Northern Vietnam has emerged as a significant industrial hub, attracting global investors due to its strategic location, robust infrastructure, and favorable investment climate. Understanding the region’s top industrial zones is crucial for businesses aiming to establish or expand their presence in Southeast Asia. Below is an overview of the top five industrial zones in Northern Vietnam, complete with key insights and credible sources.
Criteria for Selection Top 5 Key Northern Vietnam Industrial Zones Map
The selection of these top industrial zones is based on the following factors:
- Investment Attractiveness: Total foreign and domestic investments received.
- Infrastructure & Connectivity: Proximity to international airports, seaports, and major highways.
- Industry Focus: Presence of high-tech, manufacturing, and logistics industries.
- Economic Contribution: Impact on local and national economic growth.
- Future Growth Potential: Expansion plans and government incentives.
- Thang Long Industrial Park (Hanoi)
Thang Long Industrial Park (TLIP), established in 1997, is one of Vietnam’s pioneering industrial zones. Located approximately 16 kilometers north of central Hanoi, TLIP spans nearly 300 hectares and has been developed in three phases: 121 hectares for the first phase, 80 hectares for the second, and 99 hectares for the third.
The park hosts over 100 companies, primarily from Japan, specializing in electronics, automotive parts, and precision engineering. Notable tenants include global corporations such as Canon, Denso, and Yamaha, collectively employing around 60,000 people.
TLIP’s strategic location offers easy access to major transportation hubs: approximately 10 kilometers from Noi Bai International Airport and about 100 kilometers from Hai Phong Port, enhancing its logistical advantages.
The park’s success has led to the development of additional industrial zones, such as Thang Long Industrial Park II in Hung Yen Province and Thang Long Industrial Park III in Vinh Phuc Province, further contributing to the industrial growth in Northern Vietnam. (1)
- VSIP Bac Ninh (Bac Ninh Province)
The Vietnam-Singapore Industrial Park (VSIP) in Bac Ninh Province exemplifies international collaboration. Spanning 700 hectares, with 500 hectares dedicated to industrial development, it accommodates industries such as electronics, pharmaceuticals, and consumer goods. Notable tenants include corporations like Microsoft and PepsiCo. Its strategic location near Hanoi, approximately 16 kilometers away, and access to National Highway 1A make it a preferred destination for investors. (2)
- Nam Dinh Vu Industrial Park (Hai Phong)
Nam Dinh Vu Industrial Park, strategically located in Hai Phong within the Dinh Vu – Cat Hai Economic Zone, serves as a crucial hub for industrial and logistics operations in Northern Vietnam. Spanning a vast area, the park is uniquely positioned with direct access to key trade routes, making it an ideal destination for businesses seeking efficient connectivity. Notably, it is the only industrial park in Vietnam equipped with an internal international seaport—Nam Dinh Vu Port—which includes both a container terminal and a liquid cargo terminal. This exclusive feature enhances its appeal to industries such as logistics, petrochemicals, and heavy manufacturing by streamlining the transportation and distribution of goods. With its modern infrastructure, investor-friendly policies, and proximity to major economic centers, Nam Dinh Vu Industrial Park continues to attract significant foreign direct investment, reinforcing Hai Phong’s status as one of Vietnam’s top destinations for industrial and commercial expansion. (3)
- Que Vo Industrial Park (Bac Ninh Province)
Que Vo Industrial Park, situated in Bac Ninh Province, is a major industrial hub spanning 611 hectares, strategically positioned to attract multinational corporations. The park specializes in key industries such as electronics, mechanical manufacturing, and high-tech production, making it a prime destination for global investors. Its well-developed infrastructure includes modern roads, reliable power and water supply systems, and advanced telecommunications networks, ensuring seamless operations for businesses. Additionally, its close proximity to Hanoi—Vietnam’s capital—offers significant logistical advantages, providing easy access to Noi Bai International Airport, major highways, and key economic zones. These factors, combined with Bac Ninh’s reputation as a thriving industrial province, have cemented Que Vo Industrial Park’s status as a preferred location for companies seeking to expand their presence in Northern Vietnam. (4)
- Pho Noi A Industrial Park (Hung Yen Province)
Pho Noi A Industrial Park, located at Km No.19 along National Highway No.5 in Hung Yen Province, spans approximately 688.94 hectares, making it the largest industrial park in the region. Established in 2004 and developed by Hoa Phat Hung Yen Industrial Parks Infrastructure Development Management Company Limited, the park operates under a 50-year lease set to conclude in 2054. Its strategic location offers seamless connectivity: it’s just 24 kilometers from Hanoi’s center, 45 kilometers from Noi Bai International Airport, 75 kilometers from Hai Phong Seaport, and 120 kilometers from Quang Ninh deepwater seaport. This prime positioning enhances its logistical appeal, facilitating efficient transportation of goods and materials. The park attracts a diverse range of industries, including manufacturing and assembly of electronics, electrical appliances, machinery, automobiles, motorcycles, steel production, construction materials, and agricultural and food processing. As of 2024, Pho Noi A Industrial Park hosts 171 companies, with an occupancy rate of 90%, reflecting its status as a preferred destination for both domestic and international investors.(5)
Interactive Map of Northern Vietnam’s Industrial Zones
For a comprehensive and interactive visualization of Northern Vietnam’s industrial zones, the Vietnam Industrial Zone Map offers detailed and up-to-date information on numerous industrial parks across the country. This interactive tool is designed to assist investors in evaluating and selecting optimal locations for their operations by providing accurate data on various industrial zones.
Benefits of Investing in Northern Vietnam’s Industrial Zones
Investing in Northern Vietnam’s industrial zones presents a wealth of opportunities for businesses looking to expand in a dynamic and rapidly growing market. The region’s strategic location near major economic hubs, including China, provides companies with a logistical advantage for cross-border trade and access to key international shipping routes. This connectivity facilitates efficient transportation of goods, reducing costs and enhancing supply chain operations.
Beyond its geographical advantages, Northern Vietnam also offers a highly skilled workforce, characterized by a young, well-educated labor pool that is increasingly adept at meeting the demands of high-tech industries, electronics manufacturing, and precision engineering. This labor advantage ensures that businesses can find and train talent to support long-term industrial development.
Moreover, the Vietnamese government actively supports foreign direct investment through attractive incentive policies, such as tax breaks, preferential land leasing terms, and streamlined administrative procedures. These investor-friendly regulations, combined with the region’s improving infrastructure and expanding industrial parks, further solidify Northern Vietnam’s position as a premier destination for industrial growth and international business expansion.
In conclusion, Northern Vietnam’s industrial zones present lucrative opportunities for businesses seeking to capitalize on the region’s dynamic economic environment. Utilizing resources like the Vietnam Industrial Zone Map can significantly aid in making informed investment decisions.
Source: RSLGroup, TDC-Vietnam, VIR, TTTFIC, InvestVietnam