Vietnam's industrial growth has positioned it as a significant player in the global economy, driven by open-market policies and participation in free trade agreements like CPTPP and EVFTA. The factory boom in Vietnam, often referred to as "factory Vietnam," is fueled by cost-effective production, a skilled workforce, improving infrastructure, government support, and strategic location. These factors, along with Vietnam's diversification of supply chains, have made it an attractive destination for manufacturing. This boom has created employment opportunities and contributed to socio-economic development, particularly exemplified by the growth of factory buildings for rent in zones like Tan Thuan Export Processing Zone (“Tan Thuan EPZ”).