Location: Xuan Phuong Commune, Phu Binh District, Thai Nguyen Province
Project Development: Le Mont Investment Joint Stock Company
Land Use Period: 50 years (until 2071)
The key investment destination in the North of Vietnam with convenient transportation system.
The industrial cluster connects easily to the CT07 highway.
Surrounded by Thai Nguyen's infrastructure development projects such as: CT07 Hanoi – Thai Nguyen expressway, belt 05, Quan Trieu railway station, and Luu Xa railway stationDevelopment of a general urban area and industrial cluster.
HANOI - 55 minutes
NOI BAI AIRPORT - 40 minutes
BAC GIANG - 50 minutes
IDC HANOI - 50 minutes
Huu Nghi Border Gate - 2 hours 40 minutes
LUXURY STATION - 30 minutes
Dinh Vu Port - Hai Phong - 2 hours 30 minutes
INFRASTRUCTURE OF LE MONT XUAN PHUONG INDUSTRIAL CLUSTER
Main road: 41 m
Clean water: Capacity: 3,000 m³/day
Power grid: 22 kV
Waste treatment: Capacity: 2,200 m³/day
24/7 Security: Public Area
Telecommunications: Modern IT system
1. Corporate income tax
Normal tax rate = 17%
(Basic occupation) applied in the first 10 years.
In case of newly established enterprises, investment projects in industrial clusters will enjoy tax exemption for the first 2 years and 50% tax reduction for the next 4 years.
2. Import and export tax
Import tax exemption for machinery and equipment used to create fixed assets.
Exemption from import tax on raw materials and materials imported for the production of goods for export.
VAT applies to industries from: 0%, 5% and 10%.
VAT exemption for goods including raw materials and materials imported for the production of goods for export under contracts signed with foreign countries.
4. Tax on overseas remittance
Enterprises do not have to pay tax on remittance abroad.
HUGE LABOR RESOURCES
Thai Nguyen possesses an abundant labor force, with about 760,000 people of working age, of which workers under 35 years old account for about 58%. The regional minimum wage is low, Phu Binh district located in region 3 is 3,640,000 VND/month (equivalent to $155/month).
Thai Nguyen is a major training center of the country, with 10 universities, 12 colleges, 08 intermediate schools and more than 30 vocational training centers. Every year, the province trains more than 100,000 students with qualifications and skills in many fields: industry, electronics, foreign languages, mechanics, metallurgy... thereby best meeting the demand for labor resources for the investors.
CONTACT: Hotline: (+84) 90806 9399 (English & Vietnamese)