Vang Muoi Industrial Cluster in Bac Kan Province

Key Features of the Vang Muoi Industrial Cluster

• Strategic location, convenient transportation
• Favorable climate and environmental conditions
• Large area, attracting many operating businesses
• Modern infrastructure and utilities, meeting investors’ needs
• Attractive incentives and investment support policies

Geographical Location of the Vang Muoi Industrial Cluster

The Vang Muoi Industrial Cluster is located in Vang Muoi commune, Bạch Thông district, Bac Kan province. Its location is very advantageous. It is near important transportation routes such as National Highway 3, National Highway 279, and provincial roads.

Convenient Transportation Advantages

This industrial cluster has a well-developed transportation network. There are many highways, national roads, and provincial roads. This makes it easier to transport materials and goods, enhancing production efficiency.

Favorable Climate and Environmental Conditions

The Vang Muoi I.C has a temperate climate and fresh air. The temperature and humidity are suitable for industrial production. The environment is clean and has low pollution, creating favorable conditions for businesses.

Vị Trí Địa Lý Bắc Kạn

History of the Industrial Cluster’s Formation and Development

The Vang Muoi Industrial Cluster was established in 2012. The main goal is to attract investment and develop industry. Since its inception, the industrial cluster has continuously improved infrastructure. Many businesses have invested here, creating jobs and improving living standards. Today, the Vang Muoi I.C is an important driver for Bac Kan province’s economy.

We can say that the history of the Vang Muoi I.C’s formation and development is a success story. It demonstrates that utilizing geographic advantages and a favorable investment environment can drive the socio-economic development of Bac Kan province.

Scale and Potential of the Vang Muoi Industrial Cluster

The Vang Muoi I.C in Bac Kan province is developing strongly. It covers an area of 175 hectares, of which 128 hectares have been planned and completed. This meets the production needs of businesses.
Currently, this industrial cluster has attracted 32 businesses, with nearly 1,500 billion VND in investment. Key industries include agricultural, forestry, and aquatic product processing, construction material production, mechanical engineering, electronics, textiles, and support services.

Main Products of the Vang Muoi Industrial Cluster

• Agricultural, forestry, and aquatic product processing
• Construction materials
• Mechanical and electronic products
• Textile products

The Vang Muoi I.C has great potential. It will be a driving force for industrial and socio-economic development in Bac Kan province.

Modern Infrastructure and Utilities

The Vang Muoi I.C is built with synchronous and modern infrastructure. This meets the needs of businesses. The transportation and logistics system is designed to ensure smooth travel and goods transportation. It connects the industrial cluster with major economic centers.

Efficient Transportation and Logistics System

The Vang Muoi I.C has an internal road system that is fully built. It connects with highways, national roads, and the railway network, as well as seaports. This helps save time and transportation costs, increases productivity, and competitiveness.

Power, Water Supply, and Environmental Treatment

The Vang Muoi I.C has invested in a stable and modern electricity and clean water supply system. It is also equipped with wastewater and waste treatment systems that meet standards. This contributes to protecting the green, clean, and beautiful environment.
Businesses in the Vang Muoi I.C also enjoy many other modern amenities, such as a security monitoring center, health station, banks, post office, and canteen. This creates optimal conditions for business operations.
The Vang Muoi I.C is constructed with modern infrastructure and full amenities. This maximizes the needs of businesses and contributes to promoting local socio-economic development.

Investment Incentives and Support Policies

The local government applies many attractive incentives and support policies. The goal is to create a favorable investment environment, which helps attract both domestic and foreign investors to the Vang Muoi Industrial Cluster.

Incentives and support policies include:

• Exemption or reduction of corporate income tax in the first few years
• Preferential land prices, infrastructure construction support
• Legal advice and support for investment-related procedures
• Training and human resource development incentives

These policies not only attract investment but also help businesses operate more effectively, creating conditions for sustainable development.
With these preferential policies, the Vang Muoi I.C becomes more attractive, drawing many investors to engage in production.

Investment and Business Cooperation Opportunities

The Vang Muoi I.C in Bac Kan province is attracting many investors, both domestic and foreign. They are particularly interested in priority areas such as agricultural, forestry, and aquatic product processing, as well as the production of construction materials, mechanical engineering, electronics, and logistics services.

Priority Areas for Investment

• Agricultural, forestry, and aquatic product processing
• Construction material production
• Mechanical engineering
• Electronics
• Logistics services

Ongoing Projects and Calls for Investment

The Vang Muoi I.C is implementing many new investment projects, such as animal feed processing plants, construction material production factories, and logistics centers. There are vast investment and business cooperation opportunities here.
The Vang Muoi I.C is becoming an attractive destination for investors, especially in priority sectors such as agricultural, forestry, and aquatic product processing, and construction material production.

Role of the Vang Muoi Industrial Cluster in Local Economic Development

The Vang Muoi Industrial Cluster plays a crucial role in the economic development of Bac Kan province. It has attracted many businesses, created new jobs, and increased local tax revenues. This improves people’s living standards and narrows the development gap between rural and urban areas.
The industrial cluster attracts many domestic and foreign investors. Businesses here create job opportunities for local people, especially the young workforce. This increases incomes, improves living standards, stabilizes society, and narrows the development gap.
Businesses investing in the Vang Muoi I.C contribute significant revenues to the local area. These contributions strengthen local finances, creating conditions for investment in infrastructure, public services, and promoting comprehensive development.
The development of the Vang Muoi I.C is proof of the important role industrial zones play in local economic development.
The Vang Muoi I.C has affirmed its pivotal role in the socio-economic development of Bac Kan province. It is a model of the strength and potential of industrial zones in growth and sustainable development.

Future Development Direction and Plans

In the future, the Vang Muoi Industrial Cluster will receive more investment. The goal is to increase productivity and attract many new projects. Bac Kan province has plans to develop the industrial cluster by 2025.
This plan aims to attract over 3,000 billion VND in investment and create jobs for thousands of people. Relevant authorities will improve infrastructure and implement support policies. This will help attract more investors, both domestic and foreign.
The focus will be on industrial processing, high-tech sectors, and clean projects. With this effort, the Vang Muoi I.C will be a growth driver for Bac Kan province.

Other Industrial Parks

• Cam Giang Industrial Cluster In Bac Kan Province
• Huyen Tung Industrial Cluster In Bac Kan Province
• Nam Bang Lung Industrial Cluster In Bac Kan Province
• Quang Chu Industrial Cluster In Bac Kan Province
• Thanh Binh Industrial Park In Bac Kan Province
• Vang Muoi Industrial Cluster In Bac Kan Province

FAQ

1. Where is the Vang Muoi Industrial Cluster located?
   The Vang Muoi I.C is located in Vang Muoi commune, Bạch Thông district, Bac Kan province. It is conveniently located near important transportation routes like National Highway 3, National Highway 279, and provincial roads.
2. What are the climate and environmental conditions at the Vang Muoi I.C?
   The climate at the Vang Muoi I.C is temperate, with fresh air. The temperature and humidity are suitable for industrial production. The environment is clean, with low pollution, providing good conditions for living and working.
3. When was the Vang Muoi I.C established?
   The Bac Kan Provincial People’s Committee decided to establish the Vang Muoi I.C in 2012. The goal is to attract investment and develop industry and services.
4. What is the scale and potential of the Vang Muoi I.C?
   The Vang Muoi I.C covers 175 hectares, of which 128 hectares have been planned and infrastructure completed. It has attracted 32 businesses, with a total investment of nearly 1,500 billion VND. The key industries include agricultural, forestry, and aquatic product processing, construction materials, mechanical engineering, electronics, textiles, and support services.
5. What is the infrastructure and utilities like at the Vang Muoi I.C?
   The Vang Muoi I.C is built with modern infrastructure, including transportation, logistics, electricity, clean water, and wastewater treatment. Businesses benefit from amenities such as a security monitoring center, health station, banks, post office, and canteen, creating favorable conditions for business operations.

6. What are the investment incentives and support policies at the Vang Muoi I.C?

   Local authorities apply many incentives and support policies for the Vang Muoi I.C, including tax exemptions or reductions, preferential land prices, infrastructure construction support, and legal and procedural assistance. These policies aim to create an attractive investment environment, attracting both domestic and foreign investors.

7. What are the investment and business cooperation opportunities at the Vang Muoi Industrial Cluster?
   The Vang Muoi Industrial Cluster is an attractive destination for domestic and foreign investors. Key sectors such as agricultural, forestry, and aquatic product processing, construction materials, mechanical engineering, electronics, and logistics services are being developed. Many new projects are currently being implemented, offering significant opportunities for investment and business cooperation.
8. What is the role of the Vang Muoi I.C in local economic development?
   The Vang Muoi I.C plays a critical role in the industrial, service, and socio-economic development of Bac Kan province. It has attracted many businesses, created thousands of new jobs, increased tax revenues, improved living standards, and reduced the development gap between rural and urban areas.
9. What is the future development direction and plan for the Vang Muoi I.C?
   In the future, the Vang Muoi I.C will continue to receive investment and expand. By 2025, the industrial cluster aims to attract over 3,000 billion VND in investment, creating jobs for thousands of workers. The focus will be on industrial processing, high-tech sectors, and clean projects, positioning the Vang Muoi I.C as a growth engine for Bac Kan province.