Vietnam Ranks Eighth Outside the US for LEED-Certified Floor Area

In 2025, 100 projects in Vietnam received LEED green building certification, covering more than 2.6 million square meters of floor area. Vietnam ranked eighth among countries and territories outside the United States by certified area, entering the top 10 for the first time. The US Green Building Council and Green Business Certification Inc. released the figures on February 2, 2026; two years earlier, Vietnam ranked 28th. The US Green Building Council said industrial manufacturing facilities and warehousing and logistics stood out for LEED certification growth in Vietnam in 2025.

LEED certification data released by the US Green Building Council and Green Business Certification Inc.（VietVance）

The International Finance Corporation’s report on Vietnam’s green building market for the third quarter of 2026 shows that, as of September 30, the country had 910 green-certified building projects with a total floor area of nearly 23.3 million square meters. Of these, 351 projects had LEED certification, covering about 9.69 million square meters. According to consultants’ compilations of the report’s data, factories and industrial warehouses accounted for about 38% of the total area certified under Vietnam’s various green building standards.

Demand for industrial property also recovered during the period. An industry report released by Vietcap Securities on November 3 shows that newly registered foreign direct investment in Vietnam’s processing and manufacturing sector reached about US$22.8 billion in the first nine months of 2026, up 36% year on year. Net absorption of industrial park land in tier-one markets reached about 613 hectares, up 32%. However, average asking prices for industrial land in those markets rose only about 1% to 1.5% year on year, below the roughly 10% annual increases recorded from 2021 to 2023.

Green certification is also becoming part of the development of ready-built factories and warehouses. KCN Việt Nam announced that its project in Hải Phòng received LEED Gold certification in July 2025, followed by its Nhơn Trạch 6D project in Đồng Nai in January 2026. In early November 2026, the company announced that the 2A section of Hố Nai Industrial Park in Đồng Nai had also received LEED Gold certification. The 16.8-hectare section is expected to provide more than 100,000 square meters of rentable floor area.

KCN Việt Nam’s 2A section project at Hố Nai Industrial Park.（VietVance）

LEED Gold certification corresponds to a score of 60 to 79 points, with assessments covering energy use, water use and the indoor environment, among other factors. Certification can provide tenants with independently assessed building metrics, but a project’s ability to attract tenants still depends on its location, rent, infrastructure, management services and suitability for their production needs.

Source: VietVance