The boom of the semiconductor sector is said to have direct impacts on the industrial realty sector as demand for factories has been on the rise, according to experts.

Despite formidable challenges for the real estate market in 2023, industrial property market has stood out as a bright spot that has maintained its growth momentum on the back of the foreign direct investment (FDI) flow, according to insiders.

Although the real estate sector has suffered a fall in foreign direct investment (FDI) attraction, experts are still optimistic about its prospects of the sector, especially the industrial segment which is described as a bright spot.

The Intellectual Property Office of Vietnam (IPO) under the Ministry of Science and Technology celebrated its 40th anniversary with a ceremony in Hanoi on July 29.

The industrial property market is expected to heat up this year, driven by an influx of foreign direct investment (FDI), thanks to an improved manufacturing sector and border reopening which has helped raise investors' confidence.

Vietnam will remain one of the best investment destinations for industrial real estate in Southeast Asia for the next 10 years and beyond, experts said at a recent conference in Ho Chi Minh City.

The northern province of Bac Ninh remains a bright spot in the industrial property market in the north, taking the lead in supply and demand for industrial activities, said experts from Savills Vietnam.

Industrial property and ready-built factories remain the top choice of investors due to high demand, said experts from Savills Vietnam.

Foreign capital continued flowing to industrial real estate via mergers and acquisitions (M&A) in five months of this year, particularly in Hanoi and Ho Chi Minh City.

The supply of industrial property in the south is expected to rise further in the next five years to capitalise on the increasing demand in the region, and further strengthen its leading position in terms of supply, according to JLL Vietnam.

Vietnam’s real estate market recommenced its record run, with the industrial sector viewed as the star of the industry thanks to the country's success in combating COVID-19, said a story by Philip Heller published on Forbes earlier this week.

Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam.

Industrial real estate will be a highlight this year and next, despite the sector as a whole struggling with the impact of COVID-19, according to Nguyen Quoc Anh, Deputy Director General of Batdongsan.com.vn, the leading property website in Vietnam.

Industrial park infrastructure development companies continue to do well amid the COVID-19 pandemic, and the industrial property sector is expected to thrive since Vietnam is considered among the most attractive investment destinations post-pandemic.

Industrial property in the Northern Key Economic Zone (NKEZ) saw strong development in the third quarter of this year, according to Jones Lang LaSalle firm (JLL Vietnam).

Vietnam is well-positioned to develop industrial property, experts said at the Vietnam Industrial Real Estate Forum 2019 in Hanoi on April 23.

The Vietnamese property market got off to an auspicious start to 2019, despite fears of a real estate bubble bursting this year.

The industrial property market in Vietnam, including industrial land, ready-built factories, warehouses and other logistics properties, is in the nascent stage of development, making the country an attractive destination for investors

The Japan Patent Office (JPO) will assist the Intellectual Property Department (IPD) under the Vietnamese Ministry of Science and Technology in implementing a project to comprehensively improve its ability in processing applications for industrial property (IP).

A memorandum of understanding (MoU) on cooperation in geographical indication (GI) protection was signed between the National Office of Intellectual Property of Vietnam (NOIP) and the Mexican Institute of Industrial Property (IMPI) in Hanoi on August 21.