Vietnam faces scarcity of industrial land in the southern region


Vietnam-Singapore Industrial Park in southern Bình Duong Province. — VNA/VNS

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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Gas Malaysia positioned for earnings recovery next year
Impact Capital Holdings launches IPO prospectus
Coastal Contracts’ profit to ramp up from Mexico projects
TNB issues RM4.8bil sukuk
Robust prices propel 3Q26 outlook for plantation players
PGF Capital braces for higher costs in second half
CPE to buy RM14.5mil Johor properties
Solid contract wins fuel Gamuda’s prospects
IOI Corp poised for higher quarterly profit
Eco-Shop revenue surges to RM793.68mil in 1Q27

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read