A number of companies such as Hodeco, CEO Group, and Khang Điền are expanding operations into the industrial zone (IZ) sector. Hodeco has approved investment in industrial clusters in Bà Rịa – Vũng Tàu and Tây Ninh, planning to invest 400 – 500 billion VND. CEO Group established a subsidiary specializing in industrial zone development and adjusted a 2.6 trillion VND investment to focus on this sector due to declining real estate revenue. Khang Điền is also participating in the Lê Minh Xuân industrial zone project, covering 109.9 hectares, expected to operate in 2027. Companies like Licogi 13 have received approval for an industrial zone project in Quảng Trị. This shift aims to increase profitability and stabilize revenue for companies amid ongoing difficulties in the real estate sector.
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