Hanoi, Jan. 26 -- With enhanced investment and Government's support, the semiconductor industry has a pivotal role to play in the growth of Vietnam's industrial real estate, according to a Savills Vietnam expert.

The country's high-tech manufacturing expansion is creating a knock-on effect on the industrial property sector, with a prime example being the recent investment from US tech giant NVIDIA in an R&D centre in Vietnam. Minister of Planning and Investment Nguyen Chi Dung described this as a "historic milestone," positioning Vietnam to become Asia's premier AI research and development hub.

Statistics from the Ministry of Planning and Investment's Foreign Investment Agency showed that Vietnam's total registered FDI reached nearly 38...