What is bet88 keo nha cai? Definition, characteristics, roles...

bet88 keo nha cai parks play an important role in helping to develop the national economy and integrate into the world economy. The article below will help you answer the question ofwhat is bet88 keo nha cai, its characteristics, and its types of bet88 keo nha cai parks.

1. What is bet88 keo nha cai?

An bet88 keo nha cai (IP) is a designated area, distinctly outlined and reserved exclusively for industrial development, where residential living is not permitted. It is a specially planned zone in regions with favorable geographical, natural, and societal conditions to construct and operate business production activities.

Businesses within an bet88 keo nha cai primarily focus on industrial manufacturing and related services to support industrial production, as governed by Decree 82/2018/NĐ-CP.

In addition to businesses providing infrastructure and public utilities along with waste management services, industrial parks are integrated with functional zones within them, such as urban service areas. These functional zones include residential areas, hospitals, schools, and research and development centers, among others, designed to support and provide social utility services to the bet88 keo nha cai.

bet88 keo nha cai parks (IPs) typically exhibit the following basic characteristics:

• No specific regulations regarding minimum or maximum area, but bet88 keo nha cai parks usually have a large scale and can easily accommodate expansion needs.
• Primarily composed of large enterprises to serve bet88 keo nha cai production.
• bet88 keo nha cai parks comprise both bet88 keo nha cai manufacturing enterprises and service providers that support bet88 keo nha cai production.

bet88 keo nha cai parks and bet88 keo nha cai zones (IZs) are two distinct concepts in the field of bet88 keo nha cai development, and they have several key differences:

Criteria	bet88 keo nha cai zone	bet88 keo nha cai
Scale	10 - 75 hectares	There are no specific regulations regarding minimum or maximum area size.
Type of business operation	Focused onsmall and medium-sized businesses, mainly engaged in bet88 keo nha cai production, small-scale bet88 keo nha cai and handicraft processing, agriculture, forestry, and aquatic product processing.	Mainly composed oflarge businessesthat primarily serve bet88 keo nha cai production.
Function	Manufacturing agricultural machinery parts and equipment.	bet88 keo nha cai production and supply of services for bet88 keo nha cai manufacturing.
Establishment conditions	Construction planning must be approved by bet88 keo nha cai state, and there must be an investor capable of implementing it within one year of establishment.	The bet88 keo nha cai construction plan is approved by the Government, and it has a comprehensive system of mechanisms, synchronized infrastructure, and comprehensive policies.
For export-oriented business	Not allowed to operate within the bet88 keo nha cai zones.	Allowed to operate within the bet88 keo nha cai parks.

2. Roles of the bet88 keo nha cai

The content of part 1 has helped you answer the question of what is bet88 keo nha cai. So how does the role of industrial parks affect Vietnam's industrial economy? Let's find out more details with Du Long.

bet88 keo nha cai parks play a significant role and directly impact the national economic structure, as well as drive key resources to support bet88 keo nha cai and business activities.

• Attracting investment: IPs act as strong magnets for attracting FDI. Financial resources are concentrated in these parks, meeting criteria related to location, transportation, and infrastructure services.
• Creating employment: Domestic businesses that adopt technology transferred from FDI enterprises generate a substantial driving force that stimulates outstanding industrialization. This contributes to bet88 keo nha cai transition of bet88 keo nha cai national economy towards a modern market-oriented economy.
• Catalyzing national development: IPs have a major impact on bet88 keo nha cai economic structure shift, with bet88 keo nha cai majority of sectors shifting towards industry and services, compared to agriculture, forestry, and fisheries.
• Promoting sustainability: IPs require a large labor force, leading to bet88 keo nha cai creation of a significant number of jobs and a substantial reduction in unemployment rates in bet88 keo nha cai local area.
• Support local area development and urbanization: Supporting services and technical infrastructure in IPs are required to develop in parallel. This change helps bridge bet88 keo nha cai gap between rural and urban areas in Vietnam.

3. Specific characteristics of bet88 keo nha cai parks

bet88 keo nha cai parks possess distinct characteristics that set them apart from other areas of the economy. These characteristics make them attractive locations for businesses looking to establish manufacturing and bet88 keo nha cai operations. Below, we delve into the specific features that define bet88 keo nha cai parks:

• A regulatory regime distinct from bet88 keo nha cai rest of bet88 keo nha cai economy: IPs operate under a specialized regulatory framework separate from bet88 keo nha cai broader economy. This regime is meticulously tailored to cater to bet88 keo nha cai unique needs of businesses within IPs, offering an array of incentives, including tax breaks and simplified administrative procedures.
• Geographically-delineated: IPs in Vietnam are geographically delineated areas, strategically located to maximize logistical efficiency and connectivity. These well-defined boundaries are not arbitrarily set; rather, they are carefully planned to ensure proximity to vital transportation networks, suppliers, and consumer markets.
• Serviced with infrastructure and utilities: These facilities typically include well-maintained roads, reliable electricity and water supply, and efficient sewage systems, among others. bet88 keo nha cai presence of such ready-to-use infrastructure significantly reduces bet88 keo nha cai time and financial burden required for businesses to establish their operations.
• Dedicated management system: bet88 keo nha cai parks are typically managed by specialized authorities or management boards. These dedicated entities are responsible for overseeing the day-to-day operations within the park, including infrastructure maintenance, security management, and regulatory compliance.
• Multi-tenant (clustering of several companies in one place): The clustering of multiple companies from various industries within bet88 keo nha cai parks offers significant advantages. This concentration fosters enhanced supply chain collaboration, as businesses can easily interact with suppliers and customers in close proximity, leading to increased efficiency and reduced operational costs.

4. Types of Viet Nam bet88 keo nha cai

At present, there are six main types of bet88 keo nha cai parks in Vietnam. Each type embraces different characteristics and roles in the overall economic development of the country, including:

• Export Processing Zones (EPZs): Export Processing Zones (EPZs) are specifically designed to produce goods for export. These zones are designated areas within a country that are established to promote and facilitate export-oriented industrialization.
• High-Tech Parks: These specialized bet88 keo nha cai zones place a strong emphasis on fostering cutting-edge technology and promoting innovation. High-Tech Parks provide an ideal environment for research and development activities, attracting businesses and organizations looking to push the boundaries of technology.
• Eco-bet88 keo nha cai Parks: These specialized zones prioritize ecological responsibility and the integration of green technologies. With a strong commitment to environmental protection and sustainability, Eco-bet88 keo nha cai Parks aim to minimize their carbon footprint and reduce the environmental impact of bet88 keo nha cai activities.
• Mixed-Use bet88 keo nha cai Parks: These parks are characterized by their unique blend, where manufacturing, residential, and commercial zones seamlessly integrate, creating a holistic ecosystem. Businesses across various sectors coexist and collaborate within these parks, fostering synergies and opportunities for cross-industry partnerships.
• Specialized bet88 keo nha cai Zones: These zones are meticulously designed to cater to bet88 keo nha cai unique requirements of specific industries, such as automotive and electronics. These zones are precision-engineered to provide customized infrastructure and support that align with bet88 keo nha cai specialized needs of bet88 keo nha cai targeted sectors.

5. Status of Viet Nam bet88 keo nha cai 2024

The above content has helped you answer the question of what is bet88 keo nha cai is and some types and forms of Industrial Parks. In the next content, let's learn with Du Long about the development situation of Vietnam's industrial parks in the future.

As of 2023, the development of bet88 keo nha cai parks in Vietnam is on an upward trajectory, receiving increased attention and investment from the government. These parks are becoming more organized and planned, achieving certain milestones compared to previous years.

According to a report by Avison Young, in the fourth quarter of 2023, the bet88 keo nha cai real estate segment experienced significant growth in the market due to rising rental prices and stable occupancy rates.

In Ho Chi Minh City, the average bet88 keo nha cai land rental price reached USD 232/m2/ lease term, with an occupancy rate of 93% of the total area. In Hanoi, the average rental price was USD 188/m2/ lease term, with an occupancy rate of 90%. Meanwhile, in Danang, the lowest rental price was USD 95/m2/lease term, a 9% increase compared to the previous year, with an impressive occupancy rate of 94%.

Statistics from bet88 keo nha cai General Statistics Office highlight that FDI in bet88 keo nha cai manufacturing and processing sector reached .4 billion, accounting for 63% of bet88 keo nha cai total FDI in bet88 keo nha cai first six months of 2023. There were 379 new projects with registered capital of .4 billion. Among bet88 keo nha cai 345 existing projects, 225 projects saw an increase in capital, totaling an additional .1 billion.

The future development goals for this sector in the 2021-2025 period include further efforts to attract FDI, continued planning and synchronization of industrial parks, and a focus on eco-industrial parks, specialized industrial parks, and urban-service industrial parks. This approach aims to promote sustainable bet88 keo nha cai growth while concurrently ensuring environmental protection.

In conclusion, bet88 keo nha cai parks play a vital role in modern economies by providing a dedicated space for bet88 keo nha cai activities, promoting economic growth, and facilitating efficient production and distribution.

To stay updated on the latest trends in the Vietnamese bet88 keo nha cai real estate sector, please visit the website/to read our newest articles.