Right facility. Right zone.
Factory & Warehouse for Lease in Hung Yen – From $3/m²
Hung Yen (including Thai Binh) has many factories and warehouses at Yen My, Minh Quang, Pho Noi A and Minh Duc, between Hanoi and Hai Phong, at lower rents than Bac Ninh.
The area has many logistics warehouses serving distribution to Hanoi and the north, plus ready-built factories for small and medium manufacturers. Indicative rents are from about USD 3 to USD 6.2/m²/month. SEE the SPACE offers free advice and site visits.
Your Space, Expertly Guided!
Frequently Asked Questions (FAQs)
Supply is concentrated at Yen My, Minh Quang, Pho Noi A, Minh Duc, Ecoland and Sach industrial parks along National Road 5 and the Hanoi – Hai Phong expressway.
Indicative rents are from about USD 3 to USD 6.2/m²/month, excluding VAT and management fees. Most factories and warehouses are USD 4 – 6.2/m²/month; some warehouses start from USD 3/m²/month.
Supply is concentrated in Yen My, Minh Quang, Pho Noi A and Minh Duc.
Hung Yen is cheaper and close to both Hanoi and Hai Phong port, suited to distribution. Bac Ninh suits companies needing proximity to electronics supply chains and Noi Bai Airport.
Check container truck access and the distance to the nearest expressway junction. Check clear height, floor loading, number of dock doors, power capacity, fire protection, minimum lease term and deposit.
From farmland to industrial destination
Since the 1 July 2025 merger, Hung Yen (including Thai Binh) has become an industrial province with large land banks, competitive costs and improving transport. Less busy than Bac Ninh or Hai Phong, Hung Yen is building a solid industrial base and offers an early-mover opportunity.
Northern Hung Yen – Hanoi's eastern gateway
About 25 – 40 km from central Hanoi and bordering Bac Ninh and Hai Phong, parks such as Pho Noi A, Thang Long II, Minh Duc and Yen My attract Japanese and Korean FDI in electronics, engineering, garments and logistics.
Southern Hung Yen (Thai Binh) – large land, low cost
Lien Ha Thai, Tien Hai and Cau Nghin parks are being developed rapidly with lower rents than near Hanoi, suited to labour-intensive manufacturing focused on cost. The Ninh Binh – Hai Phong expressway improves connectivity.
Indicative rents
Factories and warehouses in Hung Yen are currently about USD 3 – 6.2/m²/month depending on location and spec.
SEE the SPACE on the ground
SEE the SPACE knows the Hung Yen market, has developer networks across the province and joins you on site visits to find the right factory at the right price, free of charge.
Location and connectivity
Hung Yen links Hanoi and Hai Phong via the Hanoi – Hai Phong expressway, National Road 5 and Ring Road 4; the south of the province (Thai Binh) connects via the Ninh Binh – Hai Phong expressway.
Notable factory and warehouse supply
- Yen My – Pho Noi: Yen My, Pho Noi A, Pho Noi A expansion
- My Hao – Van Lam: Minh Quang, Minh Duc, Clean Industrial Park
- Others: Ecoland, SLS Logistics
Indicative rents
Factories and warehouses in Hung Yen rent from about USD 3 to 6.2/m²/month, excluding VAT and management fees. Most are USD 4 – 6.2/m²/month; some warehouses start at USD 3/m²/month. Actual rent depends on size, spec, location within the park and lease term.
Who is it for?
Distribution warehouses, e-commerce and SME manufacturers wanting to be near Hanoi at low cost.
Lease in Hung Yen with SEE the SPACE
SEE the SPACE tracks availability and rents, sends a matching shortlist, arranges site visits and supports lease negotiation, free of charge.
Pho Noi A and B – an established cluster
Pho Noi is one of Hung Yen's earliest, fully serviced clusters with many electronics, garment, engineering and food companies. On National Road 5 between Hanoi and Hai Phong, it suits companies needing an existing supplier ecosystem.
Thang Long II and Minh Duc – Japanese standards
Thang Long II, developed by Sumitomo, is well planned with a large Japanese business community. Minh Duc still has land and is expanding. Both suit suppliers wanting to be close to Japanese value chains.
Lien Ha Thai and Tien Hai – the coastal south
Lien Ha Thai follows an industrial – urban – services model near Diem Dien port with links to Hai Phong. Priority sectors include food processing, consumer goods and renewable energy.
Cau Nghin and Gia Le – flexible for SMEs
Varied plot sizes at low cost, suited to garments, agro-processing and domestic manufacturing. SEE the SPACE has information on all four clusters for direct comparison, free of charge.
Distance and connectivity
Northern Hung Yen (Pho Noi, Yen My, My Hao) is 25 – 40 km from Hanoi, about 30 – 45 minutes via National Road 5 and the Hanoi – Hai Phong expressway. Southern Hung Yen (Thai Binh) is about 110 km away, 1.5 – 2 hours, but close to Diem Dien port and linked to Ninh Binh and Hai Phong by the coastal expressway.
Rents
Factories and warehouses in Hung Yen are currently about USD 3 – 6.2/m²/month. The north near Hanoi costs more; the south is cheaper, with lower labour costs too.
Labour
The south is densely populated with a young workforce, and many people working elsewhere are returning as local parks open. The north has more skilled technical workers after years of FDI factories.
Suitable industries
- North: electronics, precision engineering, auto parts, pharmaceuticals, distribution for Hanoi
- South: garments, footwear, food processing, consumer goods, projects needing large land
SEE the SPACE analyses each case to choose the right location, free of charge.
A natural logistics hub between Hanoi and Hai Phong
On National Road 5, Hung Yen is a natural location for transit and distribution warehouses. From Pho Noi or Yen My you can reach Hanoi in about 45 minutes and Hai Phong port in about 1 – 1.5 hours, suiting combined B2B and B2C distribution.
Agricultural and cold storage in the south
With strong agriculture (rice, seafood, livestock), the Thai Binh area needs cold and agricultural storage, a segment still short of quality facilities. Diem Dien port supports exports.
Factories for every segment
From international-standard factories at Thang Long II and flexible units at Pho Noi and Minh Quang to new builds at Lien Ha Thai and Tien Hai. Factories and warehouses in Hung Yen currently rent for about USD 3 – 6.2/m²/month.
The last-mile warehouse trend
E-commerce platforms are expanding warehouse networks beyond Hanoi to cut delivery costs. Hung Yen, next to Hanoi with lower rents, is drawing strong interest.
Warehouse checklist
Close to main roads, raised ground to avoid seasonal flooding, clear height from 8 m, enough loading docks, compliant fire protection and stable 3-phase power. SEE the SPACE checks these carefully before recommending any warehouse.
Why garments and food choose Hung Yen
Both industries need large premises, abundant general labour, low operating costs and proximity to raw materials. Hung Yen (including Thai Binh) meets all four, with factory rents competitive against Bac Ninh or Hai Phong.
Garments – moving to the south of the province
As costs rise in Bac Ninh (including Bac Giang), many garment factories are seeking lower-cost locations with good export links. The Thai Binh area, with an abundant female workforce and long weaving tradition, is attracting this shift; Tien Hai and Lien Ha Thai prioritise textiles.
Food processing – raw materials on site
The south of the province is a major rice, seafood and livestock area. Plants here significantly cut inbound transport costs, combined with competitive rents and labour.
SEE the SPACE – Filtering by industry
Garment factories need high power capacity, good ventilation and floors for heavy machinery. Food plants need food-safety standards, dedicated water systems and cold storage. SEE the SPACE filters factories to each industry's needs, free of charge.
