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Worker in southern Vietnam's industrial park contracts coronavirus

Worker in southern Vietnam's industrial park contracts coronavirus
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Spikes in rent scaring away industrial zone tenants

Spikes in rent scaring away industrial zone tenants
09:00 | 07/01/2021
The supply of industrial land and real estate has so far not kept up with the ever-rising demand from manufacturers and investors, leading to price hikes like never before.
The demand for land, factories, and warehouses surged, causing rents in industrial zones to rise even further, photo Le Toan
The current rapid and high rise in rents at industrial parks and factories is creating great pressure on manufacturers and may deter investors who are looking for profitable properties to realise their projects.
A representative of one company said the high rent increases are significantly impacting the manufacturing system. ....

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