Vietnam South Ready-built Factory Market Dynamics Q1 2026

The Southern RBF market recorded positive net absorption of approximately 105,000 sqm in Q1 2026, with total supply reaching 6.0 million sqm following the addition of over 286,000 sqm of new space. The occupancy rate stood at 86.5%. Average asking rent continued its upward trajectory to USD 5.0 per sqm per month (+2.7% y-o-y), reflecting steady demand from Chinese and Chinese-speaking enterprises.

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