Strong development of e-commerce is reshaping Vietnam logistics market: Cushman & Wakefield

Strong development of e-commerce is reshaping Vietnam logistics market: Cushman & Wakefield

Vietnam has grown to become one of the e-commerce markets with the biggest potential in the ASEAN region, Cushman & Wakefield analysts write.

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

France’s Idec Group Asia begins building $51.3-mln warehouse in Vietnam

France’s Idec Group Asia begins building $51.3-mln warehouse in Vietnam

Idec Group Asia Vietnam, a subsidiary of France’s Asia-focused industrial real estate developer Idec Group Asia, kicked off the construction of a $51.3 million logistics and industrial warehouse in Bac Ninh province on Wednesday.

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

French logistics giant opens second distribution center in Vietnam

French logistics giant opens second distribution center in Vietnam

French logistics giant FM Logistic inaugurated its second Vietnam distribution center in the southern province of Binh Duong on Thursday.

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

US logistics firm looks to expand Asia-Pacific footprint through Vietnam

US logistics firm looks to expand Asia-Pacific footprint through Vietnam

Michigan-headquartered Lineage Logistics, an international warehousing and logistics company, said Saturday it has partially closed a joint venture arrangement with Hanoi-based cold storage warehouse operator SK Logistics.

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

Vietnam industrial property developers look to reap MNCs’ supply chain diversification gains

Vietnam industrial property developers look to reap MNCs’ supply chain diversification gains

Vietnam's industrial real estate continues to attract both domestic and foreign investors looking to benefit from the supply chain diversification initiatives of multinational corporations (MNCs).

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

China proximity boosts north as Vietnam industrial real estate expands

China proximity boosts north as Vietnam industrial real estate expands

Continuous business expansion by foreign manufacturers has boosted industrial real estate demand in Vietnam in general and the northern region in particular, given its proximity to China.

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

Hong Kong-invested firm unveils readymade factory, warehouse in northern Vietnam

Hong Kong-invested firm unveils readymade factory, warehouse in northern Vietnam

Gaw NP Industrial is building a 16-hectare readymade factory and warehouse facility in Ha Nam province near Hanoi to meet rising demand for manufacturing and storage facilities.

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

GSK to bring more innovative vaccines, medicines to Vietnam

GSK to bring more innovative vaccines, medicines to Vietnam

British drugs giant GSK launched a $200 million legal entity in Vietnam last year as part of its commitment to long-term investment in the country. GSK Vietnam president Pham Thi My Lien tells The Investor that its new Ho Chi Minh City warehouse is a world-class facility, and the firm plans to introduce more vaccines and medicines to the market.

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

Major fuel storage facility opens in Mekong Delta, imports condensate 

Major fuel storage facility opens in Mekong Delta, imports condensate 

NSH Petro launched the first phase of its Soai Rap-Hiep Phuoc fuel storage depot project in Tien Giang province on Thursday, receiving its first 8,666 tons of imported condensate as a material to make petrol products.

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

SLP delivers first 2 hectares of warehouse in Long An

SLP delivers first 2 hectares of warehouse in Long An

SLP, the Vietnam asset management unit of Singapore logistics infrastructure developer GLP, has delivered around 20,000 square meters of warehouse in SLP Park Xuyen A in Long An province to Vietnamese delivery company Giao Hang Nhanh.

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

Central region’s logistics packs in investors

Central region’s logistics packs in investors

Investments into central Vietnam’s logistics sector have recently become more vigorous as the region is on the way to becoming the next area of development.

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

Sembcorp to develop ready-built warehouses in central province next month

Sembcorp to develop ready-built warehouses in central province next month

Singapore's Sembcorp Industries will commence construction of a 3.5-hectare warehouse facility in Quang Ngai on December 2 as the first of its kind in the central province.

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

Hung Yen province approves two new projects worth $93 mln

Hung Yen province approves two new projects worth $93 mln

The northern province of Hung Yen granted investment certificates to projects worth VND2,300 billion ($93 million) Friday, one of them involving a foreign investor.

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

SLP builds 2.9 hectare warehouse in southern Vietnam

SLP builds 2.9 hectare warehouse in southern Vietnam

SLP Vietnam kicked off the construction of its 29,000-square meter SLP Park Binh Minh warehouse project in Vinh Long province on Monday.

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

Hai Phong begins construction of $38.5 mln industrial center

Hai Phong begins construction of $38.5 mln industrial center

Construction commenced Tuesday on the $38.5 million GNP Nam Dinh Vu Industrial Center at the Nam Dinh Vu Industrial Park in the northern port city of Hai Phong.

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

Q4 shopping demand to electrify goods storage space

Q4 shopping demand to electrify goods storage space

Stiffer competition among online shopping sites in Vietnam during the last three months of the year will drive up inner-city warehouse occupancy rates, according to Cushman & Wakefield.

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

Work starts on Vietlog Industrial’s flagship warehouse in northern Vietnam

Work starts on Vietlog Industrial’s flagship warehouse in northern Vietnam

Vietlog Industrial (VLI), an affiliate of Hong Kong-based investment management company Skymont Capital, early this week broke ground for its VLI Warehouse Hung Yen project.

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

Mitsubishi looks to tap Danang potential in industrial real estate, logistics

Mitsubishi looks to tap Danang potential in industrial real estate, logistics

Japan's Mitsubishi Corporation is seeking investment opportunities in diverse areas in Danang, an economic and tourism hub in central Vietnam, including industrial real estate and logistics.

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

SLP beefs up Vietnam logistics facility expansion

SLP beefs up Vietnam logistics facility expansion

SEA Logistic Partners (SLP), an industrial and logistics facility developer backed by warehouse giant GLP, has commenced construction of a nine-hectare warehouse, its second in Bac Ninh province, an emerging manufacturing hub in northern Vietnam.

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

Hai Phong launches $32 mln warehouse project

Hai Phong launches $32 mln warehouse project

Hong Kong-backed JD Future Explore V Limited has embarked on developing a warehouse at the Non-Tariff Zone and Nam Dinh Vu Industrial Park in Hai Phong, northern Vietnam’s biggest port city.

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