Binh Xuyen Industrial Park

I. LEGAL INFORMATION AND LOCATION OF BINH XUYEN INDUSTRIAL PARK

On December 4, 2004, the People’s Committee of Vinh Phuc Province assigned An Thinh Construction Investment Co., Ltd. as the investor for the project to develop and operate the infrastructure of Binh Xuyen Industrial Park, under Decision No. 4455/QĐ-CT. On July 11, 2006, Binh Xuyen Industrial Park was officially approved for establishment by the Prime Minister through Document No. 1072/TTg-CN. The industrial park has a planned area of 277 hectares (after multiple adjustments).

On January 20, 2016, Vinh Phuc provincial People’s Committee approved the Subdivision Planning Project C1 at a scale of 1/2,000 for the development of industry and supporting urban areas along National Highway 2 in Binh Xuyen District. Accordingly, Binh Xuyen Industrial Park and Nam Binh Xuyen Industrial Park, together with surrounding satellite urban areas, are planned to become one of the modern industrial, urban, and service hubs of Vinh Phuc Province, featuring synchronized technical infrastructure.

(Master plan for the area on both sides of National Highway 2 in Binh Xuyen district, including Nam Binh Xuyen Industrial Park and Binh Xuyen Industrial Park)

In terms of nature, Binh Xuyen Industrial Park is planned as a multi-sector industrial park, focusing on attracting investment projects in fields such as the manufacturing of automotive and motorcycle parts, production of electrical equipment, chemicals, and building materials, as well as projects that apply high technology and have minimal environmental impact.

In terms of region linkage, Binh Xuyen Industrial Park is adjacent to National Highway 2A, located near densely populated residential areas and:

- 9.5 km from Vinh Yen city center

- 21 km from Noi Bai International Airport

- 48 km from Ha Noi city center

- About 2 km from the Ha Noi - Lao Cai Highway

- About 157 km from Hai Phong Port

II. INFRASTRUCTURE SYSTEM OF BINH XUYEN INDUSTRIAL PARK

Power supply system: The electricity supply for production activities at Binh Xuyen Industrial Park is ensured by a 110/35/22kV transformer station with a capacity of 126 MVA. Power lines of 35/22kV are connected to each land lot within the industrial park. Investors operating in the park are responsible for installing their own step-down transformer stations in accordance with their specific power consumption needs.

Water supply system: Clean water for production at Binh Xuyen Industrial Park is primarily supplied by the Binh Xuyen Water Treatment Plant, which has a maximum capacity of 20,000 m3/day and night.

Wastewater treatment system: Binh Xuyen Industrial Park is equipped with a centralized wastewater treatment system with a maximum treatment capacity of 5,500 cubic meters per day and night. The system is capable of treating wastewater to reach Column A standards in accordance with Vietnam's environmental technical regulations.

Internal traffic system: The main road within Binh Xuyen Industrial Park is constructed with a cross-sectional width of 50 m, including a carriageway width of 2×15 m. The internal branch roads are designed in a grid pattern, with cross-sectional widths ranging from 16 to 35 m, and carriageway widths from 10.5 m to 15 m.

(Image of Binh Xuyen Industrial Park infrastructure from above)

III. INVESTMENT INCENTIVES AT BINH XUYEN INDUSTRIAL PARK

Incentives on corporate income tax: Newly invested projects in Binh Xuyen Industrial Park are entitled to 100% exemption from corporate income tax for the first two years and a 50% reduction of the payable tax for the following four years.

Incentives on import tax: Exemption from import tax is granted for goods on the preferential tariff list that are imported for the purpose of forming fixed assets for the enterprise.

IV. STATUS QUO OF ATTRACTING INVESTMENT AT BINH XUYEN INDUSTRIAL PARK

Currently, Binh Xuyen Industrial Park has completed its infrastructure development and has achieved 100% land occupancy with various prominent projects. These include the electronic components manufacturing project by CDL Precision Technology (Viet nam) Co., Ltd.; the metal processing and coating project by Tanaka Vietnam Co., Ltd.; the tile manufacturing project by Prime - Ngoi Viet Joint Stock Company; along with a series of other investment projects from investors originating from South Korea, Viet nam, Canada, and others.