VSIP Quang Ngai

• Land Development

VSIP Quang Ngai sits in the coastal region of Vietnam’s Central Economic Corridor. Its central location makes it an ideal distribution point to the north and south of Vietnam. Developments in this region are positioned to enjoy the benefits from the East-West Economic Corridor (EWEC) which links Myanmar, Thailand and Laos with Central Vietnam’s port city of Danang and the East Sea. The EWEC will contribute towards comprehensive development of the cities and provinces along the EWEC route.

Central Vietnam is in the earlier stages of industrial development compared to its neighbours in the north and south. However, with an estimated 10 million strong working population in the region, abundant labour resources are available at relatively low operating costs. VSIP Quang Ngai is an attractive destination for its target industries of food and beverage manufacturing, fast-moving consumer goods (FMCG), and light assembly operations.

Investors establishing themselves at VSIP Quang Ngai are accorded 15-year tax incentives under the Dung Quat Economic Zone scheme. A one-stop service centre has also been established by provincial authorities within VSIP Quang Ngai to facilitate the investment start-up process for tenants.