My Xuan B1 Tien Hung Industrial Park in Ba Ria Vung Tau Province

Key Points to Note

• My Xuan B1 Tien Hung Industrial Park is situated in Ba Ria Vung Tau Province, one of Vietnam’s major industrial centers.
• The park is developed to attract investments in processing, manufacturing, and supporting industries.
• The industrial park boasts a favorable geographic location and convenient transportation connections.
• It has modern infrastructure that meets the needs of businesses.
• Attractive investment incentives and support from local authorities.

Geographic Location of My Xuan B1

My Xuan B1 Tien Hung Industrial Park is an attractive destination for investors. Its advantageous geographic location is right on National Highway 51. This industrial park easily connects to Hiep Phuoc Port and Go Dau Port, facilitating cargo transportation.

Convenient Road and Waterway Transport

My Xuan B1 Industrial Park is close to key transportation routes, making it easy for businesses to connect with domestic and international markets. Companies can easily access major seaports and international airports, optimizing transportation costs and time.

Connection to Key Economic Areas

My Xuan B1 Industrial Park is near key economic areas such as Ho Chi Minh City, Tay Ninh, and Long An. This strategic position aids in establishing and developing value chains, attracting resources, and creating a vibrant economic ecosystem.

The favorable geographic location, connecting to major economic centers, is a significant competitive advantage for My Xuan B1 Industrial Park.

Bà Rịa Vũng Tàu

Scale and Infrastructure of the Industrial Park

My Xuan B1 Tien Hung Industrial Park is a shining example in Ba Ria Vung Tau Province. It covers an area of 273 hectares, making it a modern industrial park with full amenities. This park is one of the best infrastructural setups in the region.

My Xuan B1 has been invested in with synchronized construction, meeting all business needs:

• Standardized electricity, water, and transportation systems
• Modern wastewater treatment systems
• Storage areas and business support services

This industrial park is built with a long-term vision, benefiting businesses and promoting the socio-economic development of the province.

This area has advantages in the scale of the industrial park and the infrastructure of My Xuan B1, making it an attractive investment destination for both domestic and foreign businesses.

Key Manufacturing Sectors

My Xuan B1 Tien Hung I.P develops many important manufacturing sectors, notably in processing, manufacturing, and supporting industries. The enterprises here significantly contribute to the province’s industrial productivity.

Processing and Manufacturing Industry

My Xuan B1 Industrial Park attracts many businesses in sectors such as textiles, leather and footwear, electronics, mechanics, and plastics. These sectors are crucial in the manufacturing landscape of My Xuan B1 and create many jobs for local workers.

Supporting Industry

In addition to processing and manufacturing, My Xuan B1 Industrial Park also attracts many supporting industry enterprises that produce parts and components. These companies provide necessary products and services for production, enhancing the supporting industry.

The manufacturing sectors in My Xuan B1 are essential for the development of processing, manufacturing, and supporting industries in the province, creating many job opportunities and helping the local economy grow.

Investment Environment and Incentives

My Xuan B1 Tien Hung I.P in Ba Ria Vung Tau Province is designed for businesses, featuring modern infrastructure and attractive investment incentives. This makes it an appealing destination for investors.

At My Xuan B1, businesses benefit from numerous incentives related to taxes, land use, and infrastructure, creating a competitive investment environment. They also enjoy policies that support labor and business services.

My Xuan B1 Tien Hung has favorable geographic and infrastructure advantages along with a strong investment environment, attracting manufacturing, processing, and supporting projects from both domestic and international investors.

Overview of My Xuan B1 Tien Hung Industrial Park in Ba Ria Vung Tau Province

History and Development

My Xuan B1 Tien Hung Industrial Park was established in 2003. Over the past 15 years, the history of My Xuan B1 Industrial Park has seen significant growth, becoming an important industrial center in the south.

This industrial park is strategically located, connecting with economic centers. The development of My Xuan B1 has attracted numerous enterprises. With large-scale and modern infrastructure, this park is a preferred destination for many investors.

The workforce at My Xuan B1 Tien Hung I.P is dedicated to continuous efforts. The history of My Xuan B1 Industrial Park has left a significant mark, positioning Ba Ria Vung Tau as one of the leading localities in processing and manufacturing.

Future Development Potential

My Xuan B1 Tien Hung I.P has a strategic position and modern infrastructure. The attractive investment environment is expected to draw many new projects, contributing to the socio-economic development of Ba Ria Vung Tau Province.

Industries such as processing, manufacturing, and support have significant potential for growth. This industrial park offers tax incentives, modern infrastructure, and abundant labor resources. Many investors are interested in choosing this area for their investments.

The future of My Xuan B1 Industrial Park is set to continue robust growth, supporting its goal of becoming an economic driving force for the province.

Workforce and Human Resources

My Xuan B1 Tien Hung I.P prides itself on having a rich and high-quality workforce. It has many training and human resource development policies in place, helping businesses enhance skills and increase labor productivity while ensuring a quality workforce.

Diversity and Specialization

The labor force at My Xuan B1 is diverse, ranging from engineers to management staff, meeting investor demands across various sectors, such as processing, manufacturing, and supporting industries.

Skills and Productivity Enhancement

• Businesses receive support for training and human resource development, updating skills and adopting modern technologies.
• Policies on benefits and continuous training improve labor productivity while attracting quality labor.
• Collaboration between businesses and training institutions or research facilities promotes the application of new technologies.

The training and human resource development policies at My Xuan B1 are effective. My Xuan B1 Tien Hung I.P attracts investors while creating a dynamic, professional, and potential-rich working environment.

Business Support Services

My Xuan B1 Tien Hung Industrial Park not only provides infrastructure but also offers a diverse ecosystem of services, allowing businesses to focus on core operations and develop effectively.

Businesses in My Xuan B1 Industrial Park can access the following services:

• Investment Consultation and Legal Support: A team of consulting experts assists businesses with investment procedures, business registration, and compliance with laws.
• Logistics Services: The advantageous location, along with transportation services, warehousing, and customs brokerage, optimizes the supply chain.
• Catering and Healthcare Services: Canteens, convenience stores, and medical stations within the industrial park ensure social welfare and health benefits for workers.

With these comprehensive support services, businesses at My Xuan B1 can enhance their production capacity, competitiveness, and sustainable development.

With comprehensive support services, businesses at My Xuan B1 will have a favorable environment to focus on production and effective business development.

Regional Cooperation and Linkages

My Xuan B1 Tien Hung Industrial Park places great emphasis on building relationships with other industrial parks. The goal is to create added value chains, enhancing production linkages and regional economic growth.

Through exchanges and information sharing, My Xuan B1 Tien Hung aims to promote regional cooperation within My Xuan B1. This supports investment and production growth for businesses.

The industrial park also actively collaborates with management agencies and local authorities, facilitating business operations. With a wide network of cooperation, My Xuan B1 Tien Hung is confident of achieving many successes in the future.

other industrial zones

• Cai Mep Industrial Park in Ba Ria – Vung Tau Province
• Chau Duc Industrial Park in Ba Ria – Vung Tau Province
• Da Bac Industrial Park in Ba Ria – Vung Tau Province
• Dat Do Industrial Park in Ba Ria – Vung Tau Province
• Dong Xuyen Industrial Park in Ba Ria – Vung Tau Province
• My Xuan A Industrial Park in Ba Ria – Vung Tau Province
• My Xuan A2 Industrial Park in Ba Ria – Vung Tau Province
• My Xuan B1 – Conac Industrial Park in Ba Ria – Vung Tau Province
• My Xuan B1 – Tien Hung Industrial Park in Ba Ria – Vung Tau Province
• Phu My 1 Industrial Park in Ba Ria – Vung Tau Province
• Phu My 3 Intensive Industrial Park in Ba Ria – Vung Tau Province
• Phu My II & Phu My II MR Industrial Park in Ba Ria – Vung Tau Province

FAQ

Where is My Xuan B1 Tien Hung Industrial Park located?

My Xuan B1 Tien Hung I.P is located in Ba Ria Vung Tau Province. It is one of the leading industrial centers in Vietnam.

What advantages does My Xuan B1 Industrial Park have in terms of geographic location?

My Xuan B1 Tien Hung I.P has a strategic location on National Highway 51, facilitating cargo transportation. This industrial park is close to key economic areas, providing opportunities for production and trade.

What is the scale and infrastructure of My Xuan B1 Industrial Park?

My Xuan B1 Tien Hung I.P covers 273 hectares and includes standardized systems for electricity, water, transportation, and wastewater treatment. This area is fully equipped and is one of the modern industrial parks in Ba Ria Vung Tau.

What are the key manufacturing sectors in My Xuan B1 Industrial Park?

My Xuan B1 Tien Hung I.P develops sectors such as textiles, leather and footwear, electronics, mechanics, and plastics. It also produces parts and components.

What investment incentives does My Xuan B1 Tien Hung Industrial Park offer?

My Xuan B1 Tien Hung I.P provides a favorable investment environment with tax incentives, land use advantages, and infrastructure support. Businesses also benefit from labor policies, training, and business support services.

What is the history and development of My Xuan B1 Tien Hung I.P?

My Xuan B1 Tien Hung I.P was established in 2003, making it one of the first industrial parks in Ba Ria Vung Tau Province. Over 15 years, this industrial park has become an important production center.

What is the future development potential of My Xuan B1 Tien Hung I.P?

With its strategic position and modern infrastructure, My Xuan B1 Tien Hung I.P is expected to attract many investment projects, continuing to boost the socio-economic development of Ba Ria Vung Tau Province.

What are the human resource training and development policies at My Xuan B1 Tien Hung Industrial Park?

My Xuan B1 Tien Hung I.P has an abundant and skilled workforce, which is continuously trained and developed. Businesses are supported in updating skills and enhancing labor productivity.

What business support services are available at My Xuan B1 Tien Hung I.P?

My Xuan B1 Tien Hung I.P offers various support services such as investment consultation, legal support, logistics, catering, and healthcare services. Businesses can take advantage of these amenities for effective operations.

How does My Xuan B1 Tien Hung Industrial Park facilitate regional cooperation and linkages?

My Xuan B1 Tien Hung I.P emphasizes cooperation and linkages with other industrial parks and businesses in the region, aiming to create value-added chains and enhance production linkages, fostering economic development.