QUICK SUMMARY

  • Location: Xuan Phuong Communue, Phu Binh District, Thai Nguyen Province
  • Project Developer: Le Mont Investment JSC
  • Site Area: 75ha
  • Land Use Term: 50 years (until 2071)

TRANSPORTATION

Distance to airport, IDC, CBD and seaport

Ha Noi55 mins
Noi Bai Airport40 mins
Bac Giang50 mins
IDC Hanoi50 mins
Huu Nghi Border Gate2 hours 40 mins
Luu Xa Railway30 mins
Dinh Vu Seaport2 hours 10 mins

PREMIUM LOCATION

  • Key investment destination in Northern of Vietnam with extensive transportation system.
  • Easy access via expressway CT.07 connecting with manufacturing clusters.
  • Surrounding by Thai Nguyen’s infrastructure development projects such as Hanoi – Thai Nguyen
  • Expressway, Hanoi’s Ring – road No. 5, Quan Trieu’s Railway Station and Luu Xa’s Railway Station.
  • Intergrated Township and Industrial Cluster Development.

LABOR FORCE

Thai Nguyen possesses a plentiful workforce, with approximately 760,000 people in the working age group, of which those under 35 years old account for about 58%. The minimum wage in the region is currently low, with Phu Binh district, located in zone 3, at 3,640,000 VND per month (equivalent to $155 per month).

Thai Nguyen is a major educational hub in the country, with 10 universities, 12 colleges, 8 vocational schools, and over 30 training centers. Each year, the province trains over 100,000 students with qualifications and skills in various fields such as industry, electronics, foreign languages and more. This ensures the best possible supply of labor for investors’ needs.

LE MONT - XUAN PHUONG INFRASTRUCTURE

Internal Road
41m

Electricity
22kV

Water Supply
Cap: 3000 m3/day

Waste – Water Treatment
Cap: 2200m3/day

24/7 Security For
Public Area

Telecom
Modern IT system

TAX INCENTIVES

Normal tax rate = 17%
(for common industries) is applied for 10 years

In case of an enterprise newly established from an investment project in an industrial park, it shall enjoy exemption from taxation for 2 years and discount of 50% for tax payables in the next 4 years.

Import tax exemption for machinery and equipment which are used to create fixed assets.

Import tax exemption for raw materials and imported materials which are used to produce export goods.

Tax VAT applies to industries from: 0%, 5% and 10%.

VAT exemption for goods including imported raw materials in order to produce export goods under contracts signed with foreign countries.

Enterprises do not have to pay oversea remittance tax.

preferential industry

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