SAIGON – CHAN MAY INDUSTRIAL PARK AND NON-TARIFF ZONE THUA THIEN HUE PROVINCE, VIET NAM
Saigon – Chan May Industrial Park and Non-Tariff Zone is located in Tay Cang Chan May, Loc Tien Commune, Phu Loc District, Thua Thien Hue Province
Saigon – Chan May Industrial Park and Non-Tariff Zone were established and officially put into operation, not only serving the general development of Thua Thien Hue Province, attracting investment from 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 for the purpose of environmental protection.
Traffic incentives for businesses operating in Saigon – Chan May Industrial Park and Non-Tariff Zone
The industrial zone is planned in an area with a favorable geographical position: stable geological structure, not flooded, Chan May deep-water port is the nearest point to the East Sea connecting countries on the East-West economic corridor (Laos, Cambodia, Thailand, Myanmar,…) with Northeast Asian countries and the world. Owning a location that is considered the most favorable position facing the East Sea of EWEC, GMS.
Road:
- Located 59km from Thua Thien Hue City
- Located 38km from Hoi An City
Waterway:
- 47km from Tien Sa Port
- 3km from Chan May Port
Airline:
- 42km from Phu Bai Airport
- 38km from Da Nang International Airport
Investor: SGH Company
Area of Saigon – Chan May Industrial Park and Non-Tariff Zone: The industrial park was built on a large scale with a total area of 659.1ha.
Economic planning:
- Cement Production
- Production and processing of wood
- Producing products from plastic
- Producing fishing gear, building ferry boats
- Installation of other construction systems
- Industrial production of printing and packaging
- Producing other household appliances
- Producing and processing food, drinking water
Preferential policies at Saigon – Chan May Industrial Park and Non-Tariff Zone:
Corporate income tax
- Apply the corporate income tax rate of 17% for a period of 10 years, the period of application of the preferential tax rate is calculated continuously from the first year the enterprise has revenue from a new investment project.
- Enterprise income tax exemption for 02 years and a 50% reduction of payable tax for the next 4 years for income from the implementation of new investment projects. The tax exemption and reduction period is calculated continuously from the first year of having taxable income from the new investment project entitled to tax incentives, in case there is no taxable income for the first three years, from the first year. If there is revenue from a new investment project, the tax exemption or reduction period is counted from the fourth year.
Land rental tax
- Exemption of land rental during the period of capital construction (maximum of 3 years from the date of issuance of the land lease decision)
- Exemption from land rent for 07 years after the land rental exemption period of the basic construction period
- For projects on the list of sectors eligible for investment incentives: Land rent exemption for 11 years after the land rental exemption period of the basic construction period
- For projects on the list of fields of special investment incentives: Land rent exemption for 15 years after the land rental exemption period of the basic construction period
Export tax, import tax
- Be exempt from import tax to create fixed assets.
Main products of Saigon – Chan May Industrial Park and Non-Tariff Zone:
- Factory for rent is available
- Land for lease in Industrial Park
- Leasing land and building factories on request
Other facilities of Saigon – Chan May Industrial Park and Non-Tariff Zone:
- 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 Saigon – Chan May Industrial Park and Non-Tariff Zone, Thua Thien Hue Province will be able to use the preferential services of the Vinasc Group system. Specific services such as:
- Accounting service
- Auditing service
- Tax consulting service
- Appraisal service
- Legal and license consulting services
- Established business services
- Consulting and building internal control process services
- Work permit, temporary residence services for foreigners
Industrial zones in the same area in Thua Thien Hue Province:
- Tu Ha Industrial Park
- Phu Da Industrial Park
- La Son Industrial Park
- Phu Bai Industrial Park
- Quang Vinh Industrial Park
- Phong Dien Industrial Park
- Saigon – Chan May Industrial Park and Non-Tariff Zone