Nhon Hoi A Urban – Industrial Park, Binh Dinh Province
Nhon Hoi A Urban – Industrial Park, Binh Dinh Province. Total Area: 630 HA – Lease Term: Until 2059.
General Introduction
Nhon Hoi A Urban – Industrial Park, Binh Dinh Province was established under Decision No. 514/QD-TTg dated May 8, 2019 of the Prime Minister approving the adjustment of the master plan of Nhon Hoi Economic Zone with a vision to 2040.
Nhon Hoi A Industrial Park is invested and developed by Saigon – Nhon Hoi Industrial Park Joint Stock Company (SNP), with a total area of 630 ha. The project is located within Nhon Hoi Economic Zone, on Phuong Mai Peninsula, Quy Nhon City, Binh Dinh Province.
Nhon Hoi Industrial Park – Zone A is planned as an Urban – Industrial Park, divided into two functional zones:
Industrial Zone: 394 ha
Urban Zone: 236 ha
Nhon Hoi A Urban – Industrial Park enjoys a prime location at the center of Quy Nhon City, which is a major commercial, service, and international trading hub of the Central Key Economic Region. The park holds outstanding advantages in regional and international connectivity, being located on the North–South axis of Vietnam with full access to road, railway, aviation, and maritime transportation.
It serves as the closest and most convenient seaport gateway to the Central Highlands, Southern Laos, Northeastern Cambodia, and Thailand via Quy Nhon International Seaport and National Highways 19 and 19B. National Highway 19B is the main North–South axis of the industrial park, directly connecting provinces and Quy Nhon Seaport, fully meeting investors’ logistics and transportation demands.
Meeting Investors’ Needs
Nhon Hoi A Urban – Industrial Park is highly appreciated by investors for its modern and synchronized planning, harmoniously integrating industrial infrastructure with urban utilities, living spaces, and leisure facilities, effectively meeting diverse investment needs.
Location
Nhon Hoi A Urban – Industrial Park is strategically located near Quy Nhon City center, one of the three major commercial, service, and international transaction centers of Central Vietnam and the Central Highlands. The location plays a key role in the East–West Economic Corridor and regional integration with ASEAN and the Greater Mekong Subregion.
Infrastructure
Internal Transportation
The industrial park transportation system is connected to the national road network (National Highways 1A, 19, and 1D), railway, seaport, and airport systems.
Road surfaces are asphalt-paved with load capacity H30 – XB80.
Main roads: 45 m, 56 m, 65 m, 80 m wide
Internal roads: 29 m, 27 m, 20 m wide
Two free parking areas with a total area of 2 ha
Power Supply
Power is supplied from the national grid via a 220 kV transmission line from Phu Tai to the 220/110 kV substation with a capacity of 2 x 125 MVA at Nhon Hoi Economic Zone.
A 110 kV line connects to a 110/22 kV substation with a capacity of 2 x 63 MVA located within the industrial park, with expandable capacity to meet investors’ demand.
Public Lighting System
Street lighting is designed separately from the residential power system and installed along all traffic routes.
Water Supply
Water for production and daily use is supplied through booster pumping stations at Nhon Hoi Economic Zone:
Phase 1 capacity: 24,000 m3/day
Phase 2 capacity: 64,000 m3/day
Rainwater and Wastewater Drainage
Rainwater drainage pipelines are installed along internal roads. Surface water from factories is connected directly to this system.
Solid Waste Treatment
Investors sign contracts with Quy Nhon Urban Environment Joint Stock Company for collection, transportation, and treatment of domestic solid waste. Hazardous waste is handled through contracts with Hau Sanh Trading and Environment Co., Ltd.
Wastewater Treatment
Wastewater pipelines (D300–D600) collect wastewater from investors and convey it to the Nhon Hoi Wastewater Treatment Plant.
Phase 1 capacity: 14,000 m3/day
Phase 2 capacity: 53,650 m3/day
Industrial and domestic wastewater must be treated to meet Grade B standards under QCVN 40:2011/BTNMT before discharge into the industrial park’s collection system. Investors sign wastewater treatment contracts with the Economic Zone Management Board or its authorized units.
Telecommunication System
The industrial park is equipped with an international-standard telecommunications network, providing full services such as internet, fixed-line telephone, and fax through direct contracts with service providers.
Main industries in industrial parks
Nhon Hoi A Industrial Park is a multi-sector industrial park within the overall development of Nhon Hoi Economic Zone. Target industries include:
- Pharmaceutical, food, and high-tech industries: production of pharmaceuticals, medicinal materials, medicines; food, beverages, and food processing additives
- Consumer goods industries: textile and garment, footwear, motorcycle and automobile assembly; agricultural, forestry, and seafood processing; plastics and glass
- Construction and interior design industries: construction materials, interior and exterior decoration materials; wood processing, forestry export products, packaging, sports equipment, teaching equipment
- Supporting industries: production of raw materials, components, spare parts, semi-finished products for manufacturing and assembly industries
- Service industries: office leasing, banking, postal services, customs, integrated services, public bus stations, exhibition centers, conference centers, vocational training centers, temporary accommodation
Labor costs
Nhon Hoi A Industrial Park is located in Nhon Hoi Commune, Quy Nhon City, Binh Dinh Province, classified as Region III.
Current regional minimum wage: 3,640,000 VND/month.
Social infrastructure
Customs services: Convenient customs procedures
Banks: Oceanbank, Vietcombank, BIDV, PG Bank, Seabank, Vietinbank, Techcombank
Postal and logistics services: TDT Express, VNPT, DHL, FedEx, TNT with door-to-door delivery
Bus network: Convenient bus routes connecting the industrial park to Central and Southern provinces
Firefighting: Fire hydrants installed every 150 m along sidewalks, connected to the clean water supply system
Accommodation: Located near vibrant residential areas, ensuring housing and living needs for workers
Healthcare: Quy Nhon City has a comprehensive healthcare system with 6 general hospitals
Education: Full education system from kindergarten to higher education, including Quy Nhon University and Quang Trung University, 4 vocational colleges, and many vocational schools
Labor Resources
Abundant labor supply with skilled workers for domestic and export markets in textile, forestry processing, and seafood processing industries.
Total labor force: 884,098 people
Skilled workers: 49,909 people
College and university graduates: 78,546 people
Investment Incentives
Nhon Hoi A Industrial Park enjoys the highest current investment incentives:
Land lease term: up to 50 years; exemption from raw land rental fees throughout the project lifecycle
Corporate income tax incentives: 10% tax rate for 15 years from the commencement of operations
- First 4 years: 100% tax exemption
- Next 9 years: 50% tax reduction
- After incentives: applied according to Prevailing regulations
Import tax exemption:
- Machinery, equipment, spare parts, specialized transport vehicles in production lines
- Construction materials not yet produced domestically or not meeting quality standards
- Special investment incentive projects and projects producing mechanical, electrical, and electronic components
- Import tax exemption for 5 years from the start of production and business operations
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
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