dothuhien30502
120 posts
May 09, 2026
2:22 AM
|
Nam Dinh Vu Industrial Park: A Leading Gateway For Singaporean Investors In Northern Vietnam
Nam Dinh Vu Industrial Park (NDV IP) has affirmed its position as a strong magnet for foreign direct investment. Developed by Sao Do Group, this large-scale complex is highly sought after by global manufacturers, boasting a 90% occupancy rate in its developed areas. With over 450 hectares of land still available for future development, this presents a golden opportunity for international businesses looking to expand in Southeast Asia.
Multimodal Connectivity
Located in Hai Phong – a city consistently ranked among the top 5 localities attracting foreign direct investment (FDI) in Vietnam – the NDV IP Industrial Park boasts a particularly strategic location. The industrial park has an inland seaport capable of receiving 50,000 DWT vessels and is only 15km from the Lach Huyen International Deepwater Port, which can accommodate vessels up to 100,000 DWT.
Furthermore, the industrial park is situated in the heart of the northern road network, only 4km from the Hanoi-Hai Phong Expressway and 10km from Cat Bi International Airport. This multimodal network – encompassing sea, road, air, and future rail connections – ensures global distribution.
Multifunctional Industrial Park
Spanning a total area of ??1,329 hectares with an operational lifespan extending to 2059, NDV IP is designed as a comprehensive ecosystem. It is systematically divided into four functional zones: Industrial Zone (106.7 ha); Seaport and Logistics Zone (81.6 ha); Complex Zone (960 ha); Oil and Gas Zone (30 ha).
This ecosystem is strongly supported by on-site logistics facilities, including dry warehouses for lease, container yards, CFS, and cold storage, enabling businesses leasing space to operate efficiently and significantly reduce supply chain costs.
Investment Incentives
Located within the Dinh Vu – Cat Hai Economic Zone, with over 700 hectares designated under the Hai Phong Free Trade Zone (FTZ), Nam Dinh Vu Industrial Park offers a comprehensive and competitive incentive framework designed to optimize investment costs and enhance operational efficiency.
Corporate Income Tax (CIT) Incentives
- Projects in prioritized sectors, including high technology, automation, semiconductor manufacturing, renewable energy, logistics, and research & development, are eligible for a preferential corporate income tax rate of 10% for up to 30 years, along with a full tax exemption for the first 4 years and a 50% reduction of payable tax for the subsequent 9 years. Following the incentive period, a competitive tax rate of approximately 15% may apply in accordance with FTZ policies.
- Projects not classified under specially incentivized sectors are entitled to a preferential CIT rate of 10% for 15 years, together with a 4-year tax exemption and a 50% reduction of payable tax for the following 9 years. Upon expiry of the incentive period, a preferential rate of approximately 15% may apply under FTZ regulations.
(The standard corporate income tax rate is currently 20%.)
Additional Tax and Workforce Incentives
Investors within the Free Trade Zone benefit from a range of attractive policies, including:
- Full exemption of land and water surface lease fees payable to the State throughout the project lifecycle
- 50% reduction in personal income tax for highly skilled employees and foreign experts for up to 10 years
- Visa exemption and issuance of long-term temporary residence permits (up to 10 years) for foreign experts and their families
Non-Tariff Advantages
The FTZ framework provides significant operational cost efficiencies through:
- Application of 0% Value-Added Tax (VAT)
- Exemption from import and export duties in accordance with applicable regulations
- Administrative and Customs Facilitation
The FTZ regime is designed to streamline administrative procedures and enhance ease of doing business
Singapore's Growing Investment Trend in Vietnam
Vietnam continues to attract strong investment flows from Singapore as global supply chains shift toward Southeast Asia. Singapore has consistently been one of the largest foreign investors in Vietnam, reflecting a solid bilateral economic relationship and long-standing confidence in Vietnam's growth potential.
According to official figures, Vietnam attracted a total of over US$38.42 billion in registered FDI in 2025, maintaining strong growth momentum. Among the 90 countries and territories with newly licensed projects in Vietnam in 2025, Singapore emerged as the largest investor, with US$4.84 billion, accounting for 27.9% of the total newly registered capital. (1)
These figures demonstrate the strong and stable presence of Singaporean investors in Vietnam, particularly in industrial parks, manufacturing, real estate, and logistics. Amid the continued growth of Singaporean investment into Vietnam, NDV IP stands out as a highly attractive destination thanks to its proximity to key maritime routes, comprehensive infrastructure, and strong policy incentives. For Singaporean enterprises seeking to expand into Southeast Asia, Nam Dinh Vu Industrial Park offers a reliable platform for long-term growth, operational efficiency, and global market connectivity.
industrial land for lease northern vietnam
Source:
- Nam Dinh Vu Ip
- (1): VN Economy
|
