Minh Hung – South Korea Industrial Park

Location: Dong Nai

Planned area: 392,28 ha (Phase I: 192,28 ha; Phase II: 200 ha)

Land use term: 50 years (2007 – 2057)

Leasable area: 10 - 20 ha

Leasing price: Negotiation

Project highlights:

Minh Hung – South Korea Industrial Park is strategically located in Minh Hung Commune, approximately 90 km from Ho Chi Minh City, with convenient access to National Highway 13 and the North–South Expressway, enabling efficient regional connectivity. Covering a total area of 1,500 hectares, the park is developed with modern Korean-standard infrastructure, including a stable 110kV power supply, 24/7 clean water system, advanced wastewater treatment facilities, and strong logistics connectivity. Investors benefit from attractive incentives, including Corporate Income Tax (CIT) exemption for the first 4 years and a 50% tax reduction for the following 9 years. The industrial park focuses on high-tech manufacturing and Korean R&D activities, attracting major corporations such as Samsung and LG. Target industries include electronics, precision engineering, and high-end textiles. With a green, clean environment, 24/7 security, and a strong FDI ecosystem, the park offers a competitive advantage for international investors seeking long-term industrial growth in Southern Vietnam.

Infrastructure situation

Internal Road Network
Main roads 4 lanes, branch roads 2 lanes, 30-ton load capacity, fully linked to QL13.
Utilities: Power & Water
Power: 22kV grid from EVN Binh Phuoc, delivered to factory fences.
Clean water: On-site groundwater (initial), later provincial plant connection; station 2km away.
Wastewater & Others
Wastewater: Centralized plant 10,000 m³/24h, Column A QCVN compliant.
Basic infrastructure complete, land ready for handover.

Attraction fields

Electronics, telecommunications.
Wire/cable manufacturing, processing machinery.
Stationery, chemicals, cosmetics production.
Recycling, solid waste treatment.
Specialized Permitted Industries
Textile dyeing, electroplating (pollution-controlled, excluding rubber processing and leather tanning).

Investment Incentives

Corporate Income Tax (CIT) Incentives
Preferential tax rate: 10% for 15 years (instead of the standard 20%).
Standard sectors/projects
2-year tax exemption, followed by a 50% reduction for the next 4 years.
High-tech projects (certified by the Ministry of Science and Technology):
4-year tax exemption, followed by a 50% reduction for the subsequent 9 years.
Import Duty Incentives
Import duty exemption applies to
Goods forming fixed assets of incentive-eligible investment projects.
Raw materials and components not yet produced domestically (subject to confirmation by the Ministry of Industry and Trade).
Goods used for manufacturing export products (in accordance with Article 16 of Law No. 107/2016/QH13).

Technical information

Building Density & Height
Max density: 60-70% (per lot/size), >20% green space in factory premises.
Factory height: Unlimited per production needs; ≥5m setback from fence.
Design Capacities
Power: 22kV EVN grid to factory boundaries.
Clean water: 7,300 m³/day.night from provincial Minh Hung-Dong No system.
Wastewater: 10,000 m³/24h centralized plant, QCVN Column A compliant.
Fire Safety
Fence ≤2.5m (solid 60cm base, iron bars + vines above); hydrants per TCVN.
Separate substations (40-60% density), green buffer isolation.

Related costs

Management & Wastewater Fees
Infrastructure management: 0.4 USD/m²/month.
Wastewater treatment: 0.28-0.3 USD/m³ (80% clean water volume).
Power & Water Prices
Electricity: 0.03-0.1 USD/kWh (per normal/off-peak/peak per EVN Binh Phuoc).
Clean water: 0.4 USD/m³.

Contact information

IPAVIETNAM
Hotline/Zalo/WhatsApp: +84-83-555-3388
WeChat ID: fdivietnam
E-mail: support@ipavietnam.org
Contact person:
Mr. Gia Bao, Investment Promotion Officer
Cell phone: +84-941898117
E-mail: bao.ipavietnam@gmail.com
Note: We only provide consultancy service and information on industrial parks, industrial clusters, ready built factories to enterprises or investors who contact us directly. We do not exchange information through brokers or other intermediary channels.