Optimizing costs to achieve business efficiency is always a problem that many SMEs have a headache about. In particular, in the process of expanding business activities, SMEs have small industrial space for lease in Vietnam in order to balance the financial resources of enterprises but still ensure the operation process. So, why is this the top priority choice of businesses? Let’s learn the advantages of this solution with Savills Vietnam.
Industrial Real Estate attracts FDI
In the Vietnam Industry Highlights announced by Savills, in the first quarter of 2022, Vietnam attracted 8.9 billion registered capital with more than 322 newly licensed projects entering the market. In which, newly registered FDI capital reached 2.1 billion USD with 84 projects and adjusted capital from 150 projects was 2.8 billion USD.
However, there is still a clear difference in the production investment process between the two regions (South and North). If the southern key economic zones lead the country in the number of capital sources in the field of processing and manufacturing plants, the north continues to develop the trend of producing high-value products. for the market’s sales.
By October 2022, real estate had attracted more than 3.5 million USD, accounting for nearly 19% of total registered investment capital from FDI capital, doubling the investment capital over the same period last year. In particular, industrial real estate has become a bright spot to attract a lot of capital from FDI when the market witnessed a continuous increase in rents and high occupancy rates in key industrial parks and CNNs of the country: Hanoi and Ho Chi Minh City. Chi Minh.
Huge FDI capital combined with investment policies in industrial zones, improvement of people’s living standards and education system,… of the State have strongly influenced the development of industrial real estate in the whole country. In particular, the rental service of small industrial premises in Vietnam is gaining momentum, meeting the increasing demand for use by domestic and foreign enterprises.
Small industrial premises, cost optimization, operation for SMEs
Up to now, Vietnam has had 785,000 SMEs, accounting for more than 98% of the total number of enterprises in the country. SMEs have been using up to 70% of the workforce in all industries, contributing to about 50% of the country’s GDP. This has proven the remarkable recovery of the Vietnamese economy in all industries and fields after the pandemic.
Due to its small scale and limited capital, the accumulation and rational allocation of resources will create a playing field full of challenges but also many opportunities for all businesses. Therefore, small industrial space for rent in Vietnam is the first choice of domestic and foreign SMEs when making investments.
– Saving investment capital to allocate a reasonable budget for the development strategy of enterprises.
– Small industrial land area will meet storage and production activities. It will also avoid loss of storage space.
– Solve the problem of operation and human resources to manage inventory and preserve goods.
– It can be divided into many factories and warehouses in many different areas to quickly and promptly respond to the needs of the supply chain and market.
– Time to put into operation quickly, avoiding waste and loss for businesses.
Read more: Small Industrial Space for Lease in Vietnam: A Cost-Optimized Solution for SMEs
Savills Vietnam, specializing in providing small industrial space leasing services in Vietnam, offers competitive prices, clear processes, and legal support
The industrial real estate market is vibrant with positive changes from the market and domestic and foreign investors. One of the top factors that helps SMEs optimize costs is choosing to rent a small industrial space instead of buying new or building a new one for their initial business.
Savills Vietnam has the advantage of owning big data on industrial real estate. Combined with analysis and reports from MS Power BI, we are proud to always be ahead of the market’s wave of transformation and investment trends. to provide customers with clear details and analysis of the most appropriate business location at the present time. Savills Vietnam experts will advise and offer appropriate strategies to meet your rental and use needs for all types of real estate.
With industrial space leasing solutions in Vietnam, a clear and fast consulting process, Savills Vietnam has leased 559,164m2, sold 494,111m2, and has more than 60+ development contracts. Among the notable industrial land leasing partners are Shopee, Broad-Ocean, Coca-Cola, and others.
You can refer to some typical industrial land leasing projects below:
+ Entire area: 410 ha
+ Vacant area: 348 ha
+ Rent cost: $180 /m²
+ Entire area: 497 ha
+ Vacant area: 15ha
+ Rent cost: $140 /m²
+ Location: Thu Duc City, Ho Chi Minh City
+ The whole area: 27.34ha
+ Deposit: 10% of total rent
+ Rent cost: Contact Savills
+ The whole area: 50ha
+ Vacant area: 20.42ha
+ Land use term: 2065
+ Deposit price: 20% of the land rent
+ Rent cost: Contact Savills
Read more: Land Rent in Vietnam Fluctuates Sharply in the First Half of 2022 and is Forecast to Continue to Peak in the Second Half
Vietnam’s industrial real estate has shown amazing signs of recovery with the investment from FDI capital and the government’s economic promotion policies. Many businesses have chosen the solution of renting industrial land to serve their business activities. This has helped the land rental market become a “highlight” of industrial real estate in the country.
If you are in need of small industrial space for lease in Vietnam, please contact us immediately via Mr. John Campbell via hotline: 0986.718.337 or the senior staff of Savills Industrial Vietnam. We will provide small industrial land leasing solutions, suitable for your size and financial resources. At the same time, Savills Vietnam is committed to long-term land use, full of legal papers, supporting you in all aspects of related processes and procedures.
In addition, you can refer to the industrial real estate projects of Savills Industrial here.