As an industrial park development specialist, I have observed the dynamic transformation of Northern Vietnam into one of Asia’s most vibrant production and FDI hubs. Investors searching for “Northern Vietnam Industrial Parks” are not just seeking a list, but a strategic location to build sustainable foundations.

At Stavian IP, we understand that deeply. This article not only presents a list of Industrial Parks across the North but deeply analyzes key factors – from benchmark parks to emerging trends and ecological IP models.

Comprehensive Overview of the Northern Industrial Park Market

The Northern region of Vietnam is solidifying its status as the country’s leading industrial center, attracting strong domestic and international investment.

• Number of parks: More than 200 large and small Industrial Parks currently operate in Northern Vietnam.

• Geographic concentration: Many IPs are located in economic powerhouses such as Hanoi, Bac Ninh, Hai Phong, Thai Nguyen, Vinh Phu, and Hưng Yên clusters.

• Occupancy rate: Average occupancy in many parks reaches about 80%, demonstrating the appeal and operational effectiveness of Industrial Parks in the North.

These Northern IPs combine strategic location, logistics investment, and favorable incentives to offer compelling opportunities for investors.

List of Prominent Industrial Parks

Top 5 Leading Northern Industrial Parks

Based on scale, investment capital, and attraction for major corporations, the following are among the most outstanding Industrial Parks in the North:

1. Hoa Lac Industrial Park (Hanoi)

   • Area: ~1,586 ha

   • Positioning: Vietnam’s first and largest high-technology park

   • Focus: IT, software, biotech, R&D

2. Yen Phong Industrial Park (Bac Ninh)

   • Area: 658 ha (Yen Phong I) & 344 ha (Yen Phong II-C)

   • Location: Near National Highway 18 and Hanoi–Thai Nguyen expressway

   • Major investors: Samsung, Orion, Hyosung

   • Occupancy: ~95%

3. VSIP Bac Ninh Industrial Park

   • Area: ~700 ha

   • Model: Integrated industrial-urban-service park

   • Major tenants: Microsoft, Foster, Suntory Pepsico

4. Yen Binh Industrial Park (Thai Nguyen)

   • Area: ~693 ha

   • Capital investment: ~3,820 billion VND

   • Focus: Electronics, high-tech; home to Samsung Electronics Vietnam Thái Nguyên (SEVT)

5. Phu Nghia Industrial Park (Hanoi)

   • Area (Phase 1): ~170 ha

   • Focus: Precision machinery, electronics, textiles, interiors

Emerging Industrial Parks Worth Noting

• Stavian Vinh Phuc Industrial Park: Our flagship project, oriented toward a smart, ecological park ready for Industry 4.0.

  

• Stavian Hung Yen Industrial Cluster: A flexible cluster solution offering built-to-suit factories for SMEs.

  

Map of Northern Industrial Parks

Why Northern Industrial Parks Are Attractive to Investors

Northern Vietnam has emerged as a “new global manufacturing frontier” thanks to strong synergistic advantages:

• Strategic geography: Proximity to the large Chinese market, and easy access to international maritime routes via Hai Phong Port.

• Integrated infrastructure: Highways like Hanoi–Hai Phong, Noi Bai–Lao Cai, Noi Bai Airport, and Lạch Huyện deep-sea port form a robust logistics network.

• Abundant labor: Young population with increasing skill levels, making the region a rich source of human capital for tech industries.

• Attractive incentive policies: Many provinces continuously improve the investment climate with tax breaks, land privileges, and transparent regulations.

Investment Opportunities & Policies for Northern Industrial Parks

Attractive Investment Incentives

• Corporate Income Tax (CIT): Preferential rates of 10–17% for 10–15 years; possible full exemption for 2–4 years and 50% reduction for the following 4–9 years.

• Import Tax: Exemptions for machinery, equipment, and materials imported as fixed assets.

• Land Rent: Exemptions or reductions depending on location and investment sector.

Competitive Advantages

• Geographic access: Strategic gateway linking China and global markets.

• Labor resources: Abundant and cost-competitive, increasingly skilled.

• Modern infrastructure: Well-established highway, airport, and port connectivity.

• Political environment: Stable governance, open and transparent investment policies.

Comparing IPs by Industry Sector

Trends for 2025–2030

1. Integration of Industry 4.0: Application of AI, IoT, Big Data in operations, creating smart factory models.

2. Sustainable Development: Ecological parks, circular economy models, and green energy will become standard.

3. Deeper Supply Chain Integration: Northern IPs will become key nodes in global supply chains, leveraging trade agreements like EVFTA, CPTPP.

Emerging Trends in New Industrial Parks in the North

• Larger scale: Many upcoming IPs will span hundreds or even thousands of hectares.

• Strategic expansion: Growth into satellite provinces like Quang Ninh, Thai Nguyen, Bac Giang.

• Modern infrastructure: New parks will embed smart management, stable utilities, and integrated waste treatment.

Ecological Industrial Parks (Eco-Industrial Parks) in Northern Vietnam

Eco-Industrial Parks are a highly sought keyword and a core development direction for Stavian IP. Such parks are not just places of production, but sustainable industrial ecosystems.

• Definition: Parks where companies adopt cleaner production, resource efficiency, and industrial symbiosis.

• Benefits:

  • For business: lower energy & material costs, enhanced brand image, compliance with global green standards

  • For environment: reduced emissions, resource conservation

  • For society: safer, cleaner work environment

At Stavian IP, we build model ecological parks—more than infrastructure, we aim to shape a sustainable industrial ecosystem.

Criteria for Choosing a Suitable Northern Industrial Park

To pick the right “home” for your enterprise, investors should carefully evaluate:

1. Location & connectivity: How far from seaports, airports, expressways?

2. Infrastructure: Quality of electricity, water, telecom, wastewater treatment?

3. Sector compatibility: Does the IP prioritize your industry?

4. Land cost & incentives: Rates, management fees, and investment policies.

5. Local labor supply: Can the local workforce meet your volume and skill needs?

6. Sustainability orientation: Does the developer emphasize green, eco-friendly features?

Stavian Industrial Park: Your Sustainable Development Partner

Stavian Industrial Park JSC is proud to be a developer of the new-generation Industrial Park infrastructure. We offer more than industrial land and factories: we deliver comprehensive solutions and build a sustainable ecosystem for investors.

With flagship projects Stavian Vinh Phuc Industrial Park and Stavian Hung Yen Industrial Cluster, we commit to journeying with your enterprise toward prosperous growth in Vietnam.

Learn more at: “About Stavian IP” page.

Frequently Asked Questions (FAQ) about Northern Industrial Parks

1. Which are the major Industrial Parks in the North?
   Notable ones include: Yen Phong (Bac Ninh), DEEP C (Hai Phong), Thang Long (Vinh Phuc, Hanoi), and various VSIP parks.

2. Which province has the highest number of IPs in the North?
   Bac Ninh, Vinh Phuc, Hai Phong, Hung Yen, and Hai Duong are among the provinces with the densest clusters of Industrial Parks.

3. How much does land rent cost in Northern Industrial Parks?
   It varies widely—from ~$70–80 USD/m² per lease cycle in more remote provinces, to $120–150+ USD/m² in premium locations like Bac Ninh or Hai Phong.

4. What is an Eco-Industrial Park and how does it benefit investors?
   An Eco-Industrial Park is an advanced model emphasizing clean production, resource efficiency, and environmental protection. Its advantages include operating cost reductions, brand value enhancement, and compliance with stringent global standards.

Conclusion

The Northern Industrial Park market is evolving rapidly with abundant opportunities and diverse choices. Understanding the full panorama – from prominent IPs to sustainable trends like eco-parks – is essential for investors making precise decisions.

Contact & Expert Support

Need deeper consultation on selecting a Northern IP? Feel free to connect with our expert team:

• Stavian Industrial Park JSC

• Hotline: +84 79 616 6566

• Address: 5th Floor, Century Tower, Times City, 458 Minh Khai, Vinh Tuy Ward, Hai Ba Trung District, Hanoi, Vietnam

With the strategic potentials inherited from the former provinces of Vinh Phuc, Phu Tho, and Hoa Binh, the newly-established Phu Tho Province is rapidly affirming itself as a key industrial destination in Northern Vietnam. The latest planning emphasizes high technology, supporting industries, processing sectors, and logistics to fully harness this combined advantage.

Overview and Outstanding Investment Advantages of the New Industrial Parks in Phu Tho Province

Phu Tho Province, strategically located in Vietnam’s northern midland region, is emerging as an attractive destination for domestic and foreign investors. With a favorable geographical position, synchronized infrastructure, and preferential policies, Phu Tho’s newly developed Industrial Parks (IPs) offer outstanding advantages for enterprises seeking sustainable and long-term development.

Strategic Location

• Positioned as the gateway connecting the Northern midland and mountainous areas with the Red River Delta, Phu Tho enjoys excellent accessibility.

• The province lies on key transportation routes such as National Highway 2, Noi Bai – Lao Cai Expressway, and transnational railways, facilitating efficient connections to Hanoi, Hai Phong Port, and Lao Cai Border Gate to China.

• This makes Phu Tho an ideal logistics hub for both domestic distribution and international trade.

Modern Infrastructure

• Newly developed industrial parks in Phu Tho are designed with synchronous technical infrastructure, including wide internal roads, stable power supply, water treatment systems, and high-speed telecommunications.

• Proximity to major seaports, airports, and logistics centers ensures cost-effective and timely supply chain operations.

Abundant Labor Resources

• With a population of nearly 1.5 million people and a young, skilled labor force, Phu Tho offers abundant human resources at competitive labor costs.

• The province is home to many vocational training institutions and universities, ensuring a continuous supply of qualified workers for industries such as textiles, electronics, mechanics, and supporting industries.

Strong Government Support

• Phu Tho’s authorities are committed to creating a favorable and transparent investment environment, offering incentives such as corporate income tax exemptions, land rent reductions, and simplified administrative procedures.

• Investors also benefit from supportive policies for high-tech and environmentally friendly projects, aligning with the province’s sustainable development strategy.

Attractive Investment Sectors

• Priority industries for investment include:

  • Textiles and garments

  • Electronics and electrical equipment

  • Mechanical engineering and supporting industries

  • Agro-processing and food industries

• The diversity of sectors allows investors to explore multiple opportunities while benefiting from supply chain synergies.

Major Industrial Parks in Phu Tho Province (2025 Update)

Here is a detailed list of Industrial Parks in Phu Tho as of 2025, with their locations, scales, and key characteristics.

Industrial Parks from Former Vinh Phuc Territory (Now Part of Phu Tho)

The industrial parks that were part of Vinh Phuc before the administrative reorganization are now under Phu Tho. They bring成熟 infrastructure and strong track records.

• Binh Xuyen & Binh Xuyen II: centers for automotive, motorbike industries and supporting sectors.

• Khai Quang Industrial Park: multi-sector, attracts many Japanese and Korean companies.

• Ba Thien & Ba Thien II: focus on high technology, electronics.

• Tam Duong I & Tam Duong II: large scale, with synchronized infrastructure.

• Stavian Vinh Phuc Industrial Park: a key project of ours, located in Thai Hoa commune; planned as an eco-industrial, smart, clean industries and logistics-oriented park.

Industrial Parks from Former Hoa Binh Territory (Now Under Phu Tho)

These parks contribute additional advantages in resources and workforce to the new Phu Tho Province.

• Luong Son Industrial Park: gateway location near Hanoi, attracting electronics, precision mechanics.

• Left Bank of the Da River Industrial Park (“Bo Trai Song Da”): advantage in river logistics and heavy industries.

• Yen Quang Industrial Park: focus on building materials production and mineral processing.

• Lac Thinh Industrial Park: actively calling for investment.

Notable Companies in Phu Tho Industrial Parks

The presence of major firms highlights the strong attractiveness of Phu Tho’s investment environment:

• Electronics & High Technology: Samsung, Foxconn, BYD, Goertek.

• Automotive & Mechanical: Toyota, Honda, Piaggio.

• Textile & Footwear: Suppliers to global brands such as Nike, Adidas.

• Food Processing & Agriculture: Many domestic and foreign firms leveraging the agricultural strengths of the region.

This diversity supports a robust industrial ecosystem ideal for new investors.

FAQ – Frequently Asked Questions about Phu Tho Industrial Parks

1. Are investment procedures in Phu Tho Industrial Parks complex?
   The new Phu Tho Province has implemented a “single connected window” mechanism, greatly simplifying administrative procedures. At StavianIP, we offer full support from A to Z, helping investors complete required formalities quickly.

2. What investment incentive policies are available in Phu Tho’s Industrial Parks?
   Investors will enjoy top-tier incentives according to Government regulations on corporate income tax, land lease fees, import tax, plus additional preferential policies specific to the province.

3. Is the labor supply in the new Phu Tho Province abundant?
   Yes. With a large population following the administrative merger and a network of universities, colleges, vocational schools, the new Phu Tho has a plentiful and high-quality labor force capable of meeting the requirements of high-tech enterprises.

Stavian Vinh Phuc Industrial Park (Now Part of Phu Tho)

A key development led by StavianIP, Stavian Vinh Phuc industrial park is planned to meet international standards, especially for investors looking for modern infrastructure and supportive policies.

• Location: Thai Hoa commune, now in Phu Tho Province. Strategically located between two provincial roads from (former) Vinh Phuc, about 20 km from the former Vinh Yen City; 40 km from Noi Bai International Airport; 60 km from central Hanoi.

• Scale: Total planned area is 281 hectares; Phase 1 covers ~145.27 ha; Phase 2 covers ~137.73 ha.

• Infrastructure & Services:

  • Clean water supply: ~8,000 m³/day-night

  • Power: 110 kV transformer station, capacity ~150 MWh

  • Wastewater treatment capacity: ~4,000 m³/day-night

  • Telecommunication / international-standard fiber optic networks

  • 24/7 security system (CCTV)

  • Supply of LNG gas system for the Industrial Park

• Project Advantages:

  • High-quality infrastructure

  • Ground elevation at 21-28 meters above sea level to help prevent flooding

  • Solid, hard soil foundation to reduce construction costs

  • Wide green belts around the park for environmental safety

  • Lower cost of living and labor in local market

• Investment Incentives:

  • Waiver of annual land rent to the State until end of December 2035

  • Corporate income tax exemption for first 2 years; reduced rate for the following 4 years

  • Import tax exemption for fixed asset imports

• Sectors Attracted:

  1. Construction materials manufacturing

  2. Precision mechanics

  3. Consumer goods: textile & garment (excluding bleaching/dyeing), footwear

  4. Agro-forestry product and food processing

  5. Ready-built factories and rental warehouses

Conclusion

The administrative unification of Phu Tho with former Vinh Phuc and Hoa Binh has opened up a fresh chapter rich with industrial potential. With a diversified system of Industrial Parks, well-connected infrastructure, and investor-friendly policies, Phu Tho is clearly emerging as a “land of promise” for both domestic and foreign investors. StavianIP is committed not only to providing modern industrial infrastructure but also to delivering comprehensive investment solutions.

Welcome dear investors. I am a specialist from Stavian Industrial Park. With many years of consulting and developing industrial infrastructure, I understand that obtaining accurate, full, and in-depth information about an investment location is vital. Hung Yen is emerging as a “bright star” on the Northern industrial map, and in this article, we will provide you with the most panoramic and detailed picture of Hung Yen’s industrial parks.

This article does not stop at just a list. We will analyze why Hung Yen is so attractive, update new industrial park projects in Hung Yen, and furnish observations based on practical experience to help you make the most informed investment decisions.

Why Investing in Industrial Parks in Hung Yen Is a Strategic Choice

Advantages that make Hung Yen industrial parks among the top destinations for both domestic and foreign investors include:

• Golden Gateway Position near the Capital: Hung Yen borders Hanoi, lies within the Northern Key Economic Region. This location enables easy connections to major economic centers, Noi Bai International Airport, and the Hai Phong port complex via expressways such as Hanoi-Hai Phong, and National Highways 5A and 5B.

• Synchronized Transport Infrastructure: The province has been and is heavily investing in infrastructure, ensuring fast and cost-efficient transport of goods and raw materials.

• Abundant Workforce: With a large population and a favorable demographic structure, Hung Yen offers a plentiful, quality workforce that meets the production needs of enterprises.

• Open Investment Environment: Hung Yen provincial leadership is committed to partnering with businesses, offering many attractive incentives, streamlined administrative procedures, and maximizing convenience for investment projects.

List of Hung Yen Industrial Parks Currently Operating (Updated 2025)

Here is a compiled list of industrial parks in Hung Yen that are licensed and currently in operation. They have attracted hundreds of large and small projects and contribute significantly to the province’s economic development.

Detailed Information on Some Key Industrial Parks

Pho Noi A Industrial Park

One of the largest and oldest industrial parks in Hung Yen, Pho Noi A Industrial Park has a strategic position along National Highway 5, serving as a gateway connecting Hanoi – Hung Yen – Hai Phong. With comprehensive infrastructure and a large land fund, this park attracts diverse sectors such as mechanical engineering, electronics, agricultural processing, consumer goods manufacturing, and hosts factories of many large domestic and foreign corporations.

Thang Long II Industrial Park

Invested in and managed by Sumitomo Group from Japan, Thang Long II is a model of a modern, professional industrial park following international standards. It focuses on high-technology projects, especially from Japanese investors in fields like electronic components, precision mechanics, optical equipment. Thang Long II stands out for its perfect technical infrastructure and utilities, clean and green environment.

Minh Quang Industrial Park

Located in My Hao Town, Minh Quang benefits from good transport connections, being close to National Highway 5 and the Hanoi-Hai Phong railway line. This industrial park is planned to attract light industries, low-pollution sectors such as component manufacturing, assembly, textiles, packaging, and other supporting industries.

Yen My Industrial Park (Yen My I)

Yen My Industrial Park is located in the center of Yen My District, and is an important part of the chain of IPs along the new National Highway 39. This park focuses on diversified sectors such as machinery production, electrical equipment, wood processing, construction materials manufacturing, contributing to accelerating industrial growth and economic restructuring locally.

Potential from Industrial Clusters of Hung Yen Province (ICs)

Besides large industrial parks, industrial clusters in Hung Yen play an important role as fertile ground for small- and medium-sized enterprises (SMEs), supporting industries. These clusters tend to be smaller in scale, with more flexible administrative procedures, and are indispensable links in the supply chain.

Notable Industrial Clusters in Hung Yen

Here are some of the industrial clusters that have been and are attracting significant investment in the province:

Featured Project: Stavian Industrial Cluster Hung Yen

As part of Stavian Group’s sustainable development ecosystem, Stavian Industrial Park proudly introduces Stavian Industrial Cluster Hung Yen – a new investment highlight in the province.

• Prime Location: Located in Doan Dao commune, Phu Cu district, right on National Highway 38B, just a 40-minute drive from central Hanoi. This location is extremely favorable for trade connectivity.

• Modern, Synchronized Infrastructure: We plan Stavian industrial cluster to international standards with wide internal roads, a high-capacity wastewater treatment station, stable power supply, and safe fire protection systems.

• Sustainable Development Orientation: The project focuses on clean industries, high technology, environmentally friendly operations, aligning with global development trends.

• Comprehensive Support Services: Stavian Industrial Park commits to accompany investors throughout the process—from legal procedures and licensing to operational support.

Investing in Hung Yen industrial parks, especially a well-planned cluster like Stavian Hung Yen, is a strategic move to get ahead of manufacturing relocation waves and economic growth.

Updated Planning Map of Hung Yen Industrial Parks: Future Outlook

According to approved plans, Hung Yen will continue to expand and develop more industrial parks and clusters. Information about the planning map of Hung Yen shows the province is focusing on developing industrial parks / clusters along major transport axes such as the Hanoi – Hai Phong expressway.

Future industrial park projects in Hung Yen will be planned under a modern, ecological orientation, linking production with services and urban development, to create a high-quality working and living environment for workers and professionals.

Industrial Parks Planned in Hung Yen for 2021 – 2030, Orientation toward 2050

Industrial Parks Already Included in Plans by 2020

Industrial Parks Planned for Expansion by 2030

New Industrial Parks Expected in Plan by 2030

FAQ – Frequently Asked Questions about Hung Yen Industrial Parks

1. How many Industrial Parks does Hung Yen currently have?
   As of 2025, Hung Yen has 17 industrial parks approved by the Prime Minister, covering a total area of more than 4,393 hectares, many of which are already operating steadily as listed above.

2. Which Industrial Park in Hung Yen is the largest?
   Pho Noi A Industrial Park is currently one of the largest and has one of the longest histories of development in Hung Yen, with a total area close to 700 hectares.

3. What investment incentive policies are offered for investing in Hung Yen IPs?
   Investors in Hung Yen’s industrial parks will benefit from incentives on corporate income tax, land lease fees, import tax depending on industry and investment location, under regulations of the Government and special encouragement policies of the province.

4. What is the difference between an Industrial Park (IP) and an Industrial Cluster (IC) in Hung Yen?
   An Industrial Park usually has a large scale (above 75 hectares), is established by decision of the Prime Minister, and attracts large projects. An Industrial Cluster has a smaller scale (under 75 hectares), is decided by the Provincial People’s Committee, and is mainly for small and medium-sized enterprises or relocated businesses.

5. Why choose Stavian Industrial Cluster Hung Yen?
   Stavian Industrial Cluster Hung Yen is a newly planned industrial area in Hung Yen, with strategic location, modern infrastructure, and developed by Stavian Industrial Park – a reputable entity committed to long-term collaboration for investor success.

Conclusion

With outstanding advantages in location, infrastructure, and policies, Hung Yen has been and is affirming its position as a key industrial centre in Northern Vietnam. Choosing to invest in Hung Yen industrial parks at this time is a smart decision to anticipate trends.

We at Stavian Industrial Park believe that with careful preparation and a reliable partner, your investment journey in Hung Yen will reap many successes.

Contact Information

If investors are interested in industrial parks in Hung Yen, especially the Stavian Industrial Cluster Hung Yen, please contact us for in-depth, free consultation and to organize a site visit.

• Stavian Industrial Park Joint Stock Company

• Address: 5th Floor, Century Tower, Times City Urban Area, 458 Minh Khai, Vinh Tuy Ward, Hai Ba Trung District, Hanoi, Vietnam

• Hotline: +84 79 616 6566

• Website: stavianip.vn

Although the supply of ready-built warehouses increased by 31% in 2024, the absorption area in both the North and the South still reached the highest level in the past 3 years.

Occupancy rates increase, rental prices increase accordingly

The Vietnam Industrial Real Estate Highlights Report 2024 by real estate services firm Savills recently released shows that by the end of 2024, the total supply of ready-built warehouses nationwide will reach 15.1 million square meters, up 31% year-on-year. New supply is growing strongly in key provinces.

Of which, the supply in the Southern region reached 10.6 million m2 with the allocation ratio of 49% ready-built factories and 51% ready-built warehouses. In the North, the supply of ready-built warehouses reached 4.5 million m2, accounting for 30% of the total national supply with the allocation ratio of 61% factories and 39% warehouses.

The above developments were also recorded by real estate services firm CBRE. The firm said that in the ready-built factory segment alone, despite the most abundant new supply, the absorption area in both the North and the South still reached the highest level in the past 3 years.

Specifically, the factory occupancy rate in the North reached 88%, up nearly 2% over the same period in 2023, while in the South it grew by nearly 8%, reaching 89%. With ready-built warehouses, the market recorded a large differentiation. Of which, projects in the North maintained a net absorption rate of about 0.2 million m2 – similar to the level of the past two years. Projects in the South had a net absorption rate of up to 0.4 million m2.

CBRE also said that based on leasing requests sent to the company, most industrial warehouse leasing transactions come from large units with investment portfolios spread across provinces and cities.

In particular, the rental demand in the Southern region mainly comes from manufacturers in the furniture, home appliances, electronic equipment, and e-commerce industries. Regarding tenants, Chinese manufacturers account for 25% of rental requests, compared to only 10% in 2023.

In the northern region, rental demand is driven by the logistics, electronics and material manufacturing sectors, with customers mainly coming from China and Vietnamese enterprises. Notably, European and American customers are also actively seeking warehouse and industrial land again, according to CBRE.

Vietnam could become a new global freight hub

Commenting on the market outlook, CBRE forecasts that although new supply in the ready-built warehouse market in both the North and the South will continue to grow positively in the period 2025 – 2027, rental prices in the North are expected to continue to increase by 0 – 4%/year and in the South by 2 – 4%/year.

The vibrant ready-built warehouse market is a positive signal, giving investors and tenants more motivation to consider Vietnam as a suitable destination for investment or business expansion.

Mr. Thomas Rooney, Senior Manager, Real Estate Advisory Services, Savills Hanoi, commented that the demand for ready-built warehouses will increase in the coming time, especially in the context of the strong development of the e-commerce market in Vietnam.

“The e-commerce industry needs large warehouse space to store many items and install systems to support picking and packing activities. International manufacturers expect to have warehouse space to store goods after production. Therefore, investing in infrastructure and logistics systems will strengthen the supply chain for manufacturing enterprises ,” Mr. Thomas Rooney analyzed.

Sharing the same view, Ms. Trang Bui, General Director of Cushman & Wakefield, said that with the development of the e-commerce industry, Vietnam is becoming a destination for many businesses in the manufacturing and logistics sectors, leading to a demand for high-quality logistics real estate.

“Vietnam has the ability to compete with Dubai and Hong Kong (China), even Singapore or Shanghai (China) to become a global freight transit center ,” Ms. Trang Bui assessed.

Businesses increase high-quality supply

A series of industrial infrastructure developers have quickly seized the opportunity by researching and developing warehouses according to the trend of smart, green, and comprehensive services.

Typically, Long Hau Joint Stock Company (stock code LHG) has recently started construction of Phase 2 of the Multi-purpose High-Rise Factory Complex with a scale of up to 30,000 m2 while Phase 1 has achieved an occupancy rate of nearly 100%. This is also the first 9-storey factory complex in Long An province.

Long Hau representative said that the factory complex meets international standards and applies many innovative technologies to increase the capacity of freight elevators, floor loads, wastewater treatment, etc., helping businesses save time and costs during operation. At the same time, this complex is developed synchronously with supporting facilities such as accommodation, dining, etc., creating a closed ecosystem.

Meanwhile, in Bac Ninh province, GELEX Group (stock code GEX) has developed the Industrial Center YP2C project with a scale of 34,500 m2 of ready-built factories and high-quality warehouses. In particular, the integrated ready-built warehouse has a flexible design to meet the individual needs of each customer.

The project also meets LEED (Leadership in Energy and Environmental Design) certification criteria to meet growing customer demands for sustainable development.

Choosing a different approach, Saigon VRG Investment Joint Stock Company (stock code SIP) focuses on developing ready-built factory complexes in key locations, close to the center of Ho Chi Minh City, and targets small and medium-sized enterprises as customers. These factory complexes are also integrated with office blocks and high-standard amenities.

In the coming time, the supply of ready-built warehouses is expected to be more abundant. To increase competitiveness, experts recommend that industrial warehouse investors should apply flexible leasing options, integrate mixed-use functions, and closely support customers in completing procedures and licenses.

(Source: https://tapchicongthuong.vn/kho-xuong-xay-san–hut-khach—gia-thue-du-bao-tang-nhiet-132828.htm)

Stavian Hung Yen Industrial Cluster (trading name), with the full legal name Quan Do Industrial Cluster is located in Doan Dao commune, Phu Cu district, Hung Yen province. The project has a total area of 66.5 hectares and the infrastructure renting and land using right period is until 2074.

Stavian Vinh Phuc Industrial Park, (legally known as Thai Hoa – Lien Son – Lien Hoa Industrial Park (Area II – Phase I) in Lap Thach district, Vinh Phuc province, has a total land area of 145.27 hectares for Phase 1 development with infrastructure leasing and land using right term from 2021 – 2071 (50 years)