Major Rental Factory Areas in Vietnam: Ho Chi Minh City, Hanoi, Binh Duong, and Key Industrial Hubs

Vietnam’s industrial real estate is expanding quickly, and rental factories are becoming a practical option for manufacturers seeking cost control, fast setup, and flexible growth.

This article Kizuna introduces maps of the major rental factory hubs from Ho Chi Minh City and Binh Duong to Hanoi and Hai Phong, outlining current market conditions, location advantages, and key considerations to help businesses evaluate Vietnam as a manufacturing base.

Modern rental factory in Vietnam with ready-to-move-in facilities by Kizuna

1.Overview of Vietnam’s growing industrial real estate sector

The growth of industrial real estate in Vietnam is being driven by decentralization of licensing authority to local governments and by the planning of new and expanded industrial zones. By 2030, Vietnam plans to have 221 newly planned industrial zones, expand 76 existing zones, and adjust 22 others.

Source: https://en.vietnamplus.vn/industrial-real-estate-expects-a-boost-from-policies-fdi-post311677.vnp

Overall, Vietnam’s industrial real estate sector is forecasted for strong growth supported by policy reforms, rising FDI, infrastructure improvements, and expanding industrial zones.

2.Major Rental Factory Areas in Vietnam

Vietnam’s industrial property market is centered around several key economic regions, each offering distinct strengths that appeal to different types of industries. Kizuna introduces the five major rental factory areas in Vietnam below:

2.1 Ho Chi Minh City (HCMC)

Vietnam’s largest economic hub offering skilled labor and consumer market for manufacturers

As the country’s largest economic hub, Ho Chi Minh City is one of the most sought-after destinations for industrial real estate. Its biggest advantage lies in its strategic location in the south, with direct access to major ports like Cat Lai and a well-developed logistics network. This connectivity makes HCMC especially attractive for export-oriented industries such as electronics, textiles, and food processing. Although land and rental costs here tend to be higher, businesses benefit from a large consumer market and a skilled labor force, which often outweigh the added expense.

2.2 Binh Duong

Manufacturing hub in Binh Duong attracting FDI with competitive rental costs

Located just north of HCMC, Binh Duong is a well-established industrial province. It's known for its strong infrastructure and mature industrial parks, which have been attracting FDI for decades. Binh Duong offers a compelling mix of competitive rental costs and a large, readily available labor force. Its well-planned industrial zones are home to a wide range of industries, from furniture and woodworking to metal processing and chemicals.

2.3 Dong Nai

Industrial zones in Dong Nai offering lower land costs and efficient logistics

Situated to the east of HCMC, Dong Nai benefits from its proximity to HCMC and the upcoming Long Thanh International Airport. This makes it an ideal location for businesses that require efficient air freight for high-value goods. The province's growing industrial parks have been successful in attracting significant FDI, especially in supporting industries and light manufacturing, as it offers a more relaxed environment and lower land costs compared to the HCMC metropolitan area.

2.4 Hanoi & Bac Ninh

Northern Vietnam industrial hub with skilled workforce and modern infrastructure

The northern region is anchored by Hanoi, the Nation's capital. This area is a northern hub for high-tech and electronics industries, attracting giants like Samsung and Canon.

Bac Ninh, in particular, is a major manufacturing center for electronics and smartphones. Its primary advantage is its convenient access to China and northern trade routes, facilitating a seamless connection to key supply chain partners and markets.

2.5 Hai Phong & Quang Ninh

Rental factories in Quang Ninh supporting logistics and heavy industries

The northern region of Vietnam is anchored by Hanoi, the nation’s capital, which has grown into a hub for high-tech and electronics industries. The area has successfully attracted major global players such as Samsung and Canon, thanks to its skilled workforce and improving infrastructure.

Just east of Hanoi, Bac Ninh stands out as one of the country’s leading manufacturing centers for electronics and smartphones. Its greatest advantage is its strategic location, offering convenient access to China and northern trade routes. This proximity allows manufacturers to maintain seamless connections with key supply chain partners and markets, making Bac Ninh an essential node in Vietnam’s industrial ecosystem.

3.Why Choosing the Right Partner Matters

Vietnam’s industrial landscape offers abundant opportunities, but making the most of them depends on having the right partner to guide the way.

The success of your market entry often depends on choosing the right rental factory provider. It’s not just about securing a building - it’s about finding a partner who can create a safe, well-managed environment where your business can grow.

A trustworthy provider helps you stay compliant with local regulations, keeps infrastructure running smoothly, and gives you a stable base for operations. Without this support, companies risk delays, legal complications, and unforeseen costs that can quickly derail expansion plans.

4.How Kizuna and similar providers support businesses

Strategically located in Long An Province, only about 30 km from Ho Chi Minh City, Kizuna offers businesses the advantage of being close to Vietnam’s southern economic hub while benefiting from more competitive costs and excellent connectivity to Cat Lai Port, highways, and Tan Son Nhat International Airport. This prime location helps companies balance efficiency, cost-effectiveness, and long-term expansion in Vietnam.

Kizuna ready-built factories near HCMC offering cost-effective expansion opportunities

At Kizuna, we see that rental factory providers should deliver more than just physical space. Reliable support means offering transparent pricing, ready-to-use facilities, and comprehensive one-stop services that simplify operations. From handling legal procedures and administrative tasks to providing HR and infrastructure support, we believe providers like us must create a stable foundation so businesses can focus on what matters most — sustainable growth.

Find out more about us at: https://www.kizuna.vn/en/

5.Conclusion

Vietnam’s industrial real estate market is full of opportunities for foreign investors. In the South, hubs like Ho Chi Minh City and Dong Nai serve as logistics powerhouses, while in the North, Hanoi and Bac Ninh are emerging as high-tech corridors. Each region brings its own advantages, but long-term success depends on choosing the right partner.

Instead of simply providing factories, Kizuna focuses on creating a complete growth platform for businesses. With ready-to-move-in facilities, a transparent pricing system, and comprehensive one-stop support, we help reduce risks and ensure stability. As Vietnam accelerates its economic development and draws increasing foreign investment, our mission is to enable companies to scale quickly and confidently in this dynamic market.

>>> Contact Kizuna today to discuss your needs or schedule a factory tour, and discover how we can support your long-term success in Vietnam.