The logistics and warehouse sector in Northern Vietnam continues to see new developments through additional warehouse supply and new logistics infrastructure projects. Recent updates from the market include the expansion of warehouse stock across Northern Vietnam and the approval of a next-generation logistics complex in Hai Phong. Together, these developments provide new capacity for warehousing and logistics activities in the region.
New Warehouse Supply Expands Northern Vietnam’s Capacity (1)
Northern Vietnam’s warehouse market reached approximately 2.2 million square meters of total stock in 2025, supported by newly completed projects across the region. According to the market report, the increase in supply contributed to the continued growth of warehouse capacity, reflecting ongoing development activity in key industrial areas.
Among the newly completed projects was a logistics facility developed by Jeli Logistics in Hai Phong, which added approximately 70,000 square meters of warehouse space. The project was identified as one of the contributors to the region’s expanding warehouse inventory and formed part of the new supply entering the market during the period.
Despite the additional supply, warehouse occupancy across Northern Vietnam remained at approximately 81%. The report also noted that demand continued to come from manufacturing, logistics, and e-commerce occupiers. Together, these figures provide a snapshot of current warehouse market conditions in the region.
Hai Phong Approves a US$68 Million Logistics Complex
Hai Phong has approved the development of a next-generation logistics complex with a total investment of nearly VND1.77 trillion, equivalent to approximately US$68 million. The project represents one of the latest logistics developments announced in the city and adds to the pipeline of logistics-related infrastructure projects. (2)
The logistics complex will be developed in Nam Dinh Vu Industrial Park and is planned to cover more than 13 hectares. According to the approved plan, the project will provide warehousing, cargo handling, transportation, and supply chain support services. These functions form the core scope of the development announced by the city. (2)
The approval of the project follows other logistics-related developments reported in Hai Phong. Notably, the Jeli Logistics warehouse facility highlighted in the Northern Vietnam warehouse market report is also located in the city. Together, these projects reflect recent logistics and warehouse development activity associated with Hai Phong and Nam Dinh Vu Industrial Park. (1; 2)
New Supply and Investment Shape Recent Logistics Developments (1; 2)
The two reports highlight different aspects of logistics sector activity. One focuses on the expansion of warehouse stock across Northern Vietnam, while the other details a newly approved logistics infrastructure project in Hai Phong. Combined, they provide a broader picture of recent developments in warehousing and logistics facilities.
The warehouse market report recorded approximately 2.2 million square meters of total stock and an occupancy rate of around 81%, while the Hai Phong project announcement outlined a logistics complex valued at nearly US$68 million. These figures represent some of the latest reported developments within their respective segments.
For Hai Phong, recent updates include both the completion of additional warehouse capacity and the approval of a large-scale logistics project within Nam Dinh Vu Industrial Park. Together, these developments add new warehouse space and planned logistics infrastructure to the market, contributing to the latest logistics activity reported for the city.
In conclusion, recent developments in the logistics warehouse Hai Phong market include the completion of new warehouse space and the approval of a next-generation logistics complex. Northern Vietnam’s warehouse stock reached approximately 2.2 million square meters with occupancy at around 81%, while Hai Phong approved a logistics complex valued at nearly VND1.77 trillion (US$68 million) within Nam Dinh Vu Industrial Park.
These projects represent some of the latest logistics and warehouse developments reported for Northern Vietnam and Hai Phong.
Source:
(1). Real Estate Asia
(2). VN Economy