YEN PHONG IIC INDUSTRIAL PARK BAC NINH PROVINCE, VIET NAM
Yen Phong IIC Industrial Park is located in Tam Giang, Dong Tien Communes, Yen Phong District, Bac Ninh Province.
Yen Phong IIC Industrial Park is one of the potential industrial zones of Bac Ninh province that is attracting domestic and foreign investors. At the same time, creating jobs and improving the living standards of local workers. The system of trees is arranged alternately between other functional areas to create green space to protect the environment.
Traffic advantages of enterprises operating in Yen Phong IIC Industrial Park
The IP has a strategic location for business and industrial development, flat terrain, convenient for goods transportation and circulation because it is adjacent to big cities with wide ports and national highways, specifically as follows:
Road:
- 40km from Hanoi City center
- 16km from Bac Ninh City center
- 5 km from Hanoi – Thai Nguyen Expressway
- About 1 km from Noi Bai – Ha Long Expressway
Waterway:
- 135km from Cai Lan Port
- 120km from Hai Phong Port
Airline:
- 25km from Noi Bai International Airport
Investor: Viglacera Corporation – JSC
Area of Yen Phong IIC Industrial Park: The industrial park was built on a large scale with a total area of 219.22ha.
Economic planning:
- Mechanical industry, assembly
- Electronic industry, refrigeration, automobile, precision mechanics
- Other less polluting and toxic light industries
Preferential policies at Yen Phong IIC Industrial Park:
Corporate income tax incentives
- Apply the CIT rate of 20%. In which, 100% tax exemption for the first 2 years and 50% reduction of CIT for the next 4 years
Incentives on land rental
- Land rent is exempted for the first 10 years and reduced by 50% for the remaining years of the project’s operation, in addition to be considered for a decision to allow delayed payment of land rent for a certain period of time in the form of debt collection. with the State Budget.
- When investing in other areas in the province, they are entitled to preferential land rental rates, exempted from land rent for the first 8 years and reduced by 40% for the following years.
Import duty-free offer
- Exemption from import tax on machinery and equipment creating fixed assets of the enterprise.
- Exemption from import tax for components, spare parts, loose parts in production lines, raw materials, fuel and materials for production.
Main products of Yen Phong IIC Industrial Park:
- Factory for rent is available
- Industrial parkland for rent
- Leasing land and building factories on request
Other utilities of Yen Phong IIC Industrial Park:
- Security system
- Internal infrastructure system
- Water supply and drainage system
- Garbage and wastewater treatment system
- Clean water supply system
- Fire protection system
- Automatic wastewater monitoring system
In addition, businesses operating in Yen Phong IIC Industrial Park, Bac Ninh 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
- Established business services
- Legal and license consulting services
- Consulting and building internal control process services
- Work permit, temporary residence services for foreigners
Industrial parks in the same area in Bac Ninh province:
- Hanaka Industrial Park
- Que Vo 3 Industrial Park
- Que Vo 2 Industrial Park
- Que Vo 1 Industrial Park
- Tien Son Industrial Park
- Gia Binh Industrial Park
- Gia Binh 2 Industrial Park
- Yen Phong 1 Industrial Park
- Thuan Thanh 3 Industrial Park
- Thuan Thanh 2 Industrial Park
- Thuan Thanh 1 Industrial Park
- Yen Phong IIA Industrial Park
- Yen Phong IIB Industrial Park
- Yen Phong IIC Industrial Park
- Nam Son – Hap Linh Industrial Park
- Dai Dong – Hoan Son Industrial Park
- Vietnam – Singapore Industrial Park (VSIP)