Vietnam among Southeast Asia’s most dynamic logistics markets
DNO - According to the latest Waypoint: Global Industrial Dynamics 2026 report by Cushman & Wakefield, Vietnam is emerging as one of Southeast Asia’s most dynamic logistics markets, driven by supply chain diversification, manufacturing growth, and rising demand for industrial and logistics space.
E-commerce and manufacturing continue to drive demand for industrial and logistics space across the Asia-Pacific region.
According to Cushman & Wakefield, countries such as Vietnam, Indonesia, and Thailand are benefiting from supply chain diversification and production relocation, strengthening their positions as key manufacturing and distribution hubs.
Vietnam’s growth is being fuelled by manufacturing expansion, export-oriented investment, and rising domestic consumption.
In southern Vietnam’s key economic zone, including Ho Chi Minh City, Dong Nai Province, and Tay Ninh Province, industrial markets remain robust, supported by strong manufacturing activity, large consumer markets, and improving connectivity.
By the end of the first quarter of 2026, industrial land supply had reached 36,400 hectares, with occupancy rates exceeding 90% for ready-built factories and warehouses.
In northern Vietnam, industrial real estate continues to benefit from electronics manufacturing and cross-border trade. Occupancy rates reached 63% for industrial land, 86% for ready-built factories, and 82% for ready-built warehouses, while Hanoi recorded near-full occupancy across all industrial segments.
According to Nguyen Phuoc Thuan, Head of Leasing at Cushman & Wakefield Vietnam, the growing presence of electronics and high-tech manufacturers is strengthening Vietnam’s role in global supply chains.
He noted that investors are placing greater emphasis on infrastructure quality, developer capabilities, and international standards, driving rapid upgrades in logistics and industrial facilities, particularly those serving high-value goods and cross-border trade.
According to Cushman & Wakefield, vacancy rates across the Asia-Pacific logistics market are expected to decline over the next three years, intensifying competition for high-quality facilities in well-connected locations.
At the same time, tenant demand is increasingly shifting toward modern logistics spaces that support automation, energy efficiency, and long-term operational resilience.
Dennis Yeo, Head of Investor Services and Logistics & Industrial for Asia-Pacific at Cushman & Wakefield, said Southeast Asia is entering a new phase of growth as supply chain diversification becomes a long-term trend, creating opportunities for investors and developers that can deliver modern, future-ready logistics facilities.
(Source: vietnamplus.vn)