Of the 468 newly registered manufacturing FDI projects nationwide, 266 are factory projects, representing nearly 57% of the total, according to market research firm JLL.

JLL forecasts that Vietnam’s industrial real estate market will maintain its positive momentum over the next 12 to 24 months, supported by high-quality FDI inflows, the ongoing shift of manufacturing activities in the region, and major infrastructure projects underway.

JLL noted that Vietnam’s competitive advantages in Southeast Asia are its strategic location and attractive investment policies. The country is also strengthening the capacity and productivity of its workforce through training and skills development programs, aiming to attract advanced, high-value-added manufacturing industries.