Lap Thạc II Industrial Park

General overview of Lap Thach 2 industrial park

Vinh Phuc is one of the key provinces for industrial development in the North, including significant contributions from Lap Thach district industrial parks. By 2019, Lap Thach has 3 industrial parks with an area of nearly 840 ha including: Lap Thach I, Lap Thach II and Thai Hoa - Lien Son - Lien Hoa; 5 ICs include: Lap Thach town IC (12ha), Tu Du IC (20ha), Dinh Chu IC (19ha), Trieu De IC (11ha), Xuan Loi IC (15ha)

Lap Thach 2 Industrial Park was planned and established by Vinh Phuc People's Committee in 2013. Lap Thach 2 Industrial Park is located within Ban Gian and Dong Ich communes of Lap Thach district, with a total area of over 111ha.

Lap Thach 2 Industrial Park is oriented to develop small and medium-sized industries, hi-tech industrial production, auxiliary industries and advanced industrial products.

Geographic location and traffic

Lap Thach 2 Industrial Park has a relatively convenient geographical location and transportation for goods transportation and circulation:

3 km from Trans-Asia Road Noi Bai - Lao Cai - Kunming (China)
44 km from Noi Bai International Airport
Far from Cai Lan port (Quang Ninh) 190 km
The center of Hanoi Capital 73 km.

Technical infrastructure and other utilities

- Infrastructure system of Lap Thach 2 industrial park is invested synchronously and modernly:

- Power supply system: Lap Lap 110/35/22 kV power station with a capacity of 40 MVA

- Water supply system: Song Lo water plant has capacity of 100,000m³ day and night, providing convenient drainage and drainage, rainwater drainage system and separate wastewater treatment.

- In addition to building high quality infrastructure, Lap Thach 2 Industrial Park also offers a range of other utility services including: 24/7 security services, fire protection, logistics, maintenance and maintenance. Nursing, building factories, collecting waste, banking, ...

Operation time and investment cost in Lap Thach 2 industrial park

Project period:

- 50 years from the date of issuance of investment certificate.

- Investors can lease or transfer or invest

- In the process of hiring investors, they may sublease or transfer them to other small investors

Investment costs:

- The rental price has infrastructure: 65-70 USD / m2

- Electricity price: peak hour is 0.1USD / kwh; Normal hours are 0.05USD / kwh; off-peak hours are $ 0.03 / kwh.

- Water price: USD 0.4 / m3

- Labor cost: with reference price of 200-500 USD / person / month. Depending on the job position

- Management fee: US $ 0.2 / m2 / year

- Waste water treatment fee: USD 0.28 / m3

Investment incentives in Lap Thach 2 industrial park

- Incentives on corporate income tax (According to the Decree No. 218/2013 / ND-CP; Decree No. 12/2015 / ND-CP guiding the Law amending and supplementing a number of articles of the Laws on taxes and to amend and supplement a number of articles of tax decrees):

2-year tax exemption, 50% reduction of payable tax amount for 4 subsequent years. The period of tax exemption or reduction is calculated continuously from the first year of taxable income from the new investment project eligible for tax incentives, in case there is no taxable income in the first three years, counting from the first year. If there is a revenue from a new investment project, the tax exemption or reduction period is counted from the fourth year

Import and export tax incentives:

- Import tax exemption (Clause 11, Article 16 of the Law on Export Tax and Import Tax 2016): Goods imported to create fixed assets of entities eligible for investment incentives in accordance with the law on investment and insurance including:

Devices; components, details, separate parts, spare parts for assembling synchronously or using synchronously with machines and equipment; raw materials and supplies used to manufacture machinery and equipment or to manufacture components, details, separate parts and spare parts of machines and equipment;

Special-use transport means in technological lines used directly for production activities of the project;

Domestic construction materials cannot be produced yet.

Labor source in Lap Thach 2 industrial park

As of 2019, Vinh Phuc's population is 1.23 million, the working-age population accounts for a high proportion, along with its location in the Red River Delta and the Northern midlands and mountains. Vinh Phuc attracts abundant labor resources of other neighboring provinces for industrial zones in the province in general and Lap Thach industrial zone in particular.

Not only that, Vinh Phuc also pays great attention to training high-quality human resources for businesses in the province: In order to accomplish this goal, the People's Committee of Vinh Phuc Province issued Decision No. 38. / 2017 / QD-UBND provides enterprises with training and attracting high-quality human resources (employees in charge of leadership positions such as: Head of Department, Workshop Manager or equivalent or higher; Labor have intermediate, college level and have won the first, second and third provincial awards; first, second and third prizes, encouraged at the national, ASEAN or international level) according to Resolution No. 57/2016 / NQ- People's Council on 12/12/2016 of the Provincial People's Council on some specific measures to attract investment and support business development in Vinh Phuc province.

This provision is applicable to enterprises whose investment projects have investment policy decisions or investment registration certificates under the Investment Law in Vinh Phuc province from January 1, 2017. Labor tissue of 200 or more employees. Enterprises are only supported funding to attract high quality human resources, funding for labor recruitment and training into high quality workers once for a job position.

Evaluation of Lap Thach 2 industrial park

Lap Thach 2 industrial park has relatively convenient geographical location and transportation; Abundant and high-quality labor resources; The clean land fund of the industrial zone is still abundant, which will fully meet the demand for land lease and workshop renting by domestic and foreign investors.

Our services:

Through years of experience working with industrial park management, serving many domestic and foreign investors, we have the experience to provide the following services:

- Land consulting, factory visit

- Procedures, conditions, business licenses, investment certificates in Vietnam

- Drafting, Negotiating, Contracting

- Legal advisory

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