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Vietnam – Singapore Industrial Park In Binh Duong Province

VIETNAM – SINGAPORE INDUSTRIAL PARK BINH DUONG PROVINCE, VIET NAM

Vietnam – Singapore Industrial Park is located at position 8, Huu Nghi Boulevard, Binh Hoa Ward, Thuan An City, Binh Duong Province.

Vietnam – Singapore Industrial Park is one of the potential industrial parks of Binh Duong 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.

Advantages of the traffic of enterprises operating in Vietnam – Singapore Industrial Park

Vietnam – Singapore Industrial Park is planned in an area with an extremely convenient location, close to key points, especially Ho Chi Minh City, making it easy for investors to use facilities. benefits and support services in an important economic region of Vietnam.

Road:

  • Distance from the city center Bien Hoa 19.4km
  • The distance to the center of Ho Chi Minh City is 25km
  • The distance to the center of Binh Duong province is 10km

Waterway:

  • 21km from Newport
  • 68km from Phu My Port
  • 6km from Thanh Phuoc river port
  • 28km from Cat Lai deep sea port

Airline:

  • 8km from Bien Hoa Airport
  • 2km from Long Thanh International Airport
  • 20km from Tan Son Nhat International Airport

Investor: Becamex JSC

Industrial park area: The industrial park was built on a large scale with a total area of up to 193ha.

Economic planning:

  • Textile technology
  • Mechanical, electrical and electronic technology
  • Manufacturing, assembling and auto parts
  • Producing pharmaceuticals, medical instruments
  • Producing food and beverages
  • Supporting industry & other industries

Preferential policies at Vietnam – Singapore 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 Vietnam – Singapore Industrial Park

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

Other facilities of Vietnam – Singapore Industrial Park

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

In addition, businesses operating in the Vietnam – Singapore 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 Zone
  • 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