Thang Long Industrial Zone in Vinh Phuc Province
Thang Long Industrial Zone, located in Vinh Phuc Province, is a modern and dynamic industrial area. It was built to become a leading industrial center. This area attracts both domestic and foreign businesses for investment and development. The strategic location, synchronized infrastructure system, and attractive incentive policies make Thang Long Industrial Zone appealing. It is an ideal destination for investors.
Highlights of Thang Long Industrial Zone
- Strategic location in the center of a key economic development area.
- Convenient, multi-modal transportation connections.
- Modern and synchronous infrastructure.
- Attractive investment environment with various incentives.
- Great development potential, attracting many domestic and foreign businesses.
Geographical Location of Thang Long Industrial Zone
Thang Long Industrial Zone is located in the communes of Thien Ke and Tam Hop in Binh Xuyen District, Vinh Phuc Province, an important economic center in the North. This location provides good transportation connectivity, facilitating production and business.
Located in a Key Economic Development Area
Thang Long I.Z has a strategic position, linking to Noi Bai – Lao Cai. It connects directly to Hanoi and neighboring provinces. This area has a developed economy with many investment opportunities.
Convenient Transportation Connections
Thang Long I.Z features a developed transportation system. It connects with major economic centers both domestically and internationally through roads, railways, and air transport.
| Criteria | Thang Long I.Z |
| Distance to Hanoi | 45 km |
| Distance to Hai Phong Port | 120 km |
| Distance to Noi Bai International Airport | 50 km |
The favorable geographical location of Thang Long I.Z is one of the key factors contributing to the region’s development and investment attraction.
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History of Formation and Development
Thang Long Industrial Zone was established in 1997 with the goal of becoming an important industrial center in Vietnam. Over the past 20 years, Thang Long I.Z has attracted numerous enterprises from both domestic and foreign sources, creating jobs for thousands of people.
Initially, Thang Long I.Z covered less than 1,000 hectares. However, it has continuously expanded and developed. Today, this industrial zone spans nearly 3,400 hectares, making it one of the largest industrial zones in Northern Vietnam.
The development process of Thang Long I.Z has significantly contributed to the industrialization and modernization of Vinh Phuc Province. This industrial zone has attracted many projects across various fields such as manufacturing, logistics services, and automotive engineering.
The favorable geography has made Thang Long I.Z an attractive investment destination, promoting the socio-economic development of Vinh Phuc Province and its neighboring areas.
The development of Thang Long I.Z is a success story, transforming from a region with little potential into an important industrial hub in Vietnam.
Overview of Thang Long Industrial Zone in Vinh Phuc Province
Scale and Development Potential
Thang Long Industrial Zone is an important industrial center in Vinh Phuc Province. Covering an area of 213 hectares, it provides space for manufacturing, logistics, and services. The zone is designed with modern infrastructure, attracting both domestic and foreign enterprises.
With its favorable geographical location and attractive incentive policies, Thang Long I.Z has high development potential. Its dynamic business environment and diverse services will draw numerous investment projects.
Thang Long I.Z is not only a manufacturing space but also a hub of modern utilities and services, creating an attractive investment environment for investors.
Key Industries in the Industrial Zone
Thang Long I.Z in Vinh Phuc Province has attracted many enterprises operating in manufacturing and logistics services. The zone’s strategic location and modern infrastructure have drawn numerous investors.
Manufacturing Industry
The manufacturing sector is the primary focus of Thang Long I.Z. Enterprises in this field include:
- Electronics
- Mechanical engineering
- Textiles
- Other supporting industries
Logistics and Service Sector
Thang Long I.Z also attracts many logistics and service companies, enhancing the operational efficiency of manufacturers.
| Sector | Contribution Rate (%) |
| Manufacturing | 75% |
| Logistics and Services | 25% |
Thang Long I.Z has become one of the top destinations for investors due to its strategic location and modern infrastructure.
Attractive Investment Environment
Thang Long I.Z, located in Vinh Phuc Province, is an appealing investment destination. The investment environment here is stable and secure, with modern infrastructure being a strong point.
The Vinh Phuc provincial government is ready to support investors, providing attractive investment incentive policies such as:
- Incentives for corporate income tax
- Support for land allocation and technical infrastructure
- Facilitation of administrative procedures
Thang Long I.Z is also attractive due to its favorable location. Multi-modal transportation and an abundant labor force are advantages. Enterprises also benefit from diverse logistics and support services.
Thang Long I.Z is becoming a bright spot in Vietnam’s industrial investment landscape. With these advantages, it will continue to be an appealing destination for investors.
Utilities and Synchronized Infrastructure
Thang Long Industrial Zone is built with modern infrastructure. It is designed to meet the needs of enterprises. The transportation system conveniently connects with economic centers, seaports, and airports, optimizing logistics and transportation.
The comprehensive and modern infrastructure at Thang Long I.Z includes:
- Continuous electricity and water supply, meeting production and living needs
- Telecommunications networks and high-speed internet, ensuring seamless connectivity
- Wastewater treatment systems that ensure environmental hygiene
- Social infrastructure services such as housing, schools, hospitals, and recreational areas
With complete utilities and synchronized infrastructure, Thang Long I.Z creates a full investment environment, attracting both domestic and foreign investors to Vinh Phuc.
| Utilities | Description |
| Transportation connection system | Conveniently connects with economic centers, seaports, and airports |
| Modern infrastructure | Comprehensive, ensuring production and living needs are met |
| Social infrastructure services | Housing, schools, hospitals, recreational areas |
Investment Incentives for Investors
The local government and the management board of Thang Long I.Z have implemented many investment incentive policies aimed at attracting both domestic and foreign investors. The incentives include tax exemptions, land allocation support, and infrastructure development. This enables investors to capitalize on the advantages of this area.
Investors in Thang Long Industrial Zone will enjoy:
- Exemptions or reductions in corporate income tax for up to 17 years
- 100% support for the construction of technical infrastructure within the industrial zone
- A maximum of 50% support for training and workforce development costs
- Attractive land rental prices and quick administrative procedures
These policies create favorable conditions for businesses, assisting them in implementing and expanding their operations within Thang Long I.Z. This contributes to the sustainable development of the region.
With the attractive incentive policies of Thang Long I.Z, investors can confidently proceed, benefiting from optimal conditions for their operations. This contributes to the overall development of the area.
Conclusion
Thang Long Industrial Zone in Vinh Phuc Province is rapidly developing. It is a modern and dynamic industrial center. The strategic location, synchronized infrastructure, attractive policies, and secure investment environment have attracted many enterprises.
Thang Long’s favorable geographical location and modern transportation system, along with attractive incentive policies, create a secure investment environment, drawing numerous investors.
Thang Long I.Z is poised for strong development, becoming an ideal destination for businesses. This will promote economic growth and enhance living standards for local residents.
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FAQ
Where is Thang Long Industrial Zone located?
Thang Long I.Z is located in the communes of Thien Ke and Tam Hop in Binh Xuyen District, Vinh Phuc Province. It is a modern and dynamic industrial area in Vietnam.
Why does Thang Long I.Z have a favorable location?
This industrial zone is situated in the center of the key economic region of Northern Vietnam, with good transportation connections to roads, airports, and seaports.
How was Thang Long I.Z established and developed?
Thang Long I.Z was established in 1997 with the goal of becoming an important industrial center. Over the past 20 years, the zone has attracted numerous enterprises.
What is the scale and development potential of Thang Long I.Z?
This industrial zone covers more than 1,200 hectares, with various areas for manufacturing, logistics, administrative services, and residential purposes. With modern infrastructure, this area is expected to develop significantly.
What are the main industries in Thang Long Industrial Zone?
The industrial zone attracts many sectors, including electronics, mechanical engineering, textiles, and logistics services.
What is the investment environment like in Thang Long Industrial Zone?
This industrial zone features modern infrastructure and attractive incentive policies, providing a secure and stable investment environment that appeals to investors.
What utilities and infrastructure are available in Thang Long I.Z?
The industrial zone has modern infrastructure, including convenient transportation, electricity, water, telecommunications, and wastewater treatment systems.
What investment incentives are available in Thang Long I.Z?
There are numerous investment incentives such as tax exemptions and reductions, land support, and infrastructure assistance. These aim to attract both domestic and foreign investors.