CNCTech Industrial Market Report – W1 May 2025

CNCTech Industrial are pleased to share with you the latest weekly market report from 28 April to 4 May, 2025, providing key updates on industrial real estate, foreign investment, and import – export trends.

This week’s market report highlights:

• Vietnam’s Trade Growth and FDI Dominance: Vietnam’s import-export value in early April 2025 reached USD 35.44 billion, with the FDI sector contributing 66.9% of total trade, showing a 16.5% year-on-year increase.
• Labor Market Expansion and Modernization: In 2024, Vietnam’s labor force grew to nearly 53 million, with employment rising by 1.1% and unemployment at 2.24%, supported by government efforts to modernize the labor market.
• Semiconductor Industry Milestone: Vietnam launched its first domestically-led semiconductor chip factory with a USD 100 million investment, targeting 100 million chips annually by 2027, advancing its high-tech ambitions.
• Industrial Real Estate and Investment Reforms: The industrial real estate market thrives with an 86% occupancy rate and rising land prices, while Vietnam aims to be a top 3 ASEAN investment destination by 2028 through policy enhancements.

Please find the full report here for your reference.