Many factors support industrial real estate market’s growth: Experts
- 187
- Business
- 20:05 14/03/2022
The industrial real estate market is expected to boom thanks to good signs in foreign direct investment (FDI) and the resumption of international flights, predicted experts from Savills Vietnam.
According to the Foreign Investment Agency under the Ministry of Planning and Investment, in the first two months of 2022, Vietnam drew 5 billion USD in FDI, equal to 91.5 percent of the same period last year, but the figure is still encouraging given the spreading pandemic. Meanwhile, 2.68 billion USD worth of FDI was disbursed in the period, up 7.2 percent year on year.
The real estate sector came second in FDI attraction in the period with 1.52 billion USD, the agency reported.
Savills Hanoi Director Matthew Powell commented that compared to regional countries, Vietnam has more favourable conditions with more affordable real estate prices and many new projects that will increase supply in the future.
Competitive labour cost and the improved legal corridor are also among factors attracting investors to the country, he said.
Powell highlighted that many famous brands’ selection of Vietnam as their strategic destination has helped promoted FDI attraction and enhance the country’s prestige in the world arena.
He listed reasons making the industrial real estate in Vietnam attractive, including prices, large number of prestigious developers, labour resources, convenient transport network, easy access to international sea ports and airports, and incentives from the State.
Besides, political stability, abundant investment opportunities and support from the local government, as well as the country’s administrative reform efforts are also other factors luring investors to Vietnam instead of China, India or Thailand, according to Powell.
Savills experts forecast that the resumption of international flights from March 15 will lead to a boom in FDI attraction with many new projects, especially factories, logistics services and warehouses.
The industrial real estate market has seen the emergence of many data centre and logistics projects with high-quality investment, contributing to the promotion of Vietnam's reputation in the international arena. The resumption of international routes will make it easier for foreign-invested enterprises to access industrial park projects in Vietnam, which will greatly support the growth of this segment in 2022, they added.
Acccording en.vietnamplus.vn
Related news
#estate market
Journalism plays a critical role in ensuring transparency in the real estate market
With transparency, honesty, and professionalism, journalism has significantly contributed to a more transparent and stable real estate market.
Increasing land prices close to market value - challenges for businesses?
In the real estate market, there has been a trend of increasing land prices close to the general market value. This price increase brings challenges for businesses, especially those heavily dependent on real estate.
Đọc thêm Business
VinFast: a strategic pivot amid the green industry storm?
As the global auto industry accelerates its transition to electric mobility, VinFast faces its toughest test yet: soaring financial pressure, heated debates on phasing out combustion engines, and mounting global competition.
127 high-value projects post-merger: Ho Chi Minh City rolls out the red carpet for strategic investors
Ho Chi Minh City has unveiled a portfolio of 127 strategic projects as part of a major investment restructuring effort post-boundary expansion, signaling a shift toward selective and high-impact investment in technology, finance, and logistics.
Vietnam's Semiconductor Leap: Five Strategic Policies to Reach 2027 Goal
Vietnam has set an ambitious target: to manufacture "Make in Vietnam" semiconductor chips by 2027. This bold commitment marks a defining moment in the country’s high-tech trajectory, positioning Vietnam as a rising contender in the global chip race.
What’s Vietnam’s game plan as President Trump pressures the Fed?
In a move that rattled political circles and financial markets worldwide, U.S. President Donald Trump declared he would sue Federal Reserve Chairman Jerome Powell for “stifling growth” with high interest rates.
Quang Tri attracts $96.5 mln in new projects in July
The provincial authorities approved investment policy for 13 projects in the month of July.
Samsung Electronics Vietnam inaugurates its first rooftop solar project at Bac Ninh Factory
July 31, 2025, Samsung Electronics Vietnam (SEV) officially inaugurated the rooftop solar power project at the SEV factory in Yen Phong Industrial Park, Bac Ninh.
Promoting market development for science and technology products
The Trade Promotion Agency affirmed that it will continue close coordination with trade offices, domestic entities, and industry associations to effectively implement trade promotion programs tailored to science and technology products.
European-standard ingredients: Inspiring culinary journeys from the heart of the kitchen
The EU Good Food – Good Life campaign, funded by the European Union, has enriched the variety of EU-standard food ingredient options available in the Vietnamese market.
Taste of Queensland: Strengthening Vietnam–Queensland Partnerships through Culinary Diplomacy
Against the elegant backdrop of the “Taste of Queensland” networking dinner, government officials, business leaders, and investors from Vietnam and the Australian state of Queensland gathered to celebrate and advance a thriving bilateral relationship
“Lithuanian President’s visit opens a new chapter in bilateral cooperation with Vietnam”
This assessment was shared by Mr. Arunas Karlonas, Commercial Affairs Counsellor of the Lithuanian Embassy, regarding the potential cooperation between the two countries following the recent official visit of the Lithuanian President to Vietnam.