Industrial real estate in the face of tariff wave

VTV.vn - At VNIREF 2025, experts analyzed the impact of global tariffs on the Vietnamese market, while pointing out the opportunities and challenges businesses face.

Overview of "National Industrial Real Estate Forum 2025"

The National Industrial Real Estate Forum 2025 (VNIREF) took place on September 18, 2025 at Daewoo Hotel, Hanoi , co-organized by VNIC - Vietnam Investment Consulting and the Southeast Asia Expansion Association. The event attracted the participation of more than 300 experts and representatives of businesses operating in the field of industrial real estate across the country.

This year, the forum was marked by the presence of many big names in the industrial real estate sector. Notably, the main sponsors were Southeast Asia Expansion Association , CapitaLand Investment and Frasers Property Vietnam .

In addition, the event also attracted the participation of many other typical units such as representatives of industrial park infrastructure investors: ROX iPARK, Sembcorp Industries, KCN Vietnam, Gilimex IP, Phu My Group; Construction contractors: FTA E&C, ANDES E&C; Finance - banking units: VPBank , IAS Consulting & Auditing, Yaxin Vietnam; HPS Logistics unit and investment enterprises such as: Uni-Trend Vietnam, VMG Technical & Outsource Service, Thien An Plastic...

With the theme " Adapting to changes - Leading the future ", VNIREF 2025 focuses on hot market issues, from Global Tariff Impact to FDI Shift Trends and FDI Attraction Strategy in the New Period. At the same time, the event outlined a panoramic picture of Vietnam's industrial real estate market in the first 9 months of 2025, with a special highlight in the Northern region.

Analysis of industrial real estate situation 2025

Within the framework of VNIREF 2025, experts have provided an overview of the industrial real estate market this year. According to a report from Mr. Pham Duc Toan - Representative of VNIC, the market is showing clear signs of the impact of global tariffs on investment and development activities.

In 2025, the industrial land market is expected to record a total supply of 19,100 hectares, an increase of 11.8% compared to the same period in 2024 thanks to the presence of many new investors. The occupancy rate is maintained at a high level of 83%, while the average rental price reaches 140 USD/m², a slight increase of 1.5%. Localities such as Bac Ninh , Hai Phong, Hung Yen and Thai Nguyen continue to emerge as attractive investment destinations.

In the warehouse and industrial factory segment, supply recorded impressive growth, reaching 15 million m², up 36.4% year-on-year. Occupancy rate reached 79%, rental price remained stable at 4.7 USD/m²/month. Sectors such as electronics, semiconductors, mechanics, packaging and renewable energy led the rental demand, reflecting the positive shift in the global supply chain.

According to experts, the demand for industrial land is showing signs of slowing down under the impact of global political instability, forcing businesses to flexibly adjust their investment plans. Many large corporations choose to rent small areas for exploration, while some small and medium enterprises boldly expand their operations to the international market. However, this trend is considered difficult to last and there is no solid basis for the sustainable development of warehouse rental demand, as well as the possibility that the industrial land market will continue to stagnate in the coming years.

Along with that, 2025 marks a new phase when the US continues to apply the " America First " policy and tighten tariffs, creating significant impacts on global trade as well as the Vietnamese economy. At VNIREF 2025, experts pointed out that increasing tax barriers is fragmenting the supply chain, causing production and export costs to increase and forcing businesses to adjust their strategies. However, besides the challenges, there are also opportunities from the " China + 1 " trend combined with US tax policies, contributing to promoting investment capital flows, helping Vietnam become an attractive destination for the manufacturing, electronics and logistics industries.

Accordingly, at the event, Mr. Harry Yan - CEO, Head of Southeast Asia Logistics Department of CapitaLand Investment, shared about infrastructure development orientations to attract FDI capital in the new period.

He said CapitaLand is focusing on building a modern, synchronous infrastructure system in industrial parks, while promoting the optimization of logistics connections and providing integrated support services. According to him, this strategy not only creates attraction for foreign investors but also contributes to improving competitiveness and promoting sustainable development of Vietnam's industrial real estate. With its available advantages, Vietnam has the potential to become a leading destination in the context of the restructuring of the global supply chain.

VNIREF 2025 concluded with the signing ceremony of a strategic cooperation agreement between VNIC - Vietnam Investment Consulting, the Southeast Asia Expansion Association, the infrastructure development unit ROX iPARK and VPBank. This agreement is considered an important milestone, contributing to promoting market development, improving and diversifying services, and demonstrating a commitment to accompany and comprehensively support FDI capital flows in the new era.

Source: https://vtv.vn/bat-dong-san-cong-nghiep-truoc-lan-song-thue-quan-100250925221155345.htm