List of industrial zones in Tay Ninh Province

Vinasc Real – National industrial park real estate consulting & brokerage unit, regularly updating the latest information on operating, newly invested, and expanding industrial parks and industrial zones in Tay Ninh Province.

1. Overview of the province and its role in Vietnam’s industrial map.

Tay Ninh is not only a land rich in historical traditions but is also rapidly developing, becoming a bright spot attracting FDI and industrial development in the southern region.

1.1.          Geographic location, strategic advantages, and supply chain

  • Strategic location: Tay Ninh is situated at the northwestern gateway of the Southern Key Economic Region. This is a crucial “checkpoint” on the Trans-Asian highway, directly connecting to Ho Chi Minh City (HCMC) – the country’s economic powerhouse.
  • Transportation and Logistics Advantages:
  • Border: Tay Ninh has a long border with Cambodia, with two international border gates (Moc Bai, Xa Mat) and many national border gates, creating a great advantage for cross-border trade and logistics.
  • Regional connectivity: Located adjacent to major transportation arteries such as National Highway 22 , the Ho Chi Minh City – Moc Bai Expressway (under construction), and the Ho Chi Minh Highway.
  • Ports and Airports: The distance to Tan Son Nhat International Airport and major seaports in Ho Chi Minh City/Dong Nai/Ba Ria – Vung Tau (such as Cai Mep – Thi Vai, Cat Lai) is relatively short, making it easy for investors to transport import and export goods and participate in regional supply chains.

1.2.          The province’s investment attraction policies and strategies.

Tay Ninh province identifies industrial development as its main driving force. The province is committed to creating a transparent and favorable investment environment through:

  • Administrative reform: Strengthening the “one-stop shop” procedure and shortening the time for granting investment licenses.
  • Infrastructure investment: Focus resources on developing integrated and modern transportation infrastructure and industrial zones.
  • Selective attraction: Prioritize high-tech, environmentally friendly projects that use little labor but generate high added value, especially in the fields of electronics, high-tech agricultural processing, and textiles and footwear.

1.3.          Scale of industrial development and future orientation

  • Current situation: Tay Ninh currently has 7 industrial parks (IPs) that are operating stably, with high occupancy rates (many IPs reaching over 80-90%) and 1 border economic zone with a special role.
  • Scale: The total area of planned and operating industrial parks is approximately 4,500 hectares .
  • Future orientation: The province is planning to add more new industrial parks and expand existing ones, with the goal of forming concentrated industrial production chains and creating industrial and service cities , serving not only Tay Ninh but also the entire Southern economic region.

1.4.          Assessing the role of Tay Ninh in the national industrial network

List of industrial zones in Tay Ninh Province
List of industrial zones in Tay Ninh Province

While Bac Ninh is the electronics hub and Dong Nai the mechanical engineering center, Tay Ninh is positioning itself as a “Logistics industrial production base” and a “High-tech agricultural processing center” in the South.

This role is reinforced by:

  • Logistics Gateway: Connecting international trade via Cambodia.
  • Abundant land: Provides a plentiful supply of clean land for large-scale projects that neighboring provinces (such as Ho Chi Minh City and Binh Duong) no longer have.
  • Supporting industries: The development of industrial parks in Tay Ninh helps alleviate infrastructure pressure and expand development space for the supporting industrial supply chain of the Southern Key Economic Region.

1.5.          Vinasc Real assesses the FDI investment potential in Tay Ninh province.

Vinasc Real commented: “Tay Ninh is currently in a ‘golden’ phase to attract FDI. Field data from our collaborators in Moc Bai and Trang Bang shows that new and expanding industrial parks such as Phuoc Dong and Gia Binh are receiving significant interest from major textile, footwear, and electronics component manufacturing investors from Asia (Taiwan, South Korea, China). The advantage of more competitive labor costs compared to Binh Duong/Dong Nai and a large amount of available land are the main driving forces. Investors should quickly seize this opportunity before land lease prices and investment costs reach saturation.”

2. Connecting infrastructure and logistics advantages

Transportation and logistics infrastructure is a key factor determining the operational efficiency and operating costs of businesses. Tay Ninh is investing heavily to improve this system, creating a clear competitive advantage.

2.1. Main transportation network and logistics gateway

Tay Ninh’s transportation system is planned to optimize connectivity with the Southern Key Economic Region (SER) and international trade.

  • Highways & National Roads:
  • National Highway 22 (QL22): This is the backbone, connecting Ho Chi Minh City directly via Cu Chi to the Moc Bai International Border Gate . Most major industrial parks such as Trang Bang and Linh Trung 3 are located along this route.
  • The Ho Chi Minh City – Moc Bai Expressway: Approved and currently under implementation. This is a groundbreaking project, expected to significantly shorten the time for transporting goods from Tay Ninh to Ho Chi Minh City and major seaports.
  • National Highway 22B: Connecting the central area with new industrial parks and the Xa Mat border economic zone.
  • Ports, Airports & Border Crossings:
  • Border crossings: The province has the Moc Bai and Xa Mat International Border Gates , along with many other sub-border gates, creating favorable conditions for transporting goods to Cambodia and connecting more deeply with the ASEAN region.
  • Ports/Airports: Tay Ninh does not have a seaport or airport, but its proximity to major logistics hubs is an advantage.
  • Cat Lai Port (Ho Chi Minh City): Approximately 70-80 km.
  • Tan Son Nhat International Airport: Approximately 60-70km.
  • Waterways (Potential): The waterways on the Vam Co Dong River have the potential to develop large-volume freight transport, reducing pressure on road transport.

2.2. Integrated technical infrastructure and services within the industrial park.

Industrial zones in Tay Ninh, especially new and expanded zones like Phuoc Dong and Gia Binh , are equipped with modern technical infrastructure, meeting high production standards.

  • Electricity system: Provided stably from the national power grid, with a dedicated transformer station within the industrial park.
  • Water system: Ensuring a large-scale supply of clean water for production.
  • Environmental management: All industrial parks have centralized wastewater treatment plants that meet standards and are committed to protecting the environment in accordance with regulations.
  • Amenities & Logistics: Large industrial parks have integrated logistics service areas, warehouses, and nearby residential/amenity areas (hospitals, schools) to serve professionals and workers.

2.3. Regional Linkages and Supply Chains

Tay Ninh plays a crucial role in relieving pressure and expanding development space for the industrial supply chain in the Southern Key Economic Region (Ho Chi Minh City, Binh Duong, Dong Nai).

  • Key economic zone: Its proximity to Ho Chi Minh City and Binh Duong allows investors in Tay Ninh easy access to raw materials, financial services, and advanced technology.
  • Human resources: Access to major human resource training centers in Ho Chi Minh City.
  • Supporting industries: The strong development of textiles, footwear, and electronics has attracted supporting businesses to relocate to Tay Ninh, forming a closed supply chain right on-site, reducing costs and production time.

2.4. In-depth review from Vinasc Real

Vinasc Real regularly conducts on-site surveys to assess the availability of infrastructure, helping investors choose strategic locations:

Realistic assessment: “National Highway 22 is currently the main transportation route and is sometimes overloaded during peak hours. However, the commencement of the Ho Chi Minh City – Moc Bai Expressway is a game changer. Vinasc Real recommends that investors with high logistics needs, especially for exports, should consider industrial parks located near National Highway 22 and the future expressway to optimize transportation costs. We also closely monitor landslide conditions and road quality in ring roads and provincial dedicated roads to provide the most accurate advice.”

Conclusion: Advantages and Disadvantages of Infrastructure

Element Advantages Disadvantages & Recommendations
Traffic With the Moc Bai International Border Gate and the ongoing Ho Chi Minh City – Moc Bai Expressway , the biggest driving force will be the development of the area. Currently, transportation costs to seaports/airports are still higher than in neighboring provinces with ports (Dong Nai, Ba Ria – Vung Tau).
Logistics Large land areas facilitate the development of large-scale logistics and warehousing zones . There is a lack of high-quality, specialized logistics services (3PL, 4PL), with the country primarily relying on providers from Ho Chi Minh City.
Technical Infrastructure Synchronized and modernized in new industrial parks. Further investment is needed in provincial ring roads to improve connectivity between industrial parks.

In summary, Tay Ninh’s infrastructure is undergoing a significant upgrade , creating advantages in land costs and exceptional growth potential once the expressway is completed.

3. Population and the Labor Market

The labor market is a key factor in ensuring the stability and sustainable development of industrial projects. Tay Ninh has the advantage of an abundant labor force and competitive costs compared to major cities.

3.1. Population Size and Characteristics

Criteria Estimated figures Assessment
Population Size Approximately 1.19 million people (in 2023) The population size is moderate, ensuring a sufficient supply of labor both locally and from neighboring provinces.
Population Density Approximately 310 people/km2 With a population density that is moderate but significantly lower than Ho Chi Minh City and Binh Duong, Tay Ninh still has ample room to attract residents and migrant workers.
Rate of Urbanization Currently experiencing strong growth. Areas adjacent to large industrial parks such as Trang Bang and Go Dau are developing into satellite cities , attracting workers from the Mekong Delta provinces.

3.2. Workforce and Human Resource Quality

  • Working-age workforce: Tay Ninh has a high proportion of working-age labor, with over 60% of its population belonging to the working-age group. This is an abundant resource for manufacturing industries, especially labor-intensive industries such as textiles and footwear.
  • Population rejuvenation/aging rate: Tay Ninh has maintained a certain rate of population rejuvenation due to attracting migrant workers, helping to alleviate the pressure of aging compared to many other provinces and cities, ensuring a supply of young and dynamic labor for many years to come.
  • Quality:
  • Unskilled labor: A large supply, easy to recruit for basic positions.
  • Skilled workforce: The province is focusing on developing vocational training facilities and linking with major training centers in Ho Chi Minh City to improve skills and meet the needs of high-tech and supporting industries.

3.3. Cost and Purchasing Power Advantages

  • Competitive labor costs: The regional minimum wage in Tay Ninh (primarily in Region III ) is lower than in major industrial centers such as Ho Chi Minh City and Binh Duong (Regions I and II). This significantly reduces initial operating costs for investors.
  • Consumer market: With a population of over 1 million people and a rapid rate of urbanization, Tay Ninh is also a potential consumer market for domestic products and services.

3.4. Conclusion and Assessment by Vinasc Real

Criteria Advantages for Investors Disadvantages and Recommendations
Labor There is an abundant supply of unskilled labor at competitive costs (due to the regional wage level III). The supply of highly skilled labor (engineers, managers) is limited, requiring reliance on Ho Chi Minh City.
Consumer The domestic consumer market is developing, making it suitable for businesses providing goods and services. The population density is lower than in long-established industrial provinces, and it will take time for the population to fill up in the new industrial zones.

Vinasc Real stated: “Tay Ninh’s biggest advantage in terms of labor is its low cost and stable supply for labor-intensive industries such as textiles and footwear. However, investors in high-tech industries need a strategy to attract and retain talent from Ho Chi Minh City or neighboring provinces. Vinasc Real regularly surveys the actual net wages of key positions in Tay Ninh industrial parks to provide the most accurate data, helping investors build competitive salary scales.”

4. Investment incentive policies and legal environment of Tay Ninh province

Tay Ninh is committed to creating a transparent, stable, and favorable investment environment. Investors in Tay Ninh benefit from the general preferential policies of the Government and the specific support mechanisms of the province.

4.1. Tax and Land Incentive Policies

Investors in Tay Ninh have the opportunity to receive the highest tax incentives under Vietnamese law, especially when investing in industrial parks, border economic zones (Moc Bai, Xa Mat), or priority sectors.

Policy General Legal Incentives (Applicable to Industrial Parks/Economic Zones)
Corporate Income Tax (CIT) Tax exemption for 4 years and a 50% reduction in tax payable for the following 9 years (applicable to certain industries/priority areas).
Land lease fees Depending on the location and industry, investors may be exempt from land rent for 3 to 15 years or even for the entire lease period (especially in border economic zones).
Import Tax Import duties are exempted for machinery, equipment, and components used to create fixed assets, as well as supplies, raw materials, and components for production.
Value Added Tax (VAT) In accordance with general regulations, we support expedited tax refund procedures.

4.2. Specific Support Policies of the Province

In addition to tax incentives, Tay Ninh proactively offers practical commitments and support to help businesses implement projects effectively:

  • Administrative Procedure Support: Implementing a “One-stop shop” mechanism to shorten the processing time for applications and the issuance of Investment Registration Certificates (IRC) and Enterprise Registration Certificates (ERC).
  • Labor Training Support: The province has programs in collaboration with vocational training institutions and universities to train human resources according to the specific requirements of large FDI projects.
  • Supporting Businesses: The province regularly organizes dialogues and meetings between provincial leaders and the business community to promptly address difficulties and obstacles in their operations.

4.3. Core Legal Procedures Investors Must Follow

When choosing to invest in Tay Ninh, businesses need to prepare and complete the following important legal procedures:

  • IRC Assessment and Issuance: Carry out the project registration/assessment procedures to obtain an Investment Registration Certificate.
  • ERC issuance: Business registration.
  • Land Lease and Compensation Procedures: Work with the industrial park developer to sign a land sublease contract, or carry out the land lease procedures directly from the government (if applicable).
  • Construction Permit: Obtain a construction permit for the factory and infrastructure.
  • Environmental Permits: Complete the environmental impact assessment (EIA) report and related permits before commencing operations.

4.4. Vinasc Real: Partnering from Data to Legal Matters

Affirming Value: Vinasc Real not only provides market data and field surveys (as mentioned above), but also acts as a comprehensive legal partner for investors. We have a team of lawyers and legal experts with in-depth knowledge of the investment process in Tay Ninh, especially in key industrial parks.

  • Time-saving: We assist in preparing documents and represent investors in dealings with relevant authorities, helping them shorten the time required for obtaining IRC/ERC permits , basic design approvals, and construction permits by 30% to 50%, ensuring project implementation proceeds on schedule.
  • Risk transparency: Detailed analysis of local labor, tax, and environmental regulations helps investors avoid legal risks from the outset.

5. Priority sectors for attracting investment in Tay Ninh province.

Tay Ninh has made strategic choices regarding industries to maximize its advantages in land, border gate location, and labor resources, while aiming for sustainable development.

5.1. Sectors encouraged for development

Tay Ninh province prioritizes attracting projects in the following sectors:

  • High-tech agricultural processing: This includes the deep processing of key products such as sugarcane, rubber, cassava, and fruits.
  • Textile and footwear industries: Especially investment projects in the weaving, dyeing, and tanning stages, rather than just simple processing.
  • Electronics and Mechanical Engineering Industries: Manufacturing of electronic components, automotive parts, and precision mechanical products.
  • Developing Renewable Energy: Especially solar power and other clean energy projects.
  • Logistics, Warehousing and Border Services: Services supporting cross-border trade at the Moc Bai and Xa Mat Border Economic Zones.

5.2. Strategic Reasons for Choosing Industry Groups

The selection of these professions is based on a thorough analysis of the province’s competitive advantages :

  • Agricultural Supply Chain: Tay Ninh is a major source of raw materials (sugarcane, rubber, cassava). Attracting deep processing helps increase the added value of local agricultural products.
  • Infrastructure and Land: The integrated textile, footwear , and mechanical engineering industries require large land areas for factory and processing plant construction. Tay Ninh, with its abundant industrial park area, can effectively meet this requirement.
  • Manpower and Costs: The textile, footwear, and electronics industries require a large number of unskilled laborers, and Tay Ninh has a competitive advantage in labor costs compared to Regions I and II.
  • Strategic Orientation: Developing border gate logistics services means maximizing geographical advantages and transforming Tay Ninh into an important trade gateway.

5.3. Industry Fit Analysis

Based on practical experience advising FDI investors, Vinasc Real provides in-depth assessments of the suitability of each industry group in Tay Ninh:

Industry Group Practical relevance Industrial Park Selection Consulting (Vinasc Real)
Textiles, Leather and Footwear – Closed-loop system Very high. The province has a large land area and a modern wastewater treatment system, meeting the environmental requirements for dyeing and tanning. Competitive labor costs are a strong attraction. Priority is given to Phuoc Dong Industrial Park and Trang Bang Industrial Park (which have existing large-scale wastewater treatment infrastructure and are close to National Highway 22).

Electronics, Components

High. Its proximity to Ho Chi Minh City facilitates easy access to suppliers and seaports. However, a strategy for recruiting technical personnel from Ho Chi Minh City is needed. It is advisable to choose industrial parks with high occupancy rates and complete infrastructure, such as Linh Trung 3 Industrial Park and Phuoc Dong Industrial Park, to take advantage of the established industrial community.
Agricultural Product Processing Very high. Close to raw material sources (concentrated agricultural areas of the province). Helps reduce input logistics costs. Areas close to raw material sources and with good road access, such as industrial parks in Go Dau and Duong Minh Chau districts .
Logistics, Warehousing Great potential. It will boom when the Ho Chi Minh City – Moc Bai Expressway is completed. Focus on the Moc Bai Border Economic Zone and land areas along the future Ho Chi Minh City – Moc Bai Expressway .

Expertise Confirmation: Vinasc Real not only provides industry information but also assesses the feasibility of projects based on the investor’s specific supply chain. For example, for a textile project, we will analyze factors such as actual wastewater treatment costs, connectivity with fiber/chemical suppliers, and competitive wages in each specific industrial park. This helps investors make decisions based on the most accurate real-world data.

6. Reference prices for land and factory rentals and investment costs.

Investment costs are one of the primary determining factors. Tay Ninh currently boasts significantly more competitive land and factory rental prices compared to saturated industrial centers such as Binh Duong, Dong Nai, or Ho Chi Minh City.

6.1. Industrial land lease price framework

Land lease prices in Tay Ninh are divided into several segments depending on location, industrial park, and remaining lease term.

Type Reference Price Range (USD/m²/remaining lease term) Assessment
Industrial Park – Prime Location 100 – 130 These long-established industrial parks are located near National Highway 22, close to Ho Chi Minh City. They have high occupancy rates and rental prices comparable to those of industrial parks near Ho Chi Minh City.
New and Promising Industrial Parks 85 – 110 Large-scale industrial parks with new infrastructure. Better prices, suitable for projects requiring large land areas.
Border Economic Zone 70 – 90 The lowest rental rates are due to special preferential policies, making them suitable for logistics and border trade.

Note: This price is for reference only and may change from time to time, depending on the leased area, industry, and agreement with the Industrial Park Developer.

6.2. Rental Price of Ready-Built Factory (RBF) and Operating Costs

To save time and initial construction costs, many investors choose to rent pre-built factory buildings.

Type of expense Reference Price List Note
Factory/Warehouse Rental Prices 3.5 – 5.5 USD/m2/month Applicable to standard factory buildings, depending on area and technical specifications.
Industrial Park Management Fee 0.4 – 0.7 USD/m2/month This includes the cost of maintaining common infrastructure, security, landscaping, and public lighting.
Infrastructure Costs According to the unit price stipulated by the province/industrial park. Electricity: approximately 0.07 – 0.1 USD/kWh . Clean water: approximately 0.4 – 0.5 USD/m³ . Wastewater treatment: approximately 0.2 – 0.5 USD/m³.

6.3. Price comparison between typical industrial parks

Based on regularly updated data, Vinasc Real has observed significant differences in pricing strategies among industrial parks:

Typical Industrial Park Location characteristics Pricing Strategy
Phuoc Dong Industrial Park Largest scale , new infrastructure, close to National Highway 22 and the future expressway. Land lease prices are competitive (below US$ 110 /m2 for large plots), focusing on attracting projects requiring large areas.
Trang Bang/Linh Trung 3 Industrial Park Closest to Ho Chi Minh City , high occupancy rate, and established supply chain. Higher rental prices (over $ 100 /m2) make it suitable for businesses that prioritize location and immediate connectivity.
Moc Bai Border Gate Economic Zone Advantages of border trade and high tax incentives. Lowest rental rates and best incentives for cross-border trade, logistics, and export processing projects.

Vinasc Real’s Expertise: “The published rental prices are only baseline figures. Through strategic partnerships with industrial park developers in Tay Ninh, Vinasc Real can provide clients with actual rental price data and optimal negotiation conditions . We are committed to being the most reliable source of information to help investors make preliminary calculations and maximize cost savings on their investments in the province.”

7. List of industrial parks operating in Tuyen Quang Province

This list is compiled by Vinasc Real and verified through investors and local collaborators .

  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…
  • VR01 Industrial Park – ABC precision plastic mold industrial park see details…

8. Industrial zones are being planned for investment and expansion in Tuyen Quang province.

Information updated by Vinasc Real from the Provincial Industrial Park Management Board and infrastructure development partners .

  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
  • VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..

9. Analyzing strengths and weaknesses in attracting investment

An objective assessment of both strengths and weaknesses helps investors gain a comprehensive view and develop a suitable business strategy when choosing Tay Ninh.

9.1. Strengths

Tay Ninh currently possesses many outstanding advantages, helping the province become a “rising star” on the industrial map of the South:

  • Strategic Location and Connectivity:
  • Logistics Gateway: Located adjacent to Ho Chi Minh City and serving as an international trade gateway with Cambodia via two major border crossings.
  • Future infrastructure: The Ho Chi Minh City – Moc Bai Expressway project, once completed, will be the biggest driving force, significantly shortening travel time to economic centers and seaports.
  • Competitive Costs:
  • Competitive land rental rates: Industrial land and factory rental prices remain 15% – 30% more competitive than typical industrial parks in Binh Duong and Dong Nai.
  • Labor Costs: Located in Region III, labor costs are lower, reducing operational pressure on labor-intensive industries.
  • Policies and Benefits:
  • Apply corporate income tax incentives and land lease fee exemptions and reductions at the highest level as stipulated by regulations.
  • The province is committed to reforming administrative procedures through a one-stop mechanism to support investors.
  • Abundant land resources and synchronized infrastructure: Tay Ninh has a large amount of clean land for industry, especially large-scale industrial parks such as Phuoc Dong, meeting the requirements of mega- scale FDI projects .

9.2. Weaknesses

Besides its strengths, investors should also be aware of the province’s current challenges:

  • Lack of connectivity in the current infrastructure:
  • Dependence on National Highway 22: Currently, National Highway 22 is the main transportation artery and is sometimes overloaded, causing transportation times to Cat Lai Port and Tan Son Nhat Airport to be even longer compared to other neighboring provinces.
  • Lack of on-site ports/airports: The absence of a deep-water seaport or direct airport forces businesses to accept higher road logistics costs in the short term.
  • Highly skilled technical personnel:
  • Limited supply of quality human resources: The supply of technical workers and senior management experts still mainly relies on recruitment from Ho Chi Minh City , leading to the need for special salary and benefits policies to attract and retain talent.
  • Local procedures are not yet fully standardized:
  • Despite the province’s reform efforts, according to feedback from investors, the process of obtaining construction permits and fire safety certificates sometimes takes longer than initially promised, due to the lack of seamless coordination between departments and agencies.

9.3. Realistic Assessment from Vinasc Real

Vinasc Real commented: “Tay Ninh is an excellent choice for investors seeking large land plots, low costs, and growth prospects (anticipating the expressway). However, investors need a clear project implementation strategy to avoid being caught off guard by practical weaknesses. Feedback from major investors in the textile and electronics industries in Phuoc Dong shows that administrative procedures and technical personnel are the two main obstacles. Vinasc Real closely monitors these developments, providing legal and personnel consulting teams to proactively address these issues, turning risks into a competitive advantage in terms of time for our clients.”

We believe that this multifaceted perspective will help investors make informed decisions.

10. Suggestions for choosing the right industrial park according to industry

Choosing an industrial park should not only be based on price but also on the suitability of infrastructure, supply chains, and the development orientation of the industry. Based on practical consulting experience for FDI investors, Vinasc Real offers the following recommendations:

10.1. Electronics, High Technology & Supporting Industries

These sectors require rapid logistics connections, a stable power supply , and access to skilled technical personnel from Ho Chi Minh City.

Occupation Recommended Industrial Zone Reasons for choosing Vinasc Real
Electronics, High Technology, Component Assembly Linh Trung 3 Industrial Park, Trang Bang Industrial Park Prime Location: Closest to Ho Chi Minh City, convenient for professionals commuting and transporting high-value, compact goods.
Supporting Industries Phuoc Dong Industrial Park Large scale: It is easy to find land for building large-scale factories, with the potential to form supporting industrial clusters, connecting with large manufacturers already located here.

10.2. Logistics, Mechanical Engineering and Deep Processing Industries

These industries require large land areas, locations near border crossings/major transportation routes , and the capacity to transport large volumes of goods .

Occupation Recommended Industrial Zone Reasons for choosing Vinasc Real
Logistics and Warehousing Moc Bai Border Gate Economic Zone The greatest advantage: Enjoying preferential tax and customs policies, and being located near the border crossing, is an absolute advantage for border trade.
Mechanical Engineering, Manufacturing of Building Materials Gia Binh Industrial Park, Phuoc Dong Industrial Park Large land area, favorable costs: Suitable for projects requiring large land areas, taking advantage of competitive land lease prices and good connectivity to major roads.
High-Tech Agricultural Product Processing Industrial parks in Go Dau, Phuoc Dong Industrial Park Proximity to raw materials: Located near the concentrated agricultural production area of Tay Ninh, reducing input transportation costs and having a wastewater treatment system that meets standards.

10.3. Closed-loop Textile, Garment, and Footwear Industries and Small & Medium Enterprises

These industries require standardized environmental treatment systems, low labor costs , and rapid deployment times .

Occupation Recommended Industrial Zone Reasons for choosing Vinasc Real
Textile, Dyeing, Leather and Footwear (with a large amount of waste disposal process) Phuoc Dong Industrial Park Optimal Environmental Infrastructure: Phuoc Dong Industrial Park has a large-capacity, centralized wastewater treatment system that meets the strict standards for dyeing and tanning processes.
Small and Medium Enterprises (SMEs) and Simple Outsourcing Linh Trung 3 Industrial Park, Trang Bang Industrial Park, Cha La Industrial Park Ready-built factory space: A wide range of standard factory space (RBF) rental options are available with flexible sizes, enabling SMEs to deploy quickly and reduce initial investment costs.

Confirmation of Strategic Advisor status: Vinasc Real not only provides a list but also identifies the most suitable industrial parks for investors’ business models . We help analyze the feasibility of each location based on factors such as: actual operating costs at the industrial park, the ability to obtain environmental permits, and the human resource strategy in that area.

11. Prospects for industrial development in Tuyen Quang province

Tay Ninh is entering a new development cycle, bolstered by major infrastructure projects and a strong shift in FDI capital. The province is not only focusing on the present but also has clear plans for the future, creating great opportunities for pioneering investors.

11.1. Plan for Expanding Industrial Parks and New Industrial Clusters

To meet the booming investment demand, Tay Ninh is actively implementing expansion plans and new urban planning initiatives:

  • Expanding Existing Industrial Parks: Large, highly occupied industrial parks such as Trang Bang and Linh Trung 3 are planning expansion phases or land-use conversions to increase leasable area.
  • Planning for new industrial parks/clusters: The province is planning for new industrial parks and many concentrated industrial clusters, especially in areas along future expressways and near border crossings. The development of these clusters will support small and medium-sized enterprises (SMEs) and supporting industries.
  • Industrial Urban Development: The development of industrial zones must be closely linked to urban development, services, and social housing to ensure a decent standard of living for workers and create sustainability.

11.2. FDI Flows by Trend

Tay Ninh is attracting the attention of major global investors, especially in the context of the restructuring of global supply chains:

  • The “China + 1” trend: Tay Ninh is an ideal destination for businesses from China, Taiwan, and South Korea looking to diversify their production away from China. Large-scale textile, footwear, and electronics component projects are the clearest evidence of this.
  • Capital flows from Europe and the US: A strong increase in FDI from these regions is expected in high-tech and renewable energy sectors (such as solar power), taking advantage of the province’s large land reserves and clean energy incentive policies.
  • Improving the Quality of FDI: The province prioritizes projects that utilize advanced technology, are less labor-intensive, and have a positive impact on the environment, rather than simply attracting projects focused on processing and manufacturing.

11.3. Golden Opportunity for Early Investors

The current period is considered a “strategic investment phase” in Tay Ninh:

  • Take advantage of low prices: Early investors can lease land at favorable prices before the Ho Chi Minh City – Moc Bai Expressway is completed (which is expected to increase industrial park land lease prices in this area by 20% or more).
  • Location advantage: There are many options for prime locations and large plots of land suitable for building factories and complex projects, which are no longer available in neighboring provinces.
  • Tax incentives: Large-scale, high-tech investors have the opportunity to receive specific preferential policies from the province earlier.

11.4. Data and Future Prospects from Vinasc Real

Vinasc Real’s outlook: “Tay Ninh will undergo a strong transformation in the next 3-5 years, becoming a major industrial and logistics center in the South, on par with Long An and Ba Ria – Vung Tau. Data we have collected through our network of collaborators and investment promotion meetings shows that the demand for land leases from large foreign corporations is exceeding the current supply capacity of some industrial parks. This indicates that the value of industrial real estate will continue to increase sharply .”

“We strongly recommend that investors in the logistics and mechanical engineering sectors immediately reserve space in industrial parks near the future expressway, because once the expressway is completed, this opportunity will no longer be available at the current price.”

12. Contact for investment consultation and support in Tuyen Quang province.

Vinasc Real – Partnering with FDI investors from survey and selection to operation.

Investing in a new market requires a deep understanding of legal, market, and local procedures. Vinasc Real is proud to be a provider of comprehensive solutions, accompanying international investors throughout the project implementation process in Tay Ninh and Vietnam.

Vinasc Real’s Comprehensive Support Services

We offer a comprehensive range of services, ensuring investors can confidently implement their projects quickly and efficiently:

  • Accurate Data & Field Surveys:
  • Providing accurate and continuously updated information and data on industrial parks and clusters nationwide (rental prices, occupancy rates, technical infrastructure).
  • Support on-site surveys in Tay Ninh and other provinces and cities, and arrange direct meetings with the Industrial Park Investor’s Management Board.
  • Comprehensive Legal and Investment Consulting:
  • Legal: In-depth consultation on the process of applying for IRC/ERC (Investment/Enterprise Registration Certificate), land lease procedures, Construction Permits, and Environmental Permits.
  • Accounting – Taxation: Developing optimal capital structures, advising on tax incentives, and supporting local tax compliance issues.
  • Human Resources: Providing support and advice on competitive salaries, labor regulations, and recruitment strategies in Tay Ninh.
  • National Support Network:
  • We have a team of collaborators and partner companies with in-depth market knowledge in almost all 63 provinces and cities of Vietnam.
  • We are ready to assist foreign investors in multiple languages: English, Korean, Japanese, and Chinese , ensuring that information is conveyed accurately and effectively.

Vinasc Real’s commitment

Commit: “We don’t just show locations – we help investors choose the right place to succeed.”

Vinasc Real is committed to being your “strategic advisor ,” ensuring that all investment decisions in Tay Ninh are based on factual data, objective analysis, and compliance with Vietnamese law.

13. Frequently Asked Questions (FAQ)

This section will provide concise and direct answers to the most common questions investors have when exploring industrial investment opportunities in Tay Ninh.

13.1. What are the rental prices for industrial park space in Tay Ninh?

  • Industrial land lease prices: The current lease price range for industrial land in Tay Ninh is approximately 85 – 130 USD/m2 (for the remaining lease term, depending on the industrial park’s location). New industrial parks and border gate areas offer better prices.
  • Rental price for ready-built factory space (RBF): Approximately 5 – 5.5 USD/m2/month (excluding VAT and management fees).
  • Management fee: Typically ranges from 4 – 0.7 USD/m2/month .
  • Vinasc Real Consulting: The specific price depends on the industrial park, the leased area, and the contract signing date. Vinasc Real will provide a detailed quotation and assist in negotiating the best possible price.

13.2. What is the land lease term and investment registration procedure?

  • Land lease term: The maximum land lease term for FDI projects in industrial parks is 50 years , calculated from the date of issuance of the Investment Registration Certificate (IRC).
  • Investment registration procedure: Investors need to apply for an Investment Registration Certificate (IRC) and an Enterprise Registration Certificate (ERC) .
  • Tay Ninh province is implementing a “one-stop shop” mechanism and is committed to shortening the processing time for applications. However, the actual time will depend on the project scale and the completeness of the application.
  • Vinasc Real has a team of dedicated lawyers to support the entire process, ensuring it is carried out quickly and in compliance with the law.

13.3. What corporate income tax incentives does the province offer?

  • Tay Ninh applies the highest corporate income tax incentives as stipulated by Vietnamese law, especially in the Moc Bai Border Gate Economic Zone and industrial parks planned within the preferential zone.
  • Common incentives include: Exemption from corporate income tax for 4 years , and a 50% reduction in tax payable for the following 9 years , applicable to certain industries and regions.
  • In addition, there are incentives such as import tax exemptions for machinery and equipment used to create fixed assets.

13.4. Which industrial park is suitable for my profession?

  • Textile and Garment Industry, Leather and Footwear Industry: It is advisable to choose Phuoc Dong Industrial Park or other industrial parks with large-scale and stable wastewater treatment systems that meet strict standards.
  • Electronics and High-Tech Industries: Industrial parks near Ho Chi Minh City, such as Linh Trung 3 Industrial Park and Trang Bang Industrial Park, should be chosen to optimize logistics and technical personnel.
  • Logistics and Border Trade Sector: The Moc Bai Border Economic Zone is the top choice.
  • Vinasc Real’s recommendation: We will conduct a detailed analysis of your project’s needs regarding land area, electricity/water capacity, and environmental requirements to provide the most accurate industrial park recommendations.

13.5. Can Vinasc Real assist with surveying or comparing industrial parks?

  • This is one of Vinasc Real ‘s core strengths .
  • We provide multidimensional comparative data between industrial parks in Tay Ninh and neighboring provinces.
  • We will organize and accompany investors during on-site surveys , arrange direct meetings with the Industrial Park developer, ensuring investors have the most realistic and objective view before making investment decisions.

14. Vinasc Real’s nationwide network of partners and collaborators

Understanding the local market is key to success in industrial real estate investment. Vinasc Real is not just a consulting company in Ho Chi Minh City, but a nationwide connected ecosystem , ensuring investors receive the most accurate, timely, and in-depth information.

14.1. Extensive Network of Local Collaborators & Experts

We have successfully built a network of strategic partners including:

  • Local Real Estate Brokerage & Exchange Companies: These entities possess real-time market transaction information.
  • Provincial Investment Promotion Organization: Units that work directly with local authorities and industrial park investors.
  • Local Experts (Lawyers, Accountants, Human Resources): Individuals with in-depth knowledge of administrative procedures and the legal environment in each province.

This network has expanded to 34 key industrial development provinces and cities nationwide, from Bac Ninh, Hai Phong, Hanoi to Tay Ninh, Binh Duong, Long An, and Ba Ria – Vung Tau.

14.2. The Crucial Role of Networks

Local collaborators and partners play an indispensable role in ensuring Vinasc Real delivers superior service:

  • Price and Policy Updates: Continuously updated actual land lease prices , the latest infrastructure progress , and changes in provincial policies and planning.
  • On-Site Survey Support: We provide support in preparing and conducting quick on-site surveys.  Saving investors travel time and allowing them to work directly with local decision-makers.
  • On-site Problem Solving: When a project encounters procedural obstacles. Vinasc Real’s local partners can intervene and provide timely support in resolving the issue.

14.3. Combined Model

Vinasc Real operates on an advanced model, perfectly combining centralized information and local expertise:

  • Central Data Aggregation: Vinasc Real plays a key role in aggregating, analyzing, and standardizing data from all provinces and cities, generating objective comparative reports and comprehensive investment strategies.
  • Local Expertise: Collaborators provide “live information” about the market, progress, and work culture in the province.

Conclusion: This model helps FDI investors receive consistent strategic advice from Vinasc Real, while also being supported by the in-depth understanding and rapid response of local experts.

15. Why choose Vinasc Real as your investment partner in Vietnam?

Criteria The value that Vinasc Real brings
National network We collaborate with most industrial parks and local partners in 34 provinces and cities.
Practical FDI experience Over 10 years of supporting investors from Japan, Korea, the EU, and the US.
Reliable & Up-to-Date Data Updates from investors, Department of Planning and Investment, Industrial Park Management Board
Complete solution From surveying – land leasing – investment permit application – operation
Commitment to accompany Supporting FDI throughout the project lifecycle.

Investors are looking for opportunities in Vietnam?

Let Vinasc Real and our team of local collaborators accompany you on your journey to effective and sustainable investment.”