PHU MY 1 INDUSTRIAL PARK IN BA RIA – VUNG TAU PROVINCE, VIET NAM
Phu My 1 Industrial Park is located in My Xuan Ward, Phu My Town, Ba Ria Vung Tau Province
The industrial park 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 traffic of enterprises operating in Phu My 1 Industrial Park
Phu My 1 Industrial Park is planned to be located in a convenient location for traders to trade goods. As follows:
Road:
- Located 45km from Vung Tau City
- Located 51km from Ho Chi Minh City
Waterway:
- 6km from Thi Vai Port
Airline:
- 58km from Tan Son Nhat Airport
Investor: Dong Xuyen Industrial Park Infrastructure Investment and Exploitation Company 1
Area of Phu My 1 Industrial Park: The industrial park was built on a large scale with a total area of 754.36ha.
Economic planning:
- Production of building materials; precision mechanical manufacturing and fabrication; manufacture and repair motorcycles and equipment
- Textile industry, electricity, electronics
- Processing industrial products and food
- Other industries do not pollute the environment
Preferential policies at Phu My 1 Industrial Park:
Exemption and reduction of corporate income tax
- The preferential tax rate is 17% for 10 consecutive years from the first year the enterprise has revenue from the project. At the end of the application period of this preferential tax rate, the enterprise will switch to applying the 20% tax rate.
- Tax exemption for 2 years and 50% reduction for the next 4 years from the date of taxable income
Export tax, import tax
- Enterprises are exempt from import tax on imported goods according to the provisions of Article 16 of the Law on Import Tax and Export Tax No. 45/2005/QH11 dated June 14, 2005 and Article 12 of Decree No. 87/2010/ Decree-CP dated August 13, 2010 of the Government detailing the implementation of a number of articles of the Law on Import Tax and Export Tax.
Main products of Phu My 1 Industrial Park:
- Factory for rent is available
- Industrial park land for rent
- Leasing land and building factories on request
Other utilities of Phu My 1 Industrial Park:
- Security system
- Internal infrastructure system
- Water supply and drainage system
- Garbage and wastewater treatment system
- Fire protection system
- Clean water supply system
- Automatic wastewater monitoring system
In addition, businesses operating in Phu My 1 Industrial Park, Ba Ria – Vung Tau province will be able to use the preferential services of the Vinasc Group system. Specific services such as:
- Accounting services
- Auditing service
- Tax consulting service
- Appraisal service
- Legal and license consulting services
- Established business services
- Consulting service and building internal control process
- Work permit service, temporary residence for foreigners
Industrial zones in the same area in Ba Ria – Vung Tau province:
- Da Bac Industrial Park
- Dat Do Industrial Park
- Cai Mep Industrial Park
- Chau Duc Industrial Park
- Long Son Industrial Park
- Phu My 1 Industrial Park
- My Xuan A Industrial Park
- My Xuan A2 Industrial Park
- Dong Xuyen Industrial Park
- Long Huong Industrial Park
- Phu My 3 Specialized Industrial Park
- My Xuan Industrial Park B1 – Conac
- My Xuan Industrial Park B1 – Tien Hung
- My Xuan Industrial Park B1 – Dai Duong
- Phu My II & Phu My II MR Industrial Park