Summary and analysis of Vietnam North's current industrial real estate market conditions.
Insight
Vietnam North Industrial Market Dynamics Q2 2025
• The market welcomes abundant of new supply in Hung Yen (Hung Yen), Bac Ninh (Bac Ninh), and Hai Phong (Hai Phong).
• Demand slows down in the short term, net absorption experiences a modest level.
• Rental rates show a modest increase, primarily attributed to higher pricing in newly completed developments.