Credit for industrial real estate in Vietnam increased 32% quarter-on-quarter in the second quarter of 2026, as strong foreign direct investment (FDI) continued to support demand for industrial land.
VIS Rating, in its Industrial Real Estate Outlook for the second half of 2026, said FDI inflows into Vietnam are expected to remain high and continue to be a key driver of industrial park development.
In the first half of 2026, industrial land leasing activity recovered significantly, keeping occupancy rates high while rental prices increased slightly as new supply continued to expand. Financing conditions also improved, supported by stronger bank credit growth and a recovery in corporate bond issuance, helping industrial park developers meet investment and refinancing needs.
According to VIS Rating, recent policies to attract FDI have further boosted demand for industrial land. In the first eight months of 2026, registered FDI reached $40.6 billion, up 55% year-on-year, while disbursed FDI rose 12% to $17.3 billion.
Demand for industrial land also strengthened. After falling 30% in 2025, newly leased industrial land increased 60% year-on-year to 500 hectares in the first half of 2026, driven largely by production expansion among electronics and semiconductor companies.
Industrial land occupancy remained high at 82%. Meanwhile, newly leased ready-built factories and warehouses fell 8% year-on-year to around 0.9 million square metres, as new high-tech tenants increasingly preferred industrial land.
Thu Minh
