Introduction to Viet Huong 1 Industrial Park in Binh Duong Province

Viet Huong 1 Industrial Park is a modern industrial park that attracts many businesses. It has a strategic location, good infrastructure, and attractive policies. This is an ideal destination for both domestic and foreign investors. This industrial park is a dynamic manufacturing center, contributing to the economic development of Binh Duong Province.

Key Highlights

Viet Huong 1 Industrial Park is one of the modern industrial parks attracting investment in Binh Duong.

Strategic location, modern infrastructure, and attractive incentive policies.

Becoming an ideal destination for domestic and international investors.

A dynamic industrial production center in Binh Duong.

Contributing to the economic development of Binh Duong Province.

Viet Huong 1 Industrial Park – An Attractive Investment Destination

Viet Huong 1 Industrial Park is located in the southern key economic region. It is an attractive investment destination thanks to its favorable geographic location, along with modern infrastructure and investment incentives for investors. This industrial park covers nearly 36 hectares and has a strategic location connecting with major transportation routes. This presents development opportunities for industrial enterprises and FDI wanting to expand in Vietnam.

Incentives	Description
Corporate income tax	10% for the first 15 years, exempt for 4 years, 50% reduction for the next 9 years
Import tax	Exempt from tax on imported goods for fixed assets
Land rental	Incentives on land rental fees for up to 70 years

With attractive investment incentives and modern infrastructure, Viet Huong I Industrial Park is the ideal destination for investors looking for development opportunities in Vietnam.

Vị Trí Địa Lý Tỉnh Bình Dương

Prime Geographic Location of Viet Huong 1 Industrial Park

Viet Huong 1 Industrial Park is located in a prime area, close to important transportation routes. This creates advantages for businesses when investing.

Proximity to Major Transportation Routes

Viet Huong I Industrial Park is 5 km from the Ho Chi Minh City – Mỹ Phước – Binh Duong highway. It is also 30 km from Tan Son Nhat International Airport and 40 km from Cái Mép – Thị Vải Port. These transportation routes help connect the industrial park with major economic centers.

Convenient Connections to Key Economic Areas

Viet Huong I Industrial Park has a favorable geographic location connecting to key economic areas such as Ho Chi Minh City, Binh Duong, and Đồng Nai. This helps businesses leverage transportation advantages and geographic connections.

The location of Viet Huong I Industrial Park allows businesses to access a wide and diverse market while easily connecting with key economic centers in the region.

Modern Infrastructure

Viet Huong I Industrial Park is invested with a synchronous and modern infrastructure system. This meets the production and business needs well. The optimal working and business environment attracts investors.

Key Features of Infrastructure at Viet Huong 1 Industrial Park:

A modern and synchronized internal transportation system connecting factories and enterprises conveniently.
Full and continuous electricity, water, and telecommunications networks.
A modern and synchronized wastewater treatment and waste management system ensuring a clean environment.
Comprehensive services such as banking, postal, healthcare, and recreational facilities available in the area.

Viet Huong I Industrial Park has become an attractive investment destination thanks to its infrastructure advantages.

Advantages of Human Resources

Viet Huong I Industrial Park boasts a plentiful and high-quality labor force. This is an attractive destination for investment by businesses. The industrial park benefits from various incentive policies from local authorities, creating favorable conditions for attracting and developing a skilled workforce.

Abundant and Quality Labor Supply

Viet Huong I Industrial Park is situated in the southern key economic region, integrating with universities, colleges, and vocational training institutions. This provides an abundant and quality labor supply. The workforce is well-trained, experienced, and meets the personnel needs of businesses in the industrial park.

Vocational Training Support Policies

Local authorities actively implement vocational training policies to enhance the quality of the workforce in the industrial park.
Training programs are designed flexibly to meet the needs of businesses.
Additionally, enterprises benefit from various incentive policies for training and workforce development.

With these advantages, Viet Huong I Industrial Park is becoming an attractive destination for investors drawn to the abundant and quality labor force, along with effective vocational training policies.

Favorable Business Environment

Viet Huong 1 Industrial Park provides excellent conditions for investors. They enjoy numerous incentives and investment support policies from local authorities, benefiting businesses significantly.

Investment Incentives and Support Policies

Investors at Viet Huong I Industrial Park enjoy many benefits, including corporate income tax exemptions in the initial years and reduced corporate income tax rates afterward. They also benefit from exemptions on land use fees and rental fees for a certain period, helping them save costs.

Local authorities also implement many attractive investment support policies, including assistance with training and workforce development, as well as technical infrastructure support. This facilitates investment procedures and business registrations, enabling rapid business growth.

These incentives and support policies help businesses save costs, increase profits, and develop sustainably at Viet Huong I Industrial Park.

Overview of Viet Huong 1 Industrial Park in Binh Duong Province

Viet Huong 1 Industrial Park spans nearly 36 hectares in Binh Duong. The goal is to become a modern manufacturing center attracting many enterprises. This area is planned and developed synchronously, providing advantages for investment.

Key Features of Viet Huong I Industrial Park:

Convenient location, close to transportation and key economic areas.
Modern infrastructure that meets production needs.
Abundant, vocationally trained labor force.
Favorable business environment with investment incentives.

Viet Huong I Industrial Park is an attractive destination in Binh Duong, attracting numerous domestic and foreign enterprises seeking to invest and develop production.

Viet Huong I Industrial Park is becoming a bright spot on the industrial investment map of Binh Duong Province, contributing to the socio-economic development of the locality.

Development Potential of Key Industries

Viet Huong 1 Industrial Park is located in a favorable geographic position, with modern infrastructure and a high-quality labor force. As a result, this industrial park is attracting many key industries in Vietnam with significant growth potential.

Key Industries in Viet Huong I Industrial Park Include:

Electronics industry
Mechanical industry
Textile industry
Component manufacturing

Viet Huong I Industrial Park has advantages in location, infrastructure, and human resources. These industries are developing strongly, affirming their important role and growth potential in the future.

Viet Huong I Industrial Park is becoming the ideal destination for enterprises in Vietnam’s key industries. The industrial park promises to be a highlight in the key industries of Vietnam, contributing to socio-economic development.

Startup and Business Development Support Services

Viet Huong I Industrial Park provides many support services for startups and local businesses seeking to grow. The industrial park has modern infrastructure and a favorable investment environment.

Startup Support Programs

Viet Huong I Industrial Park offers numerous startup support programs that help new businesses strengthen their capabilities and enhance their competitiveness.

Support programs include:

Training in management, marketing, and product development.
Legal assistance and business registration procedures.
Providing co-working spaces and office equipment.
Connecting with investors and startup funding sources.

Consulting and Business Development Support Services

Viet Huong 1 Industrial Park also offers consulting and business development support services for local businesses. These services include:

Consulting on business strategies and operational models.
Assistance in financial management, accounting, and legal matters.
Providing information on the market, industry trends, and investment opportunities.
Connecting with suppliers, customers, and strategic partners.

With startup support and business development services, Viet Huong I Industrial Park helps businesses have a favorable start and supports sustainable growth in the future. We always strive to create a favorable business environment that helps startups and local businesses receive comprehensive support for sustainable development.

Social Life and Urban Infrastructure

Viet Huong 1 Industrial Park is not only a manufacturing area but also a living environment with developed urban infrastructure, meeting the needs of workers and investors.

Social life is prioritized in this area, which has many modern utilities and services, such as:

High-quality healthcare system and medical facilities.
Schools and quality educational institutions.
Rich recreational, entertainment, and cultural activities.
Dining, shopping, and daily conveniences.

Urban infrastructure is also well-invested, including:

A modern transportation system connecting to major economic centers.
A network for water supply, drainage, electricity, internet, and other utilities.
Residential areas, service areas, and living amenities built synchronously.

Due to advantages in social life and urban infrastructure, Viet Huong I Industrial Park attracts high-quality labor, making it an attractive living and working environment.

Conclusion

Viet Huong 1 Industrial Park in Binh Duong Province is attracting many investors. Its favorable geographic location, modern infrastructure, and incentive policies are significant strengths that enable this industrial park to develop robustly.

Businesses here benefit from numerous legal, financial incentives, and development support. Sectors such as electronics, mechanical engineering, component and auto parts manufacturing will thrive. The industrial park also supports startups and high-quality workforce training.

With these advantages, Viet Huong I Industrial Park will continue to be a bright spot in investment, promoting industrial and economic development in the region.

Other industrial zones

FAQ

Where is Viet Huong 1 Industrial Park located?

Viet Huong I Industrial Park is located in Binh Duong Province. It is a major industrial and investment attraction in Vietnam.

What are the outstanding geographic advantages of Viet Huong I Industrial Park?

Viet Huong I Industrial Park has a favorable geographic location, being close to transportation routes such as highways, railroads, and seaports. This helps businesses easily connect with domestic and international economic areas.

Is Viet Huong I Industrial Park invested with modern infrastructure?

Yes, Viet Huong I Industrial Park has been developed with modern infrastructure that effectively meets the production and business needs of enterprises.

What advantages does Viet Huong 1 Industrial Park have regarding human resources?

Viet Huong 1 Industrial Park has an abundant and quality labor force. The local government also supports vocational training to meet personnel needs.

What investment incentives and support policies does Viet Huong 1 Industrial Park offer?

Viet Huong I Industrial Park provides a favorable business environment for investors with various tax, land, and attractive investment support policies from local authorities.

What are the key industries of Viet Huong I Industrial Park?

Viet Huong I Industrial Park is strongly developing key industries, including electronics, mechanical engineering, textiles, and component manufacturing. This is due to its favorable geographic location, modern infrastructure, and quality labor force.

Does Viet Huong I Industrial Park provide startup and business development support services?

Yes, Viet Huong I Industrial Park offers startup and business development support services, including training, consulting, and legal and financial assistance.

Is there development in social life and urban infrastructure at Viet Huong I Industrial Park?

Indeed, Viet Huong I Industrial Park is not just a modern manufacturing center. It also offers a developed living environment and urban infrastructure that well meets the needs of workers and investors.