Industry: Industry Region: Vietnam Transaction Price: Not Disclosed Transaction Method: Transfer by Agreement
Description: Hai Duong Province is located in the Red River Plain region of northern Vietnam, 60 kilometers away from Hanoi City, 40 kilometers away from Hai Phong City (the largest port in North Vietnam), and the capital is Hai Duong City, with a population of 1,698,300 (2004) and an area of 1,648 square kilometers. In the process of economic development, Hai Duong Province and the surrounding Hai Phong City and Quang Ninh Province have become the three corners of the economic development of North Vietnam. National Highway 5 (high-grade highway) and railway from Hanoi to Hai Phong pass through Hai Duong.
Details: Vietnam Singapore Industrial Park in Hai Duong Province is Sembcorp's sixth Vietnam Singapore Industrial Park. The 150-hectare project is the third project implemented by the Vietnam Singapore Industrial Park in North Vietnam in response to Vietnam's strong overseas manufacturing investment. The project is located on the 5 national road connecting Hanoi with Hai Phong city and is also the middle of the two existing Vietnam Singapore Industrial Parks, Vietnam Singapore Industrial Park in Bac Ninh Province and Vietnam Singapore Industrial Park in Hai Phong Province.
Characteristic:
Located in the Hanoi-Hai Phong Economic Corridor
Located in the manufacturing cluster of northern Vietnam
Excellent location between Hanoi and Hai Phong's deep sea port
The government of Hai Duong Province in Viet Nam has issued preferential policies to encourage investment in industrial zones in the province. According to the regulations, all domestic and foreign investors who invest in various industrial zones in Hai Duong Province, in addition to enjoying the preferential policies stipulated by the state, can also enjoy the relevant preferential policies provided by the province, the main contents of which are as follows:
1. Regarding the land rent price and its reduction policy: In addition to enjoying the land rent price and its reduction policy stipulated by the state, investors can enjoy the lowest price for renting land in industrial zones, and are exempt from paying ground rent fees for the first 10 years, and levy ground rent fees by half in the second 10 years. Free land for the construction of housing for employees, land for greening and land for the construction of public welfare facilities.
2. Regarding the preferential policy of enterprise income tax: In addition to enjoying the enterprise income tax reduction and reduction policy uniformly stipulated by the state, from the date of paying enterprise income tax according to the regulations, the enterprise income tax will be exempted for the first two years, and the tax will be halved in the third year.
3. For enterprises that need to advertise in Hai Duong Radio and Television Station and Hai Duong News, the advertising fee will be halved for 03 consecutive years from the start of operation of the investment project.
4. Investment project acceptance department and approval time: The Hai Duong Industrial Park Management Committee is the window for accepting investment project application procedures, and provides services in the form of "one window". Project approval time limit: 05 working days from the date of receiving the complete application procedures for the investment project, review and issuance of investment license within 05 working days; Handle land lease procedures within 10 working days; Review the technical design documents of the project construction within 15 working days; Review and issue the project construction permit within 10 working days.