See the Space provides comprehensive support in Hanoi — from factories and warehouses in the northern and northwestern industrial zones near Noi Bai Airport, such as Thang Long, Noi Bai, Quang Minh Industrial Parks; to southern and southwestern industrial zones like Phu Nghia, Thach That – Quoc Oai; and even A-B grade offices in central districts like Hoan Kiem, Cau Giay, Nam Tu Liem, Hoang Mai, and the Hoa Lac High-Tech Park area.
Rental prices in Hanoi are generally higher than in neighboring provinces like Hung Yen or Ha Nam due to its central location and well-developed infrastructure. Ready-built factory space ranges from 4–6 USD/m²/month depending on location and standards. However, the most optimal actual cost is calculated as a total – including logistics, labor, and market access. See the Space offers free consultations to analyze the most suitable total cost for your business.
Hoa Lac is suitable for high-tech businesses, R&D, software, medical equipment manufacturing, electronics, and industries requiring a high-standard research and production environment. Major advantages include special tax incentives, a surrounding ecosystem of universities and research institutes, and ample land available. The drawback is its distance from the city center – approximately 30km to the west.
See the Space for a free consultation to assess whether Hoa Lac is the optimal choice for your business.
For ready-built factory - warehouse, it typically takes 2-6 weeks, depending on the technical requirements and completion schedule. For built-to-suit option, the process from land selection to commencement usually takes 3-6 months, including legal procedures.
See the Space helps shorten the entire process thanks to its network of available properties and practical experience in handling procedures.
Hanoi is not just the administrative capital — it is the coordinating center for the economy, finance, and industry of the entire northern region of Vietnam. With a population of over 10 million people and a system of more than 50 leading universities and research institutes nationwide, Hanoi provides an abundant and stable source of high-quality human resources — an advantage that few other localities in Vietnam can match. This is why multinational corporations always choose Hanoi as the location for their regional headquarters, R&D centers, and strategic operations departments.
In terms of transportation infrastructure, Hanoi is the convergence point of the entire northern expressway network — directly connecting to Bac Ninh, Bac Giang, Hung Yen, Hai Phong, Ha Nam, and neighboring provinces within a radius of 30–90 minutes. Noi Bai International Airport – located approximately 40 minutes from the city center – is the largest aviation hub in Northern Vietnam, serving high-value cargo exports and directly connecting to over 60 international destinations. The accelerated construction of Ring Roads 3 and 4 will further expand cargo traffic capacity and connect satellite industrial parks around Hanoi in the coming years.
Industrial parks in and around Hanoi, such as Thang Long, Noi Bai, Phu Nghia, and Quang Minh, continue to attract stable investment – especially from Japanese and Korean businesses prioritizing locations near the airport and city center. See the Space offers free consultations – helping businesses find the right workspace, factory, and industrial land in Hanoi. Right Space. Right Budget.
The proximity to Noi Bai International Airport is one of the biggest competitive advantages offered by industrial parks in northern and northwestern Hanoi. For businesses manufacturing goods for air export – electronic components, pharmaceuticals, high-tech products, fashion, and processed foods – locating factories within a 20-30 minute radius of Noi Bai significantly optimizes customs clearance time and domestic transportation costs.
Noi Bai Industrial Park, Thang Long Industrial Park, and Quang Minh Industrial Park are typical choices in this area – developed by reputable investors, with integrated technical infrastructure, and already having a stable community of Japanese, Korean, and European FDI businesses operating for many years. These areas also boast a high density of production support services – from logistics and warehousing to technical services and component suppliers – significantly shortening the time it takes for new businesses to establish operations.
Demand for factory and warehouse space near Noi Bai Airport is surging amidst the China+1 wave and global supply chain shifts. Land in prime locations is becoming increasingly scarce – acting early is advantageous.
See the Space offers free consultation, up-to-date inventory information, and direct connections with industrial park developers in the Noi Bai area and surrounding regions. Right Space. Right Budget.
While Bac Ninh and Hai Phong lead in heavy industry and electronics manufacturing, Hanoi is positioning itself as the destination for the next generation of FDI – focusing on information technology, fintech, e-commerce, data centers, and high-tech services. Global technology corporations such as Intel, Microsoft, and Samsung R&D all have research and development presence in Hanoi – taking advantage of a high-quality workforce of engineers and programmers at competitive costs compared to the region.
Hanoi is also promoting the development of technology and innovation urban areas such as the Hoa Lac High-Tech Park – which brings together hundreds of technology companies, research institutes, and universities in a self-contained innovation ecosystem. This is an ideal choice for businesses wanting to establish R&D centers, labs, or high-tech pilot production facilities in the North.
This shift is creating new demand for flexible workspaces, state-of-the-art technology offices, and high-standard factory facilities in Hanoi.
See the Space closely monitors the market and provides free consultations—helping businesses seize the right opportunities at the right time. Right Space. Right Budget.
The Hanoi warehouse and factory real estate market is fast-paced, information is fragmented, and the negotiation process with investors requires practical experience. Businesses lacking information can easily spend months searching without securing a suitable space, or worse, sign unfavorable contracts due to a lack of negotiation experience.
See the Space solves this problem. We have in-depth knowledge of the Hanoi warehouse and factory market — from industrial parks in the North near Noi Bai to Grade A offices in the city center and emerging technology urban areas. Our direct network with investors and industrial park management allows us to update our inventory faster than the market and always stand by the tenant in every negotiation.
All consultation services are completely free — no additional costs compared to direct rental. Just share your needs, and we'll take care of the rest. Right Space. Right Budget.