MY THANH INDUSTRIAL PARK SOC TRANG PROVINCE, VIET NAM
My Thanh Industrial Park is located in Huynh Ky Hamlet, Vinh Hai Commune, Vinh Chau Town, Soc Trang Province.
As one of the potential industrial zones of Soc Trang province, it 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.
Advantages of the traffic of enterprises operating in My Thanh 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:
- 8km from Soc Trang City
- Located 252km from the center of Saigon
Waterway:
- 253km from Saigon Port
- 262km from Cat Lai Port
Airline:
- 259km from Tan Son Nhat International Airport
Investor: Updating
Industrial park area: My Thanh Industrial Park is planned and built on an area with a total area of up to 305 hectares.
Economic planning:
- Textile and footwear industry
- Processing agricultural, aquatic products and food
- Mechanical engineering, manufacturing machinery and equipment
- Producing plastic, fertilizer, microbial products
- Producing all kinds of electrical and electronic products
- Producing animal feed, aquaculture
- Processing and manufacturing furniture, materials, and interior equipment
Preferential policy at My Thanh Industrial Park
Corporate income tax incentives
Corporate income from implementing new investment projects in areas with extremely difficult socio-economic conditions:
- To apply the preferential tax rate of 10% (compared to a normal enterprise’s 20%) for a period of 15 years from the first year that the enterprise has revenue;
- Tax exemption for not more than 04 years and 50% reduction of payable tax amount for no more than 09 subsequent years, counting from the first year the enterprise has taxable income; if in the first 03 years the enterprise does not have a taxable income. If the enterprise has taxable income, the incentive will be applied from the fourth year since the first year the enterprise has revenue.
Import tax incentives:
- Tax exemption when importing goods to create fixed assets of the investment project itself, including machinery, equipment and specialized means of transport; raw materials, supplies and construction supplies that cannot be produced domestically. Investment projects in industrial parks that are eligible for incentives equivalent to areas with extremely difficult socio-economic conditions will be exempt from import tax for a period of 5 years from the date of commencement of production. raw materials, supplies and components that cannot be domestically produced and are imported for production, except for projects that produce goods under the Prime Minister’s decision that are not exempt from import tax.
Main products of My Thanh Industrial Park:
- Industrial land for rent
- Factory for rent is available
- Leasing land and building factories on request
Other facilities of My Thanh 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 My Thanh Industrial Park, Soc Trang province will be able to use 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 Soc Trang Province
- Tran De Industrial Park
- Dai Ngai Industrial Park
- Song Hau Industrial Park
- An Nghiep Industrial Park