Expert Column

When manufacturing companies enter Vietnam, choosing the right industrial park in a specific region is a crucial point. There are provinces and cities that are actively working to attract Foreign Direct Investment (FDI), and I would like to introduce a few examples of these regions.
This time, we will feature Bac Giang Province, which is within commuting distance from Hanoi and has also announced the construction of an AEON Mall.

When manufacturing companies enter Vietnam, choosing the right industrial park in a specific region is a crucial point. There are provinces and cities that are actively working to attract Foreign Direct Investment (FDI), and I would like to introduce a few examples of these regions.
This time, we would like to introduce Nghe An Province, which is attracting attention due to the development of the Vietnam Singapore Industrial Park (VSIP).

At the National Conference of the Communist Party of Vietnam held on December 1, 2024, it was revealed that a large-scale reorganization plan for political and administrative organizations is being considered for the spring of 2025 in order to improve the efficiency of politics and administration, and Japanese companies have expressed both expectations and concerns.

On March 12, a groundbreaking ceremony was held for the Prodezi Eco-Industrial Park, which is being developed in the Ben Lun District of Long An Province. This industrial park is adjacent to the western edge of Ho Chi Minh City and is well-connected to the region by two major highways: Ho Chi Minh – Trung Luong and Ben Luc – Long Thanh, providing good access from Long An Province to Ho Chi Minh City, Dong Nai Province, Ba Ria-Vung Tau Province, and beyond.

When manufacturing companies enter Vietnam, they typically face a choice between purchasing land in industrial parks to build their own factories or renting existing factory space. However, as Vietnam is a socialist country like China, foreigners cannot permanently purchase land; instead, they acquire land use rights for a maximum of 50 years. This period is calculated from the date the land receives its industrial land license. Therefore, in older industrial parks, such as the Tan Thuan Industrial Park in southern Ho Chi Minh City, there may only be 16 years left on the lease. This is something to keep in mind.

When manufacturing companies enter Vietnam, choosing the right industrial park in a specific region is a crucial point. There are provinces and cities that are actively working to attract Foreign Direct Investment (FDI), and I would like to introduce a few examples of these regions.
Several provinces and cities actively work to attract foreign direct investment (FDI), and one notable example is Quang Ninh Province, famous for the UNESCO World Heritage Site, Ha Long Bay.

When manufacturing companies enter Vietnam, choosing the right industrial park in a specific region is a crucial point. There are provinces and cities that are actively working to attract Foreign Direct Investment (FDI), and I would like to introduce a few examples of these regions.
Several provinces and cities actively work to attract foreign direct investment (FDI), and one notable example is Quang Ninh Province, famous for the UNESCO World Heritage Site, Ha Long Bay.

When manufacturing companies expand into Vietnam, choosing the right industrial park in a specific region is a crucial point. There are provinces and cities that are actively working to attract Foreign Direct Investment (FDI). Here, I would like to introduce a few examples. This time, I will present the situation in Da Nang City, the third largest city in the country, located in the central region and known for its high-tech parks.

When manufacturing companies expand into Vietnam, choosing the right industrial park in a specific region is a crucial point. There are provinces and cities that are actively working to attract Foreign Direct Investment (FDI). In this context, I would like to highlight a few examples. This time, I will introduce the situation in Bac Ninh province, located in the suburbs of Hanoi, where many electrical and electronics-related companies have established operations.

This time, we will introduce the situation in Hai Phong City, a northern port town where special preferential tax policies are applied.