Industrial Center Yen Phong 2C ranked among top 10 potential industrial park real estate projects in 2024

By Binh An
Tue, March 19, 2024 | 10:59 am GMT+7

Industrial Centre Yen Phong 2C has been ranked among the top 10 potential industrial park real estate projects in 2024.

The ranking was announced at a ceremony to honor leading real estate brands in 2023-2024 last Friday in Hanoi.

The high-end industrial real estate project has been jointly developed by GELEX Group and Frasers Property Vietnam, and is located in Yen Phong II-C Industrial Park, Dong Tien commune, Yen Phong district, the northern province of Bac Ninh.

The project includes ready-built factories and integrated warehouses. The factories entails display areas, office space and production areas. Each ready-built factory covers 1,500-2,500 square meters, while high-end ready-built factories cover 2,700-3,200 m2 and an integrated ready-built warehouse has 6,000 m2. In addition, 7,000 m2 of the project has been allocated for relaxation and entertainment.

  Panoramic perspective of Industrial Centre YP2C project. Photo courtesy of GELEX Group.

Panoramic perspective of Industrial Centre YP2C project. Photo courtesy of GELEX Group.

The project has LEED (Leadership in Energy and Environmental Design) certification for applying sustainable building criteria and technology to increase work efficiency and tenant well being. This includes the application of environmentally friendly construction materials and natural daylight optimization, contributing to efficient energy use, increased usage time, and reduced impact on the surrounding environment.

The Industrial Centre YP2C project is expected to be completed in the second quarter of 2024, providing high-end ready-built factories and integrated ready-warehouses with flexible designs, ready to meet the unique needs of each customer.

The project is the start of cooperation between GELEX Group and Frasers Property Vietnam, a part of a multinational owner-operator-developer of real estate products and services Frasers Property Group headquartered in Singapore. It is expected to raise industrial parks in the key economic region of northern Vietnam to new heights.

The Industrial Centre Yen Phong 2C expected to be completed in the second quarter of 2024. Photo courtesy of GELEX Group.

The Industrial Centre Yen Phong 2C expected to be completed in the second quarter of 2024. Photo courtesy of GELEX Group.

Industrial Centre YP2C was named one of the Top 10 most potential industrial park real estate projects in 2024 after passing the organizing committee's strict voting criteria for being a reputable investor with a responsible management board.

The project has been methodically invested in and smartly planned with a convenient location for easy connection to economic trade centers, wharves and yards, green, clean, beautiful and synchronous infrastructure, and full amenities, as well as reasonable and stable rental costs.

The project is a harmonious combination of green- and customer-oriented design, operation, and management elements to create a healthy, sustainable, and high-performance working environment. The enthusiasm of GELEX Group and Frasers Property Vietnam at Industrial Centre YP2C has contributed to creating a new supply of future green buildings, meeting the modern needs of businesses and tenants for a sustainable working environment.

Comments ( 0)
  • Read More
Masan Consumer showcases Vietnamese brands at THAIFEX 2026

Masan Consumer showcases Vietnamese brands at THAIFEX 2026

Masan Consumer took part in THAIFEX – Anuga Asia 2026, one of Asia's largest food and beverage trade exhibitions, as the Vietnamese consumer goods company seeks to expand its international footprint and promote Vietnamese cuisine to global consumers.

Companies - Tue, June 2, 2026 | 5:12 pm GMT+7

Phu My Hung expands northern Vietnam footprint with eco-urban project near Hanoi

Phu My Hung expands northern Vietnam footprint with eco-urban project near Hanoi

Taiwan-backed Phu My Hung is moving ahead with a large eco-urban project in Vietnam’s northern province of Phu Tho as the developer accelerates its expansion beyond Ho Chi Minh City.

Real Estate - Tue, June 2, 2026 | 4:19 pm GMT+7

HSBC provides sustainability-linked trade facilities to Vietnam's leading modern grocery chain Bach Hoa Xanh

HSBC provides sustainability-linked trade facilities to Vietnam's leading modern grocery chain Bach Hoa Xanh

HSBC Vietnam has provided short-term sustainability-linked trade facilities to Bach Hoa Xanh Trading JSC, one of Vietnam’s leading modern grocery chains owned by Mobile World Investment Corporation (HoSE: MWG).

Banking - Tue, June 2, 2026 | 3:09 pm GMT+7

Leading Vietnamese insurer Bao Minh targets $76 mln capital base by 2029

Leading Vietnamese insurer Bao Minh targets $76 mln capital base by 2029

Bao Minh Insurance Corporation (BMI) plans to raise its charter capital to VND2 trillion ($75.96 million) by 2029 and maintain a minimum 15% dividend payout, executives said at the insurer's annual shareholder meeting in Ho Chi Minh City on Monday.

Finance - Tue, June 2, 2026 | 1:57 pm GMT+7

Vietnam's central bank to publish FX purchase, reserve data from 2027

Vietnam's central bank to publish FX purchase, reserve data from 2027

The State Bank of Vietnam (SBV) has committed to publishing data on its foreign currency purchases and foreign exchange reserves starting in 2027, according to a joint statement issued by the Vietnamese central bank and the U.S. Treasury Department.

Banking - Tue, June 2, 2026 | 12:08 pm GMT+7

Antesco raises foreign ownership cap to 49% to attract international capital

Antesco raises foreign ownership cap to 49% to attract international capital

Following its listing on the Ho Chi Minh Stock Exchange (HoSE), food processor An Giang Fruit-Vegetables & Foodstuff JSC (Antesco) is stepping up efforts to attract international investors through ESG initiatives and a higher foreign ownership limit.

Companies - Tue, June 2, 2026 | 11:11 am GMT+7

State-controlled Hai Phong Port eyes record profit as major port expansion restores market leadership

State-controlled Hai Phong Port eyes record profit as major port expansion restores market leadership

State-controlled Port of Hai Phong JSC (UPCoM: PHP) is targeting record earnings in 2026 after new deep-water terminals at Lach Huyen helped the company regain its leading position in the northern city of Hai Phong.

Companies - Tue, June 2, 2026 | 8:30 am GMT+7

Vietnam Education Publishing House promotes Vietnamese knowledge, culture abroad

Vietnam Education Publishing House promotes Vietnamese knowledge, culture abroad

Vietnam Education Publishing House has launched a “Vietnamese Bookshelf” at the Russia-Vietnam Cultural Center in St. Petersburg, marking a key event during “Vietnam Week” in the Russian city.

Companies - Tue, June 2, 2026 | 7:30 am GMT+7

Vietnam Manufacturing Purchasing Managers' Index hits record high since Feb

Vietnam Manufacturing Purchasing Managers' Index hits record high since Feb

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to 52.8 in May, up from 50.5 in April and reaching its highest since February, just before the outbreak of war in the Middle East.

Economy - Mon, June 1, 2026 | 8:19 pm GMT+7

Brewing Tomorrow: How Carlsberg Vietnam turns sustainability into everyday action at World Environment Day 2026

Brewing Tomorrow: How Carlsberg Vietnam turns sustainability into everyday action at World Environment Day 2026

More than 150 volunteers from Carlsberg Vietnam, including senior leaders, employees, family members, local residents, and representatives from the Embassy of Denmark in Vietnam, joined a beach clean-up activity in Danang as part of the company’s World Environment Day 2026 program, reaffirming its long-term commitment to sustainability and environmental action in Vietnam.

Companies - Mon, June 1, 2026 | 7:20 pm GMT+7

Automakers in Vietnam back E10 gasoline rollout as biofuel goes nationwide

Automakers in Vietnam back E10 gasoline rollout as biofuel goes nationwide

Major Japanese automakers and motorcycle manufacturers in Vietnam have confirmed that most of their vehicles are compatible with E10 biofuel gasoline, as the country has begun nationwide sale of the fuel in a push to reduce emissions and cut reliance on conventional fossil fuels.

Economy - Mon, June 1, 2026 | 4:44 pm GMT+7

VinFast partners with Nvidia, Autobrains to develop level-4 robotaxi system for Southeast Asia

VinFast partners with Nvidia, Autobrains to develop level-4 robotaxi system for Southeast Asia

VinFast, the EV arm of Vietnamese conglomerate Vingroup (HoSE: VIC), and AI mobility company Autobrains has announced a strategic collaboration for a next-generation level 4 program for Southeast Asia built on NVIDIA DRIVE Hyperion.

Companies - Mon, June 1, 2026 | 3:56 pm GMT+7

Samsung Thai Nguyen, TTC solar plant become first participants in Vietnam's direct power purchase mechanism

Samsung Thai Nguyen, TTC solar plant become first participants in Vietnam's direct power purchase mechanism

Samsung Electronics Vietnam Thai Nguyen (SEVT) and TTC Duc Hue 2 Solar Power Plant have become the first entities to operate under Vietnam's direct power purchase agreement (DPPA) mechanism through the national grid from June 1.

Companies - Mon, June 1, 2026 | 3:40 pm GMT+7

Aboitiz Foods, Grab seek to expand investments in green agriculture, digital economy in Vietnam

Aboitiz Foods, Grab seek to expand investments in green agriculture, digital economy in Vietnam

Philippine food and agribusiness group Aboitiz Foods and Southeast Asian technology company Grab are seeking to expand their investments and partnerships in Vietnam in areas including energy, agriculture-food, digital transformation, smart cities, and green transportation.

Economy - Mon, June 1, 2026 | 12:23 pm GMT+7

HCMC metro stations await commercial ecosystem despite growing ridership

HCMC metro stations await commercial ecosystem despite growing ridership

More than a year after the launch of its first metro line, Ho Chi Minh City is still working to develop the commercial economic ecosystem that has underpinned the success of urban rail networks in cities like Tokyo and Hong Kong.

Economy - Mon, June 1, 2026 | 12:12 pm GMT+7

Dai Quang Minh proposes $266 mln shipping channel project in central Vietnam hub Danang

Dai Quang Minh proposes $266 mln shipping channel project in central Vietnam hub Danang

Authorities in the central Vietnam city of Danang have granted in-principle approval for the nearly VND7 trillion ($266 million) Cua Lo shipping channel project, under a build-transfer (BT) model.

Infrastructure - Mon, June 1, 2026 | 8:23 am GMT+7