Industrialbiz is a page serving investors all around the world getting access to the investment environment of Vietnam and connect business opportunities among suppliers, manufacturers and traders not only in Vietnam, but around the world. In case of a plan beared in mind, you will think about choosing industrial property for lease, especially for long-term investment. This is considered suitable time to invest to Vietnam when much more opportunities coming in 2021.
Overview of Vietnam's FDI flow
Vietnam's FDI inflows in 2018 amounted to USD 15.50 billion, an increase from the previous year (USD 14.10 billion in 2017), whereas total FDI stock reached USD 145 billion in 2018, according to the UNCTAD's 2019 World Investment Report. Traditionally directed towards light industry, FDI inflows quickly turn towards heavy industry, real estate (including industrial real estate) and tourism. Inflows are expected to continue, confirming the country's position as one of the most attractive country in terms of FDI in Asia. The main investor countries were Japan, South Korea and Singapore, with the manufacturing and processing sectors attracting the most FDI followed by real estate and professional activities/science/technology (Trading Economics). According to preliminary data from the Vietnamese government, pledged FDI reached a ten-year high of USD 38 billion in 2019. The country's Foreign Investment Agency expects Vietnam to attract international investors deterring or reviewing their projects in China amid growing epidemic disease concerns. Vietnam was ranked 70th out of 190 countries by the World Bank's 2020 Doing Business Report, having fallen one spot on the year. This was despite the country making some progress on the ease of doing business, particularly with regards to paying taxes. Vietnam expects disbursed foreign direct investment to continue to rise as the government steps up efforts to attract factories into the country. The Ministry of Planning and Investment aims to draw more FDI into areas including export-oriented, energy and high-technology by building a more business-friendly environment through industrial zones nationwide, especially in the North and South of Vietnam.
Industrial property for lease in Vietnam
Our products offered to investors now include industrial land for lease and standard factory for lease in our industrial parks and our partner industrial parks too. We have a source of industrial property for lease that can make more choices for your plan in Vietnam. Under are some factory models that we are leasing to investors in Ho Chi Minh, Dong Nai, Tay Ninh, Binh Duong province etc.
Moreover, investors can choose industrial zones in Vietnam for projects set-up and development. We can offer you many industrial parks that are credited for your demand of leasing industrial land. With industrial land, investors can make your manufacturing plan in Vietnam up to 50 years. Pursuant to Decree No.01/2017/NĐ-CP dated January 06th, 2017 of Vietnamese Government about Land in industrial zones, export processing zones, industrial clusters, craft villages, it is regulated as follows:
"The land use term in industrial parks, export processing zones, industrial clusters or craft villages is according to the investment project term. In case the duration of an investment project is longer than the remaining land use term of an industrial park, export processing zone, industrial cluster or trade village, the enterprise shall invest in the construction and commercial operation of infrastructure of the industrial park. Export processing zones, industrial area and trade villages must seek permission from competent state agencies to adjust the land use term accordingly, but the total land use term does not exceed 70 years and must pay land use fees. or the land rent for the extended land area.
When making detailed plannings on construction of industrial parks, export processing zones and industrial clusters, the People's Committees of provinces shall base themselves on the current state of local residential areas and housing needs of employees working in industrial parks, export processing zones, industrial clusters, to arrange land funds outside industrial parks, export processing zones and industrial clusters in accordance with land use plannings and plans to build apartment buildings and public parks. cultural, social and service process to serve the life of the employee."