Yen My Industrial Zone

Yen My Industrial Park Hung Yen possesses outstanding competitive advantages in terms of geographical location and human resources. Located near Hanoi and Noi Bai Airport, this industrial park offers convenient connections to Vietnam’s largest economic and political center. The diverse transportation system, including the Hanoi – Hai Phong Expressway and the Hanoi – Hai Phong railway, facilitates the transportation of goods.

Hung Yen has an abundant labor force with a high proportion of trained workers – over 65% of the workforce has received training, and 25% are skilled workers, particularly in the fields of engineering and electronics. Businesses leasing land and operating in Yen My Industrial Park can easily recruit a high-quality workforce. With these advantages, Yen My Industrial Park is poised to become one of the most attractive industrial land rental areas, drawing large-scale projects and contributing to the economic development of Hung Yen province.

Overview of competitive advantages of leasing land in Yen My Industrial Park, Hung Yen

1. Investor developing Yen My Industrial Park – Viglacera

Viglacera Real Estate Business Company, headquartered in Hanoi, is the developer of the Yen My Industrial Park project in Hung Yen, authorized by the province’s Industrial Park Management Board under a license issued in 2018. Viglacera owns 14 real estate properties and 14 industrial parks across Vietnam, particularly key projects in the northern region, such as Yen Phong, Yen Phong 2C, Thuan Thanh 1 (Bac Ninh), Hai Yen (Quang Ninh), and Yen My (Hung Yen). With extensive experience in industrial infrastructure development, Viglacera ensures the credibility and quality of Yen My Industrial Park, providing investors with confidence and peace of mind.

2. Prime location for regional connectivity

Yen My Industrial Park is located in Trung Hoa and Tan Lap communes, Yen My district, Hung Yen province. This industrial land rental area offers quick access to Hanoi and Hai Phong, as it is situated near the junction of National Highway 5A and the Hanoi – Hai Phong Expressway, providing seamless connectivity to international seaports and airports.

From National Highway 39A, the industrial park is well-connected to major transport hubs via various modes of transportation:

• 54 km to Noi Bai International Airport.
• 75 km to Hai Phong Port.
• 12 km to Lac Dao Railway Station.
• 35 km to Hanoi’s economic, service, and trade center.
• 30 km to Hung Yen City.
• 40 km to Bac Ninh City.

3. Scale of land for lease in Yen My Industrial Park

Yen My Industrial Park in Hung Yen covers a total area of 280 hectares, with 204 hectares designated for industrial use. Currently, the park is operating efficiently, with an occupancy rate of over 50%. The land lease duration is 50 years, specifically from its establishment date on May 30, 2018, until 2068. With a long-term lease (as of 2024, 44 years remain), investors can confidently plan long-term business strategies, recover their capital, and generate sustainable profits.

4. Priority Industries for investment in Yen My Industrial Park

Thanks to its strategic location and abundant workforce, Yen My Industrial Park has attracted large-scale investment projects. Notable examples include:

• Yusung Electronics (100% South Korean investment), specializing in manufacturing motor control devices, sensors, and LED lights for automobiles.
• Jia Yang Packaging Factory (Taiwanese investment).

Viglacera continues to seek new investors for Yen My Industrial Park, with a focus on industries such as mechanical engineering, electronics manufacturing, and packaging production.

Comprehensive infrastructure & utilities of Yen My Industrial Park

1. Integrated technical infrastructure

Yen My Industrial Park is equipped with well-developed facilities and essential support services to ensure seamless business operations, including:

• Road System: Roads cover 9.17% of the total area (25.68 hectares), ensuring safe and efficient transportation of goods, vehicles, and personnel within the park.
• Water Supply System: Maximum capacity of 8,000 m³/day, meeting the needs of production units.
• Power Supply System: Total capacity of 3x63MVA, electricity supplied through a 110kV/22kV substation.
• Wastewater Treatment Plant: Features an automatic monitoring system and a hazardous waste storage facility (13.3 m²), with pipelines collecting wastewater from production plants for centralized treatment.
• Stormwater Drainage System: Separates rainwater from surface runoff and industrial waste, directing it to a dedicated drainage network leading to Bac Hung Hai River.

2. Social infrastructure & on-site amenities

Yen My Industrial Park integrates various amenities within its premises for businesses’ convenience:

• Banks: On-site branches of Vietcombank, VietinBank, BIDV, and other financial institutions.
• Fuel Supply Station: PV OIL station within the park for quick refueling of cargo and employee transport vehicles.
• Key Facilities Nearby:
  • Customs Office (4 km away).
  • Police Station (within the park).
  • Pho Noi General Hospital (3 km away).
  • Universities & Colleges nearby for workforce training.

Price of land for lease in Yen My Industrial Park 

RSQUARE offers the following land lease pricing for Yen My Industrial Park:

• Land Lease Price: $130 – $134 USD/m².
• Management Fee: $0.7 USD/m² per year.
• Deposit: Negotiable with the lessor.

For more details on land lease options across industrial zones in Hung Yen, visit RSQUARE’s website or contact the Hotline: 028 3636 09641 for a free consultation.