Adjacent to Hanoi and connected via National Highway 5 and major expressways, Hung Yen has become an ideal destination for constructing green and smart factories. Dubbed the “golden crossroads” of Northern industry, Hung Yen attracted a record over USD 1.5 billion in FDI in 2024 and handed over more than 221 hectares of industrial land ready for new projects.
Hung Yen – A Strategic Destination for FDI and DDI Capital
In 2024, Hung Yen attracted over USD 1.5 billion in FDI with 71 foreign projects and 109 domestic projects, marking a 135% increase compared to the previous year, demonstrating the province’s strong appeal to investors. The total investment capital flowing into Hung Yen reached over VND 61 trillion. Additionally, the province cleared land and handed over infrastructure for more than 221 hectares of industrial land in 2024. In the first quarter of 2025 alone, Hung Yen welcomed 23 more projects with a total capital of nearly USD 480 million, affirming the sustainable growth momentum of the industrial factory construction market.
Hung Yen cleared land and handed over infrastructure for more than 221 hectares of industrial land in 2024.
Pham Nguyen Confectionery and Food Processing Factory (Vietnam)
Outstanding Advantages of Choosing Hung Yen as a Factory Construction Site
Hung Yen is located in the center of the Northern Delta, within the key economic triangle of the North: Hanoi – Hai Phong – Quang Ninh, with an extremely convenient transportation system: National Highways 5A and 5B, the connecting road between Expressway 5B and the Phap Van – Ninh Binh Expressway, the North–South railway, and Hai Phong Port, facilitating import-export traffic.
MIE Vietnam Factory, 100% Japanese-owned, operating in the supporting industry for automobile and motorcycle production, with DELCO as the general contractor for design and construction in Hung Yen
As of March 2025, Hung Yen province has 17 industrial zones, of which 10 are operational, with a total planned area of nearly 4,400 hectares and more than 2,596 hectares already leased. Most industrial zones such as Thang Long II, Yen My, and Tien Lu have synchronized infrastructure investments, ready to hand over clean land for investors to build factories and plants immediately. Additionally, local authorities continuously improve the investment environment, promote administrative procedure reforms, and offer various tax incentives and infrastructure support packages to attract new investors.
With many years of experience as a factory general construction contractor in Hung Yen, DELCO has performed many factory projects in various fields: Pham Nguyen Confectionery and Food Processing Factory (Vietnam), DORCO Vina packaging printing factory (Korea), MIE Vietnam factory in supporting industry (Japan), etc. With optimal construction solutions, cost savings and production efficiency assurance, DELCO has been and is a reliable partner, receiving high appreciation from domestic and foreign investors.
See more: Attracting investors to build factories in Hai Duong in 2021
See more: Factors convincing investors to choose factory construction in Hung Yen
