Ready-Built Factories Attract FDI Projects
Demand for ready-built factories rises as manufacturing FDI enterprises seek to shorten setup time and bring plants into operation sooner.
At Long Hau Industrial Park (Tay Ninh), the occupancy rate for ready-built factories currently exceeds 95%, with some units reaching 100%. Notably, a 9-story factory building that began operations in December 2025 was fully leased within 6 months, securing 16 tenants.
The total ready-built factory floor area at Long Hau currently stands at around 200,000 sqm. According to Mr. Bui Le Anh Hieu, Marketing and Business Director of Long Hau Industrial Park, the company plans to bring an additional 50,000 sqm into operation by the end of this year, raising the total to approximately 250,000 sqm. The new generation of factory buildings features upgraded design, incorporating green and sustainability standards aimed at LEED certification, along with expanded automation integration.
At Long Hau Industrial Park (Tay Ninh), the occupancy rate for ready-built factories currently exceeds 95%, with some units reaching 100%. Notably, a 9-story factory building that began operations in December 2025 was fully leased within 6 months, securing 16 tenants.
The total ready-built factory floor area at Long Hau currently stands at around 200,000 sqm. According to Mr. Bui Le Anh Hieu, Marketing and Business Director of Long Hau Industrial Park, the company plans to bring an additional 50,000 sqm into operation by the end of this year, raising the total to approximately 250,000 sqm. The new generation of factory buildings features upgraded design, incorporating green and sustainability standards aimed at LEED certification, along with expanded automation integration.
Long Hau Industrial Park (Tay Ninh) maintains a ready-built factory occupancy rate above 95%.Tenants here come from the US, Europe, South Korea, China, and domestic enterprises, with FDI companies accounting for around 60%. Key sectors include electronics, high-tech components, R&D, cosmetics, and pharmaceuticals.
Mr. Hieu noted that the ready-built factory model is attracting businesses thanks to its pre-arranged utilities and services.
"Ready-built factories come with full utilities and services that help clients save on operating costs, making them especially appealing to small and medium-sized manufacturing enterprises."
Using ready-built factories also allows companies to immediately access shared infrastructure and services-such as fire protection, clean water, security, sanitation, and waste treatment-rather than having to invest in all of this themselves when starting operations.
This trend extends beyond Long Hau, with a clear preference for ready-built factories emerging across new manufacturing capital flows. According to Savills, Vietnam recorded 468 new manufacturing FDI projects in the first half of the year. Of these, 266 projects, equivalent to 56.84%, opted for ready-built factories, with total capital of approximately USD 7.09 billion, accounting for 66.24% of total new manufacturing FDI capital. Meanwhile, 202 projects involved industrial land, with total capital of USD 3.62 billion.
Savills observes that investors are now considering not just land availability but increasingly, time-to-market. As a result, ready-built factories are being factored into decisions from the earliest stages of the investment process, particularly for electronics, components, and high-tech industries.
Mr. John Campbell, Head of Industrial Services at Savills Vietnam, noted that the speed of bringing a factory into operation is becoming a key competitive factor amid the ongoing restructuring of global supply chains.
Mr. Hieu noted that the ready-built factory model is attracting businesses thanks to its pre-arranged utilities and services.
"Ready-built factories come with full utilities and services that help clients save on operating costs, making them especially appealing to small and medium-sized manufacturing enterprises."
Using ready-built factories also allows companies to immediately access shared infrastructure and services-such as fire protection, clean water, security, sanitation, and waste treatment-rather than having to invest in all of this themselves when starting operations.
This trend extends beyond Long Hau, with a clear preference for ready-built factories emerging across new manufacturing capital flows. According to Savills, Vietnam recorded 468 new manufacturing FDI projects in the first half of the year. Of these, 266 projects, equivalent to 56.84%, opted for ready-built factories, with total capital of approximately USD 7.09 billion, accounting for 66.24% of total new manufacturing FDI capital. Meanwhile, 202 projects involved industrial land, with total capital of USD 3.62 billion.
Savills observes that investors are now considering not just land availability but increasingly, time-to-market. As a result, ready-built factories are being factored into decisions from the earliest stages of the investment process, particularly for electronics, components, and high-tech industries.
Mr. John Campbell, Head of Industrial Services at Savills Vietnam, noted that the speed of bringing a factory into operation is becoming a key competitive factor amid the ongoing restructuring of global supply chains.
"For many businesses, launching operations even a few months earlier can create a significant advantage in terms of cost, orders, and the ability to join supply chains."
In the South, ready-built factories accounted for around 63% of new manufacturing FDI projects in the first half of the year. Savills expects electronics, semiconductors, and high-tech manufacturing to continue driving this segment in the coming years.
Interior space of a ready-built factory - a model that helps businesses shorten preparation time before starting operations.
Demand growth comes as the southern industrial market continues to expand. According to Cushman & Wakefield, Q2 saw an additional 56,000 sqm of ready-built factory space, mainly in Tay Ninh. Total leasable area reached approximately 6.85 million sqm, up 0.8% quarter-on-quarter and 4.6% year-on-year. The occupancy rate reached approximately 92%.
Occupancy rates stood at 94.3% in Dong Nai, 93.7% in Tay Ninh, and 89.7% in Ho Chi Minh City. Compared to the same period last year, these figures rose by 4%, 10%, and 5% respectively.
Ms. Chuong Quoc Doan, Deputy Director of Industrial & Logistics Services at Cushman & Wakefield Vietnam, commented:
"The southern industrial market is entering a phase of growth-space restructuring, with each locality increasingly taking on a more distinct role within the supply chain."
According to Ms. Doan, Ho Chi Minh City holds a locational advantage and is shifting toward attracting higher value-added industries, while Dong Nai and Tay Ninh have greater land reserves for expanding production and welcoming new investment capital. Tay Ninh's advantage lies in land prices and availability, whereas Ho Chi Minh City and Dong Nai better suit businesses prioritizing location, market access, and established logistics networks.
Over the next 2-3 years, infrastructure projects such as Long Thanh Airport, Ring Road 3, and the Dong Nai - Ho Chi Minh City waterway corridor will further improve regional connectivity. Cushman & Wakefield forecasts that between 2026-2028, the South could add approximately 1.1 million sqm of ready-built factory space, with Ho Chi Minh City accounting for 65%, Tay Ninh 29%, and Dong Nai 6%.
Occupancy rates stood at 94.3% in Dong Nai, 93.7% in Tay Ninh, and 89.7% in Ho Chi Minh City. Compared to the same period last year, these figures rose by 4%, 10%, and 5% respectively.
Ms. Chuong Quoc Doan, Deputy Director of Industrial & Logistics Services at Cushman & Wakefield Vietnam, commented:
"The southern industrial market is entering a phase of growth-space restructuring, with each locality increasingly taking on a more distinct role within the supply chain."
According to Ms. Doan, Ho Chi Minh City holds a locational advantage and is shifting toward attracting higher value-added industries, while Dong Nai and Tay Ninh have greater land reserves for expanding production and welcoming new investment capital. Tay Ninh's advantage lies in land prices and availability, whereas Ho Chi Minh City and Dong Nai better suit businesses prioritizing location, market access, and established logistics networks.
Over the next 2-3 years, infrastructure projects such as Long Thanh Airport, Ring Road 3, and the Dong Nai - Ho Chi Minh City waterway corridor will further improve regional connectivity. Cushman & Wakefield forecasts that between 2026-2028, the South could add approximately 1.1 million sqm of ready-built factory space, with Ho Chi Minh City accounting for 65%, Tay Ninh 29%, and Dong Nai 6%.
Source: vtv.vn
17/09/2026
17/09/2026
