Real estate segments benefit from surging FDI inflow in production
At Phu My 3 Specialised Industrial Park (Photo: VNA) |
The latest data from the General Statistics Office (GSO) revealed that total registered FDI in Vietnam reached 24.78 billion USD as of late September, marking an annual increase of 11.6%. The southern region has been a magnet for FDI, particularly cities and provinces with robust infrastructure, a stable workforce supply, and proactive investment promotion, such as Ho Chi Minh City, Ba Ria-Vung Tau, Binh Duong, Dong Nai, and Ninh Thuan provinces.
Economists attributed this trend to companies seeking to diversify their supply chains or relocate production lines from China, where labour and production costs have become less competitive. Vietnam's strategic location in the heart of Southeast Asia makes it an attractive alternative.
Experts from Savills Vietnam said this shift brings substantial investment capital, enhances production capacity, creates quality jobs, and develops supporting industries. Consequently, Vietnam is evolving from a low-cost investment destination into a hi-tech manufacturing hub with greater value-added production.
The surge in FDI within the manufacturing sector is having a ripple effect on various real estate segments, including offices, serviced apartments and industrial properties, as demand continues to grow.
Alex Crane, Executive Director of Knight Frank Vietnam, noted that the continued development and leasing of ready-built factories is a positive sign.“This provides tenants with more options as they consider Vietnam a suitable destination for investment or business expansion”, he said./.
See also
HCM City lays out plans for sound business climate with Japanese firms
16:50 | 11/12/2024 Investment
Hai Phong – a bright spot in attracting foreign investment
09:47 | 09/12/2024 Investment
Vietnamese businesses explore Indonesian market
18:01 | 07/12/2024 Investment
Vietnam attracts nearly 31.4 billion USD in foreign investment in 11 months
17:59 | 06/12/2024 Investment
Top legislator suggests Japan’s Tokyu Group expand investment in Vietnam
15:26 | 05/12/2024 Investment
Chinese media highlights Vietnam as attractive investment destination in 2025
16:38 | 03/12/2024 Investment
See more news
Vietnam's readiness to receive semiconductor investment
18:07 | 01/12/2024 Investment
Nghệ An approves US$590 million fabric factory investment from Singapore
16:01 | 29/11/2024 Investment
Ha Nam grants investment license worth more than 2.6 trillion VND for Thanh Binh II Industrial Park project
09:28 | 29/11/2024 Investment
Bulgarian President invites VinFast to invest in electric vehicle production
16:50 | 27/11/2024 Investment
Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam
15:54 | 25/11/2024 Investment
Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh
16:58 | 22/11/2024 Investment
Workshop seeks ways to attract Japan’s green investment to Vietnam
09:43 | 20/11/2024 Investment
Government approves investment policy to build Cam Lien Industrial Park in Quang Binh
16:57 | 18/11/2024 Investment
Disbursement of public investment must be accelerated: Deputy PM
12:17 | 17/11/2024 Investment
LG plans to pour further US$1 billion investment into Vietnam
10:42 | 16/11/2024 Investment
PM chairs national conference on human rights education
17:31 | 11/12/2024 News and Events
Argentina supports initiation of Mercosur-Vietnam FTA negotiations: Ambassador
17:06 | 11/12/2024 Cooperation
HCM City lays out plans for sound business climate with Japanese firms
16:50 | 11/12/2024 Investment
Vietnam's first logistics park opens in Lang Son
16:48 | 11/12/2024 Economy
Party chief calls for Dong Thap’s breakthrough development
16:38 | 11/12/2024 News and Events
Multimedia
Foreign tourists to Vietnam up 41% in January-November
09:11 | 11/12/2024 Infographic
16 intangible cultural heritage elements recognised by UNESCO
10:06 | 06/12/2024 Infographic
Vietnam-Japan Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World
08:49 | 04/12/2024 Infographic
Streamlining political system's organisational apparatus
10:17 | 03/12/2024 Infographic
Vietnam-Singapore Strategic Partnership
15:28 | 02/12/2024 Infographic
Australia shows interest in Việt Nam's vision of a 'rising era'
16:54 | 08/12/2024 Policy
Plan to streamline Government's organisational apparatus finalised
09:38 | 06/12/2024 Policy
Vietnam slashes government apparatus, with 9 minitries, agencies cut
10:25 | 04/12/2024 Policy
Specific plans announced to restructure Party apparatus
16:46 | 03/12/2024 Policy
Vietnam’s industrial production rises by 8.4% in 11 months
16:29 | 09/12/2024 Industry
Việt Nam needs a competitive energy market: experts
16:59 | 08/12/2024 Energy
Việt Nam resumes nuclear power project amid rising energy demands
17:07 | 07/12/2024 Energy
Việt Nam's supporting industry for electronics needs more support
16:58 | 07/12/2024 Support industries
HCM City lays out plans for sound business climate with Japanese firms
16:50 | 11/12/2024 Investment
Hai Phong – a bright spot in attracting foreign investment
09:47 | 09/12/2024 Investment
Vietnamese businesses explore Indonesian market
18:01 | 07/12/2024 Investment
Vietnam attracts nearly 31.4 billion USD in foreign investment in 11 months
17:59 | 06/12/2024 Investment
Realty stocks see signs of recovery
15:07 | 10/12/2024 Finance-Banking
Finance ministry to use AI in stock market surveillance
09:18 | 08/12/2024 Finance-Banking
Year-end profits put heavy pressure on banks
15:12 | 06/12/2024 Finance-Banking
Party chief receives leader of Japan Bank for International Cooperation
08:51 | 05/12/2024 Finance-Banking
Bac Ninh closely monitors environmental protection at local craft villages
08:59 | 11/12/2024 Environment
Steel, thermal power enterprises participate in training course on ETS and carbon market
15:01 | 10/12/2024 Environment
Seeking capital for green transformation remains tough
16:52 | 05/12/2024 Environment
Drainage infrastructure development behind pace of urbanisation
11:07 | 04/12/2024 Environment
NVIDIA to build AI research and data centres in VN
08:50 | 06/12/2024 Science - Technology
VinFuture Sci-Tech Week starts in Hà Nội
16:53 | 05/12/2024 Science - Technology
Nineteen initiatives receive Vietnam Smart City Awards 2024
11:46 | 04/12/2024 Science - Technology
Empowering Vietnamese firms with digital transformation
11:31 | 03/12/2024 Science - Technology
Requirements for foreign drivers, vehicles operating in Vietnam
11:34 | 11/12/2024 Society
Ninh Thuan agrees with, places high expectations on nuclear power project: Official
16:22 | 09/12/2024 Society
Clean energy vehicles to have their own rego stamps from 2025
15:58 | 09/12/2024 Society
Power sector must not let electricity shortage happen as the country aspires for double-digit growth
16:46 | 08/12/2024 Society
2024 Vietnam Business Day opens shop in Japan
14:49 | 04/12/2024 Vietnamese Brands
Việt Nam's OCOP products debut at AF-L'ARTIGIANO IN FIERA 2024 in Milan
14:55 | 02/12/2024 Vietnamese Brands
Top 10 reputable logistics companies in 2024 announced
07:33 | 01/12/2024 Vietnamese Brands
150 products honoured as “Vietnamese Goods Loved by Consumers 2024”
11:34 | 29/11/2024 Vietnamese Brands
Kinh Bac Art 3 contemporary painting exhibition opens
13:14 | 08/12/2024 Culture
Exhibition on royal culture of Huế opens
14:45 | 04/12/2024 Culture
Vietnamese artisans bring unique handicrafts to Milan
11:35 | 03/12/2024 Culture
Hanoi Digital Pho gives experience of unique culinary essence
09:19 | 03/12/2024 Culture
International visitors praise Phu Quoc as “beyond expectations”
14:05 | 09/12/2024 Tourism
Leading global tourism enterprises hail Phu Quoc as "Hawaii of the East"
09:20 | 09/12/2024 Tourism
Vietnam among top five favorite destinations for US tourists
21:08 | 08/12/2024 Tourism
15.8 million int'l tourists came to Việt Nam in first 11 months, nearing 2024 target
07:00 | 07/12/2024 Tourism