THE SHIFTING WAVE & THE RISING HEAT OF CENTRAL VIETNAM’S INDUSTRIAL ZONES

As investment costs continue to soar in northern and southern Vietnam, Central Vietnam is emerging as a powerful new industrial hub. With abundant land, lease prices up to 75% lower than other regions, and a wide range of attractive long-term incentives, provinces from Thanh Hoa to Ninh Thuan are becoming top destinations for both local and international manufacturers.

A. WHY CENTRAL VIETNAM IS THE “PROMISED LAND” — WHERE HEAVEN’S TIMING, EARTH’S BENEFITS, AND HUMAN HARMONY ALIGN

• Ultra-low industrial land rental costs
• Long-term, industry-specific tax incentives
• Large, affordable, and stable labor pool
• Rapidly improving infrastructure: deep-sea ports, highways, airports
• Pro-investor local governments with streamlined procedures

B. HIGHLIGHTS & ADVANTAGES OF KEY PROVINCES

1. Thanh Hoa – The Industrial Backbone of North Central Vietnam

• 5th largest province in Vietnam, home to over 3.6 million people
• Nghi Son Economic Zone with deep-sea port, oil refinery, and LNG terminal
• Abundant returning labor force with industrial experience
• Attractive FDI incentives with up to 15 years of corporate tax exemption

2. Nghe An – Gateway to Laos & Northeastern Thailand

• Strategic location bordering Laos, with Nam Can international border gate
• Home to VSIP Nghe An and WHA Industrial Zones, built to Singaporean and Thai standards
• Skilled technical workforce from universities and colleges in Vinh City
• Industrial land lease rates as low as USD 50–70/m²/50 years

3. Ha Tinh – A Heavy Industry & Deep-Sea Port Powerhouse

• Home to Formosa Ha Tinh, one of Vietnam’s largest steel and port complexes
• Notable zones: Phu Vinh Industrial Park
• Clean land bank with fast land clearance support
• Focus sectors: metallurgy, renewable energy, logistics
• Land lease rates: USD 60–70/m²/50 years

4. Thua Thien Hue – Eco-Friendly, High-Tech Industry Destination

• Vision for eco-industrial parks and smart-city integration
• Key zones: Phu Bai, Gilimex, and Tu Ha Industrial Parks
• Excellent connectivity to Phu Bai Airport and Chan May Port
• Transparent investment policies with full-package investor support
• Land lease rates: USD 60–90/m²/50 years

5. Da Nang – Vietnam’s Most Livable City & Tech Hub

• Strengths: highly skilled workforce, advanced infrastructure
• Highlight projects: Da Nang Hi-Tech Park, Lien Chieu Industrial Zone
• Focus industries: clean tech, ICT, biotech
• Though land is limited, it’s ideal for high-tech SMEs
• Land lease rates: USD 60–105/m²/50 years

6. Quang Nam – Close to Deep-Sea Ports and Airports

• Zones: North Chu Lai, Tam Anh, near Ky Ha Port and Chu Lai Airport
• Targeted development: automotive, electronics, and logistics sectors
• Corporate income tax incentives up to 10–15 years
• Land lease rates: USD 60–90/m²/50 years

7. Quang Ngai – Pioneer in Oil & Petrochemical Industry

• Home to Dung Quat Refinery, foundation for heavy industry
• Large, expandable land area available
• Low-cost labor, easy to recruit
• Land lease rates: USD 45–60/m²/50 years

8. Ninh Thuan – Renewable Energy and Support Industries Hub

• Rapid growth in solar and wind power sectors
• Notable project: Du Long Industrial Park
• Ample land bank for clean and supporting industries
• Lowest coastal land lease rates in the region: USD 45–55/m²/50 years

C. CHOOSE WISELY – DISCOVER CENTRAL VIETNAM, THE HIDDEN UNICORN

If you’re looking for a strategic, cost-effective manufacturing base with long-term potential, affordable land, and an abundant labor force — Central Vietnam is your smart investment destination in this global shift of industrial supply chains.

Contact us at info@tttfic.com for full consultation on location selection, investment planning, and legal support.