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FECON IP Hiep Hoa: A new driver of Bac Ninh’s sustainable industrial development

Updated: 10:27, 07/08/2025

BAC NINH - In August 2025, FECON Invest JSC officially broke ground on the Danh Thang - Doan Bai Industrial Cluster (commercially branded as FECON IP Hiep Hoa) in Hiep Hoa commune, Bac Ninh province. The project marks a key milestone in FECON’s strategy to build a green, sustainable industrial real estate ecosystem in northern Vietnam.

Strategically located just 50 km from downtown Hanoi and 30 km from Noi Bai International Airport, FECON IP Hiep Hoa enjoys direct access to three major expressways: Hanoi – Thai Nguyen, Hanoi – Lang Son, and Noi Bai – Ha Long.

An illustration of Danh Thang - Doan Bai Industrial Cluster in Hiep Hoa commune, Bac Ninh province.

This connectivity positions it as a gateway to major industrial hubs such as Thai Nguyen, Hai Phong, and Lang Son, making it an ideal destination for manufacturers looking to strengthen global supply chains.

Spanning 75 hectares, the industrial cluster is master-planned with a 70% construction density, while the remaining area is reserved for green space and water surfaces, promoting a clean and healthy working environment. All technical infrastructure has been comprehensively developed from the outset.

FECON IP Hiep Hoa offers full life-cycle support for investors - from legal and environmental consulting to investment-business registration to recruitment and factory operation support.

The project also benefits from a range of government-backed investment incentives in accordance with Decree 218/2013/ND-CP and the Corporate Income Tax Law.

Investors will enjoy a two-year corporate income tax exemption starting from the first year of taxable income, followed by a 50% tax reduction for the next four years on income derived from new investment projects.

Additional incentives include land rent exemptions for up to seven years, depending on the business sector, and exemptions of import duties on machinery, equipment and materials not yet locally produced, as well as raw materials used for export manufacturing.

FECON IP Hiep Hoa is prioritising high value-added and environmentally friendly industries as part of its long-term vision for sustainable development.

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