Nam Dinh Vu Industrial Park

I. INFORMATION AND LOCATION OF NAM DINH VU INDUSTRIAL PARK

Nam Dinh Vu Industrial Park is an industrial park located in the overall planning of the Non-Tariff Area and Nam Dinh Vu Industrial Park (zone 1) with a total area of more than 1.329 hectares including: Industrial park (917 hectares); Seaport; Non-tariff area (210 hectares); Petrochemical area and petrochemical warehouse (62 hectares); Logistics and warehouse area (105 hectares).
Specifically, Nam Dinh Vu Industrial Park was approved to be added to the general planning of industrial parks in Hai Phong until 2020 according to Official Dispatch No. 180/TTg-CN dated February 01, 02 of the Prime Minister.

The initial planned planning area is 1.200 hectares, with the planned location in Dong Hai 2 ward, Hai An district, Hai Phong city. After that, the industrial park was adjusted to increase the planning area.

Nam Dinh Vu Industrial Park project is built including 02 subdivisions:
Nam Dinh Vu Industrial Park (zone 1):
– Also known as Nam Dinh Vu Industrial Park
– Approved detailed planning at 1/2000 scale according to Decision No. 795/QD-UBND dated May 05, 05 of Hai Phong City People's Committee with an area of 2009 hectares.
– The project's investor is Sao Do Investment Group Joint Stock Company with a total investment capital of more than 2.400 billion VND.
– Operation period: From 2009 – 2059
Nam Dinh Vu Industrial Park (zone 2):
– Now the name has been changed to Deep Industrial Park – C2A
– Approved detailed planning 1/2000 according to Decision No. 644/QD-UBND dated April 16, 04 and approved detailed planning 2009/1 according to Decision No. 500/QD-UBND dated April 2047 November 29 of Hai Phong City People's Committee. Deep C11A Industrial Park has a planned area of 2010 hectares, of which the area of industrial land, factories, and warehouses is 2 hectares (accounting for 513,3985% of the planned area).
– The project's investor is Hong Duc Industrial Joint Stock Company with a total investment capital of 2.468 billion VND.
– Operation period: From 2009 – 2059
(See details here: Deep C Industrial Park (Dinh Vu) - Hai Phong)

In terms of nature, Nam Dinh Vu Industrial Park is a multi-industry industrial park, focusing on attracting investment projects in the fields of mechanical engineering and precision engineering; Production of new materials, specialized materials and construction materials; Manufacturing electrical equipment, electronic components, computer components, high technology, information technology; Production of paint, chemicals, rubber and cosmetics; Construction and operation of oil and gas pipelines and LPG storage; logistics and warehousing; supporting industries; light industry (except garments with dyeing process).

Regarding regional link location: Nam Dinh Vu Industrial Park has a strategic location in the center of the Northeast economic corridor, with convenient connection to major seaports and important traffic routes. Specifically, Nam Dinh Vu Industrial Park:
– Adjacent to Dinh Vu Port and Nam Dinh Vu Port, 10 km from Lach Huyen port
– 4 km from Hanoi - Hai Phong highway intersection
– 15 km from Hai Phong city center, 140 km from Hanoi city center
– 47 km from Cai Lan Port
– 16 km from Cat Bi airport, 120 km from Noi Bai airport

II. INFRASTRUCTURE SYSTEM OF NAM DINH VU INDUSTRIAL PARK

Internal seaport system: Nam Dinh Vu Port is a seaport located in the master plan of Nam Dinh Vu Industrial Park, invested and built with a capital of more than 1.700 billion VND on an area of 65 hectares and designed with a harbor length of more than 1.500 m with 07 ports. container and general cargo terminal. Nam Dinh Vu Port is capable of receiving ships with a maximum tonnage of 40.000 tons, with the goal of directly serving the import and export needs of businesses operating in the industrial park, helping to save logistics costs. and shipping time. Currently, Nam Dinh Vu Port has been completed and put into operation.

Internal road system: Roads of Nam Dinh Vu industrial park are built widely and synchronously. The main axis of the industrial park connects directly to Dinh Vu port and has a width of 35 m - 46 m, branch roads in the industrial park have a width of 24 m - 34 m. The entire road system in the industrial park is equipped with lighting systems, sidewalks and trees on both sides.

Electricity distribution system: Power source for production in Nam Dinh Vu industrial park is provided through a 110KV/22KV transformer station with a capacity of 4×63 MVA invested and built within the area. 22KV wire lines are connected along internal traffic routes to each plot of land in the industrial park.

Water supply system: Clean water source for production for manufacturing enterprises in Nam Dinh Vu industrial park is provided by the common water supply system from Hai Phong Water Supply Company with a design water supply capacity of 30.000 m3/day and night, Capacity can be adjusted to increase when water demand increases.

Waste water treatment system: All production wastewater in the industrial park is treated at the industrial park's centralized wastewater treatment system with a treatment capacity of 10.000 m3/day and night. In particular, phase 1 of the project with a capacity of 2.500 m3/day and night has been completed. The next phases will continue to be built when the industrial park's wastewater treatment needs increase. The wastewater treatment system is capable of treating input wastewater from column B to column A according to Vietnam's environmental technical standards.

Communication systems: Telecommunications and internet cable systems are underground along traffic routes in the industrial park and connected to each plot of land in the industrial park according to the needs of investors.

Fire protection system: Fire hydrants are arranged along traffic routes in the industrial park with a distance of 120m-150m/each hydrant.

III. LAND RENTAL COSTS AND INVESTMENT INCENTIVES IN NAM DINH VU INDUSTRIAL PARK

Infrastructure usage fee: 100 USD/m2/entire lease term. Unit price may vary depending on location and area of land rented.

Infrastructure management and maintenance fees: 1.400 VND/m2/month

Annual land rental: Nam Dinh Vu Industrial Park is exempted from annual land rent for the entire term of the project.

Electricity supply price: is applied according to EVN's electricity supply tariff and is charged a management fee depending on the actual electricity usage needs of the business.

Water supply price: 16.300 VND/m3, water supply unit price can be changed according to the decision of Hai Phong City.

Cost of wastewater treatment: from 9.000 VND - 24.000 VND/m3 depending on the quality of incoming wastewater.

Other costs: Collected by the supplier according to the actual needs of the business.

Note: The above prices do not include VAT and are subject to change without prior notice

Investment incentives at Nam Dinh Vu industrial park: Nam Dinh Vu Industrial Park is located in Dinh Vu - Cat Hai economic zone, so businesses operating in the industrial park enjoy full tax incentive policies of the economic zone, including

Corporate income tax incentives: A preferential tax rate of 10% is applied for the first 15 years (normal rate is 20%), and at the same time, 100% income tax exemption for the first 04 years and a 50% reduction in tax payable for the next 09 years.

Import tax incentives: Import tax exemption for goods on the list of tax incentives imported to create fixed assets for businesses.

In addition, investors in Nam Dinh Vu industrial park also receive support from the investor in investment licensing procedures and are facilitated by local authorities to shorten procedure time through the one-stop mechanism.

IV. CURRENT STATUS OF INVESTMENT ATTRACTION IN NAM DINH VU INDUSTRIAL PARK

Currently, the northern area (phase 1) of Nam Dinh Vu industrial park with an area of 370 hectares has been completed and leased by the investor with an occupancy rate of over 90% of the area. The southern area (phase 2) has an area of 959 hectares and has completed 100% of site clearance compensation and has invested in completing infrastructure for about 220 hectares. Currently, phase 2 of the project has been leased to fill over 25% of the area, the remaining areas are continuing to be completed by the investor with infrastructure.

Up to now (January 1), Nam Dinh Vu industrial park has had over 2023 investors from Korea, Vietnam, Singapore, Europe, China... with typical projects such as Project pulp production project of Cuu Long Paper Group (China); High-tech biodegradable plastic pellets production project of An Phat Group (Vietnam); Warehouse and factory rental projects of large investment funds such as Sea Logistic; GawnP; BW Industrial, JD Property…