‘Green’ industrial zones becoming a reality in Vietnam
Of 418 IZs licensed so far, 298 have become operational.
In recent years, Vietnam has become a bright spot in the FDI map, which has brought strong growth of the IZ real estate market. The keywords ‘xanh’ (green) and ‘thong minh’ (smart) are the two major messages IZ developers use to advertise their IZs as a great advantage amid the ESG (environment, social and governance) trend. Vietnam’s next-generation IZ projects are following the Green-Smart tendency, meeting strict standards on environment, facilities and urban utilities, with flexible customization to fit specific characteristics of every IZ, in order to reduce carbon footprint.
