February 2026 Vietnam Industrial Real Estate Guide

As global economic integration deepens, the global trade environment is also changing in complex ways. Under these circumstances, the Free Trade Zone (FTZ) is being utilized as an effective model to promote production activities, import/export, and logistics.

In October 2025, the Hai Phong City People’s Committee officially established the Hai Phong Free Trade Zone with various specialized incentive policies. The Hai Phong Free Trade Zone covers a total area of 6,292 hectares and is situated in a prime location near the Dinh Vu – Cat Hai Economic Zone and the Southern Hai Phong Coastal Economic Zone.

Investment Incentives at Hai Phong Free Trade Zone

1. Investment projects in priority attraction sectors (R&D, semiconductors, high-tech, etc.):

• Application of a 10% corporate income tax (CIT) rate (for 30 years)

• CIT exemption for the first 4 years / 50% reduction in payable tax for the subsequent 9 years

2. Investment projects in non-priority attraction sectors:

• Application of a 10% CIT rate (for 15 years)

• CIT exemption for the first 4 years / 50% reduction in payable tax for the subsequent 9 years

3. Land and water surface use fees:

• Exemption from land and water surface use fees for the entire lease period

• Note: Commercial housing construction projects and land for commercial/service use are excluded

4. Simplified administrative procedures:

• Foreign investors are not required to undergo the procedure to obtain an Investment Registration Certificate (IRC) prior to establishing an economic organization

If you require detailed consultation regarding investment in Hai Phong City or wish to inquire about the overall investment environment in Vietnam, please feel free to contact us at the details below at any time.

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