Viet Huong 1 Industrial Park In Binh Duong Province

VIET HUONG 1 INDUSTRIAL PARK BINH DUONG PROVINCE, VIET NAM

Viet Huong 1 Industrial Park is located at Km 11, Binh Duong Boulevard, Thuan An Town, Binh Duong Province.

Viet Huong 1 Industrial Park is one of the industrial parks that have contributed a lot to making the economy of Binh Duong Province in general and Thuan An City in particular more diversified. At the same time, creating jobs and improving the living standards of local workers. The system of trees is arranged alternately between other functional clusters to create green space to protect the environment.

Advantages of the traffic of enterprises operating in Viet Huong 1 Industrial Park

The industrial park is located close to key areas, including economic and cultural centers. At the same time, it is located close to urban areas, airports, ports and border gates. With a convenient location, it will help investors reduce costs and time when transporting goods. As follows:

Road:

  • 40km from Ho Chi Minh City
  • 4km from Thu Dau Mot City

Waterway:

  • 30km from Dong Nai Port
  • 42km from Sai Gon Port

Airline:

  • 41km from Tan Son Nhat International Airport

Investor: Viet Huong Joint Stock Company

Industrial park area: Currently, the area of Viet Huong Industrial Park is 36ha, of which industrial land for lease is 36,064ha.

Economic planning:

  • Producing children’s toys
  • Electronic assembly technology
  • Producing household products
  • Producing handicrafts
  • Textile, garment, footwear industry

Preferential policies at Viet Huong 1 Industrial Park

Tax incentives, corporate income tax

  • Corporate income tax rate of 10% for a period of 15 years, tax exemption for 4 years and 50% reduction of payable tax for the next 9 years.
  • Tax rate of 17% for 10 years and tax exemption for 2 years and 50% reduction of payable tax for 4 years.
  • Preferential tax rate of 10% for a period of 15 years for: incomes of enterprises from implementing new investment projects in the fields of: scientific research and technological development; high-tech applications on the list of hi-tech prioritized for development investment in accordance with the Law on High Technology; high-tech incubation, high-tech enterprise incubation; investment in construction – business of high-tech incubators, high-tech enterprise incubation; biotechnology development.

Value added tax incentives

Enterprises receive the highest value-added tax incentives when:

  • The enterprise is a high-tech enterprise; enterprises producing products on the list of high-tech products encouraged for development; hi-tech agricultural enterprises.
  • Enterprises applying high technology on the list of high technologies prioritized for development investment

Import tax incentives

To be exempt from tax on goods imported to create fixed assets of beneficiaries of incentives in accordance with the law on investment, including:

  • Devices; components, details, separate parts, spare parts for synchronous assembly or synchronous use with machinery and equipment; raw materials and supplies used to manufacture machinery and equipment or to manufacture components, details, separate parts and spare parts of machinery and equipment.
  • Specialized means of transport in the technological line directly used for production activities of the project. Construction materials cannot be produced domestically.

Main products of Viet Huong 1 Industrial Park

  • Industrial land for rent
  • Build factories on demand
  • Industrial factory for rent is available

Other facilities of Viet Huong 1 Industrial Park

  • System of fire
  • Grid power system
  • Security system protection
  • Wastewater treatment system
  • Internal transportation system
  • Clean water supply system
  • Communication and communication systems

In addition, businesses operating in the Viet Huong 1 Industrial Park, Binh Duong Province will be able to use the 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 zones and clusters in the same area in Binh Duong province

  • KSB Industrial Park
  • Dong An Industrial Park
  • Kim Huy Industrial Park
  • Binh An Industrial Park
  • Tan Binh Industrial Park
  • Bau Bang Industrial Park
  • My Phuoc Industrial Park
  • Dai Dang Industrial Park
  • Thoi Hoa Industrial Park
  • Viet Huong 1 Industrial Park
  • Viet Huong 2 Industrial Park
  • Binh Duong Industrial Park
  • Song Than 1 Industrial Park
  • Mai Trung Industrial Park
  • Tan Dong Hiep A Industrial Park
  • Tan Dong Hiep B Industrial Park
  • Nam Tan Uyen Industrial Park
  • Protrade International Industrial Park
  • Mapletree Industrial Park
  • Viet Nam – Singapore Industrial Park