Huali Vietnam Group Limited (under Huali Group) has officially become the first unit to sign a land lease contract and invest 100 million USD in the Song Cong II Industrial Park (phase 2).
Huali Group - a multinational enterprise specializing in the production of environmentally friendly construction materials - has decided to expand its investment project in Thai Nguyen province. The project has an area of 130,000 m2.
In addition to Huali, many investors in the high-tech and supporting industry sectors from Korea, Japan, Taiwan, and China are also interested in Song Cong II Industrial Park (phase 2).
Investors in Song Cong II Industrial Park (phase 2) enjoy many attractive incentive policies such as: Exemption from corporate income tax for the first 2 years, application of a preferential tax rate of 10% for the next 4 years, along with many import tax incentives for goods for production, research and high technology.
Song Cong Industrial Park (phase 2) started construction on March 10, 2025, deployed on a land area of 296.24 hectares in Song Cong City, Thai Nguyen Province. The total investment capital is nearly 4,000 billion VND. The investor is Viglacera Thai Nguyen Joint Stock Company.
The project was approved by the Prime Minister in principle for investment and the investor was approved in Decision No. 225/QD-TTg dated March 7, 2024.