Nhon Hoi Industrial Park – Zone B In Binh Dinh Province

NHON HOI INDUSTRIAL PARK ZONE B BINH DINH PROVINCE, VIET NAM

Nhon Hoi Industrial Park Zone B is located in Nhon Hoi Commune, Quy Nhon City, Binh Dinh Province

Nhon Hoi Industrial Park – Zone B has been established and officially put into operation, not only serving the general development of Binh Dinh province, attracting the investment of domestic and foreign investors but also helping to create jobs, thereby improving the lives of local workers. The system of trees is arranged alternately between other functional areas to create green space for the purpose of environmental protection.

Priority on traffic of enterprises operating in Nhon Hoi Industrial Park Zone B:

Nhon Hoi Industrial Park – Zone B is planned in an area with a favorable geographical position, with many specific advantages for economic development and trade as follows:

Road:

  • Located 15km from the intersection of National Highway 1A
  • 6km from Quy Nhon City center

Waterway:

  • 6km from Quy Nhon Seaport

Airline:

  • 30km from Phu Cat Airport

Rail:

  • 18km from Dieu Tri Railway Station

Investor: Hong Yeung Vietnam Co., Ltd

Area of Nhon Hoi Industrial Park Zone B: The industrial cluster was built on a large scale with a total area of 460ha.

Economic planning:

  • Processing agricultural, forestry and fishery products, food
  • Producing consumer goods, household industry
  • Producing electrical equipment, consumer electronics, industrial electronics
  • Manufacturing, manufacturing and assembling auto parts, motorcycles, mechanical engineering
  • Mechanical industry, building materials, chemicals and other industries
  • Manufacture of packaging, footwear, apparel and some other light industries

Preferential policies at Nhon Hoi Industrial Park Zone B:

Exemption and reduction of corporate income tax

  • 50% reduction of personal income tax
  • 50% off for the next 9 years for businesses
  • Full tax exemption for the first 4 years since the project has taxable income
  • Apply the tax rate of 10% for 15 years from the time the project goes into production and business.

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 it is certified by the investment licensing agency.
  • 50% reduction of land rent during the period of production and business shutdown in the event of a natural disaster, fire, or force majeure accident.

Export tax, import tax

  • Exemption from import tax to create fixed assets
  • Tax exemption for 5 years from the beginning of production and business

Main products of Nhon Hoi Industrial Park Zone B:

  • House for rent is available
  • Industrial parkland for rent
  • Lease land and build houses on demand

Other utilities of Nhon Hoi Industrial Park Zone B:

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

In addition, businesses operating in Nhon Hoi Industrial Park – Zone B, Binh Dinh province will be able to use the preferential services of the Vinasc Group system. Specific tasks such as:

  • Accounting service
  • Auditing service
  • Tax consulting service
  • Appraisal of services
  • Service to set up the business
  • Legal and license consulting services
  • Consulting and building internal control process services
  • Work permit and temporary residence service for foreigners

Industrial zones and clusters in the same area in Binh Dinh province:

  • Phu Tai Industrial Park
  • Long My Industrial Park
  • Hoa Hoi Industrial Park
  • Nhon Hoi Industrial Park
  • Cat Trinh Industrial Park
  • Binh Nghi Industrial Park
  • Becamex VSIP Industrial Park
  • Nhon Hoi Industrial Park – Zone A
  • Nhon Hoi Industrial Park – Zone B
  • Nhon Hoi Industrial Park – Zone C
  • Du Tu Industrial Cluster
  • Go Cay Industrial Cluster
  • De Duc Industrial Cluster
  • Binh An Industrial Cluster
  • Hoai Hoa Industrial Cluster
  • Bong Son Industrial Cluster
  • Cat Nhon Industrial Cluster
  • Canh Vinh Industrial Cluster
  • Tay Xuan Industrial Cluster
  • Ngoc Son Industrial Cluster
  • Dai Thanh Industrial Cluster
  • Diem Tieu Industrial Cluster
  • An Luong Industrial Cluster
  • Hoai Chau Industrial Cluster
  • Tam Quan Industrial Cluster
  • Binh Duong Industrial Cluster
  • Doc Truong Soi Industrial Cluster
  • Hoa Hoi My Thanh Industrial Cluster