HO CHI MINH CITY: New supply in the industrial real estate market in Ho Chi Minh City and neighbouring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tet (Lunar New Year).
According to a report by Cushman and Wakefield, the industrial real estate market in the south, specifically key areas such as Ho Chi Minh City, Binh Duong, Dong Nai, Long An and Ba Ria-Vung Tau provinces, did not have any launches in the last quarter of 2023.
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