Pho Noi A Industrial Park

Location: Hung Yen

Planned area: 688,94 ha

Land use term: 2054

Leasable area: > 100 ha

Leasing price: Negotiation

Site connection

Hanoi center (Capital of Vietnam): Only 24km from the center of Ha Noi capital - National economic, political and administrative center (30 minutes by Car)
Road: Next to National Highway No.5, nearby Highway 1A and Highway 18.
Seaports: 75km from Hai Phong Seaport, 120km from Quang Ninh deepwater seaport
Airport: 45km from Noi Bai International Airport (45 minutes by Car)
Railway: Next to Lac Dao railway station (on Ha Noi-Hai Phong railway)

Infrastructure situation

Construction plan: Plots are available for factory construction

Investment Incentives

Corporate Income Tax (CIT):
+) New investment or extended projects in industrial parks shall be exempted from CIT for a period of 2 (two) years and shall be entitled to a 50% reduction of the amount of CIT payable for a period of 4 subsequent years.
+) Corporate Income Tax rate is 20%

Value Added Tax (VAT)
Exemption from Value Added Tax on:
+ Equipment, machinery and materials not yet produced domestically need to be imported and directly used for scientific researches and technology development

Related costs

Infrastructure rental price: Depending on rent plot's position and area
Annual Land rental: stipulated by Hung Yen People's Committee for the Lot at the time of payment (currently Pho Noi A Industrial Park is exempted)
Charge of infrastructure management & maintenance: VND 13,800/m²/year (equivalent to USD 0.6/m²/year) - (payment: every year)
Power consumption charge:
(1) - Normal hour: VND 1,611/Kwh (equivalent to USD 0.07 /Kwh)
(2) - Night hour: VND 1,044 /Kwh (equivalent to USD 0.045 /Kwh)
(3) - Peak hour: VND 2,964 /Kwh (equivalent to USD 0.13 /Kwh)

Water consumption charge: VND 13,000/m3 (equivalent to USD 0.56/m3) - Monthly payment.
Waste water consumption charge: VND 11,000/m3 (equivalent to USD 0.48/m3) - Monthly payment. The volume is defined as 80% of supply water volume.
Charge of telephone, internet and other tele communication services: According to regulations of service providers at the consumption point of time