Ha Nam is quickly becoming a top electronics manufacturing center in Vietnam, thanks to its geographical location, modern infrastructure and attractive policies. Ha Nam has attracted many big technological companies, fulfilled many strict criteria of this industry and proved with its standing in the society as the best choice for electronics manufacturers.

1. Geographical location and convenient traffic

Ha Nam is located in the eastern and southeastern counterweight region of Hanoi

Ha Nam, located in a counterweight region to the Eastern and Southeastern of Hanoi, not only attractive because of its convenient location, it’s also a perfect destination for investors in electronics manufacturing. This province is about 60 km from the capital city of Hanoi, creating a perfect condition for shipment and economic connections.

Ha Nam has a various and developing traffic system, with many main roads such as Cau Gie – Ninh Binh Expressway, Hanoi – Hai Phong Expressway and the Ring Road No.5. These routes help shorten the amount of time to move and cut shipping costs, creating an advantage for businesses in importing and exporting goods.

2. Developing industrial infrastructure

Ha Nam currently contains many big industrial areas such as Dong Van, Thai Ha, và Kim Bang. Especially, Dong Van III Industrial Zone is also an important destination, also authorized by the Prime Minister, with a preplanned area of 300ha, currently expanded up to 223 ha. This area has a critical position, located in Duy Tien town, attracting a lot of investors and growing throughout many phases with a total of 1.272 billion dong of investment.

Dong Van 3 Industrial Zone with a strategic position located in Duy Tien Town

Aside from Dong Van, Thai Ha Industrial Zone is also known for its high technical quality and ability to call for investment. With a 200-ha scale, Thai Ha already finished its 100% of phase I infrastructure and continuously developed to phase II with a total investment of 977 billion dong.

Ha Nam also invested in its transportation infrastructure such as Phu Thu intersection, parallel roads with National Road 21 and other bridges to many key economic locations. This development in infrastructure not only attracts investors but also creates advantages for some FDI businesses to operate in the local areas.

3. Attractive incentive and investment policy

Ha Nam has been introducing many policies in order to attract more investors. These policies include:

• Preferential tax policy:​​ Ha Nam is implementing some beneficial policies for businesses who operate in the industrial area at residence. This helps lower the numbers and prices for businesses to operate freely, especially new ones.
• Support from local authorities: Ha Nam government actively supports businesses in many legal procedures, helping shorten the time and price which is related to licenses, permits and other administrative processes.
• Support from the government: The Vietnamese government also introduced many supportive programs for promoting foreign investments, especially in the high-tech industríe. Ha Nam is prioritized to receive these investment funds to develop infrastructure and support FDI enterprises.

4. Sustainable business community

Ha Nam has become an attractive destination for foreign investors, especially electronic enterprises. Currently, most of the electrical and electronic enterprises in Ha Nam are Japanese and Korean companies, primarily producing automobile and motorcycle electrical wires, motorcycle assembly, motorcycle keys, electronics, computers, various phone components, household electrical appliances, semiconductor systems and LED lights. These enterprises continuously expand their production and business scale.

Ha Nam has become an attractive destination for electronics FDI investors

Japan has become popular with strict standards when it comes to choosing a location to build a factory. Because of that, when the Japanese companies chose a long-term investment in Ha Nam, it is proven that this province can fulfill those high standards about infrastructure, business environment and local government’s support.

Ha Nam nowadays has attracted many famous brands around the world to invest in, such as: Honda, Sumi, YKK (Japan); FrieslandCampina (Netherlands), Anam Electronics, Seoul Semiconductor (South Korea)… Especially for FDI businesses, after investing in Ha Nam has grown its scale and expanded the factory, equipping modern appliances, increasing productivity and contributing to the Vietnam government’s budget to: Wistron Infocomm LLC (Vietnam), Yura Harness LLC, Elmich…

Throughout the year, some industrial areas in Ha Nam attracted a lot of large-scale projects in electrical and electronics such as: Solar Cell Production Project from Elite Solar (Singapore) with a total of 100 million dollars invested in. Producing and Machining Printed Circuit Board from Taiwan Surface Mounting Technology Corp (Taiwan, China) with a total of 50 million dollars invested. Developing Network Project from Senao Networks (Taiwan, China) with a total of 45 million dollars invested. Producing and Machining Metal Accessories from Rapido Asia LLC with a total of 235 billion dong, Manufacturing and Machining Metal Products from Great Resources Asia LLC with a total of 200 billion VND.

Furthermore, Ha Nam also focused on enhancing high quality workers, to be suitable for FDI businesses’ recruitment standards. With a rich, youthful, and experienced human resources, these factors can be a big advantage, helping businesses to improve and maintain an effective business operation.

5. Where should investors locate their factories in Ha Nam

Ha Nam has some suitable locations for investors to build their factories, due to strong development of industrial areas and modern infrastructure.

These are some suggestive Industrial Areas in Ha Nam:

• Dong Van Industrial Zone: As one of the biggest and developing industrial areas here in Ha Nam. Dong Van can provide some benefits in its utilities and well-built infrastructure. This is an ideal place for businesses who want to build factories with a large scale and advantageous environment for investing.
• Thai Ha Industrial Zone: Thai Ha is known for its high quality infrastructure and ability to call for investment. With its large area and critical locations, this area is an ideal place for technological businesses and also environmentally friendly.
• Kim Bang Industrial Zone: This area is also a top choice for investors due to advantageous location and modern infrastructure. Kim Bang has attracted many big companies, creating a vibrant and persistent business community.

The GNP Dong Van 3 factory in Ha Nam has achieved the EDGE green certification.

With all the businesses who are finding a factory for long-term investment in Ha Nam. With the green EDGE certificate, GNP Dong Van 3 from Gaw NP Industrial will be an unrejectable choice. Here at the factory, not only will it be suitable for international standards for electric savings but also equipped with many modern utilities, including a Fire Protecting and Preventing system, 24/7 security and effective manufacturing infrastructure.

GNP Dong Van 3 fully meets the requirements of investors.

Gaw NP Industrial, a joint venture between Gaw Capital Partners and NP Capital, proudly offers high-quality industrial real estate solutions in Vietnam. With the goal of becoming a leading industrial real estate developer, Gaw NP Industrial provides ready-built factories and built-to-suit services, helping businesses easily choose production spaces that meet their needs.

Conclusion

With its advantageous geographical location, developed industrial infrastructure, attractive incentive policies, and ability to attract foreign investment, Ha Nam has been and continues to be an ideal destination for electronic manufacturing enterprises. This province not only facilitates businesses in the transportation and import-export of goods but also provides a safe, efficient, and sustainable investment environment.

See more:

Explore the top 7 large-scale industrial parks and factories in Ha Nam for business growth

Why ready-built factories in Ha Nam offer unmatched advantages over neighboring regions

Warehouse for lease in Vietnam | Warehouse for rent in Vietnam | Factory for lease in Vietnam | Factory for rent in Vietnam