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Pho Noi A Industrial Park, Hung Yen Province

Pho Noi A Industrial Park, Hung Yen Province

With an open investment environment and favorable technical infrastructure, in recent years, Hung Yen province in general and Pho Noi A industrial park in particular have become “destination” for many foreign investors., typically: Japan, Korea, China, France, United States, Belarus…

Pho Noi A Industrial Park

Pho Noi A Industrial Park, Hung Yen Province
Pho Noi A Industrial Park, Hung Yen Province

I. Overview of Pho Noi A Industrial Park

RSL Group would like to introduce an overview of the Pho Noi A Industrial Park project as follows:

  • Name: Pho Noi A Industrial Park (Pho Noi A IP)
  • Location: Yen My, Van Lam districts and My Hao town, Hung Yen province
  • Area: 688,94 hectares
  • Occupancy rate: 85%
  • Operating term: 50 years (2004 – 2054)
  • Attractive industries: Manufacturing and assembling electrical, electronic, mechanical, automobile, and motorbike; production of steel and steel products; agricultural and food processing, pharmaceutical and cosmetic production, packaging and labeling; production of construction materials (excluding cement, clinker, bricks, tiles), composite materials, artificial flooring, flexible, super durable, super light materials; industrial gas production; Logistics…

 

Statistics show that, after nearly 20 years of operation, Pho Noi A Industrial Park currently has 196 domestic and international projects being invested here, including 83 FDI projects (mostly from foreign investors from Korea and Japan).

II. Location of Pho Noi A Industrial Park

 

Pho Noi A Industrial Park has an extremely strategic location, easily connecting and trading with outside areas. This industrial park is located next to Highway 5 and is planned to be located in Yen My, Van Lam districts and My Hao town, Hung Yen province. The large area allows this place to link and build many strategic infrastructures for production and business development.

Pho Noi A Industrial Park, Hung Yen Province
Pho Noi A Industrial Park, Hung Yen Province

Distance:

  • Located adjacent to Highway 5, near Highway 1A, Highway 18
  • To Hanoi city center: 24km
  • To Hai Phong Port: 75km
  • To Quang Ninh Deep Water Port: 120 km
  • To Noi Bai International Airport: 45km

III. Infrastructure in Pho Noi A Industrial Park

The entire technical infrastructure of Pho Noi A Industrial Park has now been completed synchronously and modernly, from internal traffic, electricity and water to the wastewater treatment system.

  • Transportation system: developed, flat terrain creates favorable conditions for circulation activities. The main road system is 24m wide and branch roads are 17m wide.
  • Water source: using local water supply system from the industrial park’s clean water plant with capacity of 15,000m3/day.
  • Power source: is provided continuously and stably through 02 110/22KV transformer stations with a capacity of 4x63MVA.
  • Wastewater treatment system: Using biological treatment technology, capacity of 6,000 m3/day, centralized treatment to meet environmental discharge standards as prescribed by law.
  • Fire prevention: Water supply system with fire hydrants are arranged along the industrial park roads, the distance between hydrants is 150m.
Pho Noi A Industrial Park, Hung Yen Province
Pho Noi A Industrial Park, Hung Yen Province

Social infrastructure and services:

  • Customs: Hung Yen Customs is currently headquartered about 4 km from the Industrial Park. All sealing and sealing procedures are carried out right at factories in the Industrial Park.
  • Banks: The system of banks (Vietcombank, Techcombank, ACB, Sacombank, Agribank, Bank for Investment and Development of Vietnam…) has a branch in Pho Noi, 1-2 km from the Industrial Park. Currently, some banks have placed ATM stations in the Industrial Park, quickly serving all requirements of businesses and workers in the Industrial Park.
  • Worker housing: The area near the industrial park has been planned to invest in construction and development of urban areas and housing areas, ensuring housing needs for industrial park workers.
  • Hospital: Pho Noi General Hospital (2km from the Industrial Park) is modernly planned and built to meet the needs of treatment and medical examination for Industrial Park workers.
Pho Noi A Industrial Park, Hung Yen Province
Pho Noi A Industrial Park, Hung Yen Province

IV. Investment incentives

Regarding corporate income tax:

  • Enjoy a tax rate of 10% for a period of 15 years and a tax exemption for 4 years, a 50% reduction in tax payable for the next 9 years for income from implementing new investment projects in a number of investment incentive fields according to the provisions of law on corporate income tax.
  • Enjoy a tax rate of 17% and a 2-year tax exemption, a 50% reduction in tax payable in the next 4 years for income from implementing new investment projects in a number of fields such as: High-grade steel production; production of energy saving products; manufacturing machinery and equipment for agricultural, forestry, fishery and salt production; production of irrigation equipment; Producing and refining animal feed, poultry, aquatic products…
  • Balanced with Enterprises implementing new investment projects in Industrial Parks.
Pho Noi A Industrial Park, Hung Yen Province
Pho Noi A Industrial Park, Hung Yen Province

Regarding import tax: Investment projects in industrial parks are exempt from import tax on imported goods to create fixed assets according to the provisions of the Law on export tax and import tax.

This is an article about Pho Noi A Industrial Park – an ideal investment location in Vietnam for domestic and international businesses, hoping to provide useful information to readers. For detailed advice on investment opportunities in Pho Noi A IP, contact us immediately via:

RSL Group – Comprehensive industrial real estate ecosystem
Hotline: 0912.94.93.93 – Ms. Thanh Ha
Website: https://www.rslgroup.vn/
Email: info@redsunland.vn

Source: redsunland.vn