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Long My Industrial Park In Binh Dinh Province

LONG MY INDUSTRIAL PARK BINH DINH PROVINCE, VIET NAM

Long My Industrial Park is located in Phuoc My Commune, Binh Dinh Province

Long My Industrial Park 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 Long My Industrial Park:

Long My Industrial Park is planned in an area with a favorable geographical with many specific advantages for economic development and trade as follows:

  • To the southwest, it borders the Cau stream
  • The Southeast borders Black Mountain
  • The Northeast is adjacent to the Martyrs Cemetery in Phuoc My Commune
  • The Northwest borders on Thanh Long inter-village road, Phuoc My commune

Road:

  • 44km from Quy Nhon City center

Waterway:

  • 15km from Quy Nhon Seaport

Airline:

  • 25km from Phu Cat Airport

Investor: Nhon Hoa Industrial Park Infrastructure Investment Co., Ltd

Area of Long My Industrial Park: The industrial cluster was built on a large scale with a total area of 117.67ha.

Economic planning:

  • Processing agricultural and forestry products
  • Producing leather, rubber, plastic
  • Guest industries
  • Producing materials and other installation equipment in construction

Preferential policies at Long My Industrial Park:

Exemption and reduction of corporate income tax

  • New investment projects in the following fields: Producing software products; production of composite materials, all kinds of light construction materials, rare and precious materials; manufacturing equipment for environmental pollution treatment, environmental monitoring and analysis equipment; recycling, reuse of waste,… are entitled to a preferential tax rate of 10% for a period of 15 years, tax exemption for 4 years and a reduction of 50% for the next 9 years.
  • New investment projects in the fields of: Processing agricultural and aquatic products; preserving agricultural products after harvest, preserving agricultural products, aquatic products, and food; salt production, mining and refining enjoy preferential tax rates of 10% throughout the life of the project.
  • New investment projects in other fields: Enjoy a preferential tax rate of 17% for 10 years, tax exemption for 2 years, and 50% reduction for the next 4 years.

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

Main products of Long My Industrial Park:

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

Other utilities of Long My Industrial Park:

  • 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 Long My Industrial Park, 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