Finding a Suitable Industrial for Rent in Vietnam: Top 10 Evolving Trends in 2024 - 2025

In the bustling landscape of Vietnam’s industrial sector, the future promises intriguing shifts in the market for industrial rentals. As businesses adapt to evolving economic landscapes, the demand for flexible and scalable industrial spaces continues to rise. Tenants seeking opportunities in industrial for rent in Vietnam are poised to navigate a dynamic market shaped by technological advancements and sustainable practices.

This blog explores pivotal trends such as the rise of sustainable industrial parks and the increasing integration of AI and IoT technologies. Discover how these trends empower businesses to optimize operations and foster growth in Vietnam’s vibrant industrial rental market.

Technological Advancements in Manufacturing

1. Application of Automation and Robotics in Industrial for Rent in Vietnam

Tenants seeking industrial for rent in Vietnam are increasingly prioritizing facilities equipped with advanced automation and robotics. These technologies streamline operations, enhance precision, and reduce labor costs. For businesses, renting such industrial properties ensures staying competitive and meeting global standards.

Incorporating automation and robotics in industrial properties for rent in Vietnam also improves production efficiency. Tenants benefit from faster turnaround times and reduced errors, leading to higher productivity. This technological edge is vital for industries aiming to scale up quickly.

Furthermore, industrial for rent in Vietnam with advanced technologies attract high-caliber talent. Skilled professionals are drawn to modern facilities, fostering innovation and operational excellence. Tenants can leverage this trend to build a robust and dynamic workforce.

Industrial for rent in Vietnam that integrate automation and robotics support sustainable practices. Efficient energy use and waste reduction are key advantages. For tenants, this means not only lower operational costs but also contributing to environmental sustainability.

2. IoT and Smart Facilities Available in Industrial for Rent in Vietnam

Industrial properties in Vietnam are increasingly integrating IoT and smart facilities, offering tenants state-of-the-art infrastructure. These smart facilities enable real-time monitoring and management of production processes, providing valuable data insights. Tenants renting industrial for rent in Vietnam can use this technology to optimize their operations, improve safety, and minimize downtime.

The availability of IoT-equipped industrial properties for rent in Vietnam ensures tenants have access to the latest innovations. Smart facilities support predictive maintenance, energy management, and resource optimization, making them attractive to forward-thinking businesses. By choosing industrial for lease in Vietnam with these features, tenants can stay ahead in a rapidly evolving market.

Tenants seeking industrial for rent in Vietnam will find that technological advancements and smart facilities are key benefits. These developments enhance efficiency, safety, and operational performance, making Vietnam an ideal location for modern industrial needs.

Sustainability Practices Availability in Industrial for Rent in Vietnam

1. Commonly Used Green Building Certifications in Vietnam

What is Green Building Certification?

Green building certification rigorously evaluates a building’s design, construction, and operations against specific environmental sustainability criteria.

These certifications recognize structures that meet benchmarks in sustainability, energy efficiency, and resource conservation. They rely on standards and guidelines developed by various organizations.

Buildings are recognized for adhering to sustainability principles in design, construction, and operation. A rating reflecting their environmental impact is awarded. This process encourages sustainable construction methods and supports the development of a healthier, more sustainable built environment.

This rigorous process promotes environmentally conscious practices, shaping a greener and more resilient built environment.

LEED (Leadership in Energy and Environmental Design)

Leadership in Energy and Environmental Design (LEED) is a green building certification program by the U.S. Green Building Council (USGBC) that promotes eco-friendly building practices. It helps property owners and managers create high-performance, environmentally conscious, and health-promoting structures.

The LEED certification process uses a point system to evaluate a building’s ecological impact in areas such as energy efficiency, water conservation, material selection, indoor air quality, and sustainable site development. Buildings can achieve different levels of LEED certification based on specific criteria: Certified, Silver, Gold, or Platinum.

LOTUS (Leadership in Energy and Environmental Design – Local Operation Unit)

LOTUS, developed by the Vietnam Green Building Council (VGBC), is an environmental certification tailored to Vietnam’s unique climate and construction methods. This green building standard evaluates energy efficiency, water conservation, indoor air quality, and the use of eco-friendly materials.

Inspired by the global Leadership in Energy and Environmental Design (LEED) initiative, LOTUS aims to promote sustainable development in Vietnam, minimizing the environmental impact of buildings.

EDGE (Excellence in Design for Greater Efficiencies)

EDGE, developed by the International Finance Corporation (IFC), a member of the World Bank Group, is a leading green building certification system. It promotes sustainable design and construction by assessing a building’s resource efficiency.

The certification evaluates three main aspects: energy, water, and materials. To achieve EDGE certification, a building must achieve at least 20% resource savings compared to a standard reference building.

An online software tool supports the certification process by providing tailored design recommendations to help buildings meet the certification standards.

Green Mark Certification

Launched in January 2005, Green Mark certification pioneers a green building rating system. It evaluates a structure’s environmental footprint and operational efficiency, promoting sustainable design principles and best practices in construction and operation.

This certification applies to developers, building owners, and governmental entities, covering various structures like new and existing buildings, districts, parks, infrastructure, and interiors.

Criteria include climatically responsive design, energy efficiency, resource stewardship, intelligent and health-centric structures, and support for green initiatives.

2. Energy Efficiency Initiatives Availability in Industrial for Rent in Vietnam

Tenants looking at industrial for rent in Vietnam are increasingly prioritizing energy efficiency initiatives. This trend reflects a growing awareness of sustainability and cost-saving measures among businesses. Many industrial properties now offer upgraded infrastructure, including energy-efficient lighting, HVAC systems, and insulation. These features not only reduce operational costs but also align with global environmental standards.

Additionally, landlords are incorporating renewable energy options into their offerings. Tenants seeking industrial for rent in Vietnam can now find properties equipped with solar panels or energy-efficient appliances, further enhancing their sustainability credentials. Such initiatives appeal to tenants aiming to lower their carbon footprint and comply with regulatory requirements.

The availability of energy efficiency initiatives in industrial for lease in Vietnam is becoming a significant factor for prospective tenants. Beyond cost savings, these initiatives support corporate sustainability goals and enhance operational efficiency. As businesses continue to prioritize environmental responsibility, industrial properties that integrate energy-efficient solutions will remain highly sought after in the rental market.

Shifts in Global Supply Chains

1. Diversification Supply Chain & Manufacturing Hub from China

Vietnam is poised to become a pivotal industrial rental market in Asia. With the global shift towards diversifying supply chains away from China, businesses are increasingly looking towards industrial for rent in Vietnam. This trend is driven by Vietnam’s strategic location, favorable business environment, and competitive operational costs.

Companies see Vietnam not only as a cost-effective alternative but also as a reliable manufacturing hub capable of supporting complex supply chain needs. This shift underscores Vietnam’s growing importance in global manufacturing networks, positioning it as a key player in the region’s industrial landscape.

As businesses continue to seek flexibility and efficiency, the demand for industrial for rent in Vietnam is expected to rise, further solidifying its role in the evolving global economy.

2. Reshoring and Nearshoring Trends

As the industrial landscape in Vietnam evolves, the trend of reshoring and nearshoring is gaining momentum. This shift is driven by a growing preference among businesses to locate production facilities closer to their primary markets.

Companies are increasingly opting for industrial properties for rent in Vietnam, attracted by its strategic location and improving infrastructure. This trend not only reduces supply chain risks but also enhances operational efficiency.

By leveraging local resources and skilled labor, businesses can capitalize on cost advantages while remaining agile in responding to market demands. This strategic move aligns with the broader global shift towards localized production, marking a significant evolution in Vietnam’s industrial rental market.

Government Policies and Incentives for the Manufacturing Section

1. Investment in Infrastructure of the Industrial for Rent in Vietnam

The Vietnamese government is actively enhancing infrastructure to bolster the industrial for rent in Vietnam. This strategic move aims to attract more investors and facilitate seamless operations for businesses.

By focusing on infrastructure development, such as transport networks and utilities, the government ensures that industrial zones remain highly accessible and equipped with modern amenities. These efforts are crucial for meeting the diverse needs of manufacturing and logistics companies looking to lease industrial spaces in Vietnam.

Such initiatives also underscore Vietnam’s commitment to creating a conducive environment for industrial growth, thereby solidifying its position as a competitive player in the regional market.

Read more: Electricity Supply Construction in Vietnam in 2024

2. Tax Incentives and Economic Zones

In Vietnam, tenants exploring options in the industrial rental market are increasingly drawn to areas offering tax incentives and located within designated economic zones. These zones are designed to attract foreign investment and stimulate local economic growth. The availability of tax incentives makes industrial for rent in Vietnam within these zones particularly appealing, as businesses can benefit from reduced tax burdens, fostering a more favorable operational environment.

Strategic location within these economic zones not only provides logistical advantages but also enhances market access and connectivity. Businesses leasing industrial spaces in Vietnam’s economic zones can capitalize on proximity to major transportation hubs and streamlined regulatory processes, facilitating efficient operations and distribution networks.

Such zones play a pivotal role in shaping the future landscape of Vietnam’s industrial rental market, offering a conducive environment for growth and expansion. As demand continues to rise, tenants are increasingly prioritizing locations that offer both economic benefits and strategic advantages.

Further insights on tax policies in Vietnam: Tax Incentives for Foreign Enterprises in Vietnam

Increased Demand for E-commerce Warehousing

1. Growth of E-commerce in Vietnam

The industrial rental market in Vietnam is witnessing a notable shift driven by the rapid expansion of e-commerce activities. As more businesses embrace online retail, the need for efficient warehousing solutions has surged. This trend is reshaping the landscape of industrial for rent in Vietnam, with companies seeking strategically located facilities to streamline their logistics and meet consumer demands swiftly.

E-commerce giants and startups alike are vying for industrial for lease in Vietnam that offer proximity to urban centers and efficient transport links. This strategic positioning reduces delivery times and operational costs, crucial factors in the competitive e-commerce environment. The trend underscores a broader evolution in consumer behavior towards online shopping, catalyzing demand for modern, well-equipped warehouses across the country.

In response, developers and investors are focusing on expanding and upgrading existing industrial for rent in Vietnam to meet this escalating demand. This proactive approach ensures that the market remains dynamic and responsive to the evolving needs of e-commerce businesses, positioning Vietnam as a key player in Southeast Asia’s logistics and warehousing sector.

2. Last-Mile Delivery Infrastructure

In the realm of industrial for rent in Vietnam, the evolution of last-mile delivery infrastructure stands as a pivotal trend. As e-commerce booms, businesses seek strategic locations within urban centers. This trend prioritizes proximity to consumers, reducing delivery times and operational costs.

The demand for industrial spaces near city hubs intensifies, fostering a competitive landscape among logistics providers. This shift reflects a strategic move towards optimizing supply chain efficiency amidst rising consumer expectations. Flexibility in leasing terms emerges as a critical factor, accommodating varying operational needs without long-term commitments.

In essence, the development of last-mile delivery infrastructure reshapes the industrial for rent in Vietnam, emphasizing accessibility and operational agility to meet evolving market demands.

Read more:

• 4 Great Benefits to Opt for an Industrial for Rent in Vietnam In 2024
• Avoid 5 Common Mistakes When Choosing a Ready Built Factory for Lease
• Top 7 Reasons Making Investment in Vietnam a Wise Choice

As tenants consider the evolving landscape of industrial for rent in Vietnam, the future promises a dynamic market shaped by innovation and adaptability. With increased demand for sustainable practices and advanced infrastructure, tenants can anticipate a shift towards eco-friendly facilities and smart technologies. The emphasis on flexible lease terms and multifunctional spaces reflects a growing preference for scalable operations and cost efficiency.

As Vietnam’s industrial rental market continues to mature, tenants exploring opportunities are encouraged to leverage these emerging trends to meet their operational needs effectively. Embracing these advancements ensures businesses remain competitive and resilient in an ever-evolving economic environment.

Are you looking for an industrial for rent in Vietnam to expand your business’s operation? Follow CORE5 Vietnam, the leading industrial real estate developer and leasing agent, for further insights.