Land rent in industrial zones in 2021 updated

Businesses are eager to find land and factories at an affordable price to meet their production needs. The reference to rent is a prerequisite before making a decision. The article provides you with the current land rent information.

  1. The current state of industrial land rent

Although the current pandemic’s development is still tense and there are many fluctuations, the current situation of renting industrial land and factories is still expected to increase. Because Vietnam can still control the epidemic quite well, factories and companies still have stable development and work plans during the epidemic season, so everything is maintained.

Prices are always rising because of the investment, which is improving in terms of quality and the infrastructure of these areas. It is expected to go up 8-10% compared to the same period in previous years. The reason prices are always rising is that our country has the potential to attract investment from abroad. As a result, the supply of industrial land and factories are lower than demand. So, it leads to rent prices being pushed up.

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  1. Price stabilization policy

However, Vietnam’s economic situation is still seriously affected by the epidemic as most enterprises have to suspend or maintain production activities to a minimum. Therefore, applying policies to stabilize land rents in the hopes of solving financial difficulties is key.

It can be said that the Government has promptly paid attention and intervened on this issue in the situation of the rising land rent of industrial parks “faint”. Typically, there are plans to expand the scale of industrial parks with large areas of natural land for lease. As a result, businesses will have more options, the price can be adjusted positively.

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  1. Land rent of industrial zones in Vietnam’s provinces and cities in 2021

With the advantage of attracting abundant investment capital from abroad, industrial zones are increasingly focused on large-scale development and oriented to sustainable development, continuously improving to meet market demand. This gives customers more choices in renting facilities, ensuring the quality of the land and saving costs.

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Land rent of the industrial park

In the northern provinces such as Bac Ninh, Bac Giang, Hai Duong, Hai Phong, Hung Yen, Henan, Thai Nguyen … The lowest price when renting land in an industrial park ranges from 58 to 120 USD / m2 / lease cycle. The average price ranges from $67 to $190 per sqm per lease cycle. The highest price is from 70 to 260 USD / m2 / lease cycle. In particular, Hanoi is always the locality with the highest price.

In central provinces such as Nghe An, Quang Ngai, Quang Nam, Da Nang… The lowest rent for industrial park land ranges from 38 to 50 USD / m2 / lease cycle. The average price is from 52 to 75 USD/ m2 / lease cycle. The highest rental price is from 65 to 100 USD / m2 / lease cycle. In particular, Da Nang is always at the highest level.

In the southern provinces such as Ho Chi Minh City, Dong Nai, Long An, Binh Duong, Ba Ria – Vung Tau, Tay Ninh … The lowest rental price is from 50 to 150 USD / m2 / lease cycle. The average rental price is from 90 to 225 USD / m2 / lease cycle. The highest rental price is from 100 to 300. Ho Chi Minh City has always been the area that peaked at this rental price.

4  Land rent of Nam Dinh Vu Industrial Park

As one of the industrial parks located in the key area, able to meet all infrastructure requirements as well as geographical location, Nam Dinh Vu Industrial Park is the first choice. In this position, the main axis of the economic triangle of Hanoi – Hai Phong – Quang Ninh is suitable for trade, trade and exchange. Nam Dinh Vu Industrial Park is also favorable in the process of traveling both by road, rail, air and sea.

Nam Dinh Vu Industrial Park is planning a variety of industries and fields of operation with 4 subdivisions. They take advantage of the climate when the area has two distinct seasons, mild temperatures.

When renting the facility here, customers will have the opportunity to own industrial land in a prime location, large, synchronous infrastructure and ready to hand over. The lease term is up to 2059, with all legal documents in order. In addition, the unit currently has many tax incentives for customers when renting, such as:

  • Exemption from income tax within the first 4 years;
  • Support for start-up, unprofitable businesses through income tax exemption for up to 7 years ;
  • 100% land use tax exemption;
  • Reduce income tax by 50% for 9 consecutive years, since income is obtained and tax starts.

Along with the development of industrial parks, there has been a significant increase in the rent of land for industrial parks and factories. Hopefully, the above sharing will help people have a more holistic view of this issue. From there, make the right decisions and choices that are beneficial for your business.