Real estate is considered an “ecosystem” of the economy as it generates demands and drives for the development of hundreds of other industries. According to experts, the trend of real estate expansion and development is expected to continue at least until 2050, when Vietnam will have basically completed industrialization and moved toward sustainable, in-depth development.

In reality, the labor market shows that the real estate sector still faces shortages and weaknesses. There is a shortage because there are not enough human resources to meet the sector’s expansion and development needs. There is a weakness because many civil engineers graduate without sufficient knowledge of economics, management, and investment, while business professionals often lack technical knowledge, construction technology, and the ability to analyze and evaluate real estate investment options.

1. Employment opportunities after graduation

Engineers who graduate with a major in Real Estate Economics and Management are always in high demand by employers. 100% of students find jobs within three months after graduation, with an average income of 8–12 million VND per month in the first year. Engineers with over three years of experience can earn 20–30 million VND per month or more.

Graduates in Real Estate Economics and Management can work in domestic and international organizations, including:

• Construction companies and real estate investment businesses: They can work as real estate development specialists, analyzing project efficiency, proposing investment or sales plans, preparing bank loan documents, preparing construction estimates, bidding for construction projects, selecting investors, finalizing investment capital, and controlling project quality.

• Government agencies managing real estate, such as the Housing and Real Estate Market Department – Ministry of Construction, State Assets Department – Ministry of Finance, Ministry of Finance, Ministry of Natural Resources and Environment, Departments of Construction, Departments of Natural Resources and Environment, and local Finance Departments. Their focus is on building legal frameworks to guide the healthy development of the real estate market, providing a legal basis for domestic and foreign investors. They also propose solutions to the government for managing housing and the real estate market, ensuring balanced development across provinces.

• Financial institutions, banks, investment funds, and insurance companies: Graduates can work as staff or leaders in project appraisal departments. Their main tasks are to assess project feasibility, evaluate borrowers’ repayment capacity, and propose loan limits for each project.

• Asset appraisal and auction companies: This sector helps accelerate equitization in state-owned enterprises, ensures transparency of enterprise values, protects state capital and tax revenues, and ensures transparency in auctions and asset sales. Leading valuation companies in Vietnam include Vietnam Valuation and Financial Services Joint Stock Company (VVFC – Ministry of Finance) and Century Appraisal Joint Stock Company (Cenvalue).

• Property management companies: With the construction of numerous hotels, resorts, and high-rise residential buildings to meet urban residents’ growing living and leisure needs, professional organizations with in-depth expertise in real estate management are essential. Graduates in Real Estate Economics and Management are highly sought after by property management units, with potential incomes ranging from 5,000–10,000 USD per month.

• Real estate trading floors: Their activities focus on three areas: consulting services (sales, legal, investment, financial consulting), brokerage services, and real estate trading services. This sector offers high income and rapid career advancement shortly after graduation.

• Teaching in Real Estate Economics and Management at universities nationwide: Currently, there is a shortage of lecturers in this field.

2. Contact information for further details

Faculty of Economics and Construction Management – National University of Civil Engineering
Address: Room 319A1, NUCE, 55 Giai Phong Street, Hai Ba Trung District, Hanoi, Vietnam
Phone: (024) 3869 1829 | Fax: (024) 3628 4423 | Hotline: 0913213513 (Mr. Nguyen Quoc Toan – Vice Dean of the Faculty of Economics and Construction Management)
Email: contact@kinhtexaydung.edu.vn
Fanpage: https://www.facebook.com/cem.nuce/
Admissions website: http://tuyensinh.nuce.edu.vn/
Official Faculty website: https://kinhtexaydung.nuce.edu.vn/
Detailed introduction video: https://www.youtube.com/watch?v=95sbFsOloyI&feature=emb_logo