Currently, there are many warehouse rental services in Vietnam, but for businesses to choose reputable units and quality services, it is not easy. Because there have been quite a few cases of businesses encountering “ghost companies” with many laughable tricks. Therefore, businesses need to equip themselves with some secrets to choose suitable warehouse space for lease in Vietnam, avoiding “losing money and losing assets.

Benefits of renting warehouse space for lease in Vietnam

Convenience and flexibility

In recent years, renting ready-built warehouse services has been one of the new trends for businesses due to its convenience and flexibility. Most warehouse space for lease in Vietnam have advantages with large areas and are located near key economic cities, near major highways, large seaports… convenient for trading goods supplied to the market.

Cost savings

One of the most visible benefits of renting ready-built warehouses is cost savings compared to self-investment in construction. At the same time, warehouse developers often have a lot of experience in this field, so they have carefully calculated to provide suitable spaces for many business entities with reasonable rental costs and amenities. The task of businesses is only to choose and consider the area they want to rent.

Warehouse space for lease in Vietnam help businesses optimize costs

Additionally, when using warehouse space for lease in Vietnam, businesses only need to pay a fixed fee that includes storage and accompanying utility services. This helps businesses easily manage budgets and save costs compared to self-building warehouses with unstable additional fees such as electricity, water, wifi, upgrades, machinery maintenance, etc.

Moreover, when renting warehouses in Vietnam as part of a shared industrial zone, businesses will save time and costs on complex tax declaration procedures. Businesses only need to work directly with the warehouse owner without having to perform any other complex procedures.

Scalability

The warehouse rental model in Vietnam is highly favored because investors have expertise in space management, helping businesses optimize storage space, avoid waste, and easily arrange goods neatly.

Furthermore, there are times when production goods increase, leading to the need to expand warehouse space to timely meet storage demands. Ready-built warehouses have the ability to expand to meet these needs for businesses. Moreover, during peak seasons when the volume of goods is high, businesses can even downsize warehouse space to maximize cost savings.

Safety and security

Providers of warehouse rental services often invest in 24/7 security systems, fire prevention and firefighting systems to ensure the safety of businesses, prevent theft, and minimize potential fire and explosion incidents that could cause loss of business assets.

Security cameras, lighting, alarm systems, signage, warning signs, along with regularly trained professional security guards are essential factors at warehouses for rent in Vietnam.

The lighting system ensures security for warehouses

Asset management

In addition to fire protection and security camera systems everywhere, providers of ready-built warehouse rental services also equip information management systems to monitor and control the warehouse’s inbound and outbound processes to ensure that the enterprise’s goods are managed tightly, safely, and efficiently.

Infrastructure

Well-organized warehouses integrated with modern management technology, internal roads between spacious zones for easy movement… are the advantages that help businesses save time. Based on these factors, delivery schedules are ensured to be fast, creating trust and credibility for the business. At the same time, it saves time and budget for the business.

>>>See more: Vietnam warehouse rental market: supply soars amidst strong demand

Guide to choosing warehouses for rent in Vietnam

Determine your specific needs

Before searching for warehouse space for lease in Vietnam, businesses need to clearly understand their warehouse rental needs to choose a suitable warehouse type because there are many different types of warehouse rental services on the market such as:

• Independent warehouses, not shared with other units: freely organized and arranged, actively in and out without limitations.
• Warehouses for seasonal goods rental: short-term services, whether using the warehouse or not, still have to pay full fees to the provider.
• Warehouse rental services for e-commerce: full services including forklift services, professional loading and unloading teams, fast delivery services without going through third parties.
• Warehouse rental services for storing food items: tall, airy, and clean warehouses to avoid dampness, mold, and insects. The warehouse must comply with FIFO principles for packaged food with short shelf lives.

Identifying the warehouse location needs to choose a warehouse suitable for the products and budget of the business

• Warehouse rental service for storing large mechanical equipment, oversized and overweight goods: The warehouse floor must withstand heavy loads as the goods often weigh several tons, equipped with specialized means for warehouse operations.
• Warehouse rental service for storing medical equipment: Meeting the strict criteria of the Ministry of Health regarding temperature and humidity, with a certificate of Good Storage Practice (GSP) as regulated in Circular 36/2018/TT-BYT.
• Warehouse rental service for storing documents and certificates: Tall, airy warehouses to prevent mold or insects, with clear fire protection and prevention procedures.
• Warehouse rental service for storing household appliances: Equipped with specialized shelves, optimized space for easy arrangement and retrieval.
• Warehouse rental service for storing furniture: Spacious warehouses, tall and dry to prevent moisture and mold. Additionally, requiring a professional loading and unloading team because high-value items can lose value if scratched.
• Warehouse rental service for storing construction materials: Located near construction sites, with sturdy shelves and floors capable of withstanding heavy loads.
• Warehouse rental service for storing fruits or fresh produce: Equipped with industrial refrigeration systems, with fruits requiring temperatures lower than 20 degrees Celsius and fresh meat needing temperatures below 0 degrees Celsius.

Depending on the needs and purposes of using the warehouse, businesses will proceed to select and search for suitable developers.

Location and Accessibility

The location of the warehouse is closely linked to operating costs, as warehouses near major transportation routes or central areas of large cities will help businesses save a considerable amount on transportation costs. Additionally, convenient transportation areas ensure timely import and export of goods, ensuring credibility for businesses.

Size

Consider the volume of goods of the business to calculate the appropriate warehouse rental area, saving costs for the business. Additionally, warehouses should meet criteria such as easy arrangement and use of vehicles such as forklifts for transporting goods.

Infrastructure

Ensure that the warehouse rental service provider meets basic standards in infrastructure such as having a modern lighting system, ventilation system, temperature adjustment mechanism, 24/7 security system, fire protection and prevention system, and support vehicles such as forklifts and trucks.

Security and Safety Measures

In addition to infrastructure that meets the criteria of businesses, warehouses also need to meet other criteria such as:

• Floor load-bearing capacity.
• Roof system that can withstand extreme weather conditions in Vietnam.
• Docking system: automatic or fixed to facilitate easy movement of forklifts, optimizing warehouse import/export time.
• Adequate number of doors to ensure easy import/export process at the same time.
• Light and temperature control system to provide the best conditions for storing goods in the hot and humid weather conditions of Vietnam.

Rental Terms and Conditions

Carefully consider the terms and conditions in the contract before signing as these will be legal factors to ensure the rights of the business during the warehouse rental process. Therefore, if there are any questions, discuss them thoroughly with the rental unit to receive timely advice and clarification.

Some factors that businesses need to consider when renting pre-built warehouses:

• Short-term warehouse rental costs.
• Long-term warehouse rental costs and the annual price increase range.
• Incurred additional accompanying service costs (if any).
• Regulations regarding deposits.
• Payment methods.
• Contract validity.
• Responsibilities of the provider for the business’s goods.
• Compensation policy for theft or unforeseen circumstances.
• Contract appendices.

Consideration of Terms and Conditions in the Contract

Consideration of Costs and Budget

Cost is a significant factor influencing a business’s decision to rent a warehouse. In addition to the rental price per square meter, services such as warehouse management, security, loading and unloading, maintenance, or other logistic services can also incur additional costs. Therefore, businesses should thoroughly research to negotiate the most optimal and suitable costs for their operations.

Flexible Options and Expansion

Warehouse rental needs often depend on the warehouse structure and the type of goods the business needs to store. Rental providers typically offer multiple options for businesses to choose from, such as:

• Renting per square meter.
• Renting per cubic meter depending on the type of goods.

In addition to the diversity of area options, when the volume of goods increases significantly, businesses can easily expand their rental area, and during off-peak times, they can reduce the area as needed.

Warehouse Space Inspection and Visit

“Observation is the best teacher” so it’s essential to visit the warehouse in person for the most accurate assessment. A site visit will help you evaluate the quality and actual services that the rental providers offer.

Visiting Warehouse Spaces for Rent in Vietnam

Some considerations for businesses when visiting warehouses for rent:

• Is the warehouse location close to central hubs or delivery destinations?
• Do the facilities inside and outside the warehouse meet the business’s standards?
• Is the warehouse area prone to flooding or tidal surges?
• Does the infrastructure withstand security and safety standards?
• Are the advisory teams enthusiastic?
• …

Evaluation and Recommendations

In addition to factors that help assess suitability for businesses, investors should also consider the service providers. Choosing reputable companies that have collaborated with many large businesses ensures credibility and quality while minimizing risks during the warehouse rental process.

Warehouses for Rent in Northern Vietnam

GNP Nam Dinh Vu

GNP Nam Dinh Vu is one of the reputable warehouse rental providers in Northern Vietnam, with convenient transportation links such as:

• 80 minutes from Van Don Airport
• 48 minutes from Cai Lan Port
• 25 minutes from Hai Phong Port
• 15 minutes from Lach Huyen Deep Water Port
• 28 minutes from the center of Hai Phong City
• 20 minutes from Cat Bi International Airport
• 110 minutes from Noi Bai International Airport
• 100 minutes from Hanoi, the capital city

Pre-built Warehouses for Rent at GNP Nam Dinh Vu

Some features of GNP Nam Dinh Vu warehouses include:

• Minimum rental area of ​​4,896 square meters.
• Tax incentive policy of 4-9 (corporate income tax reduction for the first 4 years and continued 50% reduction for the following 9 years).
• Clear height: 9.5 meters
• Floor load capacity: 3 tons/m2 with quality reinforced concrete floors
• Amenities: fire protection system, wastewater treatment, 24/7 security…
• Expected handover: February 2024

>>> See more: 9 key considerations when renting a warehouse in Hai Phong

GNP Dong Van 3

GNP Dong Van 3 warehouse is located in Ha Nam province, a key transportation hub in the North:

• 50km from Hanoi Capital
• 80 km from Noi Bai International Airport
• 130km from Cat Bi International Airport
• 120km from Lach Huyen Deep Water Port
• 130 km from Hai Phong Port

Pre-built Warehouses for Rent at GNP Dong Van 3

Some features of GNP Dong Van 3 include:

• Large area with a minimum rental area of ​​9,100 square meters
• Clear height: 10 meters
• Floor load capacity: 3 tons/m2 with quality reinforced concrete floors
• Amenities: fire protection system, wastewater treatment, 24/7 security…
• Tax incentives: exemption for 2 years and 4% reduction thereafter
• Expected handover: February 2024

Above are some useful information about warehouse space for lease in Vietnam. To learn more about pre-built warehouse services from Gaw NP Industrial, customers can directly contact the hotline at +84 789 75 77 88 for specific advice.

>>> See more : The future potential of ready-built warehouse facilities in Vietnam

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