Ha Tinh province hands over 88% of land for $63 mln VSIP industrial park

Ha Tinh province hands over 88% of land for $63 mln VSIP industrial park

Vietnam's central province of Ha Tinh has handed over 88% of land earmarked for Bac Thach Ha Industrial Park project to the developer, Vietnam-Singapore Industrial Park J.V. Co. Ltd. (VSIP).

Industrial real estate - Sun, March 24, 2024 | 8:00 am GTM+7

Hai Phong proposes southern economic zone to draw investment

Hai Phong proposes southern economic zone to draw investment

Vietnam's northern city of Hai Phong is urgently finishing documentation, procedures, and other related work to submit to Prime Minister Pham Minh Chinh for a project to establish a coastal economic zone in the second quarter.

Industrial real estate - Tue, March 19, 2024 | 1:53 pm GTM+7

Vietnam builder PC1 to expand industrial park portfolio amid rising FDI

Vietnam builder PC1 to expand industrial park portfolio amid rising FDI

PC1 Group Joint Stock Company, listed on the Ho Chi Minh Stock Exchange as PC1, has plans to expand its industrial park (IP) portfolio by 1,500-3,000 hectares by 2030 as foreign investment in Vietnam continues to rise.

Industrial real estate - Sat, March 16, 2024 | 11:27 am GTM+7

Thai developer WHA to invest in central Vietnam industrial park

Thai developer WHA to invest in central Vietnam industrial park

Thailand's WHA Industrial Development has received in-principle approval to build a 400-hectare, VND3.5 trillion ($141.5 million) industrial park in the central province of Quang Nam.

Industrial real estate - Fri, March 15, 2024 | 8:00 pm GTM+7

Hai Phong city prepares massive industrial parks to accommodate FDI

Hai Phong city prepares massive industrial parks to accommodate FDI

Vietnam’s northern port city of Hai Phong has plans to build new industrial parks (IPs) to prepare for an anticipated increase in foreign direct investment (FDI) amidst a supply chain value shift to the Southeast Asian region.

Industrial real estate - Tue, March 12, 2024 | 10:45 am GTM+7

VSIP industrial park to break ground in northern Vietnam border province

VSIP industrial park to break ground in northern Vietnam border province

Authorities are striving to help the 600 hectare, $275 million VSIP Lang Son Industrial Park in the eponymous province, which borders China, kick off construction in April.

Industrial real estate - Mon, March 11, 2024 | 4:34 pm GTM+7

Thai industrial developer WHA eyes second Vietnam facility by end 2024

Thai industrial developer WHA eyes second Vietnam facility by end 2024

Thailand's WHA Industrial Development is in the process of obtaining licenses to begin construction of WHA Smart Technology Industrial Zone 1 in Vietnam’s central province of Thanh Hoa by the end of 2024.

Industrial real estate - Mon, March 11, 2024 | 11:05 am GTM+7

Leading developer Shinec to build $81 mln industrial park in Vinh Phuc province

Leading developer Shinec to build $81 mln industrial park in Vinh Phuc province

The VND2,000 billion ($80.9 million) Phuc Yen Industrial Park project in Vietnam's northern province of Vinh Phuc received an investment certificate on Wednesday.

Industrial real estate - Wed, March 6, 2024 | 1:11 pm GTM+7

VSIP Binh Dinh industrial park inaugurated in central Vietnam

VSIP Binh Dinh industrial park inaugurated in central Vietnam

The first phase of the $300 million Becamex VSIP Binh Dinh service-urban-industrial complex was inaugurated in the south-central province of Binh Dinh on Monday.

Industrial real estate - Mon, March 4, 2024 | 4:31 pm GTM+7

Singapore trust Mapletree Logistics to spend $51 mln on buying 2 Vietnam properties

Singapore trust Mapletree Logistics to spend $51 mln on buying 2 Vietnam properties

Mapletree Logistics Trust, a Singapore-based logistics real estate investment trust, is set to spend SGD68.4 million ($50.9 million) on the acquisitions of two logistics properties in Vietnam.

Industrial real estate - Mon, March 4, 2024 | 10:41 am GTM+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 - Sat, March 2, 2024 | 11:02 pm GTM+7

Industrial real estate a 'shining light' in Vietnam: Knight Frank exec

Industrial real estate a 'shining light' in Vietnam: Knight Frank exec

Vietnam's industrial real estate landscape sector has a rosy outlook, making it a "shining light" in terms of investment volumes, development of quality ready-built facilities, and underlying strong performance in land prices, said Alex Crane, managing director of Knight Frank Vietnam.

Industrial real estate - Tue, February 20, 2024 | 10:11 am GTM+7

Industrial property set to outperform rest of Vietnam realty market

Industrial property set to outperform rest of Vietnam realty market

Rising demand has sent occupancy rates and rents at industrial parks (IPs) and economic zones (EZs) in Vietnam soaring over the past year, providing a bright spot in the country’s real estate market.

Industrial real estate - Mon, February 19, 2024 | 1:40 pm GTM+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 - Sun, February 18, 2024 | 5:24 am GTM+7

Electronics, computers, optical products main demand sources for northern Vietnam ready-built-factories

Electronics, computers, optical products main demand sources for northern Vietnam ready-built-factories

The developers of industrial parks (IP) in the Northern Key Economic Region (NKER) are rushing to source land in order to take advantage of the investment wave in Vietnam, write Cushman & Wakefield analysts.

Industrial real estate - Fri, February 9, 2024 | 10:24 am GTM+7

Southern Vietnam industrial park tops profit target by 31%

Southern Vietnam industrial park tops profit target by 31%

Long Hau JSC, a major industrial real estate developer headquartered in Long An province, posted after-tax profits of VND167 billion ($6.83 million) in 2023, exceeding the year target by 31%.

Industrial real estate - Thu, February 8, 2024 | 10:59 pm GTM+7

Vietnam offers tax, working conditions incentives for high-tech parks

Vietnam offers tax, working conditions incentives for high-tech parks

Vietnam will provide tax and working conditions incentives for high-tech parks and businesses therein under new Government Decree 10/2024, effective March 25.

Industrial real estate - Tue, February 6, 2024 | 8:11 am GTM+7

Japan’s Sojitz plans to build smart green industrial park in southern Vietnam

Japan’s Sojitz plans to build smart green industrial park in southern Vietnam

Japan’s multi-sector business Sojitz Corporation plans to build a smart green industrial park in Vietnam’s southern industrial hub of Dong Nai under a program run by the Japanese Ministry of the Environment.

Industrial real estate - Thu, January 25, 2024 | 10:42 am GTM+7

Industrial park giant Sonadezi plans to divest from subsidiaries

Industrial park giant Sonadezi plans to divest from subsidiaries

Dong Nai province-based industrial park developer Sonadezi has announced its intention to divest capital from member companies as part of its restructuring plan for the 2021-2025 period.

Industrial real estate - Tue, January 23, 2024 | 9:46 pm GTM+7