Thang Long III Industrial Park, Vinh Phuc Province
Thang Long III Industrial Park, Vinh Phuc Province. Area: 213 hectares – Term: 2065.
Overview
Thang Long III Industrial Park covers an area of 213 hectares, developed in two phases: Phase I occupies 94.5 hectares, and Phase II spans 118.5 hectares. Established in late 2015, the park is located in Thien Ke Commune, Binh Xuyen District, Vinh Phuc Province. Construction began on September 21, 2017, and Phase I was completed by November 8, 2018. Phase II construction followed shortly thereafter.
This is the third industrial park developed by Sumitomo Corporation (Thang Long Industrial Park Co., Ltd.) in Vietnam, following Thang Long I in Hanoi and Thang Long II in Hung Yen. With an investment of approximately USD 135 million (Phase I: USD 70.1 million), it represents the 10th out of 18 industrial parks in Vinh Phuc Province. Thang Long III is expected to set a benchmark for high-quality infrastructure, environmental standards, and cultural practices while accelerating industrial development.
Key Advantages
Solid Ground Base: Built on a firm soil foundation, the industrial park reduces construction costs for factories and workshops.
Investment Attraction: The operational park opens new opportunities for attracting investment and diversifying industrial development in Vinh Phuc Province.
Development Status (2020)
By the end of 2020, Thang Long III Industrial Park had attracted 27 investment projects, predominantly from Japan. These include 3 DDI projects (domestic direct investment) with a total investment of over VND 506 billion and 19 FDI projects (foreign direct investment) with a total capital exceeding USD 564 million.
Currently, 8 projects are operational, with the industrial land utilization rate reaching 75%. When fully occupied, the park is expected to host approximately 80 projects, creating 40,000–50,000 jobs, contributing taxes, and facilitating technology transfer, thereby boosting the socio-economic development of Vinh Phuc Province
Location
Thang Long III Industrial Park boasts a prime location with convenient access to major transportation routes:
- 03 kmto Noi Bai–Lao Cai Expressway
- 20 kmto Noi Bai International Airport
- 45 kmto Hanoi’s city center
Infrastructure
Internal Roads
Main roads: Widths of 40m, 59m, and 62m, with 4–6 lanes.
Secondary roads: Widths of 24m, 26m, and 28m, with 4 lanes.
Power Supply
Equipped with a 110/22kV substation connected to four 110kV power lines, with a total capacity of 4x40MVA (Phase I: 2x25MVA transformers).
Backup power system: Three generators with capacities of 2x630KVA and 1x400KVA.
Water Supply
Minimum supply of 60m³/day/hectare, scalable based on customer needs.
Drainage System
Rainwater: Gravity-based drainage to surrounding canals and rivers.
Wastewater: Centralized wastewater treatment plant with a capacity of 90,000m³/day (Phase I: 3,000m³/day).
Waste Management
Industrial waste is sorted, collected, and transported under contracts with service providers to ensure environmental safety.
Telecommunication
High-speed fiber-optic infrastructure provided by leading telecom providers such as VNPT, Viettel, and FPT Telecom, ensuring global connectivity.
Supported Industries
Thang Long III primarily attracts environmentally friendly industries with minimal pollution risks, including:
- Engine manufacturing and supporting industries
- Automotive and motorcycle parts production
- Electrical and electronic products
- Precision mechanics
- Other non-polluting industries
Labor costs
Located in Region II of Binh Xuyen District, Vinh Phuc Province, the current minimum wage in 2024 for Region II is VND 4,160,000/month.
Social Infrastructure
Customs Services
Proximity to customs facilities ensures smooth import-export processes.
Banking
Access to financial services from banks like VietinBank, BIDV, Vietcombank, Shinhan Bank, and Techcombank, with ATMs and offices conveniently located within the park.
Postal Services
Onsite post offices provide prompt services for businesses and workers.
Public Transport
A bus network connects the park to Hanoi, Quang Ninh, Hai Phong, Hai Duong, and other provinces.
Fire Safety
Fire hydrants are installed along main roads, with fire safety equipment compliant with national standards.
Housing and Amenities
Proximity to vibrant residential areas provides convenient housing and living options for employees.
Healthcare
Access to healthcare facilities ranging from district hospitals to communal clinics ensures adequate medical services for workers.
Education
Diverse educational institutions, including kindergartens, high schools, colleges, and vocational schools, cater to local and expatriate residents.
Vinh Phuc Province hosts four universities and 13 vocational training colleges, ensuring a skilled labor force for the park.
Thang Long III Industrial Park stands as a model for modern, eco-friendly, and investor-friendly industrial development in Vietnam.
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
💠Learn more about us:
—
Your trusted partner in Vietnam Real Estate, Industrial Parks, and Invest Vietnam.
Stay Connected:
- Fanpage: blueoceanrealtyvn
- Youtube: BlueOceanRealty , @batdongsanbor , @blueoceanrealtyvietnam
- Instagram: blueoceanrealtyvn
- Tiktok: @bortintuc
📲 Hotline/ Zalo: +84888089696
—
