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Top 5 ideas business available for small and medium-sized factories

September 06, 2024 07:08 AM

In the globalized economy, choosing an available production factory for business needs is crucial, especially for small and medium-sized enterprises. Leasing a production factory not only helps save costs but also offers high flexibility for production activities. There are the top 5 business ideas suitable for small and medium-sized factories, helping businesses optimize production efficiency. […]

In the globalized economy, choosing an available production factory for business needs is crucial, especially for small and medium-sized enterprises. Leasing a production factory not only helps save costs but also offers high flexibility for production activities. There are the top 5 business ideas suitable for small and medium-sized factories, helping businesses optimize production efficiency.

1. Pharmaceutical factory business

The pharmaceutical industry always demands high quality and reliability. A pharmaceutical factory needs to meet strict hygiene and safety standards. This is an opportunity for businesses to produce pharmaceutical products such as medicines, vitamins, and other health supplements.

A pharmaceutical factory needs to meet strict hygiene and safety standards

A pharmaceutical factory needs to meet strict hygiene and safety standards

With increasing health awareness, this industry is experiencing steady growth, particularly in developing markets like Vietnam. According to the Vietnam Pharmaceutical Association, the domestic pharmaceutical market is expected to grow at an annual rate of 10% from 2021 to 2025.

2. Footwear factory business

Vietnam is one of the world’s largest footwear exporters. Starting a footwear production factory can be an attractive idea. Small and medium-sized factories can specialize in producing sports shoes, fashion shoes, or leather shoes. With an existing export market and increasing domestic demand, this is a field full of potential. Vietnam currently accounts for about 10% of the global footwear export market, with export revenue reaching nearly USD 24 billion in 2021.

3. Aluminum door factory business

Aluminum doors are becoming increasingly popular due to their durability, aesthetic appeal, and weather resistance. An aluminum door production factory can supply products for new construction projects as well as the repair and upgrade market.

This requires the factory to adapt to various door designs and sizes. The construction and real estate market in Vietnam is expected to continue growing, with an average annual growth rate of 6.5% from 2021 to 2026.

4. Plastic and packaging production business

Plastic and packaging production is an industry that never goes out of demand due to the need for packaging in consumer and industrial products. A production factory can focus on creating products from recycled plastic, adapting with current green and sustainable consumption trends.

The plastic industry in Vietnam is experiencing strong growth, with revenue expected to reach approximately USD 2.2 billion by 2024.

5. Electronics production business

The electronics industry is developing rapidly, with high demand for electronic components such as circuit boards, chips, and consumer electronic devices. An electronics production factory needs to be well-equipped to ensure precise and efficient production processes, especially during the assembly and product testing stages.

The electronics market in Vietnam is expected to reach approximately USD 15 billion in revenue by 2024, reflecting the strong growth potential of this industry.

6. Which production factory should you choose to lease in Vietnam?

When choosing to lease a production factory in Vietnam, businesses need to consider various factors, including location, infrastructure, support services, and especially the reputation of the factory leasing provider. Among the reputable providers, Gaw NP Industrial stands out as a top choice for businesses seeking high-quality production space.

Gaw NP Industrial is a leading company in the industrial real estate development sector in Vietnam. With extensive experience and an impressive investment portfolio, Gaw NP Industrial provides factory rental solutions with modern infrastructure, meeting the diverse needs of businesses from light manufacturing to heavy industry.

Production factory leasing products of Gaw NP Industrial

  • GNP Yen Binh 1 & GNP Yen Binh 2 in Thai Nguyen

GNP Yen Binh 1 & GNP Yen Binh 2 are about an hour's drive from Hanoi via the Hanoi - Thai Nguyen highway

GNP Yen Binh 1 & GNP Yen Binh 2 are about an hour’s drive from Hanoi via the Hanoi – Thai Nguyen highway

Strategic location

GNP Yen Binh 1 & GNP Yen Binh 2 are located on 29.5 ha in a strategic location just an hour’s drive from Hanoi via the Hanoi – Thai Nguyen highway. The factories are close to the Samsung Thai Nguyen plant, one of Samsung’s largest factories in Vietnam, and only about 40 minutes from Noi Bai International Airport, providing advantages in logistics and market access.

Amenities and Modern Infrastructure

  • Modern Infrastructure: The factories are fully equipped with amenities such as a modern fire protection system, 31-meter wide internal roads, large parking areas, and a shared canteen, providing a safe and efficient working environment.
  • Large production space: With a total area of nearly 30 ha and over 188,000 square meters of ready-built factories, various spaces from 2,500 square meters and more, available for the needs of many different businesses.
  • Column-Free design: The factories feature a column-free design to optimize production space, with an 8-meter distance between side columns and a column-free length of up to 51 meters.

The advantage of business

Rent a factory built with a structure suitable for many high-tech industries

Rent a factory built with a structure suitable for many high-tech industries

  • Priority Industries: The factories are suitable for high-tech industries such as metal mold manufacturing, electronic components, automation equipment, and mechanical processing for mobile phones and other mobile devices.
  • Convenient transportation connections: The prime location of GNP Yen Binh 1 & GNP Yen Binh 2 allows businesses to easily connect to major markets in the region, such as Hanoi, Bac Ninh, and Bac Giang, as well as quick access to the Vietnam-China border gates.

GNP Nam Dinh Vu in Hai Phong

GNP Nam Dinh Vu, a prominent project of Gaw NP Industrial, is located in the Nam Dinh Vu Industrial Park, part of the Dinh Vu – Cat Hai Economic Zone in Hai Phong. This project provides modern factories and warehouses to meet the diverse needs of both domestic and international businesses, based on its strategic location and superior infrastructure.

Strategic Location

GNP Nam Dinh Vu has 16.9 ha, with a prime location near main roads and important seaports:

  • Convenient transportation: Located near Hai Phong Port (15 km), Lach Huyen Port, and Cai Lan Port, this location is convenient for medium-scale manufacturing businesses that need direct access to international maritime transport routes.

GNP Nam Dinh Vu is located 15 km from Hai Phong port

GNP Nam Dinh Vu is located 15 km from Hai Phong port

  • Quick access to major markets: The location near Cat Bi international airport (about 13km) promotes the ability to transport goods and optimize trade processes, helping businesses increase efficiency and reduce costs.

Amenities and infrastructure

  • Modern infrastructure: The factory is fully equipped with amenities such as an advanced fire protection system, spacious internal roads, parking areas for trucks and motorcycles, and a shared canteen, providing a safe and efficient working environment
  • Large production space: With a total area of 16.9 hectares and over 101,000m2 of ready-built factories and warehouses, it offers flexible production space rentals starting from 2,500m2, suitable for the needs of various businesses.
  • Column-free design: The factory features a column-free design to optimize production and storage space, resulting in high efficiency during the production and goods management process.

GNP Nam Dinh Vu offers column-free design production facilities for rent

GNP Nam Dinh Vu offers column-free design production facilities for rent

Business advantages

  • Priority industries: The factory is available for high-tech industries such as electronics, refrigeration, telecommunications, information technology, and advanced technology, as well as precision mechanical production and new materials.
  • Convenient transportation: The location of GNP Nam Đình Vũ allows businesses easy access to major regional markets such as Hai Phong and nearby provinces, as well as quick access to international seaports, optimizing logistics and product distribution.

GNP Dong Van 3 in Ha Nam

GNP Dong Van 3, a significant industrial development project by Gaw NP Industrial, is located in the Dong Van 3 Industrial Park, Ha Nam province. With an area of 16 ha and modern amenities, this project provides an ideal production space for domestic and foreign businesses, especially in high-tech and supporting industries.

GNP Dong Van 3 maximizes the advantage of its connection to National Highway 1A and National Highway 38

GNP Dong Van 3 maximizes the advantage of its connection to National Highway 1A and National Highway 38

Strategic location

  • Transportation connections: GNP Dong Van 3 maximizes the advantage of its connection to National Highway 1A and National Highway 38, as well as the Cau Gie – Ninh Binh expressway. This location allows easy travel to Hanoi in just 45 minutes and to Noi Bai International Airport in about 80 minutes.
  • Import-export advantage: The project is approximately 120 minutes away from major seaports such as Hai Phong port and Lach Huyen port.

Amenities and infrastructure

  • High-quality warehouses: The project offers over 100,000m2 of ready-built factories and warehouses with flexible sizes from 2,500m2 for factories and 9,000m2 for warehouses.
  • Modern design: The factories feature a column-free design to optimize usable space, an advanced fire protection system, and convenient infrastructure including spacious internal roads, parking areas for motorcycles and container trucks, and 24/7 security.
  • EDGE green building certification: The project is recognized as energy saving and environmentally friendly, helping businesses reduce operating costs.

GNP Dong Van 3 offers EDGE-certified production facilities for rent, recognized for energy efficiency and environmental friendliness

GNP Dong Van 3 offers EDGE-certified production facilities for rent, recognized for energy efficiency and environmental friendliness

The advantages of business

  • Priority industries: The factories are suitable for industries such as mechanical engineering, assembly, automotive, motorcycles, electrical, electronics, supporting industries, new materials, and high technology. This location is also advantageous for businesses in the supply chains of major corporations like Honda, CJ, and YKK.
  • Multinational investment community: Dong Van 3 is home to a large community of investors from Taiwan, Japan, and South Korea, creating a multicultural business environment and international cooperation.

Choosing to rent a production facility in Vietnam is a crucial decision for any business. With Gaw NP Industrial, businesses not only rent facilities in prime locations but also benefit from high construction quality, diverse services, and amenities. These factors help businesses optimize efficiency and costs in their production operations.

See more:

Find out whether building or renting a factory is the best way to save costs

Essential factors to consider when leasing ready-built factory space for your business

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

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