Quickly identifying and capturing opportunities in a potential market like Vietnam, WHA Group is accelerating its expansion in different fields in addition to industrial zone developments.
More competitive land cost as well as lower occupancy rate are making emerging industrial areas in surrounding provinces become more attractive to investors and developers.
The Tokyo-based multifaceted company seeks to expand two of its three industrial parks in the country, to cater to the industrial growth and expansion of many FDI companies in the country.
Korea Land & Housing Corporation (LH) and Vietnam’s TDH Ecoland will be conducting feasibility study for a project on setting up a green industrial park (IP) in Hung Yen province.
As competition to attract foreign investment between provinces is getting tougher, false information given has become a scorching issue hurting investors who are looking to invest in these destinations.
Investors are moving beyond residential market to venture into tourism and industrial real estate.
Deputy Prime Minister Trinh Dinh Dung has recently approved a plan to revive an industrial park project in Hai Duong province, which had been abandoned by Taiwanese investors for nearly a decade.
While leading investors in the world are looking to industrial hot spots such as Dong Nai and Quang Ninh, Thailand based WHA Industrial Development Group chose Nghe An province, the northern central area of Vietnam, as its first overseas destination.
Da Nang City People's Committee has just granted the investment certificate to Long Hau Joint-Stock Company to build the first factory complex for lease on an area of 29.6ha in Da Nang Hi-tech Park.
Ho Chi Minh City plans to open a new industrial park with the total area of about 26,000ha in 2018; however, many enterprises are concerned that the city will repeat the same mistakes if the city does not take it into consideration.
