HOANG MAI II INDUSTRIAL PARK NGHE AN PROVINCE, VIET NAM

Hoang Mai II Industrial Park is located in Hoang Mai Town, Nghe An Province.

Hoang Mai II Industrial Park was established and officially put into operation, not only serving the general development of Nghe An province, attracting the investment of domestic and foreign investors but also helping to create jobs. thereby improving the living standards for 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 Hoang Mai II Industrial Park

Hoang Mai II Industrial Park has a convenient location, near National Highway 1A and Trans-Vietnam Railway, bordering Southeast Asian countries, near the international port area capable of receiving ships from 50-70 thousand tons and the Vinh International  Airport.

Road:

• Located 500m from Highway 1A
• Located 6km from Hoang Mai Town
• Located 81km from Vinh City Center
• Located 227km from the center of Hanoi Capital

Waterway:

• 71km from Cua Lo Port
• 15km from Dong Hoi Seaport
• 27km from Nghi Son – Thanh Hoa Seaport

Airline:

• 60km from Vinh Airport
• 263km from Noi Bai International Airport

Investor: Hoang Thinh Dat Corporation

Area of Hoang Mai II Industrial Park: The industrial park was built on a large scale with a total area of 343.69ha.

Economic planning:

• Cement production
• Production and processing of wood
• Processing animal feed
• Production and assembly of motorcycles
• Producing products from plastic
• Producing fishing gear, building ferry boats
• Installation of other construction systems
• Processing of agricultural products, vegetables and minerals
• Producing other household appliances
• Industrial production of braided ropes and cables
• Producing textile yarn, dyeing, garment
• Producing and processing food
• Mechanical processing, metal processing and coating, chemicals
• Producing materials and other installation equipment in construction

Preferential policies at Hoang Mai II Industrial Park:

Corporate income tax

• Preferential tax rate of 10% for a period of fifteen years. Incomes of enterprises from implementing new investment projects in the area of industrial zones in the Southeast Economic Zone and in the Southeast Economic Zone.
• Preferential tax rate of 17% for ten years. Income of enterprises from implementing new investment projects in the area of industrial zones outside the Southeast Economic Zone.
• Tax exemption for four years, 50% reduction of payable tax for the next nine years for: Incomes of enterprises from implementing new investment projects in the area of industrial zones in the Southeast Economic Zone and in the Southeast Economic Zone.
• Tax exemption for two years and reduction of 50% of the payable tax for the next four years for: Incomes of enterprises from implementing new investment projects in the IZs outside the Southeast Economic Zone.

Import Tax

• Tax exemption on imported goods to create fixed assets
• Construction materials that cannot be produced domestically, machinery and equipment; components, details, separate parts and spare parts for synchronous assembly with machinery and equipment; raw materials and supplies used to manufacture machines and equipment or to manufacture components, details, separate parts and spare parts of machines and equipment.
• Specialized means of transport in technological lines directly used for production activities of projects

Land rental tax

• 7 years exemption for all projects
• 11-year exemption for projects on the list of sectors eligible for investment incentives.
• Exemption for 15 years for projects on the list of fields of special investment incentives.
• Exemption from land rent for a maximum of 03 years during capital construction, from the date of issuance of a land lease decision from a competent state agency.

Main products of Hoang Mai II Industrial Park:

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

Other facilities of Hoang Mai II Industrial Park:

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

In addition, businesses operating in Hoang Mai II Industrial Park, Nghe An 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
• Established business services
• Legal and license consulting services
• Consulting and building internal control process services
• Work permit, temporary residence services for foreigners

Industrial zones in the same area in Nghe An Province:

• Bac Vinh Industrial Park
• Nam Cam Industrial Park
• Dong Hoi Industrial Park
• Nghia Dan Industrial Park
• Hoang Mai I Industrial Park