Geographical location 

adjacent to the intersection of National Highway 5 (Hanoi - Hai Phong) and National Highway 39; About 28 km from Hanoi (about 35 minutes by car); 50 km from Noi Bai International Airport, (about 50 minutes by car),  73 km from Haiphong port (about 70 minutes by car), 115 km from Quang Ninh deep water seaport (about 110 minutes by car)

Location

▪ Located in Yen My and My Hao districts, Hung Yen province.

Planning map 

Planning area

▪ Total planning area: 121.82 ha;

▪ Industrial land for lease: 93 ha.

▪ The leased area: 60 ha, accounting for 64% of industrial land for lease.

▪ The remaining area for lease: about 33 ha.

Land rental and service charges

▪ Land rental: US $ 70-75 / m2 for land with full of infrastructure, depending on lot location and area.

▪ Management fee: 11,120 VND / m2 / year (equivalent to US $ 0.5 / m2 / Year).

▪ Electricity fee: in line with the regulations of EVN.

▪ Water fee: 10,000 VND / m3 (equivalent to US $ 0.45 / m3 / Year).

▪ Waste water treatment fee: 13,000 VND / m3 (equivalent to US $ 0.6 / m3 / year).

Term of land lease

▪ To October 6, 2053.

Field of investment attraction

▪ Textile and garment industry, mechanics, electronics, chemicals, pharmaceuticals, consumer goods. Priority is given to industries that require industrial wastewater treatment.

Infrastructure

▪ Constructional site: The ground has been already prepared for plant construction.

▪ Power supply: Hung Yen power company supplies 22KV source with the frequency of 50HZ, which is dedicated to industrial production.

▪ Water supply: The industrial water plant is built with the capacity of 8,500 m3 / day and night. The water supply system is connected to the fence of each enterprise.

▪ Drainage: Rainwater and waste water drainage systems are arranged separately, which are treated and discharged in accordance with the current regulations of the state.

▪ Waste water and waste treatment: The wastewater treatment plant which is built with a total capacity of 10,000 m3 / day and night,  is provided by the Netherlands and installed in accordance with European Standard II.

▪ Telephone & Internet: Modern information system meets international standards, responding quickly all requirements of domestic and foreign communication services.

▪ Internal traffic:  The main road is a 7.5m x 2 double road, with 8m of trees on each side; the center divider is 2 meters wide. The sidewalk on each side is from 8m to 9m wide. The side - line is 11.25m wide with the sidewalk on each side of 6m width.

▪ Fire protection:  Fire brigade works 1km away from the IP; water pipeline and hydrant systems are arranged along main roads and branches of the whole industrial park.

▪ Greenery, water surface:  The green space accounts for 10.11%, in accordance with current regulations.

Social infrastructure and advantages

▪ Customs: Hung Yen customs - clearance station is about 1 km away from the IP, facilitating enterprises to carry out import, export and seal procedures…...

▪ Bank: Asia Commercial Joint Stock Bank, The Joint Stock Commercial Bank for Investment and Development of Vietnam , Joint Stock Commercial Bank for Foreign Trade of Vietnam , Saigon Thuong Tin Commercial Joint Stock Bank, Vietnam Technological and Commercial Joint Stock Bank…… are from 1 to 2 km away from the IP.

▪ Post office: My Hao post office is 1km away from the IP, ready to meet the needs of enterprises in the industrial park.

▪  Housing for workers: The housing area for workers covers an area of 6.56 hectares, meeting the demand of about 10,000 workers

▪ Hospital, clinic:

- Medical center is located in the IP;

- Pho Noi General Hospital (2km away from the Industrial Park).

Investment incentives

▪ Corporate income tax:

- To enjoy a tax rate of 10% within 15 years and a tax exemption for 4 years, a 50% reduction of the payable tax amount for 9 subsequent years, for income from the implementation of new investment projects in a number of preferential investment fields in accordance with the law on enterprise income tax.

- To enjoy a tax rate of 17% and a tax exemption for 2 years, a 50% reduction of the payable tax amount for 4 subsequent years, for income from the implementation of new investment projects in a number of fields such as high-grade steel production; production of energy-saving products; production of machinery and equipment servicing for agricultural, forestry, fishery and salt production; production of irrigation equipment; production and refining of animal feed, poultry, seafood.....

- Corporate income tax is exempted for 2 years and to reduce 50% of payable tax amount for 4 subsequent years for enterprises implementing new investment projects in the IP.

▪ Import tax: Investment projects in the IP are exempted from import tax on imported goods to create fixed assets in accordance with the Law on Export and Import Duties.

Investment attraction

▪ By the end of the first quarter of 2017, the IP has received 31 investment projects, including 17 foreign – invested projects and 14 domestic investment projects with total registered capital of US $ 122 million and 1,256 billion VND. Many projects come from foreign investors such as Japan, Korea, China, and Italy.

Investor

▪ Investor:  Pho Noi Textile and Garment Infrastructure Development Joint Stock Company.

- Address: Pho Noi Textile and Garment Industrial Park, Lieu Xa Commune, Yen My District, Hung Yen Province.

- Tel: 0321.3972520 Fax: 0321.3972540

- Website: vinatexid.com.vn

- Email: vinatexid@gmail.com

- Hottline: (+84) 123 7047777.