The Hanoitimes – Geographic location, policies and incentives in drawing foreign capital inflows have formed robust status for Vietnam`s industrial real estate. Haiphong – city of heated industrial property Northern industrial real estate benefits from manufacturing growth FDI boosts Vietnam’s industrial real estate in 2018 Both domestic and foreign real estate experts have predicted that industrial property would be the most attractive segment in Vietnam in 2019 and the years to come thanks to a number of factors, mostly the government’s preferential policies. Facilities in an industrial park. Illustrative photo Vietnam has appeared to be one of the best choices for multinational corporations that want to shift their localities in the global transition, Nguyen Tran Nam, head of the Vietnam National Real Estate Association (VNREA), said at the Vietnam Industrial Property Forum 2019 held in Hanoi on April 23. With a strong belief in the prospect of the industrial property market, Nam pointed out five reasons as follows. First, Vietnam’s investment environment has been much improved following to the signing of many free trade agreements (FTAs), totaling 16 up to date. This active opening-up results in increasing foreign direct investment (FDI) that spurs the growth of industrial and logistics… Read full this story
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