Vietnam industrial property rentals set to rise 7-9% a year

Vietnam industrial property rentals set to rise 7-9% a year

Industrial real estate rentals can increase 7-9% per year in the coming years given continued robust inflows of foreign investment and limited new supply, according to property services firm CBRE.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand’s WHA plans to build 1,200 hectare industrial park in southern Vietnam

Thailand’s WHA plans to build 1,200 hectare industrial park in southern Vietnam

Thailand's WHA Industrial Development plans to build a smart and eco-friendly industrial park in Vietnam’s southern province of Ba Ria-Vung Tau, covering 1,200 hectares.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gilimex begins to generate revenue from industrial parks

Gilimex begins to generate revenue from industrial parks

Binh Thanh Import-Export Production and Trading JSC's (Gilimex) first ever revenue from industrial real estate reached over VND15 billion ($611,500) in Q4/2023, with a gross profit margin of 59%.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi property market 2023 overview and 2024 forecasts: Cushman & Wakefield

Hanoi property market 2023 overview and 2024 forecasts: Cushman & Wakefield

Cushman & Wakefield analysts give an insight into real estate segments in Hanoi in 2023 and prospects for 2024.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

London-based Actis exits Vietnam project after ‘successful’ $20 mln investment

London-based Actis exits Vietnam project after ‘successful’ $20 mln investment

London headquartered Actis has exited the An Phat 1 Industrial Park in Hai Duong province after selling its 49% stake in the facility to An Phat Holdings, its operating partner.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial property to remain bright spot for Vietnam economy in 2024: expert

Industrial property to remain bright spot for Vietnam economy in 2024: expert

Industrial real estate will continue to be a bright spot for the Vietnamese economy next year, with stable and high occupancy rates and rental prices, Can Van Luc, chief economist at Hanoi-based bank BIDV, writes to The Investor.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

China likely to become No.1 investor in Vietnam's certain industries: KPMG exec

China likely to become No.1 investor in Vietnam's certain industries: KPMG exec

China is likely to become the largest investor in a number of industries in Vietnam in the coming years given U.S.-Sino trade tensions and a slowdown of the world’s second-largest economy, an executive of consultant KPMG has said.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam industrial property picture sees contrasting colors

Vietnam industrial property picture sees contrasting colors

While northern Vietnam’s industrial real estate market attracts investors in fields with high added value such as electronics, computers, automobiles, machinery and equipment, the south region is a magnet for rubber, plastics, food, beverage, construction materials and garment businesses.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Manufacturing investments bolster Vietnam's real estate performance

Manufacturing investments bolster Vietnam's real estate performance

Despite the global economic slowdown, Vietnam's real estate performance remains robust with significant appeal for foreign manufacturing investors, property services firm Savills said in its Asia Pacific Investment Quarterly Report.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam has to up its game for green FDI: industrial park exec

Vietnam has to up its game for green FDI: industrial park exec

Vietnam has to improve its business environment further, ensuring policy and legal stability in order to lure green FDI, said Pham Van Chinh, deputy CEO of IDICO Corporation JSC.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand’s Amata records Q1 revenue of $8.3 mln in Vietnam

Thailand’s Amata records Q1 revenue of $8.3 mln in Vietnam

Thailand’s biggest industrial developer Amata recorded a revenue of THB286 million ($8.3 million) from its activities in Vietnam in the first quarter of this year, according to the firm’s report.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial property price hikes unwarranted: Colliers Vietnam analyst

Industrial property price hikes unwarranted: Colliers Vietnam analyst

Industrial real estate rentals in Vietnam are increasing rapidly at about 10-15% per year, but the quality and diversity of products do not really match these price hikes, said Vu Minh Chi, senior manager of industrial services at Colliers Vietnam. lly commensurate with price hikes, said Vu Minh Chi, Senior Manager of Industrial Services at Colliers Vietnam.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Q1 real estate landscape in northern Vietnam

Q1 real estate landscape in northern Vietnam

The residential market in northern Vietnam remained in distress in the first quarter, while demand for industrial real estate was sustained thanks to the China+1 strategy of manufacturers, says Cushman & Wakefields.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s industrial real estate sector faces tough times in 2023-2024

Vietnam’s industrial real estate sector faces tough times in 2023-2024

Vietnam’s industrial real estate sector is likely to face challenges when new supplies fall due to due to delayed approval processes, said leading Vietnamese broker VNDirect Securities.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai industrial developer Amata earns $34 mln profit in Vietnam last year

Thai industrial developer Amata earns $34 mln profit in Vietnam last year

Amata VN Public Company Limited, under Thailand’s biggest industrial developer Amata, earned an after-tax profit of 1.17 billion baht ($33.88 million) in 2022, up 57.09% year-on-year, according to the firm’s latest financial statement.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Singapore firms to co-develop $250 mln industrial parks

Vietnam, Singapore firms to co-develop $250 mln industrial parks

Vietnamese industrial developer Gelex and Singapore’s property developer Frasers Property Investments are planning to invest $250 million in developing industrial parks in northern Vietnam.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial land rental in HCMC sets new peak in 2022

Industrial land rental in HCMC sets new peak in 2022

Rent of industrial land in the southern economic hub of Ho Chi Minh City reached $300 per square meter per lease period at the end of 2022, the highest in southern Vietnam.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC eyes gigantic economic zone straddling four districts

HCMC eyes gigantic economic zone straddling four districts

Ho Chi Minh City authorities plan to set up a giant economic zone that covers 26,000 hectares of land in four districts, including industrial real estate, services and urban areas.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Core5 Vietnam begins first project as industrial developer

Core5 Vietnam begins first project as industrial developer

Core5 Vietnam, launched by Indochina Kajima this July as its industrial property platform in the country, began work Friday on its first project in Hai Phong.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Golden opportunity for Vietnam to develop industrial property: Vinhomes executive

Golden opportunity for Vietnam to develop industrial property: Vinhomes executive

Now is a golden opportunity for Vietnam to boost industrial property development and attract more high quality FDI, says Vu Cong Tru, Industrial Real Estate director of Vinhomes JSC.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

KBC's industrial park 'empire'

KBC's industrial park 'empire'

KinhBac City Development Holding Corporation (KBC), one of Vietnam's leading industrial real estate companies, is managing about 5,188 hectares of industrial park developments.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Indochina Kajima aims at $1 bln Vietnam investment

Indochina Kajima aims at $1 bln Vietnam investment

Indochina Kajima, a joint venture between Indochina Capital and Kajima Corporation, expects to pour about $1 billion into Vietnam’s industrial real estate in the coming years.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Rising role in global supply chains fuels Vietnam industrial estate demand

Rising role in global supply chains fuels Vietnam industrial estate demand

Vietnam's increasing role in Japanese investors' global supply chains is driving up demand for industrial real estate in the country, a deputy minister said Tuesday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial real estate in southern Vietnam catching majors

Industrial real estate in southern Vietnam catching majors

2022 has proven an exciting year for the industrial real estate market in southern Vietnam as waves of new foreign investment enter the country.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7