Lap Thach II Industrial Park, Vinh Phuc Province

Lap Thach II Industrial Park is an important industrial zone in Vinh Phuc Province. It is designed to attract investment projects with the goal of boosting local socio-economic development. Located in the Northern Key Economic Region, Lap Thach II Industrial Park is an excellent destination for investors. Its favorable geographical location, synchronized infrastructure, and attractive incentive policies are key strengths.

Key Highlights

Favorable geographical location, near major economic centers

Synchronized, modern infrastructure with comprehensive support services

Attractive investment incentive policies from local authorities

Clear investment environment with stable security

Strategic location in the Northern Key Economic Region

Geographical Location of Lap Thach II Industrial Park

Lap Thach II Industrial Park is located in the communes of Dong Ich, Tien Lu, Tu Du, and Ban Gian, in Lap Thach District, Vinh Phuc Province, within the Northern Key Economic Region. Its geographical location is highly advantageous. The area has a diverse transportation system, including road, rail, and international airport access.

This creates easy connections to major economic centers, facilitating convenient goods transport and labor mobility.

Prime Location and Convenient Transportation

Lap Thach II is located along important transportation routes. It is near expressways, railways, and an international airport, enhancing production and logistics efficiency.

Suitable Climate and Natural Conditions

The Lap Thach II area enjoys a temperate climate with stable temperatures year-round and distinct seasons. These natural conditions are highly suitable for industrial production.

The geographical location and natural conditions of Lap Thach II are key factors, creating appeal and development potential for the area.

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History of Formation and Development

Lap Thach II Industrial Park, an attractive investment destination in Vinh Phuc Province, has a remarkable development history. Established and operational since 2009, this industrial park has undergone a comprehensive planning process, infrastructure investment, and impressive business attraction.

Over the years, the history of Lap Thach II has witnessed continuous development. From the early days with a modest number of businesses, its growth has been significant. The industrial park has become a key investment destination in Vinh Phuc Province, attracting both domestic and foreign investors.

Today, Lap Thach II continues to assert its position, becoming a prominent industrial location in Vietnam. With its advantages in geographical location, infrastructure, and incentive policies, the industrial park is moving toward new development phases, contributing to the socio-economic growth of Vinh Phuc Province.

Lap Thach II is not only an investment destination but also a symbol of Vinh Phuc’s socio-economic development.

Year Established	Area	Occupancy Rate	Number of Enterprises
2009	111.501 ha	90%	180

Industries and Investment Enterprises

Lap Thach II is a magnet for businesses investing in Vinh Phuc Province. Its excellent location and infrastructure attract a variety of industries, including manufacturing, services, and trade.

Manufacturing Industry

This industrial park has attracted big names such as Toyota, Panasonic, Canon, and Adidas. These companies chose Lap Thach II to expand their production, creating an efficient supply chain and driving the growth of industries at the park.

Service and Trade Industry

Lap Thach II also draws in service and trade companies, in sectors such as logistics, real estate, and finance.
Leading companies like Vinalines, Savills, and Techcombank have expanded into Lap Thach II.
The presence of these companies has created a favorable business environment, attracting even more investors.

Lap Thach II is becoming an attractive destination for businesses in various industries, offering significant business growth opportunities.

Scale and Development Potential

Lap Thach II is located in Vinh Phuc Province, covering a large area of 111.501 hectares. This area is carefully planned, with designated zones for industrial production, commercial services, and infrastructure.

The industrial park’s potential doesn’t stop at its current size. It is an area with great development potential for the future. Managers are implementing new projects to expand the area and attract reputable investors.

Future Expansion Plans and Projects

Lap Thach II is planning to launch several new projects aimed at increasing its attractiveness to investors. These projects focus on expanding the area, improving infrastructure, and enhancing support services.

Lap Thach II is not just a bright spot on Vinh Phuc’s investment map—it’s where investors can realize bold business ideas.

Overview of Lap Thach II Industrial Park, Vinh Phuc Province

Lap Thach II Industrial Park is a large and significant industrial zone in Vinh Phuc Province. It was developed to attract domestic and international investment, with the goal of promoting economic growth and creating jobs for the local population.

Lap Thach II is located in the north, a key economic region. Its prime geographical location and well-developed transportation system make this industrial park highly attractive, helping to draw in numerous investors.

With its large area and modern infrastructure, this industrial park is becoming a prominent player in Vietnam’s industrial investment landscape. Thanks to its incentive policies, the park is attracting investment capital and producing high-quality products.

Infrastructure and Amenities

Lap Thach II was built with modern technical infrastructure to meet the operational needs of businesses. From transportation to facilities, everything is designed to create an ideal investment environment.

Transportation and Logistics System

Lap Thach II is conveniently located, with road, rail, port, and airport access. This makes it easy for businesses to transport goods and reach both domestic and international markets.

Facilities and Support Services

Lap Thach II offers comprehensive amenities such as electricity, water, and telecommunications. There are also dining facilities, daycare centers, hospitals, schools, and banks. Businesses can focus solely on production and operations without worrying about infrastructure or services.

Infrastructure and Amenities	Description
Transportation System	Roads, rail, ports, airports
Facilities	Electricity, water, telecommunications
Support Services	Dining, daycare, hospitals, schools, banks

With investments in infrastructure and modern amenities, Lap Thach II is an ideal destination for both domestic and international businesses.

Investment Environment and Incentive Policies

Lap Thach II Industrial Park in Vinh Phuc Province offers an attractive investment environment, with numerous incentives and support for investors. These policies create favorable conditions for businesses to invest and grow.

Incentives at Lap Thach II include:

Land incentives: Competitive land lease prices, long-term leases
Tax incentives: Corporate income tax exemptions and reductions, import tax exemptions on machinery and equipment
Administrative support: Guidance and quick, efficient processing
Infrastructure support: Development of transportation, power, water, and telecommunications systems

With these attractive investment policies, businesses at Lap Thach II will benefit significantly, promoting the park’s growth and contributing to the local economy.

Incentive Type	Details
Land Incentives	Competitive land lease prices, long-term leases
Tax Incentives	Corporate income tax exemptions and reductions, import tax exemptions on machinery and equipment
Administrative Support	Guidance, problem-solving, quick processing
Infrastructure Support	Development of transportation, power, water, and telecommunications systems

Lap Thach II offers attractive investment opportunities. Comprehensive incentive policies create favorable conditions for investors.

Economic Role and Contribution

Lap Thach II Industrial Park plays an important role in the development of Vinh Phuc Province. It has attracted numerous businesses, created jobs, and raised incomes for local residents. This has helped develop the industrial and service sectors while increasing the province’s revenue.

The economic contributions of Lap Thach II include:

Attracting large investment projects from multinational corporations
Creating jobs for thousands of local workers and neighboring residents
Raising incomes and improving the living standards of workers
Contributing to the revenue of Vinh Phuc Province
Promoting the development of industries, services, logistics, and other economic sectors

Thanks to these contributions, the role of Lap Thach II is increasingly recognized as a key driver of Vinh Phuc’s competitiveness in attracting investment and promoting sustainable development.

Collaboration and Development Partnerships

Lap Thach II has focused on building a network of partnerships. It collaborates with other industrial parks, economic centers, and nearby urban areas to create a comprehensive development ecosystem.

Businesses and the community can prosper together. The industrial park also expands international cooperation, attracting foreign investors.

This enhances Vinh Phuc’s position and competitiveness on the investment map, providing momentum for local economic growth.

Thanks to these development partnerships and collaborations, Lap Thach II is affirming its role as an attractive investment destination, contributing to Vinh Phuc’s growth.

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FAQ

What is the geographical location of Lap Thach II Industrial Park?

Lap Thach II Industrial Park is located in the Northern Key Economic Region, in the communes of Dong Ich, Tien Lu, Tu Du, and Ban Gian, Lap Thach District, Vinh Phuc Province. It has a favorable location with road, rail, and airport transportation systems. The temperate climate is also suitable for industrial production.

What is the history of formation and development of Lap Thach II?

Lap Thach II was established in 2009. Its development process includes planning, infrastructure investment, and business attraction. The industrial park continues to grow, attracting both domestic and foreign investors.

What are the main industries and investment enterprises at Lap Thach II?

Lap Thach II attracts a wide range of industries, including automotive, electronics, mechanical engineering, and textiles. It also hosts service sectors such as logistics, real estate, and finance. Leading companies have invested here, driving the park’s growth.

What is the scale and development potential of Lap Thach II Industrial Park?

Lap Thach II Industrial Park covers an area of 111.501 hectares. It is meticulously planned for industrial production, commercial services, and infrastructure. The industrial park is expanding and launching new projects to attract more investors.

What is the infrastructure and amenities of Lap Thach II Industrial Park?

Lap Thach II Industrial Park has modern infrastructure, including road, rail, port, and airport access. It also provides facilities such as electricity, water, telecommunications, and support services for businesses.

What is the investment environment and incentive policy at Lap Thach II?

Lap Thach II offers an attractive investment environment with land and tax incentives, administrative support, and infrastructure development. Businesses benefit from comprehensive incentives and support from local authorities.

What is the economic role and contribution of Lap Thach II?

Lap Thach II plays a key role in Vinh Phuc’s economic development, attracting investment, creating jobs, raising incomes, and boosting the province’s revenue. It promotes industrial and service development.

What are the collaboration and development partnerships of Lap Thach II?

Lap Thach II has built partnerships with other industrial parks, economic centers, and urban areas, while expanding international cooperation. This enhances Vinh Phuc’s position on the investment map.