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Yen Phong IIA Industrial Park In Bac Ninh Province

YEN PHONG IIA INDUSTRIAL PARK BAC NINH PROVINCE, VIET NAM

Yen Phong IIA Industrial Park is located in Tam Giang, Hoa Tien Communes, Yen Phong District, Bac Ninh Province.

Yen Phong IIA Industrial Park is one of the potential industrial zones of Bac Ninh 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 Yen Phong IIA 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:

  • 30km from Hanoi City center
  • 23km from Bac Ninh City center

Waterway:

  • 155km from Lach Huyen port

Airline:

  • 16km from Noi Bai International Airport

Investor: Western Pacific Infrastructure Joint Stock Company

Area of Yen Phong IIA Industrial Park: The industrial park was built on a large scale with a total area of 151.27ha.

Economic planning:

  • Agro-forestry product processing industry
  • Producing chemicals, veterinary pharmaceuticals, animal feed
  • Light industry, consumer goods, agro-forestry-fishery processing
  • Electrical industry, electronics, high-tech industries, building materials and mechanics

Preferential policies at Yen Phong IIA Industrial Park:

Corporate income tax incentives

  • Apply a corporate income tax rate of 20%. Which, CIT exemption for the first 2 years, a 50% reduction of tax for the next 4 years. Tax incentives start from the time when the project starts generating taxable income or from the fourth year of operation of the project, whichever comes first.

Incentives on land rental

  • Land rent is exempted for the first 10 years and reduced by 50% for the remaining years of the project’s operation, in addition to be considered for a decision to allow delayed payment of land rent for a certain period of time in the form of debt collection. with the State Budget.
  • When investing in other areas in the province, they are entitled to preferential land rental rates, exempted from land rent for the first 8 years and reduced by 40% for the following years.

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 Yen Phong IIA Industrial Park:

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

Other utilities of Yen Phong IIA 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 Phong IIA Industrial Park, Bac Ninh 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 Bac Ninh province:

  • Hanaka Industrial Park
  • Que Vo 3 Industrial Park
  • Que Vo 2 Industrial Park
  • Que Vo 1 Industrial Park
  • Tien Son Industrial Park
  • Gia Binh Industrial Park
  • Gia Binh 2 Industrial Park
  • Yen Phong 1 Industrial Park
  • Thuan Thanh 3 Industrial Park
  • Thuan Thanh 2 Industrial Park
  • Thuan Thanh 1 Industrial Park
  • Yen Phong IIA Industrial Park
  • Yen Phong IIB Industrial Park
  • Yen Phong IIC Industrial Park
  • Nam Son – Hap Linh Industrial Park
  • Dai Dong – Hoan Son Industrial Park
  • Vietnam – Singapore Industrial Park (VSIP)