Hiep Phuoc Industrial Park in Ho Chi Minh City

The Hiep Phuoc Industrial Park is an important industrial center in Ho Chi Minh City. Located in Hiep Phuoc Commune, Nha Be District, Ho Chi Minh City, this gateway industrial park has attracted many enterprises due to its strategic location and modern infrastructure. This article will introduce the Hiep Phuoc I.P, including its history and development potential.

Key Points to Note

The Hiep Phuoc Industrial Park is a key industrial center in Ho Chi Minh City.

It is strategically located at the gateway to Ho Chi Minh City.

It has modern infrastructure, attracting many domestic and foreign businesses.

The history of establishment and development of the industrial park.

Development potential for the future.

Geographical Location of the Hiep Phuoc Industrial Park

The Hiep Phuoc Industrial Park is located at the southern gateway of Ho Chi Minh City, just about 25 kilometers from the city center. The industrial park has easy access to major transportation routes such as National Route 50, National Route 1A, and the Long Thanh – Dau Giay expressway. Businesses here benefit from significant logistics and transportation advantages.

Right at the Gateway to Ho Chi Minh City

Hiep Phuoc is situated at the southern gateway of Ho Chi Minh City, facilitating access for businesses to large markets. The close distance to the city center allows companies to easily travel, transact, and expand their operations.

Near Major Transportation Routes

With its proximity to major transportation routes like National Route 50, National Route 1A, and the Long Thanh – Dau Giay expressway, the Hiep Phuoc I.P enjoys logistics and transportation advantages. Businesses here can easily access other markets and transport goods quickly and efficiently.

The strategic location of the Hiep Phuoc I.P provides many logistical and transportation benefits for businesses.

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History of Establishment and Development

The Hiep Phuoc Industrial Park was established in 1997, aiming to attract industrial investment and develop the economy in the southern part of Ho Chi Minh City. Over the past 20 years, the Hiep Phuoc I.P has expanded and upgraded its infrastructure. Today, it is a top industrial investment destination, attracting many domestic and foreign investors.

Through incentive policies and infrastructure improvements, the history of the Hiep Phuoc I.P has left a significant mark. Today, this industrial park not only attracts investors but also serves as a driving force for local economic growth.

The Hiep Phuoc I.P stands out in the industrial landscape of Ho Chi Minh City, with remarkable achievements over the past two decades.

Year Established	Area	Number of Enterprises	Export Value
1997	3,300 ha	500	10 billion USD

Scale and Modern Infrastructure

The Hiep Phuoc I.P in Ho Chi Minh City covers a large area of up to 3,300 ha, with more than 1,000 ha planned and invested in. This creates ample space for manufacturing and business enterprises.

Convenient Transportation Infrastructure

The Hiep Phuoc I.P has a modern infrastructure system. The internal transportation system includes roads, bridges, ports, airports, and railways, facilitating easy connections to major economic and commercial centers.

Criteria	Hiep Phuoc I.P
Total Area	1,686 ha
Transportation Infrastructure	Roads, bridges, ports, airports, railways

The scale and modern infrastructure of the Hiep Phuoc I.P make it attractive. It is an ideal destination for businesses looking to expand their operations in Ho Chi Minh City.

Key Industries in the Industrial Park

The Hiep Phuoc Industrial Park is an attractive destination for businesses, attracting many large corporations both domestically and internationally. They invest in manufacturing in this area.

Key industries at the Hiep Phuoc I.P include:

Manufacturing electronic equipment and components
Automotive components manufacturing
Chemical production
Textile manufacturing
Food processing

Many renowned names such as Samsung, LG, Panasonic, Yazaki, Yokohama, and Ajinomoto have set up factories here, showcasing the position and potential of Hiep Phuoc in the manufacturing sector.

Hiep Phuoc is one of the top destinations for foreign investors thanks to its strategic location and modern infrastructure.

Introduction to the Hiep Phuoc Industrial Park in Ho Chi Minh City

The Hiep Phuoc Industrial Park is an important industrial center in Ho Chi Minh City. It has a strategic location, modern infrastructure, and investment incentives for investors. Consequently, the Hiep Phuoc I.P attracts many businesses both domestically and internationally.

The Hiep Phuoc I.P is close to major transportation routes, facilitating easy access for businesses to domestic and international markets, thereby promoting production and exports.

Advantages	Details
Strategic Location	Located at the gateway of Ho Chi Minh City, near major traffic routes
Modern Infrastructure	Meets the electricity, water, transportation, and telecommunications needs of enterprises
Attractive Incentive Policies	Tax exemptions, reductions, and infrastructure investment support

The Hiep Phuoc I.P is an ideal destination for investors, attracting companies in manufacturing, logistics, and technology. The development of this industrial park helps the economy of Ho Chi Minh City grow and enhance its position.

Investment Environment and Incentive Policies

The Hiep Phuoc I.P in Ho Chi Minh City is attracting many investors due to its improved investment environment. The Vietnamese government and local authorities have paid attention and provided support.

Attractive Tax Exemptions and Reductions

The Vietnamese government has implemented many tax incentive policies to attract businesses to the Hiep Phuoc I.P. Incentives include exemptions from corporate income tax and reductions in import duties.

Infrastructure Investment Support

Local authorities also support infrastructure development. They invest in transportation, electricity, and clean water systems, creating favorable conditions for investors.

Therefore, the Hiep Phuoc I.P is attracting many investors. The investment environment and incentive policies are the main reasons for this.

Green and Environmentally Friendly Industrial Park

The Hiep Phuoc Industrial Park is designed to protect the environment. Companies here are encouraged to use clean technology. This helps minimize waste, creating a green and sustainable industrial park.

The Hiep Phuoc I.P aims to be environmentally friendly. They have implemented many measures:

Encouraging the use of solar and wind energy.
Building a centralized wastewater treatment system, ensuring wastewater is treated to standards before being discharged into the environment.
Planting many trees, creating a green landscape in the area.
Applying advanced production technologies to reduce waste and emissions.

These efforts have helped the Hiep Phuoc I.P become a model. They have contributed to environmental protection in Ho Chi Minh City.

Criteria	Hiep Phuoc I.P	Traditional Industrial Park
Use of Renewable Energy	Strongly applied	Less applied
Wastewater Treatment	Modern centralized treatment system	Local treatment, low quality
Green Landscape	Many trees, harmonized with nature	Few trees, lack of landscape

The Hiep Phuoc I.P is becoming a model for green industrial parks. They are protecting the environment and promoting sustainable development in Ho Chi Minh City.

Notable Projects in the Industrial Park

The Hiep Phuoc Industrial Park has attracted many large investment projects. Leading corporations from both domestic and international markets have chosen this area. These projects contribute to socio-economic development and enhance the industrial park’s standing.

Samsung has chosen the Hiep Phuoc I.P to build the largest electronic component manufacturing plant. This project has a total investment of over 2 billion USD, making it the largest foreign investment in the electronics industry in Vietnam.

Companies such as Panasonic, Coca-Cola, and Honda have also selected the Hiep Phuoc I.P for their factories. They have created a modern and dynamic industrial ecosystem here.

Project	Corporation	Sector	Investment Scale
Electronic Component Manufacturing Plant	Samsung	Electronics Industry	Over 2 billion USD
Manufacturing and Distribution Plant	Panasonic	Electronics and Appliances	Not announced
Manufacturing and Distribution Plant	Coca-Cola	Beverage Production	Not announced
Manufacturing and Assembly Plant	Honda	Motorcycle Manufacturing	Not announced

Notable projects in the Hiep Phuoc I.P have boosted the local economy and elevated the industrial park’s status on the industrial investment map of Vietnam.

Future Development Potential

The Hiep Phuoc Industrial Park is located right at the gateway of Ho Chi Minh City. It has modern infrastructure. Therefore, this industrial park is expected to attract many enterprises, especially foreign investors.

Local authorities are working to improve incentive policies to create an increasingly attractive investment environment. This will enhance the potential development of the Hiep Phuoc I.P and investment prospects here.

Scale Expansion

The Hiep Phuoc I.P has ample land and convenient transportation infrastructure. This creates conditions for scale expansion, meeting the growing demand from investors.

Attracting Foreign Investment

Tax incentives and infrastructure support will attract foreign businesses, increasing investment prospects at the Hiep Phuoc I.P.

The Hiep Phuoc I.P possesses many favorable factors to continue its development, making it an attractive destination for both domestic and foreign investors.

Conclusion

The Hiep Phuoc Industrial Park is an important industrial center in Ho Chi Minh City. It has a strategic location, modern infrastructure, and an attractive investment environment. An overview of the Hiep Phuoc I.P shows that it is an ideal destination for enterprises, especially foreign companies.

The development outlook for the Hiep Phuoc I.P is very positive. This area will attract more businesses, boosting the local economy and the city’s economy. With the efforts of stakeholders, the Hiep Phuoc I.P will be a bright spot in the industrial development of Ho Chi Minh City.

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FAQ

What advantages does the Hiep Phuoc Industrial Park offer?

The Hiep Phuoc I.P has a strategic location in Hiep Phuoc Commune, Nha Be District, Ho Chi Minh City, and modern infrastructure. Investors benefit from attractive incentive policies.

What is the scale and scope of operations at the Hiep Phuoc I.P?

The Hiep Phuoc I.P spans 1,686 ha. Its main sectors include electronics, automotive components, chemicals, textiles, and food processing.

What incentive policies does the Hiep Phuoc I.P have to attract investment?

The Hiep Phuoc I.P enjoys many incentives, including exemptions from corporate income tax and reductions in import duties on raw materials. Infrastructure development support is also provided.

What notable investment projects are in the Hiep Phuoc I.P?

The Hiep Phuoc I.P has attracted many major projects, including those from corporations like Samsung, Panasonic, Coca-Cola, and Honda. These projects contribute to socio-economic development and enhance the industrial park’s standing.

What is the development potential of the Hiep Phuoc I.P in the future?

The Hiep Phuoc Industrial Park will continue to expand and attract many enterprises. Its favorable geographical location and modern infrastructure are advantages, and local authorities are enhancing incentive policies to create a more attractive investment environment.