Yen Binh Industrial Park – Thai Nguyen


1. Overview

Yen Binh Industrial Park was approved by the Prime Minister to be added to the planning of industrial zones in Thai Nguyen province by 2015 according to Official Letter No. 1645/TTg-KTN dated October 15, 2012. This is an industrial park that is oriented as a multi-sector industrial park, in which the focus is on attracting the electronics industry… The project has a term of 50 years from the date of approval of the investment policy.

2. Location

It located at Pho Yen town, Thai Nguyen province, Vietnam.
By road: 50 km from Hanoi;
Distance from Thai Nguyen city center: 10 km.
By road: 50 km from Hanoi; Distance from Thai Nguyen city center: 10 km
By sea: 110 km from Hai Phong port:
Railway: 1.2 km distance from Yen Binh railway station.

3. Industry attracting investment

  • Producing plastic and metal molds for mobile phones and other electronic devices;
  • Manufacture of mobile phones, tablets, digital cameras and components for mobile phones;
  • Manufacture of electronic components;
  • Mechanical processing for phones and electronic devices;
  • Manufacturing semiconductor equipment, LCD equipment;
  • Manufacture of automation equipment (electronic and electrical equipment devices;
  • Processing and assembling electronic components and phone components;
  • Clean industries, supporting industries and high-tech industries.
Geographical location of Yen Binh Industrial Park -Thai Nguyen


List of lot

Map of Yen Binh industrial park


1. Infrastructure

  • Power supply system: The power source produced in Yen Binh Industrial Park is guaranteed by 3 substations built in the area and adjacent to the Industrial Park.
  • Water supply system: Clean water produced in the industrial park is supplied by Yen Binh clean water factory with a capacity of 150,000 m3/day.
  • Wastewater treatment system: centralized wastewater treatment system with a capacity of 80,000 m3/day
  • Fire protection system: built along the traffic axes of Yen Binh Industrial Park.

2. Investment incentives

– Corporate income tax: Tax rate 17% for 10 years; Exemption for 2 years from the year of taxable income and 50% reduction for the next 4 years.

– Import and Export Tax:

  • Exemption from import tax of machinery and equipment to create fixed assets.
  • Import duty exemption for raw materials, imported materials for export production.
  • Exemption from import tax for raw materials used for production on the list of special incentive investment projects for 5 years from the date of commencement of production (If the enterprise invests in the list of special incentive projects) that, or invest in the production of spare parts or mechanical, electronic…)

– Value Added Tax (VAT): 

  • VAT applies differently to industries: 0%, 5% and 10%;
  • VAT exemption for goods including raw materials imported for production and processing for export under processing contracts signed with foreign partners.
  • Tax on remittance abroad: Enterprises are not subject to remittance tax abroad
  • Land rent: Enterprises are entitled to incentives in terms of land rent exemption depending on their investment and business in accordance with the current law.
  • Other policies: Thai Nguyen province has other supporting policies such as: labor training, trade promotion, administrative procedures,…

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