Ho Chi Minh City (HCMC) is the largest economic hub and the main driver of Vietnam's economy, offering significant advantages for various sectors. Its strategic geographic location is one of the most important factors. Situated in the southern part of the country, HCMC serves as a gateway connecting to Southeast Asian countries, particularly through Vietnam’s largest seaport, Saigon Port, and Tan Son Nhat International Airport. This provides favorable conditions for import-export activities and logistics. 


With strong support from the government and continuously improving infrastructure, factory rental projects in HCMC’s industrial zones remain attractive to both domestic and foreign investors. These areas offer a business environment full of potential and sustainable development opportunities for enterprises. All these factors collectively create a solid advantage for HCMC in driving the comprehensive development of Vietnam's economy.

Outstanding Advantages of Renting Ho Chi Minh City (HCMC) Factories 

1. The Attraction of Ho Chi Minh City's Geographical Location

Ho Chi Minh City (HCMC) is the largest city in Vietnam by population and serves as the country’s economic, entertainment, and one of the two main cultural and educational centers. It is a centrally governed city classified as a special urban area, located in the transitional region between the Southeast and Southwestern regions.


Administratively, the city consists of 16 districts, 1 city, and 5 rural districts, with a total area of 2,095 km².

  • To the north, it borders Binh Duong province.
  • To the west, it borders Tay Ninh province and Long An province.
  • To the east, it borders Dong Nai province and Ba Ria-Vung Tau province.
  • To the south, it borders the East Sea and Tien Giang province.

Located in the southern part of the Southeast region, HCMC is 1,730 km from Hanoi by road, and the city center is 50 km from the East Sea as the crow flies. With its strategic position in the heart of Southeast Asia, the city serves as a crucial transportation hub by road, water, and air, connecting provinces in the region and acting as an international gateway.


With its favorable geographic location, this once-called "Pearl of the Far East" has become a commercial center and a melting pot of various ethnic groups, each with its own beliefs and cultural traits, contributing to the city’s rich and diverse culture. This is why HCMC is always considered the optimal choice for investors and businesses seeking sustainable development opportunities in the region, especially in the search for and rental of factory space in the city.


2. Diverse Transportation System in Ho Chi Minh City

Thanks to its favorable natural conditions, Ho Chi Minh City has become a key transportation hub in Vietnam and Southeast Asia, driving socio-economic development. The city’s transportation system includes a variety of transport modes:

2.1. Road Transportation

The dense road network, consisting of national highways, provincial roads, urban roads, and an expanding and upgrading system of expressways, overpasses, and tunnels, continues to grow. However, traffic congestion remains a major challenge.


Currently, the city is connected to other regions via two main expressways: the Ho Chi Minh City - Long Thanh - Dau Giay Expressway and the Ho Chi Minh City - Trung Luong Expressway. Additionally, national highways and gateway expressways have been significantly expanded, such as the Nguyen Van Linh Boulevard, Hanoi Highway, and the East-West Highway with the Thu Thiem Tunnel over the Saigon River. The city has also invested in major bridges to reduce traffic volume to the outskirts, including the Phu My Bridge, Sai Gon 2 Bridge, and Thu Thiem Bridge.


The city has two inter-provincial bus stations located at key entry points: the Eastern and Western regions, as well as several auxiliary bus stations in District 8, An Suong, and Ga Intersection. The network is capable of handling large volumes of vehicles and passengers traveling to the South Central Coast, Central Highlands, Southeast, and Mekong Delta regions.

2.2. Rail Transportation

Ho Chi Minh City is the starting point of the North-South railway, connecting to other provinces across the country. The city currently has two main stations: Song Than and Saigon, along with smaller stations such as Di An, Thu Duc, Binh Trieu, and Go Vap.


Additionally, the metro system is being constructed and gradually put into operation, which is expected to significantly alleviate public transportation congestion.

2.3. Water Transportation

With its extensive network of rivers, Ho Chi Minh City has developed a strong water transport system, serving both cargo and passenger transportation.


The city currently operates an inter-provincial passenger waterway service, connecting the Nha Rong Port with the Cau Da Port in Vung Tau City. There are also about 50 ferry terminals serving passenger traffic, with the largest being the Cat Lai Ferry, which connects Thu Duc City with Nhon Trach District in Dong Nai Province.


This area is home to four major seaports: Saigon, Ben Nghe, Nha Be, and Tan Cang, along with river ports like Binh Dong, Tan Thuan, Ton That Thuyet, Binh Loi, and Binh Phuoc. Among these, Saigon Port is one of the largest in Vietnam, handling 25% of the total cargo volume through seaports nationwide.

2.4. Air Transportation

Tan Son Nhat Airport is not only a departure and arrival point for millions of domestic and international tourists every year but also an important transit hub for Southeast Asia. The airport services a wide range of flights, from domestic to international, connecting Ho Chi Minh City with most major cities across Vietnam and hundreds of international destinations across continents. The presence of numerous renowned international airlines at Tan Son Nhat further solidifies the airport's critical role in the global aviation landscape.


The enormous passenger traffic at Tan Son Nhat each year is a clear testament to the airport's key role in driving economic development, tourism, and international trade for Ho Chi Minh City in particular and Vietnam in general. The airport not only facilitates the movement of people but also contributes significantly to attracting foreign investment, creating jobs, and enhancing Ho Chi Minh City's global standing.


In particular, with its strategic location near Tan Son Nhat Airport, factory rental areas in Ho Chi Minh City, especially in industrial zones such as Tan Binh, District 12, Cu Chi, and surrounding areas, are ideal for businesses looking to optimize their logistics and increase international trade opportunities. The quick connection to Tan Son Nhat Airport helps businesses save time and transportation costs, offering a competitive advantage in global imports, exports, and business operations.


3. Destination for Attracting High-quality Human Resources

Ho Chi Minh City is the most populous region in Vietnam, with a high population density, predominantly concentrated in urban areas. The city's population is increasingly youthful, with a significant proportion of people in the working-age group. This is a major advantage for economic development, providing a plentiful and promising workforce. Additionally, Ho Chi Minh City attracts a large number of migrants from other provinces, contributing to the diversity in culture, education, and professions of the labor force.


4. Key Areas for Factory Rentals in Ho Chi Minh City

Ho Chi Minh City is one of the most vibrant economic centers in Vietnam, attracting a large number of both domestic and international businesses for investment in production. The demand for factory rentals here remains high, particularly in industrial zones located in areas with significant advantages in geography, transportation infrastructure, labor resources, and favorable investment policies. Notable areas include:


Thu Duc City: Formed from the merger of District 2, District 9, and Thu Duc District, Thu Duc City has emerged as an economic, technology, and innovation hub of Ho Chi Minh City. This area features modern transportation infrastructure, with convenient connections to neighboring regions and seaports. Thu Duc City hosts many large industrial zones and export processing zones, offering a diverse range of rental factory options, from ready-built factories to custom-built ones. The factory sizes are varied to meet the needs of different types of businesses. Rental prices in Thu Duc City are slightly higher than other areas, but businesses benefit from the strategic location, modern infrastructure, and favorable business environment.


Cu Chi: Located in the northwest of Ho Chi Minh City, Cu Chi offers a large land area with relatively affordable factory rental prices. Cu Chi is suitable for medium and small-scale manufacturing businesses that do not require prime locations or extensive transportation access. The area is gradually seeing infrastructure development, which promises to make it an attractive destination for businesses in the future.


District 7: District 7 is a modern urban area with many high-end residential complexes. With the development of the Tan Thuan Export Processing Zone, District 7 provides a variety of factory rental options with diverse floor areas and reasonable costs, suitable for businesses in services, e-commerce, or light manufacturing.



5. Diverse Industries in Bac Ninh Factories for Rent 

Factory rental models in Ho Chi Minh City focus on attracting investments in large-scale projects utilizing advanced, modern, and environmentally friendly technologies with high added value. These include industrial projects producing key products that can effectively participate and compete in the value chain. Examples include:

  • Development of artificial intelligence, big data, blockchain, cloud computing, the Internet of Things (IoT), electronic-telecommunication devices, and semiconductor design and manufacturing.
  • Industries based on 4.0 technology, microelectronics, semiconductors, and information technology.
  • Automation, precision mechanics.
  • New materials, pharmaceuticals, biotechnology, high-tech agriculture, environmental technology, and clean energy.
  • Consumer goods manufacturing.
Top 3 Modern Factories for Rent in Ho Chi Minh City

1. SHTP Factory for Rent in Saigon Hi-Tech Park

  • Address: Tan Phu Ward, District 9, Ho Chi Minh City.
  • Rental price: $6.7 - $8.7 USD / m² (excluding VAT).

SHTP factory - Saigon Hi-Tech Park is located right next to Hanoi Highway, one of the main routes in the area, providing convenient traffic connections. From here, customers can quickly move to the city center and neighboring provinces such as Binh Duong, Dong Nai, opening up many opportunities for cooperation and business.

  • Distance from Ho Chi Minh City center: 15 km.
  • Distance from Cat Lai port: 4 km.
  • Distance from Tan Son Nhat airport: 18 km.

With a usable floor area of up to 5,478,000 m², a ceiling height of 7.5 m and a floor load of 2 tons/m², SHTP factory meets the needs of high-tech production and research. After more than 20 years of development, SHTP has become a trusted destination for businesses in the fields of:

  • Microelectronics, Information Technology, Telecommunications.
  • Precision Mechanics, Automation.
  • Biotechnology, Pharmaceuticals, Environment.
  • New Energy, New Materials, Nanotechnology.

SHTP - Saigon Hi-Tech Park continues to be the top choice for investors in the high-tech sector in Ho Chi Minh City and Vietnam.


2. Linh Trung 1 Factory - Linh Trung Export Processing Zone 1

  • Address: Linh Trung Ward, Thu Duc City, Ho Chi Minh City.
  • Rental price: $5.5 - $7.5 USD / m² (excluding VAT).

Linh Trung 1 Factory for rent - Linh Trung Export Processing Zone 1 owns a prime location, located right on National Highway 1A, near the major intersection of Thu Duc District. This area is also notable for the concentration of many schools, commercial areas and urban areas, providing an abundant labor force and rich potential customers for businesses.


The project was built in 2019, with a total floor area of up to 360,000 m², a structure of 7 floors and a ceiling height of 5.8 m. The premises here are flexibly divided, meeting the diverse business needs of businesses.


Linh Trung 1 factory for rent - Linh Trung 1 Export Processing Zone currently focuses on main industries such as: Mechanics, electricity - electronics, consumer goods production, export, processing and construction materials.


3. TTC factory for Rent in Tan Thuan Export Processing Zone, District 7

  • Address: Tan Thuan Dong Ward, District 7, Ho Chi Minh City.
  • Rental price: $8 - $10 USD / m² (excluding VAT).

TTC factory - Tan Thuan Export Processing Zone has a strategic location with convenient traffic connections, helping businesses renting factories easily move to central districts such as District 1, District 3, District 4 via major routes such as Nguyen Luong Bang, Nguyen Van Linh, Tan Trao, Pham Van Nghi and Nguyen Huu Tho.


With a distance of only 5 minutes to Ben Nghe port, businesses at TTC can significantly save on domestic freight costs.

Built in 2023, TTC currently provides a total floor area of up to 12,000,000 m², each floor has an area of about 5,000 m². With flexible design, the factories here meet the diverse needs of businesses of many different scales.


TTC Factory Rental Area - Tan Thuan Export Processing Zone is an ideal destination for industries such as:

  • Software development, Processing and manufacturing.
  • Information technology and Biotechnology.
  • High-tech supporting industry, Electronics industry.
  • Research and Development.
  • E-commerce.
  • Chip and semiconductor manufacturing.
  • Engineering design.
  • High value-added industries and services.

TTC factory is the optimal choice for businesses looking for a space for sustainable and effective development.

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