Lancang-Mekong Economic Zones

Economic zone details

 

Name Minh Quang Industrial Zone
Location Open in Google Map
Province Hung Yen
Country Vietnam
Photos
Overview of the EZ

Minh Quang Industrial Zone was established in 2018. It is expected to complete infrastructure investment by early 2020. The Industrial Zone is located in My Hao Commune, Hung Yen Province, Vietnam. It aims to attract investment in electronics, electrical equipment manufacture, package, ceramics, paper, agricultural, forestry processing, food and  consumption products industries.

Location Advantage

Located nearby the National Highway no. 1 connecting Ha Noi – Hai Phong, Hai Duong, Hung Yen Province Center, sea ports and airport that is convenient for cargo transport in the northern province of Vietnam.

Website http://banqlkcn.hungyen.gov.vn/portal/Pages/2011-07/Khu-cong-nghiep-Minh-Quan-8bcd329b709b4c6a.aspx
Year of Establishment 2018
Total Area of the Zone 153.7 ha
Land Leasing Cost per Acre 85 USD/m2
Name of Developer VID HUNG YEN JOINT STOCK COMPANY
Management Structure

Under management of The Management Board of the Industrial Parks of Hung Yen Province

http://banqlkcn.hungyen.gov.vn/portal/Pages/2011-07/Khu-cong-nghiep-Minh-Quan-8bcd329b709b4c6a.aspx

Incentives (Tax and Non-Tax)
  • Enterprises are built on land with synchronous infrastructure, electricity, water, post and telecommunications
  • The services are provided to the foot of the factory campus.
  • Corporate income tax rate: 10% for 15 years; 4 years exemption from taxable income and 50% reduction in the following 9 years
  • 50% reduction of personal income tax for people with taxable income
  • Corporate income tax rate: 17% and exemption in 2 years; 50% reduction in the following 4 years to high quality steel, energy-saving manufacture, agricultural, forestry equipment, machine industries.
  • Import tax: Exemption from import tax on goods creating fixed assets; exempt from import tax for the first 5 years for raw materials, supplies and components of semi-finished products that cannot be produced at home, and are imported to serve production.
Total Number of Investors 20
Investor Nationalities

Japanese, Korean, Chinese, Vietnamese

EZ Authority and Contact Address

The Management Board of the Industrial Parks of Hung Yen Province – Address: Ban Yen Nhan Town, My Hao District, Hung Yen Province, Vietnam - Email: bqlkcn@hungyen.gov.vn - Phone: +84 02213.942.862 - Fax: +84 02213.942.927

VID HUNG YEN JOINT STOCK COMPANY – Address: Minh Quang Industrial Zone, Bach Sam Ward, My Hao Commune, Hung Yen Province, Vietnam

 

Major Roads

To National Highway 5 (Ha Noi – Hai Phong): 32km, to Ha Noi center: 35km

To Hai Duong City: 21km

To Hung Yen City: 40km

To China border gate: 174km

Internal road: 28m wide main road, 20m wide branch road.

Nearest Airports

To Ha Noi International Airport: 58km

Any Other Transportation

To Hai Phong Sea Port: 65km, to deep water Quang Ninh Sea Port: 105km

Warehouses

Warehouse inside the zone with area: Minimum land plot: 10,000m2 - Factory: Built up area: 1,000m2

Customs and Immigration

To Hung Yen Provincial Customs Department: 7km

Power Station Capacity

Main power: 110/22kV

Electrical Price per Unit

0.07 USD/kWh

Portable Water

4,000 m3/day

Water Price per Unit

0.65 USD/m2/year

Waste Water Treatment Location

Industrial zone centralized wastewater treatment station

Waste Water Treatment Capacity

9,000m3/day

Internet Facility

Network operators VNPT, FPT, Viettel provide full services: telephone, fax, Internet, etc.

Hospital

To My Hao Sub-district health center: 4km, Pho Noi General Hospital: 10km

Bank

Nearby commercial bank system

Post Office

To sub-district post office: 4km

 

Website http://banqlkcn.hungyen.gov.vn/portal/Pages/Cac-quy-trinh-thu-tuc-va-bieu-mau--.aspx
Contact Details

The Management Board of the Industrial Parks of Hung Yen Province – Address: Ban Yen Nhan Town, My Hao District, Hung Yen Province, Vietnam - Email: bqlkcn@hungyen.gov.vn - Phone: +84 02213.942.862 - Fax: +84 02213.942.927

Lancang-Mekong Economic Zones

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