HCMC – Vietnam holds the potential to become a frontrunner in Southeast Asia’s green industrial transformation, driven by robust foreign investment and supportive government policies, according to a new report by Jones Lang LaSalle (JLL) Vietnam.
The country’s strategic location and commitment to achieving net-zero emissions by 2050 have attracted significant foreign direct investment (FDI), with a compound annual growth rate (CAGR) of 10% from 2010 to 2023.
Analysts noted that the figure is well above the ASEAN average of 7.6%.
Vietnam currently has 30,403 hectares of industrial land available, with 70% in the southern region.
More than 70% of new industrial projects in Vietnam got LEED certification in 2023. The Government’s focus on developing eco-friendly industrial parks has driven innovation and attracted environmentally conscious businesses.
“Vietnam’s industrial market is at an inflection point where sustainability is not just a requirement but a strategic advantage,” said Trang Le, senior director of Research and Consultancy at JLL Vietnam.
