[Vinh Long] Dong Binh Industrial Park

Dong Binh Industrial Park possesses a strategic location in the center of the Mekong Delta, easily connecting with other provinces in the region.
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Overview of Dong Binh Industrial Park project

Project name: Dong Binh Industrial Park

Location: Dong Binh commune and Dong Hung 1 hamlet, Dong Hung 2 hamlet – Dong Thanh commune, Binh Minh town, Vinh Long province

Scale: 351 ha

Investor: TNI Vinh Long Investment Joint Stock Company

Construction start time: 2021

Project operation time: until 2071

Perspective of Dong Binh Industrial Park project

Location of Dong Binh Industrial Park

Dong Binh Industrial Park is located right in Dong Binh commune, Binh Minh district, Vinh Long province.

• Distance from National Highway 1A: 3 km
• Distance from city. Can Tho: 12 km,
• Distance from city. Vinh Long: 33km,
• Distance from city. HCM: 167km

Location distance to airport:

• About 22 km from Can Tho Airport (Tra Noc Airport).

Distance to nearest ports:

• Binh Minh Port is within the scope of Binh Minh Industrial Park: 07 km, capable of receiving ships with a tonnage of 15,000 to 20,000 tons.
• Vinh Long Port: 33 km. Can accommodate  ships with a tonnage of up to 3,000 tons. Five pairs of banks of Co Chien river belong to Vinh Long city. The port has a storage system of over 40,000 tons.
• Cai Cui Can Tho Port: 22 km. With a cargo exchange capacity of 526,904 tons/year, the port has put into operation 02 wharves with a tonnage of about 30,000 tons and ships with a tonnage of 5,000 to 10,000 tons docked, with a total warehouse area of 39,924 m2.
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Location of Dong Binh Industrial Park

Regional connection of Dong Binh Industrial Park

Infrastructure of Dong Binh Industrial Park

Internal road system:

• Main axis: 52 m
• Secondary shaft: 17 m

Power system:

• Supplied from the national grid system along National Highway 1A provided by Vinh Long Provincial Electricity Company to the fence of the industrial park, businesses invest in lowering the power grid themselves.
• 110kv power station optimizes power capacity to maximize plant support.

Water supply system:

• Water supply situation: install the entire clean water supply system to the industrial park fence (meters, pipes…), the remaining units can connect water to their own units or hire a company. Vinh Long Water Supply LLC provides connection services.
• Water standards according to QCVN 01:2009/BYT.
• Water supply plant with capacity of 12,000 m3/day

Water treatment factory:

• Wastewater treatment plant with capacity up to 8600 m3/day.

Information system:

Telecommunications, Internet and other utilities are connected to businesses provided by telecommunications (VNPT, Viettel, ….) that manage and provide the following services:

• Fixed telephone service (PSTN): there are many options to choose from (price list attached)
• Internet service: ADSL (normal speed), FTTH (high speed Internet) for accessing the Internet, watching movies, listening to music, downloading movies, downloading music, making video calls, online meetings…; Transmission speed depends on package.
• Electronic signature registration service: convenient for online tax declaration, electronic customs declaration, electronic banking transactions, electronic securities, electronic document signing, and other types of transactions via electronic network…
• Vehicle monitoring and management system services: used to monitor routes, locations, and various reporting systems to serve management needs.
• Cable TV: domestic and foreign channels.
• Supported devices: wifi, fiber optic cable, ODF, Converter…

Hệ thống bảo mật:

• Hệ thống bảo mật hiện đại được kiểm soát và điều khiển bởi hệ thống nhân viên được đào tạo bài bản.

Land use planning system of Dong Binh Industrial Park

Total area of the industrial park: 351 hectares

• Factory and warehouse land: 258.83 hectares, accounting for 73.95%
• Land for administrative and service works: 6.27 hectares, accounting for 1.79%
• Green land and water surface: 39.21 hectares, accounting for 11.20 hectares
• Traffic land: 40.11 hectares, accounting for 11.46 hectares
• Land within the scope of expanding National Highway 54 (previously not in the planning) is now 0.66 hectares, accounting for 0.19%.

Overview of the entire planning of Dong Binh Industrial Park project area

Areas that attract investment

• Food – food, processing of vegetables, tubers, fruits and fruit products;
• Seafood processing;
• Products from livestock;
• Consumer goods industry, packaging,
• Chemical industry,
• Production and processing of pharmaceuticals and medical supplies
• Some other industries have less environmental pollution.

Tax incentive policy

 

Import Tax:

Goods imported to create fixed assets of investment projects in fields eligible for import tax incentives are specified in Appendix 1 issued with Decree No. 87/2010/ND-CP Detailed regulations for implementation implementing the import-export tax law or in areas receiving preferential import tax, investment projects with official development assistance (ODA) capital are exempt from import tax, including:

• Equipment;
• Specialized means of transport used in technological lines cannot be produced domestically; Means of transportation for workers include cars with 24 seats or more and water vehicles;
• Components, details, separate parts, spare parts, fixtures, molds, and accompanying accessories for synchronous assembly with equipment, machinery, and specialized means of transport specified in Points a and b, Clause This;
• Raw materials and supplies that cannot be produced domestically are used to manufacture equipment and machinery in the technological line or to manufacture components, details, separate parts, spare parts, fixtures, molds, and accessories. accompanying accessories for synchronous assembly with equipment and machinery specified in point a of this clause;
• Construction materials cannot be produced domestically.

Corporate income tax:

• The corporate income tax rate is 25%.

Other offers:

• Advertising cost incentives: Within 03 years from the time the investment project comes into operation, receive 50% support for product advertising costs (through Radio, Television and Vinh Long Newspapers) at a rate of 50%. Maximum support is no more than 02 million VND/time and maximum 06 times/year.

Funding for investment and trade promotion:

People who have contributed to calling for investment and mobilizing and promoting necessary work so that projects of investors from outside the province and abroad are granted investment certificates, when the project is under construction and deployed. Upon basic completion and entering into production and business activities, the Provincial People’s Committee will receive a reward equal to 0.2% of the total construction capital and equipment of the project to be settled (Through the Trade and Investment Promotion Center). The monetary reward level is specified as follows:

• For projects with domestic investment capital (investors outside the province): Maximum bonus level is not more than 60 million VND/project.
• For projects with foreign investment (Only counting 3 forms of investment such as: Business cooperation contract, 100% foreign capital and joint venture): The maximum bonus is not more than 15,000 USD/project.

Investment incentive policies in Dong Binh Industrial Park
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Planning map of Dong Binh Industrial Park project

Updating

Evaluation of Dong Binh Industrial Park project

• The industrial park possesses a strategic location, the center of the Mekong Delta, easily connected to other provinces.
  city in the area.
• Adjacent to Binh Minh Port and located next to Can Tho international airport.
• Open investment environment with attractive investment policies.
• Investment costs in industrial parks are at a reasonable level.

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