In recent years, Vietnam economy has made a great progress with the economic growth rate of the upcoming year is always higher than the previous year. The real estate market is also developing strongly and deeply, being considered a potential market and opportunity. Many domestic and foreign investors have seen and grasped these opportunities. A series of new urban areas, supermarkets, hotels, commercial centers, offices for rent is rising continuously in the biggest cities to meet the increasing demand of people. The volatility of the real estate market is very erratic. Because this is a market that occupies a large capital, the negative changes of the real estate market will directly affect the economy strongly, possibly causing potential crisis. Therefore, it is necessary to identify strategic risks to have appropriate solutions to avoid or minimize losses and damages. This article will highlight the common strategic risks in the real estate market, as well as offer adequate solutions and recommendations to prevent and overcome risks in the most effective way.