The theory, situation, and solutions to green real estate development in Vietnam Available to Purchase

The first research on green building appeared for the first time in the UK in 1990 and became a development trend in the US, Canada, and some developed countries. The green construction revolution has actively taken place in the construction – architecture industry in many developing countries worldwide in response to climate change. Energy crisis, environmental pollution, and natural resources are becoming exhausted increasingly. The green real estate obtained the "green building certificate" in Vietnam begins with a relatively small market share, only about 100 green buildings. So far, Vietnam has not had its own set of "green building" criteria, "green building" criteria such as LEED, LOTUS, or EDGE are due to investors and international organizations standing up for themselves. Although many localization efforts exist, the "green building" criteria sets are not entirely consistent with Vietnam’s standards, construction regulations, and conditions. Compared to income, housing price in Vietnam’s megacities is relatively high due to limited and rare land funds. In addition, green housing investment requires low construction density, increased design and construction investment costs, and international organizations’ high fees for green building certification. Surveying and evaluating the effectiveness of implementing "green building" projects in the past time in Hanoi and Ho Chi Minh City shows that green real estate projects bring effective results despite specific difficulties and obstacles economic benefits for both investors and users. Researching the current situation of green building development will help propose effective solutions.