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A Number Of Silicone Rubber Enterprises Have Set Up Offices In Vietnam

Oct 09, 2020

In Vietnam's economic can rapid recovery of the important reasons is the rapid cross-border capital inflows, besides is known as the "world factory" in our country, Vietnam is also a small "world factory", because of the cheap labor to attract a lot of foreign investment in local factory, in the first half of the year has a lot of enterprises from other countries, with haste into Vietnam, provided the impetus for Vietnam's economy development, it is Vietnam can in June this year the biggest reasons for the economic recovery, with big Vietnam economic policy loosening, so only contributed to Vietnam's GDP is one of the fastest growing around the world.Data show that Vietnam's real estate development growth is remarkable, the future can be expected, this year a number of domestic construction silicone rubber brand enterprises into Vietnam to set up marketing offices, to explore the Southeast Asian market.

Xiefu Industrial Zone, Vietnam

Vietnam Customs Online reported on October 6, according to the Vietnam Real Estate Website (Batdongsan.com.vn) on October 6, the real estate market in Vietnam in the third quarter of 2020 is facing difficulties due to the second coVID-19 outbreak in late July and early August.


Most types of real estate markets are negatively affected by the COVID-19 epidemic, but industrial real estate is expected to be a bright spot this year and in 2021, according to VietnamReal Estate Network.As of the first half of this year, Vietnam had established 336 industrial zones and 261 industrial parks operating on 29,100 hectares of land, according to the Ministry of Planning and Investment.


Searches for industrial zones increased in the third quarter of 2020, according to Vietnam Real Estate Network.Specifically, the search volume of Beining VSIP Industrial Park increased by 22% year-on-year, Xinping Industrial Park by 20% year-on-year, Xiefu Industrial Park by 23% year-on-year, and newly built industrial park by 37% year-on-year.

New industrial zone in Vietnam

Land near the Cishan and Anfeng (Bac Ning province) industrial zones rose by 1% a quarter;Land prices in the vicinity of Pingyang (Aon, Shunan) have increased significantly every year.In the past year, industrial land rents have increased by 10-20 per cent, led by areas west of Hanoi, where they have generally risen by 10-20 per cent, including areas with good location and easy access.