HOA PHU INDUSTRIAL PARK VINH LONG PROVINCE, VIET NAM

Hoa Phu Industrial Park is located in Hoa Phu Commune, Long Ho District, Vinh Long Province

Hoa Phu Industrial Park is one of the potential industrial zones of Vinh Long province that is attracting domestic and foreign investors. At the same time, creating jobs and improving the living standards of local workers. The system of trees is arranged alternately between other functional areas to create green space to protect the environment.

Advantages of the traffic of enterprises operating in Hoa Phu Industrial Park

Hoa Phu Industrial Park is planned at the location of the arterial traffic, having the advantage of both a waterway and road. The land is extremely convenient for transporting goods, specifically as follows:

Road:

• Border on Highway 1A 14km
• Located 51km from Can Tho City
• Located 10km from Vinh Long City
• Located 140km from Ho Chi Minh City

Waterway:

• 20km from Binh Minh Port
• 35km from Can Tho Port
• 35km from Vinh Long Port

Airline:

• 25km from Can Tho Airport

Investor: Hoa Phu Corporation

Area of Hoa Phu Industrial Park: The industrial park was built on a large scale with a total area of 122.16ha.

Economic planning:

• Processing products from livestock
• Electronic assembly industry, packaging
• Pharmaceutical industry – cosmetics
• Producing consumer goods, household appliances
• Producing and processing agricultural products
• Mining industry and building materials production
• Industry of consumer goods, textiles, handicrafts
• Warehousing, service and some other industries with less environmental pollution

Preferential policies at Hoa Phu Industrial Park:

Exemption and reduction of corporate income tax

• 17% reduction in 10 years; exempted for 02 years and reduced by 50% from taxable income for the next 4 years.

Exemption and reduction of land rent

• Exemption of land rent for 11 years since the project is completed and put into operation. Exemption of land rent during the period of temporary suspension of construction or operation because the project faces difficulties and must be suspended when certified by the investment licensing agency.
• 50% reduction of land rent during the period of business shutdown in case of natural disaster, fire, or force majeure accident.

Export tax, import tax

• Exemption from import tax to create fixed assets

Main products of Hoa Phu Industrial Park:

• Factory for rent is available
• Industrial parkland for rent
• Leasing land and building factories on request

Other utilities of Hoa Phu Industrial Park:

• Security system
• Water supply and drainage system
• Internal infrastructure system
• Clean water supply system
• Garbage and wastewater treatment system
• Fire protection system
• Automatic wastewater monitoring system

In addition, businesses operating in Hoa Phu Industrial Park, Vinh Long province will be able to use preferential services of the Vinasc Group system. Specific services such as:

• Accounting service
• Auditing service
• Tax consulting service
• Appraisal service
• Legal and license consulting services
• Established business services
• Consulting service and building internal control process
• Work permit service, a temporary residence for foreigners

Industrial zones in the same area in Vinh Long Province:

• Co Chien Industrial Park
• An Dinh Industrial Park
• Binh Tan Industrial Park
• Binh Minh Industrial Park
• Dong Binh Industrial Park