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Rang Dong Textile and Garment Industrial Park In Nam Dinh Province

RANG DONG TEXTILE INDUSTRIAL PARK NAM DINH PROVINCE, VIET NAM

Rang Dong Textile and Garment Industrial Park is located in Rang Dong Town, Nghia Hung District, Nam Dinh Province.

Rang Dong Textile and Garment Industrial Park is one of the potential industrial zones of Nam Dinh province that 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. Infrastructure is being built, and enjoy many preferential regimes when investing.

Advantages of the traffic of enterprises operating in Rang Dong Textile and Garment Industrial Park

The industrial park has a strategic location for industrial development, flat terrain, convenient for goods transportation and circulation because it is adjacent to big cities with large ports and national highways, specifically as follows:

  Road:

  • 141km from Hanoi City center
  • 50km from Nam Dinh City center
  • 46km from Ninh Binh City center

Waterway:

  • 90km from Hai Phong Port
  • 10km from Hai Thinh Port
  • 200km from Cai Lan deep Seaport

Airline:

  • 160km from Noi Bai International Airport

Investor: Cat Tuong Real Estate Group Joint Stock Company

Area of Rang Dong Textile and Garment Industrial Park: The industrial park was built on a large scale with a total area of 2,044.6ha.

Economic planning:

  • Production of building materials
  • Producing and processing agricultural and forestry products
  • Mechanical and electronic manufacturing and assembly
  • Producing yarn, weaving, dyeing, and garment
  • Processing, wood processing, packaging printing
  • Processing consumer goods and exporting

Preferential policies at Rang Dong Textile and Garment Industrial Park:

Corporate income tax incentives

  • The corporate income tax rate is 20%
  • Exemption and reduction of 50% for enterprises operating in the field of socialization.
  • Tax exemption for 2 years (from the year of taxable income), 50% tax reduction for the next 4 years.
  • Tax exemption for 2 years and 50% tax reduction for newly established enterprises in areas with difficult socio-economic conditions.
  • Tax exemption for 4 years and 50% tax reduction for 9 years for newly established businesses. Apply 15 years since the project has revenue.

Preferential import and export tax exemption

  • Goods temporarily imported for re-export or temporarily exported for re-import for participation in fairs, exhibitions or product introduction; machinery, equipment and professional tools temporarily imported for re-export or temporarily exported for re-import to serve work within a certain period of time.
  • Goods are movable property of Vietnamese or foreign organizations and individuals brought into Vietnam or brought abroad within the prescribed amount.
  • Exports and imports of foreign organizations and individuals enjoy diplomatic privileges and immunities in Vietnam.
  • Goods imported for processing for foreign parties are exempt from import tax.
  • Goods imported or exported within the duty-free baggage allowance of people on exit or entry; goods being postal items or parcels belonging to the express delivery service have a minimum taxable value as prescribed by the Prime Minister.
  • Goods imported to create fixed assets of investment projects in fields eligible for import tax incentives.
  • Plant varieties and livestock breeds permitted to be imported for implementation of investment projects in the fields of agriculture, forestry and fishery.
  • Tax exemption for goods imported to serve oil and gas activities.
  • Exemption from import tax on raw materials and supplies directly serving the production of software products that cannot be produced domestically.

Main products of Rang Dong Textile and Garment Industrial Park:

  • Industrial land for rent
  • Factory for rent is available
  • Leasing land and building factories on request

Other facilities of Rang Dong Textile and Garment 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 Rang Dong Textile and Garment Industrial Park, Nam Dinh 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
  • Established business services
  • Legal and license consulting services
  • Consulting and building internal control process services
  • Work permit, temporary residence services for foreigners

Industrial parks in the same area in Nam Dinh province:

  • Hoa Xa Industrial Park
  • Viet Hai Industrial Park
  • Bao Minh Industrial Park
  • My Thuan Industrial Park
  • Hong Tien Industrial Park
  • Xuan Tien Industrial Cluster
  • An Xa Industrial Cluster
  • Xuan Kien Industrial Park
  • Thanh An Industrial Park
  • Trung Thanh Industrial Park
  • Rang Dong Textile and Garment Industrial Park