HANOI (Xinhua): The rapid growth of e-commerce and logistics in Vietnam is pushing up demand for warehouse real estate along with infrastructure investment, Vietnam News reported Tuesday.
The supply of ready-built factories and warehouses across the country has reached 15.1 million square meters, rising by 31 per cent year-on-year, with strong growth across key localities, the report quoted real estate agency Savills Vietnam as saying.
With a national average rent of US$4.60 per square meter per month, the overall occupancy rate of 80 percent indicates high demand.
The ready-built factory and warehouse supply in Vietnam's southern economic zone and northern economic zone has reached 10.6 million square meters and 4.5 million square meters, respectively, said the report.
Vietnam govt also announced that the country aims to achieve a GDP per capita of US$4,900 by 2025 as one of 15 key targets outlined in Resolution 158/2024/QH15 adopted by the National Assembly.
This ambitious goal reflects the country's commitment to accelerating growth and resolving systemic challenges to meet the objectives of its 2021-2025 socio-economic development plan.
The current GDP per capita, as recorded by the World Bank in 2023, is almost US$4,500. - XInhua
