MINH DUC INDUSTRIAL PARK

Province

Hung Yen

Occupancy rate

70%

Area

198 hectares

Lease Price

150 USD/m2

Minh Duc Industrial Park, established in 2007, has a strategic location with a convenient transportation system, easily connecting with neighboring provinces and cities.

Although located in Hung Yen province, the industrial park borders the capital Hanoi, creating ideal conditions for trading activities, transporting goods and attracting high-quality labor from the inner city and surrounding areas.

The advantages of geographical location and human resources have contributed to creating an attractive investment environment, helping businesses feel secure to develop sustainable production and business here.

Minh Duc Industrial Park – Hung Yen

Details

Industrial park name

Minh Duc Industrial Park – Hung Yen

Location

Minh Duc, My Hao, Hung Yen

Total area

198 hectares

Land rental price

150 USD/m2

Construction density

60%

Occupancy rate

70%

Infrastructure information

Electrical system

22KV, 35KV belongs to the national grid

Water system

20,000m3/day and night

Sewage system

2,500m3/day and night

Transportation system

* Central road: 34m + Main road: 24m + Branch road: 14m

1. Project overview and legal information

Minh Duc – Hung Yen Industrial Park was approved by the Prime Minister to be established under Decision No. 1107/QD-TTg dated August 21, 2006. The project has a planned scale of 198 hectares, of which 155 hectares is industrial land for lease to serve production development.

Minh Duc Industrial Park is located in Minh Duc, Bach Sam and Ngoc Lam communes, My Hao district, Hung Yen province – the central location of the Northern key economic region. With the advantage of being adjacent to National Highway 5, the industrial park has the ability to quickly connect to Hanoi, Hai Phong, Quang Ninh, and major seaports and airports. This not only helps to significantly save logistics costs for businesses, but also creates a strong driving force for the socio-economic development of the region.

Overview:

  • Name of industrial park: Minh Duc Industrial Park
  • Chinese name: 明德工业区
  • Planning area: 198 ha
  • Occupancy rate: 70%
  • Land use term: Until 2057
  • Location: Km33, National Highway 5, Minh Duc commune, My Hao district, Hung Yen province
  • Investor: VNT Infrastructure Development Investment Joint Stock Company
  • Total investment capital: Over 2,310 billion VND

Project overview and legal information of Minh Duc Industrial Park

2. Land rental cost in Minh Duc Industrial Park - Hung Yen

  • Land rental price: 150 USD/m2
    Industrial park management fee: 0.81 USD/m2/year. This fee is paid annually in the first month of the year.
  • Clean water usage fee: 0.67 USD/m3. The amount of clean water used is calculated according to the index recorded on the water meter.
  • Wastewater treatment fee: 0.75 USD/m3. The amount of wastewater is calculated at 80% of the amount of clean water actually used.
  • Electricity usage fee: according to the general regulations of the Vietnamese Government.
  • Normal hours: 1,853 VND/KWh
  • Off-peak hours: 1,210 VND/KWh
  • Peak hours: 3,383 VND/KWh

Land rental cost in Minh Duc Industrial Park – Hung Yen

3. Traffic connection of Minh Duc Industrial Park

Minh Duc Industrial Park is located along National Highway 5, the Hanoi – Hai Phong route. This is an important route connecting Hanoi with key economic provinces in the Northern region.

  • From Hanoi center: 30km (45 minutes)
  • From Noi Bai International Airport: 50km (60 minutes)
  • From Hai Phong port: 65km (65 minutes)
  • From Quang Ninh deep-water seaport: 100km (1 hour 40 minutes)
  • From Lac Dao station: 15km (20 minutes)

Traffic connection of Minh Duc Industrial Park

4. Minh Duc Industrial Park Infrastructure System

Minh Duc Industrial Park’s technical infrastructure – modern, synchronous and fully meeting production needs

Minh Duc Industrial Park is planned and built with a complete and synchronous technical infrastructure system according to urban standards, ensuring favorable conditions for businesses to operate stably and long-term:

  • Internal traffic:
    The traffic system is scientifically planned, with spacious roads, suitable for large trucks and continuous traffic. The main road is 34m wide, internal roads are from 18.5m24m, branch roads are 14m wide, meeting all transportation and logistics needs within the industrial park.
  • Electricity system:
    The industrial park is continuously supplied with electricity from the national grid through the 22KV and 35KV systems. The power supply network is connected along the roads, ensuring stable 24/7 supply to each factory through a separate transformer station system.
  • Water supply system:
    Clean water is supplied from three sources: local water plant, Hai Duong clean water plant and Minh Duc internal water plant, with a total capacity of up to 20,000 m³/day and night, ensuring continuous and safe production needs.
  • Wastewater treatment:
    The centralized wastewater treatment plant has a capacity of 5,000 m³/day and night, meeting type B standards before being discharged into the environment through the drainage system connected to the Sat River.
  • Waste and exhaust gas treatment:
    Solid waste is collected and transported to a centralized treatment facility in the area. Factories are required to install exhaust gas filtration systems to ensure strict compliance with national environmental standards.
  • Firefighting – Fire safety:
    Firefighting systems are arranged along main and branch roads, with a reasonable service radius. Near the industrial park, there is a fire police team (8km away), ensuring quick handling in case of an incident.
  • Information – telecommunications:
    Modern communication system including ADSL, fiber optic, IDD, flexible phone subscription according to business needs. Services are provided by Viettel, VNPT and major carriers.
  • Delivery – mail:
    Professional transportation and express delivery services from reputable companies such as VNPT, DHL, TDT Express, TNT, FedEx, serving every business.
  • Security system:
    The industrial park is protected 24/7 with a professional internal security team, closely coordinating with local police, ensuring a safe and secure working environment.

Minh Duc Industrial Park Infrastructure System

5. Orientation of Minh Duc Industrial Park

Minh Duc Industrial Park – Hung Yen plans a separate area to develop a system of convenient services to serve the lives of workers and experts, including: food court, commercial stores, medical center, kindergarten, and vocational training facility.

5.1. Attractive investment industries in Minh Duc Industrial Park

Currently, the Industrial Park has received over 31 large-scale domestic and foreign investment projects.

Electronics assembly

  • Phone, computer, tablet production
  • Electronic components production
  • Home appliance electronic equipment production

Machine manufacturing

  • Industrial machinery and equipment production
  • Agricultural machinery production
  • Construction machinery production

Automobile and motorbike manufacturing and assembly

  • Automobile and motorbike production
  • Automobile and motorbike components production

Warehouse for goods gathering, warehouse waiting for export

  • Logistics company
  • E-commerce company

Industry orientation to attract investment in Minh Duc Industrial Park

5.2. Why choose Minh Duc Industrial Park?

Minh Duc Industrial Park – Hung Yen stands out with many competitive advantages, creating a solid foundation for the sustainable development of investors:

  • Strategic location: Located at the eastern gateway of Hanoi Capital, Minh Duc Industrial Park has the ability to quickly connect with major economic centers such as Hanoi, Hai Phong, Quang Ninh and the system of seaports and airports. This is an ideal location to expand production, import and export and trade connection.
  • Modern and synchronous infrastructure: The industrial park is invested with a complete infrastructure system from internal traffic, electricity supply, water supply, wastewater treatment to communication, ensuring to fully meet the production and business needs of enterprises.
  • Human resource advantage: Hung Yen owns a young, abundant and skilled labor force. This is a favorable condition for enterprises in recruiting, training and stabilizing long-term personnel.

With the orientation of becoming a model industrial park in the Northern region, Minh Duc commits to providing a professional investment environment, comprehensive support services and sustainable development opportunities for domestic and international investors.

5.3 Đánh giá của AVA

  • Strategic connection location: Minh Duc Industrial Park is located along National Highway 5 – a vital traffic route connecting Hanoi Capital and Hai Phong International Seaport. Thanks to that, the transportation of goods by road, sea and air becomes convenient, helping businesses optimize logistics costs.
  • Human resource advantage: The industrial park is located in Hung Yen province – an area with a young, abundant and easily accessible workforce. In addition, with its location adjacent to Hanoi and Ha Nam, businesses can easily recruit staff at reasonable costs while still ensuring labor quality.
  • Sustainable value despite the short land use term: Although the land use term is no longer too long and the land rental price is somewhat higher than some other areas, Minh Duc Industrial Park still attracts investors thanks to its synchronous utility system, stable working environment and full support services, fully meeting production and business needs.

6. AVA – Leading Investment Consulting Unit

With many years of experience in the field of industrial real estate, AVA is proud to be a specialized and reliable consulting unit, accompanying many domestic and foreign investors. We commit to:

  • Understanding the market – Consulting on the right needs: With a solid knowledge base and practical experience, AVA always brings industrial real estate solutions that best suit the goals and budgets of each customer.
  • Optimizing the process – Saving time and costs: AVA team supports customers to complete all legal procedures quickly, build effective investment plans, minimize risks and maximize financial benefits.
  • Closed service – Comprehensive quality: AVA operates a “One-Stop Service” consulting model, accompanying throughout from survey, legal to post-investment. Carefulness and meticulousness in every step ensure satisfaction of even the most demanding customers.