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Yen Binh Industrial Park In Thai Nguyen Province

 YEN BINH INDUSTRIAL PARK THAI NGUYEN PROVINCE, VIET NAM

Yen Binh Industrial Park is located in Đong Tien Commune, Pho Yen Town, Song Cong City, Thai Nguyen Province

Yen Binh Industrial Park is one of the potential industrial parks of Thai Nguyen 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 traffic of enterprises operating in Yen Binh 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:

  • 51km from Song Cong City
  • 25km from Hanoi City center
  • 26km from Bac Ninh City center
  • 16km from Hanoi – Thai Nguyen Expressway
  • 29km from Thai Nguyen City center
  • Convenient connection with National Highway 18, National Highway 1, National Highway 5

Waterway:

  • 5km from Yen Binh Port
  • 161km from Hai Phong Port

Airline:

  • 35km from Noi Bai International Airport

Investor: Yen Binh Investment and Development Joint Stock Company

Area of Yen Binh Industrial Park: The industrial park was built on a large scale with a total area of 335.019ha.

Economic planning:

  • Producing metal structures
  • Manufacture of drugs, pharmaceuticals, chemicals and chemical products, medical equipment and instruments
  • Mechanical processing, metal processing and coating (with a part of plating process), metal casting
  • Producing plastic molds for mobile and electronic devices; production of electronic components; production of automation equipment; semiconductor device manufacturing

Preferential policies at Yen Binh Industrial Park:

Corporate income tax incentives

  • Newly established enterprises from investment projects in Vo Nhai and Dinh Hoa districts and in the fields of investment incentives will enjoy a preferential tax rate of 10% from the time they have taxable incomes; corporate income tax exemption and reduction for 04 years and a 50% reduction of payable tax for the next 9 years.
  • Enterprises investing in Dai Tu, Dong Hy, Phu Luong, Phu Binh and Pho Yen districts are entitled to corporate income tax of 17% for a period of ten years and reduce 50% of tax payable in the next 4 years.

Import and export tax incentives

  • Exemption of import and export tax for goods imported to create fixed assets in accordance with the law on investment.

Main products of Yen Binh Industrial Park:

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

Other facilities of Yen Binh 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 Yen Binh Industrial Park, Thai Nguyen 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 Thai Nguyen Province:

  • Yen Binh Industrial Park
  • Ba Xuyen Industrial Cluster
  • Tay Pho Yen Industrial Park
  • Song Cong 1 Industrial Park
  • Quyết Thắng Industrial Park
  • Diem Thuy B Industrial Park
  • Diem Thuy A Industrial Park
  • Nam Pho Yen Industrial Park
  • Song Cong 2 Industrial Park
  • Nguyen Gon Industrial Cluster