Revamping IZ management to meet investment appetite

Revamping IZ management to meet investment appetite

Investors are calling for significant improvements to the operations of management boards of Vietnamese industrial zones to accelerate administrative procedures and better meet the tremendous appetite for investment.
WHA Group targets Thanh Hoa province for two new IZs

WHA Group targets Thanh Hoa province for two new IZs

Thailand-based WHA Group, a specialist developer of logistics facilities and industrial estates, sits in good stead for a strong 2021 after plans moved ahead for the launch of two new industrial zones in the north-central province of Thanh Hoa.
120,000 workers in Bac Giang province slated to return in November

120,000 workers in Bac Giang province slated to return in November

More than 30,000 workers will be back to work by the end of July, and 120,000 workers by the end of the year in the four industrial zones in Bac Giang province.
City workers prepare for all eventualities

City workers prepare for all eventualities

Ho Chi Minh City is placing top priority on zoning and tracing COVID-19 infections at industrial zones in order to prevent large-scale infections and disruptions to manufacturing.
Nationwide momentum seen in land price and rental rates

Nationwide momentum seen in land price and rental rates

Despite external factors,  industrial real estate in Vietnam still recorded good transactions in the first four months of the year. Paul Fisher, country head in Vietnam for JLL, shares his assessment on the potential of the industrial property sector in attracting large-scale foreign manufacturers.
Localities step up in pandemic battle

Localities step up in pandemic battle

The last few weeks have seen somewhat of a resurgence of COVID-19 outbreaks up and down the country, which as of last Friday was seemingly under general control as new cases were being confined to locked-down areas.
Bac Giang province climbs up the ladder

Bac Giang province climbs up the ladder

With its great potential for sustainable growth, the northern province of Bac Giang is carrying out master planning focused on development of industrial zones and services sectors as key drivers to attract more funding. However, some more details would need to be clarified in the new arrangement.
Higher development standards to perpetuate investor interest

Higher development standards to perpetuate investor interest

Despite a range of newly-established industrial zones being added to the market, many others have been delayed for a long time and are at the verge of being revoked due to the weakness of their developers.
Workers in industrial zones face dual challenges amid pandemic

Workers in industrial zones face dual challenges amid pandemic

Workers, especially in industrial zones, are encountering dual challenges amid the COVID-19 pandemic: keeping their job in uncertain times while continuing to demand that their rights and entitlements remain protected, the deputy head of Cooperation at the EU Delegation to Vietnam said.
Land rental rise in industrial property

Land rental rise in industrial property

The increasing demand and the drying up of land banks in industrial zones has bumped up rental prices in first-tier property markets in Vietnam.
WHA’s Nghe An IZ opens to global investment shifts

WHA’s Nghe An IZ opens to global investment shifts

Vietnam is proactively building nests, including developing industrial zones, to attract “eagles” and “sparrows” – investors of every scale who are planning to relocate facilities to Vietnam to enjoy the benefits of the EU-Vietnam Free Trade Agreement as well as those moving factories out of China.
Manufacturers’ work cut out to locate suitable industrial plots

Manufacturers’ work cut out to locate suitable industrial plots

Vietnam has reaffirmed its position as a favourable destination for manufacturing relocation trends but increasing demand and limited supply of manufacturers is pushing rents higher in industrial zones, forcing tenants to seek alternative solutions.
Industry battles to balance budgets

Industry battles to balance budgets

New COVID-19 infections are hitting densely-populated industrial zones in Vietnam, causing unpredictability for millions of workers and forcing businesses to scramble to offer support.
Foreign company proposes to be allowed to buy social housing units for workers

Foreign company proposes to be allowed to buy social housing units for workers

Hon Hai Technology Group (Foxconn) has proposed the Government to allow enterprises in industrial zones (IZs) to purchase or lease-purchase social housing units for their workers.
Developing industrial infrastructure critical to catching FDI flow: Confab

Developing industrial infrastructure critical to catching FDI flow: Confab

Vietnam needs to focus on developing the infrastructure system of industrial zones (IZs) to draw clean and quality foreign direct investment (FDI) in the context of the global production shift, heard a conference on June 19 in Hanoi.
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