Industry: Industry Region: Vietnam Transaction Price: Not Disclosed Transaction Method: Transfer by Agreement
Introduction: Vietnam Longjiang Industrial Park obtained the investment license in 2007, is a comprehensive industrial park invested and developed by China Zhejiang Qianjiang Investment Management Co., Ltd. The overall planning area of the park is 600 hectares, including 540 hectares of industrial areas and 60 hectares of residential service areas, with a total investment of 100 million US dollars. The park belongs to the national overseas economic and trade cooperation zone of the Ministry of Commerce of the People's Republic of China and is one of the 13 national overseas economic and trade cooperation zones in China. It belongs to the key project of "one road and one belt" construction in Zhejiang Province.
Details: The park project is located in Qian Giang Province in the Ho Chi Minh City Economic Circle, relying on Ho Chi Minh City, which is a traditional international cargo transportation port city, and the cargo sea access is very convenient. Ho Chi Minh City is also the 2-hour air transportation center of the China-ASEAN economic circle, with flights to Guangzhou, Hong Kong, Singapore, Bangkok, Kuala Lumpur, Jakarta, Phnom Penh and other China-ASEAN countries in about 2 hours. Longjiang Industrial Park is a comprehensive industrial park, and the industrial planning is: electronics, electrical products, machinery, wood products, light industry, building materials, food, biopharmaceutical industry, agricultural and forestry products processing, rubber, packaging, cosmetics, paper industry, new materials, artificial fibers, etc. Longjiang Industrial Park has a very convenient geographical location and transportation conditions. The park is close to Vietnam's first expressway, Ho Chi Minh City-Trung Luong Expressway, and the transportation cost of highway 50 from the park to the port is greatly reduced; There is plenty of labor around the park, with 800,000 workers within a 15-kilometer radius of the park. Moreover, the labor force in the park belongs to the fourth category of the Vietnamese state, and the basic salary is only 95 US dollars.
In addition, the Vietnamese government has given the park the most favorable tax policy to help the park attract enterprises to invest in the park. Enterprises entering the park enjoy a 15-year preferential income tax period from the year of their own business income, and the preferential tax rate is 10% (currently Vietnam's corporate income tax is 25%); The tax is exempt for the first 4 years from the year of profit, and the tax rate is halved for the subsequent 9 years. This policy is currently the most favorable tax policy in Vietnam.
Equipment that constitutes the fixed assets of the enterprise is exempt from import tax and product export tax. From the date the enterprise starts production, the import of raw materials, materials and parts used in production can be exempted from import tax for 5 years. Enterprises entering the park can decide to establish ordinary enterprises or processing export enterprises according to their own circumstances, and for processing export enterprises, raw material import and export tax and value-added tax are exempted.
Park services: The park provides supporting facilities for normal production for enterprises entering the park, including water supply, power supply, sewage treatment, solid waste treatment, logistics and other facilities. Provide one-stop free services for the early investment of enterprises entering the park, and apply for enterprise investment licenses free of charge. Assist enterprises in tax registration, construction, fire permits, and provide consulting services including legal, financial, plant construction, human resources, customs, logistics, tax declaration, etc. Provide enterprises with a full range of water, electricity, sewage, industrial solid waste treatment and security and fire protection services. At the same time, the Qianjiang Industrial Park Management Committee provides "one-window service" for enterprises to handle various procedures with relevant government departments.