Phu Vinh Industrial Park Project (Vung Ang Economic Zone, Ky Anh Town, Ha Tinh) is oriented to develop diverse industries in many fields. With a favorable geographical location and many preferential policies, Phu Vinh Industrial Park has been and is an attractive destination for investors.
Phu Vinh Industrial Park (Ha Tinh) has a total area of 207 hectares (phase 1)
Geographical location and natural conditions
Phu Vinh Industrial Park project is located in Vung Ang Economic Zone.
Ha Tinh is an important strategic location. This is the connecting point of the country's economic centers through two important traffic axes: National Highway 1, North-South Expressway, Ho Chi Minh Road, North-South Railway and national highways connecting to Laos through Cau Treo International Border Gate. This is a transit point for goods to Laos, Northeast Thailand, Myanmar and an important gateway of the East-West Economic Corridor, the Greater Mekong Subregion with international shipping routes through Vung Ang and Son Duong ports, connecting countries on the Pacific and Indian Oceans.
Ha Tinh is the nearest and most convenient sea exit for Laos and the northeastern provinces of Thailand, with Vung Ang Economic Zone, one of five coastal economic zones selected by the Government for concentrated investment.
Vung Ang - Son Duong deep-water port cluster is 15 km from Phu Vinh Industrial Park, conveniently located on the corridor of international shipping routes.
Transportation system:
- Ha Tinh has a very convenient inter-regional transportation system with a network of roads such as: National Highway 1A, 1B, 1C and provincial and national roads connecting directly to Vinh and Dong Hoi international airports and Vung Ang seaport. In the coming time, the province will continue to have 2 expressways, including: the North-South expressway and the Vung Ang-Laos expressway.
- 2 hours from Vinh airport (Nghe An), 1 hour from Dong Hoi airport (Quang Binh) and 15 minutes from Vung Ang seaport by road.
- The Vientiane (Laos) - Vung Ang railway has been approved by the government and is expected to be invested before 2030, and will directly connect the commodity markets of Laos, Thailand, and Myanmar with Vung Ang port.
- Vung Ang International Port is located 15 km from Phu Vinh Industrial Park, in a prime location, not only close to international shipping routes but also conveniently connected to important traffic routes in Vietnam.
The most complete and synchronous infrastructure currently in Vung Ang Economic Zone
Infrastructure in Phu Vinh Industrial Park has been invested synchronously.
- The entire electricity, water, telecommunications, wastewater treatment, and internal traffic systems have been completed, so investors can immediately build factories.
- Infrastructure in Phu Vinh Industrial Park has been invested synchronously.
- Wastewater treatment system
Wastewater treatment system meets standards at Phu Vinh Industrial Park
Investment advantages in Phu Vinh Industrial Park
- Phu Vinh Industrial Park is located in Vung Ang Economic Zone, close to major projects such as: Formosa Steel Plant (over 2,000 hectares); VinFast Electric Car Factory (2,000 hectares); Vung Ang I, II, III Thermal Power Plant; Vung Ang Petroleum and Liquefied Gas Depot....
- The projects have attracted a series of supporting businesses in the iron and steel and auto parts industries, bringing great opportunities for investors.
- Abundant human resources: Ha Tinh's population is 1.4 million people (2022), working age is 700,000 people, Ha Tinh province has 24 vocational training centers, including: 4 vocational colleges, 5 vocational secondary schools, 1 university, in addition to small-scale vocational training centers.
Tax incentives
- Corporate income tax: enjoy a corporate income tax rate of 10% applied for 15 years from the date the project goes into operation. Exemption from corporate income tax for 4 years from the date of taxable income and 50% reduction of tax payable for the next 9 years. High-tech industry preferential tax rate of 10%.
- Import tax: Exemption from import tax for 5 years for machinery and equipment to create fixed assets and for raw materials used for production that cannot be produced in Vietnam.
- Diverse industries: Heavy industries such as electronics, auto parts manufacturing, rubber tires, plastic products, iron and steel manufacturing, metallurgy, textile dyeing...
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