Yen My II Industrial Park

Location: Hung Yen

Planned area: 313,5 ha

Land use term: 2018 - 2068

Leasable area: > 100 ha

Leasing price: Negotiation

Project highlights:

Yen My II Industrial Park asserts its position as one of the most attractive investment destinations in Hung Yen, thanks to the combination of Viglacera’s synchronized infrastructure and perfect connectivity. Located adjacent to National Highway 5A and the Hanoi – Hai Phong Expressway, the park minimizes transit times to Hai Phong seaports and Noi Bai Airport. A standout advantage of Yen My II is the availability of large-scale clean land plots in its expansion phase, along with international-standard power and wastewater treatment systems that meet the rigorous demands of multinational corporations. Furthermore, the presence of major investors such as Hoya and Mektec has fostered a robust supporting industrial ecosystem, enabling new enterprises to seamlessly integrate into the supply chain.

Site connection

Hanoi center (Capital of Vietnam): Only 30km from the center of Ha Noi capital (20 minutes by Car)
Road: Next to National Highway No.39, nearby Highway 5 (6km) and Expressway Hanoi - Hai Phong (1km).
Seaports: 75km from Hai Phong Seaport, 120km from Quang Ninh deepwater seaport
Airport: 55km from Noi Bai International Airport (60 minutes by Car)
Railway: Near by Lac Dao railway station (on Ha Noi-Hai Phong railway) 10km

Infrastructure situation

Construction: plan plots are available for factory construction.

Attraction fields

Electrical, electronic manufacture and assembly, mechanical; equipments and machinery manufacture; Production of consumption goods; …

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.

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

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 Yen My II 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:
- Normal hour: VND 1,611 /Kwh (equivalent to USD 0.073 /Kwh)
- Night hour: VND 1,044 /Kwh (equivalent to USD 0.047 /Kwh)
- Peak hour: VND 2,964 /Kwh (equivalent to USD 0.135 /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 0.47/m3) - Monthly payment. The volume is defined as 80% of supply water volume.
Non-hazardous waste collection and transportation charge: VND 450,000/m3 - Monthly payment
Charge of telephone, internet and other tele communication services: According to regulations of service providers at the consumption point of time

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.