Industrial Center Yen Phong 2C ranked among top 10 potential industrial park real estate projects in 2024
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.
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.
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.
- Read More
Petrovietnam affirms plan to build eco-energy and industrial center in southern Vietnam
Petrovietnam plans to develop an eco-energy and industrial center project in Can Tho city, the "heart" of the Mekong Delta, its representatives stated on Monday.
Energy - Wed, September 17, 2025 | 11:49 am GMT+7
Thailand - one of Southeast Asia’s fastest-growing markets for AI
Thailand has emerged as one of Southeast Asia’s fastest-growing markets for artificial intelligence (AI), with OpenAI reporting that weekly active users of ChatGPT in the country have quadrupled over the past year.
Southeast Asia - Wed, September 17, 2025 | 10:40 am GMT+7
MoMo co-founder urges single fintech regulator, faster sandbox in Vietnam
Vietnam should establish a single regulatory focal point and adopt a more flexible sandbox regime to accelerate fintech innovation, said Nguyen Ba Diep, co-founder of e-wallet giant MoMo.
Finance - Wed, September 17, 2025 | 8:00 am GMT+7
Indonesia to end incentives for imported CBU BEVs in 2026
The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.
Southeast Asia - Tue, September 16, 2025 | 9:44 pm GMT+7
Aquatic sector advised to navigate challenges, secure exports to EU, US
Despite positive production signals with growth in 2025 projected at 4.25%, Vietnam's aquatic sector is facing mounting export pressures, particularly strict technical barriers in major markets such as the EU and the U.S.
Companies - Tue, September 16, 2025 | 9:41 pm GMT+7
Vietnam pledges favorable conditions for UK businesses
Finance Minister Nguyen Van Thang has affirmed Vietnam’s commitment to improving its investment environment and creating favourable conditions for foreign enterprises, including those from the UK.
Companies - Tue, September 16, 2025 | 9:29 pm GMT+7
Lotte Shopping plans to open more shopping malls in Vietnam
South Korean retail giant Lotte Shopping has unveiled plans to open an additional two to three large-scale shopping malls in major Vietnamese cities by 2030, underscoring the country’s growing role in the group’s international expansion strategy.
Companies - Tue, September 16, 2025 | 9:25 pm GMT+7
Vietnam ratifies WTO Agreement on Fisheries Subsidies
Vietnam officially deposited its instrument of ratification of the Agreement on Fisheries Subsidies at the WTO General Council’s special session in Switzerland on Monday.
Companies - Tue, September 16, 2025 | 9:21 pm GMT+7
What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?
NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.
Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7
Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026
Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.
Industries - Tue, September 16, 2025 | 3:54 pm GMT+7
Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex
A long-stalled automotive manufacturing project by Xuan Kien Auto JSC (Vinaxuki) has been officially terminated by Hanoi authorities, and the reclaimed land in Phuc Thinh commune will be repurposed for a new commercial and service complex.
Industries - Tue, September 16, 2025 | 2:44 pm GMT+7
Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout
Authorities in the central province of Quang Tri are evaluating a proposal from Power Generation JSC 1 (EVNGENCO 1), a subsidiary of state utility Vietnam Electricity (EVN), to take over the Quang Tri thermal power plant project, following the withdrawal of Thai investor EGATi.
Energy - Tue, September 16, 2025 | 1:44 pm GMT+7
Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers
Amata VN, the Vietnam arm of Thailand’s leading industrial park developer Amata, has approved a plan for its subsidiary Amata City Long Thanh Urban JSC (ACLT) to sell its remaining 51% stakes in two entities to local developer Novaland-linked buyers.
Real Estate - Tue, September 16, 2025 | 12:19 pm GMT+7
Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister
Vietnam has fulfilled the criteria for a stock market status upgrade by FTSE Russell through reforms aimed at facilitating foreign investment inflows into its market, said Minister of Finance Nguyen Van Thang.
Economy - Tue, September 16, 2025 | 9:36 am GMT+7
Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry
The Ministry of Finance is proposing a key reform that would allow commercial banks to invest in and distribute mutual fund certificates, as part of a broader plan to restructure the investor base and foster the development of Vietnam’s fund management industry.
Finance - Tue, September 16, 2025 | 8:00 am GMT+7
E-commerce boom a major driver of Vietnam's packaging paper industry growth
Vietnam's paper packaging industry is entering a period of strong growth, with an average annual growth rate forecasted at 10% until 2030.
Companies - Mon, September 15, 2025 | 10:20 pm GMT+7