Thang Long II Industrial Zone (Under Pho Noi B Industrial Zone)

Geographical location:

Located adjacent to Highway 5 (Hanoi – Hai Phong); 30 km from Hanoi, 70k m from Hai Phong port, 110km from Quang Ninh deep-water port.

Scale of land area:

345.2 hectares

In which: Stage 1: 219.6 hectares, 154 hectares of land area for rent

Stage 2: 125.6 hectares, 101 hectares of land area for rent.

Industrial zone technical infrastructure:

Stage 1:

ThangLong Industrial Zone II has completed the work of compensation, site clearance the whole land area of the industrial zone and has completed construction of technical infrastructure on an area of 154.4 hectares.

The system of internal road in the industrial zone, water supply and drainage systems, power supply, firefighting system, water supply plant with capacity of 4,500 m3/day and night and wastewater treatment plant with capacity of 3,000 m3/day and night have been completed and put into operation. Investors are actively investing in building infrastructure for the remaining part of the 65,3 hectares area.

Phase 2: In 2011, the Government has agreed to supplement Thang Long Industrial Zone II to the list of industrial zones that are expected to expand in 2015, with an area of 125.6 hectares. So far, investors are carrying out of compensation, site clearance and ground leveling to implement phase 2 according to the registered progress.

The sector attracting investment project:

Projects in the field of manufacturing of electronic products and precision engineering; the electronic engineering industry, transport machinery, light industry; industrial gas production.

Investment project attraction status:

By the end of 2012, industrial zone has received over 36 projects from Japan with a total investment of 1,040 million USD, including a number of projects with large-scale capital: the projects of Hoya Glass disk Company, Hamaden Company, Toyota, Kyocera Vietnam Co., Ltd… Currently, the total land area of Phase 1 is 106 hectares with occupancy rate of 70% of the land area which is capable for rent in phase 1 (106/154 hectares). In total registered projects, there are 21 projects went into operation, creating jobs for about 4,000 workers.

Owner of Thang Long II Industrial Zone:

Thang Long II Industrial Zone Co., Ltd

For more information, please contact ANT Consulting.

ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation. 

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.

We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

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Hoa Lac Hi-Tech Park

Overview

HoaLac Hi-tech park is one of the first crucial projects of Vietnamese Government which aims to develop hi-tech industry and national R&D. The total area of this project is 1.586ha with 9 main functions: Education and Training, Software, R&D, silicon valley, center, general service area, resident and office buildings, residence buildings for experts and workers, Entertainment and Sport center. Hoa Lac hi-tech park is expected to become a national center of research, development and application of high technology which incubates high tech enterprises, create qualified labor, leverage high tech production and trading with full facilities, infrastructure and services of modern technology city.

Why choose Hoa Lac hi-tech park?

Good location

High qualified labor

Modern infrastructure

Investment

Policies which highly favor investment

“One door” mechanism

Location

Hoa Lac Industrial Park is located 25km away to the West from Hanoi, 42km away from Noi Bai Airport and 100km away from Hai Phong. It also lies next to Hanoi National University. It has advantages in terms of traffic to Hanoi through Thang Long high way and other locations

Modern infrastructure

Waste water treatment system

Modern internal route system

Water resources: 3000m3/daily

Electricity with power stations of 63 MVA

Internet/Telecommunication: Viettel, FPT and VNPT

Labor resources

Human resource development is one of the most important factors of Hoa Lac hi-tech park. It was proven by the fact that the park is located next to Hanoi National University – one of the most well-known universities in Vietnam with variety of training departments: economics, technology, finance, accounting and other social fields. In 2020, there will be around 60.000 students studying in this area and the number will increase to 100.000 in 2050. Also, FPT university and other universities such as Vietnam-Japan University, University of Science and Technology have been active in the park

Industries that are highly favored

IT

Bio- technology

New material technology

Automatic technology

Investment Criteria of R&D

Modern technology: 1/3 automatic equipment

R&D investment: 1% of total revenue

Engineers: 5% of total employees working in R&D

Environment protection: ISO 14000

In order to create a science city and guarantee quality for people working and studying in the area, Hoa Lac hi-tech park also prioritizes the investors which invest in resident building, office, shopping malls, hospital schools, logistic service and entertainment 

Favorable conditions

Income taxes:  

0% in 4 years (since the first year that the enterprises pay taxes)

5% in 9 following years (tax exempt period)

10% in 2 consecutive year (tax exempt period)

10% tax rate income reduction for enterprises taking part in corporate social responsibility

Import-export tax: Tax exempt for imported fixed assets such as raw material, equipment to produce high tech products, software which local countries has not yet involved, imported goods to serve R&D

Value added tax: Tax exempt for equipment, machines and transportation which has not been produced within Vietnam or used for technology R&D

“One door” mechanism

It aims to bring effectiveness for the investors to do all the procedures with the best favorable package. The BOD of Hoa Lac hi-tech park works as a bridge between the investors and other government agencies, thus facilitating the legal procedure. The investors are able to set up business, do all custom procedures, banking transaction and other administration in the park in the most efficient way.

Main functions of the park

Total areas: 1586 ha

Main areas:

Software: 60ha

R&D: 281ha

Silicon Valley: 549.5ha

Education and Training: 138ha

Supporting areas:

Center: 50ha

General services: 87,7ha

Entertainment and Sport: 33.12ha

Buildings for residence: 25ha

Buildings for residences and office: 42ha

Education and training areas:

Covered area: 98.3ha

Criteria:

Building density: 20.39%

Floors: min. 2

Floor area ration: max 0.764 times

R&D area:

Covered area: 55.7ha

Criteria:

Building density: 30-35%

Floors: 4-6 floors

Floor area ration: 1.5 to 2.1 times

Software area:

Covered area: 17.5ha

Criteria:

Building density: 23.4%

Floors: 5 floors

Floor area ration: 0.99 times

Silicon Valley:

Covered area: 117.1ha

Criteria:

Building density: 40-60%

Floors: min. 2

Floor area ration: 1.2 to1.8 times

Center areas:

Covered area: 12.1ha

Criteria:

Building density: 23-41%

Floors: 2-40

General service areas:

Covered area: 16.5ha

Criteria:

Building density: 26-38%

Floors: 2-18 floors

Floor area ration: 2.9 to 4.3 times

Building for experts and workers:

Covered area: 0

Criteria:

Building density: 34%

Floors: 2-30 floors

Floor area ration: 4.79 times

Residence and office building:

Covered area: 0

Criteria:

Building density: 42%

Floors: 3-25

Floor area ration: 2.47 times

Sport and entertainment:

Covered area: 33.12

Criteria:

Building density: 17.9%

Floors: 2-9 floors

Floor area ration: 0.47 times

Besides, there are two center that have been very active in the park: High Tech Enterprise Incubator Center (www.hb.org.vn) and Training Center (www.vitec.org.vn)

ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation.  Our services are as following:

• Market Entry
• Tax Advice
• Legal Advice

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.

We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

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Korean Corporation Wants to Build Racecourse in Vietnam

Chairman of the Korea’s Horse Racing Corporation Mr Choi Hank Soo have just had a meeting with the People’s Committee of Bac Ninh province (Vietnam) to explore opportunities for cooperation in this locality by setting up a business.

Korean Corporation Wants to Build Racecourse in Vietnam

At the meeting, Mr Choi Hank Soo said that the purpose of this trip to Bac Ninh is to explore investment opportunities to build the racecourse and entertainment complex in Thuan Thanh district (Bac Ninh), with investment capital in the first phase reaches 500 million USD.

When the project goes into operation, it will form the kind of attractive sport and entertainment services for the community, creating jobs for 5,000 – 10,000 labors, making great contribution to the budget and contributing to the economic and social development of Bac Ninh province.

According to Chairman of Bac Ninh province, this highly feasible project has large-scale investment, under conditional business lines that require the approval of Vietnam Prime Minister. Provincial Leaders recommended the Korea Corporation to coordinate closely with the concerned departments to complete the procedures according to Vietnam law, submitting to the ministries and Prime Minister for approval.

Chairman of Bac Ninh province also committed that within 10 working days from the time receiving the approval of Prime Minister, this province will complete the legal formalities for the project to be implemented soon and put into operation in an effective way.

Reportedly, a project to build 27-hole golf course is being implemented in Thuan Thanh district (Bac Ninh).

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India’s Auto Parts Firm is Setting up Factory inVietnam

Pricol, the 40-year-old company in India, currently has 8 production facilities and 7 international offices.

India’s Auto Parts Firm is Setting up Factory inVietnam

As published on the India Times newspaper, Pricol is planning to expand operation in overseas markets by opening new plants and implementing acquisitions globally.

According to the CEO of Pricol, the company will set up new plants in Mexico and Vietnam… Along with it, the company is searching for acquisition targets in Europe to reach this market. All these plans are included in the company’s vision till 2020. By 2018, Mexico will be the largest market for auto parts and the project in Vietnam will be started in the following year.

ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation. 

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows. We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.

We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

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FDI in Real Estate Reached 1 Billion USD in 2016

The area of real estate business attracted total FDI capital reached 1 billion USD in the first 9 months of 2016.

Foreign Investment Department (Ministry of Planning and Investment) has announced FDI report for the first 9 months of 2016. Accordingly, there were 1,820 newly licensed projects with total registered capital of 11.02 billion USD, increased by 1.1% over the same period. Meanwhile, there are 851 projects registered to adjust capital with the added value of 5.3 billion USD, decreased by 13.9% over the same period.

Generally in the first 9 months of 2016, total newly registered and additional capital reached 16.4 billion USD, decreased by 4.2% over the same period in 2015.

In 9 months, foreign investors have invested in 19 sectorsin which the field of processing industry, manufacturing is the sector attracting more attention of foreign investors with 767 new projects and 608 respectively adjust capital projects.

In 9 months, foreign investors have invested in 19 sectors, in which the field of processing industry and manufacturing are the sectors attracting more attention of foreign investors with 767 new projects and 608 projects register to adjust capital.

Total new and increasing capital to processing industry and manufacturing reached 12.15 billion USD, accounting for 73.9% of total registered capital in 9 months.

In particular, the field of real estate business ranks 2^nd with 34 newly registered projects, total capital reached 1 billion USD. The field of professional activities, science and technology ranks 3^rd with 649 million USD, accounting for 3.9% of total investment capital…

In the first 9 months of 2016, there are 65 countries and territories have investment projects in Vietnam. Korea leads the way with a total investmentcapital reached 5.58 billion USD. Singapore ranked 2^nd with total investment of 1.84 billion USD. Japan ranked 3^rd with total investment capital of 1.7 billion USD.

Foreign investors have invested in 54 provinces and cities in which Hai Phong attracted the most investment capital with 37 new projects and 28 projects register to adjust capital, corresponding to 2.74 billion USD. Followed by Hanoi and Dong Nai with total investment capital of 1.97 and 1.89 billion USD respectively.

Some large projects that are licensed in the first 9 months of 2016 including LG Display Hai Phong with total registered investment capital of 1.5 billion USD, invested by LG Display Co., Ltd (Korea). The goal of the project is producing and processing plastic OLED display products for mobile devices such as cell phones, smart watches, tablets.

LG Innotek plant project in Hai Phong with total registered investment capital of 550 million, invested by LG Innotek Co., Ltd. (Korea) with the goal of producing camera modules.

Amata City project in Long Thanh has a total investment of 309.3 million USD, invested by Thai investor with the goal of building service urban in Dong Nai.

ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation. 

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.

We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

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Pho Noi A Industrial Zone

Geographic location:

Located bordering the National Highway 5 road corridor (Km19) connecting Ha Noi and Hai Phong; 24km from the center of Hanoi, 60 km from Noi Bai International Airport, 75 km from Hai Phong port, 120 km from Quang Ninh deep-sea port.

Planned area:

594 hectares, the area of industrial land for rent is approximately 400 hectares; the filled industrial land area is about 210 hectares.

Industrial zone technical infrastructure:

Pho Noi A Industrial Zone has been completed the construction of technical infrastructure for the first phase covering an area of over 300 ha; including water supply and sewerage systems, concentrated wastewater treatment plant, traffic road systems, fire prevention and fighting systems, communication systems…

The sector attracting investment project:

Producing and assembling electric, electronic, mechanic, automobile and motorcycle; Production of steel and products from steel; Processing of agricultural products and foodstuffs.

Investment project attraction status:

Pho Noi A Industrial Zone has received over 110 projects in the country and abroad, with the leased industrial land area of about 260 hectares. In particular, there are many projects of investors from Japan, Korea, US such as Canon, Inax, Hyundai, Cargill…

Owner of Pho Noi A Industrial Zone:

Pho Noi A Industrial Zone Exploitation Management Company

For more information, please contact ANT Consulting.

ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation. 

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.

We could be reached at email: ant@antconsult.vn or tel: +848 3520 2779 .  To learn more about us, please visit www.antconsult.vn

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Samsung Expands Investment in Vietnam

With the success of Samsung Electronics in Vietnam, many other members of the Group has also interested in expanding investment in Vietnam in such fields as energy, insurance.

As reported by the General Director of Samsung Vietnam, the business activities of Samsung Electronics have performed well. Until May 2015, the total workforce working in the factories of Samsung in Bac Ninh and Thai Nguyen are more than 100,000 people. Due to many new models and more phone lines with more orders, Samsung Vietnam has recruited many more manpower. Currently, the total workforce working for the Samsung factory in Bac Ninh and Thai Nguyen are more than 110,000 people.

Not only focusing on production development, Samsung is still very focused on research and development (R&D). Currently, Samsung Vietnam has one R&D center located in Hanoi with over 1,400 employees.

The Samsung investment panorama in Vietnam is very impressive. Samsung has invested in Bac Ninh and Thai Nguyen from 2009, up to now, the total investment is approximately 7 billion USD. As of July 2015, the total export value of Samsung in Vietnam reached 26 billion USD, contributing to the development of Vietnam. Samsung has created jobs for more than 100,000 people.

Recently, Bac Ninh has granted investment certificate of expansion project for Samsung Display Company Ltd Vietnam with total investment capital of 3 billion USD, investing in the factory that is specialized in research and development, manufacturing of new generation monitors with high resolution for mobile devices…

ANT Consulting is here to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services that assist market entrance, and ensure efficient business start-up operation.  Our services are as following:

• Market Entry
• Tax Advice
• Legal Advice

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows.  We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.

Read More