Bac Vinh Industrial Park in Nghe An Province

Key Highlights of Bac Vinh Industrial Park

• Strategic location in the center of the key economic region
• Modern infrastructure with convenient transportation systems
• Stable supply of electricity and water
• Key industries include processing, manufacturing, and logistics
• Attractive investment incentives

Geographic Location of Bac Vinh Industrial Park

Bac Vinh Industrial Park is located in the center of Nghe An Province. This is a key economic region in the northern part of Vietnam. The geographic location is in Hưng Đông Commune, Vinh City, Nghe An Province.

Located in the Center of the Key Economic Region

Bac Vinh I.P has significant competitive advantages. It is situated in the heart of Nghe An Province, a key economic area in the north. This allows the industrial park easy access to labor resources and business support services.

Close to Major Urban Centers

Bac Vinh I.P also benefits from its proximity to major urban centers. These include Vinh City, Cửa Lò Town, and Đô Lương District. This facilitates easy access to quality labor and logistics services for businesses.

Vị trí địa lý tỉnh Nghệ An

History of Formation and Development

Bac Vinh Industrial Park was established in 2005. The goal is to attract investment and develop industry and services. Over 15 years, this industrial park has expanded in scale and improved infrastructure. Many investment projects from both domestic and foreign sources have been attracted, helping Nghe An Province develop socio-economically.
The continuous development process of the industrial park has created a dynamic business environment. Many domestic and foreign enterprises have invested, contributing to the strong growth of the local economy.
Bac Vinh I.P has become one of the important drivers of socio-economic development in Nghe An Province over the years. The industrial park continues to expand and improve its infrastructure, focusing on attracting potential industries. This creates an attractive investment environment that supports sustainable development in the future.

Modern Infrastructure

Bac Vinh I.P is built with a modern infrastructure system that meets the production and business needs of enterprises. It has a convenient transportation system and a stable supply of electricity and water.

Modern Transportation System

Bac Vinh I.P connects with major transportation routes such as National Highway 1A, the North-South railway, and Cửa Lò Port. There are many roads, railways, and waterways, making it easy for businesses to transport raw materials and products.

Stable Supply of Electricity and Water

The industrial park has invested in a stable power and water supply system. Electricity is sourced from the national grid, sufficient to meet demand. The clean water supply system ensures adequate water for production and living needs.
Modern and synchronous infrastructure is a key factor in attracting and supporting businesses at Bac Vinh I.P for stable and sustainable development.

Key Industries in the Industrial Park

Bac Vinh I.P attracts many enterprises operating in processing, manufacturing, and logistics and supply chain services.

Processing and Manufacturing Industry

The processing and manufacturing sector is an important field in Bac Vinh. Investors leverage abundant raw materials, a large labor force, and a favorable geographic location. Typical products include:

• Automobile and electronic component manufacturing
• Leather and textile production
• Electrical and mechanical equipment manufacturing

Logistics and Supply Chain Services

Bac Vinh I.P also attracts many service companies. They operate in logistics and supply chain services. Transportation, warehousing, distribution, and import-export services are provided. The strategic location and favorable transportation infrastructure are advantages.

“Bac Vinh I.P plays a key role in attracting investment and developing key industries in Nghe An Province.”

Investment Incentives

The Nghe An provincial government and the management board of Bac Vinh Industrial Park are implementing many attractive incentive policies. Investors will benefit from these policies, helping them choose Bac Vinh as their investment destination.
Some key incentives include:

• Exemptions or reductions in corporate income tax for many initial years
• Support for land rental and infrastructure development
• Land and administrative procedure incentives for projects in prioritized sectors such as processing, manufacturing, high technology, and logistics

These policies help attract potential investors, contributing to the establishment of Bac Vinh I.P as a modern and sustainable industrial center.

With these attractive incentives, Bac Vinh I.P is becoming an ideal destination for both domestic and foreign investors.

Favorable Business Environment

Bac Vinh Industrial Park stands out with its attractive business environment, created by many superior factors.

Abundant Human Resources

Nghe An Province, where Bac Vinh I.P is located, has an abundant labor force. Many universities, colleges, and vocational training institutions are present here, providing skilled labor for businesses.
Labor costs in Nghe An are competitive compared to many other provinces, creating a price advantage for enterprises.

Administrative Procedure Support

The management board of Bac Vinh I.P is committed to supporting quick administrative procedures. Processes and procedures related to investment and operations are simplified, helping reduce time and costs for investors.

With a favorable business environment, abundant human resources, and proactive administrative procedure support, Bac Vinh I.P is an attractive destination for investors.

Introduction to Bac Vinh Industrial Park in Nghe An Province

Bac Vinh Industrial Park in Nghe An Province is developing strongly. The geographic location, infrastructure, and incentive policies have attracted many investors. This is a highlight of the region.
The industrial park is located in the economic center of the northern region. The goal is to create a driving force for industrial development in the province. Convenient transportation connects easily with Hanoi and Da Nang.

• Conveniently located in the center of the key economic region in the north.
• Modern infrastructure system, including roads, electricity, water, and telecommunications, meets production and business needs.
• Attractive investment incentives, including tax exemptions and reductions, and other benefits.

Bac Vinh I.P has many advantages. The geography, infrastructure, and policies are all favorable. This area attracts many enterprises in processing, manufacturing, and logistics services.
“Bac Vinh I.P is one of the bright spots in industrial development in Nghe An Province, attracting many domestic and foreign investors.”

Development Potential in the Future

Bac Vinh I.P has many opportunities for development. The favorable geographic location, modern infrastructure, and attractive investment incentives make this industrial park a potential development area for the future.

Expansion Plans

The management board of Bac Vinh I.P has plans for expansion. They aim to attract more investment projects, upgrade infrastructure, expand the area, and support enterprises to facilitate new investors.

Sustainable Development Orientation

With a total area of 143.17 hectares, Bac Vinh I.P also focuses on sustainable development. They are building strategies to achieve production greening goals. The use of renewable energy and clean, environmentally friendly production technology will be prioritized. The aim is to turn this industrial park into a modern and sustainable industrial center.

With these efforts, Bac Vinh I.P aims to become an ideal destination for investors, contributing to the sustainable development of Nghe An Province.

Notable Enterprises in the Industrial Park

Bac Vinh Industrial Park has attracted many notable domestic and international corporations and enterprises. They operate in fields such as processing, manufacturing, logistics, and human resource development, helping the region develop socio-economically.
Some notable enterprises in Bac Vinh I.P include:

• Vinfast – Leading automobile manufacturer in Vietnam
• Denso – Major automotive technology corporation from Japan
• Piaggio – Famous motorcycle brand from Italy
• Datalogic – Leading technology company in barcode scanning and automatic identification
• Nidec – Leading electronics and industrial group from Japan
• Zam Zam – Consumer goods manufacturing and distribution company in Vietnam
• Việt Tiến – Largest clothing manufacturer in Vietnam
• Everpia – Major brand in furniture and household products in Vietnam

The presence of these notable enterprises helps the Bac Vinh I.P develop economically. They also enhance the region’s position on the map of industrial investment in Vietnam.
Bac Vinh I.P has become an attractive destination for large corporations thanks to its advantages in infrastructure, incentive policies, and favorable business environment.

Investment and Business Activity Support

At Bac Vinh Industrial Park, the management board is always ready to support investors and businesses. We provide comprehensive consulting services to help you overcome any procedural barriers.
Support services include:

• Quick and effective investment procedure consulting.
• Assistance in resolving administrative procedures related to business operations.
• Provision of updated information on the market, trends, and investment opportunities.
• Connecting investors with suppliers and potential partners.

The management board of Bac Vinh I.P is always ready to assist, aiming to create the most favorable conditions for business activities. We support businesses from the very first steps.

Conclusion

Bac Vinh Industrial Park in Nghe An Province is attracting many investors. Its favorable location, modern infrastructure, and incentive policies are strengths that facilitate the socio-economic development of the area.
The industrial park will expand in scale and attract many new projects. Sustainable development will be prioritized. The goal is to become a dynamic industrial center that promotes local development.
Bac Vinh I.P has many advantages that create differentiation, making it an ideal destination for industrial investors in Vietnam.

Other industrial zones

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• Hoang Mai I Industrial Park In Nghe An Province
• Hoang Mai II Industrial Park In Nghe An Province
• Nam Cam Industrial Park In Nghe An Province
• Nghia Dan Industrial Park In Nghe An Province

FAQ

What is the geographic location of Bac Vinh Industrial Park?
It is located at Đặng Mai Street, Hưng Đông Commune, Vinh City, Nghe An Province.

Does Bac Vinh Industrial Park have modern infrastructure?
Bac Vinh I.P has been constructed with a modern transportation system, including roads, railways, and waterways. It also has a stable electricity and water supply system to meet production needs.

What are the key industries in Bac Vinh Industrial Park?
The industrial park attracts investments in various sectors, such as processing, manufacturing, automotive production, electronic components, leather, textiles, electrical equipment, and mechanical engineering. Many logistics and supply chain service enterprises are also present.

What are the investment incentive policies at Bac Vinh Industrial Park?
The Nghe An provincial government and management board have issued many incentive policies, such as tax exemptions and reductions, land rental support, and infrastructure development assistance. Investors will enjoy many incentives when investing in prioritized sectors.

What is the business environment like at Bac Vinh Industrial Park?
Bac Vinh I.P has an abundant and suitably skilled labor force. The management board is committed to providing quick and effective administrative procedure support for enterprises.

Who are the notable enterprises in Bac Vinh I.P?
The industrial park has attracted many large corporations, including Vinfast, Denso, Piaggio, Datalogic, Nidec, Zam Zam, Việt Tiến, and Everpia. They operate in various fields such as processing, manufacturing, logistics, and human resource development.

What support does Bac Vinh I.P offer to enterprises?
The management board is ready to support investors and businesses by providing investment procedure consulting services, assisting with administrative procedures, market information, and connecting suppliers and partners. This facilitates business operations.