The real estate market in Vietnam is attracting foreign investors' cash flow, thanks to positive and stable macroeconomic growth. Foreign direct investment (FDI) increased sharply along with the movement in the value chain has shown the potential of the real estate market (Industrial Park) in Vietnam.
It is forecasted that in the coming time, the industrial property segment will be the trend of investors. In particular, the Government has just agreed to Ho Chi Minh City transformed 26,000 hectares of agricultural land into industrial and service development. Therefore, the opportunity to own land funds to penetrate and develop in the field of industrial property is very great for both existing investors and potential investors in the future. Recognizing the fact that, to attract investors in production, the industrial park in Ho Chi Minh City has the direction to catch the trend.
It is forecasted that in the coming time, the industrial property segment will be the trend of investors. In particular, the Government has just agreed to Ho Chi Minh City transformed 26,000 hectares of agricultural land into industrial and service development. Therefore, the opportunity to own land funds to penetrate and develop in the field of industrial property is very great for both existing investors and potential investors in the future. Recognizing the fact that, to attract investors in production, the industrial park in Ho Chi Minh City has the direction to catch the trend.
Industrial Parks and Export Processing Zones in Ho Chi minh City has many policies to attract investors such as assisting investors receive business registration quickly, simple land lease procedures, recruitment consultancy ... Particularly Hiep Phuoc Industrial Park is the first The industrial park is intended for investors from Japan and the industrial park dedicated to the supporting industry.
CJ Cau tre Factory is under construction at Phase 2 - Hiep Phuoc Industrial Park
2017 is considered as an important year for industrial production, when industry held a prominent position with $ 15.87 billion invested directly in production and processing (accounted for 44.2% of total FDI). The positive signals from attracting FDI, especially in the processing industry, are opening up good opportunities for industrial real estate. Many manufacturing industries in Vietnam have been expanding in recent years, leading to an increase in demand for industrial property. A survey conducted by the Japan External Trade Organization (JETRO) in Ho Chi Minh City showed that nearly 70% of respondents had plans to expand their production in Vietnam. This figure is highest compared to other countries in the region. Meanwhile, the statistics of the European Business Association (Eurocham) also showed that more than 90% of European businesses will continue to invest in manufacturing in Vietnam.
About the trend of industrial property market in 2018, many experts believe that online retail sales in all markets in the Asia-Pacific region, including Vietnam, is forecast will increase exponentially in the short and medium term. Therefore, the demand for modern logistics facilities combined with technology and automation will increase sharply.
Savills has seen the flow of foreign capital into Vietnam from Japan, Korea, Singapore and Thailand, said Savy Griffiths, managing director of Savills Vietnam. According to the angle of correlation of the market, in the second half of the year, industrial real estate market has many prospects. Because of the factors of FDI attraction from many localities. Similarly, Jeffrey Perlma, chief executive of Warburg Pincus Group, said that Vietnam is receiving a lot of attention from foreign investors because of its rapid economic growth in Southeast Asia. and the world. With the shift of production base from China market to Vietnam, as well as the rapid increase of domestic consumption, the industrial and logistics market of Vietnam has come to maturity. for outstanding growth.
[Source: http://www.sggp.org.vn]