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Why Choose to Rent a Factory with Office Space in Vietnam

May 09, 2024 09:01 AM

Explore the benefits of a factory office for rent in Vietnam with office space and why this is a smart decision for businesses. Utilize this flexible space to optimize production and management activities, while also creating favorable conditions for sustainable business development. Discover now to understand more about the benefits and conveniences that this rental […]

Explore the benefits of a factory office for rent in Vietnam with office space and why this is a smart decision for businesses. Utilize this flexible space to optimize production and management activities, while also creating favorable conditions for sustainable business development. Discover now to understand more about the benefits and conveniences that this rental option brings.

Trend of Choosing to Rent Factories with Office Space in Vietnam

Building and managing factories is not easy, requiring significant costs, time, and effort. Therefore, many businesses have opted for the form of renting factories to save costs and increase operational efficiency.

Factory office for rent in Vietnam helps businesses optimize costs

Factory office for rent in Vietnam helps businesses optimize costs

According to statistics from the Department of Housing and Real Estate Market Management, the demand’s factory office for rent in Vietnam has been increasing in recent years, especially in areas with developed economies such as Ho Chi Minh City, Hanoi, Dong Nai, Binh Duong, Bac Ninh, Hai Phong, Thai Nguyen, Ha Nam,… Some current trends in choosing factories for rent in Vietnam include:

  • Choosing factories with convenient locations: This is the most important factor when choosing a factory for rent in Vietnam, as it directly affects transportation, access to customers, competition with competitors, and compliance with legal regulations. Many businesses prioritize choosing factories located in industrial parks, export processing zones, or near major highways, seaports, and airports…
  • Choosing factories with suitable sizes: The size of the factory will affect the arrangement of machinery, equipment, raw materials, products, and labor. Many businesses choose factories with flexible sizes that can be expanded or contracted according to production and business needs. Some businesses even choose factories that can be divided into multiple parts to rent to different units.
  • Choosing factories with good infrastructure and services: Many businesses choose factories with full and modern infrastructure, such as electricity, water, roads, drainage, internet, security, sanitation, parking lots, canteens, toilets… In addition, many businesses also prioritize choosing factories with support services, such as consulting, procedures, management, maintenance, repair, and insurance…
  • Choosing factories combined with offices: Nowadays, for many manufacturing businesses, factories are also the center of the business. Therefore, many businesses choose to invest in facilities to optimize efficiency for production. That’s why the trend of choosing factory rental services with offices in Vietnam is preferred by many businesses, especially small and medium-sized ones, as they can take advantage of the facilities installed in the factory. This helps avoid the situation of renting an office and spending a large amount of capital.

Choosing to rent a factory with an office in Vietnam is a trend among businesses

Choosing to rent a factory with an office in Vietnam is a trend among businesses

Why choose to rent a factory with an office in Vietnam?

factories with offices for rent in Vietnam offer advantages

factories with offices for rent in Vietnam offer advantages

Space optimization

In reality, office space typically only occupies a small part of the total area of the factory. Therefore, smart factory space arrangement allows for combining with offices to help businesses optimize space usage. This is a common choice for businesses, especially small and medium-sized enterprises (SMEs).

Cost-saving on investment

When deciding to rent a separate office area, businesses will face many fixed costs and additional expenses, which can significantly increase the regular capital outlay. Combining production space and offices in a single space helps minimize these costs. This two-in-one model is not only convenient but also a cost-effective expense strategy.

Enhanced business operations

Placing both production and office areas in the same location brings great convenience to businesses. The distance between work areas decreases, facilitating information exchange between production and business activities. Without the need to spend time commuting between areas, business and production activities will be more closely integrated. This not only saves time but also reduces the risks of transportation, thereby enhancing the operational efficiency of the business.

>>> See more: Top Custom-Built Factory Options in Vietnam

Key factors when choosing a factory office for rent in VietNam

Geographic location

Geographic location plays a crucial role in the decision-making process of choosing a quality factory office for rent in Vietnam. factories in prime locations are often situated along important roads or transportation routes, near seaports, airports… providing convenience for transportation, reducing the time for goods supply, and minimizing additional costs.

Being close to major roads or airports is a top priority for businesses

Being close to major roads or airports is a top priority for businesses

Typically, investors prioritize renting factories in industrial parks (IPs) because the transportation system within IPs is usually spacious, modern, and equipped with many utilities, facilitating the flow of trucks and containers. This helps meet the demand for distributing and transporting goods to suppliers or consumers.

Infrastructure and amenities

Choosing a factory office for rent in Vietnam requires meeting requirements for electricity, water, and telecommunications systems. This includes a stable electricity system with sufficient capacity, backup power sources, along with clean water supply, drainage, and wastewater treatment systems. A modern telecommunication system, including internet, telephone, and cable TV, is also crucial. Additionally, amenities such as parking lots, cafeterias, meeting rooms, and medical rooms play a significant role in the process of choosing a factory office for rent in Vietnam. These factors ensure a comfortable working environment and support the needs of employees and businesses.

Maintenance factor

Regular maintenance ensures factories operate smoothly

Regular maintenance ensures factories operate smoothly

Regular and timely maintenance of rented factory offices helps businesses save costs, avoid incidents and damages, and enhance productivity and quality. When choosing factory office rental services in Vietnam, businesses need to consider factors such as maintenance costs, maintenance timeframes for factories, and maintenance teams. This ensures that businesses operate smoothly and uninterrupted.

Lease terms

Some businesses sometimes overlook carefully checking the terms in the contract before signing, leading to conflicts of interest between the lessor and lessee in the future. Because renting quality factory offices is an important service, representing both parties requires careful evaluation of the terms in the lease agreement.

Key lease terms businesses should consider and pay attention to include:

  • Deposit and rental fees (monthly or yearly)
  • Lease duration and the possibility of contract renewal
  • Interest rates related to deposits (if any)
  • Obligations and responsibilities of both the lessor and lessee
  • Procedures for establishing additional appendices if there are any adjustments or supplements…

Development opportunities

Choosing factory office rentals in Vietnam is an excellent choice to develop the business potential of enterprises. There are many advantages to renting factories in areas where the state is investing in development. Businesses will benefit from the economic growth and transportation infrastructure of that area.

Choosing factory rentals in these areas allows for the expansion of the scale and scope of business operations. Most importantly, businesses won’t have to worry about sudden rent increases, ensuring stability for factory rental costs.

>>> See more: Eight Key Advantages of Leasing Factories in Vietnam

Factory with office for rent in Vietnam – Gaw NP Industrial

Gaw NP Industrial is a joint venture between Gaw Capital Partner and NP Capital. Gaw Capital Partners, a leading investment fund in Asia, owns assets totaling nearly $35.2 billion, while NP Capital is one of the leading real estate investment and development funds in Vietnam.

Gaw NP Industrial provides various factory office solutions for businesses

Gaw NP Industrial provides various factory office solutions for businesses

Gaw NP Industrial is increasingly providing quality industrial real estate projects for the Vietnamese market and aims to become a leading developer in this field in Vietnam and even the entire Asia-Pacific region.

Moreover, Gaw NP Industrial particularly has 04 strengths to attract investors:

  • Convenient geographical location: Positioned in strategic locations to facilitate business development.
  • High quality: Committed to ensuring the quality of construction and operations of industrial real estate.
  • International connectivity: Connected to global networks to support and optimize business opportunities.
  • Regional linkages: Understanding and integrating with the local community, facilitating cooperative relationships.

The projects developed and underway by Gaw NP Industrial include GNP Yen Binh 1 and GNP Yen Binh 2 in Thai Nguyen, GNP Nam Dinh Vu in Hai Phong, and GNP Dong Van 3 in Ha Nam. All of them are optimally designed, meeting safety standards such as: Column-free design for more usable space, standard hydraulic floor and mezzanine system, wide internal roads, multiple entrances, wastewater treatment system, standard fire protection and 24/7 security…

– GNP Yen Binh 1&2 Project

  • Scale: 29.5 hectares
  • Queen bee: Samsung, DBG, Masan…
  • Flexible factory area: minimum leased area from 2500m2
  • Convenience: column-free design, 24/7 security system, fire protection system, water treatment system…

GNP Yen Binh 1&2 located in Thai Nguyen

GNP Yen Binh 1&2 located in Thai Nguyen

– GNP Nam Dinh Vu Project

  • Scale: 16.9 hectares
  • Minimum leased area from 2500m2
  • Queen bee: Pegatron, PHC, Liteon, LG, ASE Holding, Growatt, Nipro, Greenworks, Regina Miracle, Tesa, USI, Chilisin, Bridgestone…
  • Convenience: column-free design, 24/7 security system, fire protection system, water treatment system…

GNP Nam Dinh Vu constructed in Hai Phong

GNP Nam Dinh Vu constructed in Hai Phong

– GNP Dong Van 3 Project

  • Scale: 16 hectares
  • Flexible factory area: 2,500 m2
  • Queen bee: Honda, CJ, YKK, Wistron,…
  • Convenience: column-free design, 24/7 security system, fire protection system, wastewater treatment system…

GNP Dong Van 3 constructed in Ha Nam

GNP Dong Van 3 constructed in Ha Nam

Conclusion

Choosing a factory with office rental service in Vietnam brings many special benefits, providing an attractive option for domestic and international businesses. Not only does it help save costs, but it also ensures a modern and flexible working environment.

If your business is in need of a factory-office solution, Gaw NP Industrial – factory office for rent in Vietnam, offers various high-quality factories that will provide you with the best options.

>>> See more: Important Factors to Consider When Renting a Factory in Vietnam

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