[Vinh Long] Binh Minh Industrial Park

Overview of Binh Minh Industrial Park project

Binh Minh Industrial Park is a project located in Vinh Long province – the center of the Mekong Delta, connecting the entire Southwest region with Ho Chi Minh City and the whole country. The water and land transportation system is complete, convenient for transportation, exchange of materials and circulation of goods. This is not only a place known as favorable terrain and harmony among people, but also promises to become a potential land for real estate investment in particular and large-scale economy in general.

Project name: Binh Minh Industrial Park

Location: Binh Minh District, Vinh Long Province

Scale: 90 ha

Investor: Hoang Quan Mekong Real Estate Joint Stock Company

Construction start time: 2006

Project operation time: until 2056

Perspective of Binh Minh Industrial Park

Location of Binh Minh Industrial Park

Binh Minh Industrial Park is located in Binh Minh District, Vinh Long Province.

• Distance from Ho Chi Minh City: 124km (follow Ho Chi Minh City highway to Can Tho).
• Distance from City. Can Tho: 5km.
• Distance from City. Vinh Long: 30km.
• From Tra Noc airport: 15km.
• From Cai Cui Port: 5km.
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Location of Binh Minh Industrial Park

Transportation to the Industrial Park is convenient by many routes:

• Road: next to the Industrial Park is National Highway 1A through Can Tho bridge to the Mekong Delta provinces or Trung Luong – Can Tho Expressway.
• Waterway: to Binh Minh Port.
• Airway: Tra Noc International Airport (Can Tho City) 15km from the project.​

Infrastructure of Binh Minh Industrial Park

Internal traffic system: main road 40m, internal road 27-40m connecting Can Tho bridge intersection, covered with hot asphalt concrete and designed according to Vietnamese standards H30.

Infrastructure of the entire Binh Minh Industrial Park

Electrical system: 110/158/2KV source, capacity 20,000KW, capacity 25MVA.

Clean water supply system from two sources: Industrial Park water plant (capacity 7,000m3/day and night) and Vinh Long water supply plant.

Drainage system: separate rainwater and wastewater drainage systems, connected to the wastewater treatment plant.

Wastewater treatment plant: treatment capacity of 5,000m3/day and night. Enterprises internally treat wastewater to meet column B standards, industrial parks internally treat wastewater to meet column A standards (according to QCVN40: 2011/BTNMT) before discharging into Hau River.

Communication system: 5000-digit telephone network, internet, DSL, fiber optic cable connected to the Vinh Long Provincial Post Office telecommunications network.

Utilities around the Industrial Park: port cluster, expert housing, customs, banks, green parks…

Current status of land use planning in Binh Minh Industrial Park

Total area of the entire area is 162 hectares, of which:

• Industrial park area: 90 hectares.
• Port and warehouse area: 42ha.
• Housing area for experts and employees: 30 hectares.

Planning map of Binh Minh Industrial Park

Priority areas to attract investment

• Agriculture and fisheries: rice, agricultural product processing, fruit, animal feed…
• Supporting industries for the agricultural economy of the Mekong Delta region.
• All manufacturing industries have clean or low pollution technology.
• Spinning, weaving, dyeing, and garments.
• Investing in warehouses, factories, logistics services…

Investment incentive policies

Corporate income tax rate:

From January 1, 2014, the Law amending and supplementing a number of articles of the Law on Corporate Income Tax dated June 19, 2013 will take effect. Accordingly, businesses will enjoy the following corporate income tax rates:

• Corporate income tax rate is 22%
• From January 1, 2016, cases subject to the corporate income tax rate of 22% will be reduced to 20%.
• The corporate income tax rate is 20% for businesses with total revenue of the previous year not exceeding 20 billion.
• The corporate income tax rate for search, exploration and exploitation of oil, gas and other rare resources in Vietnam ranges from 32% to 50%, suitable for each project and each business establishment.

Tax exemption and tax reduction:

• Tax exemption for 04 years, 50% reduction of tax payable for the next 9 years.
• Tax exemption for 02 years, 50% reduction of tax payable in the next 04 years for business income from implementing new investment projects in industrial parks.

Planning map of Binh Minh Industrial Park project

Download high quality file of industrial park planning map: Link

Evaluation of Binh Minh Industrial Park

• The industrial park is planned and invested synchronously in infrastructure: there is a port complex and housing for experts right in the industrial park.
• Binh Minh Industrial Park has regional advantages: located in a densely populated area, abundant labor source, and natural resources.
  potential natural resources and rich food sources.
• Land and factories for rent at reasonable prices, flexible and competitive payments.
• Enterprises investing in Binh Minh Industrial Park enjoy investment incentives according to the law and receive free legal advice from Hoang Quan Mekong on investment and business establishment.
• Businesses are served by a team of enthusiastic staff with extensive experience in the field of industrial parks, ready to advise businesses on all pre- and post-investment procedures.
• Traffic to the Industrial Park is increasingly convenient, shortening travel time for businesses because the Mekong Delta region is receiving great attention from the State in investing in transport infrastructure in many aspects.

Vietnam Property Hub service

With a staff of many years of experience in the field of project investment implementation, with industrial park management boards, with project investors, serving many domestic and foreign investors, Việt Nam Property Hub offers the following services:

• Investment promotion (land, factories) in industrial parks, industrial clusters and commercial and service land, …
• Legal support & Investment consulting in fields related to industrial real estate.
• Connecting industrial real estate investment cooperation.

Contact for consultation