NAM DINH VU Industrial Park: An Overview for Foreign Investors

NAM DINH VU Industrial Park: An Overview for Foreign Investors

Monday, 01 Jan, 2024

For foreign investors considering Vietnam as a location for their manufacturing operations, Nam Dinh Vu Industrial Park, a flagship project by Sao Do Group, offers a compelling investment option. Located in the dynamic northern region of Vietnam, Nam Dinh Vu Industrial Park provides comprehensive infrastructure and strategic advantages tailored to meet diverse industrial needs. This article provides a fair, straightforward overview of what Nam Dinh Vu Industrial Park offers to potential investors.

 

1. Strategic Location and Connectivity

Nam Dinh Vu Industrial Park is strategically located in the Dinh Vu - Cat Hai Economic Zone in Hai Phong City, Northern Vietnam. This location provides excellent connectivity and access to key logistics and transportation networks, making it ideal for businesses looking to optimize their supply chain and distribution operations. Key location benefits include:

  • Hai Phong city center: 10Km

  • Lach Huyen international deep-sea port: 15 Km (In the future, we will invest in building a road connecting parallel to the Tan Vu – Lach Huyen Bridge to facilitate direct transportation from the industrial zone to Lach Huyen Port)

  • Ha Noi – Hai Phong express highway: 07 Km

  • Ha Noi Capital: 105 Km

  • Cat Bi international airport: 12 Km

  • Tan Vu – Lach Huyen bridge: 0 Km

 

These locations provide strategic access to both domestic and international markets. The proximity to deep-sea ports, international airports, and major highways makes DEEP C an attractive choice for businesses looking to optimize their supply chain and distribution networks

On the waterway, Nam Dinh Vu Industrial Park is located downstream of the Bach Dang River, connecting the main channel of the Hai Phong port system through the Trap canal and Ha Nam canal.On the railway, Nam Dinh Vu Industrial Park is 15 km far from the Hai Phong railway station. In the future, the Hai Phong – Hanoi – Lao Cai railway route to Kunming, China will be extended to the Dinh Vu – Cat Hai economic zone in which Nam Dinh Vu Industrial Park to be in the center.

 

2. Comprehensive Infrastructure and Facilities

Nam Dinh Vu Industrial Park provides fully developed industrial land for lease, with comprehensive infrastructure designed to support a wide range of industrial operations. Key facilities include:

  • Industrial Land: Ready for lease with complete utilities, including electricity, water, telecommunications, and a wastewater treatment system.

  • Logistics Support: The park’s proximity to major ports and highways facilitates efficient logistics and supply chain management.

  • Utilities and Services: Reliable power supply and water management systems, alongside modern telecommunications infrastructure, ensure smooth operations for businesses.

Investors should carefully consider their specific operational needs when evaluating the infrastructure at Nam Dinh Vu Industrial Park. While the park offers a solid foundation for manufacturing activities, it's crucial to assess whether the available facilities align with specific business requirements.

 

3. Investment Incentives and Support Services

Nam Dinh Vu Industrial Park offers several investment incentives designed to attract foreign businesses, including tax exemptions, reduced land lease rates, and streamlined administrative processes to facilitate business setup and operation.

However, it is essential for investors to thoroughly understand these incentives and how they compare with those offered by other industrial parks in Vietnam. A comprehensive evaluation of the total cost of investment, including any hidden costs, should be conducted to ensure these incentives provide genuine value.

 

4. Industry Focus and Sectoral Specialization

Nam Dinh Vu Industrial Park caters to a broad range of industries, including logistics, manufacturing, and supporting industries. This diversity allows for a robust industrial ecosystem that can support a variety of manufacturing and supply chain activities.

However, investors should consider the potential benefits and challenges of operating within a multi-industry environment. It is important to assess the competitive landscape, potential synergies, and any sectoral concentration risks that may impact business operations.

 

5. Governance and Ownership Structure

Nam Dinh Vu Industrial Park is a project by Sao Do Group, a reputable Vietnamese developer with a strong track record in industrial park development. The Group’s local expertise and understanding of Vietnam's regulatory environment provide a level of security and reliability for foreign investors.

However, investors are advised to evaluate the governance structures and management practices of Nam Dinh Vu Industrial Park to ensure they align with their strategic goals and risk appetite. Understanding the decision-making processes and any potential local nuances is critical for smooth business operations.

 

6. Proven Track Record and Development History

Nam Dinh Vu Industrial Park has established itself as a reputable industrial zone with a strong tenant base, including both multinational corporations and local enterprises. The park's development has been marked by steady growth and expansion, reflecting its ability to attract and retain diverse businesses.

Nevertheless, a proven track record is not a guarantee of future success. Investors should perform thorough due diligence to understand the specific market conditions and competitive dynamics that may affect their investment.

 

Partner with FIBIC for Comprehensive Investment Guidance

While Nam Dinh Vu Industrial Park presents a promising option for industrial investment in Vietnam, it is crucial to conduct comprehensive due diligence and explore all available alternatives. At FIBIC, we specialize in guiding foreign investors through Vietnam's industrial landscape, providing expert advice and thorough evaluations to ensure the best investment decision is made. Contact FIBIC today to learn more about how we can support your investment strategy in Vietnam.

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