Viglacera and keo bong da truc tiep Responsibility of Driving a Strategic Industrial Growth Pole in Lao Cai
In keo bong da truc tiep Master Plan for keo bong da truc tiep Midlands and Northern Mountainous Region for keo bong da truc tiep 2021–2030 period, with a vision to 2050, approved by keo bong da truc tiep Prime Minister under Decision No. 369/QD-TTg (issued on May 4, 2024), Lao Cai was identified as one of six key industrial growth poles of keo bong da truc tiep Region.
On November 20, 2024, Deputy Prime Minister Tran Hong Ha signed Decision No. 1438/QD-TTg on keo bong da truc tiep investment policy of keo bong da truc tiep project Investment in construction and business of infrastructure of Tran Yen Industrial Park – Phase 1, Yen Bai Province (now Lao Cai Province). keo bong da truc tiep project has a total investment capital of about VND 2,184 billion, of which keo bong da truc tiep investor’s contributed capital is VND 327.65 billion. In this Decision, keo bong da truc tiep Government officially assigned Viglacera Corporation – JSC as keo bong da truc tiep investor of Tran Yen Industrial Park Phase 1.
This trust is based on Viglacera being keo bong da truc tiep leading industrial park developer in Vietnam with nearly 27 years of experience. Viglacera has successfully implemented 17 industrial parks domestically and abroad. These industrial parks have attracted more than 400 investors with a total investment of about USD 20 billion with major investors such as Samsung, Orion, Canon, Hyosung, Amkor... creating jobs for over 100,000 workers and generating large export values contributing to national export turnover.
Accordingly, Tran Yen Industrial Park Phase 1, with a scale of 254.59 hectares, is expected to soon become a strategic industrial growth pole of keo bong da truc tiep Region thanks to its favorable geographical location and synchronous infrastructure to be invested by an enterprise with strong potential and extensive experience.
Strategic location highlight and breakthrough transport system
Tran Yen Industrial Park Phase 1 is located in Lao Cai Province, a key industrial center serving as Vietnam’s strategic trade gateway with China, whereby keo bong da truc tiep transport system has received increasing investment.
keo bong da truc tiep industrial park is located near keo bong da truc tiep IC12 interchange of keo bong da truc tiep Noi Bai – Lao Cai Expressway, enabling rapid connection to electronic, semiconductor, and automobile manufacturing hubs in keo bong da truc tiep industrial parks of Phu Tho, Bac Ninh, and Ha Noi.
A particularly significant advantage is keo bong da truc tiep Lao Cai – Ha Noi – Hai Phong high-speed railway project, expected to commence in 2025 and be completed in 2030. This railway runs right next to Tran Yen Industrial Park, creating a breakthrough in interregional and international connectivity.
keo bong da truc tiep high-speed railway, with speeds of up to 160 km/h, helps shorten travel times. Specifically, from Tran Yen Industrial Park to Lao Cai Border Gate is about 1 hour 10 minutes; 50 minutes to Noi Bai Airport; 60 minutes to Ha Noi and 1 hour 50 minutes to Hai Phong Port. Travel time to supply chains in Bac Ninh and Hung Yen is reduced to 1 hour 15 minutes instead of 2 to 2 hours 15 minutes by road.
This railway also connects directly to China’s railway network at Lao Cai Border Gate, promoting cross-border trade and opening an intercontinental transport route from East Asia, through Central Asia to Europe, unlocking huge potential for international trade and transcontinental logistics.
Modern technical infrastructure and synchronized services
Tran Yen Industrial Park – Phase 1 will continue to be one of Viglacera’s standard industrial parks in terms of modern technical infrastructure investment and synchronized services, fully meeting investors’ needs:
Power supply: Electricity is supplied from keo bong da truc tiep national grid through a 110/22 kV transformer station with a capacity of 2x63 MVA.
Water supply: Water supply station with a capacity of 15,000 m³ per day-night.
Wastewater treatment: Wastewater treatment plant with a capacity of 8,300 m³ per day-night. Separate stormwater and wastewater drainage systems.
Fire protection system is arranged along keo bong da truc tiep roads. keo bong da truc tiep distance between hydrants is 120–150m.
Internal traffic: Internal roads are built in a grid pattern, with a minimum roadway width of 10.5m and sidewalks from 8–10m.
In addition, keo bong da truc tiep industrial park has good geological conditions (hilly soil), helping to save construction costs.
Attractive investor incentive policies: Closely following current preferential policies as well as keo bong da truc tiep Province’s investment policies, keo bong da truc tiep Project Investor – Viglacera Corporation – has provided investors with a series of attractive incentives for investors and high-quality labor resources, including:
Corporate income tax: 0% in keo bong da truc tiep first 2 years, 8.5% in keo bong da truc tiep next 4 years, 17% in keo bong da truc tiep first 10 years, and 20% thereafter.
Import tax: Exemption for many types of goods such as machinery and equipment for creating fixed assets; goods produced for export, processing; and raw materials, supplies, and components for producing high-tech products.
On human resources: In addition to Lao Cai having abundant natural resources, it is also home to a plentiful labor force, with 924,327 people from Lao Cai Province and 3.8 million from neighboring provinces. keo bong da truc tiep minimum wage in this area is Zone III, at VND 3,860,000/person/month (equivalent to USD 148).
Strengths of industrial parks under keo bong da truc tiep Viglacera brand
In addition to keo bong da truc tiep above advantages, Tran Yen Industrial Park Phase 1 will also benefit from keo bong da truc tiep common strengths that any industrial park under keo bong da truc tiep Viglacera brand follows, such as: always having clean land available for immediate factory construction; housing for experts and workers located right next to keo bong da truc tiep industrial park. Regarding technical infrastructure, it will benefit from keo bong da truc tiep research results that Viglacera has seriously invested in developing industrial parks under green and smart criteria.
It is known that Viglacera Corporation hopes that in keo bong da truc tiep near future keo bong da truc tiep province will continue to have mechanisms to support keo bong da truc tiep development of satellite urban areas to provide housing for workers in keo bong da truc tiep industrial park.
Viglacera also provides a “one-stop” service to support businesses throughout keo bong da truc tiep investment process, from business registration to factory construction.
With keo bong da truc tiep combination of strategic location, modern infrastructure, preferential policies, and abundant human resources, Tran Yen Industrial Park Phase 1 of Viglacera will be an ideal destination for domestic and foreign investors, contributing to sustainable economic development for keo bong da truc tiep region and keo bong da truc tiep whole country. When operational, Tran Yen Industrial Park Phase 1 is expected to create 15,000 jobs and contribute VND 1,500 billion to keo bong da truc tiep budget annually.
For more information, please contact:
Viglacera Real Estate Business Company2nd Floor, Viglacera Building, No. 1 Thang Long Avenue, Dai Mo Ward, Ha NoiPhone: (+84) 888 25 22 88 | Website:
