About Us
FAQ
Global Law Experts Logo
Global Law Experts Logo

Find a Global Law Expert

Specialism
Country
Practice Area

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

The Assessment of Opportunity for Opportunity for Specialized Industrial Real Estate Products in Vietnam

posted 8 months ago

The assessment of opportunities for specialized industrial real estate products in Vietnam is a critical aspect of understanding the evolving landscape of the country’s real estate market. This assessment aims to delve into the current state of the industrial real estate sector in Vietnam, highlighting key factors driving its growth, the challenges it faces, and the potential for investors and businesses to tap into this dynamic market.

1. What is specialized industrial real estate?

Vietnamese law does not have any definition of specialized industrial real estate, however, based on land laws and documents related to industrial parks, specialized industrial real estate is understood as investment projects on the construction of industrial parks such as building ready-built warehouses, ready-built factories, cold storage, logistics (warehouse logistics), last-mile logistic, data centers, etc.

2. Current industrial real estate market in Vietnam

a. Overview:

In the overview of Vietnam’s commercial and industrial real estate market in the first 6 months of 2023, industrial real estate continues to be the “bright spot” of the market. In August 2023, Vietnam received a 165 million USD project.

b. Demand source:

In the first half of 2023, the market recorded the expansion of many large manufacturers such as Foxconn and Goertek in Bac Giang and Bac Ninh industrial parks. On the other hand, the strong expansion of Chinese manufacturers in many different fields has further contributed to helping the industrial land and ready-built factory segments record good absorption in the North.

3. Conclusion

In conclusion, although the industrial real estate market has witnessed significant development, it remains characterized by scarcity as the supply falls short of meeting the demand. The dynamic growth of industries such as electronics, automotive, and logistics, coupled with favorable government policies and foreign investments, presents a promising landscape for investors and developers alike.

For the full detail of this post, please reference on this link: http://hmlf.vn/assessing-opportunities-for-specialized-industrial-real-estate/

Harley Miller Law Firm “HMLF”
Head office: 14th floor, HM Town building, 412 Nguyen Thi Minh Khai, Ward 05, District 3, Ho Chi Minh City.
Phone number: +84 937215585
Website: hmlf.vn
Email: [email protected]

Author

Find the right Legal Expert for your business

The premier guide to leading legal professionals throughout the world

Specialism
Country
Practice Area
0
LAWYERS RECOGNIZED
0 m+
EVALUATIONS OF LAWYERS BY THEIR PEERS
0
PRACTICE AREAS
0
COUNTRIES AROUND THE WORLD

Join

0
who are already getting the benefits

Sign up for the latest legal briefings and news within Global Law Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at any time.

Newsletter Sign Up

About Us

Global Law Experts is dedicated to providing exceptional legal services to clients around the world. With a vast network of highly skilled and experienced lawyers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.

Contact Us

Stay Informed

Join Mailing List

GLE