Research

Vietnam North Industrial Market Dynamics Q4 2024

Summary and analysis of Vietnam North's current industrial real estate market conditions.

March 13, 2025
Contributors:
  • Trang Le
  • Positive net absorption thanks to year-end effect and improvement of demand from manufacturer and 3PL tenants.

  • The market welcomes a new project in Bac Ninh province.

  • The average asking rent shows a slight uptick, driven mainly by prices at new projects.

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