Market15 May 2026
Northern Vietnam captures 68% of Q1 semiconductor FDI
Bac Ninh, Thai Nguyen, and Quang Ninh continue to outpace southern industrial corridors — driven by proximity to South China supply chains and improved port infrastructure.
The signals shaping Vietnam's industrial future.
Market intelligence on FDI flows, semiconductor policy, and sustainable industrial development — alongside project updates from across our portfolio.
Market Updates
Policy02 May 2026
National assembly passes green-industrial tax incentives
New framework provides 15-year corporate income tax incentives for LEED-certified industrial parks and their qualifying tenants — accelerating ESG-driven site selection.
Infrastructure21 Apr 2026
Lach Huyen Phase 3 port expansion opens for operations
Vietnam's deep-water port capacity increases 40% with third-phase commissioning — significantly improving lead times for manufacturers operating within a 100 km radius.
02 — Internal News
Announcements
Project10 May 2026
Quang Yen masterplan enters provincial approval phase
The 1,192-hectare flagship submits its final environmental impact assessment. Anchor tenant conversations advancing across semiconductor and renewable energy sectors.
Milestone28 Apr 2026
Hiep Cuong Phase 1 breaks ground in Hung Yen
Ceremony marks the start of construction on 170 hectares of the first phase — targeting Q4 2027 handover with three logistics tenants pre-committed.
Partnership12 Apr 2026
ASP Land signs MoU with Savills for exclusive marketing
Strategic partnership with Savills Vietnam covers all industrial and office portfolio marketing, including international investor outreach and tenant advisory.
Company News
Company News15 Jul 2026
ASP Expands Operations in Southeast Asia
ASP Land announces the opening of two new regional offices in Ho Chi Minh City and Bangkok, strengthening presence across key Southeast Asian markets.
Company News22 Jul 2026
Q2 2026 Revenue Surpasses Expectations
Record quarterly revenue of $4.2 billion driven by strong industrial park leasing demand and accelerated infrastructure delivery across all major projects.
Company News01 Aug 2026
New Sustainability Initiative Launched
ASP Land commits to carbon-neutral operations by 2030, introducing solar-powered facilities and green building standards across all industrial parks.
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