TACHAN

Tien Hai Industrial Park attracts a lot of investment capital both at home and abroad, especially from Japan, Korea, Taiwan and Singapore.

Overview of industrial park

• Due date: 2067
• Height limitation: 25m
• Coverage rate: 65%
• The land is leveled
• Power supply system: 110kv – 63MVA
• Water supply system: 6000m3/day
• Sewage treatment plants: 10.000m3/day
• Domestic drainage system D400-D1200
• The basic salary in the 4th district 3.250.000/month (~140USD)
• Refer to the actual salary of workers in surrounding factories (including overtime): 5.000.000-10.000.000VND (240-400USD)
• Human resources
  • The provincial population is about 2 million, and the local population is 220,000
  • It has 5 colleges and universities and 10 vocational training centers for junior colleges

Geographical location of the industrial zone

• Distance from Hanoi capital: 120 km
• Distance from Hanoi International Airport: 150km
• Distance from Hai Phong International Port : 75km
• Distance from Quang Ninh Kailin International Port: 125km
• Distance from Samsung plant in Bac Ninh: 155km
•  Distance from Samsung plant in Thai Nguyen Province: 180km

Rent

• Land rent (reference price) : 85$/m2 (adjusted at market price)
• Industrial zone management fee: 0.4$/m2
• Sewage treatment fee (Class B-A): 0.4$/m3
• Water and electricity charges: charged according to the regulations of the provincial industrial and commercial bureau

Investment Offers

• Corporate Income Tax: Waived for the first 2 years, halved for the next 4 years, and 10% for the next 9 years
• Land tax (reference price): Free of land tax (agricultural land) for the first 5-7 years Land tax for 10 years to change once in 10 years to 8000 VND/m2/year
• 50% reduction in personal income tax
• Assistance: Investment licenses, company licenses, company seals, bank loans, recruitment of workers, etc…