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Viet Nam
Industrial Park Status
Text by Saito Hiroshi
The 42nd: Hue City - A Hub for Foreign Direct Investment
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, I would like to introduce Hue, an ancient city in central Vietnam that is also famous as a tourist destination.
1. Location / Area / Population
Hue City is located in central Vietnam, covering an area of 4,947 km² with a population of approximately 1.24 million.
2. Industrial parks in Hue City
Currently, Hue City boasts nine industrial zones:
Phong Dien Industrial Zone
Hue Bi Industrial Zone
Thua Ha Industrial Zone
Hu Da Industrial Zone
Quang Binh Industrial Zone
Larson Industrial Zone
Saigon-Chan May Industrial Zone and Free Trade Zone
Phong Dien Korean Industrial Zone
GiriMex Industrial Zone
３．Unique Features of Hue City
Hue City is home to numerous cultural landmarks, including temples, shrines, and palaces, all of which are recognized as UNESCO World Heritage sites. The magnificent Imperial City of Hue, with its moats and stone walls, is a highlight. As of January 1, 2025, the entire province has been designated as the centrally governed city of Hue.
4. Japanese Companies Operating in the Area
Notable Japanese companies operating in Hue include Nakamoto Packs Vietnam and Okura Vietnam, both of which are located within the Saigon-Chan May Industrial Parks and Free Trade Zone.
5. Living Environment
As a historic city with UNESCO World Heritage status, Hue is one of Vietnam’s premier tourist destinations, offering numerous hotels for visitors. Recently, the development of industrial zones has led to the emergence of several serviced apartments for foreign residents.
6. Summary
Hue City, once primarily known as the capital of the last Vietnamese dynasty, the Nguyen, is evolving. With the development of multiple industrial zones, it is becoming a significant economic center in central Vietnam, alongside Da Nang.
Compared to industrial zones in major cities like Hanoi, Ho Chi Minh City, and Hai Phong, land prices and rental costs for factories and warehouses are comparatively lower, making it an attractive option for companies aiming to minimize initial expenditures.
齊藤公(Saito Hiroshi)
Business Advisor
G.A. Consultants Vietnam Co., Ltd
After graduating from university, he joined a PHP research institute and served as the head of the New York office. He then worked on the “Nagoya Port Redevelopment Project” at a subsidiary of the Chubu Nippon Broadcasting (CBC) company. He later shifted his base to Asia, where he was involved in the launch of “FM96.3” in Singapore, and the creation of “Hello Vietnam” and “Invest Asia” magazines in Vietnam. He then joined BW Industrial Development JSC, Vietnam’s largest rental factory development company, where he was responsible for attracting Japanese manufacturing companies. Currently, he is active as a consultant for the entry of Japanese companies at “G.A. Consultants”, one of the longest-standing Japanese HR consulting firms in Vietnam.
