Chan Hung Industrial Park, Vinh Phuc Province

Chan Hung Industrial Park, located in Chan Hung Commune, Vinh Tuong District, Vinh Phuc Province, is attracting many businesses. Its favorable geographical location, modern infrastructure, and preferential policies are key strengths here.

Key Highlights of Chan Hung Industrial Park

Favorable geographical location, near major economic centers

Modern infrastructure, meeting the production needs of businesses

Attractive investment incentive policies, drawing many investors

Diverse industries, creating a vibrant business environment

Great development potential, opening up many opportunities for businesses

Location and Scale of Chan Hung Industrial Park

Chan Hung Industrial Park is located in Chan Hung Commune, Vinh Tuong District, Vinh Phuc Province. This is a favorable location with easy access to major economic centers. The industrial park is close to important transportation routes, facilitating convenient goods transport and travel.

Large Scale and Development Potential

With a large scale, Chan Hung I.P covers an area of approximately 129.75 hectares. This provides ample space for businesses. The development potential of this industrial park is highly regarded, with increasing investment demand in Vinh Phuc.

The advantages of location and scale make Chan Hung I.P an attractive destination for businesses. Both domestic and international enterprises are looking to invest and expand their production activities in Vinh Phuc.

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History of Formation and Development

Chan Hung Industrial Park was established in 2004 to meet the investment needs of both domestic and foreign businesses. Vinh Phuc Province required this investment.

Throughout the history of Chan Hung I.P, it has attracted many large investors, contributing to the development of the industrial park and the economic growth of Vinh Phuc Province.

Year	Significant Event
2004	Chan Hung I.P was established
2008	Expansion of the area and attraction of more large investors
2012	Completion of infrastructure, becoming a modern and attractive industrial park
2018	Reached maximum production capacity, making a significant contribution to the province’s GDP

Chan Hung I.P has developed over more than 15 years. From a new industrial park, it has now become an attractive destination for investors.

Overview of Chan Hung Industrial Park, Vinh Phuc Province

Chan Hung Industrial Park is a prominent destination in Vinh Phuc Province. It boasts modern infrastructure and an attractive investment environment, offering many preferential policies to investors.

As a result, this industrial park has attracted many businesses operating in industries such as manufacturing, construction, and services.

With its favorable geographical location, multi-modal transport connections, and abundant labor force, Chan Hung I.P stands out as an ideal investment location.

Key Features of Chan Hung Industrial Park

Modern infrastructure, meeting the production needs of businesses
Attractive investment environment with many preferential policies
Abundant, well-trained labor force
Convenient transportation connections, making it easy to access markets

These advantages make Chan Hung I.P a popular choice for investors, contributing to the socio-economic development of Vinh Phuc Province.

Modern Infrastructure

Chan Hung Industrial Park is developed with a modern infrastructure system that meets the production and business needs of enterprises. A significant advantage is the convenient transportation system, ensuring efficient goods transport.

Convenient Transportation System

Chan Hung I.P has a wide internal road network, directly connected to national highways and major expressways. This enables businesses to easily move and transport goods.

Stable Power and Clean Water Supply

Chan Hung I.P ensures a stable supply of electricity and clean water, meeting the production needs of businesses. The system is built to high standards, ensuring safety and quality.

Utilities	Description
Transportation System	Wide internal roads, directly connected to national highways and expressways
Power Supply	Ensures stable power supply, fully meeting production needs
Clean Water Supply	Stable clean water supply system, built to high standards

With modern infrastructure, a convenient transportation system, and stable power and water supply, Chan Hung I.P meets the needs of businesses, creating favorable conditions for the development of various industries.

Attractive Investment Environment

Chan Hung I.P in Vinh Phuc Province offers a very attractive investment environment. It has modern infrastructure and preferential policies on land, taxes, and various supporting services, which help attract and support investors.

The advantages of the investment environment at Chan Hung I.P include:

Available land, competitive pricing, and exemptions or reductions in land rent
Preferential policies on taxes and other incentives, such as corporate income tax exemptions/reductions and import tax exemptions
A complete technical infrastructure and business support services
A convenient location with transportation connections to major economic centers

Chan Hung I.P, with its superior investment environment and preferential policies, is attracting many domestic and international businesses.

Land Incentives	Tax Incentives	Support Services
Competitive pricing, land rent exemptions/reductions	Corporate income tax exemptions/reductions, import tax exemptions	Modern infrastructure, legal support

Key Industries

Chan Hung Industrial Park is distinguished by two key industries: mechanical engineering and electronics. Leading companies in these fields have chosen this industrial park as an ideal investment location.

Mechanical Engineering Industry at Chan Hung

The mechanical engineering industry is a key sector at Chan Hung I.P. Many factories producing components, parts, and machinery from well-known brands have invested here, taking advantage of the prime location and attractive investment environment.

Electronics Industry at Chan Hung

Chan Hung I.P also attracts many electronics businesses. Factories producing electronic components and high-tech products have chosen this site for investment, benefiting from the modern infrastructure and preferential policies.

Industry	Features	Leading Companies
Mechanical Engineering	– Production of components, parts – Production of machinery and equipment	– Vietnam Auto Parts Manufacturing Co., Ltd. – KOMATSU Machinery Manufacturing Plant
Electronics	– Production of electronic components – Production of high-tech products	– Samsung Electronics Circuit Board Manufacturing Co., Ltd. – JINKO SOLAR Solar Panel Manufacturing Plant

Future Development Potential

Chan Hung Industrial Park is located in a favorable geographical position and is expected to grow strongly in the future. Situated in the center of Vinh Phuc Province, it attracts many large businesses.

Modern infrastructure and an attractive investment environment are its strengths. Businesses benefit from tax incentives and support while taking advantage of the strategic location and convenient transportation for business expansion.

Chan Hung I.P attracts large projects in the industrial sector, creating job opportunities and boosting the socio-economic development of Vinh Phuc Province.

Advantage	Impact
Favorable geographical location	Attracts investment, expands business operations
Modern infrastructure	Increases competitiveness, enhances production quality
Attractive investment environment	Boosts the development potential of Chan Hung I.P

Chan Hung I.P is expected to develop strongly, becoming an attractive destination for both domestic and international businesses.

Conclusion

Chan Hung Industrial Park in Vinh Phuc Province is attracting many businesses looking to invest and expand their production activities in Vietnam. The industrial park has a favorable geographical location, modern infrastructure, and an attractive investment environment.

The development of Chan Hung I.P contributes to the economic growth of Vinh Phuc Province by attracting industries such as mechanical engineering and electronics. In the future, Chan Hung I.P will continue to develop and become an important production hub, making a positive contribution to the sustainable development of the region.

With its advantages in location, infrastructure, and investment environment, Chan Hung I.P is an ideal choice for investors looking to expand their production activities in Vietnam.

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FAQ

Where is Chan Hung Industrial Park located?

Chan Hung I.P is located in Chan Hung Commune, Vinh Tuong District, Vinh Phuc Province. This location is favorable and easily accessible to major economic centers.

How large is Chan Hung I.P?

The industrial park covers an area of approximately 129.75 hectares, providing ample space for businesses to invest and expand.

When was Chan Hung I.P established?

Chan Hung I.P was established in 2004 to meet the investment needs of both domestic and international businesses.

What are the infrastructure advantages of Chan Hung Industrial Park?

The industrial park has modern infrastructure, convenient transportation, and stable electricity and water supplies, meeting production needs.

What are the investment incentive policies at Chan Hung Industrial Park?

The industrial park offers land, tax, and support service incentives, attracting and assisting investors.

What are the key industries attracted to Chan Hung I.P?

The industrial park attracts investment in the mechanical engineering and electronics sectors, which are both key industries.

What is the future development potential of Chan Hung I.P?

With its advantages in location and infrastructure, Chan Hung I.P is expected to grow strongly, attracting many businesses to invest here.