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Why Are Factory Rental Prices in Binh Thuan Attracting Investors?

03/03/2025

Why Are Factory Rental Prices in Binh Thuan Attracting Investors?
As rental costs for factories in major industrial hubs like Binh Duong and Dong Nai continue to climb, a wave of relocation to emerging regions is gaining momentum. In this context, Binh Thuan stands out as an ideal destination, offering competitive factory rental rates, synchronized infrastructure, and a strategic location.
As rental costs for factories in major industrial hubs like Binh Duong and Dong Nai continue to climb, a wave of relocation to emerging regions is gaining momentum. In this context, Binh Thuan stands out as an ideal destination, offering competitive factory rental rates, synchronized infrastructure, and a strategic location. Discover the opportunities in Binh Thuan’s factory rental market to seize this compelling investment prospect.
 

Southern Industrial Zones Exceed 90% Occupancy

In 2024, the industrial real estate market has seen robust supply growth, particularly in southern Vietnam’s key industrial zones, where occupancy rates exceed 90%. The region leads in ready-built warehouse and factory space, totaling 10.6 million m², with a near-even split between factories (49%) and warehouses (51%). According to CBRE, tenants from China accounted for 25% of rental inquiries in the South in 2024 (up from 10% the previous year), underscoring a clear shift in production and supply chains.
 
JLL Vietnam forecasts that approximately 684,000 m² of warehouse and factory space is under construction in southern provinces, signaling continued supply growth. This uptick is partly driven by the “China +1” strategy, as global corporations seek alternative manufacturing hubs to diversify and mitigate risks tied to China. With its advantageous proximity to China and seamless connectivity to major markets like Japan, South Korea, and ASEAN, Vietnam is emerging as a top choice. Free trade agreements such as EVFTA and CPTPP further bolster Vietnam’s appeal, reducing tariffs and expanding export opportunities.
 

In the South, the industrial real estate market is shifting to meet rising production demands. Many businesses are expanding into new areas to optimize costs, with a noticeable trend of relocating factory rentals from established hubs like Dong Nai and Binh Duong to neighboring regions such as Binh Thuan and Ba Ria-Vung Tau. This shift is not just about securing flexible production space but also prioritizing environmental sustainability and logistics efficiency.

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High Occupancy in Southern Industrial Zones Drives Strong Shift to Satellite Provinces
 
A key driver of this trend is cost. Factory rental prices in major industrial zones have risen steadily year-on-year, while peripheral areas offer more stable and competitive rates—Binh Thuan being a prime example. This creates a significant opportunity for businesses seeking affordable factory rentals in Binh Thuan, complete with integrated infrastructure and logistics convenience. Lower rental costs ease financial pressures, enabling firms to invest in R&D, employee welfare, and productivity enhancements, ultimately boosting business performance. Factory rentals in Binh Thuan are increasingly attractive amid the ongoing supply chain shift and growing production needs.
 

The Allure of Factory Rentals in Binh Thuan

Beyond its long coastline and vast tourism potential, Binh Thuan is making strides in industrial development. Investments in transportation and industrial zone infrastructure have transformed the province into an appealing destination for businesses seeking new production sites.

Government investment incentives further enhance the appeal of factory rentals in Binh Thuan. Current rental rates range from $1.5 to $3.48/m²/month, significantly lower than those in central industrial hubs like Binh Duong and Dong Nai. These reasonable prices allow businesses to alleviate financial strain, optimize operating costs, and reinvest in production capacity.

Duc Linh District shines in Binh Thuan’s factory rental market, with rapidly developing industrial clusters like Nam Ha, Nam Ha 2, and Dong Ha. Its strategic position as a gateway linking Binh Thuan to economic powerhouses like Dong Nai, Binh Duong, and Ho Chi Minh City facilitates logistics and supply chain efficiency. In 2025, Duc Linh will prioritize workforce training to meet demands in industries, renewable energy, and high-tech agriculture—key economic pillars for the province.

Beyond location and cost advantages, Binh Thuan benefits from a stable climate. With low annual rainfall (800–1,600 mm), abundant sunshine (2,500–3,000 hours/year), and minimal storm impact, the region minimizes natural disaster risks, ensuring uninterrupted business operations.
 

Nhà xưởng cho thuê Bình Thuận hút doanh nghiệp nhờ hạ tầng tốt, giá thuê cạnh tranh.
Binh Thuan’s Factory Rentals Attract Businesses with Strong Infrastructure and Competitive Pricing
 
However, the influx of new projects poses challenges in maintaining occupancy rates and optimizing rental performance in Binh Thuan. To stay competitive, developers are adopting flexible solutions, such as repurposing spaces or integrating diverse business models—shifting from production factories to distribution centers and storage hubs. This maximizes space utilization, meets market demands, and sustains the competitive edge of Binh Thuan’s factory rental projects in the mid-to-long term.
 

The HLI EcoHub Nam Ha ready-built factory project, with transparent legal frameworks and flexible sizes starting at 1,400 m², is a top choice for investors eyeing Binh Thuan. Not only does it rank among the province’s most cost-effective factory rentals, but it also pioneers LEED-certified standards locally. Nguyen Hong Hai, Vice Chairman of the Binh Thuan People’s Committee, remarked: “The HLI EcoHub Nam Ha project not only enhances the province’s production capacity but also generates significant opportunities, greatly contributing to job creation, improving local livelihoods, and actively supporting sustainable socio-economic growth.”

 

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Aligned with Binh Thuan’s green and sustainable economic vision, the project enjoys multiple provincial incentives, making it a standout option for forward-thinking enterprises.

  • Location: Dong Ha Commune, Duc Linh District, Binh Thuan Province
  • Hotline: 0964 582 346
  • Email: contact@hoalonginvest.com
  • Address: 19 Tran Quy Kien, Binh Trung Tay Ward, Thu Duc City, HCMC

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Market News

Why Are Factory Rental Prices in Binh Thuan Attracting Investors?

As rental costs for factories in major industrial hubs like Binh Duong and Dong Nai continue to climb, a wave of relocation to emerging regions is gaining momentum. In this context, Binh Thuan stands out as an ideal destination, offering competitive factory rental rates, synchronized infrastructure, and a strategic location.
HOA LONG INVEST

HOA LONG INVESTMENT - CONSTRUCTION JOINT STOCK COMPANY


Hoa Long Construction Investment Joint Stock Company was established and operates under Business Registration Certificate No. 1101732121 issued by the Department of Planning and Investment of Ho Chi Minh City on December 25, 2013.
  • Location 19 Tran Quy Kien Street, Binh Trung Tay Ward, Thu Duc City, HCM City

  • Phone 028 7108 8660

    Email contact@hoalonginvest.com

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