From July 1, 2025, Hung Yen province merged with Thai Binh province to form the new Hung Yen province. As a result, Hung Yen has become one of the localities with the largest industrial land reserves in the North: the West features industrial parks with high occupancy rates along National Highway 5 (former My Hao, Yen My, Van Lam), while the East includes industrial parks and coastal economic zones of the former Thai Binh.
The article summarizes typical industrial parks in Hung Yen in 2026, including area, location, investor, and notes for businesses looking for land to build factories.
1. Overview of the Hung Yen industrial park market 2026
- The former Hung Yen has 12 large industrial parks, concentrated along National Highway 5 and the Hanoi – Hai Phong expressway; the former Thai Binh has 11 industrial parks with a total area of approximately 2,700 ha.
- According to Cushman & Wakefield (Q2/2026), Hung Yen accounts for about 13% of the industrial land supply in the North, with an industrial park occupancy rate of over 70%; ready-built factories are over 95% occupied, and ready-built warehouses are about 92% occupied.
- In 2024, the former Hung Yen attracted a record investment capital of nearly 4 billion USD.
2. Typical industrial parks (former Hung Yen area)
| No. | Industrial Park | Area | Location (former administrative unit) | Developer |
|---|---|---|---|---|
| 1 | Pho Noi A Industrial Park | ~689 ha | My Hao, Yen My, Van Lam | Hoa Phat (Hoa Phat Hung Yen Industrial Park Infrastructure Development Co., Ltd.) |
| 2 | Thang Long II Industrial Park | ~526 ha | Yen My, My Hao | Thang Long II Industrial Park Co., Ltd. (Sumitomo) |
| 3 | Yen My II Industrial Park | ~313 ha | Yen My | Hoa Phat Urban Development and Construction JSC |
| 4 | Ly Thuong Kiet Industrial Park | ~300 ha | Yen My, Khoai Chau, An Thi | VIDIFI |
| 5 | Yen My Industrial Park | ~280 ha | Yen My (former Trung Hoa, Tan Lap communes) | Viglacera |
| 6 | Minh Duc Industrial Park, Tan Dan Industrial Park and others | — | My Hao, Khoai Chau, An Thi… | Multiple developers |
Area according to the developer's announced planning; some industrial parks are currently expanding. Data is for reference only; businesses should confirm with the Provincial Industrial Zones Management Board before making decisions.
3. Former Thai Binh area: new land bank for investors
Industrial parks in the former Thai Binh (now the eastern part of Hung Yen province) and the Thai Binh Economic Zone are new destinations for many energy, textile, and electronics projects. The advantages are the large available land bank, competitive rental prices, and connectivity to the sea; in return, the distance to Hanoi and Hai Phong port is further than the National Highway 5 area.
4. Why do FDI enterprises choose Hung Yen?
- Location: 25–50 km from the center of Hanoi, located on the Hanoi – Hai Phong axis (National Highway 5, Expressway 5B), convenient for accessing Lach Huyen port and Noi Bai airport.
- Ready-to-use infrastructure: Industrial parks along National Highway 5 have completed electricity, water, and wastewater treatment systems.
- Ready-built factories: Occupancy rates are very high, suitable for investors looking for quick operations; investors needing large scale usually lease land to build their own factories.
5. Frequently Asked Questions
How many industrial parks are there in Hung Yen?
The former Hung Yen had 12 large industrial parks; after merging with Thai Binh (11 industrial parks), the new Hung Yen province has over 20 industrial parks.
Which industrial park is the largest in Hung Yen?
In the former Hung Yen area, Pho Noi A Industrial Park (approx. 689 ha) and Thang Long II (approx. 526 ha) have the largest scale.
Lease land or lease a ready-built factory?
Ready-built factories in Hung Yen are almost fully occupied. Businesses needing large areas, crane load capacity, or specific requirements should lease land and build factories according to their own designs.
Factory construction in Hung Yen with Hai Long Construction
Hai Long Construction – a general contractor for construction and steel structures ranked in the Top 500 Vietnamese enterprises – has completed over 500 factory projects for FDI enterprises in the North. A dedicated steel structure factory in Hai Phong, located only about 1–1.5 hours of transport from Hung Yen industrial parks, helps ensure proactive scheduling and quality.
Contact for design – construction consultation: 0846 625 888 · info@hailongjsc.vn · Send quote request.
