Yen My II Industrial Park

Total area: 313,5 ha

Period: 2065

Leasable area: > 100 ha

Leasing price: Negotiation

Location: Hung Yen

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; …

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

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.