Expert Column

In Japan, verify if used machinery falls under export control regulations and complete necessary procedures with METI. In Vietnam, used machinery must meet safety, energy-saving, and environmental standards. According to Vietnam’s 2019 decision, certain machinery up to 20 years old can be imported with special procedures and certification proving compliance with these standards.

When manufacturing companies expand into Vietnam, it is generally common for them to either purchase land in an industrial park and construct their own factory, or to rent space in a rental factory. However, I would like to introduce a new concept called BTS (Build-to-Suite), which is a customized rental factory (warehouse).

When manufacturing companies expand into Vietnam, the selection of an industrial park in a specific region is an important consideration. There are certain provinces in Vietnam that are particularly enthusiastic about attracting foreign direct investment (FDI). I would like to introduce a few examples of such provinces. This time, I will introduce the situation in Hung Yen Province, which is located in the northern region near Hanoi and has an advantageous location.

When manufacturing companies advance into Vietnam, the selection of an industrial park in the region is an important point. There is a province that is enthusiastically working to attract foreign direct investment, so I would like to introduce a few examples. This time, I will introduce the situation in Ba Ria – Vung Tau province, which is located near Ho Chi Minh City and is rich in energy resources.

Risk engineering refers to a service that aims to predict, prevent, and mitigate potential risks such as fire, occupational accidents, and crime. Especially when expanding into Vietnam, it is extremely difficult for a company to implement preventive measures against all risks on its own. Therefore, it is common to request specialized providers such as insurance companies to investigate and examine the risks.

When entering the manufacturing industry in Vietnam, selecting the industrial park in the right region is a crucial point. There are provinces that are actively working to attract foreign direct investment, and I would like to introduce some examples of these. This time, I will introduce the situation in Long An Province, which is conveniently located near Ho Chi Minh City.

When expanding into Vietnam’s manufacturing sector, choosing the right industrial park in the region is crucial. There are provinces actively committed to attracting foreign direct investment (FDI) across the region, and I would like to introduce a few examples. This time, I will introduce the situation in Binh Duong Province in southeastern Vietnam.

For businesses, the initial costs of entering Vietnam are crucial considerations. In recent years, there has been an increase in companies specializing in renting factories and equipment in Vietnam, which is an aspect I will introduce to you now.

On January 16th, a Singaporean major industrial park development company, KCN, held a groundbreaking ceremony for Phase 2 of the Huu An Tan Industrial Park in Long An Province, Vietnam, boasting a total developed area of 200 hectares across 8 locations in Vietnam (4 in the South and 4 in the North).

For businesses, evaluating initial costs during expansion into Vietnam remains pivotal. Recently, there has been a rise in companies specializing in renting factories and equipment within the country. Renting offers advantages such as lower initial costs, reduced maintenance time and effort, and facilitates market expansion into Vietnam. This article will delve into the types of equipment available for rent and provide an overview of the equipment rental landscape in Vietnam.