Viet Hung Industrial Zone in Quang Ninh Province

Viet Hung Industrial Zone is located in Viet Hung Ward, Ha Long City, Quang Ninh Province, and plays an important role in economic development. Its strategic location, large scale, and competitive advantages make this industrial zone attractive. It has attracted many domestic and international investors.

Key Advantages of the Viet Hung Industrial Zone:

Strategic location, close to major transport routes.

Synchronised infrastructure, well meeting production needs.

Attractive investment incentives and support policies.

Favorable business investment environment.

Great potential for future development.

Overview of the Viet Hung Industrial Zone in Quang Ninh Province

The Viet Hung Industrial Zone is an important industrial zone in Quang Ninh Province, Vietnam. It was established in 2010 in Viet Hung Ward, Ha Long City, Quang Ninh Province. This industrial zone quickly attracted many domestic and foreign investors, thanks to its geographical location, infrastructure, and incentives.

The Viet Hung I.Z is located in Quang Ninh’s key economic area. It attracts many large enterprises in processing, manufacturing, and logistics. With its large area and modern infrastructure, the zone meets diverse investor needs.

The Viet Hung I.Z also benefits from numerous tax, fee, and service support incentives, making it increasingly appealing to businesses. Its strategic location, modern infrastructure, and investment incentives have helped it stand out in Quang Ninh.

The Viet Hung I.Z is one of the most attractive investment locations in Quang Ninh, with many superior competitive advantages. With these strengths, the Viet Hung I.Z is expected to develop in the future, serving as an important driving force for the economy of Quang Ninh Province.

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Geographical Location of the Viet Hung Industrial Zone

The Viet Hung Industrial Zone is located in Quang Ninh Province, a center for economics, politics, and culture in Northern Vietnam. The goal of this industrial zone is to become an ideal destination for both domestic and foreign investors.

Close to Major Transport Routes

The Viet Hung I.Z is near important transportation routes, such as National Highway 18A, National Highway 5, the Ha Long – Mong Cai coastal road, and modern railways. This creates a significant advantage in connectivity and logistics for businesses.

Adjacent to Key Economic Areas

The Viet Hung I.Z is located near key economic areas, such as the Northeast Economic Zone, Van Don Economic Zone, Van Don International Airport, and Ha Long National Tourism Area. This creates opportunities for collaboration and integration between various industries and services.

The Viet Hung I.Z is an ideal destination for investors due to its superior geographical location, proximity to economic centers, and important transport connections.

Competitive Advantages of the Viet Hung Industrial Zone

The Viet Hung I.Z is strategically located to attract investors. Its infrastructure has been synchronised to meet production and logistics needs, making it an attractive industrial zone.

The investment environment here is favorable, with incentive policies for investors. These policies include tax exemptions and reductions, as well as support for labor training. This creates conditions for businesses to thrive.

With its advantageous geographical location, synchronised infrastructure, and attractive incentive policies, the Viet Hung I.Z is an ideal destination for investors seeking competitive advantages in the Vietnamese market.

The Viet Hung I.Z is a bright spot in Vietnam’s industrial investment landscape. Its location, infrastructure system, and incentive policies are key factors.

Scale and Infrastructure of the Viet Hung Industrial Zone

The Viet Hung Industrial Zone in Quang Ninh Province is an attractive destination for investors. It features a large scale and extensive infrastructure. The land area is spacious, with functional zones logically divided.

Land Area and Functional Zones

The Viet Hung I.Z covers an area of 301.29 hectares. The area also includes functional zones such as:

Logistics service zone.
Production support service zone.
Office and housing area for workers.
Park and green space.

Transportation and Logistics System

The Viet Hung I.Z has a modern transportation and logistics system. It connects to highways, seaports, and major airports. Specifically:

Located near National Highway 18 and the Ha Long – Van Don highway.
Only about 15 km from Cai Lan Port.
Just 20 km from Van Don International Airport.

The geographical location and favorable transport infrastructure enable the Viet Hung I.Z to effectively meet logistics needs.

Priority Investment Sectors

The Viet Hung I.Z in Quang Ninh Province is focusing on developing priority sectors. The goal is to attract suitable investment projects, which will promote regional development. The prioritized fields include:

Processing and manufacturing industries.
Information technology and telecommunications.
Renewable and green energy.
Logistics and transportation.
Production support services.

These sectors not only attract significant investments but also contribute to the sustainable development of the Viet Hung I.Z, creating many job opportunities and positively impacting the local economy.

Sector	Development Prospects	Investment Incentives
Processing and manufacturing	Increasing product demand, leveraging abundant labor	Tax exemptions, training support
Information technology and telecommunications	Digitalization trend, increased demand for technology services	Incentives for land and infrastructure
Renewable and green energy	Priority policies for developing sustainable energy sources	Tax incentives, financial support

With these priorities and attractive policies, the Viet Hung I.Z is striving to attract investment in key sectors. This will contribute to promoting the socio-economic development of the locality.

Investment Incentives and Support Policies for Investors

The Viet Hung Industrial Zone in Quang Ninh Province offers numerous incentives for investors aimed at helping businesses grow and enhance competitiveness.

Tax and Fee Exemptions

Here, investors will enjoy many tax and fee incentives, such as:

Exemption from corporate income tax for the first 2-4 years.
A 50% reduction in corporate income tax for the following 4-6 years.
Exemption from import tax on machinery, equipment, and materials used for production.
A 50% reduction in land rent for the first 11-15 years.

Labor Training Support

The Viet Hung I.Z also supports labor training. They provide:

100% coverage of vocational training costs and skills for workers.
Collaboration with universities and colleges to train suitable human resources.
Programs to enhance management and technical expertise.

These initiatives are how the Viet Hung I.Z attracts many investment projects, aiming to develop the socio-economic landscape of Quang Ninh Province.

Favorable Business Investment Environment

The Viet Hung I.Z is located in Quang Ninh Province, which has a very favorable business and investment environment. Its strategic location, modern infrastructure, and quality workforce make the Viet Hung I.Z an ideal destination for businesses looking to develop and expand operations in Vietnam.

Highlights of the Investment Environment at the Viet Hung I.Z:

Favorable geographical location, connecting with key economic centers in the region and internationally.
Modern transportation and logistics systems that help optimize transport costs.
Attractive tax and fee incentive policies for investors.
Support for training and developing high-quality human resources.
Green, modern infrastructure that meets environmental protection standards.

The Viet Hung I.Z is becoming an appealing destination for enterprises seeking to leverage a favorable investment business environment for growth and expansion in Vietnam.

Criteria	Viet Hung I.Z
Geographical Location	Close to major transport routes, connecting to economic centers
Infrastructure	Modern, synchronised, meeting environmental protection standards
Incentives	Tax exemptions and reductions, labor training support

The Viet Hung I.Z represents an ideal business investment environment, facilitating stable and sustainable growth for enterprises.

Future Development Potential

The Viet Hung I.Z has a favorable geographical location and synchronised infrastructure. It also offers attractive incentives, creating significant potential for future development.

Expansion Plans

The management board of the Viet Hung Industrial Zone has plans to expand land area. They will also construct more modern infrastructure projects, providing additional plots for investors and opening up new business opportunities.

Sustainable Development Direction

The Viet Hung I.Z is oriented towards sustainable development, focusing on green industries, clean technology, and renewable energy. This provides economic benefits while protecting the environment and enhancing the quality of life.

Other industrial zones

FAQ

Where is the Viet Hung Industrial Zone located?
The Viet Hung Industrial Zone is situated in Viet Hung Ward, Ha Long City, Quang Ninh Province. This is one of the important economic areas of Vietnam.

What advantages does the Viet Hung I.Z have?
The Viet Hung I.Z offers many benefits, including modern infrastructure and a favorable investment environment, along with attractive policies for investors.

What is the scale of the Viet Hung I.Z?
The Viet Hung I.Z has a large area, featuring many functional zones and a developed transportation system, facilitating production and business operations.

What sectors are prioritized for investment in the Viet Hung Industrial Zone?
The Viet Hung Industrial Zone particularly attracts investments in processing, manufacturing, high technology, renewable energy, and logistics.

What investment incentives and support does the Viet Hung I.Z offer investors?
Investors here enjoy numerous incentives, including tax exemptions and reductions, support for land and infrastructure, as well as training and development services.

What is the development potential of the Viet Hung I.Z in the future?
The Viet Hung I.Z has plans for expansion and sustainable development, aiming to create a more favorable investment and business environment.