Chính Nghĩa Industrial Cluster – Hung Yen

Chính Nghĩa Industrial Cluster in Hưng Yên spans 75 hectares, with 55.62 hectares designated for factories and a minimum lot size of 0.5 ha (only one such lot remains; others start from 1 ha). Land prices start at USD 122/m² (excluding VAT), with raw land rent at 9,000 VND/m²/year and lease valid until 2074. Payment is staged: 25% deposit, 40% upon MoU, 30% on lease contract, and 5% on land handover. Infrastructure maintenance fee is USD 0.50/m²/month, and water operation fee is 3%. Utilities (electricity, clean water, and wastewater at USD 0.50/m³) follow government or supplier pricing. The site allows 70% construction density, building height up to 5 floors or 45m. Tax incentives vary by sector and may include 10% CIT for 15 years, 4-year tax exemption + 50% reduction for 9 years, or 17% CIT with 2-year exemption + 4-year reduction. New projects may also receive 2-year CIT exemption and 50% reduction for 4 years. Export processing enterprises are not permitted. The park targets advanced industries such as electronics, semiconductors, smart devices, biotech, AI, telecommunications, and logistics, and the site is ready for immediate development.