Industrial properties in Hai Phong span land, factories and warehouses across 46 industrial parks covering nearly 13,000 hectares. Twenty-six sit in the eastern deep-seaport zone and 20 in the western manufacturing corridor, most of the latter coming from the 2025 merger with Hai Duong. The city sits 120 km from Ha Noi, a 1.5 to 2 hour drive via the Ha Noi-Hai Phong Expressway. Its own Lach Huyen deep-water port lies 20 to 40 minutes from the port-side parks, and the Ha Noi-Hai Phong railway and National Highway 5 also run through the city.
Hai Phong’s industrial base rests on port logistics, electronics and light manufacturing. That mix is shifting gradually towards higher-value electronics and warehousing.
On 1 July 2025, Hai Phong merged with Hai Duong province into a single, larger Hai Phong City. Costs generally sit below Ha Noi. Because Hai Duong is now part of the city, Bac Ninh and Quang Ninh have become the closest comparable markets. That makes industrial land for lease in Hai Phong a more competitively priced entry point for occupiers weighing options across the north.
Savills Industrial advises occupiers and investors across Hai Phong on site selection, leasing, valuation and market research, backed by our industrial advisory services and Northern Viet Nam market coverage.
Thuy Nguyen, Hai Phong
Total area:247.88 ha
Vacant area:167.39 ha
Cat Hai, Hai Phong
Total area:752 ha
Vacant area:369 ha
Viet Hoa, Hai Phong
Total area:89200 m²
Vacant area:62613.5 m²
Hai An, Hai Phong
Total area:91,200 m²
Vacant area:86,000 m²
Dong Hai, Hai Phong
Total area:79,996 m²
Vacant area:29,475 m²
Thuy Nguyen, Hai Phong
Total area:19000 m²
Vacant area:To be updated m²
Hai Phong's main industrial parks include DEEP C, Nam Dinh Vu, VSIP Hai Phong and Trang Due. Ready-built stock is most concentrated in Nam Dinh Vu, while the other parks focus mainly on build-to-suit projects for occupiers with specific layout requirements. Following the 2025 merger, the inland corridor along National Highway 5 adds further capacity through parks including Dai An, Phuc Dien and Tan Truong.
The city offers strong connectivity for both domestic distribution and exports. Lach Huyen deep-water port sits 20 to 40 minutes from the port-side parks, while the inland corridor is around an hour away. The Ha Noi-Hai Phong Expressway links the city to the capital in under two hours. Cat Bi Airport, National Highway 5 and the Ha Noi-Hai Phong railway add further options for moving goods and staff.
Electronics, automotive components and logistics warehousing are the three leading demand sectors. Exports move mainly through Lach Huyen to Northeast Asia and North America.
Occupiers should plan around power capacity, labour competition from Ha Noi and Bac Ninh, and floor loading requirements for heavier lines. Land costs sit below Ha Noi. Since the Hai Duong merger, the widest spread now runs between the port-side parks and the inland corridor.
The 2025 merger expanded Hai Phong's administrative footprint, but most of that added land sits in the former Hai Duong areas, further from the most sought-after port-side parks. Within the established, best-connected parks such as DEEP C and VSIP, serviced land is running short. Occupiers needing several hectares or build-to-suit space should allow eight to twelve months from permitting to operation.
For site selection, leasing terms or current availability across Hai Phong's parks, contact our industrial team. Share your specific requirements and we will shortlist the sites that fit.
Contact Mr. John Campbell, Director, Industrial Services at Savills Vietnam, on +84 986 718 337.
Land, ready-built factories and warehouses, and logistics land across DEEP C, VSIP, Nam Dinh Vu and Trang Due, in a wide range of plot and unit sizes.
About 120 km to Ha Noi (1.5 to 2 hours by expressway); 20 to 40 minutes from the port-side parks.
Electronics, automotive components and logistics. Textiles have a smaller presence, while agricultural processing suits inland provinces better.
Industrial land in Northern Viet Nam ranged from USD 90 to 250 per sq m for the remaining lease term, with occupancy above 80% (Ministry of Construction, Q1/2026). Hai Phong sits in the middle of that range: below Ha Noi and broadly in line with Bac Ninh and Quang Ninh, the city’s closest comparables since the Hai Duong merger. Within the city, port-side parks sit at the top of the range, with the inland corridor along National Highway 5 noticeably below it. Exact pricing depends on park, infrastructure standard and distance from Lach Huyen.
Yes, notably in Nam Dinh Vu and DEEP C, with build-to-suit options for specific layout requirements.
Under Article 172 of the Land Law 2024, industrial land leases run up to 50 years as standard, and up to 70 years for projects with large capital investment but slow capital recovery, counted from the industrial park’s establishment date. Remaining terms vary by park, so confirm the exact expiry date with the park developer before signing.
Large-scale or high-tech projects can qualify for corporate income tax incentives and land rental exemptions or reductions under the Law on Investment 2025 (Law No. 143/2025/QH15, effective 01/03/2026) and the Corporate Income Tax Law 2025 (Law No. 67/2025/QH15), which set incentives for encouraged sectors and areas with difficult socio-economic conditions. Eligibility depends on project scale and sector, so confirm terms with the park developer or Savills.
Hai Phong is the north's primary deep-water gateway, with Lach Huyen inside the city's own boundary. Lach Huyen handles direct calls to Northeast Asia and North America. As a result, exporters based in Hai Phong avoid the two-hour road leg that occupiers in Ha Noi, Bac Ninh and Hung Yen build into their logistics costs. For high-volume or time-sensitive export lines, that proximity is usually the deciding factor.
