BACH DANG II INDUSTRIAL PARK – QUANG NINH CITY, VIETNAM
420.93-Hectare Coastal Industrial Development | Port-Integrated Manufacturing | Chemicals, Energy & International Logistics
TTTFIC GROUP — INTERNATIONAL INDUSTRIAL INVESTMENT PROFILE 2026
An Emerging Industrial Gateway Connecting Northern Vietnam’s Manufacturing Economy with International Maritime Trade.
I. EXECUTIVE INVESTMENT OVERVIEW
Bach Dang II Industrial Park is a major new coastal industrial development covering approximately 420.93 hectares in Lien Hoa Ward, Quang Ninh City, Vietnam, formerly Quang Ninh Province.
Situated within the Quang Yen Coastal Economic Zone and the Southern Dam Nha Mac industrial development area, the project occupies a strategic position between Quang Ninh and Hai Phong, two of Northern Vietnam’s important manufacturing, port, and logistics centers.
Developed by Bach Dang II Industrial Park Joint Stock Company, the project officially broke ground on August 27, 2026, with announced investment capital of approximately VND 5 trillion.
Bach Dang II is being positioned as an industrial development integrated with coastal logistics and port-related economic activities, with particular relevance to chemicals, petrochemicals, liquid materials, energy, industrial processing, and international supply chains.
As a result, manufacturers considering a long-term production base in Northern Vietnam can evaluate industrial land during the early stages of infrastructure development.
Key Investment Highlights
Investment Criteria
Project Information
Industrial Park
Bach Dang II Industrial Park
Location
Lien Hoa Ward, Quang Ninh City, Vietnam
Former Administrative Location
Quang Yen, Quang Ninh Province
Economic Zone
Quang Yen Coastal Economic Zone
Developer
Bach Dang II Industrial Park Joint Stock Company
Planned Area
420.93 hectares
Industrial and Warehouse Land
Approximately 322.38 hectares, subject to planning verification
Announced Investment Capital
Approximately VND 5 trillion
Indicative Land Sublease Price
Around USD 150/sqm, subject to developer quotation
Groundbreaking
August 27, 2026
Development Horizon
2027–2031, subject to implementation updates
Advertised Project Term
Up to 70 years, subject to legal confirmation
Key Investment Themes
Port Logistics, Chemicals, Energy, Advanced Manufacturing
The project is under development. Planned infrastructure, land allocations, commercial terms, and handover schedules require project-specific confirmation.
Bach Dang II Industrial Park – Aerial Master Plan | Quang Ninh
II. PROJECT IDENTITY, DEVELOPER AND INVESTMENT FRAMEWORK
Bach Dang II Industrial Park is a separate industrial infrastructure project from the existing Bach Dang Industrial Park, commonly referred to as Bach Dang I.
The project is developed by Bach Dang II Industrial Park Joint Stock Company within the Quang Yen Coastal Economic Zone.
Its development represents an expansion of the Bach Dang industrial and port-oriented investment ecosystem.
Major Development Milestones
Investment and planning procedures progressed during 2026.
Environmental impact assessment appraisal approval was publicly announced in August 2026.
The official groundbreaking ceremony took place on August 27, 2026.
Industrial infrastructure development is planned to continue through subsequent implementation stages.
The project’s commercial information refers to a long-term investment horizon extending toward 2096.
The exact commencement date, legally authorized project duration, remaining sublease term, and rights available to secondary investors must be confirmed through the relevant investment, land, and sublease documents.
III. STRATEGIC LOCATION WITHIN NORTHERN VIETNAM
Bach Dang II Industrial Park is located in the Southern Dam Nha Mac industrial development area of Lien Hoa Ward.
The site is positioned along the Bach Dang River corridor, close to the administrative boundary and economic connections between Quang Ninh and Hai Phong.
The project is located near established industrial parks, including Bach Dang I, Song Khoai, Bac Tien Phong, and Nam Tien Phong.
This location creates opportunities for integration into a broader manufacturing and industrial services ecosystem.
Strategic Advantages
Access to Hai Phong: Proximity to one of Northern Vietnam’s principal seaport and manufacturing centers.
Access to Quang Ninh: Integration with the coastal economic zone, industrial developments, and regional transportation infrastructure.
Access to Northern Vietnam: Connections toward Hanoi, major manufacturing provinces, and domestic distribution markets.
Cross-Border Trade Potential: Regional highway connections toward the China–Vietnam border support evaluation of cross-border supply chains.
The site’s attractiveness should be assessed through actual cargo routing, transport costs, and the requirements of each investor.
IV. HIGHWAY, SEAPORT AND AIRPORT CONNECTIVITY
Bach Dang II benefits from its position near the Hai Phong–Ha Long expressway corridor and the wider northern expressway network.
The developer’s promotional information for the Bach Dang industrial park system provides the following indicative connectivity references.
Destination
Developer’s Indicative Reference
Dinh Vu Port Area
Approximately 2 km
Central Hai Phong
Approximately 13 km
Cat Bi International Airport
Approximately 12 km
Lach Huyen Deep-Water Port
Approximately 15 km
Hanoi
Approximately 120 km
Van Don International Airport
Approximately 90 km
Mong Cai International Border Gate
Approximately 185 km
These figures are promotional references for the broader Bach Dang industrial park system, not verified road distances from an individual Bach Dang II plot.
Investors should request route-specific measurements for their proposed land parcel and cargo destinations.
Maritime Logistics Advantage
The broader Bach Dang development concept includes general cargo and liquid cargo port facilities.
This is particularly relevant for investors whose production processes involve bulk materials, liquid feedstocks, industrial chemicals, fuels, or high-volume import and export operations.
However, the legal approval, construction status, cargo acceptance criteria, vessel capacity, and operating schedule of each port facility must be verified separately.
V. MASTER PLAN AND INDUSTRIAL LAND ALLOCATION
Bach Dang II Industrial Park covers approximately 420.93 hectares.
The project is planned to accommodate industrial production, warehousing, port-related activities, transportation infrastructure, green areas, and supporting technical facilities.
Indicative Land Use Structure
Land Use Category
Area
Industrial and Warehouse Development
Approximately 322.38 ha
Transportation and Parking
Approximately 45.68 ha
Green and Environmental Areas
Approximately 42.41 ha
Administration and Services
Approximately 8.42 ha
Technical Infrastructure
Approximately 4.79 ha
However, the supplied promotional documents contain inconsistencies between individual land-use categories and the overall planning total. Therefore, these figures should be treated as preliminary references rather than a certified final land-balance schedule.
The approved planning drawings and legal documentation will determine the definitive allocation and plot boundaries.
VI. INDUSTRIAL LAND AVAILABILITY AND DEVELOPMENT FLEXIBILITY
As a newly launched industrial park, Bach Dang II may present opportunities for manufacturers seeking industrial land for new production facilities.
Potential investment formats include standalone manufacturing factories, specialized processing facilities, logistics warehouses, industrial support operations, and larger integrated production developments.
The actual availability of land will depend on infrastructure development, land clearance, legal readiness, and the developer’s allocation schedule.
Long-Term Manufacturing Planning
Investors may evaluate the potential to develop production facilities in phases, allowing capital expenditure to align with market demand and operational requirements.
Industrial Plot Configuration
The suitability of individual plots will depend on their dimensions, road access, building regulations, utility capacity, and environmental compatibility.
Land Handover
No plot should be considered immediately ready for construction until the developer confirms its legal and physical handover conditions.
VII. PORT-INTEGRATED INDUSTRIAL DEVELOPMENT
One of Bach Dang II’s most important investment themes is its relationship with the Bach Dang River and Northern Vietnam’s maritime logistics network.
The industrial park is being developed within a coastal economic zone where manufacturing, warehousing, shipping, and port-related services can potentially reinforce one another.
For industries dependent on large-volume raw material imports or finished-product exports, access to port infrastructure can influence transportation costs, delivery schedules, and inventory management.
Potential Port-Related Industrial Applications
Chemical feedstock handling, liquid material logistics, industrial bulk cargo, general manufacturing exports, distribution facilities, and port-supporting services may benefit from the regional maritime environment.
The broader Bach Dang industrial ecosystem includes plans for general cargo and specialized liquid cargo facilities.
These facilities should be evaluated according to their actual operating status, approved cargo types, berth characteristics, environmental requirements, and contractual access conditions.
VIII. CHEMICAL, PETROCHEMICAL AND LIQUID MATERIAL INDUSTRIES
Bach Dang II is particularly relevant to investors evaluating certain chemical-related manufacturing and liquid material operations.
The developer’s promotional materials identify chemicals, petrochemicals, liquid raw materials, and related industrial activities as important investment themes.
The supplied industry list also references basic chemical production involving blending, refined petroleum products, synthetic materials, detergents, cosmetics, pharmaceuticals, and related manufacturing categories.
Potential Investment Applications
Chemical Blending and Formulation: Production activities involving approved blending and formulation processes.
Industrial Chemical Products: Manufacturing of permitted chemical inputs and industrial materials.
Petrochemical-Related Activities: Selected downstream processing, industrial products, and logistics applications.
Liquid Raw Material Logistics: Storage and handling operations compatible with approved port and industrial infrastructure.
Specialty Chemicals: Project-specific manufacturing requiring technical and environmental assessment.
Environmental and Regulatory Requirements
Not all chemical processes are automatically eligible for admission.
Manufacturing activities involving hazardous substances, large-scale chemical reactions, high emissions, toxic materials, or substantial wastewater loads require detailed review.
The investor must confirm that the proposed process is consistent with the industrial park’s approved industries, environmental documentation, infrastructure capacity, fire safety requirements, and applicable Vietnamese law.
IX. ENERGY, ADVANCED MATERIALS AND INDUSTRIAL TECHNOLOGY
Bach Dang II’s coastal industrial development strategy also provides a basis for evaluating energy-related and advanced manufacturing projects.
Potential investment themes include energy equipment, industrial electrical components, renewable energy supporting products, advanced materials, and selected energy-related processing activities.
The broader region’s manufacturing ecosystem may create opportunities for suppliers of industrial equipment, electrical systems, machinery, and technical components.
Projects involving fuel storage, power generation, specialized energy materials, or hazardous substances must be evaluated individually.
The industrial park’s advertised sector orientation does not constitute automatic authorization for every energy or petrochemical project.
Bach Dang II Industrial Park – Groundbreaking Ceremony 3D Visualization – Quang Ninh, Vietnam
X. GENERAL MANUFACTURING AND EXPORT-ORIENTED INDUSTRIES
In addition to specialized industries, the developer’s published investment orientation identifies a range of manufacturing activities.
Potential categories for assessment include:
Food and beverage processing.
Paper and packaging products.
Rubber and plastic manufacturing.
Electronics and precision engineering.
Mechanical equipment and industrial components.
Selected textile and garment manufacturing.
Pharmaceutical and healthcare-related manufacturing.
Industrial supporting industries.
Export-oriented production and assembly.
Each activity remains subject to approved planning, environmental compatibility, technical infrastructure, and regulatory requirements.
XI. ELECTRICITY SUPPLY AND INDUSTRIAL POWER INFRASTRUCTURE
The supplied project information identifies a planned 110 kV electrical infrastructure system, with a referenced transformer configuration of 2 × 63 MVA.
This should be understood as a planned infrastructure reference, not confirmation that the full electrical capacity is currently commissioned or available to individual tenants.
Manufacturers should assess power demand according to their machinery, production shifts, process heating, automation, and future expansion requirements.
Electricity Pricing
Industrial electricity charges will depend on the applicable Vietnamese electricity tariff, voltage level, time-of-use category, and contractual arrangements.
The project information does not establish a verified October 2026 electricity price schedule for individual tenants.
Investors should request current electricity tariffs and written confirmation of available connection capacity before preparing final operating budgets.
XII. INDUSTRIAL WATER SUPPLY AND WASTEWATER TREATMENT
The developer’s preliminary infrastructure information identifies:
Planned Industrial Water Supply — Phase 1: Approximately 10,000 m³/day.
Planned Centralized Wastewater Treatment — Phase 1: Approximately 2,000 m³/day.
Future capacity expansion is expected to follow the project’s development and investor demand.
These figures are planning references, not verified operating capacities.
Industrial Water Pricing
The current project-specific water tariff has not been confirmed in the supplied documents.
Wastewater Treatment Pricing
The applicable wastewater treatment charge is also subject to confirmation, taking into account wastewater quality, volume, pretreatment requirements, and the developer’s service agreement.
Manufacturers with high water consumption or complex wastewater characteristics should obtain technical acceptance before committing to an industrial land plot.
XIII. INDUSTRIAL LAND PRICING AND COMMERCIAL INVESTMENT FRAMEWORK
CURRENT INDICATIVE LAND SUBLEASE PRICE: USD 150/m²
As of October 2026, TTTFIC Group has received an updated commercial price indication of USD 150 /SQM for industrial land at Bach Dang II Industrial Park through direct communication with the industrial park management.
This updated price supersedes earlier publicly advertised figures.
The quoted amount represents an indicative industrial land sublease price. The final commercial offer will depend on the available plot, applicable land tenure, payment arrangements, infrastructure delivery conditions, and the developer’s official quotation.
Preliminary Industrial Land Investment Scenarios
Industrial Land Requirement
Indicative Land Value
10,000 m²
USD 1,500,000
20,000 m²
USD 3,000,000
30,000 m²
USD 4,500,000
50,000 m²
USD 7,500,000
100,000 m²
USD 15,000,000
These calculations are preliminary and do not confirm the availability of any particular plot size.
Industrial Park Operating Expenses
Industrial investors should also budget for infrastructure management, electricity, water supply, wastewater treatment, environmental compliance, and factory construction.
The official management fee, wastewater tariff, water tariff, and detailed payment schedule for Bach Dang II have not yet been released to TTTFIC Group.
Commercial information from other industrial parks in the Quang Yen coastal industrial corridor may be used for preliminary benchmarking, but such figures do not represent confirmed Bach Dang II charges.
Developer Coordination and Investment Support
TTTFIC Group can assist qualified investors with industrial land inquiries, preliminary commercial discussions, technical requirements, investment planning, and coordination with the industrial park developer.
Investors are encouraged to submit their required land area, proposed manufacturing activity, utility requirements, and expected investment timeline to receive a tailored consultation.
Request a Current Industrial Land Quotation
Contact TTTFIC Group for the latest Bach Dang II Industrial Park pricing, plot availability, infrastructure schedule, and project-specific commercial conditions.
XIV. INVESTMENT INCENTIVES WITHIN QUANG YEN COASTAL ECONOMIC ZONE
Bach Dang II’s location within the Quang Yen Coastal Economic Zone is an important consideration for international investors.
Vietnam’s investment framework provides certain tax and customs incentives for qualifying projects in designated economic zones and encouraged industries.
Potential incentives may include preferential corporate income tax treatment, qualifying tax exemptions and reductions, import duty exemptions for eligible assets, and other investment support measures.
Corporate Income Tax
The actual preferential rate, exemption period, reduction period, and starting point depend on the legislation applicable to the specific investment project.
Import Duties
Qualifying machinery, equipment, and other eligible imports may receive preferential treatment or exemptions subject to statutory conditions.
Land-Related Incentives
Potential land rental incentives depend on the applicable land regime, investment project, and relevant legal provisions.
Investor Qualification
Incentives are not automatically guaranteed solely because a project is located inside an economic zone.
TTTFIC Group recommends that investors obtain project-specific tax and legal confirmation before incorporating incentives into their financial forecasts.
XV. QUANG NINH’S INDUSTRIAL ECONOMY AND FDI ECOSYSTEM
Quang Ninh has emerged as an important manufacturing, logistics, and investment destination in Northern Vietnam. In particular, its coastal location provides access to major seaports, industrial corridors, and international trade routes.
Furthermore, the expansion of industrial parks across the Quang Yen economic corridor has strengthened the region’s manufacturing ecosystem. As a result, international investors can evaluate opportunities in industrial production, logistics services, and supporting industries.
In addition, the surrounding manufacturing centers may provide access to specialized suppliers, industrial service providers, and workforce resources. However, the suitability of each location depends on the investor’s specific production requirements, logistics needs, and infrastructure expectations.
Overall, Bach Dang II Industrial Park represents an emerging investment opportunity within this expanding industrial corridor.
A Growing Manufacturing and Foreign Investment Corridor
Bach Dang II Industrial Park is entering a regional industrial market that has already attracted significant manufacturing investment.
The wider Quang Yen coastal industrial corridor includes established and developing industrial parks such as Bac Tien Phong, Nam Tien Phong, Song Khoai, and Bach Dang I.
According to regional investment information published in October 2026, Bac Tien Phong Industrial Park had attracted 38 secondary investment projects with approximately USD 3.1 billion in registered capital, while Song Khoai Industrial Park had attracted 25 secondary projects.
These developments demonstrate the growing importance of the Quang Ninh–Hai Phong industrial corridor for international manufacturing and supply chain investment.
For companies considering Bach Dang II, the surrounding industrial ecosystem offers potential advantages in supplier development, logistics coordination, industrial services, and workforce recruitment.
A Coastal Economic Zone with Long-Term Industrial Potential
Quang Ninh’s continuing investment in industrial infrastructure, transportation connections, and economic zone development provides a foundation for new manufacturing opportunities.
Bach Dang II’s location near the Hai Phong seaport system may be particularly relevant to companies requiring efficient access to imported industrial materials and international export markets.
The project also offers potential for manufacturers to evaluate longer-term industrial development within a planned coastal industrial environment.
Investor Opportunity
For international manufacturers seeking industrial land in Northern Vietnam, Bach Dang II represents an emerging location worth evaluating alongside more established industrial parks.
Its competitiveness will depend on infrastructure delivery, industry compatibility, logistics access, investment incentives, and the developer’s final commercial conditions.
Foreign Direct Investment
International investment activity has helped expand the regional manufacturing ecosystem, supporting demand for industrial suppliers, skilled labor, and logistics services.
Coastal Economic Development
The Quang Yen area offers potential for integration between industrial production, port operations, and regional distribution networks.
For international manufacturers, these factors can support the evaluation of Quang Ninh as a long-term investment location.
XVI. WORKFORCE, POPULATION AND HUMAN CAPITAL
Labor availability is essential to industrial project feasibility.
Bach Dang II is positioned near the Quang Ninh–Hai Phong economic corridor, providing potential access to workforce markets across multiple urban and industrial districts.
The supplied project information references an eventual employment scale of approximately 18,000 workers.
This represents a projected development requirement, not the current number of employees working at Bach Dang II.
Workforce Categories
Manufacturers should assess the availability of general production workers, technicians, mechanical engineers, electrical engineers, chemical process specialists, logistics personnel, and industrial management staff.
Training and Recruitment
The wider northern economic region includes universities, vocational institutions, and technical training providers.
Labor Cost Planning
Total labor costs should account for wages, employer contributions, shift allowances, overtime, recruitment, training, transportation, and employee welfare.
Current salary benchmarks should be obtained through local recruitment surveys rather than historical provincial averages.
XVII. ENVIRONMENTAL MANAGEMENT AND SUSTAINABLE DEVELOPMENT
Bach Dang II is being developed with a stated orientation toward modern infrastructure, industrial efficiency, and environmental management.
The project includes planned green areas, environmental separation zones, technical infrastructure, and centralized wastewater treatment.
For chemical, energy, and liquid-material industries, environmental performance is especially important.
Investors should evaluate air emissions, wastewater composition, hazardous material storage, industrial waste management, emergency response, and fire safety systems.
The approval of the industrial park’s environmental impact assessment appraisal provides an important project-level regulatory milestone.
However, individual manufacturing projects may still require separate environmental procedures and approvals.
The project should not be represented as fully operational or independently certified to international environmental standards without supporting evidence.
XVIII. DEVELOPMENT SCHEDULE, INVESTMENT RISKS AND CONTROLS
Bach Dang II officially commenced construction in August 2026.
The project remains in an early development stage, and investors should distinguish between approved plans, infrastructure under construction, and facilities available for actual use.
Key Due Diligence Areas
Investment Issue
Required Verification
Industrial Land
Legal status and actual plot availability
Land Clearance
Completion and handover readiness
Infrastructure
Construction and commissioning schedule
Electricity
Available capacity and connection conditions
Water Supply
Operational capacity and tariff
Wastewater
Treatment capacity and accepted wastewater characteristics
Port Access
Approval, operating status and cargo restrictions
Environmental Compliance
Compatibility with approved industrial activities
Tax Incentives
Project-specific eligibility
Sublease Term
Remaining legally authorized duration
Payment Structure
Milestones, conditions and contractual protections
Factory Construction
Permits, design requirements and construction schedule
Early-stage industrial investment can offer planning flexibility, but it requires disciplined technical, legal, and financial due diligence.
XIX. STRATEGIC INVESTMENT OUTLOOK
Bach Dang II Industrial Park offers an opportunity to evaluate a new coastal manufacturing location within Northern Vietnam’s expanding industrial economy.
Its principal investment strengths include a substantial planned land area, proximity to Hai Phong’s maritime logistics network, a coastal economic zone location, and a development orientation toward port-related manufacturing and industrial services.
The project may be especially relevant to companies evaluating chemical blending, liquid material logistics, selected petrochemical-related activities, energy equipment, advanced materials, and export-oriented manufacturing.
The long-term competitiveness of Bach Dang II will depend on the successful delivery of infrastructure, port-related facilities, industrial utilities, environmental compliance systems, and investor support services.
For investors seeking a strategic industrial location rather than simply the lowest land price, Bach Dang II deserves consideration as part of a broader Northern Vietnam industrial site selection study.
XX. TTTFIC GROUP — CONFIDENTIAL INDUSTRIAL INVESTMENT ADVISORY
TTTFIC Group provides industrial real estate and FDI advisory services for international manufacturers evaluating industrial land and production opportunities throughout Vietnam.
For Bach Dang II Industrial Park, TTTFIC Group can assist qualified investors with:
Industrial land availability and plot selection.
Direct coordination of commercial inquiries.
Project-specific industrial and environmental suitability assessment.
Infrastructure and logistics evaluation.
Investment licensing and regulatory coordination.
Industrial land sublease negotiation support.
Factory design, construction, and implementation planning.
Professional industrial site visits.
REQUEST AN INDUSTRIAL LAND INVESTMENT CONSULTATION
Contact TTTFIC Group to request current land availability, developer commercial terms, industrial compatibility screening, and a confidential site selection consultation.
TTTFIC Group — Connecting Global Investors with Vietnam’s Industrial Opportunities.
Information compiled in October 2026 from developer-related promotional materials and publicly available project announcements. Planning data, prices, incentives, infrastructure status, and timelines are subject to confirmation.
