List of industrial zones in Khanh Hoa Province.

Vinasc Real – National industrial park real estate consulting & brokerage unit, regularly updating the latest information on operating, newly invested, and expanding industrial parks and industrial zones in Khanh Hoa Province.

1. Overview of the province and its role in Vietnam’s industrial map.

1.1. Geographical Location and Strategic Advantages for Optimizing Logistics

Located in the heart of the South Central Coast region , Khanh Hoa possesses a geographical position of special strategic importance in terms of economics, politics, national defense, and security. The province serves as a crucial maritime gateway connecting the Central Highlands with the East Sea and is an ideal transshipment point in the regional supply chain.

• Superior multimodal transport:
• Maritime: Possessing Cam Ranh International Seaport (capable of receiving large vessels) and Nha Trang Port , creating favorable conditions for import, export, and logistics activities.
• Air: Cam Ranh International Airport (CMR) is one of the busiest airports in the region, ensuring rapid connectivity to major economic centers both domestically and internationally.
• Road transport: National Highway 1A, National Highway 27C (connecting to the Central Highlands), and the expressway system (such as the Cam Lam – Vinh Hao Expressway and the Van Phong – Nha Trang Expressway ) significantly reduce the cost and time of goods transportation.
• Railways: The North-South railway line runs through the area, enhancing the capacity for transporting large volumes of goods.
• Supply Chain Advantage: With its strengths in seaports, airports, and road networks, Khanh Hoa is shaping up to become an important maritime logistics and port services center , providing strong support for processing, manufacturing, and tourism industries.

1.2. The Province’s Investment Attraction Policies and Directions

Khanh Hoa is implementing a breakthrough development strategy in accordance with Resolution No. 09-NQ/TW of the Politburo on building and developing Khanh Hoa province until 2030, with a vision to 2045.

• Objective: By 2030, Khanh Hoa will become a centrally-governed city , an international marine tourism and service center ; a growth pole and a connecting center for the region and the whole country in terms of marine economy.
• Priority policy: Focus resources on developing the Van Phong Economic Zone into a multi-sector, internationally competitive integrated economic center, especially in high-end tourism, high-tech industries, deep-water seaports, and logistics .

1.3. Current Scale of Industrial Development and Future Directions

The province manages an impressive system of industrial parks and economic zones, creating a solid foundation for industrial development.

Future orientation: Shifting the economic structure towards increasing the proportion of high-tech processing and manufacturing industries and supporting industries linked to the marine economy, reducing dependence on traditional industries.

1.4. The Role of Khanh Hoa in the National Industrial Network

If Bac Ninh is known as the “capital” of electronics , and Dong Nai is the mechanical engineering/manufacturing center of the South, then Khanh Hoa is steadfastly building its own brand as:

Central Vietnam Maritime Economic and Logistics Center

• Core role: Ensuring a logistics corridor for the entire South Central and Central Highlands regions, serving as a hub for international trade in maritime and tourism.
• Signature brand: Maritime economy , high-end resort tourism , and smart urban development are all closely linked to the sea.

1.5. Vinasc Real’s Assessment of FDI Investment Potential in Khanh Hoa

Based on macroeconomic data analysis and field survey results from our network of collaborators in Khanh Hoa, Vinasc Real concludes:

“Khanh Hoa is ready for a new wave of FDI , especially after the Government issued special mechanisms for the province and the Van Phong Economic Zone. With its natural deep-water port, outstanding preferential policies, and rapidly improving transportation infrastructure, Khanh Hoa is not only a tourist destination but also a new ‘capital’ for large-scale industrial projects in the fields of logistics, renewable energy, green industry, and high-end integrated tourism.”

Vinasc Real is committed to providing the most transparent, accurate, and practical information , helping foreign investors quickly access clean industrial land, standard factory buildings, and make the most of investment incentives in Khanh Hoa.

2. Connecting infrastructure and logistics advantages

Khanh Hoa possesses a comprehensive and strategically invested transportation infrastructure, creating a significant logistics advantage compared to many other coastal provinces. This is a key factor in ensuring efficient operation and cost savings for FDI enterprises.

2.1. The Main Transportation System

Khanh Hoa is developing a complete multimodal transport model to provide maximum support for goods transportation:

2.2. Technical Infrastructure and Facilities in the Industrial Park

The industrial parks currently operating in Khanh Hoa (such as Suoi Dau and Ninh Thuy) are all built with integrated infrastructure, meeting the stringent standards of international investors.

• Electricity: A stable power supply is provided from the national grid (usually through separate substations for the industrial park).
• Clean water: The water supply system is sourced from a local plant, ensuring the quality and flow rate meet production needs.
• Environmental management: All industrial parks have centralized wastewater treatment plants that meet prescribed standards (A/B), ensuring strict compliance with environmental requirements.
• Telecommunications/Internet: High-speed fiber optic infrastructure is installed and ready to meet all connectivity, IoT, and smart management needs.
• Internal logistics infrastructure: Spacious internal road system, container yards, and standard warehousing services.

2.3. Regional Linkages and Supply Chains

Khanh Hoa does not operate in isolation but is part of a dynamic economic chain:

• Linking Key Economic Regions:
• Rapid connectivity to the Central Highlands: Via National Highway 27C, Khanh Hoa serves as a gateway for trade, facilitating the supply of raw materials and logistics for this region.
• Connecting with the South: The completed expressway brings Khanh Hoa closer to the Southern Key Economic Zone , providing easy access to major supporting industrial zones.
• Human Resources Training Center:
• Nha Trang is a regional educational hub , with numerous universities and colleges providing high-quality human resources in sectors such as fisheries, tourism, and engineering .

2.4. Conclusion: Assessing the Advantages and Disadvantages of Khanh Hoa’s Infrastructure

Based on field surveys, Vinasc Real provides a detailed assessment:

Vinasc Real’s Realistic Assessment:

“Major transportation routes such as expressways and seaports have transformed Khanh Hoa into a strategic goods transshipment hub. Vinasc Real’s local collaborators continuously update the occupancy status and actual land lease prices of each industrial park, helping investors identify the optimal location to maximize logistics costs and best suit their supply chain.”

3. Population and the Labor Market

The labor market is one of the key factors determining the success of FDI projects. Khanh Hoa not only has an abundant labor force but also has advantages in terms of training quality, especially in marine economic and service sectors.

3.1. Population Size and Density

Khanh Hoa possesses a significant population, creating both a labor supply and a domestic consumer market:

• Population Size: The total population of Khanh Hoa province is estimated at approximately 25 million people , making it an important consumer market and source of labor in the South Central Coast region.
• Population Density: The average population density is approximately 240 people/km2 . This density indicates that the province has a moderate population distribution, with a high concentration in urban areas such as Nha Trang, Cam Ranh, and towns adjacent to industrial zones, making it easy to recruit workers and technical staff for factories.

3.2. Labor Force and Population Structure Characteristics

Khanh Hoa is currently in a “golden age of population” with a high proportion of young workers, which is a major advantage for labor-intensive and flexible industries.

• Working-age workforce: Khanh Hoa’s working-age population remains high, accounting for over 60% of the total population. This is a competitive advantage in terms of a plentiful, stable, and trainable labor supply.
• Rate of Youth/Aging Population: Khanh Hoa province is still maintaining a young population structure; however, with its development and investment attraction, the province needs to focus on improving the quality of vocational training to avoid a shortage of highly skilled technical personnel in the future.
• Labor Quality: The province’s workforce has increasingly improved educational qualifications and skills. In particular, with its strengths as a training center for fisheries, tourism, and maritime technology , Khanh Hoa provides a highly specialized workforce for industries linked to the marine economy.

3.3. Conclusion: Advantages and Disadvantages for FDI Investors

Vinasc Real compiles and assesses the impact of the Khanh Hoa labor market on investors:

Recommendation from Vinasc Real:

“Khanh Hoa offers a balanced labor market in terms of both quantity and quality, particularly strong in industries related to the marine economy. However, to optimize costs and retain talent, investors should choose industrial park locations near existing residential areas and vocational training schools, while also developing welfare policies that are competitive with the tourism industry.”

4. Investment incentive policies and legal environment of Khanh Hoa province

Khanh Hoa is applying the highest level of investment incentives within the Vietnamese legal framework, especially the specific mechanisms issued by the National Assembly and the Government, to transform the Van Phong Economic Zone into a growth engine.

4.1. Tax and Land Lease Incentive Policies

Khanh Hoa applies strong incentives, especially for investment projects in the Van Phong Economic Zone (EZ) and key industrial parks (IPs), based on areas with particularly difficult socio-economic conditions or priority investment sectors (high technology, renewable energy, logistics):

• Corporate Income Tax (CIT) Incentives:
• Preferential tax rate: A preferential tax rate of 10% will be applied for 15 years (or even 9% in the Van Phong Economic Zone if special conditions are met).
• Corporate Income Tax Exemption/Reduction:
• Tax exemption for 4 years from the date taxable income is generated.
• A 50% reduction in the amount of tax payable for the next 9 years .
• Note: The exemption/reduction period may be extended if the project falls under the category of special priority projects.
• Land Lease Incentives:
• Land rent exemption: A land rent exemption period of up to 15 years is applied to standard projects.
• For projects in the specially prioritized categories within the Van Phong Economic Zone (e.g., high-tech, large-scale projects), the exemption period can extend up to 20 years or for the entire project lifespan .
• Import Tax Incentives:
• Import duties are exempted for machinery, equipment, and components used to create fixed assets, construction materials not yet produced domestically, and materials, components, and semi-finished products for the production of export goods.

4.2. Specific Support Policies and Improvement of the Legal Environment

Khanh Hoa province has been striving to improve its Provincial Competitiveness Index (PCI) through specific support policies:

• Support for Procedures: The province focuses on streamlining administrative procedures, especially those related to investment registration (IRC), enterprise registration (ERC), land, and construction . The “one-stop shop” mechanism is strengthened at the Management Boards of Industrial Parks/Economic Zones to minimize waiting times.
• Labor Training Support: The province has programs linking businesses with local universities/vocational schools to provide vocational training tailored to the specific needs of investors, helping to address the issue of high-quality human resources.
• Special Mechanism for Van Phong Economic Zone: According to a resolution of the National Assembly , the Van Phong Economic Zone benefits from superior pilot mechanisms and policies regarding land, finance, budget, human resources, and administrative procedures, aiming to attract dynamic projects with international spillover effects.

4.3. Legal Environment and Investment Implementation Process

Foreign direct investment (FDI) investors choosing Khanh Hoa need to follow the general procedures stipulated by Vietnam, with support from the province’s one-stop mechanism:

• Investment Policy Decision (IRC): The first step is for the investor to submit an application for approval of the investment policy.
• Enterprise Establishment Certificate (ERC): After obtaining the IRC, proceed with the procedure for issuing the Enterprise Registration Certificate.
• Land Leasing/Compensation: Work with the Industrial Park/Economic Zone Management Board and the Department of Natural Resources and Environment to sign land lease contracts and fulfill related financial obligations.
• Construction Permit: Obtain a construction permit before commencing construction of the factory and infrastructure.

Vinasc Real Affirms its Commitment to Legal Support

“Understanding Khanh Hoa’s preferential policies is key to maximizing investor profits. Vinasc Real is proud to have a team of lawyers and legal consultants with in-depth knowledge of IRC/ERC application processes , land lease procedures, and local construction permits . We not only provide industrial park data but also accompany investors from the initial idea stage to factory operation, helping to shorten project implementation time legally and efficiently.”

5. Priority sectors for attracting investment in Khanh Hoa province.

Khanh Hoa is focusing on attracting investment in high value-added industries , modern technology , and those closely linked to the marine economy , in order to achieve sustainable development goals and economic restructuring.

5.1. Top Priority Sectors and Reasons for Selection

Khanh Hoa province prioritizes sectors that benefit from the advantages of its seaport, strategic location, and special mechanisms within the Van Phong Economic Zone:

5.2. Industry Group-Specific Analysis

Vinasc Real not only provides a list but also offers in-depth analysis of the feasibility of each industry group based on practical consulting experience:

Vinasc Real’s Specific Analysis:

“Manufacturing investors need to carefully consider the benefits of tax incentives in the Van Phong Economic Zone (the highest in the country) versus the advantages of lower labor and road logistics costs when locating factories near Nha Trang. Vinasc Real has detailed comparative data on operating costs (OPEX) across regions, helping investors make decisions based on actual financial analysis, not just on policy.”

6. Reference prices for land and factory rentals and investment costs.

Initial investment costs and operating expenses (OPEX) are the primary determining factors. Khanh Hoa offers competitive land and factory rental rates, although there are significant differences between developed areas and new strategic economic zones.

6.1. Industrial Land Lease Price Framework

Industrial land rental prices in Khanh Hoa depend on location (proximity to seaports, airports) and the occupancy rate of the industrial park. These prices are typically listed for a 50-year lease term.

6.2. Rent for Ready-Built Factory (RBF) and Operating Costs

For investors looking for rapid deployment or for small to medium-sized projects, renting pre-built factory space is the optimal choice.

Infrastructure and utility costs in industrial parks are usually calculated according to government-set prices, but through the industrial park management unit, stability and quality are ensured.

6.3. Comparison of Core Costs Among Typical Industrial Parks

The comparison helps investors clearly see the trade-off between location and cost:

6.4. Vinasc Real – A Reliable Source of Industrial Rental Price Data

“The industrial rental market is always fluctuating, especially in rapidly developing areas like Khanh Hoa. Vinasc Real has a regularly updated rental price database , directly verified through industrial park developers and a network of local partners. We help clients not only determine the preliminary total investment cost but also optimize the rental price negotiation process for maximum efficiency, ensuring investors always get the best prices and terms on the market.”

7. List of industrial parks operating in Tuyen Quang Province

This list is compiled by Vinasc Real and verified through investors and local collaborators .

• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…
• VR01 Industrial Park – ABC precision plastic mold industrial park see details…

8. Industrial zones are being planned for investment and expansion in Tuyen Quang province.

Information updated by Vinasc Real from the Provincial Industrial Park Management Board and infrastructure development partners .

• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..
• VR01 Industrial Park – ABC Precision Plastic Mold Industrial Park (see details)…..

9. Analyzing strengths and weaknesses in attracting investment

To make informed investment decisions, investors need a comprehensive view, not only of the advantages but also of the real challenges in the local area. Vinasc Real compiles objective assessments based on market data and feedback from existing investors.

9.1. Strengths – Absolute Competitive Advantage

Khanh Hoa possesses rare strategic advantages, creating a strong attraction for FDI projects:

• Superior Location & Logistics Infrastructure:
• The “Golden Triangle” of transportation: Possessing the Cam Ranh/Van Phong International Deepwater Port and Cam Ranh International Airport (CMR) , along with the soon-to-be-completed North-South Expressway system . This optimizes the maritime and air supply chain, reducing international transportation costs.
• Specific mechanism: The Van Phong Economic Zone applies special preferential mechanisms and policies regarding procedures and land, creating a competitive advantage over other economic zones in the region.
• Attractive Tax Incentive Policies:
• Applying the highest corporate income tax incentives and land lease fee exemptions as stipulated (especially in the Van Phong Economic Zone) is a decisive factor for high-tech and large-scale capital projects.
• High-Quality and Specialized Human Resources:
• The province has an abundant workforce, particularly one with specialized training in marine economics, fisheries, and tourism , which aligns with the province’s development orientation.

9.2. Weaknesses – Practical Challenges to Note

Despite its many advantages, investors still need to face several practical challenges when implementing projects in Khanh Hoa:

• Limited Land Supply and Rapidly Rising Rental Prices:
• Traditional industrial parks: Almost 100% occupied , very little clean land remains, leading to high rental prices due to scarcity.
• New industrial parks: Although the new areas in the Van Phong Economic Zone are large, they are currently in the land clearance and infrastructure construction phase , requiring investors to be patient in terms of implementation time.
• Local Procedures Are Not Yet Fully Standardized:
• Although the province has implemented a one-stop mechanism, coordination between departments and agencies (especially in complex procedures such as compensation for land clearance, land use , and construction permit issuance ) is sometimes still not as synchronized and flexible as expected by FDI investors.
• Supporting Industries and Satellite Services:
• Khanh Hoa is not yet a major center for supporting industries . Manufacturing businesses often have to import or purchase components from larger centers such as Dong Nai, Binh Duong, or Ho Chi Minh City, which can increase domestic logistics costs .

9.3. Realistic Assessment from Vinasc Real

Based on direct feedback from investors that Vinasc Real has supported in Khanh Hoa, we offer the most realistic assessment:

“Khanh Hoa is undergoing a strong transformation . Legal incentives and maritime logistics advantages present golden opportunities that investors should seize. However, the biggest challenge is the project implementation time . Investors need to proactively choose industrial parks with readily available land and complete infrastructure, or cooperate closely with local consulting firms like Vinasc Real to quickly resolve legal issues and land procedures, avoiding prolonged delays in the initial stages.”

What sets Vinasc Real apart: We not only provide information on policies, but also offer real-world data on the “difficulty” and “actual time” required to complete administrative procedures, helping investors plan their projects in the most realistic and effective way.

10. Suggestions for choosing the right industrial park according to industry

As a long-standing FDI consulting partner, Vinasc Real understands that each industrial park in Khanh Hoa has its own unique characteristics in terms of location, infrastructure, and incentive policies. Below are strategic recommendations to help investors optimize costs and operational efficiency based on their industry:

Strategic Advisor from Vinasc Real:

“Choosing an industrial park isn’t just about selecting a piece of land, but about choosing the optimal business model . If your project prioritizes tax incentives and large-scale scalability , consider the Van Phong Economic Zone . Conversely, if you need rapid deployment and the stability of an established supply chain, Ninh Thuy Industrial Park or factory space in Suoi Dau would be suitable options. Vinasc Real will provide a detailed analysis of operating costs (OPEX) in each of these areas before you make your final decision.”

11. Prospects for industrial development in Khanh Hoa province

Khanh Hoa is entering a period of breakthrough development, shaped by central-level resolutions and large-scale infrastructure projects. The province is not only maintaining its current growth rate but is also predicted to become one of the most important maritime economic growth hubs in the country in the next decade.

11.1. Plan for Expanding Industrial Zones and New Industrial Clusters

To meet the increasing demand for FDI capital, Khanh Hoa is actively implementing projects to expand and plan new industrial parks/clusters:

• Main driving force: Van Phong Economic Zone (EZ): This is the focal point of development, spanning tens of thousands of hectares. Industrial, logistics, and urban functional zones in Van Phong are undergoing accelerated land clearance and infrastructure construction to prepare for strategic projects.
• Expanding Satellite Industrial Parks: The province plans to develop and expand new industrial parks and clusters in neighboring areas such as Cam Lam, Dien Khanh, and Van Ninh . These areas will play a role in supplying supporting industries, textiles, and light industries for large projects in the Van Phong and Nha Trang Economic Zones.
• Focus on In-Depth: New industrial parks will be planned with an ecological focus , prioritizing modern technology, low energy and resource consumption, and conforming to international sustainable development standards.

11.2. FDI Flow Trends – Focusing on Quality

Khanh Hoa is shifting from attracting FDI indiscriminately to attracting FDI selectively , focusing on strategic investors from developed countries.

• Japan and South Korea: Capital flows are expected to focus on the electronics components sector, precision manufacturing, and high-tech seafood processing .
• US and European investors will be particularly interested in maritime logistics, renewable energy , and integrated resort tourism projects in the Van Phong Economic Zone, which has unique mechanisms and high project quality requirements.
• Green Investment Trends: With its advantageous marine environment, the province will strongly attract green industrial projects , high-tech shipbuilding, and carbon reduction projects.

11.3. Golden Opportunity for Early Investors

“pre-boom” phase . This is the best time for investors to conduct due diligence and make investment decisions.

• Access to Prime Land: Early investors have the opportunity to access the best land in the Van Phong Economic Zone with the most favorable terms before infrastructure is fully completed and rental prices skyrocket.
• Market Positioning: Becoming one of the first major investors to help businesses position their brand and capture market share in the province’s new industrial supply chain.
• Policy Optimization: Maximizing the use of specific tax, land, and administrative procedure incentives , especially in the initial years of implementation.

11.4. Data and Insights from Vinasc Real:

“Through our network of collaborators and direct work with investment promotion agencies, Vinasc Real clearly sees that Khanh Hoa is prioritizing strategic thinking over scale in attracting FDI. The province is welcoming large-scale investment projects that are committed to high technology and environmental protection. We have preliminary data on planned land plots and major infrastructure projects about to be implemented that public reports have not yet updated, helping Vinasc Real’s clients understand future trends and make investment decisions ahead of the market .”

12. Contact for investment consultation and support in Khanh Hoa province.

“Vinasc Real – Accompanying FDI investors from survey, selection to operation.”

Investing in an emerging market like Khanh Hoa requires in-depth local knowledge, complex legal processes, and the ability to connect with stakeholders. Vinasc Real provides a comprehensive, all-inclusive consulting solution , ensuring your investment journey is smooth and efficient.

12.1. Information and Practical Connection Services

We bridge the gap between investors and opportunities in Khanh Hoa, providing transparent data and on-site support:

• Accurate and Up-to-Date Data: Providing accurate information and data on occupancy rates, land lease prices, factory lease prices, and operating costs at all industrial parks in Khanh Hoa and nationwide.
• Professional Survey Support: We organize specialized site visits to help investors directly assess the infrastructure, logistics environment, and surrounding residential areas.
• Direct Connection: We assist in connecting and working directly with the Industrial Park Investor, the Van Phong Economic Zone Management Board, and the Provincial Investment Promotion Agency to negotiate the best terms.

12.2 . Comprehensive Consulting – Legal, Tax, and Human Resources Solutions

Vinasc Real goes beyond the role of a site consultant, providing comprehensive support services after investment decisions are made:

• Legal – Investment: In-depth consulting on the process of applying for IRC (Investment Registration Certificate) and ERC (Enterprise Registration Certificate) , land lease contracts, and construction permits in Khanh Hoa.
• Accounting – Taxation: Support in setting up initial accounting systems, advising on optimizing benefits from corporate income tax and import tax exemptions and reductions in the Van Phong Economic Zone.
• Human Resources & Operations: Support in recruiting senior personnel and advising on matters related to Vietnamese Labor Law, ensuring the business operates in compliance with the law from day one.

12.3. Multilingual Support Network, Nationwide Coverage

• Coverage in 34 Provinces and Cities: We have a team of collaborators and partner companies in almost all 34 provinces and cities in Vietnam, ensuring that no matter where your project is located, Vinasc Real can provide the most professional support.
• Multilingual Support: We are ready to assist foreign investors in English, Korean, Japanese, and Chinese, helping to eliminate language barriers during negotiations and procedures.

Vinasc Real’s commitment:

“We don’t just recommend locations – we help investors choose the right place to succeed . Contact Vinasc Real today to receive a detailed analysis report and formulate the most effective investment strategy in the promising market of Khanh Hoa province.”

13. Frequently Asked Questions (FAQ)

This section summarizes the most important questions that FDI investors often ask when researching the Khanh Hoa market, helping them gain a comprehensive and quick understanding.

Q1: What are the rental prices for industrial parks in Khanh Hoa?

Land rental prices in Khanh Hoa show a clear differentiation:

• Industrial land lease prices: Reference rates range from 75 USD/m2 to 110 USD/m2 for the remaining lease term (50 years), depending on the industrial park. Industrial parks with high occupancy rates, such as Suoi Dau, generally have higher prices compared to newer industrial parks like Ninh Thuy.
• Rental price for ready-built factory space (RBF): Approximately 3.5 – 4.5 USD/m2 /month (excluding VAT and management fees).
• Advice from Vinasc Real: Prices in the Van Phong Economic Zone are very flexible and may be eligible for long-term land lease fee exemptions if the project is in a priority category.

Q2: What are the land lease terms and investment registration procedures?

• Land lease term: The land lease term in industrial parks is typically 50 years , calculated from the date of issuance of the Investment Certificate (IRC).
• Investment Registration Procedure: Foreign investors need to complete the following basic steps: Apply for an Investment Policy Decision (IRC) and then an Enterprise Registration Certificate (ERC) . These procedures are carried out at the Management Board of Industrial Parks/Economic Zones of Khanh Hoa province under a one-stop mechanism.

Q3: What corporate income tax incentives does the province offer?

Khanh Hoa, especially its key industrial parks/economic zones, applies the highest incentives as stipulated by regulations:

• Preferential tax rates: 10% over a period of 15 years .
• Corporate Income Tax Exemption/Reduction:
• Tax exemption for 4 years starting from the first year of taxable income.
• A 50% reduction in the amount of tax payable for the next 9 years .
• Specifically: Projects in the Van Phong Economic Zone may receive even higher incentives if they meet criteria regarding capital scale, high technology, or strategic industries.

Q4: Which industrial park is suitable for my Logistics or High-Tech business?

• Logistics, Mechanical Engineering, and Manufacturing Industries: Ninh Thuy Industrial Park (Van Ninh) is the ideal choice for optimizing transportation costs due to its proximity to the Van Phong/Cam Ranh International Seaport .
• Electronics, High Technology, Large-Scale Projects: Target priority areas within the Van Phong Economic Zone to maximize the benefits of special incentives and ample land.

Q5: Can Vinasc Real assist with surveying or comparing industrial parks?

Absolutely.

• Survey Support: We organize and accompany investors on on-site surveys at industrial parks and economic zones in Van Phong.
• Comparison of Strategies: Vinasc Real provides in-depth comparative analysis reports on investment costs, operating costs (OPEX), and legal risk assessments among industrial parks, helping investors make decisions based on objective data.

14. Vinasc Real’s nationwide network of partners and collaborators

Vinasc Real ‘s ability to provide accurate information and prompt on-site support is built on a wide network of partners and collaborators covering key economic regions of Vietnam. We ensure that, no matter which province or city your investment project is located in, you will receive professional and timely support.

14.1. Key Coverage Network of Collaborators

Vinasc Real has built strategic relationships with a high-quality network of collaborators, including:

• Local brokerage firms: These are entities with in-depth knowledge of the industrial real estate market in each province.
• Investment Promotion Organizations: Partners with direct relationships with Industrial Park/Economic Zone Management Boards and local government agencies.
• Local Experts: Legal, accounting, and technical professionals with practical experience working in the region.

This network now covers 34 key industrial and FDI-attracting provinces and cities in Vietnam, from Bac Ninh, Hai Phong, and Hanoi in the North, to Da Nang and Khanh Hoa in the Central region, and Ho Chi Minh City, Binh Duong, and Dong Nai in the South.

14.2. Core Role: Ensuring Practicality and Speed

Partners and collaborators play a crucial role in providing Vinasc Real’s clients with a competitive advantage:

• On-site information updates: Providing real-time information on infrastructure progress, land clearance status, changes in detailed planning , and rental price fluctuations as they occur.
• On-site Survey Support: Assisting in organizing and leading survey teams, and arranging meetings with local industrial park developers quickly and efficiently.
• Addressing local procedures: Helping investors understand the work culture and administrative procedures in each locality.

14.3. Combined Model

Vinasc Real operates on a model that combines technological strength and local expertise, creating superior consulting services:

• Central Headquarters : Vinasc Real aggregates, analyzes, and standardizes data from its nationwide network , generating comparative reports, macroeconomic assessments, and national-level strategic advice.
• Local Experts: Local collaborators provide factual information, quick response times , and expertise in the province’s unwritten rules .

State the Difference:

Vinasc Real is more than just a consulting company based in Ho Chi Minh City or Hanoi. We are a robust, interconnected ecosystem , ensuring investors always have a comprehensive view combined with detailed information to make the most accurate and effective investment decisions in Khanh Hoa and throughout Vietnam.

15. Why choose Vinasc Real as your investment partner in Vietnam?

“Investors are looking for opportunities in Vietnam?

Let Vinasc Real and our team of local collaborators accompany you on your journey to effective and sustainable investment.”