THAI BINH ECONOMIC ZONE

As a key coastal economic zone in the Red River Delta region, Thai Binh Economic Zone was approved by the Government to leverage marine economic potential and promote development in Northern Vietnam. Covering a total area of over 30,000 hectares, it encompasses industrial parks, urban areas, service zones, and more. It is set to become a prominent destination for investors from now until 2030

Total Area of
the Economic Zone
(hectares)

30,583

Industrial Parks
Industrial Park – Urban – Service Zone

13

Σ Investment Capital (billion VND)
attracted by 2024

94,838

ATTRACTIVE INVESTMENT ENVIRONMENT

Strategic Central Location for Connectivity

A key advantage that significantly reduces logistics time and costs for investors.

Synchronized – Modern – Eco-Friendly Infrastructure

Integrated and modern infrastructure with convenient regional connectivity helps investors reduce construction costs.

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Attractive Target Industries

Diverse investment opportunities with a priority on high-tech sectors that have strong growth potential.

MAXIMUM INVESTMENT INCENTIVES

Benefiting from highly preferential tax rates as located within the Thai Binh Economic Zone.

Labor Supply

Abundant, high-quality workforce with competitive labor costs.

OPEN – QUALITY – POTENTIAL

Creating a competitive, attractive, and sustainable investment environment. Ideal for investors aiming for long-term success.

COMMITMENTS FROM THE INDUSTRIAL PARK

Develop green, integrated, modern infrastructure

Land Handover to Investors According to Committed Schedule

Legal Advisory Support on Investment Procedures

Provide electricity, water, and wastewater treatment

Ensuring a Green Production Environment to Enhance Community Health

Ensuring Security and Safety for Production

With its planning orientation as a coastal economic zone and transportation infrastructure, Thai Binh Economic Zone is set to become a standout destination for investors in Northern Vietnam from now until 2030..

Infrastructure

Modern, synchronized connection

  • Ninh Binh – Hai Phong Expressway: A 4-lane, 24.75-meter-wide highway connecting the Ninh Binh area to Hai Phong.
  • The National Coastal Road is only 1.5 km from Hung Phu Industrial Park.
  • Convenient Waterway Transport System with Hung Phu Inland Port.
  • Easy connections to national and provincial highways.

Labor Supply

ABUNDANT WORKFORCE WITH LOW COSTS

Benefiting from a large, young population, the abundant labor force is a key advantage for the development of industrial zones. In addition, the high quality of labor drives growth toward modernization, meeting the requirements for skills and craftsmanship.

POPULATION

3,576,943 people

Working-Age Population Ratio

62%

Trained Workers Ratio

76%

Total Area

2,514.81 km²

Foreign Investment Attraction

99,088 billion VND

Total RGDP

232,437 billion VND

Investment Incentives

Corporate income tax (CIT)

0% for the first 4 years, 5% for the subsequent 9 years, 10% for the following 2 yearss

Import Duty Exemptions

Numerous preferential import tariffs for various industries.

Exemption from import tax on goods imported to create fixed assets.

Exemption from import tax on raw materials, supplies, and components for a period of 5 years.

Land Lease Incentives

Annual land lease fees are exempted for 15 to 17 years, depending on the type and nature of the project.

Services Provided by the Investor

Always by Your Side to Support Your Investment

INDUSTRIAL PARK PROCEDURE

FAST CONTRACT SIGNING PROCESS

Land Sublease Agreement Draft

Registration Form Template Guidelines

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