Vietnamplus

Foreign investment has continued to be poured into Vietnam recently, creating a driving force for industrial property development in 2019, said insiders.

The new restriction on banks of using only 40 percent of their short-term deposits for long and medium-term loans should not take effect next year, the Ho Chi Minh City Real Estate Association (HoREA) has said.

Vietnam’s industrial real estate market has been becoming a magnet for foreign direct investment (FDI) enterprises thanks to robust growth of macro-economy.

Vietnam has attracted companies renting industrial property due to low cost as well as strategic location, strong economic growth and development of the middle-class, according to JLL Vietnam.

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