Positive factors seen in Vietnam’s retail sector would bring opportunities for the domestic real estate market. The Ministry of Industry and Trade forecasts that in 2025, the retail market is projected to reach 350 billion USD, contributing 59% of the total state budget.
With enhanced investment and Government’s support, the semiconductor industry has a pivotal role to play in the growth of Vietnam’s industrial real estate, according to a Savills Vietnam expert.
Vietnam is witnessing a significant shift in the quality of foreign direct investment (FDI) projects pour into the country as an increasing number of high-tech and pioneering industrial companies move into the country to expand operations.
Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.
Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.
Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.
Despite a modest influx of foreign direct investment (FDI) in the real estate sector since early 2024, Savills Vietnam sees a silver lining in the surge of FDI into high-tech manufacturing.
Data from Savills showed that apartments priced at 4 billion VND (160,950 USD) or more accounted for 70% of the number of those sold in the first nine months of 2024, a sharp increase from 2% in 2020.
A survey conducted by the real estate agency Savills Vietnam reveals that the country now has more than 400 eco-industrial zones, with the demand for this segment expected to grow in the future.
Foreign investors poured a total of 2.4 billion USD into the real estate market of Vietnam in the first eight months of this year, five times the level over the same period last year, according to the latest updates from the General Statistics Office (GSO).
Demand for industrial land remains high, especially in the southern region, with ready-built warehouses and factories increasingly attracting investors, according to Savills Vietnam.
Foreign investors injected more than 2.87 billion USD into the Vietnamese realty market during January-July, a year-on-year surge of 78%, according to the Ministry of Planning and Investment (MPI)’s Foreign Investment Agency.
Rents for Grade A offices in Ho Chi Minh City increased slightly in the second quarter of this year, reported Salvills Vietnam, a leading real estate service company in the country.
The residential index rose sharply in Hanoi in the first three months of 2024 but decreased slightly in Ho Chi Minh City, according to a report by property consultancy firm Savills Vietnam.
The Ho Chi Minh City Computer Association and HCM City Artificial Intelligence of Things Club organised a conference for career guidance in artificial intelligence of things on May 30.
Driven by the surging demand for semiconductor manufacturing and assembly, companies are actively seeking factories and industrial parks with necessary infrastructure and services, according to Thomas Rooney, Senior Manager of Industrial Services at Savills Vietnam.
Vietnam is assessed as one of the fastest-growing data centre markets globally, driven by the digitalisation efforts of domestic small- and medium-sized enterprises (SMEs), tech-savvy young population, the advent of 5G, demand for self-sufficient digital infrastructure, and data localisation.
Townhouse and villa transactions in Ho Chi Minh City have fallen to the lowest in the last five years with their primary supply reaching only 40% and a low absorption rate, according to real estate consultancy Savills Vietnam.
House buyers in the capital can pin hopes on new supply coming from infrastructure development this year, which is expected to push up demand for housing in neighbouring localities with reasonable prices and larger land reserves.
