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Le Minh Xuan 3 Industrial park (zone) locate in HCMC, Vietnam
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Le Minh Xuan 3 industrial park

Located in Ho Chi Minh City.

Le Minh Xuan 3 (311ha) locates in Ho Chi Minh City- the Vietnam’s leading economic center whose economy sees strong growth with number of high skilled labour. The total industrial area of 250ha is developed with high concentration of supporting industries and skillful workforce. Consequently, Le Minh Xuan III is among the best sites for factory establishment. In addition, the residential area of 80ha with the most comprehensive facilities is specially designed to supply the ideal living spaces and entertainment centers to experts and workers. 

Le Minh Xuan III IP’ strategic location is in between two key hotspots: Ho Chi Minh City itself, complete with its financial, scientific and human resources, and Mekong Delta, Vietnam's most productive region in agriculture and aquaculture. Its strategic location offers Le Minh Xuan III IP competitive advantages over the movement of goods by the link between the park and domestic & international markets.

Prioritizing the development of clean industries, advanced engineering, does not pollute the environment and in accordance with Decision No. 188 / QD-TTg dated 01/11/2011 of the Prime Minister on approving the "Plan City industrial development. Ho Chi Minh City by 2010, counting to 2020 ". Industries in the industrial zone is determined by the official number 2121/BQL-PQLXD dated 25/07/2013 of the Manager Board of the export processing zones and industrial cities attract oriented cleaning industry, advanced technology, which focuses on 04 key industries of the city, specifically as follows:

  • 01Food industry group: the production and processing of victuals, food (not semi-processed), manufacture of beverages.

  • 02Industry group of chemistry, pharmaceuticals (except basic chemicals) production of drugs and pharmaceuticals; manufacturing flavoring, cosmetics and toilet preparations.

  • 03Industry group of Power - Electronics - IT: Software production; electronic product manufacturing, telecommunications, computer and computer optical products, components and electrical equipment.

  • 04Mechanical industry group: precision engineering, manufacturing mechanics; manufacturing machinery and equipment, motor vehicles, means of transport; water sector components; products from prefabricated metal, metal processing (in which plating which is a stage in the production line).

In addition, Le Minh Xuan Industrial Zone 3 can arrange other industries and supporting industries, namely: manufacturing equipment, medical instruments; man-made fiber production, weaving and finishing of textile products (including dyeing is one stage in the production line), producing apparel and leather products (not leather); producing paper and paper products (no pulp producing); printing industry; producing products from rubber (not semi-processed latex) and plastic; manufacturing of tobacco products (according to industry planning); production of building materials (according to construction material industry) and glass products; manufacturing of jewelry, imitation jewelry; manufacturing of furniture, household appliances, sports equipment; repairing and maintenance of motorized equipment and other services sectors: banks, post offices, telecommunications, services, entertainment, restaurants, supply of materials, fuel and warehouse storage services for hire, logistics, and other services in accordance with the law allows.

Land rental

Lease term: until 2066

Infrastructure Using Fee (excl VAT): in accordance with the discussed price.

Minimum square: 5,000 m2

(Please contact us for more information: This email address is being protected from spambots. You need JavaScript enabled to view it. )

1 The income of enterprise from the implementation of new investment project in production (excluding projects making products subject to the excise tax and the mineral mining projects) should meet both criteria:

Project has scale of investment capital of at least VND 6 trillion (approximately $300 million) disbursed no later than 3 years after the issue of investment license.

Project has minimum total revenue of at least VND 10 trillion/year (approximately $500 million) OR ermploys over 3,000 employees (full-time labor contract) after 3 years at the latest since year of revenue.

  Tax incentive Tax exemption, reduction
  Tax rate Period Exempt Off 50%
Incentive rate 10% 15 years 4 years Next 9 years
Applying period At time enterprises get turnover At time enterprises earn profit

2 Newly established enterprises enjoy tax exemption and reduction as follow

  Tax rate Tax exemption, reduction
    Exemption Off 50%
Incentive rate 20% 2 years The next 4 years
Applying period Since enterprises get turnover At time enterprises earn profit
Note: After tax incentive period, the corporate income tax is currently at 20%.
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