Bac Thuong Tin Industrial Zone, Hanoi City

Bac Thuong Tin Industrial Zone is an attractive destination for investors. Its strategic location, modern infrastructure, and favorable investment environment make this area stand out. It is a bright spot in Vietnam’s industrial investment.

Key Highlights

Strategic location, close to important economic and transport centers

Modern infrastructure, meeting the needs of businesses

Favorable investment environment, with many incentive policies from local authorities

Abundant and high-quality human resources, suitable for industrial sectors

Representative enterprises have chosen to invest here, creating an industrial ecosystem

Geographical Location of Bac Thuong Tin Industrial Zone

Bac Thuong Tin Industrial Zone is located in Bac Thuong commune, Thuong Tin district, Hanoi City. This advantageous location facilitates investment. The precise coordinates are 20°54’N 105°53’E.

Distance to Famous Tourist Attractions

From Bac Thuong Tin I.Z, it is easy to reach tourist destinations such as:

Thay Pagoda (approximately 20 km)
Bat Trang Ceramic Village (approximately 25 km)

This convenient location helps businesses easily connect with tourism, facilitating trade, entertainment, and relaxation. The geographical position of Bac Thuong Tin I.Z is an advantage, helping businesses easily connect with the economy, tourism, and culture.

Industrial Parks in Ha Noi

Scale and Modern Infrastructure

Bac Thuong Tin Industrial Zone spans up to 335 hectares, accommodating various production and business activities. The synchronized and modern infrastructure provides an effective working environment for businesses.

The infrastructure system includes:

Extensive internal road network, ensuring smooth traffic
Power, water, and telecommunications systems meet demand
Amenities such as office areas, warehouses, dining services…

Amenities	Description
Internal Roads	Wide transportation network, conveniently connected
Power and Water Supply	Fully meets production and business operational needs
Telecommunications	Modern telecommunications infrastructure for communication needs
Other Amenities	Office areas, warehouses, dining services…

The large scale and synchronized infrastructure help Bac Thuong Tin I.Z meet the needs of businesses. This lays the groundwork for long-term and sustainable development.

Development Potential of the Industrial Zone

Bac Thuong Tin I.Z has strong development potential. It stands out in important production sectors. The strategic location, modern infrastructure, and incentive policies make this area attractive.

Key Production Sectors

This industrial zone focuses on promising production sectors. These sectors include:

Production of electronic components
Production of machinery and equipment
Mechanical processing
Automobile assembly

Future Expansion Plans

Bac Thuong Tin Industrial Zone plans to expand and upgrade its infrastructure. This will create new investment opportunities and boost the development potential of Bac Thuong Tin I.Z in the future.

Sector	Expected Growth Rate
Production of Electronic Components	12% / year
Production of Machinery and Equipment	9% / year
Mechanical Processing	8% / year
Automobile Assembly	10% / year

Bac Thuong Tin I.Z is an attractive investment destination. It promotes the manufacturing sector within the industrial zone and contributes positively to the future expansion plans of Bac Thuong Tin I.Z.

Bac Thuong Tin I.Z is a promising destination. It was established in 2006. Many domestic and foreign enterprises have invested in this area, making it stand out.

This industrial zone has advantages in geographical location, modern infrastructure, and investment incentive policies. This contributes to the socio-economic development of Hanoi City.

Bac Thuong Tin I.Z is one of the bright spots in the industrial development plan of Hanoi City, with many potential and formidable competitive advantages.

In the future, Bac Thuong Tin I.Z will continue to develop, creating numerous opportunities for both domestic and international enterprises. This area will be a notable destination in Hanoi’s industrial landscape.

In summary, Bac Thuong Tin I.Z is a bright spot full of potential in Hanoi’s economy. It offers many advantages and opportunities for businesses looking to expand their operations.

Investment Environment and Incentive Policies

Bac Thuong Tin Industrial Zone, located in Hanoi City, offers a very favorable investment and business environment. The local government has implemented many tax, land, and infrastructure support policies. This helps attract many investors to this area.

Support Policies from Local Authorities

Exemption or reduction of corporate income tax for up to 10 years
Land price incentives, exemption or reduction of land rental fees for 4-11 years
Support for the construction and development of technical infrastructure
Facilitating investment procedures and licensing

Favorable Business Environment

The business environment in Bac Thuong Tin I.Z is very favorable. Enterprises enjoy infrastructure advantages, amenities, and high-quality services. Furthermore, they receive active support from local authorities.

Bac Thuong Tin I.Z is an ideal destination for investors, with a favorable business environment and attractive incentive policies from local authorities.

Advantages of Human Resources

Bac Thuong Tin Industrial Zone is located in the capital, Hanoi. This area has abundant and high-quality human resources. Companies here can easily find and recruit personnel with skills that meet their needs.

This industrial zone is close to universities, colleges, and training centers in Hanoi. With a population of 8 million, Hanoi provides a large pool of skilled labor. This meets the recruitment demands across various sectors, from technical to managerial.

The human resources in Bac Thuong Tin I.Z are abundant and of high quality, ready to meet the needs of businesses.
Enterprises can recruit personnel with qualifications suitable to the human resources advantage of Bac Thuong Tin I.Z.
The industrial zone is located in Hanoi with a skilled labor force from universities, colleges, and vocational training centers.

This is an important competitive advantage of Bac Thuong Tin I.Z, facilitating businesses in their recruitment and personnel development processes.

Representative Enterprises in the Industrial Zone

Bac Thuong Tin Industrial Zone is proud to be home to many representative enterprises, both domestic and foreign. Major names such as Samsung Electronics, LG Electronics, Panasonic, Foxconn, and Canon operate effectively here. They contribute significantly to the development of businesses in Bac Thuong Tin I.Z.

The strategic location, modern infrastructure, and attractive incentive policies have helped this industrial zone become an ideal destination. Representative companies such as Samsung, LG, and Panasonic have invested here. They leverage these advantages to expand their manufacturing and logistics operations.

Companies in Bac Thuong Tin I.Z like Foxconn and Canon also play a vital role. They provide high-quality technology products and electronic components. Their presence not only brings economic value but also enhances the reputation of the industrial zone.

Company	Area of Activity	Contribution to the Industrial Zone
Samsung Electronics	Electronics, home appliances	Large investment, creating many jobs
LG Electronics	Electronics, home appliances	Expanding operational scale
Panasonic	Electronics, home appliances	Contributing significant revenue and tax
Foxconn	Electronic components manufacturing	Creating many job opportunities
Canon	Office equipment manufacturing	Investing to expand factories

The presence of these representative enterprises brings economic benefits and promotes the development of the industrial zone. Bac Thuong Tin I.Z becomes a highly potential and attractive investment environment.

Role of the Industrial Zone in the Local Economy

Bac Thuong Tin Industrial Zone is crucial for the socio-economic development of Hanoi. It serves as a growth engine, enhancing production value and export capacity.

The contributions of Bac Thuong Tin I.Z to the local economy include:

Attracting investment and creating jobs: The industrial zone has attracted numerous enterprises, creating jobs for thousands of people.
Increasing industrial production value: Enterprises in the zone contribute to Hanoi’s industrial production value.
Promoting exports: Products from the industrial zone are exported abroad, improving the trade balance.

The contributions of Bac Thuong Tin I.Z have significantly boosted the socio-economic development of Hanoi.

Bac Thuong Tin I.Z is an essential link in the industrial production value chain of Hanoi, driving local economic growth.

Indicator	Year 2020	Year 2021	Year 2022
Total Investment Attraction (million USD)	120	150	180
Number of Jobs Created (thousand)	8	10	12
Export Value (million USD)	80	90	100

Cultural and Social Activities in the Industrial Zone

Bac Thuong Tin Industrial Zone not only focuses on production but also emphasizes cultural and social aspects. They organize numerous sports, cultural, and charitable events. This helps connect businesses with workers and creates a healthy playground for the community.

Companies here are very concerned about social responsibility. They sponsor and contribute to charitable activities. This not only helps the community but also enhances the image of the industrial zone.

The industrial zone also participates in environmental protection. They plant trees, collect trash, and ensure safety for workers. These efforts reflect social responsibility and create a positive environment for everyone.

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FAQ

Where is Bac Thuong Tin Industrial Zone located?
This industrial zone is located in Bac Thuong commune, Thuong Tin district, Hanoi. The precise coordinates are 20°54’N 105°53’E.

How far is Bac Thuong Tin I.Z from famous tourist attractions?
From here, investors can easily reach tourist spots such as the Ho Chi Minh Memorial Complex, as well as Thay Pagoda and Bat Trang Ceramic Village.

What is the scale and infrastructure like in Bac Thuong Tin I.Z?
This industrial zone covers an area of approximately 335 hectares. It has a modern infrastructure system, including roads, electricity, water, telecommunications, and other amenities.

What production sectors does Bac Thuong Tin I.Z focus on?
This industrial zone focuses on the production of electronic components, machinery, mechanical processing, and automobile assembly.

Does Bac Thuong Tin I.Z have plans for future expansion?
The management plans to expand and develop infrastructure to meet future business needs.

When was Bac Thuong Tin I.Z established?

This industrial zone was established in 2006, as part of Hanoi’s industrial development plan.

What incentive policies and favorable business environment does Bac Thuong Tin I.Z offer?
This industrial zone provides a favorable investment environment. The local government has various incentive policies regarding taxes, land, and infrastructure support.

What are the advantages of human resources in Bac Thuong Tin Industrial Zone?
This industrial zone benefits from abundant and quality labor in Hanoi. Enterprises find it easy to recruit personnel with suitable qualifications.

Which representative enterprises are operating in Bac Thuong Tin Industrial Zone?
This industrial zone attracts many large enterprises like Samsung, LG, Panasonic, Foxconn, and Canon. These companies operate effectively and contribute to the development of the industrial zone.

What role does Bac Thuong Tin I.Z play in the local economy?
This industrial zone is vital for the socio-economic development of Hanoi. It attracts investors, creates jobs, and increases production and export value.

What cultural and social activities are present in Bac Thuong Tin I.Z?
This industrial zone emphasizes culture and society by organizing sports, cultural events, and charitable programs regularly.