HO NAI INDUSTRIAL PARK BEGINS CONSTRUCTION

The 16.3 hectare Ho Nai Industrial Park – the biggest project of its kind so far in the south of Vietnam – started construction on April 6 in Dong Nai province.

The project will be divided into two phases and deliver a total gross leasable area of 109,000sq.m to the industrial real estate market.

According to Michael Tran, chief construction director at KCN Vietnam, the commencement of Ho Nai Industrial Park was a significant milestone for all partners.

Tran said, “We are proud to partner with experienced construction companies like An Phong Construction JSC. We strongly believe that this will become a strategic partnership as both companies share the mission to become the best in class in our respective industries and offer premium services to Vietnam’s industrial market. We hope KCN Vietnam and An Phong will use this as a stepping stone for future high-quality projects and sustainable developments for the industrial market.”

Located in Dong Nai province, Ho Nai Industrial Park is strategically situated near key logistic hubs. It is located within a one-hour drive from international airports, ports, and Ho Chi Minh City.

The facilities will include solar panels to provide clean and sustainable energy for its tenants.

KCN Vietnam plans to develop another 17ha of land in Ho Nai Industrial Park in the near future.

The company is an industrial real estate developer that initially acquired approximately 250ha at a cost of over $300 million. So far it has a portfolio of projects located in Bac Giang, Hai Duong, Haiphong, Dong Nai, and Long An provinces.

With nearly two decades of consistent growth and development in the market, An Phong Construction is now firmly seen as one of the most prestigious contractors in Vietnam.

Source: VIR

Related News

MEMBER CORNER / PROMOTIONS

KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA

From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.

Sep 24, 2026

VIETNAM ECONOMY INVESTMENT

VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER

Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.

Sep 23, 2026

TECHNOLOGY

VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS

Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.

Sep 23, 2026

GARMENT / TEXTILE

VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS

Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.

Sep 23, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS

Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.

Sep 23, 2026

LEGAL UPDATE / POLICY

FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH

Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.

Sep 23, 2026