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$479 mln industrial hub planned for Hai Phong

snoop1130

By snoop1130
in Vietnam News

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snoop1130 Legendary Member

snoop1130

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chinhanhcangchuavehaiphong16-1-1179-7728-1639034186_680x408.jpg

Containers seen at Hai Phong Port. Photo courtesy of Hai Phong Port

 

Construction of a VND11 trillion ($479.2 million) non-tariff logistics and industrial hub in the northern city of Hai Phong is set to begin early next year.

 

The city has greenlighted Xuan Cau – Lach Huyen Investment JSC to construct the Lach Huyen hub, approved by the government in April.

 

The hub gives companies an incentive corporate income tax of 10 percent for 15 years since the first revenue against the standard 20 percent.

 

Full Story: https://e.vnexpress.net/news/business/economy/479-mln-industrial-hub-planned-for-hai-phong-4400730.html

 

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-- © Copyright VN Express 2021-12-09

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