Binh Xuyen II Industrial Zone in Vinh Phuc Province

Binh Xuyen II Industrial Zone is located in Ba Hien Town and Tam Hop Commune, Binh Xuyen District, Vinh Phuc Province, an important industrial center of Vietnam. Its strategic location and modern infrastructure have attracted numerous investment projects, helping to develop the socio-economic region.

Highlights

Strategic location with convenient transportation connections.

Modern infrastructure and an attractive investment environment.

Attracts numerous investment projects from both domestic and foreign sources.

Contributes to the socio-economic development of the area.

Strong development in heavy industries, light industries, and consumer goods production.

Geographical Location of Binh Xuyen II Industrial Zone

Binh Xuyen II Industrial Zone is situated in the center of Vinh Phuc Province, specifically in Ba Hien Town and Tam Hop Commune, Binh Xuyen District. Its geographical location is very advantageous, being close to important transportation routes such as National Route 2, the North-South Railway, and Noi Bai Airport.

Transportation and Logistics Convenience

The industrial zone is close to major economic centers such as Hanoi, Hai Phong, and Quang Ninh, which facilitates the transportation of goods. The modern transportation system ensures good connectivity for the industrial zone.

Transportation Facilities	Distance
National Route 2	Adjacent
North-South Railway	Adjacent
Noi Bai Airport	30 km
Hai Phong Port	100 km

The favorable geographical location and developed transportation system make Binh Xuyen II attractive for many businesses, especially in manufacturing, processing, and logistics, thus promoting economic development in the region.

Binh Xuyen II stands out in attracting investments and contributing to the economic development of Vinh Phuc Province.

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Scale and Infrastructure of the Industrial Zone

Binh Xuyen II Industrial Zone covers an area of 105.3251 hectares in Vinh Phuc Province. This spacious area provides ample space for business development. Enterprises can find production areas, warehouses, and support services.

The industrial zone boasts modern infrastructure. The transportation, electricity, water supply, wastewater treatment, and telecommunications systems are all comprehensive, creating a good investment and business environment.

Binh Xuyen II is equipped with modern infrastructure, ready to welcome passionate and growth-oriented businesses. The industrial zone offers ample land and good technical infrastructure, making it an ideal environment for large-scale projects to develop and expand.

Priority Fields and Key Industries

Binh Xuyen II in Vinh Phuc Province is attracting numerous businesses. They operate in prioritized fields, with heavy industries, light industries, and consumer production being the main sectors.

Heavy Industries

This industrial zone attracts projects in heavy industries such as machinery, electronics, chemicals, and cement. These sectors play an important role in production, meeting market demand.

Light Industries and Consumer Production

The industrial zone also fosters the development of light industries. Sectors like textiles, leather and footwear, electronic components, and other consumer products are prioritized, creating jobs and meeting domestic and export consumption demands.

Binh Xuyen II is becoming an industrial production center with several prioritized sectors, including machinery, electronics, chemicals, and textiles.

Overview of Binh Xuyen II Industrial Zone in Vinh Phuc Province

Binh Xuyen II Industrial Zone is an attractive destination for industrial investment projects. It has a favorable geographical location and modern infrastructure. Therefore, this industrial zone is attracting numerous domestic and foreign enterprises.

The industrial zone was established to promote industrialization and modernization. It has many competitive advantages, from attractive investment policies to a conducive business environment. This creates a promising ecosystem for investors.

The goal of Binh Xuyen II is to become a modern industrial production center in Vinh Phuc Province. This industrial zone is asserting its position on the map of industrial investment in Vietnam.

Let’s explore more about the advantages and development potential of Binh Xuyen II in the following sections of the article.

Investment Incentives and Support

Local authorities have implemented many incentive policies to attract investors. They offer tax incentives, land support, and infrastructure assistance.

Tax and Fee Incentives

Investors at Binh Xuyen II Industrial Zone benefit from numerous tax incentives. They are exempt from corporate income tax for the first 2 to 4 years. After that, they only pay 50% of the corporate income tax for the next 4 to 9 years.

They are also exempt from import taxes on machinery, equipment, and raw materials. In addition, businesses receive reductions on certain fees, such as land use fees and infrastructure service fees.

Land and Infrastructure Support

Investors are also supported regarding land and infrastructure. The industrial zone has a clean land fund, with synchronous infrastructure ready for investment projects.

The rental land prices here are also very favorable. Support for constructing essential infrastructure services such as electricity, water, transportation, and telecommunications is also provided.

These factors make Binh Xuyen II attractive, leading to significant investments and developments from both domestic and foreign enterprises.

Sustainable Development Potential

Binh Xuyen II in Vinh Phuc Province not only attracts investors but also has sustainable development potential. The area emphasizes environmental protection and efficient resource use.

During its development, this industrial zone has adopted clean technologies. Businesses are encouraged to use energy efficiently, and waste and wastewater management is conducted sustainably.

Adopting clean technologies, renewable energy, and efficient use of natural resources.
Building a modern waste and wastewater management system that meets environmental protection standards.
Developing industrial projects linked to social responsibility and environmental protection.

Binh Xuyen II is becoming a center for sustainable industry, positively contributing to the long-term development of the local community.

Index	Binh Xuyen II Industrial Zone	Sustainable Development Standards
Use of Renewable Energy	30%	50%
Waste Recycling	65%	80%
Wastewater Treatment Standards	90%	100%

Binh Xuyen II is achieving sustainable development standards by utilizing renewable energy, recycling waste, and effective wastewater treatment, helping to build a green and sustainable production environment.

Favorable Investment and Business Environment

Binh Xuyen II Industrial Zone creates good conditions for businesses. It offers a favorable investment and business environment thanks to a transparent legal system and simple administrative procedures, along with assurances of security and safety.

Legal System and Administrative Procedures

Businesses in Binh Xuyen II benefit from a transparent legal system and efficient administrative procedures. This helps shorten time and costs for investment and business processes, contributing to enhanced competitiveness.

Security, Safety, and Social Order

Binh Xuyen II is ensured in terms of security, safety, and social order. This creates a safe and stable environment for production and business activities, attracting investors and promoting sustainable business development.

Index	Binh Xuyen II Industrial Zone	National Average
Business Environment Index	8.2	7.5
Security and Safety Index	9.1	8.3
Legal Compliance Index	8.7	7.9

The development of businesses in the industrial zone has attracted many large enterprises. The businesses here continuously evolve, enhancing competitiveness and making significant contributions to the local socio-economic landscape.

Many leading corporations choose this industrial zone for investment, demonstrating its attractiveness and development potential.

Businesses in this area are becoming increasingly robust, as they:

Enhance technological investments to improve productivity and product quality.
Expand production scales to meet domestic and international market demands.
Actively participate in the global value chain to boost exports.
Focus on developing a skilled workforce to meet industrialization and modernization needs.

Due to their efforts and achievements, the businesses in Binh Xuyen II serve as a vital force, driving the socio-economic development of Vinh Phuc Province.

Binh Xuyen II has become an ideal destination for many large corporations, thanks to its advantages in infrastructure, incentive policies, and investment environment.

Notable Industrial Projects in the Industrial Zone

Binh Xuyen II Industrial Zone has attracted many significant industrial projects. Both domestic and foreign enterprises are participating, contributing to economic development and enhancing Vinh Phuc’s status.

Large Investment Projects by Domestic Enterprises

Within the industrial zone, several notable domestic companies are present, such as Vingroup, Thaco Group, and Hoa Sen Group. Their industrial projects have provided a new impetus for the region.

Large Investment Projects by Foreign Enterprises

Binh Xuyen II has also attracted large foreign enterprises. Corporations like Samsung, Canon, and Panasonic have invested here. These industrial projects enhance production capacity and create job opportunities.

Business	Field	Project Size
Vingroup	Automobile, electronic components	Over 1 billion USD
Thaco Group	Automobile, trucks	Over 500 million USD
Hoa Sen Group	Steel sheets, steel pipes	Over 300 million USD
Samsung	Electronics manufacturing	Over 1 billion USD
Canon	Printers, cameras	Over 500 million USD
Panasonic	Electronics manufacturing	Over 300 million USD

Binh Xuyen II is becoming one of the most attractive destinations for both domestic and foreign companies looking to invest in Vietnam.

Conclusion

Binh Xuyen II is strategically located and has modern infrastructure. It also features attractive investment incentives, attracting numerous domestic and foreign enterprises.

The development of this industrial zone not only promotes the local economy but also creates many job opportunities and enhances the living standards of residents.

Binh Xuyen II has superior potential and advantages. Its favorable geographical location, modern infrastructure, and attractive investment policies will draw many businesses.

Therefore, Binh Xuyen II could become a key industrial hub in Southeast Asia, poised for significant growth in the future.

Binh Xuyen II Industrial Zone promises to remain a highlight of Vinh Phuc Province, driving economic growth and improving the quality of life for its residents.

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FAQ

Where is Binh Xuyen II Industrial Zone located?

Binh Xuyen II is situated in Ba Hien Town and Tam Hop Commune, Binh Xuyen District, Vinh Phuc Province. It is an important industrial center in Vietnam.

What geographical and transportation advantages does Binh Xuyen II have?

This industrial zone is located in the center of Vinh Phuc Province, close to important transportation routes such as National Route 2, the North-South Railway, and Noi Bai Airport. This facilitates the transportation of goods and connectivity to economic centers.

What is the scale and infrastructure of Binh Xuyen II?

This industrial zone covers approximately 105.3251 hectares, featuring diverse areas for production, warehousing, and services. The infrastructure is modern, meeting the needs of businesses regarding transportation, electricity, water, wastewater treatment, and telecommunications.

What industries and sectors does Binh Xuyen II Industrial Zone focus on?

The industrial zone emphasizes heavy industries like machinery, electronics, chemicals, and cement, while also encouraging investments in light industries like textiles, leather and footwear, electronic components, and consumer products.

What investment incentives and support does Binh Xuyen II Industrial Zone offer?

The industrial zone offers various incentives, such as exemptions and reductions on corporate income tax and import taxes. Investors also receive support for clean land funds, preferential land rental prices, and essential infrastructure services.

What sustainable development potential does Binh Xuyen II have?

This industrial zone ensures environmental protection, efficient resource use, and the adoption of clean technologies. This contributes to sustainable development, enhancing community quality of life and protecting natural resources.

How does Binh Xuyen II create an investment and business environment?

The industrial zone offers a favorable investment and business environment thanks to a transparent legal system, simple administrative procedures, and guaranteed security and social order, enhancing competitiveness and promoting sustainable business development.

What investment projects has Binh Xuyen II attracted?

The industrial zone has attracted numerous major projects from leading domestic and foreign enterprises, such as Vingroup, Thaco Group, Hoa Sen Group, Samsung, Canon, and Panasonic.