Minh Quang Industrial Park

Geographical location 

▪ Located in Km32 National Highway 5 (Hanoi - Hai Phong);

▪ 35 km from the center of Hanoi;

▪ 58 km from Noi Bai International Airport;

▪ 65 km from Hai Phong port, 105 km from Quang Ninh port.

Location

▪ Located in My Hao town, Hung Yen province.

Planning map 

Planning area

▪ Scale: 150 ha. In which, the area of industrial land for lease is 111.35 ha.

▪ Industrial land area for lease: 46.5 ha, occupancy rate is 40.4%.

▪ The remaining industrial land area not yet leased: Approximately 64 ha.

Term of land lease

▪ Up to March 11, 2058

Field of investment attraction

▪ Electrical, electronic, refrigeration, mechanical, agro-forestry product processing industry, food, high-grade building materials, packaging industry, consumer goods production, light industry and other clean industries. 

Infrastructure

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

▪ Power supply: stably provided.

▪ Water supply: The industrial water plant is built with the capacity of 5,500 m3 / day and night.

▪ Waste water and waste treatment: The wastewater treatment plant is built with a total capacity of 2,000 m3 / day and night.

▪ Telephone & Internet: The telecommunications system meets international standards and always available to meet the needs of telecommunications, high-speed data transmission and domestic and international postal services. The underground fiber optic cable system is directly connected to the fence of each enterprise.

▪ Internal traffic:  The system of internal roads is built with a reasonable cross-section, ensuring means of transportation going to each factory easily and conveniently. Lighting systems are installed along the roads.

▪ Fire protection: The water supply system with fire hydrants is arranged along the roads of the Industrial Park. 

Social infrastructure and advantages

▪ Customs: Hung Yen Customs is currently headquartered about 6 km from the Industrial Park. All sealing and lead clamping procedures are carried out right at the factories in the Industrial Park.

▪ Bank: The system of banks (Vietcombank, Techcombank, ACB, Sacombank, Agribank, Bank for Investment and Development of Vietnam...) is located near the Industrial Park.

▪ Hospital: Pho Noi General Hospital (10 km away from the Industrial Park) is modernly planned and built to meet the needs of medical examination and treatment for workers in 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

Investor

▪ Investor:  Vietnam Investment Development Group Joint Stock Company.

- Address: Minh Duc IP, My Hao town, Hung Yen province.

- Contact person: Mr. Nguyen Minh Huan; Phone: 0989.768.586.