Vietnamplus

Northern Vietnam has attracted many international giants, especially those in electronics, thanks to its complete infrastructure.

In the context of a booming cold storage logistics industry to serve vaccine distribution needs as well as growth in seafood processing and consumer demand, Vietnam’s cold storage logistics market is forecast to reach a value of 295 million USD by 2025, with an annual growth rate of 12 percent per year, said an expert.

Around 26,000 apartment units are expected to be launched in Hanoi in 2022, signaling a vibrant outlook for the segment, according to real estate service provider Cushman & Wakefield (C&W) Vietnam.

Southeast Asia will be the fastest growing region for co-location data centres over the next five years, with its market size expanding by a compounded annual growth rate (CAGR) of 13 percent during 2019-2024, according to a report released on August 19 by Cushman & Wakefield, a leading global real estate services firm.

Commercial property is attracting much interest from investors in Vietnam’s property market, which is still an attractive destination for foreign real estate firms.

The market segment for offices and retail space for lease in Hanoi is expected to become fiercely competitive as supply increases.

Vietnam’s food market is at its busiest ever, as investors are pouring into the industry on the back of local people’s increasing demands for food and beverages.

The southern economic hub of HCM City has been ranked 32nd on a list of the 65 best main streets in the world in Cushman & Wakefield's 27th "Main Streets Across The World" report.

The 2015 Vietnam IT outsourcing conference (VNITO) opened in Ho Chi Minh City on October 15 with 400 corporate executives from Vietnam and 20 other countries worldwide taking part.