Pho Noi A Industrial Park - Hung Yen
Pho Noi A Industrial Park – Hung Yen. Area: 689 ha – Term: 2054.
Overview
Pho Noi A Industrial Park is Hoa Phat Group’s first project in the real estate sector. The industrial park officially began receiving investment projects in 2005. After nearly 15 years of operation, the park now hosts 113 domestic projects and 83 foreign direct investment (FDI) projects, mainly from Japan and South Korea. With a total area of 596 ha, it is the largest industrial park in Hung Yen province. In March 2021, the Prime Minister approved the expansion of Pho Noi A Industrial Park by 92.5 ha, bringing its total area to 686 ha.
With the expansion of the industrial park, many existing businesses have leased additional plots to grow their operations, such as Nutifood Vietnam’s second milk processing plant (12 ha), Ngoc Diep Aluminum Plant (5 ha), Toan Phat Copper Tube Factory 2 (4.6 ha), IDE 2 General Industry Project (3 ha), and Lixil Vietnam Warehouse (Plot 3-2.16 ha).
Completed Infrastructure
The entire technical infrastructure of the industrial park has been completed to modern standards, including an internal traffic system, power supply, water supply, and fire prevention systems. Pho Noi A Industrial Park has become an attractive destination for hundreds of domestic and international investors. The park is home to many projects from investors in Japan, South Korea, and the United States.
Currently, Pho Noi A Industrial Park has the highest number of registered investment projects in Hung Yen province, with 209 projects, including 93 foreign-invested projects with a total registered capital of over USD 1 billion and 116 domestic projects with a total registered capital of over VND 20 trillion.
Location
Pho Noi A Industrial Park is particularly attractive to investors, especially foreign ones, due to its strategic location along National Highway 5 and its proximity to other key transport routes, such as National Highways 1A and 18. The park is near the railway network and has excellent internal infrastructure. Its location is advantageous for transporting goods to major cities and satellite urban areas, facilitating efficient logistics, distribution, and import-export operations to domestic and international markets. The combination of modern infrastructure and a friendly community ensures long-term and effective operations for businesses in the park.
Infrastructure
Internal Roads: The internal road system is designed with appropriate widths to ensure easy access to factories. Public lighting systems are installed along the roads.
Electricity Supply: Electricity is continuously and stably supplied through two 110/22KV substations with a capacity of 4x63MVA.
Public Lighting System: A separate lighting network is installed along the main traffic routes, independent of residential power supply systems.
Water Supply: The industrial park has a water treatment plant with a capacity of 15,000 m³/day. Water connections are extended to the boundaries of each enterprise.
Stormwater and Wastewater Drainage: The drainage system is designed and constructed separately for stormwater and wastewater, ensuring proper collection and treatment from all factories in the park.
Waste Management: Investors sign contracts with professional and licensed waste treatment service providers.
Wastewater Treatment: The wastewater treatment plant has a total capacity of 6,000 m³/day and employs biological treatment systems.
Telecommunications: The telecommunication system meets international standards, offering high-speed data transfer and domestic and international postal services. Underground fiber-optic cables connect directly to each enterprise.
Supported Industries
Pho Noi A Industrial Park primarily attracts businesses in the following sectors:
- Manufacturing and assembly of electronics, electrical appliances, machinery, automobiles, and motorcycles
- Steel production and steel product manufacturing
- Construction material manufacturing
- Agricultural and food processing
Labor costs
Pho Noi A Industrial Park is located in Yen My, Van Lam districts, and My Hao town, Hung Yen province, within Region II. As of 2024, the minimum regional wage for Region II is VND 5,000,000 per month.
Social Infrastructure
Customs Services: The Hung Yen customs station, located about 1 km from the park, facilitates smooth customs procedures for import-export activities, including sealing and verification.
Banking: Major banks such as Oceanbank, Vietcombank, BIDV, PG Bank, Seabank, Vietinbank, and Techcombank operate in Hung Yen province.
Postal Services: My Hao post office, 1 km from the park, meets the communication needs of businesses.
Public Transport: A bus system runs from Hanoi to Hung Yen and back via National Highway 5, with buses departing every 20 minutes between 5:00 AM and 7:30 PM.
Fire Protection: The fire department is located 1 km from the park, with fire hydrants installed along the main and branch roads.
Housing: The industrial park is close to residential areas, ensuring sufficient living and social amenities for employees.
Healthcare: Pho Noi General Hospital, located 1 km away, provides modern medical facilities and services for the park’s workforce.
Education: Hung Yen is home to institutions such as Chu Van An University and several vocational schools, providing a skilled workforce for the region and the country.
Investment Advantages
Strategic Location: Pho Noi A Industrial Park is near major transportation routes such as National Highways 1A and 18, and the railway system. This location is ideal for attracting abundant labor from neighboring areas and high-quality human resources (managers and experts) from Hanoi.
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
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