Decree 35 on eco industrial parks, together with ESG standards, is reshaping Vietnam’s industrial real estate market.
From green infrastructure to sustainable governance, many enterprises have proactively transformed to stay ahead of this trend.
The following article by KTG Industrial highlights representative developers that meet environmental requirements, operate efficiently, and align with global supply chains.
Top 10 representative green industrial real estate developers in 2025
Amata Bien Hoa Urban Joint Stock Company
Regarded as a pioneer in sustainable industrial park development, Amata Bien Hoa is among the early adopters of the circular economy model and a participant in the pilot eco-industrial park program supported by UNIDO.
Amata’s projects emphasize resource reuse, energy optimization, and emission reduction, thereby laying the foundation for a green industrial ecosystem in Vietnam.

Amata Bien Hoa pioneers the circular economy, laying the groundwork for green industrial parks
Dinh Vu Industrial Park Joint Stock Company (Hai Phong)
DEEP C is one of the few industrial park developers in Vietnam that regularly publishes ESG reports accompanied by clear greenhouse gas inventories.
A notable initiative is the Carbon Budget approach, under which emission management is translated into specific carbon limits allocated to each department, combined with strict and transparent reporting requirements.
At the same time, the application of nature-based infrastructure such as wetland systems has demonstrated practical effectiveness, helping DEEP C Hai Phong 2 avoid flooding during Super Typhoon Yagi in September 2024 and protect tenants’ assets.
Frasers Property Vietnam
Frasers Property Vietnam has clearly positioned its green industrial real estate development strategy through the adoption of international certifications such as LEED and EDGE for its ready built factory system.
This approach enhances energy efficiency, reduces operating costs, and meets increasingly stringent ESG requirements from FDI enterprises, particularly in manufacturing and logistics.

Frasers Property Vietnam pursues LEED and EDGE certified green industrial real estate
KN Holdings Group
KN Holdings is considered a representative of the new generation of industrial parks, with a development orientation toward high-tech projects aligned with the Net Zero 2050 target.
The company focuses on integrating smart infrastructure, clean energy solutions, and emission management from the planning stage, gradually shaping an industrial park model aligned with green growth and long-term sustainability trends.
Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP)
VSIP is a joint venture between Vietnam and Singapore, developed under a model of modern, large scale, and sustainable industrial parks.
Thanks to comprehensive master planning, synchronized technical infrastructure, and stringent environmental standards, VSIP industrial parks have become the preferred choice of many multinational corporations pursuing long-term ESG strategies.

KTG Industrial VSIP Bac Ninh II project achieves LEED Gold certification
Vietnam Industrial Park Company
Vietnam Industrial Park Company focuses on developing green factory solutions, with priority given to optimizing construction materials, energy efficiency, and long-term operational performance.
This approach helps tenants reduce energy costs, improve the working environment, and gradually meet sustainable development criteria within the global supply chain.
Binh Duong Minerals and Construction Joint Stock Company (KSB)
KSB is a representative example of the transition from mineral extraction to the development of industrial park infrastructure with a sustainability orientation.
The company’s new projects emphasize environmental considerations, efficient resource use, and the gradual integration of green criteria into planning, in line with the eco-industrial park trend.
Thanh Thanh Cong Industrial Park Joint Stock Company
With advantages in connectivity infrastructure, Thanh Thanh Cong develops industrial parks with a focus on greening and resource optimization.
Transport, logistics, and utility systems are invested in a synchronized manner, helping enterprises shorten supply chains and reduce long-term operating costs.

Thanh Thanh Cong invests in green infrastructure, optimizing operations
ROX IPARK Vietnam Investment and Development Joint Stock Company
Pursuing the smart industrial park model, ROX IPARK focuses on applying digital transformation to energy management, operations, and cost control.
As a result, resource use is optimized while transparency and the ability to meet ESG criteria are significantly enhanced.
Thanh Binh Phu My Joint Stock Company
Thanh Binh Phu My has chosen to develop specialized industrial parks, with the goal of becoming a representative eco-industrial park model in Vietnam.
Alongside infrastructure investment, the company emphasizes environmental management and value chain connectivity, gradually building a sustainable and environmentally friendly production base.
Conclusion
Vietnam’s industrial real estate sector is entering a new growth cycle, where business efficiency goes hand in hand with social and environmental responsibility.
Beyond infrastructure development, many pioneering enterprises are focusing on building sustainable and transparent industrial park models that meet ESG standards.
Through the eco-industrial park orientation and the Net Zero objective, Vietnam is gradually strengthening its position on the global sustainable investment map, thereby attracting long-term capital flows from international investors.
Reference
Le Toan, & Hoai Suong. (2025). Vinh danh nha phat trien bat dong san cong nghiep co chien luoc chuyen doi xanh tieu bieu 2025. Bao Dau tu. https://baodautu.vn/vinh-danh-nha-phat-trien-bat-dong-san-cong-nghiep-co-chien-luoc-chuyen-doi-xanh-tieu-bieu-2025-d425372.html