The project marks Vietnam’s first built-to-suit facility featuring a two-level cross-dock system, allowing fully independent traffic flows between floors to optimize logistics efficiency and cut parcel turnaround time.

Spanning 170,000 square meters in the Industrial Centre Yen My, the hub will have 158 docks connected to more than 700 sorting locations nationwide, with a processing capacity of up to seven million parcels per day.

SPX Express and Frasers Property Vietnam break ground on the sorting center in Hung Yen province, northern Vietnam, October 10, 2025. Photo courtesy of the companies.

“This project aligns perfectly with SPX’s strategic direction as Hung Yen continues to expand its multimodal logistics ecosystem,” said Quyen Tran, director of SPX Express Vietnam.

“Beyond leveraging the province’s strategic location, it is expected to contribute to local economic growth, creating more than 3,000 new jobs,” she added.

This is SPX’s second collaboration with Frasers Property Vietnam, following the 100,000-square-meter logistics center in southern Vietnam's Ho Chi Minh City, which together form a key link in SPX’s North-South logistics network.

Hung Yen and Thai Binh provinces were recently merged to form the new Hung Yen which borders Bac Ninh, Ninh Binh, Hanoi, Hai Phong, and the East Sea.

In May, the Trump Organization and local developer Kinh Bac broke ground on a $1.5 billion golf, eco-tourism, and urban complex in Hung Yen province.

The complex, named Trump International Hung Yen, is the first Trump-branded project in Vietnam. The mega project spans nearly 990.43 hectares across six communes in Khoa Chau district. Construction is scheduled to be completed by Q2/2029.

Following the provincial merger, Hung Yen province attracted $7 billion in registered investment capital in the first nine months of this year, according to local authorities. So far, the locality has had nearly 3,974 valid projects totaling $42 billion.