Tan Dan Industrial Park - Hung Yen

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Information
Operating time: 2017 - Updating	Total Area: 200 Ha
Infrastructure investors: VIDIFI . No.1 Industrial Park Development Joint Stock Company	Price: 70 USD/m²
Building density: updating	Occupancy: updating
Address: Trieu Viet Vuong Commune, Hung Yen Province, Vietnam

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Tan Dan Industrial Park – Hung Yen

Located in the dynamic and thriving region of Vietnam, Tan Dan Industrial Park in Hung Yen province stands as a notable symbol of industrial and economic development in the area. With its favorable geographical location, modern infrastructure, and business-friendly environment, Tân Dân Industrial Park has become a leading destination for domestic and international enterprises.

Situated near both Hanoi, the capital city, and the international seaport of Hai Phong, Tan Dan Industrial Park serves as a convenient hub for the transportation of goods. This not only facilitates easy access to domestic and international markets but also provides favorable conditions for import-export activities and global supply chain development.

Moreover, Tan Dan Industrial Park fosters a conducive and friendly business environment. Enterprises benefit from significant incentives, including tax reductions, land ownership support, and other policies aimed at facilitating development and investment. Additionally, the industrial park offers diverse amenities such as restaurants, hotels, entertainment venues, and supporting services to meet the daily needs of employees working within the park.

Through its achievements and potential for further growth, Tan Dan Industrial Park in Hung Yen Province has made significant contributions to economic development, job creation, and improvement of living standards in the region. With an unwavering commitment to enhancing infrastructure quality and business environment, Tan Dan Industrial Park is opening up new opportunities for sustainable success and development for businesses.

Master plan map of Tan Dan Industrial Park - Hung Yen, TTTFICGROUP — Master plan map of Tan Dan Industrial Park – Hung Yen – **TTTFIC GROUP**

Geographical location:

Tan Dan Industrial Park is strategically located, bordered by specific geographical landmarks as follows:

To the North: Adjacent to the Hanoi – Hai Phong Expressway.
To the South: Along DT.383 (formerly Road 209).
To the East: Adjacent to the drainage canal and the residential area of Quang Nguyen, Minh Chau commune.
To the West: Along DT.381 (formerly Road 206) and the Central Plant Breeding Farm.
It is also near National Highway 39, approximately 500 meters from the intersection with the Hanoi – Hai Phong Expressway.
The industrial park is situated about 20 km from Hanoi, 75 km from Noi Bai Airport, 70 km from Hai Phong Port, and approximately 120 km from the deep-water port of Quang Ninh.

Investment incentives of Tan Dan Industrial Park:

When it comes to corporate income tax, enterprises in Tan Dan Industrial Park enjoy favorable benefits. Firstly, they are eligible for a 10% tax rate over 15 years. In addition, they receive a tax exemption for the initial 4 years, followed by a 50% reduction in payable tax for the subsequent 9 years. These benefits apply to income generated from new investment projects in specific privileged sectors, as outlined in the corporate income tax laws.

Furthermore, enterprises engaged in sectors such as high-grade steel production, energy-saving product manufacturing, and agriculture, forestry, fisheries, and handicraft industries, among others, are subject to a 17% tax rate. They also enjoy a tax exemption for the first 2 years and a 50% reduction in payable tax for the following 4 years.

Moreover, enterprises implementing new investment projects within the industrial park receive significant tax advantages. They are exempt from corporate income tax for the initial 2 years and benefit from a 50% reduction in payable tax for the subsequent 4 years.

In terms of import taxes, investment projects in the industrial park receive import tax exemptions for imported goods utilized in the creation of fixed assets, adhering to the regulations stated in the Law on Export Tax and Import Tax.

The transportation of Tan Dan Industrial Park - Hung Yen - TTTFIC GROUP — The transportation of Tan Dan Industrial Park – Hung Yen – TTTFIC GROUP

Industry attracting investment:

Tan Dan Industrial Park has successfully attracted investment in various sectors, including:

– Manufacturing and mechanical engineering: This encompasses the production of machinery, automobiles, motorcycles, agricultural machinery, as well as electrical, electronic, and refrigeration equipment.

– Information technology: The park welcomes investments in the manufacturing of office equipment, as well as the development and application of technology in the field of information and communication.

– Sports and fitness: Enterprises involved in the production of sports and fitness equipment find a favorable investment environment within the industrial park.

– Agricultural processing and food industry: The park offers opportunities for investments in the processing of agricultural products, food production, and the application of biotechnology in these sectors.

These sectors present promising prospects for investors seeking to establish their presence in Tan Dan Industrial Park, capitalizing on its advantageous location and business-friendly environment.

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