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2022 in Review
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Office Market
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Retail Market
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VIETNAM RETAIL MARKET
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VIETNAM RETAIL MARKET
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Vietnam Commercial Market Outlook 2023
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Opportunities: Occupier Focus
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• • •
Trends to Watch
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/ca5d2b79c14fbcfbf5c23c1fdd0cba1e.jpeg)
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• • •
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/8cc5884f0f091e1b8e843855207afae4.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/5b0940131649c8e91a0577904c5e617d.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/db2c6f3a69448a4c213b850f1cb7bc1c.jpeg)
Industrial Market
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/5fc6b0e4df190621c683a6a6802917df.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/fa9bfa7c715d341b50d15dae7d30e4be.jpeg)
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2022 in Review
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/03989e0355019a589b789c79cbd3fba2.jpeg)
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Industrial Land
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/c1195cc58eb8de66be7355883012f287.jpeg)
Continued Interest from Global Manufacturers
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/0facfa879ea9d96ef71c71855467be1f.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/a2fb8310de7cb9b8a6fb61a5ad9c252d.jpeg)
Industrial land Improving absorption in Tier 2 markets
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/efc3bc4e560bef9536ada7a4f352c0a4.jpeg)
▲ ▲ ▶︎ ▲
Industrial land
Improving absorption in Tier 2 markets
Southern Region, Net absorption
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/f5acb328d4c2b3b196f16a9aaace7014.jpeg)
▼ ▲
Rents,
to
▲ ▲
Asking
Industrial Land, 2022 Industrial land Rents continued
grow in both regions
Northern region, Notable transactions, Industrial land
Industrial land
Ready-built Factories and Warehouses
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/c2a0d91b16e20501012f1991a17ee9c8.jpeg)
RBF and RBW
Strong absorption in both regions
Northern Region, RBF and RBW in Tier-1 markets
Southern Region, RBF and RBW in Tier-1 markets
▲ ▲ ▲ ▲
RBF and RBW
Northern Region, RBF and RBW Supply and Occupancy Rates
Southern Region, RBF and RBW Supply and Occupancy Rates
RBF and RBW
Mild rental growth in 2023
Asking Rents, RBW & RBF (*), 2022
▲ ▲
RBF and RBW
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/f631bba460491c4a37ed49fe06766068.jpeg)
Vietnam bracing for headwinds
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/8a5fff3b1c3f3d35011fd023ec0fe229.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/13366ebc9ab95ba3adf32cb61142e3ee.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/9195c1a503ddec7777238cd686ef6ed4.jpeg)
Tier-1 markets
Tier-2 markets
Tier-2 markets
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/fb6be9d5e1febde675325f885eb1a875.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/c795144c451f0d4f7eb8ab5b47e897db.jpeg)
Tier-2 markets
Tier-1 markets
Tier-2 markets
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/62e48a73a6edf17568d1911964791ca3.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/a6c94bea6b59fbaee73063da078cbcf3.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/881d8b477ef416835a90232b1d9fe880.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/53f3a84f63d9de286a0efd4666fc6fb6.jpeg)
Market awaits positive impacts from China’s reopening
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/74af5d1517f13e790825e280f750a3c8.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/097c513a1317755f3fa8f05cb8284cb9.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/8df08c26530dbaa981661cf5df21a2df.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/65e8eb4e4fb67b54b687ca6750f19034.jpeg)
Region, Industrial Land, Forecast
Vietnam, Industrial Land, Forecast Industrial Land Solid demand from manufacturers support rental growth ▲ ▲ ▲ ▲
Northern
Southern
RBW and RBF
Northern Region, RBW and RBF, Forecast
Southern Vietnam, RBW and RBF, Forecast
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/18e98860d39eaafb23b9265b9bd4fdf8.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/096c457b508834e08cc2293833f12a05.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/f69118416d092ff2ad7538a1a8f42379.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/4ebe9ce3dadb9420eb577dbb74279c15.jpeg)
Residential Market
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/529afef5119cc01c2ae3add94034b396.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/f013515c41e672e0bfbd11f298486b1c.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/4ed94dedc97d9ac1d68047469fc5ee44.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/35b81c4ded3c442175f5db6f603c6645.jpeg)
2022 in Review
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/b8116a6a77417d03204d9b92d5c748f8.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/223596d42ba1c0492b383b7c042d0eed.jpeg)
2022 in Review
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/2d53232fa938154d06ba5f1c2bccfe9b.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/b29d32fff3725b69480a32f46ef88a9f.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/2573bf0c4034539f778402e6c684004e.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/b4bfc2bc9d396b0142fd9a39c085db32.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/223596d42ba1c0492b383b7c042d0eed.jpeg)
✓ ✓ ✓ ✓
Supply & Absorption
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/dae8e8066b1551318ea3d182143bcb08.jpeg)
▼ ▼
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/dda5600301eff955870d591dfec5c046.jpeg)
▲ ▲
Pricing
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/661e4e55a363d8e1e532d3ce977c51c1.jpeg)
▲
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▲
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/5ada047d70931aebaa791970c2e1b9da.jpeg)
▼ ▼ ▶︎ ▼
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2023 Market Drivers
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/9c279946dab4e2986abae5a2c19270f1.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/382da559275f7c7ff9dd065f13a66993.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/1a2377bb445344e555d89c6d322b0c63.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/fe27e3af286c36f8e073e4433838c5ac.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/dfac9bd180c25fc157934b7bbe6dd74f.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/c2783ed29e8e7a2528defd8ce686b750.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/3018a47761e6acbd710d9d320153b158.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/6b68f74e5193a7e9424a3e7784970962.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/8f192ea87fb67363a67257db6c8a0028.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/9c39d564dd74bd0928b062bca0eb249f.jpeg)
❖ ❖ ❖
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/8f192ea87fb67363a67257db6c8a0028.jpeg)
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/9c39d564dd74bd0928b062bca0eb249f.jpeg)
➢ ➢ ➢ ➢ ➢ ➢ .
Market Outlook
![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/2d897fb9f9f652854d15cc3a58153d92.jpeg)
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![](https://assets.isu.pub/document-structure/230222042241-f96b737b51c02074fbbf7050c7df632d/v1/773a5142543f657b687578fd8319de5e.jpeg)
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please contact:
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For more information regarding this presentation
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