The industrial park has competitive rents and an abundant workforce.

Location: Yen My District, Hung Yen Province, Vietnam
Brief introduction of Hung Yen province: Located in the key economic region: Hanoi - Hai Phong - Quang Ninh
Area: 926km2
Population: 1,269,000 people, of which 75% are of working age (in 2020)
Income per capita: 2000 USD/year (in 2018)
Universities, colleges, vocational colleges: 28 schools
Vocational training schools: 10 schools
Labor force aged 15 and over: 722,006 people, accounting for 57% of the province's population.

Corporate Income Tax (CIT)
Tax rate: Corporate income tax rate is 20%
Incentives on Tax Rates:
1. Tax exemption for the first 2 years
2. 50% reduction of tax payable in the next 4 years

Import tax on machinery and equipment
1. Exemption from import tax on goods to create fixed assets
2. Exemption from import tax on raw materials and supplies imported for the production of exports
3. Exemption from import duty on raw materials for production for 05 days from the beginning of production, if the enterprise invests in a project on the list of projects specially encouraged for investment

Tax on transferring profits abroad
Completely exempt from tax on transferring profits abroad

Value Added Tax (VAT)
Exemption from Value Added Tax on exported goods