Industrial park infrastructure development companies continue to do well amid the COVID-19 pandemic, and the industrial property sector is expected to thrive since Vietnam is considered among the most attractive investment destinations post-pandemic.
An industry park in Ba Ria-Vung Tau province. Industrial park infrastructure development companies have not been affected much by the COVID-19 outbreak (Photo: cafef.vn)
HCMCity (VNS/VNA) - Industrial park infra🙈structure development companiescontinue to do well amid the COVID-19 pandemic, and the industrial propertysector is expected to thrive since Vietnam is considered among the mostattractive investment destinations p☂ost-pandemic.
SonadeziCorporation, whose main businesses include industrial park infrastructuredevelopment and leasing, reported net revenues of 1.078 trillion VND (46.5million USD) and net profit after tax of nearly 271 billion VND (11.7 millionUSD) in the first quarter of the year, a year-on-year increase of 11 percentand 51 percent. Industrialpark leasing accounted for the largest proportion of revenues – of over 27percent -- with 293 billion VND (12.6 million USD), a year-on-year increase of66 percent. LongHau Corporation, which owns Long Hau Industrial Park in Long An, also reportedan increase in both revenues and profits in the first quarter. Netrevenue was 206.4 billion VND (8.9 million USD), up 19.7 percent year-on-year,and gross profit was more than 93.6 billion VND (4.02 million USD), up 20.6 percent. Revenuesfrom infrastructure rent grew by 21 percent to nearly 159 billion VND, or 77percent of total revenues, while those from leasing factories and accommodation increased by over 22 percent to nearly28 billion VND. Profitafter tax was 63.1 billion VND (2.7 million USD), an increase of more than 15percent year-on-year. Accordingto real estate consultancy Jones Lang LaSalle, though the pandemic could causea delay in decisions following lease negotiations, the fundamentals of themarket remain strong and would recover after the epidemic subsides. Itsaid companies looking to diversify their manufacturing portfolio outside Chinaare attracted to Vietnam thanks to its proximity to the former. "Industrialpark developers remain confident that demand for land will continue to grow andtherefore land prices are expected to increase in line with the long-termpotential of Vietnam’s industrial segment," Stephen Wyatt, country headof JLL Vietnam, said. Vietnam'sindustrial land prices rose by 12 percent year-on-year in Q1 as the shift outof China by manufacturing facilities continued. Theyrose by 6.5 percent in the north to 99 USD per square metre and by 12.2 percentin the south to 101 USD. Ready-builtfactories costing 3.5-5 USD per square meter per month are favoured bybusinesses as indicated by the high occupancy rates, according to the report./.
A number of new industrial zones (IZs) will be established in the northern port city of Hai Phong in the near future, said head of the provincial management board of economic zones Pham Van Moi.
Despite the impact of the COVID-19 pandemic in the first quarter, construction businesses still firmly believe bright growth lies ahead for the rest of the year.
Foreign investors are planning to expand their operations in Vietnam this year, creating an opportunity for industrial property development despite the COVID-19 pandemic, according to experts.
The Da Nang Hi-Tech Park and Industrial Zones Authority (DHPIZA) has offered bidding documents for preliminary selection of investors for infrastructure development of three industrial zones in 2020-2023.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
An industry park in Ba Ria-Vung Tau province. Industrial park infrastructure development companies have not been affected much by the COVID-19 outbreak (Photo: cafef.vn) 
