List of industrial zones in Ho Chi Minh City

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 Ho Chi Minh City.

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

Ho Chi Minh City is not only the largest city but also the economic, financial, scientific and technological center and the most important industrial engine of Vietnam, playing a leading role in the entire Southern Key Economic Region.

1.1. Geographic location, strategic advantages, and supply chain

• Strategic Location: Ho Chi Minh City is located in the heart of the Southern Key Economic Region, serving as a crucial international gateway for Vietnam.
• Superior Transportation and Logistics Advantages:
• Seaports: Possessing the largest seaport system in the country, notably Cat Lai Port and proximity to Cai Mep – Thi Vai Port, creating a significant advantage for import and export.
• Airport: Tan Son Nhat International Airport is located here , ensuring international and domestic air connections.
• Transportation hub: This is the starting/ending point of most major transportation routes: highways, national roads, and railway systems.
• Complete supply chain: A hub for banks, investment funds, and professional service companies, creating the most complete financial, service, and supporting industrial supply chain in Vietnam.

1.2. Investment Attraction Policies and Guidelines

Ho Chi Minh City has shifted from a “quantitative development” model to a “quality and in-depth development” model .

• Orientation: Stop licensing labor-intensive and environmentally polluting projects and focus on attracting investment in four key industries and high-tech sectors , finance, and high-quality services .
• Policy: Focus on administrative reform and invest heavily in high-tech zones and high-tech agricultural zones to attract R&D projects.

1.3. Scale of Industrial Development – Industrial Parks

• Current situation: Ho Chi Minh City currently has 17 industrial parks/export processing zones operating stably, along with 3 high-tech zones and a high-tech agricultural zone .
• Scale: The total planned industrial land area is quite limited, and the occupancy rate has reached almost 100% in most inner-city industrial parks.
• Future Orientation: Ho Chi Minh City aims to develop existing industrial parks/high-tech zones towards high-tech, ecological, and smart technologies , while transforming older industrial parks into creative urban areas, prioritizing the development of modern logistics services .

1.4. Assessing the Role in the National Industrial Network

Ho Chi Minh City plays the role of the “Brain” and “Heart” of Vietnam’s industrial network:

• R&D and High-Tech Center: Ho Chi Minh City (along with Hanoi) is the largest electronics and information technology center in the country, especially with the presence of the Ho Chi Minh City High-Tech Park (SHTP).
• Logistics and Trade Centers: Their role as gateways for import and export and logistics hubs is irreplaceable.
• Regional Driving Force: Ho Chi Minh City provides financing, high-quality human resources, and support services to satellite industrial parks in neighboring provinces such as Binh Duong, Dong Nai, and Long An.

1.5. Vinasc Real’s Assessment of FDI Investment Potential in Ho Chi Minh City

Vinasc Real commented: “The potential for FDI investment in Ho Chi Minh City remains very large, but has shifted to the high-end segment . Investors are not coming to Ho Chi Minh City to find cheap land for factory construction, but to find strategic locations, access to technology, financial services, and high-quality human resources . The current opportunity lies in leasing/buying ready-built factories or investing in high-tech parks with R&D goals. Industrial park land rental prices in Ho Chi Minh City are already the highest in the country , but this reflects the unique connectivity and supply chain value that no other province possesses.”

2. Connecting infrastructure and logistics advantages

Infrastructure and logistics are Ho Chi Minh City’s core and irreplaceable competitive advantages, making it the most important trading hub in Vietnam.

2.1. Multimodal Transportation System

Ho Chi Minh City boasts the most diverse and integrated transportation network in the country, optimizing all forms of goods and passenger transport:

• Seaports & Waterways:
• Cat Lai Port: Vietnam’s largest container port, ensuring smooth international trade.
• The port system on the Saigon and Dong Nai rivers: Allows for the transportation of domestic and inter-provincial goods by waterway, reducing pressure on road transport.
• Airport:
• Tan Son Nhat International Airport: The most important air cargo hub in the South, ideal for high-tech, high-value industries requiring high speed.
• Long Thanh Airport: Will strengthen Ho Chi Minh City’s role as an international aviation hub and the key economic region.
• Road:
• Expressways: Ho Chi Minh City is the intersection point of major expressways: Ho Chi Minh City – Long Thanh – Dau Giay , Ho Chi Minh City – Trung Luong , and Ben Luc – Long Thanh .
• National Highways: The network of National Highways 1A, 22, and 50 connects the city with neighboring provinces and cities.
• Railways: The North-South railway line starts and ends in Ho Chi Minh City.

2.2. Industrial Infrastructure and Services

The technical infrastructure in Ho Chi Minh City’s industrial parks/export processing zones meets high standards and is regularly maintained and upgraded:

• Electricity, Water, and Telecommunications: Ensuring stable and high-capacity supply is especially important for high-tech projects in the Saigon Hi-Tech Park (SHTP) .
• Environmental Management: Industrial parks/export processing zones all have centralized wastewater treatment systems that meet standards; however, due to limited land, projects with high wastewater discharge levels are often not granted permits.
• Logistics & Amenities: Located right in the city center, the industrial parks offer easy access to professional logistics centers, residential areas, urban amenities, international schools, and hospitals , creating optimal living and working conditions for foreign experts and high-skilled workers.

2.3. Regional Linkages and Supporting Industrial Supply Chains

• Key Economic Zone Linkage: Ho Chi Minh City serves as the central coordinating hub for all production, finance, and trade activities in the Southern Economic Zone.
• Human Resource Training Center: Bringing together leading universities and research institutes to provide highly skilled technical and management personnel.
• Supporting Supply Chain: This is the cradle of supporting industrial enterprises, helping FDI investors easily find suppliers of components and manufacturing services, minimizing costs and supply chain risks.

2.4. In-depth review from Vinasc Real

Realistic Assessment: “Ho Chi Minh City’s biggest advantage is its speed and reliability . The distance from the industrial park to Cat Lai Port is only about 15-30 minutes, minimizing domestic transportation costs – a key factor for export businesses. However, traffic congestion on the roads leading to the port/city center remains a major challenge. Vinasc Real constantly updates on the actual congestion situation and advises investors on choosing industrial park locations that are suitable for goods transportation times, especially those with access to new ring roads.”

Conclusion: Advantages and Disadvantages of Infrastructure

Ho Chi Minh City’s infrastructure and logistics fully meet the needs of high-quality industrial development, R&D, and services , aligning with the city’s selective FDI attraction strategy.

3. Population and the Labor Market

As the largest economic center in the country, Ho Chi Minh City’s labor market has unique characteristics: high quality, fierce competition, and the highest labor costs in Vietnam.

3.1. Population Size and Characteristics

Ho Chi Minh City is a megacity, the most densely populated area in the country, creating a huge consumer market and an abundant but challenging workforce.

3.2. Workforce, Human Resource Quality, and Aging Rate

• Labor Force: With over 5 million people in its workforce, Ho Chi Minh City ensures a sufficient supply for all industries, from unskilled laborers to high-level professionals.
• Human Resource Quality: Ho Chi Minh City concentrates over 80% of the leading universities, colleges, and vocational training institutions in the South. It provides a high-quality workforce, including middle and senior managers , and R&D experts for the entire Southern Key Economic Region.
• Aging Rate: Mechanically, Ho Chi Minh City is showing signs of aging faster than neighboring provinces due to the high cost of living, which causes many young people to migrate to the suburbs. However, the massive influx of migrant workers has helped balance and maintain the youthful pace of this market.

3.3. Conclusion: Advantages and Disadvantages in Labor-Consumption

3.4. Expert Opinion from Vinasc Real

Vinasc Real stated: “In Ho Chi Minh City, the issue is no longer ‘how many people can be recruited’ but ‘recruiting the best personnel’ . Industrial parks/high-tech zones in Ho Chi Minh City are ideal choices for corporations wanting to establish headquarters, R&D centers , or factories producing components requiring ultra-precise technology. We understand that personnel costs here are very high, so Vinasc Real focuses on supporting investors in building competitive compensation policies , connecting with universities and research institutes , and advising on core personnel recruitment strategies to ensure operational quality.”

4. Investment incentive policies and legal environment of Ho Chi Minh City

The legal environment in Ho Chi Minh City is considered the most transparent and professional in the country. The city competes not through land incentives or low tax rates, but through the quality of administrative services, legal infrastructure , and incentives focused on high technology and R&D .

4.1. Tax and Land Incentive Policies

Ho Chi Minh City applies preferential policies as stipulated by Vietnamese law, focusing on the Saigon High-Tech Park (SHTP) and projects in priority sectors.

4.2. Specific Support Policies of the City

Ho Chi Minh City has specific support mechanisms, focusing on creating the most favorable conditions for high-quality investors:

• Administrative Procedure Support: Ho Chi Minh City is a pioneer in implementing the One-Stop Shop mechanism and high-level integrated one-stop shop, especially at the Management Board of Export Processing Zones and Industrial Parks (HEPZA) and the Management Board of SHTP, helping to shorten the time for granting investment permits (IRC/ERC).
• Human Resource Development Support: The city has programs in partnership with universities, especially programs to train high-quality specialists and engineers to meet the needs of FDI projects.
• R&D and Innovation Support: The city has funds and programs to provide financial support for research, development of new technologies, and technology transfer.

4.3. Core Legal Procedures to be Followed

Despite a transparent legal environment, investors must still strictly adhere to prescribed procedures:

• Procedure for Investment Policy Decision/Issuance of IRC: For large projects, an Investment Policy Decision is required before the IRC can be issued.
• Land Lease/Sublease Procedure: Sign a land sublease contract with the Industrial Park Developer or work with the SHTP Management Board.
• Construction and Fire Safety Permits: Construction and fire safety inspection procedures are very strict in urban areas and industrial zones.
• Environmental Permit: Environmental Impact Assessment (EIA) or Environmental Protection Plan, which must ensure strict emission standards due to the city’s restrictions on polluting projects.

4.4. Vinasc Real: Partnering from Data to Legal Matters

Affirming Value: Vinasc Real is a comprehensive partner, helping investors overcome the complex legal barriers of a megacity like Ho Chi Minh City.

• Specialized Expertise: Our team of lawyers possesses in-depth knowledge of the legal processes at HEPZA and SHTP , two key investment management agencies of the City.
• Time Optimization: We provide professional document preparation support, represent investors in dealings with relevant authorities, and help them minimize the time required for obtaining permits, especially those related to land and environment, ensuring rapid project implementation and strict compliance with legal regulations.

5. Priority sectors for attracting investment in Ho Chi Minh City.

high value-added projects that utilize advanced technology and have a high intellectual content , instead of projects that are labor-intensive.

5.1. Sectors encouraged for development

Ho Chi Minh City prioritizes attracting investment in four key industrial sectors and cutting-edge service and technology industries:

• Electronics, Information Technology (IT), and Semiconductor Chip Industry: Includes R&D, chip design, precision electronic component manufacturing, software, and IT services.
• Precision Engineering and Automation: Manufacturing of high-tech industrial machinery and equipment, robots, and automation solutions.
• Pharmaceuticals and Basic Chemicals (non-polluting): Manufacture of medicines, medical supplies, and biopharmaceuticals.
• Food and Beverage Processing: Deep processing of food products, application of modern technology, ensuring food safety and hygiene.
• Services and Logistics Industry: Finance, R&D services, design, smart warehousing and logistics.

5.2. Strategic Reasons for Choosing Industry Groups

This choice is based on optimizing the advantages of the city’s human resources, location, and infrastructure :

• High-Quality Human Resources: Ho Chi Minh City is the largest human resource training center, providing an abundant supply for the IT, R&D, and precision engineering industries , sectors that require highly qualified engineers and specialists.
• Logistics Infrastructure: The electronics and pharmaceutical industries require fast transportation. A location near Tan Son Nhat Airport and Cat Lai Port is a significant advantage.
• Strategic Orientation: Focus on the Saigon Hi-Tech Park (SHTP) to attract R&D and core technology projects, positioning Ho Chi Minh City as the innovation hub of Southeast Asia .
• Land Conservancy: Eliminate land-intensive and polluting projects, such as raw textile dyeing or heavy machinery, to reserve scarce land for the most economically efficient industries.

5.3. Industry Fit Analysis

Based on its experience advising multinational corporations, Vinasc Real offers the following assessment of practical suitability:

Expertise Confirmation: Vinasc Real understands that, for Ho Chi Minh City, investors must calculate labor and R&D costs per square meter of land. We not only introduce SHTP, but also analyze the net benefits of locating R&D facilities in SHTP compared to locating factories in suburban industrial parks, helping businesses optimize costs and investment efficiency.

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

the highest land and factory rental prices in the country, reflecting its superior advantages in location, logistics infrastructure, and workforce quality. Investment costs here are suitable for high-tech, R&D, and high-value-added projects .

6.1. Land lease price framework for industrial land and high-tech zones.

100% occupied , land rental prices are usually very high.

Note: Land rental prices in Ho Chi Minh City are highly volatile, primarily driven by secondary market (transfer) prices. The prices above are estimates and may change depending on the remaining lease term.

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

Many investors choose to lease RBF in Ho Chi Minh City to take advantage of the rapid deployment speed and avoid high construction costs.

6.3. Price Comparison Between Typical Industrial Parks (Analysis by Vinasc Real)

The differences in rental prices in Ho Chi Minh City clearly reflect the locational advantages and strategic direction of each area:

Vinasc Real’s Expertise: “Rental prices in Ho Chi Minh City are not a barrier, but a filter for investors. Vinasc Real not only provides quotes, but also analyzes net cost-benefit . We often advise FDI investors to compare factory rental costs in Ho Chi Minh City with the cost of building a factory in Long An/Dong Nai plus transportation costs to clearly see the difference. We are committed to being the most reliable source of information to help investors make decisions based on overall economic efficiency calculations.”

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

The assessment of Ho Chi Minh City must be based on its status as a megacity that has reached a saturation point. The city’s strength lies in its quality , but this comes with high costs and scarcity .

9.1. Strengths

Ho Chi Minh City possesses advantages not found in any other province in Vietnam, making it ideal for high-value projects:

• Absolute Geographical Location and Logistics Infrastructure:
• It serves as a central hub connecting all modes of transportation: the largest seaport, Tan Son Nhat International Airport, and a major highway junction.
• Optimizing international shipping costs: Shortest distances to ports/airports, reducing costs and time for import and export goods.
• High-Quality Human Resources and R&D:
• The largest source of expertise: A hub for top-tier management, finance, IT, and R&D engineering professionals.
• Innovation Center: The presence of the Saigon Hi-Tech Park (SHTP) and a robust startup ecosystem fuels research and development.
• Legal Environment and Services:
• Transparency and Professionalism: High-quality administrative and legal services, reducing compliance risks for FDI investors.
• Complete Service Supply Chain: Easy access to leading auditing, law, and finance firms.
• Quality-Focused Policy: A policy of selectively attracting investment and creating a fair investment environment for technology projects.

9.2. Weaknesses

The main weaknesses in Ho Chi Minh City relate to costs and land availability, requiring investors to have a lean investment strategy.

• The most expensive investment cost:
• Limited land availability: Most industrial parks are 100% occupied, leading to the highest land lease prices in the country, primarily in the secondary market.
• High Operating Costs: The high regional minimum wage (Region I) and high cost of living result in the highest labor and management costs .
• Infrastructure Challenges:
• Traffic congestion: Frequent traffic jams, especially on routes leading to ports/industrial zones, increase costs and risks of delays in domestic logistics.
• Internal administrative procedures:
• Despite the overall transparent environment, according to investor feedback, due to the city’s complex and multi-sectoral nature, some procedures related to fire safety, environment, and construction still take longer to approve compared to newly established provinces.
• Restrictions on Industry: No longer suitable for labor-intensive projects, high-volume production, or polluting industries.

9.3. Realistic Assessment from Vinasc Real

Vinasc Real stated: “Ho Chi Minh City is an investment location focused on quality, speed, and intelligence, not cost . Feedback from investors in the High-Tech Park and port-side industrial zones indicates they are willing to pay rental prices 2-3 times higher than neighboring provinces because they cannot find the same level of human resources and logistics elsewhere. However, the biggest challenge is finding clean land for expansion. Vinasc Real regularly works with industrial park developers and businesses transferring land to seize opportunities to lease remaining factory space or rare land plots , helping investors get ahead and turn the challenge of scarcity into a competitive advantage in terms of time.”

This objective assessment confirms Vinasc Real’s deep understanding of the real market in Ho Chi Minh City.

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

In Ho Chi Minh City, the selection of industrial parks should prioritize location, connectivity, and human resources over cost. Vinasc Real recommends that investors target industrial parks that are clearly defined for each industry group.

10.1. Electronics, High Technology & R&D

These industries prioritize intellectual capital, speed of development, and connectivity with technology supply chains .

10.2. Logistics, Mechanical Engineering, and Pharmaceutical Industries

These industries require large land areas, direct access to seaports , and infrastructure that meets specific production standards .

10.3. Small and Medium Enterprises (SMEs) and the Food Processing Industry

These industries require flexibility, more reasonable costs, and proximity to large consumer markets.

Confirmation of Strategic Advisor status: Vinasc Real recommends that investors in Ho Chi Minh City consider Opportunity Costs . Instead of searching for vacant land, look for suitable ready-built factory (RBF) in target industrial parks. We are committed to using our nationwide network to find rare land/factory plots for transfer, helping clients quickly locate properties in this economic hub.

11. Industrial development prospects of Ho Chi Minh City province

Ho Chi Minh City’s industrial prospects lie not in increasing land area but in improving quality, technological depth, and connectivity within global value chains. The city is undergoing a strong transformation to become a regional innovation hub.

11.1. Industrial Development and Transformation Plan

Ho Chi Minh City has no plans for large-scale industrial park expansion, but instead focuses on transformation and upgrading:

• Functional Transformation: The city is implementing a plan to transform some old industrial parks/export processing zones into creative urban areas, service zones, and R&D centers , as part of its urban planning roadmap.
• Expanding SHTP: The plan to expand and upgrade the infrastructure of the Saigon High-Tech Park (SHTP) focuses on establishing integrated circuit design centers, data centers , and advanced research facilities, consolidating its leading position in technology.
• Developing Smart Logistics: Strengthening the planning of satellite logistics centers at city gateways and promoting the application of technology in supply chain operations.

11.2. FDI Flows by Quality Trend

Foreign direct investment (FDI) flowing into Ho Chi Minh City is clearly demonstrating a shift towards quality and intellectual capital :

• Growth from the US, Europe, and Japan: FDI from developed markets will focus on R&D, green technology, fintech , and high-quality healthcare services , leveraging their abundant skilled workforce.
• Core Technology Manufacturing: Major corporations from South Korea and Taiwan will continue to invest in semiconductor chips and precision components at SHTP, where they benefit from maximum tax incentives and proximity to partners.
• Mergers and Acquisitions (M&A) Trend: Due to land scarcity, the trend of M&A and acquisition of existing projects to expand production scale will become common, especially in urban industrial parks.

11.3. Strategic Opportunities for Early Investors

Investment opportunities in Ho Chi Minh City are not about “getting there early” in the sense of finding cheap land, but about “securing a prime location” and “participating in the technology supply chain” .

• Investing in SHTP: High-tech investors should quickly apply for licenses at SHTP to take advantage of the 10% corporate income tax incentive and participate in the city’s R&D ecosystem before land resources there are exhausted.
• Dominating Logistics Real Estate: Investing in modern warehouses, cold storage, and value-added logistics services in suburban industrial parks will benefit from the growth of e-commerce and domestic distribution needs.
• SME Services/Technology: Choose to rent office/premises in service areas near industrial parks to provide supporting industrial services (engineering, maintenance, IT) to large investors.

11.4. Data and Future Prospects from Vinasc Real

Vinasc Real commented: “Ho Chi Minh City’s industrial vision is to become the ‘second Singapore’ in terms of quality. Land lease prices will continue to rise, but the return on investment (ROI) will also be the highest.” Nationwide, as long as your project falls within the high-tech, service, or logistics sectors. Our collected data indicates that the few remaining vacant land plots/factories in Hiep Phuoc Industrial Park or SHTP are often quietly transferred before being officially launched to the market. Vinasc Real is committed to leveraging its network to seize these opportunities, helping investors secure strategic locations and ensuring they don’t miss out on potential transfer projects.

12. Contact for investment consultation and support in Ho Chi Minh City.

“Vinasc Real – Accompanying FDI investors from survey, selection to operation.”

Investing in Ho Chi Minh City is a strategic decision, requiring accurate information and professional support. Vinasc Real is a reliable partner, providing comprehensive solutions to ensure your project is implemented smoothly and efficiently.

12.1. Comprehensive Investor Support Services in Ho Chi Minh City

We offer a comprehensive range of services, focusing on quality and compliance with the legal requirements of the Ho Chi Minh City market:

• Data & Field Surveys:
• Providing accurate and continuously updated information and data on industrial parks, export processing zones, and high-tech zones (SHTP)
• Assisting with on-site surveys in Ho Chi Minh City, arranging direct meetings with the Industrial Park Investor and the SHTP Management Board.
• 360-Degree Comprehensive Consulting:
• Legal – Investment: In-depth support for IRC/ERC application processes , land lease procedures, building permits, and environmental permits.
• Accounting – Taxation: Advising on tax incentives, optimizing capital structure, and tax compliance in Region I, which has complex regulations.
• Human Resources: Consulting on recruitment strategies and developing competitive compensation and benefits policies for high-quality personnel in the Ho Chi Minh City market.
• Multilingual Support Network:
• We are ready to assist foreign investors in multiple languages: English, Korean, Japanese, and Chinese , ensuring smooth communication and information exchange.
• Leverage our nationwide network of collaborators to compare investment opportunities between Ho Chi Minh City and neighboring provinces.

12.2. 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 Ho Chi Minh City are based on overall economic efficiency calculations, factual data, and strict legal compliance.

13. Frequently Asked Questions (FAQ)

This section provides concise answers to the most fundamental questions investors have when exploring industrial investment opportunities in Ho Chi Minh City.

13.1. What are the rental prices for industrial parks in Ho Chi Minh City?

• Industrial land rental prices: Land rental prices in Ho Chi Minh City’s industrial parks are among the highest in the country , typically ranging from 180 to 350 USD/m2 (for the remaining lease term).
• Rental price for Ready-Built Factory (RBF): Approximately 5 – 8.0 USD/m2/month .
• Special price: The Saigon Hi-Tech Park (SHTP) offers more favorable land/factory rental rates but comes with stringent requirements regarding technology, capital, and R&D.
• Vinasc Real Consulting: Since the market is primarily focused on transfers, Vinasc Real will provide realistic pricing and support negotiations based on the legal status of the land/factory.

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

• Land lease term: The maximum land lease term for FDI projects is 50 years . Since many industrial parks have been operating for many years, the remaining lease term may be shorter.
• Investment registration procedure: Investors need to apply for an Investment Registration Certificate (IRC) and an Enterprise Registration Certificate (ERC) .
• Note: Procedures in Ho Chi Minh City (especially at HEPZA and SHTP) are quite strict and professional , but project documents must meet high standards regarding environment and technology.
• Vinasc Real is committed to providing comprehensive support, especially in preparing technical and environmental documents to shorten the licensing time.

13.3. What corporate income tax incentives does Ho Chi Minh City offer?

• The highest corporate income tax incentives are only applied to investment projects in the Saigon Hi-Tech Park (SHTP) or high-tech projects as defined by law.
• Applicable incentives: 10% tax rate for 15 years; tax exemption for 4 years and a 50% reduction in tax payable for the following 9 years .
• Other conventional industrial parks/export processing zones are no longer eligible for corporate income tax incentives; therefore, the project’s competitive advantage must come from technology and logistics , not taxes.

13.4. Which industrial park is suitable for my profession?

• For the Electronics and R&D sector, the optimal choice is the Saigon High-Tech Park (SHTP) or industrial parks near the city center.
• Logistics and Heavy Machinery industries: Industrial parks with ports, such as Hiep Phuoc Industrial Park or Cat Lai Industrial Park , should be chosen .
• Food Processing Industry, SMEs: Suitable for suburban industrial parks with complete infrastructure such as Tan Tao Industrial Park, Le Minh Xuan Industrial Park .
• Vinasc Real’s recommendation: We will analyze your business model, combining it with data on personnel costs and logistics efficiency at each industrial park to provide the most accurate advice.

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

• This is a core service of Vinasc Real .
• We provide multi-dimensional comparative data on rental prices, lease conditions, and infrastructure quality between industrial parks in Ho Chi Minh City and neighboring provinces.
• We organize and accompany investors during site surveys, working directly with the developer and management board, ensuring you receive the most up-to-date information.

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

Vinasc Real understands that the Vietnamese industrial real estate market varies significantly between localities. Therefore, we have built a nationwide interconnected ecosystem to ensure that FDI investors receive accurate, up-to-date, and in-depth information from the local level.

14.1. Widespread Local Expert System

Our network is not just a partnership, but also an “extended arm” in various provinces and cities, including:

• Brokerage & Consulting Firm: Understanding actual transactions, occupancy rates, and transfer prices.
• Local Investment Promotion Organization: Possesses a thorough understanding of the province’s development direction and specific incentives.
• Local Experts (Lawyers, Accountants): Possess a thorough understanding of the procedures and work culture of the provincial government.

This network now spans 34 key provinces and cities attracting FDI, from major industrial centers like Hanoi, Hai Phong, and Bac Ninh, to emerging markets such as Binh Phuoc, Tay Ninh, and Long An.

14.2. The Core Role of Collaborators

Local collaborators play a vital role, especially in investing in emerging markets:

• “Live Information” Updates: Providing up-to-date information on infrastructure progress , actual rental prices , and planning changes more quickly and frequently than regular reports.
• On-site Survey Support: We assist with logistics preparation and conduct on-site surveys , saving investors time and enabling them to connect and work directly with industrial park/provincial management levels.

14.3. Model

Vinasc Real operates on this unique hybrid model, making us a distinct strategic partner:

• Central Data Aggregation: Vinasc Real aggregates, analyzes, and standardizes data from its entire network, generating objective, cross- referencing reports across provinces and cities.
• Local Expertise: Collaborators provide practical knowledge on local business culture, administrative barriers, and informal investment opportunities.

Conclusion: This model helps FDI investors receive strategic and comprehensive advice from Vinasc Real, while also being supported by the in-depth understanding and rapid response of local experts, ensuring they choose the most optimal location for their project in Vietnam.

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

“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.”