Yen My Industrial Park

Geographical location 

▪ Adjacent to the new National Highway 39 A; 32km from Hanoi; 75 km from Hai Phong port, 118 km from Quang Ninh seaport.

Location

▪ Located in Yen My district, Hung Yen province.

Planning map 

Planning area

▪ 280 ha, industrial land area for lease is 204 ha.

▪ Industrial land area for lease: 131 ha, occupancy rate is 64%.

▪ The remaining industrial land area not yet leased: Approximately 73 ha.

Term of land lease

▪ Up to May 30, 2068

Field of investment attraction

* High-tech application; Manufacture of electrical equipment, electronics, computers and optical products; Manufacture of automobiles, motorcycles, machinery, equipment and products from prefabricated metal; Processing and preserving meat, vegetable and fruit products; Beverage production; manufacture of wood products; pharmaceuticals, cosmetics, paints, packaging; Services of Logistics.

Infrastructure

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

▪ Power supply: Power supply is stable.

▪ Water supply:  Provided by a clean water plant outside the IP.

▪ Waste water & 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 3 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 (4 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 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 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.

- 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

Investor

▪ Investor: Viglacera Yen My Industrial Park Development Joint Stock Company - Hung Yen.

- Address: Km 33, new road 39A, Lieu Xa commune, Yen My district, Hung Yen province.

- Contact person: Mr. Nguyen Anh Tuan - Director; Phone: 0932.309.888.