I. Dong Soc Industrial Cluster – Vinh Phuc
The Dong Soc industrial cluster is strategically located in Van Xuan commune, Vu Di commune, and Tu Trung town, Vinh Tuong district, Vinh Phuc province. It covers a total land area of 75 hectares, offering convenient transportation connections to Hanoi and the surrounding area.
To drive industrial development in Vinh Tuong district, the province established the Dong Soc Industrial Cluster through Decision No. 1095/QD-UBND on May 18, 2018. The cluster spans 75 hectares across Vu Di commune, Van Xuan commune, and Tu Trung town, with Vinh Phuc Trading Investment Company Limited (VPCo) serving as the investor. With proactive support from government agencies and local authorities, land clearance has been successfully carried out, ensuring a clean and ready site for potential investors.
In line with this, the Prime Minister issued Decision No. 1119/QD-TTg on September 22, 2022, approving the investment policy for the infrastructure construction and operation project of the Dong Soc Industrial Park, with Vinh Phuc Trading Investment Co., Ltd. granted the responsibility of developing the park’s infrastructure.
The investment project for the construction and operation of the Dong Soc Industrial Park’s infrastructure is located in Van Xuan commune, Vu Di commune, and Tu Trung town, Vinh Tuong district, Vinh Phuc province.
The project has a total investment of nearly VND 2,239 billion, with the investor’s contribution amounting to VND 335.718 billion and mobilized capital reaching VND 1,902.4 billion. The project utilizes a land area of 206,560.3 hectares. The operational period of the project is 50 years from the approval of the investment policy and the infrastructure investor. The implementation timeline for the project must not exceed 36 months from the date of land transfer by the state to the infrastructure investor of the industrial park.
An overview perspective of Dong Soc Industrial Cluster – Vinh Phuc – TTTFIC Group
II. Geographic location of Dong Soc Cluster
The Dong Soc Vinh Phuc industrial cluster, strategically located in Van Xuan commune, Vu Di commune, and Tu Trung town, Vinh Tuong district, Vinh Phuc province, is becoming an attractive destination for domestic and foreign investors.
The Dong Soc industrial cluster in Vinh Tuong district has gradually gained attention from investors. It benefits from its favorable position in the southwestern gateway of the province, proximity to the capital city of Hanoi, comprehensive infrastructure, well-connected transportation system, and professional local authorities and investors.
Its advantageous location along National Highway 2C, near the Vinh Thinh Bridge crossing the Red River and connecting to Hanoi, as well as the convenient inter-district road network, the third and fourth ring roads of the province connecting smoothly with other industrial clusters in Yen Lac district and Binh Xuyen district, abundant labor force, and high level of education in the area, contribute to the attractiveness of the Dong Soc industrial cluster for investors.
Geographical connections:
- Northeast: Adjacent to the Phan River.
- Northwest: Adjacent to National Highway 2C.
- South: Bordering agricultural land in Tu Trung town.
- East: Bordering agricultural land in Van Xuan commune.
Distances:
- Distance from Hanoi city center: 50 km.
- Distance from Noi Bai Airport: 35 km.
- Distance from Hai Phong Port: 175 km.
- Distance from Huu Nghi Border Gate: 206 km.
- Distance from Cai Lan Port: 200 km.
III. Infrastructure
The Dong Soc industrial cluster stands out with its well-developed infrastructure, efficient licensing process, and close collaboration between the management board and investors, ensuring timely resolution of any issues. This advantage sets it apart from other industrial clusters, saving time for investors to quickly commence construction and production.
The operational model of the Dong Soc industrial cluster follows the requirements and regulations of industrial zones, maintaining a 24/7 security force and strict control over security and order.
The cluster has invested in comprehensive and modern water supply and fire protection systems. The infrastructure includes more than 10% of the total area dedicated to green spaces and landscaping.
Electricity supply is facilitated by a 35kV high-voltage line connected to a 110kV transmission substation located 4km away from the industrial cluster.
Clean water is provided by a water treatment plant with a capacity of up to 15,000m3 per day and night.
Wastewater is treated by an advanced wastewater treatment plant before being discharged into the river. The treatment capacity is 15,000m3 per day and night.
Industrial waste is collected, classified, and stored within the industrial cluster, and then transported to recycling facilities.
Telecommunications infrastructure follows the standards for technical areas, with an underground network throughout the cluster.
An overview perspective of Dong Soc Industrial Cluster – Vinh Phuc – TTTFIC Group
IV. Investment-Attractive Industries
The Dong Soc Vinh Phuc industrial cluster offers investment opportunities in various sectors, including:
1. Supporting industries, electronics, and mechanical engineering.
2. Warehousing and logistics.
3. Manufacturing of construction materials.
4. Processing of agricultural and forestry products, animal feed.
5. Other industrial sectors.
These sectors present promising prospects for investment within the industrial cluster.
V. Investment Costs
The infrastructure management fee is 0.6 USD/m2.
The land rental fee paid to the government is 0.5 USD/m2 (as per regulations).
The electricity price follows EVN’s regulations.
The clean water price is 0.4 USD/m3.
The wastewater treatment fee is 0.3 USD/m3.
VI. Investment incentives
The Dong Soc industrial cluster has a complete infrastructure, efficient licensing procedures, and a collaborative management board that resolves issues promptly. This advantage distinguishes it from other clusters, enabling quick construction and production commencement.
Investment environment: The provincial and district leaders, along with relevant departments, are welcoming and supportive, creating favorable conditions for businesses to invest. Administrative procedures are simplified, convenient, and conducted professionally.
The Dong Soc industrial cluster can accommodate diverse industries and attract major investors due to its substantial supply of clean land. It has the capability to meet large-scale land leasing needs.
Vinh Tuong district, the location of the industrial cluster, has a favorable natural environment. It benefits from a tropical monsoon climate and is shielded by the Tam Dao mountain range (northeast) and the Ba Vi mountain range (west), protecting it from storms. The district experiences an average annual temperature of 23.6°C, an average rainfall of 1,500mm per year, and 133 rainy days. Flood risks are minimal.
Moreover,
Ideal geological conditions: The Dong Soc industrial cluster is situated in a region with stable geological conditions suitable for constructing factories and industrial workshops.
Abundant labor force: Approximately 35% of the province’s population resides in the vicinity of the Dong Soc industrial cluster (Vinh Tuong district, Yen Lac district, Vinh Yen city), with over 50% of them being working-age individuals. Moreover, many workers are currently employed in industrial parks within and outside the province, as the district does not yet have any large-scale industrial plants.
One-stop inter-agency procedures: Investors receive maximum support through streamlined and cost-effective one-stop inter-agency procedures.
Investment incentives: Exemption from raw land rental fees and other incentives as per government regulations.
Support services: With a team of experienced legal experts and the attention of relevant authorities, PAT is committed to accompanying businesses and providing swift legal assistance throughout the investment process, including:
– Free legal advice.
– Assistance in obtaining business registration certificates and investment certificates.
– Assistance in obtaining land use rights certificates.
– Support for other related legal procedures.
By choosing the Dong Soc industrial cluster, customers will receive maximum support that is efficient, cost-effective, and timely.
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
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
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