Tiếng Việt
Vietnam’s industrial real estate market is on an extraordinary growth trajectory. Fueled by resilient FDI inflows, supply chain shifts under the ‘China+1’ strategy, and supportive policy reforms, the country has positioned itself as a manufacturing and logistics hub in Asia. Behind this transformation are industrial developers who have played a pivotal role in shaping the landscape—bringing world-class infrastructure, green-certified logistics parks, and ready-built facilities for modern manufacturing and e-commerce.
Below are the top 10 industrial property developers driving Vietnam’s logistics evolution:
1. BW Industrial Development JSC
Overview: A joint venture between Warburg Pincus and Becamex IDC, BW Industrial is Vietnam’s largest for-rent industrial developer.
Assets: 9.0 million m² GFA pipeline across 30+ projects.
Highlight: BW focuses on ready-built factories and logistics hubs strategically located near HCMC, Hanoi, and key seaports. Their developments meet international standards and cater to global tenants like Shopee, BEST Inc., and J&T Express.
2. VSIP (Vietnam-Singapore Industrial Park)
Overview: A flagship partnership between Sembcorp Development (Singapore) and Becamex IDC.
Assets: 13 integrated industrial parks in 9 provinces, with over 10,000 ha under development.
Highlight: VSIP’s mixed-use, eco-industrial township model has become a benchmark for sustainable industrialization in Vietnam.
3. Frasers Property Vietnam
Overview: A subsidiary of Frasers Property Group (Singapore), known for high-tech and eco-conscious developments.
Assets: 11+ logistics and industrial properties across Long An, Binh Duong, and Bac Ninh.
Highlight: Frasers emphasizes sustainable building design and energy efficiency, with LEED-certified warehouses tailored for high-tech tenants.
4. WHA Industrial Development
Overview: A Thailand-based group expanding aggressively in northern and central Vietnam.
Assets: WHA Industrial Zone 1 – Nghe An (3,200+ ha master plan).
Highlight: WHA is positioning its zones as smart eco-industrial parks, combining digital infrastructure with green energy capabilities.
5. KCN Vietnam
Overview: Backed by private equity, KCN Vietnam is focused on developing modern, sustainable industrial real estate.
Assets: Over 250 ha of land bank across major logistics corridors.
Highlight: KCN is investing in solar-ready rooftops, high-spec fire systems, and flexible warehouses designed for e-commerce and tech tenants.
6. DEEP C Industrial Zones
Overview: Belgian-led developer operating in Hai Phong and Quang Ninh.
Assets: Over 3,400 ha in Vietnam’s northern economic zone.
Highlight: DEEP C integrates logistics, utilities, and green energy infrastructure—including wind power and wastewater reuse—into its parks.
7. LOGOS Vietnam (ESR Group)
Overview: Part of ESR, Asia-Pacific’s largest logistics real estate platform.
Assets: Joint ventures in VSIP Bac Ninh, Dong Nai, and near HCMC.
Highlight: LOGOS provides scalable build-to-suit and ready-built logistics facilities, attracting tenants in FMCG, cold chain, and e-commerce.
8. Mapletree Logistics
Overview: Singapore-headquartered REIT with a growing Vietnam portfolio.
Assets: Modern logistics parks in Bac Ninh, Binh Duong, and Long An.
Highlight: Their facilities offer high-clearance designs and are strategically located to enable last-mile delivery networks.
9. Mitsubishi Estate (Logicross Vietnam)
Overview: Mitsubishi’s first venture into Vietnam logistics under the Logicross brand.
Assets: Logicross Nam Thuan – 11.5 ha modern logistics hub in Long An.
Highlight: The project is designed with cross-docking zones, 64 dock levelers, and sustainability features. LEED certification is underway.
10. Amata City Long Thanh
Overview: Thai-Vietnamese JV with large-scale smart city and industrial estate ambitions.
Assets: 1,270 ha industrial zone + 753 ha urban area in Dong Nai.
Highlight: Amata Long Thanh is positioned to be a next-generation smart city-industrial hybrid development, connected to Long Thanh International Airport.
Conclusion
These top developers are redefining Vietnam’s industrial property sector by offering global-standard logistics hubs, sustainable infrastructure, and data-driven supply chain solutions. As 2024 sees surging demand for smart warehouses, AI-ready industrial zones, and green-certified facilities, these developers are leading the way forward.
Vietnam’s rise as a logistics and manufacturing powerhouse is just beginning—and these players are at the heart of that transformation.