The demand for industrial land for lease in Vietnam remains high, but the supply of industrial land is low.
Viet Nam is an emerging manufacturing hub, especially for electronics, tech and high-value-added industries. Thomas Rooney, Senior Manager, Industrial Services, Savills Ha Noi discussed the outlook of Viet Nam’s industrial real estate sector.
In the first five months of 2023, 554 realty firms went out of business, up 30.4 per cent year-on-year. Others became worse off as their revenue and profit fell by nearly 7 and 40 per cent, respectively.
The People's Committee of central Da Nang City has announced a list of logistics projects calling for investment in the period until 2030.
Up to 1.2 million square meters of factories and over 700,000 square meters of warehouses are expected to enter the northern industrial real estate market between 2023 and 2025.
President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a "Bidenomics" pitch to voters this week.
A series of consecutive events will take place in 11 cities and provinces across Việt Nam, offering visitors a detailed look at the highly-anticipated new vehicles, including test drives for prospective buyers.