"Lowest rent in the region”
Phu Tho – is the historical land where the first state of Vietnam had been established with 18 Hung King generations. Located at the center of the North, along the economic route Hai Phong – Hanoi – Lao Cai – Con Minh (China), Phu Tho is the connection point of Northwestern – Northeastern provinces and other provinces in Vietnam. Nowadays, Phu Tho becomes a new industrial center in the North of Vietnam.
ADVANTAGES
- Lowest price in the region
- Strategic location & convenient transportation
- Available site for construction immediately
Integrated infrastructure, fully services and social facilities.
Phu Ha Industrial Park is located in Phu Tho Province with the area of 350ha.
It is the 1st industrial park in Phu Tho town with abundant labour source, low labor cost. Phu Ha IP is next to 2 key routes, Ho Chi Minh road and Hanoi – Lao Cai highway, shortening moving time and business activities of investors from Phu Ha IP to Hanoi and other neighboring IP.
STRATEGIC LOCATON
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TRAFFIC
There are several major routes across the province: National Highway No.2, National Highway 70, National Highway 32A, National Highway 32B
– 80km far from Hanoi capital.
– 66km far from Noi Bai International Airport.
– 110km far from Samsung Thai Nguyen.
– 100km far from Samsung Bac Ninh.
– 180km far from Lang Son International Border Gate.SEAPORT
Phu Tho has convenient terrain for water transport with its three major rivers which are Hong River, Lo River and Da River flow through.
There are 3 big ports in the province, including:
– Viet Tri port
– Yen Mao port
– Bai Bang portScale
Area: 350 ha
Commencement: 2015
Operation time: 50 years (From 2014 to 2064)Fields calling investment:
Manufacturing of consumer goods, foodstuff, medicine; Light Industry; Manufacturing of electric equipment, assembly; Manufacturing of mechanic for car and motorbike; Manufacturing of construction material; LogisticTECHNICAL INFRASTRUCTURE
Internal traffic
– The width of main roads is 78 m and the branch road is 40 m and 16.5 m, pavement is 3-5 m.
– The main road connecting the center of Phu Tho Town to National Road No.2Power supply
Power is supplied from the national grid through 110/22KV transformer station with capacity of 63MVA. The 22KV electric line shall be installed along the internal road of IP, convenient with the connection point of each land lot.
Water supply & drainage system
Water supply
– Water source is taken from Red river connecting back to supply for water treatment station in the Industrial Park with capacity of 13,500 m3/day. The diameter of water supply pipe is D110 mm – D350mm.
– Water supply system shall be installed up to the connection point of each land lot.Drainage system
– Rain water drainage system is constructed separately with waste water drainage system in the IP .
– The diameter of underground rain-water drainage is 600 – 2000mm with the principle of automatic drainage.Waste and waste water treatment
– Waste water treatment Station with capacity is 7,500 m3/day. The diameter of waste water drainage pipe is D300mm – D500mm.
– Solid Waste from factories in the IP shall be classified at each factory and be collected to the centered treatment area of Phu Tho Province.Telecommunication system – internet
Modern and international standard telecommunication system, to meet the demand of domestic and international communication, high-speed data transfer. Underground cable system is connected directly to the fence of every factory.
SERVICE
More than 146.000m2 of Phu Ha Industrial Park has been used for management office building and social-service projects.
There are full of customs services, bank, post office, serving the daily needs of enterprises and workers in industrial Park. Beside that, with the abundant labor source, low labor cost in Phu Tho, it is the advantage to attract the investment into Phu Tho province.Bank
Post office
Customs
Accommodation for workers
Logistics
Fire prevention
Petrol station
Hospital
INVESTMENT INCENTIVE
Corporate income tax (cit)
Tax rate:
• Corporate income tax rate is 22 %
• Enterprises with a total turnover of not exceeding 20 billion shall be applied tax rate of 20 %.
• Revenue as a basis determined eligible for corporate tax rate of 20 % in this term is the revenue of the preceding year.
• Taxaion of CIT will be change to 20% since 1/1/2016.Tax incentives:
1. In case an enterprise newly established from an investment project in Phu Ha IP, it shall be enjoy exemption from taxation for 2 years and discount of 50% for tax payable in the next 4 years.
2. This tax incentive is applicable from the first year when the company’s newly investment project gets the revenue. For high-tech enterprise, it shall be applied from the date the enterprise receipt the certificate of a high-tech enterprise.Tax on transfer of profit abroard
Exempted.
Value added tax (vat)
Exemption of VAT on goods which include imported raw materials for producing, processing of exported goods according to the processing contracts signed with foreign Partners.
Import tax
(Only applied for high-tech enterprises, fields with investment incentives). According to Decree No. 87/2010/NĐ-CP.
(1) Import tax exemption for imported goods to create fixed assets
(2) Import tax exemption for imported raw materials, materials to produce the goods for export
(3) Import tax exemption for raw materials in 5 years upon starting the production if the enterprise invested into the projects under the list of special incentive investment projects or investment on manufacturing of electric, electronic components, mechanical spare parts.