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Binh Thuan is a province in the South Central Coast region, known for the parallel development of its industries, tourism, and agriculture. The establishment of industrial parks in Binh Thuan has significantly boosted the province's economic development. With its natural advantages and strategic geographical location, Binh Thuan has great potential to become one of the leading industrial provinces, alongside localities like Ho Chi Minh City, Binh Duong, Dong Nai, and Ba Ria - Vung Tau.

Currently, the province is actively attracting investment by planning numerous land lease projects in industrial parks to meet the demand for production expansion and provide golden opportunities for businesses to tap into the province's significant economic potential. With its modern infrastructure, attractive investment incentives, and strategic location, Binh Thuan is truly an ideal choice for businesses looking to enter a dynamic and growing industrial market.

The industrial land leasing projects in Binh Thuan are strategically located and boast exceptional transportation connectivity, offering numerous advantages for businesses choosing to lease land here.

Binh Thuan is situated in the South Central Coast region, benefiting from a variety of favorable transportation routes that connect the central and southern provinces. Additionally, it is in close proximity to key economic hubs such as Ho Chi Minh City, Vung Tau, and Dong Nai.

With its well-developed transportation network, industrial parks in Binh Thuan are easily accessible via major roadways, particularly National Highway 1A and National Highway 55. This connectivity facilitates efficient transportation of goods from Binh Thuan to major consumption markets, minimizing transportation costs and time.

Located along the East Sea coast with a coastline stretching up to 192 kilometers, Binh Thuan also benefits from strong maritime connectivity through Phan Thiet Port, one of the key ports in the South Central Coast region. Industrial parks near the port offer convenient import and export opportunities, especially for businesses in the seafood processing, construction materials, and other export-oriented industries.

With a population of approximately 1.7 million, Binh Thuan boasts a rich and diverse labor market, which is a key factor attracting businesses to invest and lease land in the province's industrial parks.

The large proportion of the working-age population in Binh Thuan provides a plentiful workforce, ranging from unskilled labor to highly skilled professionals, meeting the recruitment needs of various industries. The region is also home to several training institutions and vocational education centers that enhance labor quality and create a skilled workforce for industries such as manufacturing, seafood processing, textiles, and other manufacturing sectors.

The minimum wage in Binh Thuan is set according to regional standards and is regularly updated to align with the economic development and labor market demands. As a result, businesses can be assured of competitive labor costs when leasing land in the province's industrial parks. This not only provides financial benefits to investors but also helps ensure the stability and sustainability of their production and business operations.

Binh Thuan is currently implementing attractive tax incentives for businesses leasing land in industrial parks, aimed at promoting economic development and attracting investment to the region. These incentives not only help businesses reduce costs during the initial investment phase but also create favorable conditions for maintaining long-term production activities, while enhancing the competitiveness of domestic and international businesses.

Specifically, for sectors receiving special investment incentives, the province offers a 10% tax rate for 15 years on business income from new investment projects in socio-economic areas with particular difficulties. Additionally, a 10% tax rate applies to business income from socialization and publishing activities. The province also exempts businesses from corporate income tax for 4 years and reduces the tax payable by 50% for the following 9 years, as well as fully exempting land rental fees.

For other sectors, the province provides a 10% tax rate for 15 years on business income from new investment projects in socio-economic areas with particular difficulties. Businesses will be exempt from corporate income tax for 4 years and will receive a 50% tax reduction for the next 9 years. Land rental fees are exempt for 11 years from the date the project is completed and operational.

Industrial land leasing projects in Binh Thuan are focusing on attracting investments in the following key sectors:

Manufacturing, processing, and production: factories for the production of specialized electric motors; factories for manufacturing electrical wires and cables, electrical equipment, and accessories; factories for manufacturing and assembling electrical-electronic devices, computer components, and high-tech equipment; factories for producing components and equipment for the renewable energy industry; household furniture, etc.
Agriculture, forestry, and seafood processing: food processing, meat processing, fruit processing; processing products from the region’s main agricultural products; salt processing and post-production salt products; canned food, beverages, etc.
Mining and deep mineral processing.

With its developed infrastructure, abundant raw materials, and favorable policies from the local government, Binh Thuan is set to continue attracting investors in these sectors in the future.

Location: Ham Kiem and Ham My communes, Ham Thuan Nam District, Binh Thuan Province.
Total Land Area: 132.67 ha.

Ham Kiem 1 Industrial Park is invested by Hoang Quan Group, a major and reputable real estate conglomerate in Vietnam. The project is planned and developed with synchronized infrastructure. The solid ground foundation helps save construction costs.

The land for lease at Ham Kiem 1 Industrial Park offers significant advantages: it is located in a densely populated area with an abundant labor force, rich in mineral and seafood resources. Additionally, businesses operating here have easy access to key local roads, such as National Route 1A, the Dau Giay - Phan Thiet Expressway, National Route 28, National Route 55, and Provincial Road DT 707.

Ham Kiem 2 Industrial Park is a key industrial zone in Binh Thuan Province, designed with a Green – Clean – Beautiful environment according to international standards.

The industrial park is located on the North-South traffic axis, just 600 meters from National Route 1A and only 2 km from the access road to the Ho Chi Minh City – Long Thanh – Dau Giay – Phan Thiet Expressway.

The land leasing projects at Ham Kiem 2 Industrial Park attract various industries, applying advanced technologies that do not cause environmental pollution or limit pollution within permitted levels. Key industries include:

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RSQUARE : Your Expert Real Estate Advisor

RSQUARE : Your Expert Real Estate Advisor