Nam Sach Industrial Park - Hai Phong

Nam Sach Industrial Park is located in Hai Phong Province (Ai Quoc Ward) with a total area of 62,42 hectares. With its prominent location and favorable conditions, the industrial park is an attractive destination for both domestic and international investors. Currently, Nam Sach Industrial Park has successfully attracted companies from Japan, South Korea, Taiwan, Hong Kong, and Vietnam.

I. Overview of Nam Sach Industrial Park – Hai Phong

Information about the industrial park

The Ministry of Construction approved Nam Sach Industrial Park – Hai Phong on May 27, 2003, under Decision No. 734/QD-BXD. The Provincial People’s Committee adjusted and approved the detailed construction plan of the industrial park on April 21, 2009, under Decision No. 1442/QD-UBND.

Nam Sach Industrial Park is one of the first industrial parks in Hai Phong Province, covering a total area of 62,42 hectares.

Developed by TNI Holdings Vietnam, Nam Sach IP is one of three industrial parks in Hai Phong Province and has contributed to local economic growth for nearly two decades.

TNI Holdings Vietnam places a strong emphasis on investing in comprehensive, integrated, state-of-the-art, and reliable infrastructure, encompassing transportation, electricity supply, water supply and drainage, telecommunications, and IT. Additionally, TNI offers a range of services to effectively assist investors. Nam Sach Industrial Park’s prime location and favorable conditions make it an attractive choice for both local and international investors.

Since its official operation in 2005, the entire industrial park has been fully occupied, attracting 28 investors from Japan, South Korea, China, Taiwan, and Hong Kong.

Nam Sach Industrial Park has a well-established, synchronized, modern, and stable infrastructure system. The technical transportation system, electricity supply, water supply and drainage, telecommunications, and information communication systems have been significantly invested in. Moreover, diverse support services create favorable conditions for investors.

Information about the investor

The investor is Nam Quang Investment And Development Infrastructure Joint Stock Company.
Address: Nam Sach Industrial Zone, Ai Quoc Ward,Hai Phong Province, Vietnam.

II. Geographical location of Nam Sach Industrial Park – Hai Phong

Nam Sach Industrial Park is located in Ai Quoc Ward, Nam Sach District, Hai Phong Province, Vietnam.

The industrial park is situated on the National Highway 5, connecting Ha Noi and Hai Phong, and the National Highway 183, linking major economic centers such as Ha Noi, Hai Phong, Quang Ninh, Noi Bai International Airport, Lang Son border gate, and international seaports. This location is highly convenient for import and export activities.

Transportation connections from Nam Sach Industrial Park to key locations are as follows:

• 57km from the center of Ha Noi.
• 5km from Hai Duong City.
• 75km from Noi Bai International Airport.
• 17,7km from Phu Thai Railway station.
• 85km from Hai Phong Port.
• 111km from Cai Lan port.

With such convenient transportation connections, the industrial park offers significant advantages for businesses investing in the area, reducing transportation costs for goods and labor.

III. Infrastructure of Nam Sach Industrial Park – Hai Phong

Internal transportation

• The main road of the industrial park has a width of 27m (7,5m x 2 road surface, 2m median strip, 5m x 2 sidewalk).
• The remaining roads have cross-section widths of 16,25m, 15,25m, and 13,5m.

Electricity system

• The power supply to the industrial park is derived from a 35kV power line to a substation with a total capacity of 30MVA.
• From the substation, electricity is supplied to the factories’ perimeters through underground 22kV power cables.

Water system

• The water supply for the industrial park is sourced from the Cam Giang Water Plant, with a capacity of approximately 4.500m3/day and night.
• The water supply system is connected to each enterprise’s perimeter.

Wastewater and rainwater drainage system

• The wastewater system (industrial wastewater and domestic wastewater) is separately constructed and collected at the industrial park’s wastewater treatment plant.

Waste treatment

• Solid waste from the factories in the industrial park is classified, collected, and treated by specialized units.

Wastewater treatment

• Businesses treat all production wastewater and domestic wastewater to meet the minimum standard of Grade C water before they discharge it into the common wastewater system of the industrial park.
• Afterward, the industrial park will continue to treat the wastewater to meet the Grade B standard before discharging it into the Ben Gach River via concrete pipes, with a capacity of 3.600 m3/day and night.

Communication system

• The telecommunications system meets international standards and is always ready to meet communication needs with 9-11 lines/ha.
• The underground fiber optic cable system is directly connected to each enterprise’s perimeter.

IV. Investment-attractive industries in Nam Sach Industrial Park – Hai Phong

Nam Sach IP in Hai Phong attracts industries such as:

• Textile technology
• Export-oriented footwear and high-quality leather products
• Electronic components
• Agro-forestry processing
• Telecommunications technology
• Paper industry
• Production of high-quality ceramics and glassware
• Production and trading of products made from Polyethylene
• Production and trading of plastic and rubber products
• Processing and manufacturing of iron and aluminum products
• Packaging production
• Production of animal feed and poultry feed.

V. Investment incentives in Nam Sach Industrial Park – Hai Phong

Corporate income tax

• Companies are subject to a tax rate of 20% and enjoy a tax exemption for the first 2 years, followed by a 50% reduction in tax for the next 4 years.
• The preferential corporate income tax applies continuously from the first year that the company generates taxable income from the investment project.
• In case the company does not have taxable income in the first 3 years from the time it generates revenue from the investment project, the tax exemption and reduction period starts from the fourth year.

Import tax

Import duties on machinery and equipment (applicable to industries with preferential investment as stipulated in Decree 134/2016/ND-CP, supplemented by Decree 18/2021/ND-CP):

• Exempt import duties on goods for the purpose of creating fixed assets.
• Exempt import duties on imported raw materials and supplies for export production.
• Exempt import duties on production raw materials for 5 years from the start of production, if the company invests in a project listed in the special investment encouragement project list.

VI. Costs in Nam Sach Industrial Park – Hai Phong

• Land rental price with infrastructure: 80 USD/m2.
• Raw land rental price: Starting from 2021, tenants pay annual land rental fees according to the decision of the Provincial People’s Committee.
• Management fee: 0,35 USD/m2/year.
• Water supply price: from 0,64 USD/m3.
• Electricity prices: Off-peak hours: 0,05 USD/KWh, Normal hours: 0,079 USD/KWh, Peak hours: 0,14 USD/KWh.
• Wastewater treatment fee: Grade A: from 0,15 USD/m3, Grade B: from 0,45 USD/m3.
• Telephone, internet, and other services costs as regulated by the service providers at the time of usage.

VII. Labor source and costs in Nam Sach Industrial Park – Hai Phong

Labor source

• Hai phong has abundant labor resources, with a high proportion of young workers, totaling around 1 million people of working age.
• The province currently has 4 universities, including 3 centrally managed universities and 1 university under the provincial People’s Committee.
• There are 38 vocational education institutions, including 9 colleges, 4 vocational schools, 19 vocational training centers, 4 centers, and 2 enterprises participating in vocational education activities.

The costs associated with labor

• Nam Sach Industrial Park is located in Nam Sach district, belonging to Zone III.
• The current minimum wage in Zone III is 3.430.000 VND per month.