Data from CBRE Vietnam on four cities and provinces considered key industrial centers in the south and Mekong Delta - Ho Chi Minh City and Dong Nai, Binh Duong, and Long An provinces - shows that industrial land rentals have increased 8-13 per cent over the course of the last year. The highest price was $300 per sq m per rental cycle.

Retail real estate in Ho Chi Minh City has been unable to recover quickly as purchasing power remains weak and many businesses have closed or are still temporarily closed. Rentals for premises in the non-CBD area have fallen 10-20 per cent compared to last year. Vacancies in the first quarter of 2022 rose to 13.7 per cent, up 2 percentage points compared to the previous quarter.