Minh Duc Industrial Park
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Geographical location
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▪ Located in Km32 National Highway 5 (Hanoi-Hai Phong);
▪ 35 km from the center of Hanoi (about 45 minutes by car);
▪ 58 km from Noi Bai International Airport (about 60 minutes by car);
▪ 65 km from Hai Phong port (about 65 minutes by car), 105 km from Quang Ninh port (about 100 minutes by car);
▪ 15 km from Lac Dao Railway Station (Ha Noi - Hai Phong).
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Location
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▪ Located in My Hao district, Hung Yen province.
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Planning map
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Planning area
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▪ Total planning area: 198 ha;
▪ Industrial land for lease: 138 ha.
▪ The leased area: 39 ha.
▪ The remaining area for lease: 99 ha.
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Land rental and service charges
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▪ Estimated land rental: Approximately US $ 60 m2 / year
▪ Other fees: According to the regulations of the IP
▪ Electricity fee: In line with the regulations of EVN.
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Term of land lease
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▪ To January 18, 2057.
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Field of investment attraction
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▪ Manufacture and assembly of electrical, electronic and refrigeration equipment; production of paper, packaging, ceramics; processing of agro-forestry and food; production of consumer goods; light industry.
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Infrastructure
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Currently, procedures for land recovery are being carried out and the infrastructure in the IP is being built.
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Social infrastructure and advantages
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▪Customs: Hung Yen customs – clearance station is located 7km away from the industrial park.
▪ Bank: The system of commercial banks is located near the IP.
▪ Post office: The district post office is about 4 km away from the industrial park, ready to meet the needs of enterprises in the industrial park.
▪ Hospital: My Hao district medical center (4 km away from the IP), Pho Noi General Hospital (10 km away from the IP).
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Investment incentives
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▪ 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.
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Investment attraction
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▪ The IP has received 6 foreign-invested projects and 25 domestic investment projects.
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Investor
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▪ Investor: VNT Infrastructure Development Investment Joint Stock Company.
- Address: Minh Duc Industrial Park, My Hao district, Hung Yen province.
- Tel: (+ 84-4) 9366.868; 9365.326
- Contact person: Mr. Phong
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banqlkcn.hungyen.gov.vn