LEASE IN INDUSTRIAL PARKS – KEY CONSIDERATIONS TO SUB/LEASE AND RELATED CONTRACTS

During 2023, the industrial real estate sector remains a notable highlight in the market, exhibiting favorable absorption rates in both industrial land and pre-constructed factory spaces. The IRE market in Vietnam is closely tied to its ability to attract foreign direct investment. Despite the challenging economic conditions, a significant influx of FDI capital is being observed, resulting in increased demand for leases in industrial parks.

This article is penned to provide noteworthy considerations for the lease activities and associate contracts from Vietnamese law perspective.