QUANG TRI VIET NAM POTENTIAL INVESTMENT DESTINATION THẾ GIỚI PUBLISHERS THEÁ GIÔÙI
QUANG TRI - VIET NAM
POTENTIAL INVESTMENT DESTINATION Chairman’s message 02 Quang Tri today 04 Why Quang Tri? 07 Typical products of Quang Tri 30 Economic and Industrial zones 32 Development vision 40 Orientation for investment 42 Preferential investment 44 supporting policy 1
QUANG TRI - VIET NAM Mr. VO VAN HUNG Chairman of the People’s Committee of Quang Tri Province CHAIRMAN’S MESSAGE Dear investors, You are holding in your hand the brochure, which highlights a range of excited investment information in Quang Tri province. In this brochure, you can see images and information, which were still a primitive idea few years ago, has now become a reality. It proves the outstanding achievement of investors in the Province. And that miracle will also embark on you, when you put your trust in our land full of potential and sediment. This is not merely an introduction, but our strong commitment. In this brochure, insights into the potential, advantages, land, people, landscape, and investment attraction policies in Quang Tri province are carefully given. To show you our e orts and passion for this potential land, under this message, I wish to tell you more an amazing story in our homeland about Gio An ancient well complex. Some have argued it existed from the 12th century, others have argued it started from the beginning of the Common Calendar, even from the end of the Stone Age. If this hypothesis is proven, then 2
POTENTIAL INVESTMENT DESTINATION the ancient wells of Gio An are contemporaneous with the Great Pyramid of Kheops in Egypt, and much older than the famous Roman aqueducts. Most surprisingly, regardless of any ups and downs of the climate, weather, history, war, and rainy or dry seasons, the water ow of Gio An wells has never gone dry, still endlessly serve people’s needs. It was an intellectual wonder of its rst owner as well as that of today’s heirs. Investment and business potential of Quang Tri province can be like the ancient wells of Gio An as a water source that never goes dry. Obtaining available institutions, knowledge, capital, technology, and resources, we are fully capable of creating new wonders, building together prosperous premises on this land! In fact, projects and works have been undertaken so vibrantly in all elds. For example, in terms of electricity, we have turned the wind, the sun, and the great inventions of Otto Fon Gerryk, Thomas Edison, Nikola Tesla and other geniuses of all times into jobs, food, clothes, houses, vehicles, and so on, and of course, pro ts for investors. We are endeavoring every hour to make Quang Tri a place to give wings to the most daring business and investment ambitions. We are committed to sharing responsibilities and bene ts, patiently supporting and creating the most favorable conditions for investment procedures as well as applying highest legal investment incentives. We shall promptly grasp and remedy any di culty of investors during production and business process under the direction “The more developed enterprises, the more prosperous Quang Tri”. So, please get in touch and we’ll show you the opportunities. 3
QUANG TRI - VIET NAM QUANG TRI TODAY Thanks to rich cultural tradition and history, Quang Tri is developing to become a dynamic and vibrant locality in the process of deep integration and development of Viet Nam. The Province is striving to become the new energy center of the Central region on the basis of potential from renewable energy sources (wind, solar, o shore natural gas...). Quang Tri is determined and does its best to attract investment and develop the local economy and society, in which the energy industry will be a breakthrough task in order to create a rm stance for the Province. 4
POTENTIAL INVESTMENT DESTINATION AREA 4,701 Km2 POPULATION 638,627 People 10 ADMINISTRATIVE UNITS DONG HA CITY IS A CLASS-3 URBAN GRDP GROWTH 6.5%/Year ECONOMIC STRUCTURE AGRICULTURE, FORESTRY, FISHERY: 21.42% NON-AGRICULTURE, FORESTRY, FISHERY: 78.58% GRDP PER CAPITA 57.5 million VND/Year TOTAL INVESTMENT IN SOCIAL DEVELOPMENT 28,534 billion VND Year 2021 5
QUANG TRI - VIET NAM QUANG TRI ADMINISTRATION MAP N WE CON CO ISLAND DISTRICT S 1A QUANG BINH Ho Xa Town PROVINCE EAST SEA HCM HIGHWAY VINH LINH Gio Linh Town DISTRICT HUONG HOA GIO LINH 15 1A 9 DISTRICT DISTRICT TRIEU PHONG HCM HIGHWAY Cam Lo Town DISTRICT Lao Bao 9 DONG HA CITY International border gate CAM LO Ai Tu Town 49C DISTRICT 9 Khe Sanh QUANG TRI Hai Lang Town Town TOWN 9 Krong Klang 1A Town HAI LANG DISTRICT HCM HIGHWAY THUA THIEN - HUE DAKRONG PROVINCE DISTRICT LAOS La Lay HCM HIGHWAY International border gate 6
POTENTIAL INVESTMENT DESTINATION WHY QUANG TRI? Strategic location Developed infrastructure and services to support investment Quali ed human resources Pro-business environment Friendly and safe living environment Abundant natural resources Great potential for renewable energy Diversi ed tourism potential Strong development aspirations 7
QUANG TRI - VIET NAM LOCATION OF QUANG TRI AND CONNECTING TO KEY CITIES HA NOI N WE S Thanh Hoa 600 Km ~11h00’ Vinh 622 Km ~12h00’ Ha Tinh Dong Hoi DONG HA Hoang Sa (Da Nang) 170 Km ~03h30’ Hue Da Nang 1.120 Km ~20h30’ 1.104 Km ~21h30’ HO CHI MINH EAST SEA Truong Sa 8 (Khanh Hoa)
POTENTIAL INVESTMENT DESTINATION Strategic location Quang Tri has a strategic location on the East-West Economic Corridor (EWEC). It is about 600 km from Ha Noi to the North, 1,120 km from Ho Chi Minh City to the South, 170 km from Da Nang. The Province borders Quang Binh province to the North, Thua Thien - Hue province to the South, Savannakhet province and Salavan province of the Lao PDR to the West (with 179 km of border line), the East borders the East Sea (with a coastline of 75 km). Quang Tri plays an important role in the socio-economic linkages between the North and the South, improving the socio-economic development and expanding international cooperation in the GMS region. 9
QUANG TRI - VIET NAM EAST-WEST ECONOMIC CORRIDOR 10
MAWLAMYINE POTENTIAL INVESTMENT DESTINATION Kayin TakEWEC SukhothaiQuang Tri - The focal point on the East-West Economic PhitsanulokCorridor (EWEC): EWEC is created based on a road of 1,450 Khon Kaenkm crossing 13 provinces in the four countries of Myanmar, KalasinThailand, Laos and Viet Nam. Being the rst gateway on the Eastern side of the EWEC of Viet Nam through Lao Bao Yasothoninternational border gate, this is an important advantage Mukdahanthat facilitates Quang Tri to become one of the centers for Savannakhetexchange and development cooperation with many other regions in Viet Nam and the GMS countries. Moreover, the LAO BAOProvince is one of the gateways leading to the East Sea CUA VIETof countries and territories on the EWEC through the My Thuy deep-sea port in the future. 11
QUANG TRI - VIET NAM Developed infrastructure and services to support investment Quang Tri has a relatively complete transport infrastructure with Cua Viet seaport, North-South railway, roads and waterways. The airport is being built to facilitate the transportation of goods and passengers which shall foster the development of economic, investment, trade, service-focused projects, and tourism activities at national and regional scales. 12
POTENTIAL INVESTMENT DESTINATION Roads The transportation network throughout the province is constantly being improved and constructed, not only creating favorable tra c conditions and socio- economic development but also transforming landscapes, fundamentally changing the appearance of the province. The Highway 15D from the future My Thuy seaport to La Lay international border gate is expected to be constructed in the period of 2022-2025. This will be a gateway to the sea and a transport hub for the Central, Southern Laos and Northeastern Thailand. The North - South expressway from Cam Lo (Quang Tri) - La Son (Thua Thien - Hue) - Tuy Loan (Da Nang) with a length of 175.5 km is about to be completed and put into use in 2022. This high-speed road creating a parallel to National Highway 1A and connecting Quang Tri with Da Nang and Quang Nam, shall strongly facilitate the circulation of goods and economic development in the Central region of Viet Nam. Seaport Cua Viet Port is a general cargo port, including three cargo wharfs, one dedicated berth for tourism and one yeti, receiving ships up to 5,000 DWT. My Thuy deep-water seaport in the Quang Tri Southeast Economic Zone (the nearest gateway to the East Sea of the EWEC) has a design scale of 685 ha and is expected to handle cargo ships up to 100,000 DWT. 13
QUANG TRI - VIET NAM Airport Quang Tri Airport has been approved by the Prime Minis- ter for investment in the form of Public Private Partnership (PPP) under the Decision No. 2148/QD-TTg dated December 20, 2021. The airport is located in three communes of Gio Quang, Gio Hai, and Gio Mai, Gio Linh district, and close to the National Highway 1A, 7 km from Dong Ha city to the North, about 5 km from Cua Viet beach to the East. The Airport is designed with grade 4C (according to standards of International Civil Aviation Organization-ICAO), capacity of 01 million passengers/year, 3,100 tons of cargo/year, type of aircraft code C or equivalent, 5 parking spaces for code C air- craft (capable of parking code E aircraft). The total planned land area is 265.37 ha, of which 177.64 ha is the common use zone; 87.73 ha is the civil aviation zone). The total investment is expected to be 5,822.9 billion VND. The Quang Tri Airport Project is prioritized for investment in the period of 2021-2024. Procurement method: Competitive bidding process 14
POTENTIAL INVESTMENT DESTINATION Post - Telecom The Post and Telecommunication system has developed with diversi ed and high-quality services, networks of 3G, 4G, and ber optic cables covering the whole province. Power supply – Water supply Power is guaranteed to be supplied from the national grid through the North-South 500 kV transmission line; national grid system 220 kV and 110 kV synchronously. Domestic water supply system with a capacity of 55,000 m3/day. Banking and nancial services Quang Tri has 10 banking systems that fully meet the transaction needs of people, businesses and investors. 15
QUANG TRI - VIET NAM Qualified human resources Labor force accounts for 54.51% of the province’s population. Rate of trained workers accounts for 65.88%. The labor is young, dynamic, hard-working and well-trained. 01 University branch 03 Colleges 02 Vocational high schools Quang Tri has vocational training centers that provide skilled labor for enterprises in the province at a more competitive cost than other provinces. Ischool Quang Tri owned and developed by Nguyen Hoang Group is also a place to provide education and training services according to an international environment to meet the families of domestic and foreign experts who come to do business and investment in Quang Tri. 16
POTENTIAL INVESTMENT DESTINATION Comparison of advantages in terms of labor Minimum Area 1 Area 4 Spread Spread wage (Quang Tri) (monthly) (yearly) (Hanoi, Ho Chi Minh city) 16.200 VND 4.420 3.070 1.350 (thousand dong) 1,000 4.420.000 3.070.000 1.350.000 16.200.000 employees 5,000 22.100.000 15.350.000 6.750.000 81.000.000 employees (Decree No. 90/2019/ND-CP dated November 15, 2019 of the Government on regulations on regional minimum wages for employees working under labor contracts) 17
QUANG TRI - VIET NAM Pro-business environment Quang Tri province is committed to improving the business and investment environment, and always creates mechanisms and policies in a dynamic and e ective direction for businesses and investors. The Province has been implementing a wide range of programs to support businesses and investors in the process of surveying and implementing projects in the province. E-Government Application: Online business registration, electronic customs service, electronic tax declaration. One-door administration, online services: Administrative procedures for individuals and organizations shall bed received, guided and handled at the Quang Tri Provincial Public Administrative Services Center. In order to save time and costs, procedures related to location survey, establishment, implementation, expansion of investment projects, investment procedures, investment process, cooperation connection, etc. are carried out through Quang Tri Investment, Trade and Tourism Promotion Agency (IPA Quang Tri). Meetings and dialogues between provincial leaders and investors to receive opinions, handling and solving di culties and problems for investors shall be regularly organized. Online Investment Portal in various languages is maintained and administrated. 18
POTENTIAL INVESTMENT DESTINATION Friendly and safe living environment The living environment is favorable with fresh climate and charming natural landscape. The tra c system is convenient without tra c jam. Social order and safety are always guaranteed. Hospitals, medical centers, and professional medical clinics are being developed and improved. The education system, centers and entertainment services meet the needs of people. Tourism infrastructure is invested and developed. Many international class resorts and golf courses are being implemented by investors to meet the diverse needs of customers. The cost of living in Quang Tri is reasonable. The local products are diversi ed and abundant. The supermarket system meets the high demand of consumers. Quang Tri people are always industrious, hard-working, gentle, friendly and very hospitable. 19
QUANG TRI - VIET NAM Abundant natural resources Forest resources Forest and forestry land: 293,868 ha, 61.99% natural land Forest land: 254,816.8 ha Forest coverage rate: over 50% Forest planning: 48.051.2 ha Quang Tri is one of the leading provinces in the country in implementing sustainable forest management with more than 23,000 ha of certi ed plantation forest (FSC). The annual output from plantation forest is over 1,000,000 m3. 20
POTENTIAL INVESTMENT DESTINATION Mineral resources Quang Tri has a wide range of minerals, especially a number of minerals with large reserves and high quality, which are eligible to develop the cement industry, construction materials, silicate industry, etc. on a large scale. Limestone mine in Tan Lam, Ta Rung: Over 3 billion tons. Titanium mine in Gio Linh, Vinh Linh Quartz sand mine in the South - North areas of Cua Viet and Hai Lang: 277 million tons. Marine resources Thanks to its diverse marine and island resources, Quang Tri is able to bring into full play to develop the general economy. The coastline is 75 km long. Con Co Island is covered with 2.3 km2 which is 17 nautical miles o shore. There are two main sea gates, namely Cua Viet, Cua Tung. The sea area has a shing ground of 8,400 km2 wide. Many types of seafood have high economic value, with reserves of about 60,000 tons/year. Over 3,412.37 ha of water surface for aquaculture and seafood development. 21
QUANG TRI - VIET NAM Great potential for renewable energy Potential for development of gas power projects Bao Vang gas eld: 60 - 100 billion m3 Ken Bau gas eld: The largest gas reserve ever found Quang Tri shall be the receiving point of natural gas from the Bao Vang eld (100 km o shore near Con Co island) and in the near future the Ken Bau Gas eld, which is around 65 km o shore of Quang Tri Province. This is the fuel source for gas power plants and the foundation for the formation of the gas industry in the Central region, helping Quang Tri likely become a “New Energy Hub” of the Central Viet Nam Region according to the conclusion of the Vietnamese Prime Minister in the O cial Notice No. 17/TB-VPCP dated January 25, 2021 issued by the Government O ce. 22
POTENTIAL INVESTMENT DESTINATION Potential for development of wind and solar power projects With a strong Southwest wind blowing from March to September and an average number of sunshine hours of 5-6 hours per day, ideal conditions for investors in the eld of energy production from solar and wind shall prevail. In order to increase the connection for power plants in the Western part of Quang Tri, construction of 220 kV transmission lines and substations from Dong Ha city to Lao Bao town has been completed and other 500 kV line projects shall be under planning. With 75 km of coastline and stable wind speed, Quang Tri is calling for investors to propose o shore wind power projects to make the most of this advantage. 23
QUANG TRI - VIET NAM Diversified tourism resources Quang Tri has a relatively high density of tourism resources and is extremely diverse. The main types of tourism in Quang Tri are historical- revolutionary tourism, cultural-spiritual tourism, sea and island tourism, cross-border commercial tourism, eco-tourism – rivers and landscapes. The Province has determined to make tourism a spearheading sector in the economic structure, which is an ideal condition for tourism investors to come to Quang Tri. 24
POTENTIAL INVESTMENT DESTINATION Historical-revolutionary tourism 04 special national relics 33 relics ranked as national relic 476 relics ranked as provincial relic Quang Tri is known as “the most vivid museum of revolutionary war relics”. That is the basis for forming the tourism program “Reminiscing about the old battle eld and teammates” - a famous tour in Quang Tri that attracts tourists. Also from its advantages, Quang Tri has become an important bridge for linking tours such as “the Central Heritage Road”, “Legendary Ho Chi Minh Trail”, “Enjoying meals in 3 countries in one day” through the East-West Economic Corridor. Moreover, Quang Tri is the only place in the world (together with South Korea) still maintaining the Demilitarized Zone (DMZ) tour. 25
QUANG TRI - VIET NAM Cultural - Spiritual tourism Quang Tri also has many cultural and spiritual relics, traditional folk festivals and special revolutionary festivals. Sac Tu Tinh Quang Pagoda and Our Lady of La Vang Pilgrimage Center carry religious legends, which attracts a large number of devotees and tourists from all over the world. Seasonal festivals, gongs, Arieuping hosted by the Van Kieu and Pako ethnic groups and the revolutionary festivals such as the “National Re-uni cation” Festival, “Legend of Truong Son”, “An epic song of a river”, “Gratitude in July”, Festival of Quang Tri Ancient Citadel – “Lighting ower on Thach Han river”, the “Festival for Peace” have brought new colors and sounds and enriched Quang Tri’s cultural-revolutionary traditions. 26
POTENTIAL INVESTMENT DESTINATION Marine tourism Another strength of Quang Tri is marine tourism, which is famous for a long, at coastline and many charming beaches, white sand, clear water, a large number of hours of sunshine, convenient for the development of many types of tourism such as leisure travel, swimming at Cua Tung, Cua Viet, My Thuy, Hai Khe, Trieu Lang, Vinh Kim, Vinh Thai. Especially, Cua Tung beach is once known as the “Queen of Beaches”. Besides, Cua Viet beach, which has many advantages, is emerging a high-quality service area for tourists. Moreover, Con Co island, which is not very far from the mainland, is famous for its own natural beauty and rich marine life. The island is an ideal and amazing vacation destination. Quang Tri is also focusing on investing in building a “triangle tourism” of Cua Viet - Cua Tung - Con Co beaches into a national tourist area. 27
QUANG TRI - VIET NAM Development aspirations The ame of aspiration of Quang Tri people has always burned strongly in any historical period. That re forged determination, ignited the will to rise, served as a goal to urge the entire the Government and people of the province to transform di culties but not necessarily disadvantages of the locality into potentials, advantages and development motivation. A proof is that with that tireless e ort and collaboration, nearly 1,000 MW of renewable energy (wind power, solar power, hydroelectricity) has been commercially operated (COD) by December 2021, 28
POTENTIAL INVESTMENT DESTINATION gradually realizing the goal of building Quang Tri to become an energy hub of the Central region by 2030. Investors’ investment and business ambitions shall surely be fruitful combining with the enthusiasm, aspiration and determination of the government and people of Quang Tri, contributing to making Quang Tri a province achieve a high average level province by 2025 and a good level province by 2030. 29
QUANG TRI - VIET NAM TYPICAL PRODUCTS OF QUANG TRI Co ee Pepper Organic rice Tapioca Gio Linh melon Jasminum subtriplinerve 30 blume extract
POTENTIAL INVESTMENT DESTINATION Fish sauce Dried squid MDF wood Furniture Products from rubber Textiles Terrazzo tiles Building materials from natural stone 31
QUANG TRI - VIET NAM ECONOMIC AND INDUSTRIAL ZONES 32
POTENTIAL INVESTMENT DESTINATION Quang Tri South East Economic Zone Location: Located in the Southeast of Quang Tri, including 17 communes and towns of Hai Lang, Trieu Phong and Gio Linh districts. Area: 23,792 ha. Including 6 functional areas: Industrial zones, administrative area, residential area, tourist area, service area, My Thuy deep water port area. Quang Tri South East Economic Zone is a general and multi-sector economic zone. It is a breakthrough investment center of Quang Tri province and an important development pole of the Central region. Moreover, this economic zone is the center of international trade and agro-forestry- shery processing industry, production of building materials, electricity production, tourism, trade and service, a large seaport of the Central region; urban development and other economic sectors associated with the East-West Economic Corridor. 33
QUANG TRI - VIET NAM Lao Bao Special Commercial - Economic Zone Location: Spreading along 25 km along National Highway 9, including 2 towns Lao Bao, Khe Sanh and 5 communes Tan Thanh, Tan Long, Tan Lap, Tan Lien, Tan Hop in Huong Hoa district. Area: 15,804 ha. Lao Bao Special Commercial - Economic Zone is a center of import and export of goods and services with Central Laos, Northeast Thailand and countries in the Greater Mekong Sub-region (GMS). It is one of the most important border gate economic zones ofViet Nam with fairly synchronous infrastructure and outstanding investment incentive mechanisms and policies. Lao Bao Special Commercial - Economic Zone is also one of eight key border gate economic zones selected by the Prime Minister of Viet Nam to focus on development investment from the state budget in the 2021-2025 period. This special commercial - economic zone is opposite the Densavan border trade zone of Laos. These two zones are an important hub on the EWEC, which are under study aiming to build a common economic zone between Vietnam and Laos. 34
POTENTIAL INVESTMENT DESTINATION Trieu Phu Industrial Zone OF QUANG TRI SOUTH EAST ECONOMIC ZONE Location: Trieu Phong district - Area: 528.97 ha. Technical infrastructure: Investment procedures are underway for the construction of industrial zone infrastructure. Fields, Industry of operation: Trieu Phu Industrial Zone is a multi-industry general industrial zone, with priority given to production - food and beverage processing, mechanics, machine building and metal production, electronics, hardware industry, textiles, footwear, manufacturing and electricity distribution, production of building materials and other non-metallic mineral products. Source of capital: 100% investors’ capital. 35
QUANG TRI - VIET NAM South Dong Ha Industrial Zone Location: Dong Ha city. - Area: 98.75 ha. Technical infrastructure: Internal tra c system of the industrial zone: The main road of the industrial zone (Number of lanes and road width): 2-lane road, the road surface of each lane is 11.25 m wide; Internal roads of the industrial zone: Including 3 routes (2 roads with 11.25 m wide, 1 road with 7.5 m wide). Invested in building the power and water supply system to the foot of the factory fence. Power supply is taken from the 110/22 kV regional substation located in the industrial zone with a capacity of 25 MVA to supply power to the industrial zone. Water supply is taken from Dong Ha water plant, the water supply capacity of phase 1 is 5,000 m3/day and night. Occupation rate: 90.64% Fields, Industry of operation: Production of building materials; textile industry, leather shoes, garment and handicrafts, mechanical industry, electrical and electronic assembly, processing industry. Source of capital: State budget. 36
POTENTIAL INVESTMENT DESTINATION Quan Ngang Industrial Zone OF QUANG TRI SOUTH EAST ECONOMIC ZONE Location: Gio Linh district. - Area: 318.13 ha. Technical infrastructure: The power supply system has been completed. The 110 kV power network ensures su cient power supply for the operation of the factories. Waste water and waste treatment system: A centralized wastewater treatment system for the whole industrial zone is under construction. Internal tra c: The system of internal roads in the industrial zone has basically been completed. Occupation rate: 83.13% Fields, Industry of operation: Manufacturing and assembling automobiles, building materials, mechanics, assembling electronics, textiles, leather shoes, processing agricultural and forestry products, seafood, alcohol, beverages, etc. Source of capital: State budget. 37
QUANG TRI - VIET NAM Ho Xa Northwest Industrial Zone Location: Vinh Linh district - Area: 339.36 ha. Technical infrastructure: Investment procedures are underway for the construction of industrial zone infrastructure: 214.77 ha. Fields, Industry of operation: Multi-industry industrial zone, focusing on di erent types of industries: Mechanical, machine repair, electronic assembly, construction material production, textile industry, leather, garment and handicrafts, manufacturing agro-forestry products. Source of capital: 100% investors’ capital. Quang Tri Industrial Zone Location: Hai Lang district - Area: 481.2 ha. Technical infrastructure: Investment procedures are underway for the construction of industrial zone infrastructure in phase 1: 97.4 ha. Fields and industry of operation: Multi-industry general industrial zone, giving priority to the production of computer equipment, electronics, chemicals and cosmetics; manufacturing and assembling electrical equipment, power tools, conductors, wiring equipment, energy panels; production, processing, food mixing, food processing, agricultural products, aquatic products, beverages; producing and manufacturing machinery, spare parts and equipment, metal products, processing and coating metal. Source of capital: 100% investors’ capital. 38
POTENTIAL INVESTMENT DESTINATION MAP OF ECONOMIC AND INDUSTRIAL ZONES QUANG BINH CON CO ISLAND PROVINCE DISTRICT HO XA NORTHWEST 1A INDUSTRIAL ZONE VINH LINH DISTRICT TRIEU PHU MULTI-BRANCH HCM HIGHWAY QUAN NGANG INDUSTRIAL ZONE INDUSTR1I5AL ZONE 1A 9 EAST SEA HUONG HOA SOUTH DONG HA DONG HA CITY DISTRICT INDUSTRIAL9ZONE TRIEU LAO BAO PHONG INTERNATIONAL DISTRICT BORDER GATE CAM LO DISTRICT 9 QUANG TRI INDUSTRIAL ZONE LAO BAO SPECIAL TX. QUẢNG TRỊ 9 QUANG TRI QUAN1GA TRI HCM HIGHWAY TOWN SOUTH EAST ECONOMIC ZONE DAKRONG DISTRICT COMMERCIAL - ECONOMIC ZONE LAOS LA LAY HCM HIGHWAY THUA THIEN - HUE INTERNATIONAL PROVINCE N BORDER GATE WE S 39
QUANG TRI - VIET NAM DETẦVMELONPHMÌNENPHT ÁVTISTIROINỂN Development orientation by 2025, vision by 2030 Quang Tri identi es economic development based on three main pillars: industry - construction, agriculture and services - tourism, in which the energy industry is a breakthrough development eld, agriculture is the pedestal of the economy and tourism becomes a spearheading economic sector. Striving to 2025, turning QuangTri into a province with a high level of development in the middle group and in 2030 the province will enter the group of good provinces of Viet Nam. 40
POTENTIAL INVESTMENT DESTINATION Goals to 2025, vision to 2030 GRDP GROWTH 7.5 - 8% (2025); >8% (2030) GRDP PER CAPITA 85 - 90 MILLION VND (2025) >150 MILLION VND (2030) ECONOMIC STRUCTURE AGRICULTURE, FORESTRY, FISHERIES 15% (2025); <15 - 10% (2030) NON-AGRICULTURE, FORESTRY, FISHERIES 85 % (2025); >85-90% (2030) STATE BUDGET COLLECTION 21,500 - 22,500 BILLION VND (2021 - 2025) 38,300 BILLION VND (2025 - 2030) SOCIAL INVESTMENT STRUCTURE/GRDP 50% (2025); < 45% (2030) 41
QUANG TRI - VIET NAM ORIENTATION FOR INVESTMENT Industry Energy; agro-forestry- shery processing (especially wood processing); silicate; textile & garment; assembling components - machines and equipment Agriculture High-tech agriculture, organic, natural farming. Services - Tourism Investing in eco-tourism and resort complexes in the coastal areas and the western region of Quang Tri; commercial center/ supermarket; spiritual tourism; nostalgic tourism. Infrastructure Investing in infrastructure development of urban areas, tourist areas, industrial parks, economic zones, airports and modern logistics services. 42
POTENTIAL INVESTMENT DESTINATION 43
QUANG TRI - VIET NAM PREFERENTIAL INVESTMENT SUPPORTING POLICY Complying with the general policies and regulations of the Government. According to the Resolution No. 105/2021/NQ-HDND dated August 30, 2021 of the Quang Tri Provincial People’s Council, promulgating regulations on preferential policy and investment support in Quang Tri province. 44
POTENTIAL INVESTMENT DESTINATION Tax incentives, land and property depreciation With regard to the forms of investment incentives speci ed in Clause 1, Article 15 of the Law on Investment, Quang Tri province commits to: Investors, who are eligible for investment incentives, are entitled to the highest incentives within the framework speci ed by relevant laws. 45
QUANG TRI - VIET NAM Supporting the system of developing technical infrastructure inside and outside the fence of the project implemented outside the industrial zone, functional areas of the economic zone Tra c The provincial budget supports investment in the construction of roads inside and outside the project’s fence, but not exceeding three (3) billion VND. Power and water supply The provincial budget supports the construction of transformer stations, electricity lines, water supply and drainage, but not exceeding two (2) billion VND for all of the above items. 46
POTENTIAL INVESTMENT DESTINATION Supporting in vocational training, human resource development Each project is only supported once, up to a maximum of 100 million VND, each employee is only supported for training once during his or her working time at the project using employees in the same training major. For primary vocational training under three (3) months: Complying with current regulations of the province. For intermediate vocational training or workers using high technology: Supporting 2,000,000 VND/01 employee. For vocational training at college level: Supporting 4,000,000 VND/01 employee. Supporting manufacturing and business premises to relocate under decisions of state agencies Support level Each premise is supported with 30% of reasonable expenses for dismantling, moving and installing equipment, machinery and workshops, but not exceeding 200,000,000 VND/premise. Manufacturing premises subject to relocation as planned to change their business lines in accordance with the law will be supported once to solve di culties. The support level is 200,000 VND/m2 of factory, but not exceeding 100,000,000 VND/premise. 47
QUANG TRI - VIET NAM Supporting market development, providing information 1. Support on product introduction Free support in advertising and introducing images of enterprises and products on the website of Quang Tri province and other websites of the relevant departments and localities upon requested. Being considered and supported to introduce information and images about enterprises and products in the province’s publications promoting investment, trade and tourism. 2. Support on providing information, consulting on investment and business procedures IInvestors, enterprises, organizations and individuals are provided with free of charge information on the investment and business environment, planning of investment sectors and industries, planning on land use; accessing to land fund when studying and conducting investment and business activities in Quang Tri province. 48
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