Hung Yen – one of the emerging industrial hubs in Northern Vietnam – stands out for its strategic geographical location, robust technical infrastructure, competitive costs, skilled workforce, and transparent, open investment environment, all of which create favorable conditions for sustainable development. These factors make the factory rental market in Hung Yen a top choice for businesses seeking optimal production spaces at reasonable costs with significant growth potential.
1. Hung Yen - A Vibrant Economic Intersection, an Ideal Investment Destination
Located at the heart of the economic triangle of Hanoi - Hai Phong - Quang Ninh, Hung Yen boasts a strategic geographical advantage, offering seamless connectivity to major consumer markets and highly developed economic zones. Thanks to its strategic linkages, Hung Yen is emerging as an ideal destination for both domestic and foreign investors.
Positioned within Northern Vietnam’s key economic region, Hung Yen connects directly with developed provinces such as Bac Ninh, Hai Duong, Thai Binh, and, most notably, the capital city of Hanoi, unlocking significant opportunities for businesses.
With all these advantages, Hung Yen is an ideal destination for investment projects, particularly in industrial development, manufacturing, and factory rentals. The province presents tremendous opportunities for businesses to expand production, connect with large consumer markets, and enhance their competitive edge.
2. Infrastructure is Prioritized for Connectivity
Hung Yen is actively mobilizing all resources to develop infrastructure, focusing on a synchronized, modern transportation network that is closely connected to major economic centers and key transport hubs. The province's strategic location within the Northern Key Economic Zone and the Red River Delta provides favorable conditions for trade and economic growth. Highways, national roads, seaports, and airports in the region enhance connectivity between Hung Yen and major provinces, driving investment and business activities.
At the same time, Hung Yen is adjusting and rationally allocating industrial space to align with the socio-economic development of each area. These policies optimize the growth potential of districts, towns, and cities, enabling businesses to easily expand production and improve operational efficiency.
3. Areas Specializing in Factory Rentals in Hung Yen
Hung Yen is currently one of the fastest-growing industrial provinces in Northern Vietnam, boasting numerous large-scale and modern industrial parks. These parks are primarily concentrated in five districts:
My Hao District: A major industrial hub with Pho Noi A and Pho Noi B Industrial Parks, offering flexible factory rental spaces that cater to various industries such as electronics, mechanical engineering, and manufacturing.
Van Lam District: Known for Thang Long II Industrial Park, an attractive destination for high-tech and manufacturing enterprises due to its modern infrastructure and convenient transportation.
Yen My District: Home to Yen My and Yen My II Industrial Parks, which attract businesses in food processing, textiles, and electronic component manufacturing, offering diverse rental options at reasonable costs.
Khoai Chau District: Giang Dien Industrial Park stands out as a highlight in the area, providing modern factory rentals suitable for manufacturing and electronics industries.
Kim Dong District: Developed with modern industrial parks, Kim Dong is drawing numerous businesses in production and processing sectors.
The industrial parks in these districts feature synchronized infrastructure, convenient transportation, and attractive incentive policies, making them ideal choices for businesses seeking factory rentals in Hung Yen.
4. Diverse Industries in Hung Yen Factories for Rent
Hung Yen is attracting substantial investment from various industries, leveraging its strategic location and modern infrastructure. Key industries include: electronics and high technology, food processing, textiles and consumer goods, automobile manufacturing and components, mechanical engineering and machinery, chemicals and construction materials, logistics and warehousing, and home appliance production.
1. Factory for Rent Core5 - Minh Duc Industrial Park
Core5 Factory - Minh Duc Industrial Park, Minh Duc Commune, My Hao District, Hung Yen Province, is strategically located with convenient transportation connections. The Hanoi - Hai Phong - Quang Ninh expressways provide strong links to key economic regions:
The project has a total floor area of 71,857 m², offering ready-built factory spaces divided into 3 blocks: A1, A2, and A3. Each factory has a net area of 2,412 m², with a minimum rental requirement of 2,240 m². The factories feature a 9-meter ceiling height, a 2-ton/m² load capacity, and come with mezzanine offices (228 m² or 294 m²). Restrooms are fully equipped, and additional modifications to auxiliary facilities can be negotiated.
Industries attracting investment here include:
With modern infrastructure and a convenient location, the Core5 factories at Minh Duc Industrial Park are an ideal choice for businesses in manufacturing and logistics.
2. Frasers Factory for Rent in Yen My Industrial Park, Hung Yen
Frasers factories at Yen My Industrial Park, Hung Yen Province, are among the prominent industrial real estate projects developed by Frasers Property Vietnam, a reputable investor. This project has garnered significant attention from both domestic and foreign investors due to its outstanding advantages in location and infrastructure.
Located in Tan Lap Commune, Yen My District, this industrial park offers convenient connections to major provinces such as Hanoi, Hai Phong, and other northern provinces through National Road 5A and the Hanoi - Hai Phong Expressway. Its proximity to seaports and international airports is a key factor in reducing logistics costs, providing a competitive advantage for businesses:
Frasers factories offer a total floor area of 265,000 m², currently under construction and expected to be completed in 2024. With modern design, an 8-meter ceiling height, and a 3-ton/m² floor load capacity, the factories meet the production needs of various industries. Rental spaces are flexible, starting from 1,000 m², suitable for small and medium-sized businesses, with a net area of 3,372 m², providing spacious and optimized production spaces.
Contact RSQUARE today for more information and advice on industrial parks and factory rentals in Hung Yen.
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
© RSQUARE Co., LTD (주)알스퀘어. All rights reserved.
RSQUARE Co., LTD
Phone: +84-28-3636-9641 (English, Vietnamese), +82-2-6925-3298 (Korean) E-mail : support@rsquare.vn
© RSQUARE Co., LTD (주)알스퀘어. All rights reserved.
