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Warehouse for rent in Haiphong: A Dynamic Market with Competitive Advantages

August 19, 2024 09:15 AM

Hai Phong, a major port city in Vietnam, is rapidly becoming a hotspot for the warehouse rental market due to the increasing demand from domestic and international businesses. With strong industrial development plans extending to 2030, Hai Phong promises numerous advantages for investors and companies in need of warehouse space. 1. Hai Phong Enhances Industrial […]

Hai Phong, a major port city in Vietnam, is rapidly becoming a hotspot for the warehouse rental market due to the increasing demand from domestic and international businesses. With strong industrial development plans extending to 2030, Hai Phong promises numerous advantages for investors and companies in need of warehouse space.

1. Hai Phong Enhances Industrial Zone Development Until 2030

1.1. Expansion of Industrial Zones

Hai Phong's policy of expanding and developing industrial zones

Hai Phong’s policy of expanding and developing industrial zones

Hai Phong is pursuing a policy of expanding and developing existing industrial zones, as well as constructing new ones to attract investment. This strategy not only helps to develop traditional industries but also focuses on high-tech and environmentally friendly industries, meeting the global trend of sustainable development. Some of the key industrial zones being prioritized for expansion and development include:

Nam Dinh Vu Industrial Zone

Nam Dinh Vu Industrial Zone, covering more than 1,329 hectares, is strategically located near the seaport and major transportation routes. It is being developed to become a multi-sector industrial hub. This industrial zone attracts not only domestic businesses but also foreign investors, enhancing regional competitiveness and production efficiency. With its modern infrastructure, Nam Dinh Vu is gradually becoming a top destination for businesses seeking development opportunities in Hai Phong.

Trang Due Industrial Zone

As one of Hai Phong’s key industrial zones, Trang Due has attracted investment from major international corporations such as LG, with a project worth over 1.5 billion USD. The expansion of this industrial zone not only creates thousands of job opportunities but also strongly promotes the city’s economic growth, increasing residents’ incomes and improving the quality of life.

VSIP Hai Phong Industrial Zone

Developed by a joint venture between Vietnam and Singapore, VSIP Hai Phong Industrial Zone is not only a production center but also a place for high-tech research and development activities. This industrial zone is becoming a hub for high-value-added industries, reflecting Hai Phong’s commitment to sustainable and modern industrial development.

1.2. Development of National Highway CT.08

National Highway CT.08 is a key transportation infrastructure project that Hai Phong city is investing in to enhance regional traffic connectivity and improve logistics efficiency for the industrial zones in the area. The development of this highway is part of a comprehensive strategy to upgrade transportation infrastructure, facilitating the movement of goods and travel between Hai Phong’s major economic zones and neighboring provinces.

National Highway CT.08 is a key transportation infrastructure project

National Highway CT.08 is a key transportation infrastructure project

Objectives and Importance

Regional Connectivity: National Highway CT.08 is designed to directly connect major industrial zones such as Trang Due, VSIP, and GNP Nam Dinh Vu with main roads and seaports. This not only alleviates traffic pressure on existing routes but also shortens transportation times and reduces logistics costs.

Promoting Trade and Investment: Improving traffic connectivity through National Highway CT.08 will increase Hai Phong’s attractiveness to both domestic and foreign investors, thanks to easier access to markets and international transportation routes.

Local Economic Development: National Highway CT.08 serves not only commercial and industrial purposes but also contributes to regional development by expanding business opportunities for local enterprises and improving living conditions for residents.

1.3. Expansion of the Port System

In the context of globalization and international trade growth, expanding the port system in Hai Phong is a key strategy to enhance the capacity and efficiency of seaports. This effort not only boosts import and export activities but also reinforces Hai Phong’s position as a major logistics hub in Vietnam and Southeast Asia.

Expanding the port system in Hai Phong is a key strategy

Expanding the port system in Hai Phong is a key strategy

Importance of Port Expansion

Enhancing Reception Capacity: Expanding the port increases its ability to receive larger ships, meeting the demands of international shipping routes, and minimizing the waiting time for ships and goods at the port.

Boosting International Trade: Port expansion facilitates more efficient trade operations, thereby promoting export and import activities and attracting foreign investment to the region.

Improving Logistics Connectivity: An expanded port will enhance the efficiency of the supply chain from production to distribution, helping to reduce logistics costs and increase the competitiveness of products in the international market.

Port Expansion Projects

Lach Huyen Port: As Vietnam’s first deep-water port project, Lach Huyen Port, upon completion, will accommodate large container ships with a capacity of up to 100,000 DWT. This project not only strengthens connections with major markets such as Europe and the United States but also reduces transportation costs and warehouse time.

Hai Phong Port Expansion: This key project aims to increase the capacity and modernize Hai Phong Port, one of the largest ports in Vietnam. The port expansion will include upgrading and constructing additional docks, warehouses, and related infrastructure.

Long-term Impact

The expansion of the port system in Hai Phong will not only contribute to the city’s development but also have a positive impact on the economic growth of the entire region. It is a crucial factor in promoting Hai Phong as a logistics hub and a vital trade gateway for Vietnam and the region. Port expansion can help to create more jobs, improve residents’ living standards, and foster the development of supporting industries locally.

2. Increasing Demand for Warehouse Rentals

In the era of the digital economy and global integration, the demand for warehouse rentals in Hai Phong is rising sharply. This increase not only reflects the need for goods storage but also highlights the necessity of optimizing supply chains.

One of the main drivers of the demand for warehouse rentals is the explosion of e-commerce. The e-commerce sector has experienced significant growth, especially after the COVID-19 pandemic, as people now prefer online shopping over traditional shopping. This requires businesses to have larger storage spaces to manage inventory and handle orders quickly and efficiently.

The demand for warehouse rentals in Hai Phong is rising sharply

The demand for warehouse rentals in Hai Phong is rising sharply

The globalization of supply chains is also a significant factor driving the demand for warehouse rentals. Businesses are seeking strategically located warehouses to reduce transportation costs and improve distribution efficiency. Having storage facilities close to major production centers or key consumer markets allows companies to quickly meet customer demands and reduce storage time.

Additionally, the demand for warehouse rentals is fueled by the shift of manufacturers from China to other countries, such as Vietnam. This shift is driven by the desire to diversify risks and take advantage of more favorable tariff policies.

Southeast Asia, particularly Vietnam, is becoming a popular destination for new manufacturing activities, leading to high demand for storage facilities near industrial zones.

3. GNP Nam Dinh Vu – Reputable Warehouse Rentals in Hai Phong

GNP Nam Dinh Vu, developed by Gaw NP Industrial, located in the Dinh Vu – Cat Hai Economic Zone in Hai Phong. It stands out as one of the prominent industrial zones offering high-quality warehouses for rent, catering to the needs of large-scale manufacturing and distribution businesses.

GNP Nam Dinh Vu stands out with EDGE-certified warehouse rentals

GNP Nam Dinh Vu stands out with EDGE-certified warehouse rentals

With a total area of up to 16.9 hectares and more than 101,000 square meters of factory and warehouse space for rent, GNP Nam Dinh Vu provides an ideal choice for businesses seeking efficient and convenient storage solutions.

The scale of GNP Nam Dinh Vu reaches up to 16.9 hectares

The scale of GNP Nam Dinh Vu reaches up to 16.9 hectares

Key Features of GNP Nam Dinh Vu Warehouse

  • Height and Ceiling Structure: The warehouses at GNP Nam Dinh Vu are designed with a minimum height of 9.5 meters for the warehouse area and 2.8 meters for the office area ceiling.

GNP Nam Dinh Vu stands out with a variety of amenities

GNP Nam Dinh Vu stands out with a variety of amenities

  • Floor Load Capacity and Intelligent Design: The reinforced concrete floors can withstand loads of up to 3 tons per square meter, suitable for storing heavy goods. The column spacing reaches up to 25 meters, optimizing usable space and facilitating the movement and handling of goods.
  • Strategic Location and Diverse Amenities: GNP Nam Dinh Vu is located near major seaports such as Hai Phong Port and Lach Huyen Port, as well as Cat Bi International Airport, offering significant advantages for the transportation and import-export of goods. The site features spacious internal roads, parking for trucks and motorcycles, along with a modern 24/7 security system and advanced fire protection, ensuring a safe and professional working environment.

Spacious Internal Roads, Parking for trucks and motorcycles, 24/7 Security System

Spacious Internal Roads, Parking for trucks and motorcycles, 24/7 Security System

Environmentally Friendly and Energy Efficient: The warehouses are EDGE-certified, demonstrating a commitment to environmental protection and energy optimization. This not only helps businesses reduce operational costs but also contributes to broader environmental conservation efforts.

Convenient Location for Connectivity with Surrounding Areas:

  • To Van Don International Airport: ~100 km (80 minutes)
  • To Cai Lan Port: ~49 km (48 minutes)
  • To Hai Phong Port: ~15 km (25 minutes)
  • To Lach Huyen International Deep Water Port: ~11 km (15 minutes)
  • To Hai Phong City Center: ~16 km (28 minutes)
  • To Cat Bi International Airport: ~13 km (20 minutes)
  • To Noi Bai International Airport: ~130 km (110 minutes)
  • To Hanoi Capital: ~122 km (100 minutes)

With the benefits of a strategic location, modern infrastructure, and a professional and safe working environment, GNP Nam Dinh Vu is an ideal destination for businesses seeking high-quality warehouse space in Hai Phong.

4. Important Considerations When Renting a Warehouse

When renting a warehouse, businesses need to consider several key factors to ensure the storage facility meets their needs and supports their operations effectively:

  • Warehouse Location: Choose a location that is convenient for logistics, close to major roads, ports, or airports, to save on transportation costs and time.
  • Size and Expansion Capability: Ensure the warehouse has sufficient space for current needs and potential for future expansion.
  • Infrastructure and Equipment: Thoroughly inspect the warehouse’s infrastructure and equipment, including the ceiling, floor, electrical system, and security features.
  • Contract Terms: Understand the terms of the warehouse lease, including costs, lease duration, and maintenance conditions.
  • Legal and Insurance: Verify the legal documents of the warehouse and consider insurance options to protect goods and assets.
  • Additional Amenities: Consider additional amenities such as loading/unloading areas, office space, and parking facilities.

Paying attention to these points will help businesses select a suitable, efficient, safe, and cost-effective warehouse.

5. Conclusion

Hai Phong, with its strategic seaport location and strong transportation infrastructure, is becoming a hotspot for the warehouse rental market. Businesses can leverage this advantage to improve logistics efficiency and expand their operations. Investing in warehouses in Hai Phong promises significant added value for both investors and tenants.

>>> See more: Renting a warehouse for rent in HaiPhong, things to consider

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