Ho Chi Minh City (HCMC), the largest economic center of Vietnam and a vital gateway to Southeast Asia, offers numerous opportunities for sustainable business growth. The industrial parks in HCMC for land leasing are meticulously planned, with modern infrastructure, reliable security, and international standard production amenities. The strategic location, close to major transport routes and seaports, enables businesses to optimize transportation costs and scale up rapidly.
Additionally, with a highly skilled labor force and a dynamic business environment, HCMC is an ideal choice for companies looking to maximize production potential, improve product quality, and achieve long-term growth. Leasing land in HCMC's industrial parks not only saves initial costs but also lays a solid foundation for long-term development.
1. Prime Location
Ho Chi Minh City (HCMC), the largest economic center in Vietnam, boasts a developed industrial park system and plays a strategic role in attracting investment. The land lease projects in the city's industrial parks are highly regarded due to their prime location and comprehensive transportation connectivity.
These industrial parks are often located along major transportation routes. Notable examples include Tan Binh industrial park, Hiep Phuoc industrial park, and Linh Trung industrial park, which are situated on or near key highways such as National Route 1A, Vo Van Kiet Boulevard, and the HCMC-Long Thanh-Dau Giay Expressway. This connectivity makes it easy for businesses to access domestic markets and the Southern Vietnam region.
HCMC is well-connected to major international seaports like Cat Lai Port and Hiep Phuoc Port, as well as Tan Son Nhat International Airport – a vital trade gateway for the country. industrial parks within the city are typically within 10 to 30 km of these ports and the airport, optimizing transportation time and costs.
Currently, HCMC's government is implementing several large infrastructure projects, including the Ben Thanh-Suoi Tien metro line, Ring Road 3, and regional expressways. These developments promise to further enhance the connectivity of the city's industrial parks with neighboring provinces and other key economic centers.
2. High Population and Minimum Wages in Industrial Parks in Ho Chi Minh City
HCMC has the largest population in Vietnam, with a high population density concentrated mostly in urban areas. The city's population is becoming younger, with a significant proportion of people in the working-age group. This provides a strong advantage for economic development, creating an abundant and potential labor force. Additionally, HCMC attracts a large number of immigrants from other provinces, contributing to the diversity of culture, education, and industries in the workforce.
The labor market in HCMC is dynamic and competitive, with a wide variety of industries, ranging from traditional sectors such as manufacturing, trade, and services to high-tech industries, finance, and banking. The demand for recruitment is always high, offering many job opportunities for workers. The workforce in HCMC has a relatively high level of education and skill compared to the national average, with a large number of workers holding university and postgraduate degrees. This meets the increasing demands of both domestic and international businesses.
As for the minimum wage, according to the Government's Decree, from July 1, 2024, HCMC will apply the following minimum wage rates:
These minimum wages apply to workers employed under labor contracts, ensuring basic rights for workers and providing favorable conditions for businesses in labor cost planning. With a plentiful and diverse labor force and clearly defined minimum wage rates, HCMC creates a favorable environment for businesses seeking land rental in industrial parks, making it easier to recruit and maintain a high-quality workforce while optimizing operational costs.
3. Tax Incentives for Businesses Leasing Land in Industrial Parks in Ho Chi Minh City
HCMC is a major economic hub in Vietnam, with a well-developed system of industrial parks and attractive tax incentives that create favorable conditions for businesses to lease land and invest.
With these diverse and appealing tax incentives, HCMC creates a favorable environment for businesses leasing land in industrial parks, boosting production activities and contributing to the city's economic development.
4. Diverse Industries In HCMC Industrial Parks for Rent Main Industries enting Land in Industrial Parks in Ho Chi Minh City
Industrial park land leasing projects in HCMC focus on attracting investment in advanced, modern, and environmentally friendly projects with large scales and high added value. These projects aim to participate effectively and competitively in the value chain. Examples include:
1. Land for Rent in Tan Thuan Export Processing Zone
The Tan Thuan Export Processing Zone land leasing project is strategically located with a convenient transportation network, making it easy for businesses to connect with nearby districts such as District 1, District 3, District 4, and other surrounding areas via major roads like Nguyen Luong Bang, Nguyen Van Linh, Tan Trao, Pham Van Nghi, Nguyen Huu Tho, and more.
The land in the Tan Thuan Export Processing Zone has become an ideal hub for industries such as mechanical engineering, electronics, and high-tech sectors.
With attractive tax incentives and a large leasing land area, Tan Thuan Export Processing Zone not only attracts domestic enterprises but also serves as an ideal destination for international investors looking to expand production and export operations in Vietnam.
2. Land for Rent in Tan Phu Trung Industrial Park
Invested by Saigon Northwest Urban Development Joint Stock Company, Tan Phu Trung Industrial Park is located right on Highway 22, part of the Trans-Asia Highway project connecting Ho Chi Minh City with Cambodia, creating favorable conditions for import-export activities and international trade.
The land for lease here has an area of 543 hectares, of which 359 hectares are used as industrial land. The land use period lasts until 2053 and attracts investment in many key industries such as: mechanics, electronics, information technology, processing, ...
With the advantages that Tan Phu Trung Industrial Park land brings, businesses can quickly access quality human resources, ensuring production development, economic growth and moving towards new roles in the future.
3. Land for Lease in Saigon High-tech Park
The project is located right next to Hanoi Highway, providing easy access to the city center and neighboring provinces like Binh Duong and Dong Nai, offering numerous business and collaboration opportunities for companies.
Moreover, it is strategically positioned in the heart of 42 industrial parks and export processing zones within the key economic region of the South, creating a robust network of suppliers and customers for businesses leasing land at the Saigon High-Tech Park.
With a vast land area of 913 hectares, the park primarily serves industries such as information technology, telecommunications, biotechnology, and more.
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.
