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Vietnam Industrial Real Estate Market
 
VIETNAM INDUSTRIAL

 

REAL ESTATE MARKET

HOW THE MARKET BENEFITS FROM GROWTH OF VIETNAM AUTOMOBILE INDUSTRY 

 

The consumer demand for automobiles in Vietnam is driven by favorable macro-economic conditions such as high and stable GDP growth rate, growing income level and thus emerging middle and affluent class, as well as rapid improvements in infrastructure. To tap on this, Vietnam’s biggest conglomerate has just joined the automobile manufacturing business with great ambitions. Recent policy changes in the automobile industry have raised strong demand for expansion from local and overseas automobile manufacturers and assemblers. As a result, industrial real estate developers are now in a very good time to exploit benefits from the emergence of this industry.

 
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