Nam Dinh Vu Industrial Park (NDV IP) in Hai Phong is emerging as a prime destination for Chinese enterprises looking to expand their manufacturing operations and investment in Vietnam. With its strategic location, modern infrastructure, attractive tax incentives, and a strong presence of international investors, NDV IP offers a sustainable growth opportunity for businesses seeking to optimize costs and gain a competitive edge.


Strategic Location and Integrated Logistics System

Located within the Dinh Vu – Cat Hai Economic Zone, Nam Dinh Vu is one of northern Vietnam’s most critical industrial and logistics hubs. It is the only industrial park in Hai Phong with an international seaport inside its premises, providing businesses with direct access to global markets through Nam Dinh Vu Port. With a state-of-the-art container terminal and liquid cargo port, companies operating here can significantly reduce transportation costs, shorten delivery times, and enhance supply chain efficiency. As a result, Nam Dinh Vu is not just an industrial park but a fully integrated logistics center, offering a significant advantage to import-export businesses. (1)

Attractive Investment Incentives

One of the key factors drawing Chinese enterprises to Nam Dinh Vu is its outstanding tax incentives. Companies investing here benefit from a corporate income tax (CIT) rate of just 10% for the first 15 years—significantly lower than the standard 20%. Additionally, businesses enjoy a four-year CIT exemption from the first profitable year, followed by a 50% tax reduction for the next nine years. This helps ease financial burdens and boost profitability for investors. Moreover, Nam Dinh Vu offers land use fee exemptions, allowing businesses to optimize operational costs. Flexible land leasing policies and comprehensive support services enable investors to establish and scale their projects swiftly. (2)

Growing Presence of Chinese Investors

Nam Dinh Vu is becoming a preferred investment destination for Chinese enterprises, with several major companies already establishing operations here. Notable investors include Vietnam Precision Craft Component Technology Company Limited, which has committed $10 million to an industrial tools manufacturing facility. Finework International has also pledged $10 million for a mechanical components production project. Additionally, Autel Vietnam Co., Ltd. recently increased its investment by $58 million to expand its automotive diagnostics equipment production. The growing number of Chinese enterprises at Nam Dinh Vu not only highlights its favorable investment environment but also fosters a dynamic business community where companies can collaborate and thrive. (3)

Comprehensive Investor Support Services

Developed by the Sao Do Group, Nam Dinh Vu provides a full range of investment support services, helping businesses complete legal procedures quickly and begin operations without delay. The developer offers guidance throughout the investment registration, business licensing, land leasing, and factory construction processes. This streamlined support system helps companies save time, minimize legal risks, and focus on business growth. Beyond administrative assistance, Nam Dinh Vu features a well-developed service ecosystem, including banking facilities, logistics providers, labor supply networks, and synchronized infrastructure to ensure smooth operations for enterprises.

In conclusion, with its prime location, world-class logistics infrastructure, attractive tax benefits, and strong investor support, Nam Dinh Vu Industrial Park is becoming the top choice for Chinese enterprises seeking to expand in Vietnam. The increasing presence of Chinese investors underscores the park’s potential, paving the way for strategic collaborations and contributing to the region’s sustainable economic development.

Source:

  1. Vietnam Investment Review
  2. TTTFIC
  3. VnEconomy

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