In recent years, Vietnam has emerged as a primary destination for manufacturing investments, surpassing other countries in the ASEAN region in attractiveness. The main reasons for this include political stability, sustainable economic growth, an abundant and relatively inexpensive workforce, a large market, increasing per capita income, active participation in international FTAs, competitive incentives, and its strategic location at the center of Southeast Asia. In the post-Covid-19 era, Vietnam was among the first countries to achieve supply chain diversification.

As of early 2023, there are approximately 563 industrial zones across Vietnam, including many new and modern industrial parks. These industrial zones boast excellent infrastructure, government support services, and attractive tax incentives for businesses. The occupancy rate in national industrial zones is on the rise. Rental rates have increased by approximately 10% compared to the previous period, averaging $100-120 per square meter per lease term, and land rents are gradually rising due to increased demand. Therefore, if you are planning to invest in Vietnam, it is advisable for businesses to establish their presence early to secure the most attractive locations and prices.

The Southeast-Asia Impact Alliance operates more than 40 cooperative industrial zones in Vietnam, providing your company with rapid and efficient support in finding the ideal entry point into the Vietnamese market that best suits your conditions.