In recent years, Nghe An Province has proactively reviewed and added more industrial land to increase land access opportunities for investors. With an increasingly enhanced infrastructure system and attractive investment policies, Nghe An is becoming an ideal destination for both domestic and foreign businesses. The industrial parks in the province not only offer great development potential but also create golden opportunities for investors to expand production and enter the central market. As a result, the industrial land leasing market in Nghe An is experiencing strong growth, promising many new opportunities for businesses seeking a favorable and sustainable business environment.

Outstanding Advantages of Renting Nghe An Industrial Parks 

Nghe An real estate market is experiencing clear fluctuations, bringing both opportunities and challenges to investors.

1. Geographic Location

Nghe An, with an area of 16,490 km², is the largest province in Vietnam and holds a strategically important position in the North Central region.


  • To the north, it borders Thanh Hoa Province.
  • To the south, it borders Ha Tinh Province.
  • To the east, it has over 82 km of coastline.
  • To the west, it shares a 419 km border with Laos.

These factors make Nghe An a crucial hub for trade and economic development, not only within the region but also internationally.


Thanks to its position as an international gateway, particularly through National Route 7 and the Nam Can border gate, Nghe An has a strategic advantage in connecting easily with large domestic and international markets.


Vinh City, the economic and political center of the province, serves as an important transportation hub, offering convenient connections to other areas via road, rail, air, and seaport networks.


This strategic location not only lays a solid foundation for the economic development of Nghe An but also expands the potential for international cooperation, enhancing trade and attracting investments from both domestic and foreign partners.



2. Infrastructure in Nghe An Province Contributes to the Development of the Industrial Land Leasing Market

Nghe An is actively developing modern infrastructure to meet the growing economic and social demands. The province’s diverse transportation system, including road, rail, air, and sea, plays a key role in connecting Nghe An with domestic and international regions.


Roads: Nghe An has a well-developed network of national and provincial roads, including National Route 1A and the Ho Chi Minh Road, which connect the province to major economic centers across the country. In particular, National Routes 7 and 48 provide important trade routes with Laos, promoting cross-border economic activities.


Railways: The North-South railway line runs through Nghe An, with major stations such as Vinh and Dien Chau, facilitating the transportation of goods and passengers not only within the province but also to other regions nationwide.


Air Travel: Vinh International Airport is a highlight of the province's transportation infrastructure, offering domestic and international flights connecting Nghe An to major cities such as Hanoi, Ho Chi Minh City, and Southeast Asian countries.


Seaports: Cua Lo Port is a key seaport, serving imports and exports, particularly in the industrial and agricultural sectors. This port is undergoing upgrades to meet the increasing transportation demands.


In addition to transportation projects, Nghe An is focusing on developing industrial zones (industrial land leasing) and economic zones, notably the Southeast Economic Zone and industrial zones such as VSIP Nghe An. These areas are equipped with modern infrastructure and are attracting numerous large investment projects, both domestic and international.


Furthermore, the province’s telecommunications and energy systems are being upgraded to ensure a stable power supply and high-quality telecommunication services, creating favorable conditions for the future economic and social development of Nghe An.


3. Nghe An Focuses on Human Resources to Drive Economic Growth

With the rapid development of projects in Nghe An, the demand for labor, especially in industries such as textiles and electronics, is increasing, providing numerous job opportunities. Currently, the province has approximately 14,050 businesses, with an annual recruitment demand of 35,000 to 40,000 workers.


Recognizing the importance of human resources for economic and social development, Nghe An has focused on creating development policies and incentive mechanisms to attract and develop a high-quality labor force.


Nghe An not only creates favorable conditions for people to develop production, establish businesses, and set up industrial zones, but also emphasizes the connection between labor supply and demand. The province cooperates with localities to form a labor supply chain, assisting workers in finding employment more effectively.


Local authorities regularly review the recruitment needs of businesses and the job-seeking demands of workers, as well as connecting labor supply and demand centers. Workers are encouraged to register for job search services through free counseling and employment services at the provincial centers.


With over 1.62 million workers, accounting for 47.5% of the population, Nghe An boasts a large, young labor force that is conducive to improving professional skills and adopting technological advancements. The rate of vocational training has been steadily increasing, particularly in industries, construction, and services, aligning with the province's trend of labor structure transformation.


Nghe An currently ranks second out of 14 provinces in the North Central region in terms of labor force size. According to the Director of the Department of Labor, War Invalids, and Social Affairs, Doan Hong Vu, human resources are a key factor in the province's economic and social development. Therefore, the province has implemented policies for human resource development, vocational training, and job creation, always focusing on connecting labor supply and demand both within and outside the province, as well as with international labor markets.


In addition, Nghe An has strengthened the organization of mobile and online job fairs and supports workers in returning to work using public or private transportation, creating favorable conditions for the labor supply and demand connection.


4. Regional Minimum Wage in Nghe An Province

Vinh city, Cua Lo town and Nghi Loc and Hung Nguyen districts of Nghe An province:


  • For monthly minimum wage: VND 4,160,000/month.
  • For hourly minimum wage: VND 20,000/hour.


Quynh Luu, Yen Thanh, Dien Chau, Do Luong, Nam Dan, Nghia Dan districts and Thai Hoa and Hoang Mai towns of Nghe An province:


  • For monthly minimum wage: VND 3,640,000/month.
  • For hourly minimum wage: VND 17,500/hour.


The remaining districts include: Anh Son, Con Cuong, Ky Son, Que Phong, Quy Chau, Quy Hop, Tan Ky, Thanh Chuong, Tuong Duong districts of Nghe An province:


  • For monthly minimum wage: VND 3,250,000/month.
  • For hourly minimum wage: VND 15,600/hour.
 Top 2 Industrial Park Land Leasing in Nghe An Province 

1. WHA IZ 1 Nghe An Industrial Park

WHA IZ 1 – Nghe An Industrial Park, located in the Southeast Economic Zone, is one of the largest industrial parks in the North Central region, offering international-standard infrastructure. This industrial park is designed to connect production, manufacturing, and distribution centers to meet domestic and international market demands. With a phase 1 area of up to 498 hectares, WHA IZ 1 – Nghe An provides modern infrastructure and serves as an ideal location for the development of industrial projects, residential areas, and commercial hubs, thanks to the special incentive policies of the Southeast Economic Zone.

Convenient location:


  • Distance to Cua Lo International Port: 11-17 km.
  • Distance to Cua Lo Beach: 14 km.
  • Distance to Vinh Railway Station: 17 km.
  • Distance to Vinh City Center/Vinh Airport: 18 km.

With its strategic location and convenient transportation, WHA IZ 1 – Nghe An is the ideal choice for investors looking to expand production and connect with both domestic and international markets.


2. VSIP Nghe An Industrial Park - The Ideal Destination for Investors

VSIP Nghe An Industrial Park is a modern, state-of-the-art industrial park in Nghe An Province, attracting investors to both Nghe An and the North Central region in general as a hub for industrial projects. It is strategically located:


  • Distance to Vinh City Center: 7.8 km.
  • Distance to Hanoi Capital Center: 296 km.
  • Distance to Vinh Airport: 6 km.
  • Distance to Noi Bai International Airport in Hanoi: approximately 322 km.
  • Distance to Nghi Son Deep-water International Port, Thanh Hoa: 93 km.


VSIP Nghe An Industrial Park is not only developed with modern infrastructure but also provides investors with a safe and stable investment environment, offering long-term land leasing opportunities, a professional property management system, and customer care services aimed at ensuring maximum satisfaction for investors.

RSQUARE : Your Expert Real Estate Advisor

RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities.

E mail : support@rsquare.vn
Phone : +84-28-3636-9641(VN,EN)
               +84-2-6925-3928(KR)

RSQUARE : Your Expert Real Estate Advisor

RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities.

E mail : support@rsquare.vn
Phone : +84-28-3636-9641(VN,EN), +84-2-6925-3928(KR)


RSQUARE Co., LTD 
Phone: +84-28-3636-9641 (English, Vietnamese), 
+82-2-6925-3298 (Korean)
E-mail : support@rsquare.vn

     

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RSQUARE Co., LTD 
Phone: +84-28-3636-9641 (English, Vietnamese), +82-2-6925-3298 (Korean)         E-mail : support@rsquare.vn