Taseco Land rides investment wave, expands industrial property footprint in northern Vietnam

Amid the continued rise of FDI inflows into Vietnam and the ongoing shift of global supply chains, Taseco Land is gradually affirming its role as a long-term, strategically oriented industrial park developer.

With nearly $33.7 billion in registered FDI in the first 11 months of 2025 and $23.6 billion in disbursed capital - the highest level in the past five years, Vietnam is witnessing a strong resurgence of FDI.

Along with global supply chain relocation, demand for production sites with complete infrastructure, clear legal status, and readiness for immediate handover has surged, making industrial real estate the most attractive segment in the market.

Taseco Dong Van 3 IP – A bright spot in long-term development strategy

As Taseco Land’s pioneering project in industrial real estate, Taseco Dong Van 3 Industrial Park is gradually becoming a “golden destination” for high-quality manufacturing investment.

Located in Dong Van, Duy Tien, and Tien Son communes in the former Ha Nam province (now Ninh Binh province after their merger in July), the project enjoys a strategic location near major expressways and the northern industrial belt, enabling convenient connectivity to key economic hubs such as Hanoi, Hai Phong, and Quang Ninh.

With a total area of 223 hectares, including 166 hectares dedicated to industrial production, the park has currently leased out approximately 90 hectares, with the remaining 76 hectares ready for lease.

In 2026, Taseco Land aims to complete synchronous infrastructure and fully lease the remaining areas, making a significant contribution to the company’s annual revenue.

With thorough preparation, Taseco Dong Van 3 Industrial Park is expected to achieve one of the highest occupancy rates in the region, creating jobs for local workers and increasing budget revenues for Ninh Binh province.

In addition to its completed infrastructure, Taseco Dong Van 3 Industrial Park stands out for Taseco Land’s commitment to comprehensive operation and the provision of full technical and social infrastructure facilities, including a wastewater treatment plant; water supply system; electricity, telecommunications, internal traffic networks; and well-planned landscaping.

These features cater to high-tech manufacturing, electronics, precision engineering, and supporting industries, while also creating a green, clean, and environmentally friendly working environment for employees.

Thuy Nguyen – A strategic move in the northern industrial and logistics hub

Alongside Taseco Dong Van 3 Industrial Park, in July 2025 Taseco Land continued to expand its industrial real estate portfolio with the granting of the investment registration certificate for the Thuy Nguyen Industrial Park project in Hai Phong city, within the framework of the 3rd ASEAN Business Advisory Council (ABAC) Meeting 2025 hosted by the municipal People’s Committee.

The project is currently one of the most dynamic industrial and logistics areas in northern Vietnam. The location offers significant strategic advantages, including proximity to Lach Huyen deep-water port and convenient connections to the coastal expressway and Cat Bi Airport, making it an ideal choice for FDI enterprises operating in export-oriented industries, high technology, and logistics.

Taseco Thuy Nguyen Industrial Park covers a total area of 247.8 hectares with total investment capital of approximately VND3.94 trillion ($149.87 million). The project is expected to become a new growth driver for Taseco Land in the coming period.

Currently, it is undergoing land clearance, master planning, and preparation for infrastructure construction. The park is anticipated to attract a large number of international enterprises in high-tech manufacturing, export, and logistics sectors.

Notably, the project is planned under an integrated industrial-urban-service model, incorporating housing for workers and experts, daily-life amenities, support services, education, and healthcare facilities.

This integrated approach not only enhances attractiveness for tenants but also addresses critical challenges related to stable labor supply, quality of living, and efficient production operations – vital factors amid increasingly intense competition for human resources in industrial zones.

Beyond Dong Van 3 and Thuy Nguyen, Taseco Land is implementing plans to expand its industrial real estate portfolio to nearly 1,000 hectares within the next few years, thereby strengthening its influence and elevating its position on Vietnam’s industrial real estate map.

This strategy not only helps diversify revenue streams but also builds an integrated industrial-urban-service ecosystem to meet the growing demands of major FDI clients.

As Vietnam’s industrial real estate market enters a golden phase marked by record-high FDI inflows and the relocation of manufacturing from other regional countries, companies like Taseco Land, with clean land banks, rapid project implementation, and synchronized infrastructure, are not only riding the investment wave but also reshaping development standards for industrial parks in Vietnam.