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    Industrial Real Estate in Northern Vietnam: Prospects for Enhanced Integration into Global Supply Chains

    Core5 Vietnam: Shaping the Future of Industrial Real Estate

    Relaxation & Wellness area at Core5 Hai Phong
    Relaxation & Wellness area at Core5 Hai Phong

    A Growing Demand in Northern Vietnam

    Northern Vietnam’s industrial landscape is evolving, with a robust demand for industrial spaces. According to insights from Cushman Wakefield, occupancy levels in industrial parks within this region have stabilized at an impressive 69% as of Q2 2025. Alongside this occupancy growth, there’s been a notable 5% year-on-year increase in average asking rents, indicating a flourishing market ripe for investment and development.

    Vietnam’s strategic geographical position in Southeast Asia, coupled with its political stability and integration into global supply chains, has positioned it as an attractive destination for businesses seeking flexibility, efficiency, and sustainability in industrial real estate. This promising environment is drawing attention from international investors, and one company at the forefront of this transformation is Core5 Vietnam.

    Core5 Vietnam: A New Benchmark in Industrial Development

    Core5 Vietnam operates as a premium industrial platform under the Indochina Kajima brand. The company has set itself apart by garnering significant accolades, including the title of ‘Best Industrial Developer 2024’ at the 10th PropertyGuru Vietnam Property Award, as well as recognition among the Top 10 foreign-invested enterprises (FIEs) in sustainable development at the Golden Dragon Awards 2025.

    This accolade reflects Core5’s commitment to creating world-class warehouses and factories geared towards the burgeoning manufacturing and logistics sector in Vietnam. The company aims to capture emerging opportunities in key economic hubs across the nation, driven by a blend of local expertise and international best practices.

    Commitment to ESG in Real Estate

    One of the standout features of Core5 Vietnam is its dedication to Environmental, Social, and Governance (ESG) principles. Each property developed by Core5 adheres to a LEED action plan focusing on sustainability from construction to operation. This encompasses efficient resource management and waste reduction during construction, as well as the use of low-energy materials.

    Core5 Vietnam is also implementing numerous eco-friendly features across its projects. For instance, all developments include solar rooftops, landscaped areas to mitigate heat, optimized ventilation systems, and installed digital energy meters to monitor energy usage. This attention to sustainability not only promotes wellness for the workforce but also significantly lowers operational costs for tenants.

    Tailored Support for Tenants

    The foundation of Core5’s service offering lies in its hospitality roots, inherited from its founding partners, Kajima Corporation of Japan and Indochina Capital. This enables Core5 to provide an integrated solution package that simplifies the setup and expansion process for all tenants. This package includes pre-and-post licensing services, customization options for leased spaces, and comprehensive support in business development and accounting.

    By curating long-term interconnections, Core5 ensures that its tenants can enjoy seamless business operations, further facilitating growth and success in their respective industries.

    Enhancing Vietnam’s Global Position

    Core5 Vietnam aims not just to be a leader in industrial real estate but also to elevate Vietnam’s presence on the global supply and value chain. With many tenants being foreign-invested enterprises (FDI), Core5 plays a pivotal role in driving the shift of production to Vietnam, connecting local businesses with international organizations.

    By setting high standards for service quality and operational capabilities, Core5 Vietnam is not just shaping the future of industrial spaces; it is also enabling Vietnam to harness global opportunities, especially in the rapidly evolving industrial sector.

    Core5 Hung Yen Factory Village within Minh Duc IP
    Core5 Hung Yen Factory Village within Minh Duc IP

    Diverse Offerings Across Key Locations

    Core5 Vietnam boasts an impressive portfolio of LEED-certified factories, establishing a strong presence in essential industrial zones. Their current offerings include the Core5 Hung Yen Factory Village located within Minh Duc Industrial Park, the Core5 Quang Ninh Factory Village situated in Deep C II, and the Core5 Hai Phong Factory Village, also within Deep C II. Each location provides a thriving environment for manufacturers and logistics providers, thereby contributing positively to the local economy and workforce.

    Discover More

    For businesses interested in discovering how Core5 Vietnam can facilitate their operations in one of Southeast Asia’s most promising industrial markets, detailed information can be found at Core5 Vietnam’s website.

    Through its commitment to sustainable development and tenant support, alongside its strategic geographical advantages, Core5 is not just a participant in the industrial real estate sector; it is a driving force, shaping the future landscape of industrial operations in Vietnam.

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