Vietnam Industrial Insider 2025 from Savills Vietnam Industrial Insider 2025 from Savills

Viet Nam’s Industrial Market Enters Its Next Growth Phase

Despite global uncertainties and recent natural disasters, Viet Nam’s economy has demonstrated strong resilience in 2025, supported by broad-based growth and strong industrial momentum.
GDP expanded by 8.2% in Q3/2025, the fastest pace in Southeast Asia, lifting nine-month growth to 7.8% year-on-year and bringing the economy close to the government’s full-year target of 8%. This marks the second-highest growth level in the past 11 years, surpassed only by the post-pandemic rebound in 2023.

Download the full report to understand what is driving Viet Nam’s next industrial cycle.

 

Why Industrial Insider 2025 Matters

Following a year of tariff volatility and global uncertainty, Viet Nam’s industrial economy is entering a phase defined not just by expansion, but by scale, capability, and quality.
Major international institutions have revised their 2025 GDP forecasts upward, including:
– Asian Development Bank: 6.7%
– United Overseas Bank: 7.7%
– Standard Chartered: 7.5%
– HSBC: 7.9%
Industrial production, particularly manufacturing and processing, remains the key growth engine, rising 10% in Q3/2025.
This whitepaper provides essential insights for occupiers, investors, developers, and industry leaders navigating Viet Nam’s rapidly evolving industrial landscape.

 

Key Drivers Behind the Shift to Scale

Viet Nam’s industrial market is transitioning toward larger, more advanced, and more capital-intensive production models, underpinned by:
– Rebound in global manufacturing orders in H2/2025, led by electronics and semiconductors.
– Sustained high occupancy rates across industrial parks.
– Growing demand for higher-specification and greener facilities.
– The most ambitious wave of infrastructure investment in Viet Nam’s industrial history.

industrial market vietnam 2025

“This year isn’t just about new investment; it’s about the scale and quality investors demand. Viet Nam is entering a phase where capability matters as much as cost.” 

John Campbell, Head of Industrial Services, Savills Vietnam. 

 

From Assembly to Advanced Manufacturing

  • Expansion of semiconductor assembly and testing, supported by deeper partnerships with the United States, Japan, the Netherlands, and South Korea.
  • Scaling of renewable energy components, automotive electronics, telecom equipment, and AI-related hardware.
  • Large electronics manufacturers strengthening R&D and engineering functions, signalling a move beyond pure assembly.
  • Rising importance of data centres, cloud services, and AI infrastructure in industrial operations and national competitiveness.

Together, these developments reflect a structural transition. Viet Nam is no longer focused solely on attracting more factories, but on building the industrial, digital, and infrastructure capabilities required for higher-value growth.

 

Looking Ahead: A Market Built for the Next Decade

As major infrastructure projects approach completion by 2026, alongside:
– Advanced semiconductor packaging and IC design.
– Rapid expansion of data centres and AI-driven cloud demand.
– Accelerating EV adoption.
– Mandatory ESG implementation.

Viet Nam is entering a new growth phase where scale is increasingly matched by quality, reinforcing its position as a competitive and future-ready industrial destination.

Gain detailed insights, data analysis, and strategic perspectives on how Viet Nam’s industrial sector is preparing for its next phase of growth, and how your business can leverage it.