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Song Lo II Industrial Park In Vinh Phuc Province

 SONG LO II INDUSTRIAL PARK VINH PHUC PROVINCE, VIET NAM

Song Lo II Industrial Park is located in Dong Thinh and Yen Thach Communes, Song Lo District, Vinh Phuc Province

Song Lo II Industrial Park is one of the potential industrial zones of Vinh Phuc 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.

Traffic advantages of enterprises operating in Song Lo II 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:

  • 21km from Viet Tri city
  • 60km from Hanoi city center
  • 30km from Vinh Yen city center
  • 3Km from Van Quan intersection, Noi Bai – Lao Cai highway

Waterway:

  • 192km from Cai Lan port
  • 180km from Hai Phong port

Airline:

  • 57km from Noi Bai International Airport

Investor: Vinh Phuc Infrastructure Development Joint Stock Company

Area of Song Lo II Industrial Park: The industrial park was built on a large scale with a total area of 165,655ha.

Economic planning:

  • Mechanical industry
  • Producing precision mechanical components and details
  • Manufacturing all kinds of machines for post and communication equipment
  • Producing electronic components, producing consumer electronic products.
  • Industry of high-grade building materials, plastic packaging, plastic products.
  • Electrical equipment industry, production of wires and equipment, construction materials
  • Manufacturing and assembling automobiles, spare parts and components for the assembly of cars and motorbikes
  • Electronic industry: Producing goods for electronic machines installed in cars and motorbikes.

Preferential policies at Song Lo II Industrial Park:

Corporate income tax incentives

  • Apply the CIT rate of about 22%
  • Apply the corporate income tax rate (CIT) at the rate of 10% for a period of 15 years to high-tech enterprises and to CIT taxes from the implementation of new investment projects in the fields of: scientific research and technological development.
  • Apply the CIT rate of 20% for a period of 10 years, applicable to CIT taxes from the implementation of new investment projects in production.
  • Apply the regime of tax exemption and reduction of CIT from 2 to 4 years, 50% reduction of payable tax from 4 to 9 subsequent years, depending on the business that the project is registered for.

Import duty free offer

  • Exemption from import tax on machinery and equipment creating fixed assets of the enterprise.
  • Exemption from import tax for components, spare parts, loose parts in production lines, raw materials, fuel and materials for production.

Main products of Song Lo II Industrial Park:

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

Other utilities of Song Lo II 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, enterprises operating in Song Lo II Industrial Park, Vinh Phuc province will be able to use preferential services of the Vinasc Group system. Specific services such as:

Industrial parks in the same area in Vinh Phuc province:

  • Son Loi Industrial Park
  • Ba Thien Industrial Park
  • Kim Hoa Industrial Park
  • Song Lo I Industrial Park
  • Song Lo II Industrial Park
  • Ba Thien II Industrial Park
  • Chan Hung Industrial Park
  • Thang Long Industrial Park
  • Binh Xuyen Industrial Park
  • Vinh Thinh Industrial Park
  • Khai Quang Industrial Park
  • Lap Thach II Industrial Park
  • Lap Thach I Industrial Park
  • Tam Duong I Industrial Park
  • Binh Xuyen II Industrial Park
  • Nam Binh Xuyen Industrial Park
  • Tam Duong II Industrial Park – Zone A
  • Tam Duong II Industrial Park – Zone B
  • Thai Hoa – Lien Son – Lien Hoa Industrial Park