Lam Son Sao Vang Industrial Park - Thanh Hoa

Home|INDUSTRIAL PARKS IN VIETNAM|Lam Son Sao Vang Industrial Park – Thanh Hoa
Operating time: 2021 - 2071
Total Area: 537 Ha
Price: Updating
Building density: Updating
Occupancy: Updating
Address: Tho Xuan District and Trieu Son District, Thanh Hoa Province

Overview of Lam Son Sao Vang Industrial Park – Thanh Hoa:

The Provincial People’s Committee approved the zoning of Lam Son Sao Vang Industrial Park, located in Thanh Hoa province, at a scale of 1/2000 under Decision No. 1285/QD-UBND dated April 14, 2016. The planned area of the industrial park is approximately 537 hectares. C.T Group Construction Corporation and Central Construction Corporation undertake the infrastructure development of the industrial park. The project aims to establish advanced technical infrastructure, applying modern construction and advanced management techniques to production.

Lam Son Sao Vang Industrial Park stands as an influential player among the four vibrant economic clusters in Thanh Hoa province. The project is located in Xuan Thang and Xuan Phu communes, Tho Xuan district, and Tho Son commune, Trieu Son district, Thanh Hoa province.

Lam Son Sao Vang Industrial Park is a modern, competitive, and sustainable industrial complex. Beyond 2030, there are plans to expand an additional 130 hectares to the west of the existing industrial park, increasing the total industrial land area to 667.3 hectares. This expansion plays a crucial role in the economic development, urbanization, and regional connectivity between the plains and mountainous areas of the province.

Currently, the infrastructure of the industrial park is gradually being completed. The industrial park has attracted numerous investors from South Korea, the United States, Japan, Singapore, and other countries, who are exploring investment opportunities.

Convenient geographical location of the Industrial Park:

Lam Son Sao Vang Industrial Park in Thanh Hoa province enjoys basic advantages in terms of transportation infrastructure. The industrial park is located along the Ho Chi Minh Highway and intersects with National Highway 47. This location provides direct and convenient access to various regions within the province, interprovincial connections, the Northwest region, and neighboring Laos. The development of Tho Xuan Airport holds significant importance for overall development and investment attraction in the industrial park.

Master plan map of Lam Son Sao Vang Industrial Park - Thanh Hoa - TTTFIC Group

Master plan map of Lam Son Sao Vang Industrial Park – Thanh Hoa – TTTFIC Group

Infrastructure of Lam Son Sao Vang Industrial Park – Thanh Hoa:

Internal transportation system:

The internal transportation system divides into main roads and branch roads.

  • The main road system is 39m wide.
  • The branch road system is 23m wide.

Power supply system:

  • The Tho Xuan transformer station, with a capacity of 110/35/6KV, supplies electricity to the urban area.
  • It is located 500m west-northwest of the planned area.

Public lighting system:

The street lighting network is designed separately with a power supply system and is arranged along the transportation routes.

Water system:

A water plant with a capacity of 54,000m3/day and night supplies water to the Industrial Park.

The water plant construction is divided into two phases:

  • Phase 1 has a capacity of 30,000m3/day and night.
  • Phase 2 will increase the capacity by an additional 24,000m3/day and night.

Wastewater and rainwater drainage system:

  • The drainage system is arranged along the roads and directed to the park’s treatment station.
  • The diameter of the drainage pipes ranges from D600mm to D800mm, and it is an automatic drainage system.

Waste treatment:

The plants sort, collect, and transfer solid waste to the centralized landfill according to the town’s regulations.

Wastewater treatment:

Two wastewater treatment plants will be built in two phases:

  • Phase 1: Construction of Plant No. 3 with an initial capacity of 10,000m3/day and night, which will be later increased to 15,000m3/day and night.
  • Phase 2: Construction of Plant No. 4 with an estimated capacity of 5,000m3/day and night. The wastewater drainage system includes a pumping station with an estimated capacity of 300m3/day and night.

Communication system:

The communication services within the industrial park are provided by a satellite switchboard with a capacity of 90,000 subscribers.

A perspective on Lam Son Sao Vang Industrial Park - Thanh Hoa - TTTFIC Group

A perspective on Lam Son Sao Vang Industrial Park – Thanh Hoa – TTTFIC Group

Industries and investment incentives of The industrial Park:

Industry attracting investment The industrial Park:

  • High-tech food processing
  • Aircraft maintenance, repair, and operation
  • Manufacturing and assembly of electronic equipment
  • Production of household appliances, automotive parts, and transportation vehicles
  • Several other industries.

Investment incentives:

Transportation infrastructure advantages:

  • The planned area is located at the intersection of Ho Chi Minh Trail and National Highway 47, which are the two main international transportation routes of the area.
  • In addition, its proximity to Tho Xuan Airport increases its attractiveness for investment in the industrial park.

Attractive tax incentives:

  • Tax incentives are provided for newly established enterprises with high-tech projects in the industrial park.
  • According to the legal regulations, software projects are subject to a tax rate of 10% for 15 years, with tax exemption for the first 4 years and a 50% reduction for the following 9 years.
  • Additionally, tax incentives attract investments for large-scale high-tech projects.
  • The possibility of extending the period for applying the 10% preferential tax rate exists, but it should not exceed 30 years.
  • Once the preferential period elapses, the implementation of the corporate income tax rate of 25% takes effect.

Abundant labor resources:

  • With its sizable population, Thanh Hoa province ranks third in terms of population size nationwide.
  • It also has a well-developed training system, which meets the demand for both quantity and quality of labor for investors.


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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  • For first-time investors in Vietnam, we assist in surveying suitable locations in Industrial Zones across the entire territory of Vietnam. We support handling investment procedures for projects.
  • Our Design & Build approach means that from the moment the investor completes the land lease location, we take responsibility for all steps, including obtaining IRC/ERC; DTM; Fire prevention and firefighting certificates; legal aspects of the project from the design phase; applying for construction permits; progressing to the construction phase, and completing the factory for handover to the investor in an operational state in a turnkey manner.
  • You don’t waste time searching, don’t incur additional consulting fees, and don’t have to spend money on investment estimates. We offer a complete package from receiving the client’s idea to completing the project, ensuring a smooth start of operations, reducing 2/3 of the time, effort, and money for you.
  • Services include Lease, Purchase, Sale, and M&A (Merger & Acquisition): We provide specialized information and support for your real estate needs in key business areas.
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  • Foreign Direct Investment (FDI) Establishment: We guide the easy establishment of foreign direct investment businesses, ensuring compliance with regulations.
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  • Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
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  • With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
  • Together, we can build a prosperous and sustainable future for both businesses and communities. We look forward to collaborating with you.

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