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Multidimensional benefits created with KCN Vietnam
KCN Vietnam Group, a developer in ready-built warehouses and factories for rent, is currently managing 10 high-quality industrial projects across Vietnam. Company COO Hardy Diec talked to VIR’s Binh An about the factors for the group to achieve important achievements after four years of development.
What successes have KCN Vietnam Group attained since it was first established?
Company COO Hardy Diec
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Since 2021 we have proudly positioned ourselves to become a top developer in providing high-quality industrial solutions, including ready-built warehouses and factories along with professional consultancy services.
We have successfully launched 10 projects across strategic industrial zones, including DEEP C in Haiphong, Thuan Thanh 3B in Bac Ninh province, Ho Nai in Dong Nai province, and Phu An Thanh in Long An province, spanning over 300 hectares.
In October, we also officially broke ground on Phase 1 of a warehouse project in sub-zone D of the Nhon Trach VI Industrial Park in Dong Nai. This scheme is on track to be completed by the second half of 2025. By the end of 2024, we anticipate achieving nearly 40ha of operational leasable floor area, with an ambitious target of expanding to nearly 70ha.
As we continue to expand our land bank and develop new projects in key economic hubs nationwide, we remain unwavering in our commitment to excellence. Our focus extends beyond scale to ensuring that our infrastructure meets the highest international standards, aligning with the expectations of global investors.
In July this year, we announced our strategic commitment to green building development, with sustainability at the core of our future initiatives. Two of our flagship projects currently under construction, DEEP C Phase 2 and Nhon Trach 6D, are being developed to meet LEED Silver and Gold standards, respectively – an achievement that reflects our dedication to sustainability and innovation.
These significant milestones have earned us numerous prestigious awards in the industrial real estate sector, domestically and internationally, over the past three years. Our progress is a testament to our vision of creating an ecosystem that attracts a diverse range of high-quality industries, minimises environmental impact, and drives the transformation towards a green, sustainable industrial future.
What are the main factors for KCN Vietnam to gain those achievements?
At the cornerstone of KCN Vietnam’s business operations lies our diverse portfolio of products and services, designed with internationally certified construction quality to meet the increasingly sophisticated demands of global investors. We currently offer a full range of solutions, including warehouses, factories, hybrid warehouse-factory models, and built-to-suit facilities.
Furthermore, as previously highlighted, all our developments are aligned with green building principles, reflecting the global trend toward sustainable industrial practices.
In addition, KCN Vietnam is deeply committed to supporting small and medium-sized enterprises in exploring growth opportunities in the Vietnamese market. Through our mid- to small-scale warehouse and factory models, we provide cost-effective solutions tailored to their needs. Regardless of the project, our partners benefit from prime locations with easy access to transportation networks, storage facilities, and a talented young workforce.
Beyond our infrastructure advantages, our flexible, customer-centric business strategy serves as the heart of our success. KCN Vietnam takes pride in being one of the developers that offers support businesses throughout their investment and operational journey in Vietnam.
We offer comprehensive services, including market and investment environment consultations, guidance on regulatory incentives, assistance with investment registration and business establishment procedures, and expert advice on taxation, accounting, and human resources. These services not only save our investors time and costs but also enhance their competitive edge in the market.
Moreover, as a strategic partner and solution provider, KCN Vietnam is dedicated to accompanying our business partners every step of the way in their journey to enter and thrive in the Vietnamese market. This is made possible by our experienced, professional, and highly committed team.
Our sales teams are specialised by language to cater to key customer groups from China, Japan, South Korea, and English-speaking countries, ensuring effective communication and prompt responses to their needs. Alongside our extensive and attentive customer support network, we also collaborate with reputable financial, banking, and customs partners to help investors seize business opportunities swiftly and efficiently.
Future projects developed by KCN Vietnam will be designed and operated in accordance with stringent sustainability standards
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What goals does KCN Vietnam set for its business plan heading into 2025?
In the long term, we are dedicated to positioning ourselves as the top choice for businesses and playing a pivotal role in Vietnam’s transformation into a sustainable industrial hub on the global stage.
As we approach this critical period, we plan to sustain our investments in key identified markets while proactively advancing research and development to deliver innovative products and services that meet the evolving needs of our investors.
Additionally, KCN Vietnam’s leadership places great emphasis on closely monitoring global geopolitical dynamics and domestic investment trends. This enables us to craft adaptive strategies that respond effectively to market changes, safeguard investor interests, and optimise business operations.
All of these efforts align with our unwavering commitment to continuously enhancing the quality of our products and services. This commitment is grounded in a deep understanding of our customers, partners, and the ever-changing business environment, ensuring we remain a reliable and forward-thinking partner for sustainable industrial growth.
What will the development trend of the industrial real estate segment look like in 2025?
In our assessment, Vietnam will remain a highly attractive destination for foreign investment inflows next year, providing a crucial foundation for the continued robust growth of the industrial real estate market. With its strategic location, abundant workforce, and government-backed support policies, Vietnam is increasingly viewed by international investors as one of the most promising markets in the region.
At the same time, the market is entering a new phase of development, marked by growing demands for professionalism and modernisation. This evolution brings both opportunities and challenges for industrial developers. On one hand, the clearer legal framework is fostering a favourable business environment, unlocking new opportunities as more sectors, particularly manufacturing, technology, electronics, and semiconductors, invest in Vietnam.
On the other hand, the rising competition within the industrial real estate market is creating significant pressure for developers to innovate continuously, enhance service quality, and meet international standards. In addition, there is an increasing demand to elevate customer support and consulting services while staying agile and responsive to the unpredictable shifts of the global market.
In this context, the escalating unpredictability of global geopolitics highlights the need for businesses to stay constantly informed of emerging trends. However, it is not enough to simply stay updated, adaptability and agility in operations are essential.
Companies must not only mitigate risks but also create the foundation to capitalise on opportunities that arise even in challenging circumstances. This ability to turn adversity into an advantage will define the leaders of the next phase of Vietnam’s industrial development.
What plans does KCN Vietnam have to strengthen links with clients who rent warehouses and factories in its system to achieve high efficiency in sustainable development?
Strengthening partnerships with our clients to create multidimensional benefits while promoting sustainable development is one of our top priorities. Moving forward, we plan to host regular conferences and customer workshops, providing a platform for our partners to connect, exchange experiences, and share ideas for sustainable growth.
Additionally, we are seeking and attracting potential customers within the supply chain to establish a symbiotic ecosystem. By focusing on businesses that can complement and closely collaborate with one another, we aim to create a robust ecosystem that maximises resources and fosters mutual support for sustainable development.
We believe that a win-win approach is the key to long-term success, and we are committed to being a trusted partner, working hand-in-hand with our clients to achieve shared goals and drive sustainable progress together.
VIR
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