• Investor / developer
    IDICO (Vietnam Urban And Industrial Zone Development Investment Corporation) - The prestigious developer of industrial parks in Vietnam.
  • Address:
    Phu My town, Ba Ria - Vung Tau province
  • Total area:
  • Investment capital:
    543,58 billion VND
  • Construction investment:
    It is completely invested in the construction of the technical infrastructure system of IZ.
  • Investment attraction:
    The occupied land area is 97.6%. The land remaining area for subleasing is 3.8ha.
  • Operation duration
    1998 - 2062
Contact with Investment Department to support leasing land and consulting investment:  Contact Number: (+84) 28 39312660 Email:


My Xuan B1 Industrial Zone (MXB1IZ) is located in the Southern key economic region, including Ho Chi Minh City, Dong Nai, Binh Duong, Ba Ria Vung Tau;

MXB1IZ has the advantage of being located along National Highway No. 51. It is 70km from Ho Chi Minh City and Tan Son Nhat International Airport; 5km – 7km away from deep sea port system such as Go Dau Port, Thi Vai Port, Tan Cang Cai Mep.

In the near future, it will be adjacent to Bien Hoa – Vung Tau Expressway and far 40km from Long Thanh International Airport. In addition, MXB1IZ is located in the complex of Phu My new urban area, which will be an ideal place for domestic and foreign investors looking for investment opportunities in Vietnam. 

Power supply:
- Source of power: supplied by Phu My Electricity/ Ba Ria - Vung Tau Electricity from the National Grid to the fences of Plants.
- Supplied Power Voltage: 22kV. The Power Price at 22kV (not including VAT) in accordance with the Government at Decision No. 648.QD-BCT dated March 23, 2019):
+ Normal time:    1,555VND/Kwh
+ Peak time:        2,871 VND/Kwh
+ Off peak time:  1,007 VND/Kwh
Water supply:

- Source of water: It is assured to supply cleaned water from Toc Tien water plant with volume of 50,000 m3/day to the fence of plants continuously 24hours/day;

- Water price (Not including VAT): 12.500VNĐ/m3


Telecommunication network is provided by several operators such as VNPT, FPT, Viettel, etc. It ensures smooth communication throughout the country and internationally. It includes all services such as telephone, mobile phone, fax, internet, etc.

Water drainage:

It includes: storm-water and wastewater drainage systems. They are planned and constructed separately, running along internal roads to ensure the collection of all storm-water and wastewater from plants in IZ

- Storm-water is directly discharged into receiving water source.

- Wastewater is collected to The Wastewater Treatment Plant of IZ and thoroughly treated to meet the required standards before being discharged into environment.

Wastewater treatment:

- The Wastewater Treatment Plant is located inside the industrial zone for receiving industrial wastewater from the fences of plants.

- Capacity in the 1st phase: 4,000 m3/ day.

- Waste water treatment fee (for reference): 0,4USD/m3

Internal and External transportation:

- Road of asphalt concrete load H30;

- Main routes No. 1A, 1B, 2A, 2B, 3, 3A connect to Go Dau Industrial Zone and My Xuan A2 Industrial Zone, cross-section 55m, width 15m;

- Branch road is cross-section 35m, width 8m. 

Fields of investment
  • Producing and processing equipment and steel;
  • Manufacturing and repairing machinery and equipment;
  • Electric and electronic industry;
  • Processing industrial and food products;
  • Other industries that are not prohibited by law, etc.
  • 1. Corporation income tax (CIT): 20%

  • 2. Incentives on tax:

    - The incentive tax rate will be 17% for first 10 consecutive years since the first year project making taxable income. After the time of applying this incentive tax rate is expired, enterprises will switch to apply the tax rate of 20% for subsequent years.

  • 3. Enterprises will be exempted for 02 years and reduced by 50% for 4 subsequent years from the availability of taxable incomes.

    + Time for tax exemption and reduction is continuously calculated from the first year that the enterprise has taxable income from the project;

    + In case, the enterprise is unavailable of taxable incomes for the first three years (from the first year making taxable income), the tax reduction and exemption period is calculated from the fourth year.

  • The above CIT rate is based on the Decree no. 218/2013/ND-CP dated Dec. 26, 2013; Decree no. 118/2015/ND-CP dated Nov. 12, 2015. 

  • 4. Import tax: Enterprise is exempted import tax for imported goods in accordance with Article 16 of the Law on Export Tax and Import Tax No. 45/2005/QH11 dated 14 June 2005 and Article 12 of Decree No. 87/2010/ND-CP dated 13 August 2010 of the Government detailing the implementation of a number of article of the Import and Export Tax Law.

  • 1.

    Cost of Infrastructure investment and construction (not including VAT): 80$/m2/duration

  • 2.

    Management and Infrastructure using fee (not including VAT): 0.5$/m2/year

  • 4.

    Water price (not including VAT): 12.500VNĐ/m3

  • 5.

    Wastewater treatment fee (not including VAT): 0,4USD/m3



1. Investors study conditions and the actual subleasing of industrial zones with IDICO.

2. Investors agree conditions for signing Land Subleasing Memorandum (MOU) with IDICO:

- Validity of MOU is 04 months;

- Making the deposit payment equivalent to 10.000USD/ha, this deposit shall be deducted from the payments of Land Subleasing Contract;

- Within 04 months, the investors must implementing the procedure of the Investment Registration Certificate and Establishing a new Enterprise of  project to sign the Land Subleasing Contract with IDICO;

3. The procedures which investors shall implement:

3.1. Implementing the procedure of applying for principle approval on Investment project with the Authority (It would take from 15 to 30 days);

3.2. If the investment project is approved, the investors continue to carry out the procedure for the Investment Registration Certificate (IRC) (I would take 15 days).

3.3. At the same time, the procedure for preparing and applying for the approval of the Environmental Impact Assessment (EIA) are submitted at the EIA authority (It would take 60 - 90 days)

3.4. After getting the Investment Registration Certificate, Investor apply for the Enterprise Registration Certificate (ERC) for project.

3.5. Within 30 days, from the date issuance of the IRC and ERC, the Land Subleasing Contract will be signed by the 2 parties;

3.6. Applying for a construction permit:

- After the investors sign the Land Subleasing Contract; At the same time, the Project was approved the EIA; The design has been approved for fire prevention and fighting, the investors carry out the procedures for applying for a construction permit with the Authority.

- After being granted the construction permit, investors will carry out the construction of the Project.


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2 Phu My Construction Material Plant VietNam Brick
3 Thuong Hao Co.,Ltd Taiwan Wood
4 Vina Halla Heavy Industry Co., Ltd Korea Steel
5 Quatron Steel JSC Jordan Steel
6 Asian Dobla Co.,Ltd Australia Chocolate
7 Thien Kim Garment Co., Ltd VietNam Granit ceramic
8 Vietnam Global Aluminum Co., Ltd  Australia Aluminum  
9 Vietnam Ewic Color Korea Electrolysis,
Iron Oxide
10 Twinkle Leatherware company British  Virgin Island  Leather bag
11 Vietnam D.I.S Technology Co., Ltd  USA  High-tech medical equipment  
12 Vietnam Court Co., Ltd  Samoa Steel rolling shaft
13 Vietnam Global Aluminum Co., Ltd Australia Aluminum
14 Vietnam Global Fashion Australia Garment
15 SHL Co., Ltd Korea  Dispensing lubricants
16 Vo Dinh Mechanical JSC    Scaffolding, formwork
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