Lao Bao Special Economic - Commercial Zone

Friday - 22/06/2018 03:47
1. Location of the Industrial Zone / Economic Zone: Huong Hoa District, Quang Tri Province
2. Scale of the Industrial Zone / Economic Zone: Lao Bao Special Economic - Commercial Zone is an area with defined geographic boundaries within the national territory and sovereignty having a separated economic and commercial space, including Lao Bao township, Khe Sanh town and the communes of Tan Thanh, Tan Long, Tan Lien, Tan Lap, Tan Hop of Huong Hoa District, Quang Tri Province.
- Land area: 15,804 ha.
3. General infrastructure of the Industrial Zone / Economic Zone:
The basic investment into completing the infrastructure of concentrated areas including ground, traffic, lighting, power supply system, water supply and drainage system, etc. has been ensuring the investment and business activities of enterprises.
4. Current operation satus There are 60 registered investment projects, with a total investment capital of 3,730 billion VND, the area of rented ​​industrial land is 1,756.16 ha. 
Of 60 projects: 52 projects have been put into operation; 08 projects are under construction. 
5. Distance to the nearest seaports 93km far from Cua Viet port, 214km far from Chan May port, 251km far from Da Nang port.
6. Active major investors Chaichareon Viet Thai Co., Ltd., (Super Horse Energy Drink), Camel Rubber Vietnam Co., Ltd.
7. Population of Neighborhoods (2015) (1) - Measured by radius distance from Industrial Zone/ Economic Zone: The population of Huong Hoa District was about 80,604. 
The population of Dakrong District was about 38,560.
8. Forms of land lease (Lease term and method of land rental payment). - Forms of land lease: Leasing land with the collection of land use levy.
- Lease term is 50 years; 
- Method of land rental payment: Annual or one - off payment for the whole project operation period.
9. Construction density (%) - Maximum construction density: 60%; 
- Minimum tree density: 20%; 
- Infrastructure and transportation: rest of land area.
10. The unit price for land lease(2) The unit price for land lease: 180,000 VND/m2/year x 0.75% x 01 time = 1,350 VND /m2/year
11. Other management fees in the Industrial Zone (annual): Infrastructure user fees: 10 million VND/ha/year. Applied since 2017.
12. Capacity of water supply for production and daily living (m3/24h) There are 02 water supply plants in Khe Sanh and Lao Bao township with the design capacity of 9,000 m3 / day.
13. The unit price of clean water for production and daily life (VND / m3 ) (3) + For material production activities: 12,500 VND / m3; 
+ For living activities: 7,200 VND / m3.
14. Power capacity Power supply system has been completed and stable. The 110 KV power grid ensures sufficiently the power demand of the plants’ operation.
15. The unit price of electricity for production (VND / kWh) (4) Routine hours: 1,518 VND / kWh; 
Low-demand hours: 983 VND / kWh; 
High-demand hours: 2,735 VND / kWh.
16. Capacity of wastewater treatment plant; Waste water treatment fee (USD / m3 ); Treatment conditions No wastewater treatment plant was built.
17. Preferential policies for investors (enterprise income tax ([i] ), land rental ( [ii] ) (7), import tax (), personal income tax (9) , provincial support policies (10 )
1. Enterprise income tax: 
The enterprise income tax rate is 10% for a period of 15 years. The duration of preferential 
tax rate application is continuously counted from the first year when enterprise starts to generate income from new investment project.  
It is tax - free for 4 years and 50% tax reduction in the next 9 years for the income from new investment projects. The duration of tax exemption and reduction is continuously calculated from the first year of generating taxable income from new investment projects with tax incentives. In the case of having no taxable income for the first three years from the first year of generating income from new investment projects, the tax exemption and reduction duration will be calculated from the fourth year. 

2. Incentives on land rental:
- Land rental shall be exempted for the capital construction period which must not exceed 3 years counting from the date of issuance of the land lease decision of a competent state agency. 
After the period of capital construction during which land rental is exempted, land rental shall be further exempted as follow:
- For 15 years, for investment projects outside the list of sectors eligible for investment incentives.
- For 19 years, for projects on the list of sectors eligible for investment incentives.
- For projects not included in the List of investment incentive sectors, the exemption of land rental will be applied for 15 years after general construction period with land rental exemption. 

- Land rental shall be exempted for the entire lease period for investment projects on the list of sectors eligible for special investment incentives (except investment for construction and commercial operation of infrastructure in functional sub-zones in economic zones).
3. Import  and export tax: 
Import tax exemption is applied for goods imported to create fixed assets, including: 
- Machinery, equipment; components, details, knocked-down parts and spare parts for assembly in complete sets or used in synchronization with machinery and equipment; materials and supplies used for the manufacture of machinery, equipment or for the manufacture of components, details, knocked - down parts and spare parts of machinery and equipment; 
- Means of transport used exclusively in technological lines for direct use in production activities of the project; 
- Construction materials cannot be produced domestically. 
4. Personal income tax
To reduce by 50% of taxable income for taxpayers, including both Vietnamese and foreign employees in economic zones. 
5. Vocational training support: 
Projects hiring over 50 laborers or over 30 female laborers or laborers from ethnic minorities hired in Quang Tri and having labor contracts and social insurance contributions will be provided with a one-time training fee of 1,000,000 VND per laborer for primary vocational training and 3,000,000 VND per laborer for intermediate vocational training or laborer at least using modern technology.
18. Health insurance, social insurance, unemployment insurance policy (11) Total contributions are 34.5%, including: 
- Social insurance accounting for 26%: Employers pay 18%, employees pay 8%. 
- Health insurance accounting for 4.5%: Employers pay 3.5%, employees pay 1%. 
- Unemployment Insurance accounting for 2%: Employers pay 1%, employees pay 1%. 
- Trade Union's dues accounting for 2%: Employers fully pay.

Quang Tri Department of Planning and Investment
34 Hung Vuong Street, Dong Ha District, Quang Tri
Tel: (+84) 0233 3852 529
Fax: (+84) 0233 3851 760

Quang Tri Economic Zone Administration
91 Le Duan, Dong Ha, Quang Tri
Tel: (+84) 0233 3609 300
Fax: (+84) 0233 3851 743

Ongoing Projects in Lao Bao Special Economic - Commercial Zone:

1. Super Horse Energy drinks Factory
- Investor: Chaichareon Viet Thai Co.,Ltd
- Target: 60 million energy drink cans and 15 million liters of pure water per year
- Area: 31,676 m2
- Capital investment : 137,800,000,000 VND 
2. Khe Sanh Coffee Processing Factory
- Investor: Khe Sanh Rubber Joint Stock Company
- Target: Producing and processing coffee powder, instant coffee
- Area: 36,056 m2
- Capital investment:  VND
3. Huong Hoa Tunnel Brick Factory
- Investor: Construction Material Enterprise No. 5 of Bach Dang Construction and Interior Decoration Company
- Target: Constructing the tunnel kiln for brick drying with the capacity of 10 million bricks per year
- Area: 19,893 m2
- Capital investment:  VND
4. Lao Bao Export Garment Enterprise
- Investor: Quang Tri Garment and Trading Joint Stock Company
- Target: Processing garments for export
- Area: 11,370 m2
- Investment capital: 11,280,000,000 VND
5. Lao Bao Water Supply Plant
- Investor: Quang Tri Water Supply and Drainage Company
- Target: Supplying water for production and daily life
- Area: 220 m2
- Investment capital: 165,480,000,000 VND
6. Building Trade Promotion Center (Sepon Hotel)
- Investor: Quang Tri Trading Company
- Target: Sepon Hotel
- Area: 2,262 m2
- Investment capital: 8,056,000,000 VND
7. Tire Factory
- Investor: Camel Vietnam Rubber Co., Ltd
- Target: Producing tubes and tires of motorcycles with the scale of 4,500,000 tires and 9,000,000 tubes per year
- Area: 39,000 m2
- Investment capital: 109,622,800,000 VND
8. Lao Bao 110KV Transformer Station
- Investor: Electricity of Vietnam
- Target: Voltage of 110/35/22KV; Capacity of 2 x 25MVA
- Area: 9,100 m2
- Investment capital: 33,185,228,000 VND
9. Thai Hoa - Quang Tri Co., Ltd
- Investor: Processing Coffee Beans for Export Factory;
- Capacity: 9,600 tons / year
- Area: 16,300 m2
- Investment capital: 45,000,000,000 VND
10. Automobile - Equipment and spare parts Supply Center
- Investor: Minh Hung Co., Ltd
- Target: Displaying, introducing, trading, warranting and maintaining automoblies, motorbikes, machinery, spare parts
- Area: 3,150m2
- Investment capital: 11,700,000,000 VND
11. Bao Son Hotel
- : Viet Nam Tourism and Trading Promotion Joint Stock Company
- Target: Building 36 bedrooms, 08 massage rooms, 04 karaoke rooms; providing beverage service, hairdressing services
- Area: 5,527m2
- Investment capital: 6,400,000,000 VND
12. Bao Ngoc Hotel
- Investor: Bao Phat Single - member Limited Liability Company
- Target: Building16 rooms, restaurants, cafeteria, tennis court, playground for children
- Area: 4,095 m2
- Investment capital: 19,549,831,000 VND
13. Post and Telecommunication Center of Lao Bao Commercial Zone
- Investor: Quang Tri Post Office
- Target: The Post and Telecommunication Center of Lao Bao Commercial Zone
- Area: 1,542 m2
- Investment capital: 2,800,000,000 VND
14. China Trade Zone
- Investor: Thai Duong - Lao Bao Trading Development Co., Ltd
- Target: To build a commercial center for sale, lease or hire purchase land – attached assets
- Area: 42,400 m2
- Investment capital: 100,678,500,000 VND
15. La La Hydropower Project
- Investor: Mai Linh Energy JSC
- Target: Installing capacity of 3000KW; Average power of 12,140,000 KWh / year
- Area: 240,064 m2
- Investment capital: 60,007,386,000 VND
16. Southeast Asia Trade Center
- Investor: Hiep Thanh - Lao Bao Investment Joint Stock Company
- Target: To invest in building a Commercial Center
- Area: 10,364 m2
- Investment capital: 39,468,000,000 VND
17. Ha Rao Quan Hydropower - Quang Tri Province
- Investor: Song Cau Joint Stock Company
- Target: Generating Hydropower with the capacity of 6 MW
- Area: 640,000 m2
- Investment capital: 120,034,000,000 VND
18. AQVN Seafood and Sports Services Center
- Investor: AQVN Single - member Limited Liability Company
- Target: To build a seafood supply center, a general sports services area and 02 football fields
- Area: 5,770 m2
- Investment capital: 14,732,000,000 VND
19. Construction of Lao Bao Electromechanical Plant
- Investor: Lao Bao Mechanical Joint Stock Company
- Target: Manufacturing mechanical components for civil and industrial construction; manufacturing and erecting prefabricated houses of steel structure
- Area: 5,377 m2
- Investment capital: 10,000,000,000 VND
20. Laos - Thailand Trade Center
- : Quang Tri Trading Corporation
- : To build a supermarket of coomodities imported from Laos and Thailand and Specialized warehouses
- Area: 3,633 m2
- Investment capital: 6,400,000,000 VND
21. Lang Vay Trading and Services Center
- Investor: Quang Tri Trading Corporation
- Target: Trading, importing and exporting, transporting goods; repairing means of transport; leasing warehouses, providing Logistics services
- Area: 7,340 m2
- Investment capital: 5,553,000,000 VND
22. Thai Ninh Hotel
- Investor: Khe Sanh Construction Co., Ltd
- Target: To build a 3 - star hotel with 39 bedrooms and 09 rooms of restaurant, sauna and massage services.
- Area: 2,761 m2
- Investment capital: 29,239,977,000 VND
23. Mai Linh Lao Bao Stop
- Investor: Duc Nhan - Lao Bao Single - member Limited Liability Company
- Target: Providing food and beverage, purchasing; Passenger and cargo transportation services; Building a Type 3 Petrol station.
- Area: 25,193 m2
- Investment capital: 25,500,000,000 VND
24. Dao Hung Hotel
- Investor: Dao Hung Co., Ltd
- Target: Building a hotel with 46 bedrooms, restaurant; 08 sauna & massage rooms and 02 karaoke rooms.
- Area: 3,162 m2
- Investment capital: 30,000,000,000 VND
25. Lao Bao Transaction Office of VietinBank Quang Tri
- Investor: Vietnam Joint Stock Commercial Bank for Industry and Trade
- Target: Building the Transaction Office and Vaultbank in Lao Bao.
- Area: 1,742 m2
- Investment capital: 6,674,685,000 VND
26. The Operation Center of electricity grids and electric telecommunication in Lao Bao
- Investor: The Vietnam Electricity in Quang Tri
- Target: To cater for electricity production and trading and public telecommunication services (EVN-Telecom)
- Area: 3,721 m2
- Investment capital: 3,500,000,000 VND
27. Tam Tho Showroom
- Investor: Tam Tho Co., Ltd
- Target: Trading, importing and exporting agricultural and forestry machinery and equipment, automobiles, spare parts for motor vehicles
- Area: 2,573 m2
- Investment capital: 10,000,000,000 VND
28. Constructing East - West Corridor – Lang Vay Services Station
- Investor: The Petrolimex Quang Tri
- Target: Petrol station
- Area: 8,765 m2
- Investment capital: 7,500,000,000 VND
29. Irrigation and hydropower projects in Quang Tri
- Investor: Quang Tri Hydropower Company – The Vietnam Electricity
- Target: Producing and trading electricity; managing, operating, maintaining and upgrading equipment of hydropower plant
- Area: 1,141,153 m2
- Investment capital: 1,726,227,440,000 VND
30. The Bank for Agriculture and Rural Development - Branch Lao Bao
- Investor: Bank for Agriculture and Rural Development – Branch Quang Tri
- Target: Building the working office and vault of the AgriBank – Branch Lao Bao with the scale of 3 floors, floor area of 800 m2, building area of 267 m2, construction work class 3.
- Area: 1,970 m2
- Investment capital: 2,541,000,000 VND
31. Huong Sen coffee shop
- Client: Huong Sen Single - member Limited Liability Company
- Target: Selling coffee and beverages.
- Area: 1,000 m2
- Investment capital: 1,200,000,000 VND
32. Hao Quang Trading
- Investor: Hao Quang Single - member Limited Liability Company
- Target: Displaying, introducing, distributing commodities (in forms of wholesale and retail)
- Area: 3,368 m2
- Investment capital: 7,000,000,000 VND
33. Mukdahan Thailand Supermarket
- Investor: Chokchai Mukdahan Single - member Limited Liability Company - Vietnam
- Target: Building supermarket; conferences and weddings restaurant; buying and selling motorcycles and providing repair and warranty services
- Area: 10,187 m2
- Investment capital: 56,400,000,000 VND
34. Bac Hai Woods Factory
- Owner: Truong Tan Phat Single - member Limited Liability Company
- Target: Processing woods for producing furniture and construction. The factory’s capacity is 3,200 m3 / year
- Area: 23,737 m2
- Investment capital: 45,000,000,000 VND
35. Dinh Hung Showroom and General Business
- Investor: Dinh Hung Single - member Limited Liability Company
- Target: To invest in showroom displaying and trading civil products
- Area: 2,037 m2
- Investment capital: 8,292,540,000 VND
36. The TSK shopping center
- Investor: TSK Single - member Limited Liability Company
- Target: Introducing and trading goods.
- Area: 12,086 m2
- Investment capital: 20,640,679,000 VND
37. Lao Bao diaper and paper manufacturing plant
- Investor: Nui Rong Joint Stock Company
- Target: 30 million diapers per year; 50.4 million toilet rolls per year; 100.8 million pieces of sanitary napkins per year
- Area: 8,246 m2
- Investment capital: 57,169,000,000 VND
38. Thuy Khuyen Furniture and Electromechanical Center
- Investor: Thuy Khuyen Private Enterprise
- Target: Displaying, introducing and selling furniture, domestic and electromechanics items
- Area: 5,357 m2
- Investment capital: 11,000,000,000 VND
39. Duc Quang Center
- Investor: Duc Quang Single - member Limited Liability Company
- Target: Investing in showroom and trading general commodities: construction materials, electrical and electronic equipment, home appliances
- Area: 4,281 m2
- Investment capital: 10,863,000,000 VND
40. Hao Quang Center
- Investor: Hao Quang Single - member Limited Liability Company
- Target: Investing in showroom and trading general commodities, conferences and weddings center
- Area: 5,299 m2
- Investment capital: 10,700,000,000 VND
41. Phung Thinh Center
- Investor: Phung Thinh Single - member Limited Liability Company
- Target: Investing in showroom and trading general commodities, general sports services with 03 mini soccer fields
- Area: 5,991 m2
- Investment capital: 14,764,000,000 VND
42. Asian Dragon Center
- Investor: Asia Dragon Single - member Limited Liability Company
- Target: Investing in showroom and trading general commodities: alcohol, beer, soft drinks, electrical appliances
- Area: 4,920 m2
- Investment capital: 11,375,000,000 VND
43. Tam Hien Phat Center
- Investor: Tam Hien Phat Single - member Limited Liability Company
- Target: To invest in construction works for commercial activities
- Area: 5,998 m2
- Investment capital: 14,533,000,000 VND
44. Tuan Vu Agro – Forestry products import – export Center
- Investor: Truong Tuan Vu Single - member Limited Liability Company
- Target: Importing and exporting agricultural and forestry products; Reaching the output of Glutinous rice of 3,500 tons per year; the output of woods of 3.2 thousand cubic meters per year
- Area: 5,098 m2
- Investment capital: 16,000,000,000 VND
45. Hong Binh construction materials and interior decoration Store
- Investor: Hong Binh Single - member Limited Liability Company
- Target: To invest in the store of construction materials and interior decoration
- Area: 5,016 m2
- Investment capital: 17,061,000,000 VND
46. Phuoc Thanh wood processing plant
- Investor: Phuoc Thanh Co., Ltd
- Target: To invest in wood processing plant with the capacity of 7,000 wood items of various types per year
- Area: 8,502 m2
- Investment capital: 24,600,000,000 VND
47. Ha Minh electronics, refrigeration and electrical equipment Center
- Investor: Ha Minh Single - member Limited Liability Company
- Target: Investing in the Ha Minh electronics, refrigeration and electrical equipment Center
- Area: 4,183 m2
- Investment capital: 9,405,000,000 VND
48. My Anh agricultural products processing and preserving Plant
- Investor: My Anh - Khe Sanh Co., Ltd
- Target: The banana products processing and preserving plant with the capacity of 27,000 - 36,000 tons per year
- Area: 19,000 m2
- Investment capital: 31,800,000,000 VND
49. Lao Bao Cashew Processing Plant
- Investor: Lao Bao Electronics Co., Ltd
- Target: To invest in the Cashew processing Plant with the capacity of 875 tons per year
- Area: 10,395 m2
- Investment capital: 35,000,000,000 VND
50. Quoc Doai mechanical and household appliances manufacturing plant
- Investor: Quoc Doai Phat Single - member Limited Liability Company
- Target: Manufacturing and processing mechanical and household appliances; the plant’s capacity is 960 tons of products per year
- Area: 4,747 m2
- Investment capital: 14,821,000,000 VND
51. Planting and developing macadamia trees in Huong Hoa District
- Investor: My Anh - Khe Sanh Co., Ltd
- Target: Planting and developing macadamia trees, tree nursery and other crops using high technology.
- Area: 15,000,000 m2
- Investment capital: 111,000,000,000 VND
52. Huy An Minimart
- Investor: Huy An Quang Tri Single - member Limited Liability Company
- Target: To build a minimart for wholesale and retail of general goods; to provide catering service.
- Area: 2,296 m2
- Investment capital: 12,000,000,000 VND

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