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The importance of location when renting a factory in Vietnam

August 19, 2024 09:04 AM

The location of rental factories in Vietnam plays an important role in optimizing production and distribution processes, as well as impacting business costs and operational efficiency. Learn why location is an indispensable factor when choosing a rental factory. 1. The importance of location for factory rentals in Vietnam The location of rental factories plays a […]

The location of rental factories in Vietnam plays an important role in optimizing production and distribution processes, as well as impacting business costs and operational efficiency. Learn why location is an indispensable factor when choosing a rental factory.

1. The importance of location for factory rentals in Vietnam

The location of rental factories plays a crucial role in attracting FDI enterprises and expanding business operations. Specifically, factories with strategic locations will have better access to large markets and labor supplies, and further optimize the supply chain.

Additionally, a convenient location helps increase efficiency and flexibility in goods transportation. Factories need to be well-connected to seaports, industrial clusters, and key routes to minimize transportation costs and enhance distribution capabilities for businesses.

Businesses should consider carefully when choosing rental factories in Vietnam

Businesses should consider carefully when choosing rental factories in Vietnam

2. Advantages of choosing a well-located rental factory

2.1. Access to many customers

A well-located rental factory will help businesses effectively reach many customers, aligning with their market development goals without incurring excessive costs and manpower.

These factories often have convenient transportation connections, such as being near major highways, seaports, or special economic zones, which facilitate easy connections and transactions with partners. Factories located near industrial parks or urban areas also attract potential customers by saving businesses time in transporting goods.

2.2. Good infrastructure

Well-located factories usually come with good infrastructure, including transportation routes, telecommunications, wastewater treatment systems, seaport facilities, and security systems. These infrastructures are crucial for enhancing the production and business efficiency of enterprises, saving time in managing factory operations.

In particular, the security system and safety level of the factory are factors that help businesses decide whether to rent a factory. Companies often worry about safety issues such as flooding, theft, and insecure areas. Moreover, rental factories with reliable security also provide employees with a sense of safety while working there.

Choosing rental factories in Vietnam with good infrastructure

Choosing rental factories in Vietnam with good infrastructure

2.3. Ensuring abundant human resources

An efficient production structure heavily relies on the workforce. A well-located factory makes it easier for companies to find the human resources needed to operate and manage the factory. If the factory is in an area with convenient transportation, it facilitates employees’ commute from home to the company, ensuring the production schedule for the business.

Businesses that choose rental factories in Vietnam with good locations, near educational centers and schools, can always ensure a plentiful and skilled labor force capable of long-term commitment to the company. This also helps improve business performance, reduce management risks, etc.

2.4. Optimizing production costs

Choosing a well-located rental factory helps businesses reduce the time and transportation costs of raw materials and products to suppliers or distribution points. When operational time and costs are reduced, it significantly alleviates the burden on businesses, especially during economic downturns.

Additionally, a convenient location helps businesses minimize the risk of damage or spoilage of goods during transportation, ensuring that products reach customers and partners quickly and safely. This not only reduces costs for businesses but also brings satisfaction and convenience to customers.

3. Top rental factories in Vietnam with good locations

3.1. GNP Nam Dinh Vu

When it comes to rental factories in Vietnam with ideal locations, GNP Nam Dinh Vu in the port city of Hai Phong cannot be overlooked. This facility is highly sought after by many FDI enterprises due to its minimum rental area of 4,896 m² and attractive tax incentive policies. These incentives include a 100% tax exemption for the first 4 years and a 50% tax reduction for the following 9 years.

Rental factory services in Vietnam - GNP Nam Dinh Vu in Hai Phong

Rental factory services in Vietnam – GNP Nam Dinh Vu in Hai Phong

Tax incentive policies along with a convenient geographical location such as:

  • 80 minutes to Van Don Airport
  • 48 minutes to Cai Lan Port
  • 25 minutes to Hai Phong Port
  • 15 minutes to Lach Huyen Deepwater Port
  • 28 minutes to Hai Phong city center
  • 20 minutes to Cat Bi International Airport
  • 110 minutes to Noi Bai International Airport
  • 100 minutes to Hanoi

Some features of rental factories – GNP Nam Dinh Vu:

  • Column-free design to optimize space
  • Clear height: 6.5 meters
  • Floor load capacity: 2 tons/m² with reinforced concrete floor quality
  • Power supply: 450-600 KVA/unit, 3-phase electricity
  • Amenities: fire protection system, wastewater treatment, 24/7 security
  • Tax incentives: 100% corporate income tax exemption for the first 4 years, 50% reduction of tax for 9 subsequent years

3.2 GNP Dong Van 3

Located in the Dong Van III Industrial Park in Ha Nam province, GNP Dong Van 3 is known for its quality and well-positioned rental factories in Vietnam. Notably, GNP Dong Van 3 has a minimum rental area of 2,500 m².

Rental factory services - GNP Dong Van 3 in Ha Nam

Rental factory services – GNP Dong Van 3 in Ha Nam

The location of GNP Dong Van 3 is highly advantageous as it is near major transportation routes, helping businesses reduce transportation costs:

  • Distance to Hanoi: 50 km
  • Distance to Lach Huyen Deepwater Port: 120 km
  • Distance to Noi Bai Airport: 80 km
  • Distance to Cat Bi International Airport: 130 km
  • Distance to Hai Phong Port: 130 km

Some features of rental factories in Vietnam – GNP Dong Van 3:

  • Column-free design
  • Clear height: 6.5 meters
  • Floor load capacity: 2 tons/m² with reinforced concrete floor quality
  • Power supply: 450-570 KVA/unit, 3-phase electricity
  • Amenities: fire protection system, wastewater treatment, 24/7 security
  • Tax incentives: 100% corporate income tax exemption for the first 4 years, 50% reduction of tax for 9 subsequent years
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3.3 GNP Yen Binh 1 & GNP Yen Binh 2

Developed by Gaw NP Industrial, the rental factories in Vietnam – GNP Yen Binh 1 & 2 are known as the industrial hub of Thai Nguyen province. GNP Yen Binh 1 & 2 meet business criteria thanks to amenities such as:

  • Column-free design
  • Floor load capacity: 2 – 2.5 tons/m²
  • Constructed with high-grade steel, offering high durability, excellent load-bearing capacity, and resistance to wear and tear
  • Power supply: up to 250 – 500 KVA/unit with 3-phase power
  • EDGE certified: environmentally friendly and energy-saving
  • Systems include: wastewater treatment, fire protection system, 24/7 security, internet and telecommunications system

GNP Yen Binh 1 & 2 cover an area of 29.5 hectares, integrating both factory and warehouse models to provide an optimal production and storage solution, saving costs for businesses.

Rental factory services - GNP Yen Binh 1 & 2 in Thai Nguyen

Rental factory services – GNP Yen Binh 1 & 2 in Thai Nguyen

Especially, GNP Yen Binh 1 & GNP Yen Binh 2 have a highly advantageous location for connecting and trading with domestic and international provinces such as:

  • To the Vietnam – China border: 140 km (140 minutes)
  • To Noi Bai International Airport: 30 km (30 minutes)
  • To Hanoi: 60km (60 minutes)
  • To Cai Lan Port: 150km (110 minutes)
  • To Lach Huyen Deep Water Port: 160 km (120 minutes)
  • To Cat Bi International Airport: 160 km (120 minutes)

Being located in a prominent economic zone of Thai Nguyen province, businesses using rental factory services here also enjoy investment incentives such as 100% corporate income tax exemption for the first 2 years and a 50% reduction for the next 4 years. Export processing enterprises receive a 100% tax exemption. Additionally, specific industries like electronics, metals, plastics, phones, semiconductor components, and high-tech industries have their own tax incentive policies.

With this information, businesses can find rental factories in Vietnam with good and advantageous locations to help them grow. To contact Gaw NP Industrial, you can call the Hotline at +84 789 75 77 88 to have a consultant answer any questions.

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