Updates on Current Affairs

Vietnam is expected to undergo a transformation in how it builds and operates industrial areas. Truong Gia Bao, vice chairman and secretary general of the Vietnam Industrial Real Estate Association, shared with VIR’s Bich Ngoc his insights on the key development trends shaping Vietnam’s industrial property sector.

Northern Vietnam’s industrial real estate sector is witnessing rapid expansion as it cements its position as a key manufacturing and investment hub. Yet, despite strong growth in new supply, demand continues to surge well beyond available capacity.

A promising urban development project is being developed by Thanh Thanh Cong Industrial Zone (TTC IZ) as the investor and Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land) as the project developer.

Vincom Retail JSC has announced the transfer of its entire capital contribution in Vincom NCT Real Estate Co., Ltd., the owner of Vincom Centre Nguyen Chi Thanh, to Bao Quan Investment, Trading, and Services Co., Ltd.

In the first nine months of 2025, Vietnam saw the establishment of over 4,000 real estate businesses, marking an 18.7% year on year increase. The total registered capital reached over VND334 trillion ($13.1 billion), a 60.5% increase compared to the same period last year.

Vietnam is planning to establish state managed real estate trading centers to increase transparency and curb speculation and price manipulation.