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Long Duc Industrial Park In Tra Vinh Province

LONG DUC INDUSTRIAL PARK TRA VINH PROVINCE, VIET NAM

Long Duc Industrial Park is located in Vinh Yen Hamlet, Long Duc Commune, Tra Vinh City, Tra Vinh Province.

Long Duc Industrial Park was established and officially put into operation, not only serving the general development of Tra Vinh Province, attracting the investment of 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 to protect the environment.

Advantages of the traffic of enterprises operating in Long Duc Industrial Park

Long Duc Industrial Park is planned in an area with favorable geographical location, specifically as follows:

Road:

  • Located 83.3km from Can Tho City
  • Located 3.7km from Tra Vinh City
  • Located 122km from Ho Chi Minh City Center

Waterway:

  • 122km from Saigon Port
  • 131km from Cat Lai Port

Airline:

  • 130km from Tan Son Nhat International Airport

Investor: Tra Vinh Economic Zone Management Board

Area of Long Duc Industrial Park: The industrial park was built on a large scale with a total area of 100.6ha.

Economic planning:

  • Producing leather shoes, dyeing, and garment
  • Producing and processing food, drinking water
  • Mechanical processing, metal processing, and coating, chemicals
  • Producing materials and other installation equipment for construction

Preferential policies at Long Duc Industrial Park:

Corporate income tax

  • The enterprise income tax rate of 17% is applied 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 the new investment project.
  • Being exempt from corporate income tax for 02 years and reducing 50% of the 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
  • Land rent exemption for 11 years after the land rental exemption period of the basic construction period
  • Land rent exemption for 15 years after the land rental exemption period of the basic construction period

Export tax, import tax

  • Exemption from import tax to create fixed assets

Main products of Long Duc Industrial Park:

  • Industrial parkland for rent
  • Factory for rent is available
  • Leasing land and building factories on request

Other utilities of Long Duc Industrial Park:

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

In addition, businesses operating in Long Duc Industrial Park, Tra Vinh Province will be able to use preferential services of the Vinasc Group system. Specific services such as:

  • Auditing service
  • Accounting services
  • 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 zones in the same area in Tra Vinh Province:

  • Cau Quan Industrial Park
  • Ngu Lac Industrial Park
  • Co Chien Industrial Park