The number of industrial parks (IPs) in Vietnam is continuously growing. Among them, Central Vietnam stands out as a significant region, attracting substantial domestic and international investment, comparable to the northern and southern regions. Let KTG Industrial provide you with valuable insights into each IP in this article.
Advantages of Industrial Parks in Central Vietnam
Central Vietnam encompasses 14 provinces and cities, with Quang Nam and Da Nang leading in the number of industrial parks. Specifically, Quang Nam boasts 18 industrial parks, including 10 operational parks and 4 under development. Da Nang has 6 industrial parks, covering a total land area of nearly 1,163 hectares.
Although growth in the Central region has been slower than in the North and South, it has become a major magnet for investment due to its prime location. Central Vietnam features several large seaports, facilitating efficient sea freight transportation. Additionally, the region offers a plentiful labor supply.
Moreover, Central Vietnam is rich in natural resources, providing lucrative opportunities for those who can leverage them effectively. Notably, land lease costs in the Central region are significantly lower—about 30% of the cost in the North and 25% of the cost in the South—making it an attractive option for small and medium-sized enterprises (SMEs) seeking to expand their distribution markets.
Development of Industrial Parks in Central Vietnam
As of 2023, the number of industrial parks in Central Vietnam continues to rise, reaching 260 parks with a combined area of 62,800 hectares. This has driven exceptional growth in investment capital, averaging USD 28.25 million per project.
Looking forward to 2030, Da Nang alone plans to develop four key industrial clusters, with a projected total investment of VND 10 trillion. These developments will not only create millions of jobs for local residents but also drive rapid economic growth in the region, positioning Central Vietnam alongside the North and South as a competitive industrial hub.
The number of industrial parks in Central Vietnam continues to grow.
Top 10 Industrial Parks in Central Vietnam
Below are some of the largest industrial parks in Central Vietnam:
Tam Hiep Industrial Park
Located in Tam Hiep Commune (approximately 30 km from the city center), Tam Hiep Industrial Park attracts significant attention from businesses due to its prime location, which offers convenient access to both the city center and neighboring provinces. As of 2023, the park hosts 12 investment projects with a total capital exceeding VND 1,000 billion. It also provides employment opportunities for more than 2,000 workers.
Nhon Hoa Industrial Park
With an area of 300 hectares, Nhon Hoa Industrial Park offers favorable conditions for businesses to establish production facilities, factories, and warehouses. Strategically located in Nhon Hoa Commune, it lies about 28 km west of Quy Nhon City in Binh Dinh Province, allowing workers to commute easily on a daily basis. Currently, more than 70% of the land designated for factory construction has been developed, accommodating various industries such as electronic equipment manufacturing, animal feed processing, and wood processing.
Nhon Hoa Industrial Park provides favorable conditions for smooth operations of manufacturing and production enterprises.
Phu Tai Industrial Park
Located just 20 km from Quy Nhon City center, Phu Tai Industrial Park enables businesses to transport goods to consumers with ease. Positioned on a major North-South axis, it also facilitates shipping to other provinces and cities without significant difficulty. As of September 2023, the park successfully hosted over 30 investment projects, with a total capital exceeding USD 1.3 billion. Spanning a large area of nearly 600 hectares, the park still has ample vacant land, offering investors the chance to secure favorable leasing terms and capitalize on high profit potential.
Dien Nam – Dien Ngoc Industrial Park
Dien Nam – Dien Ngoc is one of the largest industrial parks in Central Vietnam, covering approximately 1,000 hectares in Dien Ban District. Its expansive size ensures opportunities for new businesses to invest in land or establish factories and warehouses at economical rates. Conveniently located, it is about 30 km from Da Nang City center, making transportation straightforward.
By late 2023, the park had attracted 100 projects with combined domestic and international investment reaching USD 10 billion. It has provided stable employment for 30,000 workers, significantly alleviating the social welfare burden for the province.
Dien Nam – Dien Ngoc Industrial Park is strategically located to facilitate the efficient transportation of goods.
Tam Thang Industrial Park
Over two decades of development have established Tam Thang Industrial Park in Tam Thang Commune, Tam Ky City, as an integral contributor to the economic growth of Quang Nam Province. The park currently hosts over 24 investment projects, with a total capital of USD 545 million. Its success can be attributed to its strategic location along key transportation routes, including the North-South Railway, Provincial Road DT 615, and National Highway 1A.
In addition, the numerous enterprises within Tam Thang Industrial Park provide stable and comfortable livelihoods for more than 13,000 workers.
Becamex Binh Dinh Industrial Park
Similar to Dien Nam – Dien Ngoc, Becamex is one of the largest industrial parks in Central Vietnam, covering an area of approximately 1,000 hectares. Located in Area 7 of Nhon Hoi Economic Zone, Cam Vinh Commune, Van Canh District, Binh Dinh Province, it is easily accessible. Currently, the park accommodates only 10 investors in industries such as chemicals, construction materials, fuels, and machinery. This means there is ample opportunity for businesses to invest and achieve stable returns.
Choosing Becamex Industrial Park ensures convenient access to Quy Nhon International Airport or Phu Cat Airport. Additionally, the park’s position along the North-South axis, with proximity to National Highway 19C and Provincial Road DT638, facilitates efficient goods transportation.
Becamex Binh Dinh Industrial Park is meticulously and professionally planned.
Lao Bao Special Economic and Trade Zone
Impressing investors with its massive size of approximately 15,804 hectares, the Lao Bao Industrial Park has attracted more than VND 2,500 billion in investments. Notably, the Lao Bao Urban Trade and Services Zone alone accounts for nearly VND 1,000 billion. Strategically located along the East-West Economic Corridor, it is near the Lao Bao International Border Gate and the Densavanh Border Gate, making it an ideal hub for goods transportation.
The park offers attractive tax incentives, including reductions or exemptions for personal income tax, consumption tax, and export tax, providing peace of mind for investors concerned about high tax rates.
Bac Chu Lai Industrial Park
Situated in Tam Hiep Commune, Nui Thanh District, Quang Nam Province, Bac Chu Lai Industrial Park spans approximately 500 hectares and hosts 31 domestic and international investment projects with a total capital of over VND 30,903 billion. Currently, the park’s occupancy rate is around 60%, presenting significant opportunities for investors and businesses looking to expand their production scale in Central Vietnam.
Bac Chu Lai’s success is attributed not only to its prime location along major transportation routes such as Provincial Road DT 615, National Highway 1A, and the North-South Railway but also to its attractive tax incentives and high-quality infrastructure.
Bac Chu Lai Industrial Park is an ideal choice for businesses looking to expand and thrive in Central Vietnam.
Bac Dong Hoi Industrial Park
Bac Dong Hoi is a major industrial park in Quang Binh, covering an area of approximately 400 hectares and hosting more than 19 active investment projects. In addition to boosting the province’s economy, businesses in Bac Dong Hoi provide stable monthly incomes for over 3,000 workers. The park is designed with high-quality infrastructure, similar to Tam Thang and Bac Chu Lai Industrial Parks, making it an excellent long-term investment choice for small and medium-sized enterprises.
VSIP Quang Ngai Industrial Park
Designed and constructed by a Singapore-based consultancy, VSIP Quang Ngai Industrial Park offers top-tier infrastructure, meeting the high standards that most business owners appreciate. The park is strategically located in Truong Quang Trong Ward, close to National Highways 1A and 24B, facilitating easy access for raw material imports and the transportation of goods to distributors or consumers by road. Covering 1,700 hectares, the park’s urban services area accounts for 554 hectares (approximately 31%), with a 100% occupancy rate as of the latest data.
All available spaces at VSIP Quang Ngai Industrial Park have been fully occupied.
The large industrial parks in Central Vietnam not only play a vital role in driving regional economic development but also contribute to Vietnam’s deeper integration into the global value chain. With advantages in geographical location, competitive costs, and attractive investment policies, these industrial parks have become ideal destinations for both domestic and international businesses. Looking ahead, the sustainable growth of these industrial parks in Central Vietnam is expected to create more job opportunities, improve the living standards of the local population, and enhance the region’s economic standing.
Reference:
- Information portal to support businesses in Quang Nam province. 2021. List of industrial parks in Quang Nam province. https://htdn.quangnam.gov.vn/Default.aspx?tabid=78&Group=54&NID=680&danh-sach-cac-khu-cong-nghiep-tren-dia-ban-tinh-quang-nam (access 05 01 2025)
- Da Nang City Electronic Information Portal. 2025. Overview of Da Nang High-Tech Park and Industrial Parks. https://danang.gov.vn/doanh-nghiep/chi-tiet?id=39853&_c=149,150,151,152,153,154 (đã truy cập 05 01 2025)
- Ministry of Planning & Investment. 2025. Situation of FDI attraction in the Central provinces. https://fia.mpi.gov.vn/Detail/CatID/218909c4-3746-49a2-919d-075f7d924fe1/NewsID/4e6eaa69-70e7-4769-ba37-f63ce1cfefbe/MenuID/99efac55-a45e-4f8d-bc46-1c0ff8c9ff36 (access 05 01 2025)
