Factory & Warehouse for Lease in Northern Vietnam – Bac Ninh, Hai Phong, Hung Yen, Quang Ninh From $3/m²

Three growth drivers

Northern Vietnam's factory and industrial park market is growing on three drivers: supply-chain diversification (China+1) putting Vietnam among priority destinations; trade agreements such as CPTPP, EVFTA and RCEP widening export markets; and major transport investment including the North – South expressway, Ring Road 4 and Lach Huyen port.

Rising demand for ready-built factories

Many FDI companies lease ready-built factories to start operating within 1 – 3 months instead of building. Supply is concentrated in Bac Ninh, Hai Phong and Hung Yen, commonly at USD 4.5 – 7/m²/month.

Logistics warehouses and e-commerce

Demand for high-spec logistics warehouses near Hanoi and Hai Phong port is rising with e-commerce and trade. Nam Dinh Vu, DEEP C, Yen My and Minh Quang are hot spots.

What should companies do?

Quality factories in major parks lease quickly. Plan 3 – 6 months ahead, compare several options and check total costs carefully. SEE the SPACE tracks supply and supports you free of charge throughout.

A fragmented market with uneven information

Finding the right industrial land or factory in northern Vietnam is not simple. There are dozens of parks across many provinces, prices change over time and negotiating with developers takes experience. Without good information, companies risk the wrong location or an unfavourable lease.

SEE the SPACE works for the tenant

SEE the SPACE knows the northern industrial market, has a network of developers and park management boards, and always represents the tenant's interests. Our advice is free, with no extra cost compared with leasing directly.

A 4-step process

• Understand your needs: size, industry, budget, timeline
• Analyse and send a shortlist with a total-cost table
• Arrange site visits using a technical checklist
• Support negotiation through to signing

Right Space. Right Budget.

SEE the SPACE aims to help you choose the right space within the right budget from the start.

Leasing industrial land – for large, long-term projects

Leasing land suits companies with long-term production plans needing a custom-designed plant at scale. Land in northern Vietnam is commonly USD 100 – 190/m² for the full lease term, plus 12 – 18 months of construction.

Ready-built factories – fast start, low capital

Ready-built factories let you start operating within 1 – 3 months with low upfront cost and phased expansion. Rents are commonly USD 4.5 – 7/m²/month in Bac Ninh, Hai Phong and Hung Yen.

Offices in or near the park

Suited to sales, R&D, administration and management teams needing a professional space to meet clients and partners close to the plant.

How to choose

• Over 10,000 m², long-term: lease land and build
• Fast, flexible start: ready-built factory
• Office teams: office in or near the park

SEE the SPACE analyses your needs, compares options and connects you with the right developer, free of charge.

Northern Vietnam's trade gateway

Hai Phong (including Hai Duong) is the strategic import-export gateway of northern Vietnam and one of the country's key logistics hubs, attracting manufacturers and exporters wanting plants near an international seaport.

Lach Huyen deep-water port

Lach Huyen handles large container ships sailing directly to Europe and the US, cutting transit time and cost compared with transhipment.

Connected transport

The roughly 105 km Hanoi – Hai Phong expressway brings Hanoi to the port in about 1.5 hours, putting the Bac Ninh and Hung Yen industrial corridor within reach. The Ha Long – Hai Phong expressway links to Quang Ninh and Cat Bi airport supports air cargo.

Notable parks and warehouses

DEEP C, Nam Dinh Vu, VSIP Hai Phong, Trang Due, Nomura, plus Phuc Dien and An Phat (Hai Duong). Logistics warehouses commonly rent for USD 5 – 7.2/m²/month.

SEE the SPACE tracks available warehouses and factories in Hai Phong and arranges free site visits.

Bac Ninh – electronics and high-tech hub

Bac Ninh (including Bac Giang) leads electronics FDI with Samsung, Canon, Foxconn and Amkor. Factories commonly rent for USD 5 – 6.5/m²/month.

Hai Phong – seaport and logistics

Hai Phong (including Hai Duong) has Lach Huyen port and many logistics warehouses at Nam Dinh Vu and DEEP C, suited to import-export businesses.

Hung Yen – Hanoi's satellite

Hung Yen (including Thai Binh) lies between Hanoi and Hai Phong with lower rents and many distribution warehouses at Yen My, Minh Quang and Pho Noi.

Ninh Binh, Phu Tho, Thai Nguyen – competitive costs

These provinces have large land banks and lower rents and labour costs, suited to cost-focused companies that still want to be near Hanoi.

Quang Ninh – seaports and economic zones

Quang Ninh attracts investors with port infrastructure, new factories at DEEP C and coastal economic zone incentives.

Choosing the right province from the start saves significant operating costs. SEE the SPACE advises free of charge.

One of Vietnam's largest electronics hubs

Any discussion of northern industry starts with Bac Ninh (including Bac Giang), which leads in high-tech FDI and electronics exports, just 30 – 50 km from Hanoi.

A dense FDI ecosystem

Samsung, Foxconn, Canon, Amkor and hundreds of satellite suppliers create large, stable demand for factories, especially for components, precision engineering and packaging.

Notable parks

• Yen Phong, VSIP Bac Ninh: electronics, high-tech
• Que Vo, Thuan Thanh, Nam Son Hap Linh: multi-industry, many ready-built factories
• Van Trung, Hoa Phu, Dinh Tram (Bac Giang): larger land banks, lower prices

Indicative rents

Factories and warehouses in Bac Ninh are about USD 4.4 – 8.2/m²/month; industrial land is about USD 110 – 187/m² for the full lease term.

SEE the SPACE tracks available factories in Bac Ninh and supports site visits and negotiation free of charge.