Asipovichy (Асiповiчы; Осиповичи; Łacinka: Asipovičy) is a town in Mahilyow Voblast, Belarus, located 136 km south west of Mogilev, 3 km north of the Minsk-Homyel expressway. It is located at the junction of railway lines between Minsk, Homel, Mahilyow (Mogilev) , and Baranavichy. The population is 35,200.

The active industries of Asipovichy include machine building, building materials, food production and light and wood processing. It is home to the hydro-electric power plant on the Svislach River.

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