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Global Investors Double Down on Vietnam’s Industrial Parks
After a brief slowdown in Q2/2025, foreign investors are once again ramping up activity across Vietnam’s industrial parks. IDICO Corporation JSC reported an increase in site visits, particularly from Chinese tenants exploring cooperation and investment opportunities. Meanwhile, Kinh Bac City Development noted that many global high-tech manufacturers that had taken a “wait-and-see” stance earlier in the year have resumed negotiations and signed new MOUs in Q3/2025, expanding their manufacturing bases in northern Vietnam. Both developers expect leasing momentum to continue strengthening as investor engagement continues to deepen.
The rebound is most evident in the surge of demand for Ready-Built Factories (RBFs), which offer faster setup, lower upfront investment, and greater flexibility. In the first nine months of 2025, RBF net absorption in the North, Vietnam’s high-tech manufacturing hub, up over 68% y/y, reflecting strong leasing activity. These facilities have become the preferred choice for global manufacturers seeking to accelerate localization and enhance supply chain resilience ahead of potential tariff enforcement.
IP developers are also expediting land handovers and reporting higher leasing revenues, while new factory construction is advancing across consumer goods, textiles, and leisure products. These developments largely contributed to solid FDI disbursements in Q3/2025, which reached USD7.1 bn (+9.0% y/y), lifting total disbursements in the first nine months to USD18.8 bn (+8.5% y/y). Together, these trends signaling sustained confidence in Vietnam’s manufacturing ecosystem.
Among the latest highlights:
- Intel has unveiled plans to expand its operations in Vietnam — a move that carries strategic significance, given that the U.S. government owns a 10% stake in the firm.
- Thailand’s Amata plans a US $180 million smart industrial park in Ho Chi Minh City.
- Singapore-backed VSIP has proposed a new industrial park in Khanh Hoa, expanding its footprint to central Vietnam.
These results reinforce a clear message: Vietnam’s FDI is accelerating, supported by both regional and global players betting on long-term growth.
