{"id":2840,"date":"2019-04-25T05:17:09","date_gmt":"2019-04-25T05:17:09","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=2840"},"modified":"2021-06-04T14:21:12","modified_gmt":"2021-06-04T07:21:12","slug":"vietnam-industrial-property-market-to-see-positive-outlook","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/vietnam-industrial-property-market-to-see-positive-outlook\/","title":{"rendered":"Vietnam industrial property market to see positive outlook"},"content":{"rendered":"

The country’s industrial real estate enjoys more growth<\/p>\n

\"\"
Development of real estate in Vietnam. xuanhuongho\/Shutterstock<\/figcaption><\/figure>\n

Vietnam Investment Review<\/a> reports the statement made by Nguyen Tran Nam, chairman of the Vietnam Real Estate Association at the Vietnam Industrial Property Forum 2019 citing that the country\u2019s industrial real estate market continues to create confidence among foreign investors and that it strikes to become one of the most attractive investment destinations in the region for the manufacturing industry.<\/p>\n

The outlook for the\u00a0Vietnamese industrial property market\u00a0is positive due to State policies encouraging more development. \u201cIf investors take advantage of these opportunities, this market will develop,” he said.<\/p>\n

\u201cContributing factors such as low labour costs, reasonable rents and preferential corporate income tax have raised attraction of the domestic industrial real estate market, which is higher than the regional average,\u201d said Nguyen Dinh Cung, CIEM director.<\/p>\n

More: Property experts urge reducing Vietnam social housing loan rates<\/a><\/span><\/p>\n

However, he added that the development in this segment faced a lack of infrastructure connecting industrial zones with other infrastructure. \u201cTo ensure sustainable development and competitiveness in the future there is a need for market forecasting, systematic planning, connectivity and synchronization.\u201d<\/p>\n

Dang Hung Vo, a real estate expert, suggested that there is a need to continue to invest in infrastructure development to retain investors in the long term. This includes highways, deep-sea ports, improving the quality of electricity and water system, and alternative energy systems. In addition, Government should also simplify administrative procedures should also be simplified and connectivity between economic sectors need to be improved to facilitate investors.<\/p>\n","protected":false},"excerpt":{"rendered":"

The country’s industrial real estate enjoys more growth Vietnam Investment Review reports the statement made by Nguyen Tran Nam, chairman of the Vietnam Real Estate Association at the Vietnam Industrial Property Forum 2019 citing that the country\u2019s industrial real estate market continues to create confidence among foreign investors and that it strikes to become one<\/p>\n","protected":false},"author":7,"featured_media":20014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[],"class_list":["post-2840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","news_country-vietnam"],"acf":[],"yoast_head":"\nVietnam industrial property market to see positive outlook | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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