Pho Noi A Industrial Park

Geographical location 

▪ Located in Km19 National Highway No. 5 (Hung Yen);

▪ 24 km from the center of Hanoi;

▪ 43 km from Noi Bai International Airport;

▪ 101 km from Dinh Vu Port, Hai Phong;

▪ 130 km from Quang Ninh sea port;

Location

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

Planning map 

Planning area

▪  Scale: 688.94 ha. In which, the area of industrial land for lease is 492.1 hectares.

▪ Industrial land area for lease: 448 ha, occupancy rate is 91%.

▪ The remaining industrial land area not yet leased: Approximately 44 ha.

Term of land lease

▪ To January 15, 2054.

Field of investment attraction

▪ Manufacturing and assembling components, electrical, electronic, refrigeration, optical, telecommunications equipment, new and high-tech products;

▪ Mechanical engineering; manufacture and assemble of automobiles, motorcycles, medical equipment, and other motorized machinery and equipment; manufacture of products from prefabricated metal, jewelry; production of corrugated iron, aluminum, steel;

▪ Food production and processing (excluding production of cassava flour, vermicelli, monosodium glutamate, sugar from sugar cane; processing aquatic products, seafood; slaughtering livestock and poultry), beverages;

▪ Producing products from paper, wood (excluding wood processing, wood chips from natural wood), plastic (excluding recycled plastic scrap), rubber, plastic, leather;

▪ Producing pharmaceuticals, cosmetics, packaging and labels; production of building materials (excluding cement, clinker, bricks, tiles), composite materials, artificial flooring, flexible, super-durable, ultra-lightweight materials; industrial gas production;

▪ Logistics service, factory for rent.

The reception of investment projects in the industrial zone must be consistent with the investment attraction orientation of Hung Yen province from time to time.

Infrastructure

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

▪Power supply: Power supply is continuous and stable through 03 110 / 22KV substations.

▪ Water supply: The industrial water plant is built with the capacity of 15,000 m3 / day and night. 

▪ Waste water and waste treatment: The wastewater treatment plant is built with a total capacity of 6,000 m3 / day and night. 

▪ Telephone & Internet:  Telecommunication systems meeting international standards are available to meet the needs of communications, high-speed data transfer and postal services domestically and internationally. The underground fiber optic cable system is directly connected to the fence of each enterprise.

▪ Internal traffic:  The internal road system is constructed with reasonable cross-sections ensuring easy and convenient movement to each factory. Lighting system is installed along the routes.

▪ Fire protection:  Water pipeline and hydrant systems are arranged along main roads of the whole industrial park. 

Social infrastructure and advantages

▪ Customs:  Hung Yen customs is located 4km away from the industrial park. The seal procedure is carried out at factories in the industrial park.

▪ Bank: Banking system (Techcombank, ACB, Vietcombank, Sacombank, Agribank, The Joint Stock Commercial Bank for Investment and Development of Vietnam  ...) has branches in Pho Noi, which are from 1 km to 2 km away from the industrial park. At present, some banks have set up ATMs in the industrial park to meet all demands of enterprises and workers in the industrial park.

▪ Housing for workers: The urban and residential areas have been planned and built near the IP, ensuring the housing demand for workers in the industrial park.

▪ Hospital: Pho Noi General Hospital (2km away from the IP) meets the needs of medical treatment and examination for workers in the IP.

Investment incentives

▪ Corporate income tax:

- To enjoy the highest tax rate of 5% for 37 years and be exempted from tax for 6 years, and have 50% reduction in tax payable for the next 13 years for income from implementing projects eligible for incentives and special investment support according to the provisions of law.

- 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 irrigational 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.

- Enterprises that expand production scale, increase capacity, and innovate production technology, if meeting the expansion investment criteria as prescribed, will enjoy corporate income tax incentives on additional income due to expansion investment equal to the tax exemption or reduction period applied to new investment projects in the same locality or field of corporate income tax incentives.

▪ 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

The IP has received 226 investment projects (101 FDI projects and 125 DDI projects), with a total registered investment capital of about 1,210 million USD and 26,850 billion VND. In which, there are many projects of investors from countries such as Japan, Korea, and the US such as: Canon Electronics INC, Hyundai, Lixil, Dorco, Carhill...

Investor

▪ Investor: Hoa Phat Hung Yen Industrial Parks Infrastructure Development Company Limited.

  - Address: 39 Nguyen Dinh Chieu, Le Dai Hanh Ward, Hai Ba Trung, Hanoi.

  - Tel: 024.39763889 Fax: 024.39763890;

 - Contact person: Mr. Cuong-0918 507 886.