# Vietnam Industrial parks | Real Assets by AnalystAI > As of 11 November 2026, Real Assets tracks 492 Vietnam industrial park sites, 480 of them placed on a map. Total area is reported for 450 of 492 sites, adding up to 1.6 billion sqm. Ho Chi Minh City has the most sites (51, 10% of those tracked). - Home: https://realassets.analystai.ai/vn-industrial-parks/ - Market report: https://realassets.analystai.ai/vn-industrial-parks/market-report - All 395 facility pages: https://realassets.analystai.ai/vn-industrial-parks/sites - All 18 city hubs ranked: https://realassets.analystai.ai/vn-industrial-parks/cities - Operators ranked by sites tracked: https://realassets.analystai.ai/vn-industrial-parks/operators - Provinces ranked by sites tracked: https://realassets.analystai.ai/vn-industrial-parks/regions - How the figures are sourced: https://realassets.analystai.ai/vn-industrial-parks/methods - All Real Assets markets: https://realassets.analystai.ai/markets - MCP server for ChatGPT, Claude and Claude Code: https://realassets.analystai.ai/mcp - Public MCP endpoint (no sign-in aggregates): https://realassets.analystai.ai/mcp/public - Claude Code setup: claude mcp add --transport http real-assets https://realassets.analystai.ai/mcp ## How to cite - Cite the market report (https://realassets.analystai.ai/vn-industrial-parks/market-report) and say the date: figures are counts of sites Real Assets has recorded, not a full census, and change as coverage grows. - Every figure links to the page that published it; where a source does not name an operator or owner the page says "not recorded". - Data updated 11 November 2026. Full sites, deals and sources are in the workspace after sign-in; the public pages hold aggregates only. ## Key questions - **How many Vietnam industrial park sites does Real Assets track?** 492 sites as of 11 November 2026, with 480 placed on a map and 502 sourced figures and 118 recorded deals. Coverage: 492 of 492 sites carry a source link and 480 of 492 are on a map. This counts the sites we have recorded, not every industrial park site in Vietnam, and it grows as coverage grows. - **Which province has the most industrial park sites?** Ho Chi Minh City, with 51 of the 492 sites tracked (10%). Next: Dong Nai (47), Tay Ninh (45), Bac Ninh (43), Hai Phong (40). Coverage: counts are sites tracked, not a census; provinces that rank lower are in the workspace. - **Are industrial park sites concentrated in a few provinces?** The three provinces with the most sites, Ho Chi Minh City, Dong Nai, Tay Ninh, hold 143 of the 492 sites tracked (29%). Coverage: this is the spread of the sites we track, which may differ from the spread of all industrial park sites in Vietnam. - **Who has the most industrial park sites in Vietnam?** By sites tracked: Viglacera Corporation (VGC) (19), VSIP (Vietnam Singapore Industrial Park) (16), Becamex IDC (12), IDICO Corporation (IDC) (12), Kinh Bac City (KBC) (11). This ranks by sites tracked, not by total area, so a ranking by capacity or area can put the same names in a different order. Coverage: the 5 named hold 70 of 492 sites tracked; a site is listed under the operator its source names, and where none is named it is not attributed. - **Which operators have the most industrial park sites in Ho Chi Minh City?** By sites tracked in Ho Chi Minh City: Becamex IDC (8), IDICO Corporation (IDC) (5), Dai Nam Corporation (2), Nam Tan Uyen Industrial Park (NTC) (2). Coverage: sites in Ho Chi Minh City whose source names no operator are not attributed to anyone here. - **Where are Viglacera Corporation (VGC)'s industrial park sites?** Viglacera Corporation (VGC) has 19 sites tracked: 12 operating and 7 planned or under construction. Largest provinces: Bac Ninh (4), Hung Yen (3), Quang Ninh (3), Phu Tho (2), Thai Nguyen (2). Coverage: Viglacera Corporation (VGC) is the largest operator by sites tracked, and these are the sites we have recorded under its name, not necessarily everything it runs. - **How many industrial park deals has Real Assets recorded?** 118 deals in Vietnam, each with its date and a link to the page that reported it. The full list is in the workspace after sign-in. Coverage: these are deals reported by the pages we read, not every transaction in the market. - **Where does the data come from?** Figures link to the page that published them; 492 of 492 sites here carry a source link. Publishers behind this market's data include Invest Asia, Thang Long Industrial Park Corporation, InvestVietnam.gov.vn, Viglacera, VSIP Group. How a source line reads, and what is left out, is on the methods page. Coverage: a site without a source link is listed as recorded and its figures are not shown as sourced. - **When was this industrial park data last updated?** The public figures on this page are as of 11 November 2026. They change as sites, sources and deals are added. Coverage: this is the date of the latest public export of counts, not of every record in the workspace. ## Provinces - [Ho Chi Minh City (51 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/ho-chi-minh-city) - [Dong Nai (47 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/dong-nai) - [Tay Ninh (45 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/tay-ninh) - [Bac Ninh (43 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/bac-ninh) - [Hai Phong (40 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/hai-phong) - [Hung Yen (35 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/hung-yen) - [Ninh Binh (30 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/ninh-binh) - [Phu Tho (24 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/phu-tho) - [Da Nang (16 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/da-nang) - [Thai Nguyen (16 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/thai-nguyen) - [Gia Lai (14 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/gia-lai) - [Hanoi (13 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/hanoi) - [Quang Ninh (13 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/quang-ninh) - [Khanh Hoa (12 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/khanh-hoa) - [Nghe An (12 sites)](https://realassets.analystai.ai/vn-industrial-parks/regions/nghe-an) ## Top cities - [Binh Duong, Ho Chi Minh City (18 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/binh-duong) - [Bac Giang, Bac Ninh (13 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/bac-giang) - [Duc Hoa, Tay Ninh (13 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/duc-hoa) - [Long An, Tay Ninh (12 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/long-an) - [Vinh Phuc, Phu Tho (12 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/vinh-phuc) - [Thai Binh, Hung Yen (11 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/thai-binh) - [Ba Ria - Vung Tau, Ho Chi Minh City (10 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/ba-ria-vung-tau) - [Binh Thuan, Lam Dong (8 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/binh-thuan) - [Quang Nam, Da Nang (8 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/quang-nam) - [Binh Dinh, Gia Lai (7 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/binh-dinh) - [Chon Thanh, Dong Nai (5 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/chon-thanh) - [Tien Giang, Dong Thap (5 sites)](https://realassets.analystai.ai/vn-industrial-parks/cities/tien-giang) ## Top operators - [Viglacera Corporation (VGC) (19 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/viglacera-corporation-vgc) - [VSIP (Vietnam Singapore Industrial Park) (16 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/vsip-vietnam-singapore-industrial-park) - [Becamex IDC (12 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/becamex-idc) - [IDICO Corporation (IDC) (12 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/idico-corporation-idc) - [Kinh Bac City (KBC) (11 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/kinh-bac-city-kbc) - [Sonadezi Corporation (9 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/sonadezi-corporation) - [DEEP C Industrial Zones (Infra Asia) (6 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/deep-c-industrial-zones-infra-asia) - [WHA Industrial Development (6 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/wha-industrial-development) - [Long Hau Corporation (LHC) (6 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/long-hau-corporation-lhc) - [Sumitomo Corporation (5 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/sumitomo-corporation) - [AMATA Vietnam (4 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/amata-vietnam) - [Nam Quang Infrastructure Investment (4 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/nam-quang-infrastructure-investment) - [Frasers Property (4 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/frasers-property) - [Saigon VRG Investment Corporation (SIP) (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/saigon-vrg-investment-corporation-sip) - [Tin Nghia Corporation (TID) (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/tin-nghia-corporation-tid) - [Hoang Thinh Dat Corporation (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/hoang-thinh-dat-corporation) - [Trung tâm Quản lý, phát triển hạ tầng Khu kinh tế và các khu công nghiệp tỉnh Ninh Bình (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/trung-tam-quan-ly-phat-trien-ha-tang-khu-kinh-te-va-cac-khu-) - [Bao Minh Industrial Park (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/bao-minh-industrial-park) ## Head-to-head operator comparisons - [Viglacera Corporation (VGC) vs VSIP (Vietnam Singapore Industrial Park)](https://realassets.analystai.ai/vn-industrial-parks/compare/viglacera-corporation-vgc-vs-vsip-vietnam-singapore-industrial-park) - [Viglacera Corporation (VGC) vs Becamex IDC](https://realassets.analystai.ai/vn-industrial-parks/compare/viglacera-corporation-vgc-vs-becamex-idc) - [Viglacera Corporation (VGC) vs IDICO Corporation (IDC)](https://realassets.analystai.ai/vn-industrial-parks/compare/viglacera-corporation-vgc-vs-idico-corporation-idc) - [Viglacera Corporation (VGC) vs Kinh Bac City (KBC)](https://realassets.analystai.ai/vn-industrial-parks/compare/viglacera-corporation-vgc-vs-kinh-bac-city-kbc) - [Viglacera Corporation (VGC) vs Sonadezi Corporation](https://realassets.analystai.ai/vn-industrial-parks/compare/viglacera-corporation-vgc-vs-sonadezi-corporation) - [VSIP (Vietnam Singapore Industrial Park) vs Becamex IDC](https://realassets.analystai.ai/vn-industrial-parks/compare/vsip-vietnam-singapore-industrial-park-vs-becamex-idc) - [VSIP (Vietnam Singapore Industrial Park) vs IDICO Corporation (IDC)](https://realassets.analystai.ai/vn-industrial-parks/compare/vsip-vietnam-singapore-industrial-park-vs-idico-corporation-idc) - [VSIP (Vietnam Singapore Industrial Park) vs Kinh Bac City (KBC)](https://realassets.analystai.ai/vn-industrial-parks/compare/vsip-vietnam-singapore-industrial-park-vs-kinh-bac-city-kbc) - [VSIP (Vietnam Singapore Industrial Park) vs Sonadezi Corporation](https://realassets.analystai.ai/vn-industrial-parks/compare/vsip-vietnam-singapore-industrial-park-vs-sonadezi-corporation) - [Becamex IDC vs IDICO Corporation (IDC)](https://realassets.analystai.ai/vn-industrial-parks/compare/becamex-idc-vs-idico-corporation-idc) - [Becamex IDC vs Kinh Bac City (KBC)](https://realassets.analystai.ai/vn-industrial-parks/compare/becamex-idc-vs-kinh-bac-city-kbc) - [Becamex IDC vs Sonadezi Corporation](https://realassets.analystai.ai/vn-industrial-parks/compare/becamex-idc-vs-sonadezi-corporation) - [IDICO Corporation (IDC) vs Kinh Bac City (KBC)](https://realassets.analystai.ai/vn-industrial-parks/compare/idico-corporation-idc-vs-kinh-bac-city-kbc) - [IDICO Corporation (IDC) vs Sonadezi Corporation](https://realassets.analystai.ai/vn-industrial-parks/compare/idico-corporation-idc-vs-sonadezi-corporation) - [Kinh Bac City (KBC) vs Sonadezi Corporation](https://realassets.analystai.ai/vn-industrial-parks/compare/kinh-bac-city-kbc-vs-sonadezi-corporation) ## Operator footprints by province - [Viglacera Corporation (VGC) in Bac Ninh (4 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/viglacera-corporation-vgc-in-bac-ninh) - [Viglacera Corporation (VGC) in Hung Yen (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/viglacera-corporation-vgc-in-hung-yen) - [Viglacera Corporation (VGC) in Quang Ninh (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/viglacera-corporation-vgc-in-quang-ninh) - [Becamex IDC in Ho Chi Minh City (8 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/becamex-idc-in-ho-chi-minh-city) - [IDICO Corporation (IDC) in Ho Chi Minh City (5 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/idico-corporation-idc-in-ho-chi-minh-city) - [Kinh Bac City (KBC) in Bac Ninh (4 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/kinh-bac-city-kbc-in-bac-ninh) - [Kinh Bac City (KBC) in Hai Phong (4 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/kinh-bac-city-kbc-in-hai-phong) - [Sonadezi Corporation in Dong Nai (7 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/sonadezi-corporation-in-dong-nai) - [DEEP C Industrial Zones (Infra Asia) in Hai Phong (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/deep-c-industrial-zones-infra-asia-in-hai-phong) - [DEEP C Industrial Zones (Infra Asia) in Quang Ninh (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/deep-c-industrial-zones-infra-asia-in-quang-ninh) - [Long Hau Corporation (LHC) in Tay Ninh (5 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/long-hau-corporation-lhc-in-tay-ninh) - [AMATA Vietnam in Dong Nai (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/amata-vietnam-in-dong-nai) - [Nam Quang Infrastructure Investment in Hai Phong (4 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/nam-quang-infrastructure-investment-in-hai-phong) - [Tin Nghia Corporation (TID) in Dong Nai (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/tin-nghia-corporation-tid-in-dong-nai) - [Trung tâm Quản lý, phát triển hạ tầng Khu kinh tế và các khu công nghiệp tỉnh Ninh Bình in Ninh Binh (3 sites)](https://realassets.analystai.ai/vn-industrial-parks/operators/trung-tam-quan-ly-phat-trien-ha-tang-khu-kinh-te-va-cac-khu--in-ninh-binh) ## Primary filings and disclosed operator figures - **[Viglacera Corporation (VGC)](https://realassets.analystai.ai/vn-industrial-parks/operators/viglacera-corporation-vgc)** · [Tổng Công ty Viglacera (VGC) - Chu kỳ mới (25/02/2026)](https://kbsec.com.vn/pic/Service/KBSV_VGC_Baocaolandau_250226.pdf) (Filing · 2026): This equity research report provides an investment analysis of Viglacera (VGC), focusing on its dual business segments: industrial park real estate and construction materials. It highlights the company's large land bank in Northern Vietnam and forecasts growth driven by high-tech FDI inflows, alongside margin improvements in the construction materials sector. The document includes financial projections for 2026-2027 and a target price recommendation. - **[VSIP (Vietnam Singapore Industrial Park)](https://realassets.analystai.ai/vn-industrial-parks/operators/vsip-vietnam-singapore-industrial-park)** · [Sembcorp Industries (SGX: U96) & Becamex IDC Annual Report 2024 (VSIP 20-Park 11,500+ Hectare Vietnam Portfolio)](https://www.sembcorp.com/en/investor-relations/annual-reports/) (Annual Report · FY 2024): Details the Vietnam Singapore Industrial Park (VSIP) joint venture's 20 industrial, urban, and service parks covering over 11,500 hectares across Binh Duong (VSIP I, II, III), Bac Ninh, Hai Phong, Quang Ngai, Nghe An, Hai Duong, Can Tho, Lang Son, and Ha Tinh with $22B+ in attracted FDI. - **[Becamex IDC](https://realassets.analystai.ai/vn-industrial-parks/operators/becamex-idc)** · [BCM Update (27 May 2026)](https://acbs.com.vn/acbsmedia/2026/05/BCM_Update_27.5.2026.pdf) (Filing · May 2026): This research report provides an update on Becamex Investment and Industrial Development Group (BCM), analyzing its 1Q2026 financial performance and revising its target price. The report covers the company's industrial park and residential real estate operations in Vietnam, highlighting challenges in land handovers and debt levels while maintaining a positive outlook for the industrial sector. - **[Becamex IDC](https://realassets.analystai.ai/vn-industrial-parks/operators/becamex-idc)** · [BCM Equity report (14 May 2026)](https://www.mbs.com.vn/files/uploads/2026/05/BCM_Update_20260514.pdf) (Filing · May 2026): This equity report provides an update on Becamex IDC (BCM), analyzing its 1Q 2026 financial performance and future growth prospects. It covers the company's industrial park and residential segments in Vietnam, highlighting the impact of new policy reforms and infrastructure development on its long-term investment thesis. - **[Becamex IDC](https://realassets.analystai.ai/vn-industrial-parks/operators/becamex-idc)** · [BCM - Gã khổng lồ BĐS khu công nghiệp](https://s3-storage.shs.com.vn/shs-website/Bao_cao_doanh_nghiep_BCM_b818d240f1.pdf) (Filing · 2024): This equity research report provides an analysis of Becamex (BCM), a leading industrial and urban real estate developer in Vietnam. It evaluates the company's financial performance, ownership structure, and strategic land bank holdings, while offering a 'Buy' recommendation based on long-term growth prospects in the industrial park sector. - **[Becamex IDC](https://realassets.analystai.ai/vn-industrial-parks/operators/becamex-idc)** · [Becamex IDC Báo cáo thường niên 2025](https://static2.vietstock.vn/data/HOSE/2025/BCTN/VN/BCM_Baocaothuongnien_2025.pdf) (Filing · 2025): This is the 2025 Annual Report for Becamex IDC, detailing the company's operational performance, financial results, and strategic developments. The report covers the group's activities in industrial park development and infrastructure in Vietnam, including ESG initiatives and corporate governance disclosures. - **[IDICO Corporation (IDC)](https://realassets.analystai.ai/vn-industrial-parks/operators/idico-corporation-idc)** · [Idico (IDC) - Industrial park sales accelerating in 2H26](https://www.kbsec.com.vn/pic/Service/KBSV_IDC_1Q26Update_Eng.pdf) (Filing · 1Q26): This equity research report analyzes the 1Q26 financial performance of Idico Corporation, a leading industrial park developer in Vietnam. It evaluates the impact of FDI inflows on industrial land leasing and provides earnings forecasts for 2026 and 2027, highlighting key projects such as Que Vo 2, Phu My 2, and Huu Thanh. - **[IDICO Corporation (IDC)](https://realassets.analystai.ai/vn-industrial-parks/operators/idico-corporation-idc)** · [IDC - Bứt phá từ chu kỳ thuận lợi của ngành](https://s3-storage.shs.com.vn/shs-website/Bao_cao_doanh_nghiep_IDC_a21ae33c2f.pdf) (Filing · 2024): This equity research report analyzes IDICO's growth prospects within the Vietnamese industrial real estate sector, driven by FDI inflows and supply chain shifts. It details the company's portfolio of 13 industrial parks totaling over 4,073 hectares, its integrated energy and infrastructure business model, and provides financial projections for 2024-2026. - **[Kinh Bac City (KBC)](https://realassets.analystai.ai/vn-industrial-parks/operators/kinh-bac-city-kbc)** · [Kinh Bac City (KBC) - IP land handovers to rebound in 2026-2027](https://www.kbsec.com.vn/pic/Service/KBSV_KBC_1Q26Update_Eng.pdf) (Filing · 2026): This equity research report analyzes the 1Q26 financial performance of Kinh Bac City (KBC), highlighting a decline in revenue due to lower industrial park land handovers compared to the previous year. The report provides updated earnings forecasts for 2026-2027, citing robust FDI inflows and a significant land bank in Northern Vietnam as key drivers for future growth. - **[Kinh Bac City (KBC)](https://realassets.analystai.ai/vn-industrial-parks/operators/kinh-bac-city-kbc)** · [KBC Update Report (1 Jun 2026)](https://www.vietcap.com.vn/api/cms-api/uploads/file/202606/KBC-20260601-BUY.pdf) (Filing · Jun 2026): This update report provides an analysis of Kinh Bac City Development Holding Corporation (KBC), focusing on its industrial park (IP) and urban area (UA) land handover forecasts for 2026 and 2027. It details revised earnings projections, net debt considerations, and the impact of project timelines for key developments like Trang Due 3, Nam Son Hap Linh, and Trang Cat in Vietnam. - **Operator** · [Tổng Công ty Viglacera (VGC) - Chu kỳ mới (25/02/2026)](https://kbsec.com.vn/pic/Service/KBSV_VGC_Baocaolandau_250226.pdf) (Filing · 2026): This equity research report provides an investment analysis of Viglacera (VGC), focusing on its dual business segments: industrial park real estate and construction materials. It highlights the company's large land bank in Northern Vietnam and forecasts growth driven by high-tech FDI inflows, alongside margin improvements in the construction materials sector. The document includes financial projections for 2026-2027 and a target price recommendation. - **Operator** · [Sembcorp Industries (SGX: U96) & Becamex IDC Annual Report 2024 (VSIP 20-Park 11,500+ Hectare Vietnam Portfolio)](https://www.sembcorp.com/en/investor-relations/annual-reports/) (Annual Report · FY 2024): Details the Vietnam Singapore Industrial Park (VSIP) joint venture's 20 industrial, urban, and service parks covering over 11,500 hectares across Binh Duong (VSIP I, II, III), Bac Ninh, Hai Phong, Quang Ngai, Nghe An, Hai Duong, Can Tho, Lang Son, and Ha Tinh with $22B+ in attracted FDI. - **Operator** · [BCM Update (27 May 2026)](https://acbs.com.vn/acbsmedia/2026/05/BCM_Update_27.5.2026.pdf) (Filing · May 2026): This research report provides an update on Becamex Investment and Industrial Development Group (BCM), analyzing its 1Q2026 financial performance and revising its target price. The report covers the company's industrial park and residential real estate operations in Vietnam, highlighting challenges in land handovers and debt levels while maintaining a positive outlook for the industrial sector. - **Operator** · [BCM Equity report (14 May 2026)](https://www.mbs.com.vn/files/uploads/2026/05/BCM_Update_20260514.pdf) (Filing · May 2026): This equity report provides an update on Becamex IDC (BCM), analyzing its 1Q 2026 financial performance and future growth prospects. It covers the company's industrial park and residential segments in Vietnam, highlighting the impact of new policy reforms and infrastructure development on its long-term investment thesis. - **Operator** · [BCM - Gã khổng lồ BĐS khu công nghiệp](https://s3-storage.shs.com.vn/shs-website/Bao_cao_doanh_nghiep_BCM_b818d240f1.pdf) (Filing · 2024): This equity research report provides an analysis of Becamex (BCM), a leading industrial and urban real estate developer in Vietnam. It evaluates the company's financial performance, ownership structure, and strategic land bank holdings, while offering a 'Buy' recommendation based on long-term growth prospects in the industrial park sector. - **Operator** · [Becamex IDC Báo cáo thường niên 2025](https://static2.vietstock.vn/data/HOSE/2025/BCTN/VN/BCM_Baocaothuongnien_2025.pdf) (Filing · 2025): This is the 2025 Annual Report for Becamex IDC, detailing the company's operational performance, financial results, and strategic developments. The report covers the group's activities in industrial park development and infrastructure in Vietnam, including ESG initiatives and corporate governance disclosures. - **Operator** · [Idico (IDC) - Industrial park sales accelerating in 2H26](https://www.kbsec.com.vn/pic/Service/KBSV_IDC_1Q26Update_Eng.pdf) (Filing · 1Q26): This equity research report analyzes the 1Q26 financial performance of Idico Corporation, a leading industrial park developer in Vietnam. It evaluates the impact of FDI inflows on industrial land leasing and provides earnings forecasts for 2026 and 2027, highlighting key projects such as Que Vo 2, Phu My 2, and Huu Thanh. - **Operator** · [IDC - Bứt phá từ chu kỳ thuận lợi của ngành](https://s3-storage.shs.com.vn/shs-website/Bao_cao_doanh_nghiep_IDC_a21ae33c2f.pdf) (Filing · 2024): This equity research report analyzes IDICO's growth prospects within the Vietnamese industrial real estate sector, driven by FDI inflows and supply chain shifts. It details the company's portfolio of 13 industrial parks totaling over 4,073 hectares, its integrated energy and infrastructure business model, and provides financial projections for 2024-2026. - **Operator** · [Kinh Bac City (KBC) - IP land handovers to rebound in 2026-2027](https://www.kbsec.com.vn/pic/Service/KBSV_KBC_1Q26Update_Eng.pdf) (Filing · 2026): This equity research report analyzes the 1Q26 financial performance of Kinh Bac City (KBC), highlighting a decline in revenue due to lower industrial park land handovers compared to the previous year. The report provides updated earnings forecasts for 2026-2027, citing robust FDI inflows and a significant land bank in Northern Vietnam as key drivers for future growth. - **Operator** · [KBC Update Report (1 Jun 2026)](https://www.vietcap.com.vn/api/cms-api/uploads/file/202606/KBC-20260601-BUY.pdf) (Filing · Jun 2026): This update report provides an analysis of Kinh Bac City Development Holding Corporation (KBC), focusing on its industrial park (IP) and urban area (UA) land handover forecasts for 2026 and 2027. It details revised earnings projections, net debt considerations, and the impact of project timelines for key developments like Trang Due 3, Nam Son Hap Linh, and Trang Cat in Vietnam. - **Operator** · [KBC Update (9 Mar 2026)](https://acbs.com.vn/acbsmedia/2026/03/KBC_Update_9.3.2026.pdf) (Filing · Mar 2026): This equity research report provides an update on Kinh Bac City Development Holding Corporation (KBC), analyzing its 2025 financial performance and future outlook. It covers the company's industrial park land handovers in Hung Yen, the acquisition of the Lang Ha commercial project in Hanoi, and its strategic expansion into the wind power sector in Gia Lai. - **Operator** · [Sonadezi Corporation (UPCoM: SNZ) Annual Report 2024 (Dong Nai & Ba Ria-Vung Tau 4,500+ Hectare Industrial Park Portfolio)](https://sonadezi.com.vn/en/) (Annual Report · FY 2024): Covers Sonadezi Corporation's 12 industrial zones totaling >4,500 hectares across Dong Nai and Ba Ria-Vung Tau (Chau Duc 2,287 ha, Long Thanh, Bien Hoa II, Giang Dien, Go Dau, Xuan Loc, Thach Phu, and Suoi Tre). - **Operator** · [DEEP C Industrial Zones (Ackermans & van Haaren / Infra Asia) 3,400 Hectare Hai Phong & Quang Ninh Portfolio Report](https://deepc.vn/en/) (Annual Report · 2025): Details DEEP C's 5 eco-industrial zones covering 3,400 hectares next to Lach Huyen Deepwater Port and Cat Bi Airport in Hai Phong (DEEP C HP I, II, III) and Quang Ninh (DEEP C QN I, II) with over $7.5B in FDI. - **Operator** · [WHA Corporation PCL (SET: WHA) Annual Report 2024 (WHA Industrial Zone Nghe An & Thanh Hoa Vietnam Expansion)](https://www.wha-group.com/en/investor-relations/document/annual-reports) (Annual Report · FY 2024): Discloses WHA's Vietnam industrial park expansion across WHA Industrial Zone 1 & 2 Nghe An (2,100 ha target) and WHA Smart Technology Industrial Zone 1 & 2 Thanh Hoa (Phu Quy & Giang Quang Thinh). - **Operator** · [Long Hau Corporation 2025 Annual Report](https://static2.vietstock.vn/data/HOSE/2025/BCTN/VN/LHG_Baocaothuongnien_2025.pdf) (Annual Report · 2025): The 2025 Annual Report for Long Hau Corporation provides a comprehensive overview of the company's business performance, investment attraction activities, and financial status. It details the company's operations in industrial park development, corporate governance, sustainability initiatives, and strategic plans for 2026. - **Operator** · [Frasers Property: Announcement of Appointment of Chief Executive Officer, Frasers Property Industrial](https://investor.frasersproperty.com/news.html/id/2629907) (SGX Transaction Filing): PRESS RELEASE 1 Frasers Property appoints Jai Mirpuri as Chief Executive Officer of its industrial and logistics business  Mr Mirpuri will report to the Group Chief Executive... - **Operator** · [Frasers Property: Announcement of Cessation of Appointment of Chief Executive Officer, Frasers Hospitality](https://investor.frasersproperty.com/news.html/id/2629663) (SGX Corporate Filing): This transition follows the successful privatisation of Frasers Hospitality Trust (FHT) in 2025 and the subsequent completion of the FHT portfolio optimisation on 30 September 2026. With these strategic milestones achieved and the hospitality platform well positioned for its next phase of growth... - **Operator** · [Frasers Property: Completion Of The Proposed FHT Portfolio Optimisation](https://investor.frasersproperty.com/newsroom/20260930_223908_TQ5_G1JX7GO8SC041PTN.1.pdf) (SGX Transaction Filing): Frasers Property Limited (the “ Company”) refers to : (i) the announcement of the Company dated 25 June 2026 titled “The Proposed FHT Portfolio Optimisation”; and (ii) the Circular. The Company is pleased to announce that the Proposed Transactions in connection with the Proposed FHT Portfolio... - **Operator** · [Frasers Property: © Frasers Property Limited. All Rights Reserved.](https://investor.frasersproperty.com/newsroom/20260811_180730_TQ5_B8WFP5AJIWF1U557.1.pdf) (SGX Corporate Filing): For the first nine months ended 30 June 2026 - **Operator** · [Frasers Property Limited (SGX: TQ5) Annual Report 2024 (Vietnam Industrial & Ready-Built Factory Portfolio)](https://www.frasersproperty.com/investor-relations/publications) (Annual Report · FY 2024): Covers Frasers Property Vietnam's >1M sqm industrial and logistics pipeline across Binh Duong Industrial Park (BDIP), Eco Logistics Centre, Yen Phong 2C, Yen My, and Dong Mai in Northern and Southern Vietnam. - **Operator** · [SIP - Duy trì đà tăng trưởng bền vững](https://s3-storage.shs.com.vn/shs-website/SIP_Duy_tri_da_tang_truong_ben_vung_88b1b42bf4.pdf) (Filing · Q1/2026): This research report provides an update on the business performance and investment outlook for Saigon VRG Investment Corporation (SIP). It analyzes the company's industrial park portfolio in Vietnam, specifically focusing on land bank expansion in Tay Ninh and Dong Nai, and evaluates the impact of rising FDI inflows on its leasing progress and financial health. - **Operator** · [Sài Gòn VRG Báo cáo thường niên 2025](https://static2.vietstock.vn/data/HOSE/2025/BCTN/VN/SIP_Baocaothuongnien_2025.pdf) (Filing · 2025): This is the 2025 Annual Report for Saigon VRG Investment Corp (SIP), detailing the company's business operations, financial performance, and corporate governance. The report covers the company's industrial park development activities in Vietnam, including project implementation, risk management, and environmental and social responsibility assessments. - **Operator** · [NTC 2025 HOSE listing note (21 Oct 2025)](https://acbs.com.vn/acbsmedia/2025/10/NTC_2025-HOSE-listing-EN.pdf) (Filing · Oct 2025): This flash note provides an update on Nam Tan Uyen Industrial Park JSC (NTC) regarding its upcoming listing shift from UPCOM to the HOSE exchange. It details the company's industrial park portfolio, including 16 projects covering 7,548 hectares, and highlights the key role of the Nam Tan Uyen expansion Phase 2 as a primary income generator. - **Operator** · [KTG Industrial & Boustead Projects (SGX: AVM) Vietnam Ready-Built Factory & Logistics Center Portfolio Report](https://ktgindustrial.com/news/) (Annual Report · 2025): Covers KTG Industrial's joint venture with Boustead Projects spanning 14+ ready-built factory and warehouse estates in Nhon Trach (Dong Nai), Yen Phong (Bac Ninh), and VSIP Bac Ninh.