Binh Vang Industrial Park - Ha Giang

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Information
Operating time: 2006 - 2056
Total Area: 254.77 Ha
Infrastructure investors: The Management Board of Industrial Parks in Ha Giang Province.
Price: 50 USD/m2
Building density: 60%
Occupancy: 60%
Address: Dao Duc commune, Vi Xuyen district, Ha Giang province

I. Overview of Binh Vang Industrial Park – Ha Giang:

The Prime Minister’s Decision No. 1107/QD-TTg on August 21, 2006, approved the establishment of Binh Vang Industrial Park – Ha Giang, which outlined the development plan for industrial zones in Vietnam until 2015 and provided a direction towards 2020. The total area of Binh Vang Industrial Zone is 254.77 hectares, with the first phase covering 138.36 hectares.

The establishment of Binh Vang Industrial Zone marks a significant milestone for Ha Giang province, creating favorable conditions to leverage the province’s existing potential. It aims to attract both domestic and foreign investors, contribute to the industrialization and modernization of the local economy, generate employment opportunities, and improve the income of the local residents.

II. Geographical location:

Binh Vang Industrial Park is situated in Dao Duc commune, Vi Xuyen district, Ha Giang province, Vietnam.

Boundaries of Binh Vang Industrial Zone:

  • North: Adjacent to residential areas in Dao Duc commune.
  • South: Adjacent to the Lo River.
  • West: Adjacent to the Lo River.
  • East: Adjacent to Ngoc Linh commune.

The industrial zone is approximately 2 kilometers north of Vi Xuyen town, Vi Xuyen district, and about 15 kilometers south of Ha Giang city. Its favorable geographical location facilitates trade with key economic regions and enables easy import and export activities.

Master plan map of Binh Vang Industrial Park - Ha Giang - TTTFIC Group

Master plan map of Binh Vang Industrial Park – Ha Giang – TTTFIC Group

III. Infrastructure of Binh Vang Industrial Park – Ha Giang:

Internal transportation:

  • The road network includes 2 internal lanes measuring 17.5 meters and 2 main roads with 4 lanes measuring 39 meters, allowing easy access for large-sized vehicles.

Electricity system:

  • The industrial zone is powered by a 35kV power grid connected to a 110kV transformer station with a power capacity of 40 KVA.

Public lighting system:

  • The street lighting network is designed separately and equipped with a power supply system along the transportation axes.

Water system:

  • The water system meets the demand for domestic and other production activities with a large capacity provided by the industrial zone’s water supply plant, capable of delivering a maximum of 10,000 cubic meters per day and night.

Wastewater and rainwater drainage system:

  • The rainwater drainage system flows naturally along the road lines into surrounding channels within the industrial zone.
  • The wastewater drainage system is arranged along the roads and converges at the industrial zone’s treatment station.

Waste treatment:

  • Professional waste treatment units will enter into service contracts with investors.
  • Both wastewater from factories within the industrial zone and domestic wastewater will undergo treatment at a centralized waste treatment station with a daily capacity of 6,000 cubic meters, ensuring environmentally safe discharge.

Communication system:

  • A modern and advanced network system is installed for the telecommunications service, meeting international standards and facilitating both domestic and international communication.
An overview perspective of Binh Vang Industrial Park - Ha Giang - TTTFIC Group

An overview perspective of Binh Vang Industrial Park – Ha Giang – TTTFIC Group

IV. Investment Attraction Sectors in Binh Vang Industrial Park – Ha Giang:

Binh Vang Industrial Zone primarily engages in the following industries:

  • Garment manufacturing and consumer goods production.
  • Food processing, packaging, and PVC plastics.
  • Machinery parts and assembly, construction materials.
  • Handicrafts and electronics production and assembly.

V. Investment Incentives in Binh Vang Industrial Park – Ha Giang:

Regarding corporate income tax:

  • 10% preferential tax rate for 15 years, with the preferential tax rate applied continuously from the first year of new investment project revenue.
  • Tax exemption for 4 years and 50% tax reduction for the following 9 years. Continuous calculation of the tax exemption and reduction starts from the first year of taxable income from the new investment project.

Personal income tax incentives:

  • Individuals directly working and conducting business activities in the border economic zone, earning income from employment or business activities in the border economic zone, are eligible for a 50% reduction in personal income tax as stipulated in the Personal Income Tax Law.

Export and import tax incentives:

  • Imported goods used to create fixed assets for investment projects in the border economic zone are exempt from import tax.
  • Investment projects within the border economic zone can import domestic raw materials, supplies, and components not yet produced for production, excluding projects producing specially taxed products, electronic products, electrical appliances, and other items as decided by the Prime Minister. These imports are exempt from import tax for a period of 5 years, starting from the commencement of production.

Land and water surface lease incentives:

  • Exemption from land and water surface lease fees during the basic construction period according to the approved project but not exceeding 3 years from the date of land and water surface lease decision.
  • After the basic construction period (following the exemption from land and water surface lease fees), the highest incentive is land lease exemption for 15 years (for projects eligible for investment incentives); exemption from land and water surface lease fees for the entire lease period (for projects eligible for special investment incentives).

VI. Investment Attraction Situation:

As of August 10, 2021, the Management Board of Ha Giang Economic Zone has issued investment registration certificates for 24 projects, including:

  • Currently, there are 20 investment projects, with 8 completed and operational.
  • 5 projects are under construction, and 4 projects are progressing slowly.
  • Investment activities have ceased in 3 projects, and 4 projects have been revoked.
  • The total registered capital is over 3,541 billion VND.
  • The industrial zone occupancy rate reaches 85%.
  • The total area allocated in phase 1 is nearly 84 hectares.
  • The remaining area not yet leased is approximately 16 hectares.
The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available
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Binh Vang Industrial Park - Ha Giang

Binh Vang Industrial Park - Ha Giang

  • Price: 50 USD/m2
  • Area: 254.77 Ha

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