Key Highlights

• Located in a key development area of Phu Tho Province
• Synchronised, modern technical infrastructure and amenities
• Attractive investment incentive policies
• Friendly and safe investment environment
• Convenient transportation connections to major economic centers

Geographic Location of Van Xuan Industrial Cluster

The Van Xuan Industrial Cluster is situated in Phu Tho Province, a focal point for economic development in the northern region. This location facilitates transportation connectivity, enhancing linkages and promoting production and business activities.

Located in a Key Development Area

The Van Xuan I.C is established in Thanh Thủy District, which is a crucial economic development point in Phu Tho Province. This area has significant potential in terms of labor, infrastructure, and resources, attracting both domestic and international investors.

Convenient Transportation

• Close to important national highways and expressways, such as National Highway 32, National Highway 2, and the Nội Bài – Lào Cai Expressway.
• Near major transportation hubs like Nội Bài Airport, Vân Đồn Airport, and Cái Lân Port.
• Convenient connections to major cities such as Hanoi, Lào Cai, and Yên Bái.

The advantageous geographic location of the Van Xuan I.C facilitates businesses in connecting with economic, trade, and logistics centers both domestically and internationally.

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History of Formation and Development of the Industrial Cluster

The Van Xuan Industrial Cluster is a bright spot in the industrial development of Phu Tho. It was established in 2010 and has since become an important center, driving the history of the Van Xuan I.C in the province.

Over time, the Van Xuan I.C has expanded and improved its infrastructure, attracting numerous businesses to invest and operate.

A highlight in the history of the Van Xuan I.C is the construction of modern infrastructure. The transportation, electricity, water, and other utility systems have been developed, creating favorable conditions for businesses to operate and grow.

Through these figures, the development process of the Phu Tho industrial cluster has achieved many results, contributing to the economic growth of the province. The Van Xuan I.C is one of the key drivers of industrial development in Phu Tho in recent years.

The history of the Van Xuan I.C has left an important mark. It has contributed to the industrialization and modernization of Phu Tho Province, and this industrial cluster will continue to attract businesses looking to invest and develop in the future.

Scale and Functional Areas of Van Xuan Industrial Cluster

The Van Xuan Industrial Cluster in Phu Tho Province is developing strongly. It has become an important industrial center. With a scale of approximately 500 hectares, this cluster includes multiple member industrial zones, providing services and amenities for businesses.

Member Industrial Zones

• Van Xuan Industrial Zone
• Phú Nghĩa Industrial Zone
• Phú Thịnh Industrial Zone

Amenities Supporting Businesses

The Van Xuan I.C features many modern amenities, creating an ideal environment for businesses. The amenities include:

• Service center
• Dormitories
• Schools
• Hospitals
• Banks
• Shopping centers

These amenities help businesses operate effectively, meeting the needs of workers and supporting business activities.

Development Potential of Van Xuan Industrial Cluster

The Van Xuan Industrial Cluster has a strategic location and modern infrastructure. It is situated in a key development area of Phu Tho Province. This is seen as a “gateway” for businesses seeking investment opportunities and expanding production and business activities in Vietnam.

The advantageous position, along with tax incentives and infrastructure support, makes this industrial cluster attractive. Businesses benefit from many supportive policies, helping them to develop their operations smoothly.

With its strategic location, modern infrastructure, and attractive incentive policies, the Van Xuan I.C possesses significant development potential for the future.

The Van Xuan I.C combines geographical advantages, infrastructure, and incentive policies, creating an attractive investment environment that draws many investors. This will be a driving force for socio-economic development in Phu Tho Province.

Conclusion

The Van Xuan I.C in Phu Tho Province is a bright spot in the industrial development of the province. This locality has many potential attractions for investment. The industrial cluster features a wide scale, modern infrastructure, and diverse amenities, creating favorable conditions for business growth.

The Van Xuan I.C is strategically positioned, benefiting from convenient transportation links and a supportive investment environment. It is an ideal destination for both domestic and foreign investors. Businesses here operate in processing, manufacturing, energy, and logistics sectors.

The Van Xuan I.C is continuously evolving, contributing to the economic growth of Phu Tho Province while creating stable jobs and income for thousands of workers.

Investment Incentives and Support Policies in Phu Tho Province

Phu Tho Province is making efforts to improve the investment environment. They have implemented various incentive and support policies for businesses. These incentives help attract and assist investors in developing at the Van Xuan I.C.

Tax and Fee Incentives

Businesses in the Van Xuan I.C will enjoy several benefits. They will be:

• Exempt from corporate income tax for the first 2-4 years
• Eligible for a 50% reduction in corporate income tax for the next 4-6 years
• Exempt from or have reduced land rental fees and conversion fees for land use

Land and Infrastructure Support

Phu Tho Province also provides support regarding land and infrastructure. This helps businesses operate smoothly, such as:

1. Providing preferential land at reasonable prices
2. Investing in the construction of synchronous technical infrastructure within the industrial cluster
3. Assisting businesses in connecting with other infrastructure resources

With diverse incentive and support policies, Phu Tho Province creates a favorable investment environment, promoting sustainable development for businesses in the Van Xuan I.C.

Favorable Investment Environment at Van Xuan Industrial Cluster

The Van Xuan Industrial Cluster offers numerous advantages and benefits, creating a favorable investment environment for businesses. Companies looking to develop here will find it very convenient.

The strategic position of Van Xuan is crucial. The industrial cluster is located in a key economic area of Phu Tho Province. The modern transportation infrastructure helps connect with major economic centers.

The Van Xuan I.C has modern technical infrastructure and amenities that meet the production and business needs of enterprises. Services such as electricity, water, and telecommunications are all guaranteed to high standards.

Van Xuan also has an abundant and quality labor force. The human resources are effectively trained and developed, helping meet the labor demands of businesses.

The favorable investment environment, with many unique competitive advantages, has helped the Van Xuan I.C attract and create conditions for the development of businesses both domestically and internationally.

In summary, the Van Xuan I.C features a strategic location, modern infrastructure, and quality human resources, creating unique competitive advantages. This area has become an ideal destination for investors seeking sustainable development in Phu Tho.

Notable Projects at Van Xuan Industrial Cluster

The Van Xuan Industrial Cluster has attracted numerous businesses from both domestic and international markets. These notable projects have contributed to the industrial and socio-economic development of Phu Tho Province.

Some notable projects include:

• Samsung Electronics Vietnam Co., Ltd. – manufacturing electronic components and household appliances.
• Hòa Phát Steel Corporation – producing steel and is a major enterprise in the Vietnamese steel industry.
• Isuzu Motors Vietnam – assembling and manufacturing commercial trucks.

These notable projects not only generate profits for businesses but also help develop the socio-economic landscape of Phu Tho Province through job creation, attracting investment, and industrial development.

Role of the Industrial Cluster in the Economic Development of Phu Tho Province

The Van Xuan Industrial Cluster plays a crucial role in promoting industrial development and attracting investment in Phu Tho Province. The businesses here create numerous jobs, enhancing incomes for local residents and improving the socio-economic conditions of the province.

Businesses in the Van Xuan I.C have made significant contributions to the economic development of Phu Tho Province. They not only provide tax revenues and fees for the local budget but also promote the development of industries, services, and logistics.

• Creating jobs and increasing income for local residents
  • Contributing tax revenues and fees to the Phu Tho budget
  • Promoting the development of industries, services, and logistics

The Van Xuan I.C also enhances the province’s standing and attracts more investors. With modern infrastructure, supportive business services, and investment incentive policies, this industrial cluster is increasingly becoming an attractive destination for both domestic and foreign investors.

In conclusion, the role of the Van Xuan I.C in the socio-economic development of Phu Tho Province is immensely important. It is a key driver contributing to the industrialization, modernization, and enhancement of the quality of life for the local population.

Conclusion

The Van Xuan I.C in Phu Tho Province is developing strongly and asserting its importance in industrial development. The cluster attracts investment due to its strategic location, modern infrastructure, incentive policies, and favorable investment environment.

A summary of the Van Xuan I.C information shows significant development potential. The area benefits from its location, modern infrastructure, and incentive policies. The outlook for Van Xuan’s potential is very positive and promising.

In the future, the Van Xuan Industrial Cluster will continue to be a bright spot, promoting industrial development, creating jobs, and enhancing living standards for the people of Phu Tho Province.

Other industrial zones

• Bach Hac Industrial Cluster In Phu Tho Province
• Bai Ba – Dong Thanh Industrial Cluster In Phu Tho Province
• Cam Khe Industrial Park In Phu Tho Province
• Dong Lang Industrial Cluster In Phu Tho Province
• Ha Hoa Industrial Park In Phu Tho Province
• Phu Gia Industrial Cluster In Phu Tho Province
• Phu Ha Industrial Park In Phu Tho Province
• Phu Ninh Industrial Park In Phu Tho Province
• Tam Nong Industrial Park In Phu Tho Province
• Thuy Van Industrial Park In Phu Tho Province
• Trung Ha Industrial Park In Phu Tho Province
• Van Xuan Industrial Cluster In Phu Tho Province

FAQ

Where is the Van Xuan Industrial Cluster located?

The Van Xuan Industrial Cluster is located in Van Xuan Commune, Tam Nông District, Phu Tho Province.

What geographical advantages does the Van Xuan I.C have?

Van Xuan has a convenient location within the key region of Phu Tho Province. The industrial cluster is close to important roadways, facilitating easy connections to economic centers.

How was the Van Xuan I.C established and developed?

The Van Xuan I.C was established in 2010 to meet the industrial development needs of the province. Over the years, it has expanded and improved its infrastructure.

What is the scale and functional areas of the Van Xuan Industrial Cluster?

Van Xuan has an area of approximately 64.5 hectares, including zones like Van Xuan, Phú Nghĩa, and Phú Thịnh. It offers many amenities such as a service center, schools, hospitals, banks, and shopping centers.

What is the development potential of the Van Xuan Industrial Cluster?

Van Xuan has a strategic location, modern infrastructure, and attractive incentive policies, creating conditions for robust business development. This area is an ideal destination for investment and business activities.

What incentive and support policies does Phu Tho Province offer?

Phu Tho Province improves the investment environment with various incentive policies, including tax exemptions, preferential land pricing, and infrastructure development, attracting investors.

What competitive advantages does the Van Xuan I.C have?

Van Xuan has competitive advantages such as a strategic location, modern infrastructure, and an abundant labor force. These factors create a favorable investment environment for businesses.

What notable investment projects have been attracted to the Van Xuan I.C?

The industrial cluster has attracted numerous projects from Samsung, Hòa Phát, and Isuzu Motors, which drive industrial and socio-economic development in the province.

What role does the Van Xuan I.C play in the economic development of Phu Tho Province?

Van Xuan is crucial for industrial development and investment attraction. Business activities here create jobs, enhance incomes, and improve the socio-economic conditions of the province.