Vietnam’s industrial, logistics property growing as more FDI expected
Increasing foreign investment is expected to come to industrial, logistics properties in Vietnam, pushing the growth of the sector. according to insiders.
Hanoi (VNA) 🐭– Increasing foreign investment is expected to come to industrial,logistics properties in Vietnam, pushing the growth of the sector. according to insiders.
Thelargest-ever US business mission to Vietnam including 52 businesses visitedVietnam from March 21-23 to learn about the local market and seek investment opportunities. Mostof the firms in the mission have business and production activities inVietnam. Majorgroups around the world also have production expansion plans in Vietnam in thecoming time. According to CBRE Vietnam, the rent of industrial real estate and occupancyrates are very good across all regions of the country.
The demand for industrial land is said to remain high this year. (Photo: VNA)
Vietnam’sindustrial real estate sector has great potential for developing more projectsrelated to data centres, cold storages, and logistics, according to JohnCampbell, Associate Director, Head of Industrial Services at Savills Vietnam.
🥂 He forecast that the demand for industrial landwill remain high this year. A remarkable point is the increasing trendof investment in specialised products such as ready-built warehouses (RBW),ready-built factories (RBF), logistics facilities, and data centres.
Mainopportunities in the logistics industry include last-mile logistics servicesand the implementation of a logistics 4.0 system, said Campbell. Moreover,investors can take advantage of the lack of cold storages in Vietnam to developnew projects, and increase supply for the market, he said, adding that theconstruction of built-to-suit warehouses to meet special technical requirementsis also an attraction for investors./.
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Green logistics is increasingly popular on the business radar, given consumers' interest in environmentally friendly products and the trend in green transition now underway globally.
Vietnam’s industrial real estate sector has great potential for developing more projects related to data centres, cold storages and logistics, according to John Campbell, Associate Director, Head of Industrial Services at Savills Vietnam - the largest and most experienced real estate services company in the Southeast Asian nation.
Vietnam has been ranked in the top 10 places in the 2023 Agility Emerging Markets Logistics Index compiled by Agility, one of the world’s top freight forwarding and contract logistics providers.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
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