Bac Giang industrial parks – Bright spot in investment attraction

Bac Giang is located in the Northeast region of Viet Nam, about 50 kilometers to the east of Hanoi, 110 km from Huu Nghi Quan border gate (the largest border gate between Vietnam and China);...

January 18, 2021

Foxconn unit receives business license for $270 mln Vietnam plant

The FuKang Technology Company, a Foxconn unit, received a business license Monday to build a plant to produce laptops and tablets in northern Vietnam. The plant will be located in the Quang Chau Industrial Park...

January 14, 2021

HSBC expects 7.6 pct surge in Vietnam GDP

Vietnam will grow at 7.6 percent this year, driven by newly signed free trade deals and rising foreign investment, HSBC has forecast. According to the latest HSBC Global Research, inflation will be capped at 3.3...

January 7, 2021

Spikes in rent scaring away industrial zone tenants

The supply of industrial land and real estate has so far not kept up with the ever-rising demand from manufacturers and investors, leading to price hikes like never before. The current rapid and high rise...

December 28, 2020

WHA plans to develop 2 industrial zones in Thanh Hoa province

The two projects represent a total gross area of nearly 1,200 hectares. Their construction is scheduled in 2022 and 2023, following WHA’s 3,200ha industrial zone located in Nghe An province. WHA Industrial Development Plc., a...

November 18, 2020

Foxconn to pour $270 mln into Vietnam expansion

Taiwanese electronics manufacturer Foxconn plans to expand production in Vietnam with a $270 million investment focused on display production. Foxconn, which already has plants in northern Vietnam, will soon establish a new local company in...

November 4, 2020

Logistics market sees rash of acquisitions, foreign investors keen

The logistics real estate segment saw a number of mergers and acquisitions in the first nine months with a number of major foreign players involved in them. “Some of the world’s most renowned logistics developers...

October 31, 2020

Industrial estate rents surge in HCMC, Hanoi

Third quarter industrial land rents in Ho Chi Minh City and Hanoi have surged two and 1.7 times year-on-year, respectively. This is higher than the 20-30 percent average growth seen in other localities in southern...

October 29, 2020

French-funded Metro Line 3 to start operations in 2021

The first train made by Alstom Valenciennes in France for Metro Line 3 has arrived in Vietnam after a journey of over one month, enabling the project to be put into operation in 2021. This...

October 28, 2020

A robust and stable base for industrial property growth

The region’s industrial property market is witnessing one of the hottest periods ever. Paul Tonkes, Cushman & Wakefield’s director of logistics and industrial services, shares his assessment of the potential and how capital flow will...

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