Quán Đỏ Industrial Cluster in Hưng Yên, developed by Stavian Industrial Park JSC, covers 65.35 hectares, with 35 hectares of leasable land. Plots start from 5,000 m², and the lease term lasts until 2074. The selling price ranges from USD 106–115/m² (excluding VAT), depending on plot location. Payment is split into four phases: 20% upon signing MoU, 50% upon signing the official contract, 25% upon land handover, and 5% after issuance of the Land Use Rights Certificate. Annual infrastructure and maintenance fee is USD 0.50/m².
Electricity is priced per EVN rates, water cost is based on the local provider, and wastewater treatment is USD 0.50/m³. Construction is permitted up to 70% density with a maximum building height of 5 floors. Land is paid upfront for the entire lease term.
Tax incentives include corporate income tax exemption from the first year of taxable income, 50% CIT reduction for the next 4 years, and import duty exemption for fixed assets. The site is ready for handover, and key target industries include electronics, mechanical parts, consumer goods, plastic packaging, garment processing, logistics, and agro-forestry and food processing.
