{"id":5218,"date":"2026-10-03T15:11:01","date_gmt":"2026-10-03T07:11:01","guid":{"rendered":"http:\/\/www.gssinst.org\/irer\/?p=5218"},"modified":"2026-10-03T15:52:01","modified_gmt":"2026-10-03T07:52:01","slug":"esg-practices-and-the-profitability-of-listed-real-estate-companies-in-vietnam","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2026\/10\/03\/esg-practices-and-the-profitability-of-listed-real-estate-companies-in-vietnam\/","title":{"rendered":"ESG Practices and the Profitability of Listed Real Estate Companies in Vietnam"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5218\" class=\"elementor elementor-5218\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b084dbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b084dbc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47d15be8\" data-id=\"47d15be8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73767d13 elementor-widget elementor-widget-text-editor\" data-id=\"73767d13\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><div class=\"article_label\">Article<\/div>\n<p class=\"article_title\">ESG Practices and the Profitability of Listed Real Estate Companies in Vietnam<\/p>\n\n<div>\n<p class=\"title_label_large\">Author<\/p>\n<p class=\"title_label_large\">Start Page \/ End Page<\/p>\n<p class=\"title_label\">Volume<\/p>\n<p class=\"title_label\">Issue Number<\/p>\n<p class=\"title_label\">Year<\/p>\n<p class=\"title_label_large\">Publication<\/p>\n\n<\/div>\n<div>\n\n<!-- Author \/ StartEndPage \/ Volume \/ IssueNumber \/ Year \/ Publication -->\n<p class=\"title_text_large\">Tran Thi Thu Huong, Bui Ngoc Lien<\/p>\n<p class=\"title_text_large\">377 \/ 397<\/p>\n<p class=\"title_text\">29<\/p>\n<p class=\"title_text\">3<\/p>\n<p class=\"title_text\">2026<\/p>\n<p class=\"title_text_large\">International Real Estate Review<\/p>\n\n<\/div>\n<div class=\"empty\"><\/div>\n<p class=\"abstract_label\">Abstract<\/p><p>\nThis paper evaluates the association between practicing environmental, social, and governance (ESG) standards and the profitability of listed real estate companies in Vietnam. Data are collected from real estate companies listed on the Ho Chi Minh and Hanoi Stock Exchanges during the period of 2018\u20132024. The research methodology utilizes panel regression models, including a pooled ordinary least squares model, and fixed and random effects models. To control for unobserved firm heterogeneity and year-specific shocks, the baseline model includes both firm and year fixed effects. The results show that ESG practices are not statistically and significantly associated with either the return on average assets or return on average equity, but are positively and significantly associated with accounting profitability. The findings suggest that ESG practices may not immediately improve accounting profitability for listed real estate companies in Vietnam, possibly due to the early stages of ESG implementation, initial compliance costs, and the long investment horizon of real estate projects.<\/p>\n<br>\n\n<!-- PDF DownloadLink -->\n<p class=\"download\"><a href=\"http:\/\/www.gssinst.org\/irer\/wp-content\/uploads\/2026\/10\/vol29_no3_3-MS26012902-ESG-Practices-and-Profitability-in-Vietnam-Huong.pdf\" target=\"_blank\"><strong>View PDF &#8211; https:\/\/doi.org\/10.53383\/100427<\/strong><\/a><\/p>\n<br>\n<div class=\"empty\"><\/div>\n<p class=\"abstract_label\">Keywords<\/p><p>\nESG, Profitability, Real Rstate Firms, Viet Nam<\/p>\n<div><\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Article ESG Practices and the Profitability of Listed Real Estate Companies in Vietnam Author Start Page \/ End Page Volume&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[289,290],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/5218"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=5218"}],"version-history":[{"count":3,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/5218\/revisions"}],"predecessor-version":[{"id":5238,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/5218\/revisions\/5238"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=5218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=5218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=5218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}