Southeastern Vietnam, comprised of the five provinces of Ho Chi Minh City, Binh Duong, Dong Nai, Ba Ria-Vung Tau, Binh Phuoc and Tay Ninh, continues to be the fastest-growing region in Vietnam—growing about 50% faster than the national average. Much of this growth is driven by industrial FDI investment, with the Southeast accounting for over… Read More
Despite the COVID-19 pandemic, global foreign direct investment into Vietnam increased by US$7.15 billion or 6.7% in the first half of 2021. Vietnam continues to be the go-to destination for low-cost manufacturing investments in Southeast Asia despite its middling ranking on the ease of doing business as measured by the World Bank – 70th out… Read More
Electrical energy consumption has outstripped even Vietnam’s heady economic growth. While the economy has been expanding at a 7% CAGR, electricity consumption has been rising at a rate of over 10% annually in the last five years. This trend is expected to continue in the short- to medium-term as Vietnam continues to absorb record foreign… Read More
Foreign manufacturing investment in Vietnam is preferentially located in industrial real estate zones—areas specifically zoned for industrial property—whose developers have acquired, consolidated, and established clear titles to the land and installed utilities and infrastructure to support manufacturing investments. The great difficulty in obtaining clear title to land in Vietnam, government policies promoting manufacturing clusters and… Read More