As of June 2020, the country has 336 industrial zones with a total area of about 97,800 hectares. In which, 261 industrial zones are in operation and the remaining 75 are in the process of site clearance and construction begins. Occupancy rate reached 76% of the total operating industrial parks nationwide.
Based on data from Focus Economics, Vietnam’s index of industrial production (IIP) saw output in June 2020 increase 7.0% year-on-year, mainly due to a recovery in production. commodity export and electricity generation. In term of production and industry is estimated to grow 2.71% in 2020 (and is expected to grow 9.2% by 2021) showing modest but promising growth in this sector.
In addition, the Purchasing Power Management Index (PMI) also soared to 51.1 points in June 2020, with 42.7 points in May, marking the first growth above the 50 point threshold. from January after the Government’s success in containment and pandemic containment.
According to Savills Vietnam, this recovery is attributed to a strong increase in new orders, along with active buying and the highest increase in pre-production inventories since. November 2018.
In June 2020, the country had 336 industrial zones with a total area of about 97,800 hectares. In which, 261 industrial zones are in operation and the remaining 75 are in the process of site clearance and construction begins. Occupancy rate reached 76% of the total operating industrial parks nationwide.
Mr. John Campbell, Head of Industrial Real Estate, Savills Vietnam, said that with demand continuing to exceed supply, there is a need to increase the number of supplies in key industrial areas. point. The occupancy in key regions in the South such as Binh Duong, Dong Nai, Long An, and the North such as Bac Ninh, Hung Yen, Hai Phong has increased significantly since 2018 “.
“Most leasing transactions in the first half of 2020 originate from projects and negotiations have been going on since last year. Meanwhile, many leases are made by companies already present at the site. Vietnam is looking to expand production, and policies to restrict movement between countries have affected the need to enter the market, delaying site surveys of major international investors, making the number of leases signed with domestic developers plummeting, “said Mr Campbell.
While nothing can guarantee the next year’s goodness, it can be certain that the Vietnamese industry is dependent on supply chain shifts away from China, and many tenants are preparing resources. to capture and respond to upcoming opportunities as soon as barriers are lifted.
According to Tri Thuc Tre
