Hoa Lac High-Tech Industrial Park is among top choices for foreign manufacturers seeking a strategic location in Hanoi. It is expected to become a miniature economic model of Vietnam in the future, a smart science and technology city: a place that attracts and provides conditions for the sustainable development of investors in research and development, education, startup incubation, innovation, technology transfer, and high-tech product manufacturing. Yet, there’s more to consider before making a decision, and understanding the finer details can be crucial to your success.

1. Project Overview

• Name of the project: Hoa Lac High-Tech Park – Ha Noi

• Location: Thang Long Avenue, Thach Hoa Commune, Thach That District, Hanoi

• Developer: Hoa Lac Hi-tech Park Development One-Member Limited Liability Company

• Area: 391 hectares

2. Key Advantages

• Prime Location: 

  Hoa Lac High-Tech Park is situated in Hoa Lac Satellite Town, west of Hanoi, spanning Quoc Oai and Thach That districts, Ha Noi City, Viet Nam.
  – 30 minutes away from Hanoi’s city center
  – Connected to Hanoi city center via Thang Long Avenue (6 lanes, high speed). A planned elevated railway connecting Hoa Lac High-Tech Park and Ha Noi city center is set to operate in 2026
  – Approximately 1-hour drive to Noi Bai International Airport
  – Convenient access to seaports: Easy access to Hai Phong International Port and Cai Lan Port with travel time between 1,5 to 2 hours
  – Close proximity to major industrial zones in northern Vietnam, with Hoa Lac being a central location surrounded by large industrial zones within a radius of approximately 100 km, facilitating research, development, production, and goods/services exchange

  - Bus system: Hanoi operates 03 bus routes (route numbers 74, 88, and 107) with a frequency of 15-20 minutes per trip, connecting to Hoa Lac High-Tech Park, with plans to increase frequency in the future.

   

• Focus on high-tech manufacturing: 

  – Biotechnology
  – Information Technology
  – New Materials Technology
  – Automation Technology
   

• Skilled Workforce: 

  Compare to many other industrial parks, due to location advantage, Hoa Lac High-Tech Park is an ideal environment to attract high-quality human resources, both domestic and international experts, to live, work, and develop, enhancing the internal capacity in science and technology, and becoming a destination for national brand inventions and innovations.

  Hoa Lac High-tech Park also has major universities that have invested in operating facilities.

•  Good Investment Incentive : 

  * Corporate Income Tax:

  - 10% preferential tax rate for 15 years for newly invested projects.
  - 10% preferential tax rate for a maximum of 30 years on income from new investment projects with capital scale of 4,000 billion VND or more.
  - 100% tax exemption for the first 4 years from the first year with taxable income, followed by a 50% reduction in tax for the next 9 years.
  In case there is no taxable income in the first 3 years from the first year with revenue, the tax exemption and reduction period will start from the 4th year.

  * Import Tax:

  - Goods imported to create fixed assets for the project are exempt from import tax.
  - Exemption from import tax for goods directly used in scientific research and technological development activities.
  - Exemption from import tax for a period of 5 years from the date of production for domestically unproduced raw materials, supplies, and components.

   

• Multi-Functional Zones inside the park

  - High-Tech Industrial Zone:  391 hectares

  - Education and Training Zone: 123,53 hectares

  - Research and Development Zone: 263,15 hectares

  - Software Zone: 55,93 hectares

  - Other Zones 

   

Partner with FIBIC for Comprehensive Investment Guidance

Although Hoa Lac industrial park may be a viable option for you, it is crucial to conduct thorough due diligence and reviewing all available alternatives in the market before making a decision. 

Other detailed factors such as rental price, land price appreciation; capacity of electricity supply, water supply, wastewater treatment; regulation for fire prevention and fighting; industrial park's road system; Telecommunications/Internet system and other utilities are also extremely important and need clarification from a trusted partner.

At FIBIC, Your Success is Important to Us, it is one of the core values of our business. 

Therefore, we don’t favour any project. With our local expertise and industry know-how, we assess and recommend the most suitable options to find the best solution for your needs, while safeguarding investors from potential risks, ensuring you make the best investment decisions.

Sometimes, a choice that seems perfect in theory may not align with the real needs of your business.

Contact us to discuss your investment needs further and make informed, confident decisions!