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Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA)
*** HEPZA (Ho Chi Minh City Export Processing and Industrial Zones Authority) was established under a policy of the Government to establish a new economic model to implement the renovation and open door policies of the 6th Congress of the CPV (1986) for industrialization and modernization.
    1.1. Overview:

 HEPZA (Ho Chi Minh City Export Processing and Industrial Zones Authority) was established under a policy of the Government to establish a new economic model to implement the renovation and open door policies of the 6th Congress of the CPV (1986) for industrialization and modernization.

Until 2010, under the authority of HEPZA, there have been more than 15 industrial zones and export processing zones, with over 900 enterprises and 170,000 workers. Until 2020, the City would be home to more than 22 industrial zones and export processing zones.

 

1.2.  Investment Incentives

  • Exemption from import tax on equipment, machinery, special-use vehicles as part of the fixed assets of the enterprise; materials, accessories for export production; constructional material which have not been produced yet in Vietnam
  • Exemption from export tax on export products.
  • Applicable VAT rates are 0%, 5% and 10%. The 0% rate applies to export of goods and certain services, including sales to EPZs.
  • Tax rate:
    • 25 % applied for enterprises operating in EPZ&IZ excluding enterprises applied the incentive tax rate.
    • 10% for 15 year period, exemption 4 years and reduction for 9 consecutive years applied for new enterprises established to conduct projects in the following sectors:
      • Manufacturing software products.
      • High technology in accordance with the provisions of the law, scientific research and technology development;
      • Investing in development of water plants, hydroelectric plants, water supply and drainage systems; bridges, roads, railroads, airports, seaports, river ports, stations and other important infrastructure projects determined by the Prime Minister

 

1.3.  Preferential industries and services to attract investment until 2015

 

Mechanical manufacturing:

-          To manufacture and assemble,

-          To manufacture ship, machinery for agriculture and processing industry

-          To manufacture machine-tool, electric equipment, engineering- electronics, industrial robots

Electronics and IT:

-          To manufacture accessories, parts, industrial electronic products

-          To manufacture computer, telecommunication equipment

-          To manufacture software

-          Research and development

-          Human resource training

Processing Foodstuff

Chemicals industry:

-          To manufacture pharmaceutical products, medicinal herbs, medicine.

-          To manufacture chemical products for plastic industry, high-technical rubber products

 

1.4.  Investment Process

One–stop procedure

 

Contacts:

Procedure / documents

Step 1

 

EPZ or IZ’s Infrastructure Developing Company

Find available land/factories in EPZs and IZs and discuss land lease.

 

Step 2

HEPZA's Investment Department                        

Register for investment certificates

Step 3

HEPZA's Investment Department

Publish  an announcement of establishment (Publish on three consecutively issues of a newspaper)

 

HCMC Police Department (PC 13)

Register enterprise seal/contact

 

 

Complete legal procedures: Register the list of key executives (if any)

 

The Branch of HCMC State Bank – Department of Foreign Currencies

Open a bank account

 

 

HCMC Tax Department

Register for enterprise tax code

 

Industry and Information Service Center of HEPZA

Visas for foreigners working in IZs and EPZs

Immigration: Apply for visas and extended visas

 

Local Police Station

Register for temporary residence for foreigners in EPZs and IZs

Step 4

EPZ and IZ Infrastructure Developing Companies

Sign land lease contract or rent/purchase factory contract

Step 5

Environment And Construction Management Department of HEPZA

Build/rent factories 

Step 6         

HEPZA Job Center

Recruit labor 

(Source: HEPZA, 2010)

                       

                       

1.5. Land rates:

 

NO.

IZs/EPZs

Area (ha)

Leased land rate

Land lease price (for reference)

1

Tan Thuận EPZ

300

95.40%

168 – 200 USD/m2/lease period

2

Linh Trung 1 EPZ

62

100%

-

3

Linh Trung 2 EPZ

61.7

100%

-

4

Tân Tạo IZ (phase 1 & phase 2)

373,3

94%

210 – 250 USD/m2/lease period

5

Tân Bình IZ

130

100%

-

6

Lê Minh Xuân IZ

100

95.04%

80 – 150 USD/m2/lease period

7

Vĩnh Lộc IZ

203

88.04%

200 USD/m2/lease period

8

Tân Thới Hiệp IZ

28

100%

-

9

Tây Bắc Củ Chi IZ

208

100%

-

10

Bình Chiểu IZ

27.34

100%

-

11

Hiệp Phước IZ (phase 1)

311.4

100%

-

12

Hiệp Phước IZ (phase 2)

597

0%

110 USD/m2/lease period

13

Cát Lái II IZ

124

100%

-

14

Phong Phú IZ

148.4

0%

-

15

Tân Phú Trung IZ

542.64

24%

80 USD/m2/lease period

16

Đông Nam IZ

283

0%

55 USD/m2/lease period

 

(Source: HEPZA, 2010)

 

1.6. Useful contacts:

Ho Chi Minh City EPZs & IZs Authority (HEPZA)

Address               : 35 Nguyen Binh Khiem Da Kao Ward, District 1, Ho Chi Minh City

Tel                       :  (84.8) 3829 0405

Fax                      :  (84.8) 3829 4271

Email                   : www.hepza.gov.vn

Website               : office@hepza.gov.vn

 

HEPZA Information and Industrial Service Center

Address               : 35 Nguyen Binh Khiem Da Kao Ward, District 1, Ho Chi Minh City

Tel                       : 84-8-39101053, 84-8-22100264, 84-8-22100265  

Fax                      : 84-8-38294268

E-mail                  : iisc.hepza@gmail.com          

Website               : www.hcmizones.org.vn

 

HEPZA Business Association

Email                   : hba@hcm.vnn.vn

Address               : 35 Nguyen Binh Khiem Da Kao Ward, District 1, Ho Chi Minh City

Tel                       : 84-8-38290414, 84-8-38290405,

Fax                      : 84-8-38294271

Email                   : office@hepza.gov.vn

Website               : http://www.hepza.gov.vn

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