Pho Noi A Industrial Park in Hung Yen Province

Pho Noi A Industrial Park is a key industrial area in Hung Yen Province, featuring a strategic location and modern infrastructure. It’s an attractive destination for domestic and international businesses thanks to its investment incentives and favorable business environment.

Key Highlights of Pho Noi A Industrial Park

Strategic location in a major economic region

Modern infrastructure that meets business needs

Attractive investment incentives and support

Favorable business environment with abundant labor resources

Great potential for future growth

Geographic Location of Pho Noi A Industrial Park

Pho Noi A Industrial Park is located in My Hao District, Hung Yen Province, near major transportation routes such as National Highway 5, National Highway 38, and Noi Bai International Airport. This provides easy access to major economic centers like Hanoi, Hai Phong, and nearby provinces.

Located in a Prime Economic Region

Pho Noi A I.P is established in a prime economic area of Hung Yen Province, concentrating on production, commerce, and services. With strong development potential, it is an ideal location for businesses to invest and expand operations.

Proximity to Major Transportation Routes

Pho Noi A I.P is close to major transportation routes such as National Highway 5, National Highway 38, and Noi Bai International Airport. This convenient location facilitates the transportation of goods, access to consumer markets, and raw materials, optimizing logistics costs and enhancing the competitiveness of businesses in the park.

Transportation Access	Distance
National Highway 5	2 km
National Highway 38	3 km
Noi Bai International Airport	30 km

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History of Formation and Development

In its early years, the industrial park attracted many large enterprises, thanks to its good infrastructure and favorable policies. Pho Noi A quickly became a highlight of Hung Yen Province. Today, the industrial park has experienced strong growth, establishing itself as a leading industrial park. Its rapid expansion in scale and quality has made Pho Noi A stand out.

Pho Noi A Industrial Park has become a beacon of industrial development in Hung Yen, contributing to the province’s prosperity. This area has achieved many milestones and continues to play a significant role in the socio-economic development of Hung Yen Province.

Scale and Modern Infrastructure

Pho Noi A I.P, located in Hung Yen Province, offers a large area and modern infrastructure, meeting the needs of businesses looking to expand. This location has vast industrial land available, allowing companies to quickly implement projects.

Convenient Transportation System

Pho Noi A has a well-planned transportation system, ensuring connectivity and smooth operations. The area supports efficient movement for logistics and goods transportation.

Criteria	Information
Industrial Area	Large, with available land for development
Transportation System	Modern, ensuring smooth mobility

With a large area and a modern transportation system, Pho Noi A I.P is an ideal investment environment, attracting businesses both domestically and internationally.

Main Industries and Activities

Pho Noi A I.P is ideal for businesses in various fields. The park particularly attracts companies in manufacturing and logistics, owing to its modern infrastructure and strategic location, making it appealing for numerous investors.

Manufacturing Industry

The main industries in Pho Noi A focus on production and processing. Products like electronic components, machinery, plastics, wood, and consumer goods are manufactured here. With abundant raw materials and supportive policies, the industrial park is experiencing strong growth, creating many job opportunities for local labor.

Logistics and Supply Chain Services

Pho Noi A also attracts many logistics companies due to its convenient location and modern infrastructure. Transportation, warehousing, and distribution companies enhance the competitiveness of manufacturing enterprises.

Pho Noi A I.P is becoming an ideal destination for companies in manufacturing and logistics, thanks to its strategic infrastructure and advantageous location.

Investment Incentives and Support

Pho Noi A I.P in Hung Yen Province offers not only a prime location and modern infrastructure but also attractive investment incentives and support for businesses. Various incentive programs have been implemented to attract and develop investors.

Key Investment Incentives

Corporate income tax incentives for up to 10 years
Land lease exemptions and reductions for up to 19 years, depending on the project
Support for essential infrastructure development
Assistance with legal procedures and free investment consultation

Investment Support Services

Diverse, ready-to-use land with varied sizes and locations
Fast-track administrative and permit support
Legal and investment consultation
Connection to suppliers and potential partners

With the investment incentives in Hung Yen’s Pho Noi A I.P, businesses have opportunities for growth, supported by a potential-filled and well-supported business environment.

Incentive	Duration
Land lease exemption and reduction	Up to 19 years
Corporate income tax incentives	Up to 10 years
Infrastructure support	Project-dependent

Favorable Business Environment

Pho Noi A Industrial Park in Hung Yen Province is an ideal location for businesses, offering various advantages that support sustainable development.

Abundant Workforce

Pho Noi A boasts a young, skilled, and abundant workforce that meets business demands. This makes it easy for investors to recruit and train personnel.

Transparent Legal System

The transparent legal framework of Pho Noi A is another advantage, providing security for businesses. Investment and business registration procedures are quick and efficient.

With advantages in workforce and legal transparency, Pho Noi A I.P attracts many investors, offering significant opportunities for sustainable development.

Future Growth Potential

Pho Noi A I.P is located at the heart of a key economic area, with a strategic location and modern transportation system. Thus, it is expected to grow strongly in the future.

Experts believe that Pho Noi A has great potential for development, with the area poised to become a leading production and investment hub. Key factors for sustainable future growth include:

Favorable geographic location near major transportation routes
Modern technical infrastructure and services that meet investor needs
An abundant, skilled labor force
Attractive investment policies that create favorable conditions for businesses

By leveraging these advantages, Pho Noi A I.P will continue to grow, becoming a preferred destination for both domestic and international investors.

Development Potential	Key Benefits
Leading production and investment hub	Strategic location, strong connectivity
Strong future growth potential	Modern infrastructure, comprehensive services
Ideal investment destination	Abundant labor force, attractive incentives

Projects and Expansion Plans

Pho Noi A I.P has multiple expansion plans underway, aimed at enhancing its position and development potential in the future. One notable project is expanding the industrial park area beyond the previous 596 hectares, which will attract more new businesses.

The infrastructure of Pho Noi A is also being upgraded. For example, transportation systems, technical infrastructure, and utilities are being expanded and improved to create a favorable business environment for investors.

With these development plans, Pho Noi A Industrial Park will continue to be a premier destination, attracting both domestic and international businesses to invest in Vietnam.

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FAQ

Where is Pho Noi A Industrial Park located?
Pho Noi A I.P is located in My Hao District, Hung Yen Province, close to major transportation routes like National Highway 5, National Highway 38, and Noi Bai International Airport. This location provides easy connections to Hanoi, Hai Phong, and neighboring provinces.

What is the scale and infrastructure of Pho Noi A I.P?
Pho Noi A I.P covers a large area, meeting the needs of many businesses. The transportation system within the industrial park is well-integrated, ensuring convenient movement.

What are the main industries and activities in Pho Noi A I.P?
Pho Noi A I.P attracts businesses in processing, manufacturing, logistics, and supply chain services. Main industries include electronic component production, mechanical processing, logistics, and warehousing.

What investment incentives and support does Pho Noi A I.P offer?
Pho Noi A I.P provides numerous incentives and support for businesses, including tax benefits, land lease discounts, infrastructure support, and other services.

What is the business environment like at Pho Noi A I.P?
Pho Noi A I.P offers a favorable business environment with an abundant, high-quality workforce and a transparent legal system that enables businesses to operate efficiently and develop sustainably.

What is the future growth potential and expansion plans for Pho Noi A Industrial Park?
Pho Noi A Industrial Park, with its strategic location, modern infrastructure, and favorable business environment, is expected to grow strongly in the future, becoming a top production and investment hub. Several projects and expansion plans are underway to enhance infrastructure and attract businesses to invest.