Though signs of improvement are clear to see, Vietnam’s real estate market still faces a host of issues, especially in regard to capital and laws. To sustainably develop the market, it is necessary to increase supply in accordance with the needs and payment capacity of people on low incomes, who have high demand for housing. The VND120 trillion ($5 billion) credit program needs to be effectively deployed, and the effectiveness of the Prime Minister’s Special Working Group on removing difficulties for real estate projects enhanced, while localities need to promote administrative reform, focusing on removing legal problems facing real estate projects. Planning approval, investment policy approval, and investor selection should also be improved to implement projects and increase supply.