Southern Vietnam industrial real estate maintains stable growth

The industrial real estate market in Southern Vietnam is maintaining a stable foundation with positive occupancy rates, despite differentiation across various segments. According to a Cushman & Wakefield report for Q2 2026, industrial land supply and ready-built warehouses remain steady, while ready-built factories saw a slight increase of 0.8% quarterly and 4.6% annually, primarily in Tay Ninh.

Occupancy rates remain stable across three main segments: 76.3% for industrial land, 92% for factories, and 91.7% for ready-built warehouses. Ho Chi Minh City retains an advantage due to its location, Dong Nai benefits from logistics infrastructure, and Tay Ninh is emerging as a competitive option due to abundant land and lower costs.

Experts suggest the market is entering a restructuring phase where different regions fulfill specific roles in the supply chain. Over the next two to three years, strategic infrastructure projects, including Long Thanh Airport, Ring Road 3, and the Dong Nai - Ho Chi Minh City waterway corridor, are expected to further improve regional connectivity.