Pho Noi Textile and Garment Industrial Park

Geographical location 

It borders the intersection area between the National Highway No. 5 and the National Highway No. 39;

- 28 km from Hanoi, 50 km from Noi Bai airport, 73 km from Hai Phong seaport, 115 km from Quang Ninh deep sea port

Location

▪ Located in Yen My district, My Hao town, Hung Yen province.

Planning map 

Planning area

Scale: 121.81 hectares, of which the area of industrial land for rent is 93 hectares; occupancy rate is 100% .

Term of land lease

▪ To October 6, 2053.

Field of investment attraction

Light industry, garments, consumer goods; mechanical industry, chemicals, electronics, food processing industry, and pharmaceuticals.

Infrastructure

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

▪Power supply: Power supply is stable at 20,000 KVA.

▪ Water supply: The industrial water plant is built with the capacity of 12,000 m3 / day and night. 

▪ Waste water and waste treatment: The wastewater treatment plant is built with a total capacity of 10,000 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 1 km 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 63 investment projects (32 FDI projects and 31 DDI projects), with a total registered investment capital of about 516 million USD and 3,008 billion VND. In which, there are many projects of investors from countries such as Japan, China, and Italia...

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;

  - Contact person: Mr. To Cuong - Deputy General Director; Phone: 0983.470.683.