The Industrial Park No.5

Geographical location

Adjacent to the road connecting Hanoi - Hai Phong Expressway and Gie Bridge - Ninh Binh Expressway; about 3 km from the intersection to Hanoi - Hai Phong highway, about 35 km from Hanoi center, 50 km from Noi Bai airport, 75 km from Hai Phong port, 120 km from Quang Ninh sea port.

 

Location

Located in An Thi and Kim Dong districts, Hung Yen province.

Planning map

Planning area

192.64 ha, industrial land for lease is 143 ha.

▪ Industrial land area for lease: 42 ha, occupancy rate: 29%.

▪ The remaining unleased industrial land area: About 101 ha.

Term of land lease

To August 18, 2071

Field of investment attraction

Electronics, precision mechanics; light industry, other production and business industries in accordance with the industrial development planning of Hung Yen province

Infrastructure

Social infrastructure and advantages

▪ Banks: The system of banks is located near the industrial park.

▪ Hospitals: Some provincial hospitals are near the industrial park, meeting the needs of treatment and medical examination and treatment for workers in the industrial park.

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.

Investor

- Investor: Yen My Industrial Park Investment Joint Stock Company.

- Address: No. 63 Tran Duy Hung, Trung Hoa, Cau Giay, Hanoi, Vietnam.

- Contact person: Mr. Nguyen Tuan – 0977.865.455; Position: Director.