Mitihoon – Bangkok, 4 March 2026 – Amata VN Public Company Limited (AMATAV), a subsidiary of the Thai industrial giant Amata Corporation, reported a net profit of 531 million baht (approximately USD 16.7 million) for 2025, up from 133 million baht in 2024.
Ms. Somhatai Panichewa, Director and Chief Executive Officer of Amata VN Public Company Limited, revealed that the main factors behind this strong performance were improved cost calculations in real estate development and efficient cost management, resulting in enhanced gross profit margins, as well as lower sales and administrative expenses and increased profit-sharing from joint ventures.
The company’s profit-sharing from joint ventures increased, with 29 million baht recognized from land sales in the Quang Tri project. In 2025, total revenue reached 3,956 million baht, representing a 25% decrease from 5,305 million baht in 2024. This decline was mainly due to reduced real estate sales at Amata City Ha Long Industrial Park (ACHL), which sold 6.4 hectares, and Amata City Long Thanh Industrial Estate (ACLT), which sold 17.9 hectares. Combined, both projects sold 24.3 hectares, equivalent to approximately 151.875 rai.
Mr. Sukhum Pittayapibulpong, Chief Financial Officer of Amata VN Public Company Limited, stated that in 2025, Vietnam experienced a strong economic recovery, which directly benefited the industrial estate business. The country also maintained solid economic stability, recording a GDP growth rate of 8.02% in 2025.
The Vietnamese government has proactively attracted selective foreign direct investment (FDI), particularly in high-tech and innovative sectors. Furthermore, licensing processes have been streamlined, and project approval authority has been decentralized to the provincial level, accelerating approvals.
These measures align with Vietnam’s goal of becoming the third-largest economy in ASEAN by 2030. Vietnam is currently undergoing a pivotal transition in its economic development, aiming by 2030 to elevate itself among the world’s leading nations. The government has set a clear long-term growth strategy, especially for 2026–2030, targeting average annual GDP growth of no less than 10% and striving to increase per capita income to USD 8,500 by 2030, moving the country into the world’s 30–35 largest economies and to third in ASEAN.
The digital economy is set to account for at least 30% of GDP by 2030, alongside green economic development. The objectives also include reducing greenhouse gas emissions intensity per unit of GDP by 15% from 2014 levels, and raising the share of renewable energy to 15–20% of total primary energy supply.
Vietnam is actively shifting its foreign direct investment (FDI) strategy from focusing on low-cost manufacturing to becoming a hub for high-tech and high-value production, in line with the global trend of supply chain diversification by international companies. Manufacturing continues to be a major driver of the economy, demonstrating resilience amid external challenges.
The Industrial Production Index (IIP) is projected to grow by 9.2% in 2025, marking the highest rate in five years. At the same time, foreign investor confidence remains strong, with FDI rising 15.2% year-over-year, further solidifying Vietnam’s position as a leading manufacturing and export hub in the region.
To support ongoing growth, and with confidence in the country’s economic momentum, AMATAV has continued to expand its investments in Vietnam. In December 2025, the company announced that it had received the Investment Registration Certificate (IRC) for the development of Amata City Phu Tho, a 475.67-hectare project representing a total investment of USD 185 million. The development will operate with land use rights for the period of 50 year from the date the IRC is issued.
The project’s strategic location offers a significant advantage. Situated at the Northern Gateway of Phu Tho province, Amata City Phu Tho serves as a key industrial hub with outstanding connectivity.
It provides direct access to National Road 70 and the Phu Tho–Tuyen Quang Expressway, ensuring seamless connections to the Hanoi–Lao Cai Expressway. This prime location significantly reduces freight times to the Chinese border, Noi Bai International Airport, seaports, and a planned railway link.
The development will support targeted industries such as semiconductors, AI supply chains, automotive, and clean technologies. It is designed to help advance Vietnam’s ambitious net-zero carbon targets by fostering high-value, high-tech industries and attracting global leaders in automation, advanced electronics, and sustainable manufacturing.
The company has already successfully developed four industrial parks in Vietnam: Amata City Bien Hoa, Amata City Long Thanh, Amata City Ha Long, and Quang Tri Industrial Park. Together with the latest project, these five projects —both in operation and under development— account for approximately 2,586 hectares of approved investment land.
These projects have attracted more than 220 tenants, including several Global Fortune 500 companies. Built on the “All Win” philosophy, Amata goes beyond simply providing land, delivering and continuously developing comprehensive industrial city ecosystems. These combine strategic locations, advanced utilities, integrated services, and long-term management, empowering investors to achieve sustainable success and long-term confidence.
With more than three decades of experience in Vietnam, Amata has a proven track record of creating dynamic, modern industrial ecosystems.
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