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Mr. Nguyễn Chí Thanh, Standing Vice Chairman of VARS Brokers' Day 2025
AREA Press Release No. 0613/2025: July 01, 2025

Dr.Sopon Pornchokchai, Ph.D. Dip.FIABCI, MRICS
President, Agency for Real Estate Affairs (AREA)

 

On the Vietnam Real Estate Brokers’ Day, June 28, 2025, Dr.Sopon Pornchokchai, President, Agency for Real Estate Affairs and President, Thai Appraisal & Estate Agents Foundation was invited to join this event.  Please see the Opening Remarks of Mr. Nguyễn Chí Thanh, Standing Vice Chairman of Vietnam Association of Real Estate Brokers (VARS).

 

OPENING REMARKS

Vietnam Real Estate Brokers' Day 2025

Mr. Nguyễn Chí Thanh Standing Vice Chairman of VARS

 

Distinguished representatives from the Ministry of Construction,

Esteemed leaders from the Vietnam National Real Estate Association,

Honored guests, experts, and representatives from International real estate

Associations,

 

Distinguished delegates, members of the Vietnam Association of Real Estate Brokers, both attending in person and joining us online,

Representatives of the media and all esteemed attendees,

 

Today, in the vibrant and proud spirit of Vietnam Real Estate Brokers' Day, I am deeply honored to represent the leadership of the Vietnam Association of Real Estate Brokers (VARS) in delivering the opening remarks at the Real Estate Brokerage Honoring Ceremony VARS AWARDS 2025 an annual event of profound significance for our professional community.

 

First of all, please allow me to extend my respectful greetings, sincere thanks, and best wishes for good health, success, and happiness to all of you here today.

 

Ladies and gentlemen,

In every stage of development, real estate continues to be affirmed as a key economic sector, one with broad and powerful influence across various other industries.

In that flow of development, real estate brokers play the role of a dynamic bridge- connecting supply and demand, partnering with developers, supporting clients, facilitating investment flows, and contributing to the market's stability, liquidity, and transparency.

In doing so, they create a ripple effect that positively impacts the broader economy.

 

In recent years, Vietnam's real estate market has faced no shortage of challenges.

Especially from 2022 to 2024, a combination of legal, credit, capital flow, and market sentiment factors placed immense pressure on the industry.

Supply was constrained, and real estate business operations were hampered.

Many enterprises were forced to downsize or even exit the market entirely.

Among them, real estate brokers those closest to the pulse of the market were among the most visibly and heavily affected.

 

Yet it is in times of adversity that professional courage is tested and proven.

Despite immense difficulties, many real estate trading floors and ethical, professional brokers stood their ground. They did not give up.

Instead, they persisted-seeking new opportunities, adapting flexibly, continuously learning, and innovating their approaches.

 

In doing so, they remained steadfast companions to both enterprises and clients, helping to sustain the market's flow.

 

As we move into 2025, we are witnessing encouraging signs of recovery:

  • Legal bottlenecks are gradually being resolved,
  • Public investment in strategic infrastructure continues to rise,
  • Urban planning, administrative reform, and provincial mergers are creating new development spaces,
  • And investment capital is returning, opening up more growth opportunities for the real estate market.

 

In this evolving context, the real estate brokerage profession continues to assert its irreplaceable role not only as the market's stabilizer, but also as a trust builder for investors, businesses, and clients alike.

 

Distinguished guests,

It is for this reason that, under the direction of the Vietnam Real Estate Association, and with the support of the Ministry of Construction, the Vietnam Association of Realtors is proud to organize the VARS AWARDS 2025 - Honoring Ceremony for the Real Estate Brokerage Profession.

 

Today's recognition is far more than just a title or award.  It is a well-deserved acknowledgment of enduring effort, genuine professional values, and a powerful source of encouragement for brokers to keep moving forward to continue affirming their role, responsibility, and courage in the process of market recovery and development.

 

VARS AWARDS is also a platform to spread exemplary role models and professional standards-models for all brokers to learn from and follow-so that together we can build a real estate market that is transparent, healthy, and sustainable.

 

In addition to honoring excellence, VARS AWARDS 2025 serves as a vital networking and exchange platform for investors, service businesses, trading floors, real estate brokers, and experts from both domestic and international markets.  It is here that organizations and individuals share experiences, foster partnerships, and collectively shape a roadmap for professionalizing the brokerage profession, enhancing its value, and building a stronger, more deeply integrated Vietnamese real estate brokerage force.

 

VARS AWARDS 2025 continues to uphold a rigorous, transparent evaluation process- led by a reputable panel of judges, including top financial, economic, and real estate experts from both Vietnam and abroad, former government officials, industry journalists, and widespread community voting from brokers nationwide.

 

The individuals and organizations honored today are truly outstanding representatives- with exceptional achievements, persistent contributions, and a positive impact on both the profession and the market.

 

Among the key categories in VARS AWARDS 2025:

  • The "Golden Bridge" award is presented to brokerage firms of national brand stature, with outstanding performance, and contributions to the community and society.
  • The "Golden Sail" award celebrates talented young leaders in brokerage firms those who have navigated through adversity, led their companies toward sustainable growth, and affirmed their place in the market.

 

Other award categories recognize innovation, technological application, customer service standardization all of which are becoming foundational to enhancing competitiveness and meeting the demands of full integration and professionalization in Vietnam's brokerage sector.

 

Since its inception in 2018, VARS AWARDS has, over nearly a decade, become a strong foundation igniting passion and uplifting the spirit of thousands of individuals and organizations in the real estate brokerage field nationwide.  From the early seeds we planted, we are now witnessing the rise of a more courageous, professional, and globally integrated brokerage community, aligned with international standards.

 

Dear guests,

I firmly believe that with the dedication, determination, and unrelenting efforts of the entire Vietnamese real estate brokerage community, along with the positive support from state management agencies, enterprises, and the Vietnam Real Estate Association, VARS AWARDS will continue to grow becoming a prestigious symbol of the profession and contributing to the development of a stable, transparent, and sustainable real estate market in this new era.

 

Once again, congratulations to the individuals and organizations being honored today!

 

Wishing all delegates and brokers good health, tremendous success, and continued contributions to the growth of our profession, the real estate market, and Vietnam's economy as a whole.

 

Thank you very much!