Long Hau Industrial Park is accelerating its expansion with a nearly VND 3.2 trillion project in Can Giuoc, Long An. With an additional 90 hectares of industrial land, the development is expected to become a prime destination for manufacturing, logistics, and technology investors during Vietnam’s next industrial growth cycle from 2028 onward.
Long Hau Accelerates Industrial Land Expansion in Long An
As Vietnam’s industrial real estate market enters a new growth phase, Long Hau Corporation (stock code: LHG) is strengthening its market position through the expansion of Long Hau Industrial Park Phase 2, with a total investment of nearly VND 3.158 trillion.
According to the recently published environmental impact assessment report, the project is located in Long Hau 3 Hamlet, Can Giuoc District, Long An Province, covering a total area of approximately 90 hectares.
The project received official investment approval and investor recognition from local authorities on March 31, 2026, paving the way for a new development phase.
According to the implementation schedule:
- Construction begins in Q2 2026
- Infrastructure completion and investor operations begin in Q3 2028
This is considered a strategic move to expand industrial land supply as demand remains strong in Southern Vietnam.
What Does the Nearly VND 3.2 Trillion Project Include?
The Long Hau Industrial Park expansion is designed as a modern industrial development with fully integrated infrastructure.
Key investment components include:
- site leveling and land preparation
- internal road systems
- electricity infrastructure
- water supply and drainage systems
- wastewater treatment facilities
- administrative and service zones
- ready-built factories for lease
- supporting infrastructure for industrial tenants
Total investment is estimated at VND 3.158 trillion, structured as follows:
- VND 480 billion in equity capital
- VND 1.500 trillion in loans
- the remaining balance from other funding sources
This capital structure indicates that the developer has prepared a relatively clear financing strategy for execution.
Why Is Long Hau’s Expansion Drawing Market Attention?
1. Strategic Location Near Ho Chi Minh City
Can Giuoc is one of the strongest beneficiaries of industrial decentralization away from Ho Chi Minh City.
The area offers several strategic advantages:
- close proximity to Ho Chi Minh City
- convenient access to South Saigon
- connectivity to seaport infrastructure
- favorable import-export logistics
- linkage to Southern Vietnam’s expressway network
This is especially attractive for foreign direct investment (FDI).
Industries likely to be interested include:
- logistics
- electronics
- supporting industries
- distribution and trade
- export manufacturing
2. Long Hau Has a Proven Operating Track Record
A major strength is that Long Hau is not a first-time developer.
The company currently operates:
- Long Hau Industrial Park – over 137 hectares, 100% occupied
- Long Hau Expansion Industrial Park – over 108 hectares, 100% occupied
- Long Hau 3 Phase 1 – nearly 124 hectares, approximately 60% occupied
This demonstrates:
- strong project execution capability
- real investor attraction performance
- an established industrial brand
- an evolving industrial ecosystem
This gives Long Hau a significant competitive advantage over entirely new industrial developments.
3. Industrial Land Near Ho Chi Minh City Is Becoming Scarce
In areas close to Ho Chi Minh City, clean industrial land is becoming increasingly limited.
Regions with high occupancy rates include:
- Long An
- Binh Duong
- Dong Nai
- suburban Ho Chi Minh City
As a result, new industrial land supply consistently attracts market attention.
The additional 90 hectares therefore carries strong strategic value.
4. Global Supply Chain Shifts Continue Supporting Demand
Vietnam continues benefiting from major investment trends, including:
- China Plus One diversification
- supply chain restructuring
- regional logistics demand
- e-commerce growth
- export expansion
Industries likely to consider this project include:
- electronics
- warehousing
- cold chain logistics
- supporting manufacturing
- electrical equipment
- technology manufacturing
Current Land Conditions and Development Challenges
According to the environmental report, the site currently consists mainly of:
- agricultural land
- acid sulfate soil
- saline-affected land
- partial aquaculture areas
- partially abandoned land
The site also includes:
- approximately 61 temporary houses
- approximately 100 graves
- low population density
This presents both opportunities and challenges.
Advantages
- easier integrated planning
- lower population density
- large contiguous land bank
Challenges
- land clearance and compensation
- technical infrastructure preparation
- weak soil treatment
- environmental management
Long Hau’s Financial Position
Financial strength is another important factor.
Q1 2026 results show:
- Revenue exceeding VND 176 billion
- down approximately 25% year-over-year
However:
- Net profit exceeded VND 112 billion
- supported by strong cost management
2026 targets:
- Revenue target: over VND 728 billion
- Net profit target: nearly VND 166 billion
After the first quarter, the company had achieved:
- 34% of annual revenue target
- 68% of annual profit target
This provides relatively positive signals for project execution capacity.
Which Investors Could Be Interested?
Based on location and project design, likely target tenants include:
Logistics Operators
Strong proximity to Ho Chi Minh City and port infrastructure.
Export Manufacturers
Efficient transport access for international trade.
Supporting Industries
Serving Southern Vietnam’s industrial ecosystem.
Ready-Built Factory Users
Businesses seeking fast operational setup.
Cold Chain and Food Supply Logistics
Southern Vietnam has strong demand growth in this segment.
Market Impact on Vietnam’s Industrial Real Estate Sector
This project carries several important implications.
New Industrial Supply Growth
90 hectares is a meaningful addition to Southern supply.
Increased Competition in Long An
Long An continues strengthening its role as an industrial growth hub.
FDI Support
New industrial land helps absorb rising international investor demand.
Reinforcement of Industrial Decentralization
More businesses continue shifting from central Ho Chi Minh City to satellite industrial zones.
Conclusion
Long Hau’s nearly VND 3.2 trillion investment to expand industrial land by 90 hectares in Can Giuoc represents a strategically timed move.
Against the backdrop of:
- limited industrial land near Ho Chi Minh City
- rising FDI demand
- rapid logistics expansion in Southern Vietnam
- global supply chain restructuring
the Long Hau expansion has strong potential to become one of Vietnam’s most attractive industrial investment destinations by 2028.
If delivered on schedule, this project could become a major catalyst for Long An’s industrial real estate growth in the next market cycle.
References:
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