Investment in Ho Chi Minh City’s industrial parks and processing zones have risen by nearly 23 percent year-on-year so far this year to 236.1 million USD.
Workshops sharing experience in social housing development of the Republic of Korea (RoK) and policy improvements in Vietnam will be held in major cities of HCM City, Da Nang and Hanoi in the coming time, according to the Ministry of Construction (MoC).
Becoming a centrally governed city in 1997, after 24 years, Da Nang has strongly developed, becoming a central hub of central Vietnam. The city has also strived to become one of Asia’s metropolises in the near future.
The industrial market is the only real estate sector that has enjoyed positive progress in both rental rates and occupancy rates during the COVID-19 pandemic.
Multinationals are looking to set up their bases in Vietnam despite various challenges that the country poses as a manufacturing destination, according to the Financial Times in the UK.
The northern coastal province of Quang Ninh has set a goal to have modern industry and service sectors and become one of the region’s comprehensive and dynamic development hubs by 2025.