Conditions for Establishing a Company in HCMC Industrial Parks in 2026

Ho Chi Minh City remains one of Vietnam’s leading industrial and logistics hubs, attracting both domestic and foreign investors. With a well-developed network of industrial parks, the city offers significant opportunities for manufacturing, logistics, supporting industries, and high-tech projects.

However, businesses planning to establish operations within an industrial park (IP) in Ho Chi Minh City must comply with several legal and investment requirements.

1. Business Activities Must Be Compatible with Industrial Park Planning

Not all business sectors are permitted within industrial parks.

Industrial parks in Ho Chi Minh City generally prioritize:

• Manufacturing and processing industries
• Mechanical engineering
• Electronics and semiconductors
• Medical equipment manufacturing
• Supporting industries
• Logistics and warehousing
• High-tech industries
• Food processing

Before establishing a company, investors should verify whether their intended business activities align with the industrial park’s approved development plan.

2. A Legal Business Location Is Required

Investors must secure a lawful operating location within the industrial park, such as:

• Industrial land lease agreement
• Ready-built factory lease agreement
• Warehouse lease agreement
• Office lease agreement (where applicable)

These documents are essential for investment registration and company incorporation procedures.

3. Capital Requirements

Vietnamese law does not impose a general minimum capital requirement for most manufacturing projects.

However, authorities may assess:

• Factory size
• Production capacity
• Number of employees
• Investor’s financial capability

For foreign-invested enterprises (FDI), supporting documents typically include:

• Audited financial statements
• Bank balance confirmation
• Parent company financial support commitment (if applicable)

4. Investment Procedures for Foreign Investors

Step 1: Obtain an Investment Registration Certificate (IRC)

Investment applications for projects located in industrial parks are generally submitted to the Industrial and Export Processing Zones Authority of Ho Chi Minh City (HEPZA).

Step 2: Obtain an Enterprise Registration Certificate (ERC)

After receiving the IRC, investors proceed with company incorporation under Vietnam’s Enterprise Law.

5. Additional Compliance Requirements

Depending on the industry, businesses may need to complete additional procedures related to:

Environmental Compliance

• Environmental registration or environmental permits
• Wastewater and waste treatment systems

Fire Prevention and Fighting (FPF)

• Fire safety design appraisal
• Fire safety acceptance inspection

Construction Compliance

• Construction permits (if building a factory)
• Construction completion procedures

6. Major Industrial Parks in Ho Chi Minh City

Some of the most prominent industrial parks include:

• Tan Thuan Export Processing Zone
• Hiep Phuoc Industrial Park
• Le Minh Xuan Industrial Park
• Tay Bac Cu Chi Industrial Park
• Dong Nam Industrial Park

Each industrial park has its own investment orientation and targeted industries, making location selection an important strategic decision.

Conclusion

Establishing a company in a Ho Chi Minh City industrial park in 2026 requires careful preparation of investment documents, financial evidence, and legal compliance procedures. Choosing the right industrial park and understanding applicable regulations can significantly shorten project implementation timelines and reduce investment risks.

Reference Sources

• Investment Law 2020
• Enterprise Law 2020
• Decree No. 31/2021/NĐ-CP
• HEPZA Official Website
• National Business Registration Portal