Industrial real estate shifts to green and smart
Foreign direct investment (FDI) is maintaining positive growth momentum, creating new momentum for the Vietnamese economy. According to Ms. Le Thi Huyen Trang - General Director of JLL Vietnam, Resolution No. 10-NQ/TW on economic development with foreign investment just issued by the Politburo will have a positive impact on the Vietnamese industrial real estate market.
According to JLL's assessment, the market is shifting from a model of attracting capital flows based on labor cost advantages to attracting capital flows with high added value, associated with technology, innovation and sustainable development.
In that context, the development of green industrial parks is considered a direction suitable for Vietnam's development orientation, and at the same time helps to welcome a new wave of investment from foreign businesses with increasingly high requirements for environmental standards, governance and sustainable development.
Regarding the trend of applying technology in industrial real estate development, according to JLL's observation, investors are currently focusing on solutions to manage, supervise and optimize energy use in industrial parks. The technology is applied to measure and control energy consumption levels, thereby improving operational efficiency and supporting sustainable development goals.
According to JLL, sustainable development and smart development are two factors that always go hand in hand. The application of technology not only helps optimize operating costs but also contributes to building stable industrial parks, improving energy efficiency and increasing long-term competitiveness.
Need to develop the capital market to support businesses
From a business perspective, Mr. Nguyen Ngoc Hoa - Chairman of the Ho Chi Minh City Business Association - said that the capital needs of businesses are still a big problem, especially for the FDI business sector. However, the capital source of the economy is still mainly based on bank credit.
According to Mr. Hoa, in the context of the Government promoting public investment and implementing a series of projects with a scale of hundreds of thousands of billions of VND, the need to mobilize capital from the banking system will be very large. This may cause credit flows to focus on large projects, reducing capital access opportunities for small and medium-sized enterprises.
Therefore, the biggest expectation for the International Financial Center is to soon form and develop a capital market. Accordingly, the Government needs to prioritize building a capital market with sufficient depth so that large projects can mobilize capital through issuing project bonds, project bonds and other financial instruments, instead of mainly relying on bank credit.
When large-scale infrastructure and investment projects switch to capital mobilization in the capital market, the banking system will have more room to focus on providing credit to small and medium-sized enterprises. This is a group of enterprises that often do not have enough scale, prestige or financial capacity to issue bonds or mobilize capital directly from the market.
Mr. Hoa also said that only businesses with brands, strong financial capacity and feasible projects, approved by competent authorities, are able to attract investment funds to participate in capital contribution. Meanwhile, projects with a scale of hundreds of thousands of billions of VND often have a deployment time of 15-20 years, even 30 years, so long-term capital is required.
This is also a difference between the capital market and bank credit. Banks mainly mobilize short-term deposits, commonly from a few months to a year, so it is difficult to meet the long-term capital needs of large-scale infrastructure projects.
According to Mr. Hoa, it is necessary to accelerate the formation of the capital market, and at the same time have mechanisms to encourage large enterprises to mobilize capital through the market instead of relying on bank credit. This approach both meets long-term capital needs for key projects and reduces pressure on the banking system, thereby creating conditions for credit capital to focus more on the small and medium-sized enterprise sector.
According to statistics from Ho Chi Minh City, the city's economy in the first 6 months of 2026 continued to maintain a positive growth trend with momentum from industrial production, stable consumption, tourism recovery and especially FDI attraction. In the first half of the year, the city attracted 6.8 billion USD of registered FDI capital, an increase of 114.2% compared to the same period last year; newly licensed 888 projects with a total capital of more than 1.1 billion USD and 99 projects adjusted to increase capital with more than 3.1 billion USD.
Nationwide, total registered FDI capital in the first 6 months of 2026 reached 34.65 billion USD, an increase of 61% compared to the same period last year, showing that Vietnam continues to be an attractive destination for international investment capital.
