Data from consulting firms and regulatory agencies shows that the supply of industrial park land continues to be supplemented. At the same time, many infrastructure developers and institutional investors have made new moves in recent weeks.
Industrial park land supply in the North
According to the Q2/2026 MarketBeat report by Cushman & Wakefield, the cumulative industrial park land bank in the North has exceeded 25,200 ha. This figure represents an increase of 0.4% compared to the previous quarter and 15.7% year-on-year.
In the first half of the year, the market added over 1,200 ha of new supply from six industrial parks that commenced construction in Hai Phong, Bac Ninh, and Ninh Binh. The average occupancy rate in the second quarter reached 64%, a decrease of 2.7 percentage points compared to the same period last year.
Regarding the cumulative supply structure, Hai Phong accounts for approximately 26%, Bac Ninh 21%, and Hung Yen and Ninh Binh each account for about 13%. This firm expects that in the 2026–2028 period, there will be an additional 7,200 ha of industrial park land from projects currently under development.
Ready-built factory rental prices
According to JLL Vietnam, the asking rent for ready-built factories in the key Northern market is 5.3 USD/m²/month. The asking rent for warehouses is 4.5 USD/m²/month.
Attracting investment into Ho Chi Minh City industrial parks
The Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) stated that investment capital into these zones in the first 9 months reached over 5.57 billion USD. This result is approximately 131% of the annual plan. Of this, FDI capital reached over 4.27 billion USD, an increase of 62.2% over the same period (according to VnEconomy).
Activities of infrastructure developers and investors
According to Vietnam Investment Review (VIR), Stavian Industrial Park is expanding its industrial park system. The company's goal is a land bank of approximately 5,000 ha before 2030.
On October 2, LŌ-GOI Group announced the establishment of a new joint venture in the logistics and industrial real estate sector. The partners of the joint venture are three institutional investors from Asia.
On October 8, more than 80 representatives from financial institutions, business associations, and investment groups surveyed Thanh Thanh Cong Industrial Park. The survey covered production infrastructure, energy systems, and the park's environmental facilities (VIR).
Vietnam Industrial Real Estate Forum 2026
The sixth Vietnam Industrial Real Estate Forum (VIPF) took place at the end of September in Ho Chi Minh City. The event was organized by Vietnam Investment Review (VIR) in coordination with the Vietnam Industrial Real Estate Association.
Within the framework of the forum, the Green Future Awards 2026 honored 16 enterprises and one organization for their contributions to the industrial real estate market.
Assessment from consulting firms
JLL assesses that the Vietnamese industrial real estate market may continue to perform positively over the next 12–24 months. Factors mentioned include high-quality FDI capital flows, the trend of regional production shifts, and key infrastructure projects.
Source compilation: Cushman & Wakefield Vietnam; JLL Vietnam (via Agriculture and Environment, Monetary and Financial Market); HEPZA (via VnEconomy); Vietnam Investment Review (VIR).
