Tien Thanh Industrial Park

Location: Hai Phong City

Planned area: 410.46 ha

Land use term: 2022 - 2072

Leasable area: 30 - 50 ha

Leasing price: $90 - $100

Project highlights:

Tien Thanh Industrial Park offers a significant competitive edge with its abundant available land and highly competitive infrastructure rental costs at Hai Phong’s southern gateway. Strategically located with direct access to the coastal highway and the Hanoi – Hai Phong expressway, the project ensures rapid logistics connectivity to international seaports and airports. Another key advantage of Tien Thanh is its proximity to a vast local labor pool from An Lau district and surrounding areas like Vinh Bao and Thai Binh. Operating from 2022 - 2072, it serves as an ideal destination for supporting industries, mechanical engineering, and electronics manufacturing firms seeking long-term expansion opportunities backed by Hai Phong City’s attractive investment incentives.

Site connection

Situated along the coastal highway and in close proximity to the Hanoi - Hai Phong Expressway.
Distance to Seaports: Approximately 25 - 30 km from Hai Phong Port clusters.
Distance to Airport: Approximately 20 - 25 km from Cat Bi International Airport.

Infrastructure situation

Power Supply: Internal 110/22kV substation connected to the national power grid.
Water Supply: Dedicated clean water plant ensuring stable capacity for all industrial tenants.
Wastewater Treatment: Centralized wastewater treatment plant meeting Grade A discharge standards.
Internal Road System: Main roads (30m - 40m wide) and branch roads (25m wide) designed for heavy-duty container traffic.

Attraction fields

High-Tech Industries: Manufacturing of electronic components, semiconductor devices, and telecommunications equipment.
Mechanical Engineering: Precision mechanics, machinery manufacturing, and automotive parts (supporting industry).
Consumer Goods & Light Industry: High-end textiles, footwear, and food processing.
New Materials & Medical Devices: Production of composite materials and medical equipment.
Logistics & Supporting Services: Warehousing, distribution centers, and industrial support services.

Investment Incentives

Corporate Income Tax (CIT): Exemption for the first 2 years, 50% reduction for the following 4 years
Preferential CIT rate: ~10%–17% for 10–15 years depending on sector
Import duty exemption for machinery and equipment forming fixed assets
Land rent exemption/reduction during initial years depending on project scale and sector
Administrative support for licensing, investment procedures, and labor

Technical information

Construction density:
≤ 70% for industrial land plots
Factory height:
Typically up to 2–5 floors depending on detailed zoning plan
Green space ratio:
≥ 10% of total industrial park area
Building setback:
Minimum spacing between buildings: 4 m (long side), 3.5 m (gable side)

Related costs

Management fee: ~USD 0.5–1/m²/year
Ready-built factory rent: ~USD 3.5–5.5/m²/month
Electricity cost: ~USD 0.08–0.12/kWh
Water supply cost: ~USD 0.4–0.8/m³
Wastewater treatment fee: ~USD 0.3–0.6/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: +84-941-898-117
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.