Facing the wave of production shifts of many FDI enterprises in the world, Vietnam has become a bright candidate, and the demand for renting factories and warehouse in HaNam has also suddenly increased sharply. This makes many people question why the warehouse rental market here is sought after and invested in by many businesses?

1. 6 reasons large businesses choose to rent warehouse in Hanam

1.1. Well located

Geographic location is the top priority for businesses choosing to rent factories and warehouses in Ha Nam. Because if the price is reasonable but the factory is located in a place with inconvenient traffic or complex areas, it will also cause many difficulties and obstacles for businesses in the process of operating the factory.

Geographic location map in Ha Nam

Ha Nam province generally meets the geographical criteria for businesses such as: bordering the Red River Delta, only 38 km to Hanoi, near Thai Binh, Hung Yen, Nam Dinh, Ninh Binh and Hoa Binh provinces. Furthermore, Ha Nam also has the Noi Bai – Lao Cai highway and the North-South railway line, which is nearly 50 km long. In particular, Ha Nam is also a key economic region of the North. With these advantages, Ha Nam is advantageous in terms of economic exchange and cooperation with neighboring regions. These things have contributed to promoting Ha Nam province to approach FDI enterprises easily and effectively.

1.2. Transportation and Connectivity

The North-South Railway and National Highway 1A are the lifeblood roads of Ha Nam in particular and of the country in general. The transportation network in Ha Nam makes this province convenient for exchange and economic cooperation with many provinces, cities, or major economic centers across the country.

In addition, from Ha Nam, businesses can transport goods via routes such as sea and air to other countries easily.

1.3. Promote industrial development in a modern and sustainable direction

Faced with the potential advantages of Ha Nam, the government and investors have used land funds effectively to build many export processing zones, industrial parks or industrial clusters such as: Chau Industrial Park. Son, Thanh Liem Industrial Park, Hoa Mac Industrial Park, Thai Hoa Industrial Park, Dong Van Industrial Park I – II – III – IV… with high standards.

1.4. Infrastructure and amenities

When renting a warehouse in Hanam, businesses can also enjoy available amenities inside such as: fire protection system, 24/7 security, electricity and water system… and many other surrounding amenities. Furthermore, the policies of warehouse investors in Ha Nam also encourage businesses to exchange and cooperate. This also explains the question of why industrial parks in Ha Nam are always active.

Infrastructure and amenities at warehouses in Ha Nam meet the criteria of many businesses

1.5. Government support policy

In order to promote the warehouse rental market in Ha Nam to develop steadily and become increasingly friendly to businesses. The Government and local leaders at all levels constantly propose plans such as: improving – upgrading and developing infrastructure, transportation systems, education and vocational training systems to meet human resources needs for domestic and foreign businesses in this province.

Beside, the competent authorities are also trying to implement plans to simplify administrative procedures, make information transparent, and strengthen cooperation with foreign organizations: streamlining licensing procedures for foreign workers in Vietnam, developing regimes and policies for domestic workers, establishing cultural centers and supporting and encouraging investment with Japan, Korea, America,… Support businesses in recruiting, simplifying production licensing procedures, and renting factories and warehouses in Ha Nam.

In addition, some other investment incentive policies in Ha Nam province include:

• Allocate clean land to businesses to build housing areas for workers.
• Support businesses to expand production scale.
• Expand sources for learning about policies, laws, investment procedures, labor resources, etc. in Vietnam so that domestic and FDI enterprises can easily access them.
• Continuously improve old policies and introduce new policies with optimal and effective solutions to actively support investors.

2. Highlights of the warehouse in Hanam – GNP Dong Van 3

The warehouse rental market in Ha Nam is very bustling with FDI investors constantly pouring capital. One of the outstanding projects is the GNP Dong Van 3 warehouse located in Dong Van III Industrial Park directly built by investor Gaw NP Industrial on a scale of up to 16 hectares.

With many outstanding advantages such as: column-free design to maximize area, a roof height of 6.5 m, a maximum floor load of 3 tons/m2, fixed partitions with fireproof coating, and a ventilation system in both areas, 2 sides of the factory, a 24/24 automatic fire protection system, and other utility systems. In particular, GNP Dong Van 3 is also EDGE certified, a green factory certification with modern equipment to help save energy.

GNP Dong Van 3 has been purchased by many investors in recent years

Currently, GNP Dong Van 3 ready-built warehouse in Hanam province is applying a 2-for-4 tax exemption (100% corporate income reduction in the first 2 years and 50% reduction in the next 4 years).

When comparing factory or warehouse rental prices in Ha Nam with other key areas, investors often say that Ha Nam has lower costs than other places, especially in infrastructure and logistics. onion. However, the specific rental price on a given street depends on the rental period and the conditions in the contract.

Currently, GNP Dong Van 3 is the “capital” of industries such as automobile assembly, electronics, information technology… and large Queen Bees such as Honda, YKK, Wistron, Quisda, Foxconn, LG, etc.

3. Conclusion

With the advantageous factors of Ha Nam mentioned above, it is enough to help us explain why the warehouse in Hanam market here attracts many FDI and domestic enterprises.

In addition, to learn more about GNP Dong Van 3 and developer Gaw NP Industrial – a joint venture group specializing in developing high-end and prestigious industrial real estate in Vietnam, please contact the hotline at 0789 75 77 88 for advice.

>>> See more: 10 important factors to consider when selecting warehouses in Vietnam

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