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The land leasing market in industrial parks in Ba Ria – Vung Tau is experiencing strong growth thanks to advantages in geographic location, transportation infrastructure, and supportive policies from local authorities. Ba Ria – Vung Tau boasts a convenient transportation system, connecting to major national highways and international seaports, facilitating production and import-export activities. Industrial parks in the area attract investments in various industries such as manufacturing, logistics, and high-tech sectors, supported by complete infrastructure, electricity, water supply, and available utility services. The robust development of facilities and favorable investment environment helps businesses optimize costs and enhance production efficiency. The land leasing market in Ba Ria – Vung Tau is becoming an attractive destination for both domestic and foreign investors, as demand for industrial park land continues to rise and industrial parks in other regions are gradually reaching saturation.

Ba Ria – Vung Tau, with its strategic location in the Southeast region, is not only a vital gateway to the East Sea but also an attractive destination for investors in various economic sectors, especially the maritime economy. The province has significant potential for industries such as oil and gas extraction, seaports, maritime transport, seafood processing, and resort tourism.

Alongside the strong growth of maritime industries, the industrial park land leasing market in Ba Ria – Vung Tau is also witnessing a boom. With a well-integrated transportation infrastructure and convenient connections between roads, waterways, railways, and airports, the province creates an ideal environment for manufacturing, processing, and export businesses.

Demand for industrial park land leasing in Ba Ria – Vung Tau is increasing, especially from the processing, logistics, and high-tech industries. The industrial parks here not only meet production needs but also provide comprehensive amenities and a stable business environment, attracting both domestic and foreign investments.

With advantages in geographic location, infrastructure, and the potential for maritime economic development, Ba Ria – Vung Tau is becoming a vibrant industrial hub and a highlight in the land leasing market in the Southeast region.

List of districts applying the minimum wage in Region I of Ba Ria - Vung Tau Province:

Vung Tau City, Phu My Town: The monthly minimum wage is 4,960,000 VND, and the hourly minimum wage is 23,800 VND.

List of districts applying the minimum wage in Region II of Ba Ria - Vung Tau Province:

Ba Ria City: The monthly minimum wage is 4,410,000 VND, and the hourly minimum wage is 21,200 VND.

List of districts applying the minimum wage in Region III of Ba Ria - Vung Tau Province:

Long Dien, Dat Do, Xuyen Moc, Chau Duc, Con Dao districts: The monthly minimum wage is 3,860,000 VND, and the hourly minimum wage is 18,600 VND.

Ba Ria – Vung Tau is one of the provinces with attractive tax incentives, especially for investors in industrial parks, aimed at attracting and encouraging investment in key industries. These tax incentives help businesses reduce costs and enhance business efficiency. The main tax incentives in Ba Ria – Vung Tau's industrial parks include:

Corporate Income Tax (CIT) Incentives:

Enterprises operating in industrial parks in Ba Ria – Vung Tau will enjoy preferential tax rates for corporate income. Specifically, businesses in the manufacturing, processing, or priority sectors will apply a corporate income tax rate of 10% for 15 years. Additionally, newly established businesses in industrial parks are exempt from taxes for the first 2 years and receive a 50% tax reduction for the following 2 years.

Import Tax Incentives:

Enterprises investing in industrial parks in Ba Ria – Vung Tau may be exempt from import duties on machinery, equipment, raw materials, and components used in production. This helps businesses reduce initial investment costs and increase competitiveness.

Value Added Tax (VAT) Incentives:

Products exported or products made from imported raw materials by businesses in industrial parks are exempt from VAT. This supports businesses in optimizing cash flow and improving profits.

Land Use Tax Exemption/Reduction:

Enterprises in industrial parks are exempt from or receive reductions in land use taxes for a certain period, especially for those investing in priority industries. This helps reduce land costs for investors, particularly in the early stages of projects.

Incentives for Priority Sectors:

Industries such as high-tech, export production, research and development (R&D), renewable energy, logistics, food processing, textiles, electronics, and precision mechanics will receive special tax incentives. These incentives not only help reduce operating costs but also create favorable conditions for long-term investment in Ba Ria – Vung Tau.

Thanks to flexible and attractive tax policies, Ba Ria – Vung Tau has become one of the ideal destinations for domestic and international investors, especially in industrial parks.

High-tech activities, high-tech industrial support products, and R&D.
Production of new materials, clean energy, renewable energy, and energy-saving products.
Manufacturing of electronic products, key machinery, automobiles, auto parts, and shipbuilding.
Production of prioritized industrial support products.
Production of information technology products, software, and digital content.
Aquaculture, processing of agricultural and seafood products, forest protection, and seafood harvesting.
Manufacturing of pharmaceuticals and medical equipment.
Production of goods and provision of services within value chains and industrial clusters.

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Outstanding Advantages of Renting Ba Ria – Vung Tau Industrial Parks

RSQUARE : Your Expert Real Estate Advisor

RSQUARE : Your Expert Real Estate Advisor