Tho Hoang Industrial Park in Hung Yen Province

Tho Hoang Industrial Park in Hung Yen Province is a bright spot in Vietnam’s industrial landscape. Its strategic location, modern infrastructure, and attractive investment incentives make this industrial park appealing. Numerous investors, both domestic and international, are seeking out this location. This industrial park is designed to become a dynamic industrial production hub, promising to bring numerous development opportunities for businesses in Hung Yen.

Key Highlights:

  • Tho Hoang Industrial Park is one of the highlights of Vietnam’s industrial sector.
  • Strategic location, modern infrastructure, and attractive investment incentives.
  • Becoming a dynamic industrial production center in Hung Yen Province.
  • Providing many development opportunities for local businesses.
  • An ideal destination for both domestic and foreign investors.

Geographical Location of Tho Hoang Industrial Park

Tho Hoang Industrial Park is located in Van Du Commune, Xuan Truc Commune, Quang Lang Commune, and An Thi Town, An Thi District, Hung Yen Province. It is strategically positioned, providing easy access to major cities.

Convenient Distance

It is only 40 km from the capital city, Hanoi, and about 120 km from Hai Phong City. This allows businesses to easily access markets, transport goods, and source raw materials.

With its geographical advantage, Tho Hoang I.P allows businesses to reach major economic centers across the country conveniently.

Due to its advantageous location, Tho Hoang I.P is attracting numerous investors from both domestic and international markets.

Vị trí địa lý tỉnh Hưng Yên

Vị trí địa lý tỉnh Hưng Yên

 

History of Development

The development process of Tho Hoang Industrial Park has achieved many successes. Modern infrastructure has been continuously improved, creating favorable conditions for business operations.

Tho Hoang I.P is increasingly affirming its position as an important industrial production center in Hung Yen Province.

Through continuous efforts, Tho Hoang I.P has reinforced its position, contributing not only to local economic growth but also creating employment opportunities for residents.

Scale and Development Potential

Tho Hoang I.P in Hung Yen Province attracts many investors due to its large area and high development potential. The park covers a total area of 250 hectares.

This area is therefore becoming a major industrial center in Hung Yen Province.

Core Industries

Tho Hoang I.P has the following core industries:

  • Automotive manufacturing and components
  • Electronic components production
  • Garment manufacturing
  • Rubber and plastic products manufacturing

Due to the diversity and scale of these industries, Tho Hoang I.P is an ideal destination for investors looking to capitalize on Hung Yen Province’s development potential.

Modern Infrastructure System

Tho Hoang Industrial Park in Hung Yen Province has been built with modern and comprehensive technical infrastructure, fully meeting the production needs of businesses within the park.

Well-Connected Transportation System

The industrial park features an extensive internal traffic network, including main and branch roads within the park. It also connects conveniently with nearby highways, national roads, and railways.

This makes it easy to transport goods and move workers to factories and businesses within the park, providing flexibility in the production process.

Stable Power, Water Supply, and Waste Management

Tho Hoang I.P is equipped with a stable electricity supply, clean water system, and comprehensive waste treatment facilities. Businesses can be assured of reliable power and water supplies.

Waste treatment is conducted according to regulations, ensuring a clean and sustainable production environment.

With its modern technical infrastructure, Tho Hoang I.P has attracted many businesses, both domestic and international, to invest and carry out production activities. This contributes to the socio-economic development of Hung Yen Province.

Investment Incentive Policies

At Tho Hoang I.P, businesses benefit from numerous attractive investment incentive policies. These incentives help investors save costs while creating favorable conditions for sustainable production and business growth.

  • Corporate income tax exemption for the first 2-4 years and a 50% reduction for the following 4 years.
  • Preferential land rental rates with long-term lease options.
  • Support for logistics services, technical infrastructure, and amenities such as electricity, water, and waste management.
  • Quick and efficient administrative support, including investment permits.

With these attractive investment incentives, Tho Hoang I.P has become an ideal destination for investors. Its strategic location and modern infrastructure create a stable investment environment, enhancing its appeal.

Overview of Tho Hoang Industrial Park in Hung Yen Province

Located in Hung Yen Province, Tho Hoang Industrial Park attracts numerous investors due to its advantageous location, modern infrastructure, and investment incentives. It is a dynamic industrial center with promising growth.

This industrial park was built to create a modern investment and production environment, attracting businesses from both domestic and foreign markets. These advantages make the industrial park appealing to investors.

Key Features of Tho Hoang I.P

  • Favorable geographical location, close to major economic centers.
  • Modern, integrated infrastructure that fully meets production needs.
  • Attractive investment incentives to facilitate business development.
  • A safe and stable business environment.
  • Abundant labor force, meeting the workforce demands of businesses.

Tho Hoang I.P is a preferred destination for many investors, contributing to the socio-economic development of Hung Yen Province.

Criterion Tho Hoang I.P
Geographical Location Favorable, close to major economic centers
Infrastructure Modern, fully meeting production needs
Investment Incentives Attractive, facilitating business development
Business Environment Safe, stable
Workforce Abundant, meeting the labor demands of businesses

Tho Hoang I.P is becoming an attractive destination for investors, offering advantages in location, infrastructure, and investment policies.

Favorable Investment Environment

Tho Hoang Industrial Park in Hung Yen Province offers a highly favorable investment environment. It has a well-trained, abundant workforce. The local government also supports and collaborates with businesses, helping them achieve effective growth.

Abundant Workforce

Tho Hoang I.P has a high-quality and abundant labor force. Workers are well-trained with professional skills, ready to meet investor requirements.

Support from the Local Government

In addition to a favorable investment environment and a quality workforce, Tho Hoang I.P is supported by the local government, which actively collaborates with businesses. Incentive policies, legal support, and modern infrastructure allow businesses to grow effectively.

Tho Hoang I.P is an ideal destination for investors, offering a favorable investment environment, quality workforce, and strong support from the local government.

Current Projects and Active Businesses

Tho Hoang I.P is attracting many large businesses operating in industries such as automotive manufacturing, electronic components, and garment production. The projects here not only promote development but also create job opportunities.

Future Development Plans

Tho Hoang I.P will undergo expansion and infrastructure upgrades in the coming years to attract new investment projects. This will foster the development of the processing and manufacturing industries in Hung Yen Province.

The industrial park benefits from its favorable geographical location, modern infrastructure, and attractive investment incentives, drawing both domestic and foreign enterprises to invest and expand their operations.

With local government support and collaboration, Tho Hoang Industrial Park is set to become a prime investment destination, contributing to economic growth in Hung Yen Province.

Other Industrial Zones

FAQ

Where is Tho Hoang Industrial Park located?
Tho Hoang I.P is located in Van Du Commune, Xuan Truc Commune, Quang Lang Commune, and An Thi Town, An Thi District, Hung Yen Province.

How far is Tho Hoang I.P from major cities?
Tho Hoang I.P is about 40 km from Hanoi and approximately 120 km from Hai Phong. This allows businesses to access major economic and commercial hubs easily.

What is the area of Tho Hoang I.P and its core industries?
Tho Hoang I.P covers an area of 250 hectares. Key industries include automotive manufacturing, electronic components, garment production, rubber, and plastic products.

What kind of infrastructure does Tho Hoang I.P have?
Tho Hoang Industrial Park has modern infrastructure, including transportation networks, electricity, clean water, and waste treatment facilities, meeting the production needs of businesses.

What investment incentives are available at Tho Hoang Industrial Park?
Businesses benefit from tax incentives, land rental discounts, and service support, creating favorable conditions for production and business growth.

What is the workforce like at Tho Hoang Industrial Park?
Tho Hoang I.P has a well-trained and abundant workforce. The local government supports businesses in achieving effective production and business growth.

What companies are currently operating in Tho Hoang I.P?
The industrial park attracts many major companies in automotive manufacturing, electronic components, and garment production, which leverage the park’s advantages to expand their operations.

What development plans are in place for Tho Hoang I.P in the future?
Tho Hoang I.P will undergo expansion and infrastructure upgrades to attract new investment projects, promoting the processing and manufacturing industries in Hung Yen Province.