Food factory for lease in Vietnam services can help expand production and business. So, why is this field still standing strong in the face of the “destructive” wave of the crisis, and what are the criteria that businesses need to understand when looking to rent a food factory?
Vietnam’s food and beverage processing industry is “immune” to the crisis
In the second half of 2022, the number of orders has decreased by 20–50% compared to the beginning of the year. However, the food processing industry has a high number of orders compared to the beginning of the year, and many businesses have opened their doors to exporting to the world market.
According to statistics, retail sales in Vietnam in the third quarter of 2022 reached VND 1,137 trillion, up 48% over the same period last year. In particular, in the fourth quarter of the “hot” time of the retail industry, it reached VND 1,514.6 trillion, an increase of 4.8% compared to the previous quarter and an increase of 17.1% over the same period last year.
The purchasing power of consumers is still increasing despite the impact of the economic downturn
The stability of the food and beverage processing industry in the face of economic fluctuations can be explained by the following reasons:
Firstly, the impact of the pandemic makes consumers choose clean and quality food products for better health care.
Second, because these items are in the necessities industry, people must still meet their basic needs even if the economy is in recession.
Third, many food businesses have changed their operating mechanisms, seizing opportunities to restore production and business after the pandemic. Despite rising raw material and production costs, enterprises in Dong Nai typically maintain a high level of revenue and growth after 2-3 years.
Finally, Vietnam has signed 15 Free Trade Agreements to reduce its tax rate to 0%, creating conditions for food processing enterprises to promote import and export activities. Some enterprises have invested in the processing of agricultural products and beverages, such as Vedan, CP, Nestlé, Ajinomoto,…
Because of these things, Vietnam is expected to be a potential market in 2023, despite the general difficulties of the economic market. It is forecast that the rental service of food and beverage factory in Vietnam will grow along with the investment of domestic and foreign enterprises.
5 important criteria for choosing a unit for leasing a Vietnamese food processing plant
Businesses need to note the following 5 things when choosing a quality Food factory for rent in Vietnam, ensuring stable and convenient operation in the production process.
– The food factory is located near places where there are abundant human resources so that the business can operate smoothly the first time as well as in the future. At the same time, enterprises can easily find skilled workers to serve the production process.
– Convenient transportation system and close to the source of raw materials: helping the transportation process save time and costs, optimize production costs, and create price competition for products when distributed.
– The production equipment of the food factory is complete and qualified, which will reduce the cost of construction and equipment for production activities, saving time for businesses to be able to go into operation after completing the procedures. cooperate.
– Food processing factory in Vietnam units should be near potential markets: in potential areas, enabling businesses to find more suppliers and sources of goods and increase market coverage in the future. This is also a solid foundation on which businesses develop and grow to promote the development of the country’s economy.
The rental factory should fully meet the criteria to ensure stable operation and optimize costs
Read more: Vietnam warehouse space leasing market maintains a positive signal
Savills Vietnam, providing Vietnam food factory rental service with competitive price, quality factory, enthusiastic team
Savills Vietnam is a leading corporation specializing in providing solutions for food factory for lease in Vietnam. Savills will analyze, evaluate, and offer the most appropriate rental solutions to market trends and your business needs using a large data system that captures the pulse of the market to maximize efficiency, optimize cost, and achieve investment efficiency.
Savills Vietnam – The leading corporation specializing in providing industrial real estate leasing solutions in Vietnam
A team of more than 2,500+ trained consultants mastering professional skills will advise and solve your problems throughout the process. This is something of which Savills is always proud of its associates.
Savills’ system of food factories for rent is spread throughout the provinces of Vietnam. Especially, in industrial zones and major economic centers, cities and provinces are receiving FDI capital. Factories for rent are built according to international standards, so they will ensure the long-term operation of enterprises.
Factory for sale in Tan Phuoc, Tien Giang
– Total area: 20,000m2
– Land use term: 2057
– Load capacity: 2 tons/m2
– Ceiling Height: 7-10m
Factory for sale in Tan Phuoc, Tien Giang
Factory for sale in Ben Cat, Binh Duong
– Total area: 21,749m2
– Land use term: 2056
– Load capacity: 2 tons/m2
– Ceiling Height: 7-10m
Factory for sale in Ben Cat, Binh Duong
Transfer of factory in Duc Hoa, Long An
– Total area: 19,795m2
– Land use term: 2058
– Load capacity: 2 tons/m2
– Ceiling Height: 7-10m
Transfer of factory in Duc Hoa, Long An
More: Factory for Lease in Thai Binh
Factory for sale in Trang Bang, Tay Ninh
– Total area: 15,000m2
– Land use term: 2058
– Load capacity: 2 tons/m2
– Ceiling Height: 7-10m
Factory for sale in Trang Bang, Tay Ninh
Read more: 2023 Outlook for the Packaging Factory for Lease in Vietnam
Conclude
The stability of the food processing sector has fueled the rapidly growing industrial real estate market, bringing many opportunities for investors in this sector.
If you are in need of advice about the service of food factory for lease in Vietnam, please contact us immediately, either Mr. John Campbell via our hotline at 0986.718.337 or Savills Vietnam’s senior team of experts, for detailed advice on types of factories with sizes, standards, and prices suitable for your business.
In addition, you can refer to industrial real estate projects at Savills Industrial here.
