Located in Quy Nhon Dong Ward and spanning 293.25 hectares, the park is developed by Saigon-Nhon Hoi Industrial Park Joint Stock Company. It has so far attracted 61 projects with total registered capital of VND 39 trillion (approximately USD 1.53 billion), reaching an occupancy rate of 83%.
Since the beginning of 2025, Nhon Hoi Industrial Park (Zone A) has drawn seven new projects worth VND 26.128 trillion (USD 1.02 billion), equivalent to 70% of its annual target and surpassing the province’s goal for total registered investment. The park currently leads all industrial zones in Binh Dinh in both the number of new projects and total capital inflows.
The industrial park benefits from strategic connectivity, located near Quy Nhon Port and linked by major arterial roads to Phu Cat Airport and Dieu Tri Railway Station.
Its developer has completed comprehensive infrastructure, including asphalt internal roads and synchronized systems for electricity, telecommunications, water supply, drainage, lighting, and fire prevention, ensuring full operational capability for enterprises.
Investors enjoy preferential corporate income tax rates of 10% for the first 15 years (compared with the standard 20%), four years of tax exemption, and a 50% tax reduction for the following nine years.
They are also exempt from import duties on machinery, production-line vehicles, and construction materials not yet produced domestically or below quality standards.
Ms. Nguyen Thi Mai Thao, Deputy General Director of Saigon–Nhon Hoi Industrial Park JSC, said:
“We proactively connect with and welcome investors, provide all necessary information, and support them through every step, from project preparation to construction and recruitment.”
Among current tenants, Tan Dai Hung General Company Limited reported stable growth and job creation thanks to strong support from local authorities and the park’s developer.
Dai Thanh Aluminum Company Limited is constructing a 10-hectare factory for aluminum and steel furniture, with an annual capacity of 5,000 tons and total investment of VND 350 billion (USD 13.6 million). The project’s first phase is set for completion in late 2025, targeting an annual output of 2,000 tons.
Looking ahead, Ms. Thao said the company plans to expand investment promotion in developed markets and participate in provincial-level conferences to attract more domestic and international enterprises.
With its robust infrastructure, investor-friendly policies, and comprehensive support, Nhon Hoi Industrial Park (Zone A) is solidifying its status as a premier investment hub in central Vietnam.