Industrial real estate market stable in year's first months

The industrial real estate market, particularly in the southern region, held steady in the first months of this year, which experts said was mainly thanks to rebounding imports and exports, and increasing influx of foreign investment.

The industrial real estate market, particularly in the southern region, holds steady in the first months of this year. (Photo: VNA)
The industrial real estate market, particularly in the southern region, holds steady in the first months of this year. (Photo: VNA)

HCM City (VNA) – The industrial real estate market, particularly in the southern region, held steady in the first months of this year, which experts said was mainly thanks to rebounding imports and exports, and increasing influx of foreign investment.

The average land rent price in the tier-1 market in the southern region was 189 USD per sq.m, up 2.4% year-on-year, according to property consulting firm CBRE Vietnam.

Experts said apart from electronics, automobile and spare part manufacturers, tenants from new industries in the high-tech field such as electric vehicle manufacturing, semiconductors, and green materials have expressed their interest in Vietnam.

Localities' orientation for new business and increasing interest in high-tech industries are expected to create a boom in this sector in the future.

Pham Thi Mien, deputy head of Market Research and Investment Promotion Consulting from the Vietnam Association of Realtors (VARS), forecast that the industrial real estate segment will maintain the pace throughout the year, noting many investment projects in this regard have received in-principle approval and kept moving.

Experts explained that along with the stable socioeconomic situation, the improved investment environment, and incentives to foreign investors, Vietnam has paid attention to infrastructure construction.

Assoc. Professor, Dr. Dinh Trong Thinh, from the Academy of Finance, stressed the need for Vietnam to have a clean land fund, and sketch out a national master plan, and schemes for localities and sectors in order to roll out appropriate incentives.

The VARS said Vietnam plans to zone off an additional 115,000 hectares of land for industrial parks in the next decade, with about 558 IPs across the country, nearly 1.5 times the current number.

VARS Chairman Nguyen Van Dinh said that Vietnam will continue attracting many foreign investors, adding the FDI influx in industrial parks and economic zones will account for about 45% of the total additional registered FDI in the country this year./.

VNA

See more

At the working session between the Vietnam Directorate of Market Surveillance and the US Embassy over counterfeit Sunview-branded raisins in Hanoi on February 7. (Photo: dms.gov.vn)

Vietnam, US tackle counterfeit Sunview-branded raisins

Statistics showed that since 2024, there have been 27 documented cases involving Sunview raisins, resulting in fines of over 536 million VND (21,440 USD), primarily due to the sale of smuggled goods and products of unclear origin.

Illustrative image (Photo: VNA)

Nearly 16 trillion VND raised through January bond auctions

The January auctions saw a strong preference for 10-year and 15-year bonds, representing 80.2% and 14.8% of the total, respectively. Specifically, 10-year bonds raised 12.81 trillion VND, while 15-year bonds garnered 2.36 trillion VND.

The VF3 model manufactured by VinFast is the most popular model in Vietnam's market. ( Photo courtesy of the company)

EVs will no longer be exempt from registration fees

Instead of enjoying a zero percent registration fee, battery-powered electric vehicles (EVs) will be required to pay 50% of the fee applicable to internal combustion engine cars with the same seating capacity.

Thuan An Fishing Port (Photo: tuoitrethudo.vn)

Thuan An fishing port opens, boosting Hue’s seafood industry

The second docking area of Thuan An Fishing Port has a minimum cargo handling capacity of 20,000 tonnes per year, and is capable of simultaneously accommodating 500 fishing vessels of at least six metres in length for docking and storm shelter.

Vietnamese prefer buying gold to mark God of Wealth Day (Photo: VNA)

Gold prices up again on God of Wealth Day

Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of the God of Wealth Day on February 7 (the 10th day of the first lunar month).

Vietnam will complete and develop the national nuclear power infrastructure to support the implementation of the Ninh Thuan nuclear power project, (Illustrative photo: VNA)

Master plan on atomic energy development, application approved

Efforts will be made to urgently complete and develop the national nuclear power infrastructure to support the implementation of the Ninh Thuan nuclear power project, while continuing to carry out the national nuclear power development programme.

Rice for export at Thoai Son Foodstuff One-member Co. Ltd. under Loc Troi Group. (Photo: VNA)

Vietnam works to expand markets, sustain rice export growth

By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year. To sustain exports, authorities are prioritising trade promotion, with the Ministry of Industry and Trade implementing measures to boost rice exports.