Thinh Minh Industrial Park, Phu Tho province

Thinh Minh Industrial Park received approval for its 1/2,000 Subdivision Planning under Decision No. 1456/QĐ-UBND dated June 13, 2025 issued by the People’s Committee of Hoa Binh province. The project was subsequently granted investment policy approval and investor approval under Decision No. 152/QĐ-UBND dated June 27, 2025 by the People’s Committee of Hoa Binh Province.

I. Overview of Thinh Minh Industrial Park

With a total investment of VND 4,365 billion, Thinh Minh Industrial Park covers 429.5 hectares, including 182.97 hectares in Phase 1 and 246.53 hectares in Phase 2.

Below is an overview of Thinh Minh Industrial Park (IP) by RSL Group:

II. Location of Thinh Minh Industrial Park

Thinh Minh Industrial Park enjoys direct connectivity to Hoa Lac Hi-Tech Park via the Hoa Lac – Hoa Binh Expressway, providing convenient access to downtown Hanoi, Noi Bai International Airport, and Vietnam’s major seaports. The project will also benefit from key infrastructure developments, including the expansion of the expressway to six lanes, Metro Line 5 (Van Cao – Hoa Lac), Hanoi Ring Road 5, and the Ho Chi Minh Road, strengthening north-south regional connectivity.

In addition, the park occupies a strategic riverside location along the Da River and includes plans for an inland river port (general cargo port), creating a unique logistics advantage through multimodal waterway connections linking the Da River, Red River, and Hai Phong Port.

Boundaries

• North: Adjacent to agricultural land and residential areas of Thinh Minh Commune and Khanh Thuong Commune (formerly Ba Vi District)
• South & East: Adjacent to agricultural land and residential areas of Thinh Minh Commune
• West: Adjacent to Provincial Road DT445

Transportation connectivity

• 7 km to the Hanoi – Hoa Binh Expressway
• 7 km to Hanoi Ring Road 5
• 7 km to the future Van Cao – Hoa Lac Metro Station
• 22 km to Hoa Lac Hi-Tech Park
• 22 km to the Ho Chi Minh Road
• 45 km to downtown Hanoi
• 50 km to Phu Tho City
• 80 km to Noi Bai International Airport
• 145 km to Hai Phong Port

III. Infrastructure of Thinh Minh Industrial Park

Thinh Minh Industrial Park is master-planned with modern infrastructure that integrates ESG principles and targets Eco-Industrial Park (ECO-IP) standards.

• Internal transportation: Main boulevards: 54–64 m wide with four traffic lanes, secondary roads: 28–36 m wide with four lanes, extensive landscaped green corridors throughout the park
• Power supply: National grid power supplied via a 110kV substation, 22kV distribution network with an initial capacity of 126 MVA, expandable by an additional 103 MVA, looped underground/overhead distribution system, integration of renewable energy sources
• Clean water supply: Phase 1: Water supplied by Phu Minh Water Supply JSC, Phase 2: Construction of a dedicated water treatment plant with an initial capacity of 15,000 m³/day, expandable to 20,000–30,000 m³/day, utilizing surface water from the Da River and designed in accordance with WHO standards
• Drainage system: 21.89 hectares of canals and retention lakes combined with flood pumping stations to provide efficient stormwater drainage, flood prevention, and water level regulation.
• Wastewater treatment: Centralized wastewater treatment plant with a total capacity of 12,000 m³/day, Phase 1: Two treatment modules of 3,000 m³/day each, Phase 2: Two additional treatment modules of 3,000 m³/day each. All wastewater will be collected and treated at the centralized technical infrastructure area.
• Fire protection: National-standard fire protection system operating 24/7.
• Telecommunications: International-standard telecommunications infrastructure supported by a digital operations center and AI-based management technologies.
• Other facilities: Intelligent 24/7 security monitoring system.

IV. Investment costs in Thinh Minh Industrial Park

Investment costs at Thinh Minh Industrial Park will be updated by Redsunland as official information becomes available.

V. Investment incentives in Thinh Minh Industrial Park

Enterprises investing in Thinh Minh Industrial Park are entitled to the following incentives:

• Special land lease incentives for early investors, offering discounts of 15–30% compared to prevailing market rates.
• Land rental exemptions for 10–15 years.
• Customized infrastructure development tailored to the needs of investors from South Korea, Japan, China, and other international markets.
• Comprehensive investment support services, including assistance with investment procedures and administrative formalities in Phu Tho Province.
• Commitment to environmental protection and sustainable industrial operations within the park.
• Stable electricity and water service charges in accordance with government-regulated tariffs, with priority given to manufacturing enterprises.

This article highlights Thinh Minh Industrial Cluster as a prime investment location for both domestic and international businesses. We believe this information from RSL Group is valuable to our readers.

Discover more about potential IPs/ICs in Vietnam here.

VI. RSL Group – leading investment consulting firm

When a business enters the stage of expanding production or building a new factory, there are numerous factors to consider – from selecting the right location, evaluating technical infrastructure, rental costs, and legal procedures to managing logistics, workforce, and supply chain efficiency.
Partnering with a professional consulting firm from the very beginning helps investors save time, costs, and resources while minimizing potential risks.
With nearly 4 years of experience successfully facilitating over 300 DDI and FDI projects totaling more than USD 4 billion in investment capital, Redsunland (a member of RSL Group) has become one of the leading investment consulting firms in Vietnam’s industrial real estate sector.
Thanks to its comprehensive service ecosystem and team of highly experienced consultants, investors partnering with RSL Group benefit from exceptional advantages:

• Access the most competitive prices in the market, along with attractive investment incentive policies.

• Negotiate directly with industrial park developers on behalf of investors regarding pricing, procedures, and all investment-related matters, while assisting in resolving legal issues and supporting factory design and construction.

• Offer financial solutions with funding packages covering up to 80% of land and machinery value and 100% of factory and working capital costs.

👉 Contact RSL Group for detailed consultation on investment opportunities at Xuan Kien Industrial Park: Free consultation registration form

RSL Group – Comprehensive investment promotion solutions

Selecting the appropriate consulting partner is crucial for a successful investment in Vietnam. RSL Group, with an experienced team, extensive property portfolio, and comprehensive service ecosystem, is dedicated to providing optimal investment solutions for our clients.

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