Van Nhue Industrial Cluster, Hung Yen province

Van Nhue Industrial Cluster was officially established under Decision No. 2103/QD-UBND dated December 9, 2025 issued by the Hung Yen Provincial People’s Committee. Prior to this, the project’s 1/500 detailed master plan had been approved under Decision No. 1848/QD-UBND dated June 28, 2017.

The total development timeline is 2 years from the date of establishment: Investment preparation phase: first 9 months, Infrastructure construction phase: from month 10 to month 24. Upon completion, the industrial cluster will be put into operation and commercial management.

I. Overview of Van Nhue Industrial Cluster

Van Nhue Industrial Cluster covers a total area of 52 hectares with a total investment capital of VND 482 billion, of which the investor’s equity contribution is VND 150 billion (accounting for 31.1%), and the remainder mobilized from other funding sources.

II. Location of Van Nhue Industrial Park

Located in one of Hung Yen’s most convenient transportation corridors, Van Nhue Industrial Cluster lies along Provincial Road 386 toward An Thi District, near Quan Bac Intersection and National Highway 5B (Hanoi – Hung Yen – Hai Duong – Hai Phong).

The project is close to the Hanoi – Hai Phong Expressway, a key logistics axis connecting Hanoi with northern seaports. The distance from National Highway 5B to the cluster is only about 12 km. Once the Tan Phuc – An Thi interchange of Expressway 5B is completed, transportation from the cluster to Hai Phong Port will be extremely convenient.

Boundaries:

• Northeast: paddy fields
• Southeast: paddy fields
• Northwest: new residential area and farmland; Tan Phuc – Vong Phan road
• Southwest: provincial road DT.386

Distance:

• Noi Bai International Airport: 40 km
• Hanoi city center: 28 km
• Hanoi – Hai Phong Expressway (5B): 5 km
• Hai Phong Port: 70 km
• Cai Lan Port (via National Highway 5): 90 km

III. Infrastructure of Van Nhue Industrial Cluster

Van Nhue Industrial Cluster is developed with a modern and synchronized technical and social infrastructure system.

Technical infrastructure

• Internal road system: Main internal roads with cross-sections from 16.5 m to 37 m
• Power supply: stable and continuous electricity supplied from Yen My Town Substation (110/22kV/35kV) with a capacity of 63 MVA
• Water supply: water plant with a capacity of 1,500 m³/day, using underground water sources. Water pipelines connected directly to each factory fence
• Drainage system: Separate systems for stormwater and wastewater (industrial & domestic). Stormwater collected via underground pipelines and discharged into internal canals
• Wastewater treatment: Central wastewater treatment plant with a capacity of 1,000 m³/day. Enterprises must pre-treat wastewater before discharging into the cluster’s common system
• Firefighting system: Fire hydrants installed along all internal roads
• Green spaces & environment: Approximately 13% of total land area allocated for green belts. Additional landscaping along roads and within factories to create a healthy and sustainable industrial environment

Social infrastructure & services

• Customs: Hung Yen Customs Office is located 6 km from the cluster. Sealing and customs clearance can be carried out directly at factories
• Banking: Commercial banks available in the vicinity of the industrial cluster
• Post office: An Thi Town Post Office is located right next to the cluster
• Healthcare: Hung Yen Provincial General Hospital (11 km away) provides modern healthcare services for employees

IV. Investment costs of Van Nhue Industrial Cluster

Investment costs at Van Nhue Industrial Cluster will be updated by RSL group in the near future.

V. Investment Incentives at Van Nhue Industrial Cluster

Enterprises investing in Van Nhue Industrial Cluster are entitled to various Vietnamese government incentives, including:

Corporate Income Tax (CIT)

• Preferential CIT rate of 10% for 15 years, plus 4 years tax exemption, 50% tax reduction for the following 9 years, applicable to projects in specially encouraged investment sectors. 
• Preferential CIT rate of 17%, plus 2 years tax exemption, 50% tax reduction for the following 4 years. Applicable to projects such as: high-grade steel production, energy-saving products, agricultural, forestry and fishery machinery, irrigation equipment, animal feed and aquaculture feed processing
• 2 years CIT exemption and 50% reduction for the following 4 years for new investment projects in the cluster.

Import Duty Incentives

• Exemption from import duties on goods imported to form fixed assets, in accordance with Vietnamese import–export tax regulations. Import duty exemption for machinery, equipment, vehicles, and materials used for fixed assets
• Import tax exemption or reduction for goods used for: investment promotion expansion, technology replacement or upgrading (if not yet domestically produced or not meeting domestic demand)

Foreign-Invested Enterprises (FDI)

• FDI enterprises producing mechanical, electrical and electronic components and parts are exempt from import duties on raw materials, supplies and components for 5 years from the start of production.
• FDI enterprises investing in specially encouraged sectors are also entitled to 5-year import duty exemptions for raw materials, supplies and components from the start of production.

This article highlights Van Nhue 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 today for detailed consultation on investment opportunities at Chau Giang II Industrial Park.

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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