During the pandemic,the industrial realty sector kept growing in Việt Nam. While many realty segments have suffered losses from the pandemic, industrial realty business have kept growing in Việt Nam. In the first quarter, industrial park rental rates increased in both the north and the south by 12 per cent and 6.5 per cent respectively over the same period last year, according to the first quarter report by real estate consultantJones Lang LaSalle (JLL)Việt Nam.
During the pandemic,the industrial realty sector kept growing in Việt Nam. While many realty segments have suffered losses from the pandemic, industrial realty business have kept growing in Việt Nam. In the first quarter, industrial park rental rates increased in both the north and the south by 12 per cent and 6.5 per cent respectively over the same period last year, according to the first quarter report by real estate consultantJones Lang LaSalle (JLL)Việt Nam.
The report stated that northern industrial realty attracted some large corporations which extended their production from China due to the close location and well-developed infrastructure.The average land prices in such areas reached US$99 per sq.m per lease term of 50 years, said the report, adding the demand for land rent in the first quarter still remained high as successful transactions were done before the pandemic.


Industrial realty still grows during pandemic
In the south, JLL recorded an increase of industrial rent demand and also saw higher rental prices. The average rental prices in the first quarter reached $101 per sq.m per lease term. According to realty experts, a number of multinational companies have been planning to expand their operations in Việt Nam to reduce the pressure of new tariff barriers on goods exported from China to the United States and seeking replacement markets as prices there went up since 2019. Data from the US Census Bureau shows that the volume of US goods imported from Viet Nam in 2019 increased by 35.6 per cent, in contrast to a decrease of 16.2 per cent in goods imported from China.
As a result, the experts believed the trend of producers shifting from China to other Southeast Asian nations including Viet Nam would continue this year. A report by Mirae Asset Securities in early February confirmed that industrial realty continued to have bright prospects despite the general difficulties. Currently, Việt Nam has 326 industrial parks with a total area of over 95,500 hectares. With growing demand and rental prices, developers were building more parks. In the future, there will be another 13,000 hectares of industrial parks in the north and 18,000 hectares in the south.
Seeing the increase, a representative of realty service firmSavills Việt Namsaid:"Although foreign investment in the local industrial realtysegment is still maintained well this year, the pandemicraised concerns about labour shortages and supply chain disruptions in the manufacturing sector.” Stephen Wyatt, General Director of JLL Việt Nam, said: “Việt Nam remains a promising market with a growing trend of manufacturing companies looking to set up operations in the country, which has been happening for a number of years. Industrial park developers remain confident that demand for industrial land will continue to grow and therefore land prices are expected to increase in-line with the long-term potential of Việt Nam’s industrial segment.”
JLL’s expert concluded: “With Covid-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike.”
Hiep Phuoc 是胡志明市土地资金最大的工业园区, 位于国家高速公路和公路交通轴线上的战略位置, 该地区拥有三个国际海港体系,投资者可以节省时间和运输成本,并在市场上创造竞争优势。.
立即联系我们获取建议和支持!
HIEP PHUOC 工业园区股份公司
地址: B区, 1号路, Hiep Phuoc 工业园, Hiep Phuoc 公社, 胡志明市, 越南
Hotline: (+84) 964 11 88 33
Email: marketing@hiepphuoc.com
HIEP PHUOC 工业园, 位于胡志明市芽贝,总面积 1686 公顷
- 地理位置优越,是胡志明市最大的工业园区.
- 完善的技术基础设施体系:电力、水、污水处理、电信、工业燃气网络,...
- 内部国际海港系统有助于最大程度地节省时间和运输成本。现场海关使进出口手续变得简单便捷.
- 支持快速且免费地完成初步法律程序.
20年来,200家国内外投资者的信赖和选择 HIEP PHUOC 工业园 成为可持续发展的合作伙伴. 我们致力于不断改进和创新,为每一位来到 Hiep Phuoc 工业园 的投资者带来最高的价值和利益.

