Quang Minh IP - Hung Yen
Thuong Hong ward, Hung Yen
Developer
VID.HUNGYEN
Minimum wage
Zone 2
Tax incentives
Free 2 years, 50% reduction for the next 4 years
Occupancy Rate
70%

Industrial Amenities

  • RBF - WH

Location

Leasing information
🏭 Minh Quang Industrial Park – Hung Yen

Free Industrial Land Leasing & Investment Consultation – SEE THE SPACE | STS Industrial

Located in the northeastern region of Hung Yen Province, right next to National Highway 5 (Hanoi – Hai Phong Expressway), Minh Quang Industrial Park enjoys a strategic location that enables seamless connectivity to both domestic and international markets.
With a large clean-land reserve and synchronized technical infrastructure, the park provides an ideal foundation for the development of factories, warehouses, and manufacturing plants.
Minh Quang Industrial Park is designed for long-term growth and sustainable development, attracting major investors such as Ajinomoto, Honda, Hitachi Cable, Iriso, and Meiko.

1. Project Overview
  • Project name: Minh Quang Industrial Park – Hung Yen
  • Location: Thuong Hong Ward, Hung Yen Province
  • Total planned area: ≈ 153.7 ha
  • Industrial leasable area: ≈ 111 ha
  • Developer: VID Hung Yen Joint Stock Company
  • Land use term: Until 2058

Key target industries:

  • Electrical, electronic, and refrigeration equipment manufacturing and assembly
  • Paper and packaging production
  • Agro-forestry and food processing
  • Consumer goods manufacturing
  • General light industries and other clean industrial sectors
2. Location & Transportation Connectivity

Minh Quang Industrial Park borders National Highway 5 (Hanoi – Hai Phong), the major arterial route of Northern Vietnam.
Hung Yen serves as the eastern gateway of Hanoi, with 23 km of National Highway 5A and over 20 km of the Hanoi – Hai Phong railway line running through it.

Distances:

  • Hai Phong City – 40 km (≈ 45 min)
  • Hanoi Center – 38 km (≈ 45 min)
  • Noi Bai International Airport – 55 km (≈ 1 h)
  • Hai Phong Port – 65 km (≈ 1 h 5 min)
  • Chinese border gate – 174 km

These advantages help reduce logistics costs, streamline transportation of materials and finished products, and maximize supply-chain efficiency for investors.

3. Infrastructure & Investment Environment

Minh Quang Industrial Park has attracted numerous domestic and foreign projects thanks to its modern, synchronized infrastructure.

  • Land readiness: All industrial plots are leveled and ready for immediate construction.
  • Internal roads: Main roads 28 m wide; branch roads 22.5 m – ensuring easy truck and container access to each factory.
  • Telecommunication: International standards infrastructure with high-speed data transmission.
  • Security: Professional management system with 24/7 monitoring.
  • Power supply: New 110 kV substation with 120 MVA capacity, providing stable power for all operations.
  • Water supply: Industrial water plant capacity ≈ 5,100 m³/day.
  • Wastewater treatment: Central treatment plant capacity ≈ 3,400 m³/day, output meeting Column A standards before discharge.
  • Human resources: Hung Yen offers a large, young, and skilled labor force at competitive wage levels.
4. Land Lease Price & Incentives (Reference)

Pricing and terms may vary by plot size, industry type, and timing. Contact STS Industrial for the latest rates.

  • Land lease price: ≈ USD 140 / m² (lifetime term)
  • Tax incentives: 100 % Corporate Income Tax exemption for the first 2 years and 50 % reduction for the next 4 years
  • Other fees: Infrastructure management, water supply, and wastewater treatment fees are negotiable based on project scale.
5. Why Choose Minh Quang Industrial Park (Hung Yen)?

📍 Prime Location – At the Heart of the Northern Economic Triangle

  • 35 km from Hanoi, 65 km from Hai Phong Port, 70 km from Noi Bai Airport.
  • Direct connection to National Highway 5 (Hanoi – Hai Phong).
  • Ideal for export-oriented industries and logistics optimization.

⚙ Ready Infrastructure – Build Immediately

  • Fully completed road network, power, water, telecom, and waste treatment systems.
  • 110 kV power station ensures stable electricity for heavy and auxiliary industries.
  • Ready-to-build industrial plots help investors save time and costs.

👷 Skilled Labor – Competitive Costs

  • Abundant workforce with industrial experience in nearby provinces.
  • Lower average labor cost compared to Hanoi and Bac Ninh.
  • Surrounding residential areas make it easy to build worker housing and facilities.

🏢 Stable Investment Environment & Supportive Government

  • Hung Yen is well-known for its investor-friendly policies and transparent administrative procedures.
  • Industrial Park Management Board actively supports businesses throughout the investment and operation process.
  • The park encourages clean industries such as electronics, precision mechanics, and medical equipment manufacturing for sustainable growth.
6. SEE THE SPACE | STS Industrial Services – Free Consultation for Leasing & Investment

STS Industrial offers 100 % free industrial real-estate consulting services for enterprises:

✔ Land leasing & purchase consultancy
✔ Ready-built factory & warehouse leasing
✔ Project transfer within industrial parks
✔ Latest land price & availability updates
✔ On-site surveys & planning analysis
✔ Investment, legal & environmental procedure assistance
✔ End-to-end support until contract signing and project launch

7. Contact for Consultation

Are you looking for industrial land, factories, or warehouses in Minh Quang Industrial Park – Hung Yen or the Northern Vietnam region?

Contact us today for 100 % FREE consultation and site support.

📞 Hotline: 0768 999 647
📧 Email: leasing@seethespace.vn
🌐 Website: seethespace.vn
🏢 SEE THE SPACE | STS Industrial

Conclusion

If your business is seeking industrial land or investment opportunities in Northern Vietnam — especially in Minh Quang Industrial Park (Hung Yen) — this is the right time to act.
With modern infrastructure, excellent connectivity, and a large available land reserve, the park is ready to welcome new investors.

📞 Contact SEE THE SPACE | STS Industrial today for free advisory support to help you find the right location, optimize your costs, and launch your project quickly.

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Industrial Image
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Phong Le
Phong Le
Director, Industrial Services
We are committed the follows:
1. Industrial land for lease & sale
2. Ready-built factories & warehouses for lease
3. Site surveys & masterplan analysis
4. Legal & investment procedure support
5. Full assistance from first inquiry to contract signing