Cao Bang

Contact
(Mr.) Nong Minh Thang - Deputy Director of the Department
(+84) 206.3852182
Evaluation of investment environment
Map
Department of Planning and Investment Cao Bang
Address: No. 030 Xuan Truong, Co Giang Ward, City of Cao Bang, Cao Bang Province
Phone: 84.26.3852182
Fax:
Email:
Website: http://sokhdt.caobang.gov.vn
The priority areas: Infrastructure development of industrial zones and clusters; border-gate economic zones; high-tech agriculture; pharmaceutical industry and pharmaceutical production; processing industry; promoting advantages in tourism development and diversity in the province such as: eco-tourism, spiritual tourism, promoting the tourism value of Cao Bang Non Nuoc UNESCO Global Geopark (list of projects to attract investment as attached to Decision No. 1452/QD-UBND dated October 10, 2022 of Cao Bang Provincial People's Committee).

Geographical location: Geographical coordinates from 22021'21" to 23007'12" north latitude, 105016'15" to 106050'25" east longitude. To the west, it borders the two provinces of Ha Giang and Tuyen Quang. To the south, it borders the two provinces of Bac Kan and Lang Son. To the north and east, it borders the Guangxi Zhuang Autonomous Region (China) with a border of 333,125 km. Although Cao Bang is far from the major economic centers of the country and the North, it has favorable conditions to access the Chinese market through border-gate economic development with 02 the international border gates are Ta Lung (Quang Hoa district) and Tra Linh (Chongqing district), the main border gates (or bilateral border gates) include: Soc Giang border gate (Ha Quang district), Ly Van (Ha Lang district), secondary border gates and border crossings.

Acreage: 6,703.42

Population: 547,879

Topographic: Characterized by limestone plateaus mixed with mountains and soil, with an average altitude of over 200 m, the adjacent area with an altitude of 600 - 1,300 m above sea level. The mountains coincided. Mountain forests account for more than 90% of the province's area.

Administrative units: There are 12 district-level administrative units, including 01 city and 11 districts

Natural resources: Land is an important resource for the economic development of Cao Bang. Currently, the province has about 140,942 hectares of land capable of agricultural development, 408/705 hectares of land for forestry development. Cao Bang forest has many types of wood and precious animals such as: crushed, cheesy, wooden, bear, deer, deer,... Cao Bang also has diverse and rich mineral resources with 150 mines and ore points with 22 different minerals such as: tin, tungsten, gold, lead, zinc, uranium,... including large-scale mines concentrated in Tra Linh and Chongqing districts

Travel resources: Cao Bang has many famous scenic spots and landscapes (Ban Gioc Waterfall, Ngom Ngao Cave, Thang Hen Lake, Phja Oac Mountain Peak 1931m high,...) and many ranked historical and cultural relics such as: Pac Bo historical site - where Uncle Ho returned home after 30 years abroad,  Tran Hung Dao forest - where the Vietnam Liberation Army Propaganda Team was established, Dong Khe historical site, town fortress cellar... This is a great potential for Cao Bang to develop all types of tourism.

Human resources: Population of working age: 396,571 people (Source: Statistical Yearbook of Cao Bang province 2022), including the proportion of the population of working age with vocational training: 50%; Completion rate of vocational training programs with certificates: 26%.

Traffic: Cao Bang has road traffic routes to the provinces of Thai Nguyen, Lang Son, Ha Giang and Hanoi Capital quite conveniently; at the same time, the province is currently promoting the investment in the construction of the Dong Dang (Lang Son) - Tra Linh (Cao Bang) expressway.

Power system: Cao Bang manages nearly 85 km of 110 kV power transmission lines, more than 600 km of 35 kV transmission lines. In addition to the electricity received from the central grid, Cao Bang has invested in rebuilding local sources of power generation such as Suoi Kun Hydropower Plant - Cao Bang Town, Na Tau Hydropower - Quang Hoa... In particular, the province is building Na Loa hydropower plant, which is the largest hydropower plant of the province so far to serve the needs of local production and daily life.

Water system: In Cao Bang city, tap water is used to be treated through French technology transmission lines. In towns using self-flowing water supply systems. The proportion of urban population using clean water reached 50% in 2010.

Post and Telecommunication Systems: Cao Bang’s post and telecommunication system has been gradually developed. Mobile phone waves was covered all province even low areas. The ratio of telephone per 100 population increase rapidly and is estimated to reach 85 in 2010. - Industrial zones: De Tham industrial zone in Cao Bang with planned 92,21 hectares is being leveled in the first phrase.

Systems Industrial Zone: Industrial Parks: 
+ Chu Trinh Industrial Park (80.94 ha) 
+ De Tham Industrial Park (92.2 ha)
+ Ta Lung border-gate economic zone industrial park (624 ha) 


The economic structure:


- Economic structure:
+ Industry and construction: 18.17%; Services: 56.83%; Agriculture, forestry and fisheries: 21.21%
- Export-import turnover:
+ Export: 380 million USD ('23)
+ Import: 148.83 million USD ('23)


Growth:


- Foreign direct investment as of 2023: Number of projects: 06 projects
Total registered investment capital: 18 million USD


Attracting investment:


- Foreign direct investment as of 2023:
Number of projects: 06 projects
Total registered investment capital: 18 million USD

Based on each specific project, the competent authority will determine the application of investment support and incentives according to regulations. Basically, investors can enjoy a number of investment incentives as follows:
- Tax and corporate income tax incentives:
- Corporate income tax:
+ Preferential tax rate of 10% for a period of 15 years.
+ Tax exemption for 4 years, 50% reduction of payable tax amount for the next 9 years.
- Land rent incentives:
+ Land rent exemption during the capital construction period but not exceeding 03 years from the date of issuance of the land lease decision of a competent state agency (excluding cases of investment in construction, renovation and expansion of production and business establishments).
+ Land rent exemption after the land rent exemption period of the capital construction period: 15 years for projects not on the list of domains eligible for investment incentives to be invested in economic zones located in district-level areas in areas with extremely difficult socio-economic conditions; projects on the list of domains eligible for investment incentives may be invested in economic zones located in district-level areas not on the list of geographical areas eligible for investment incentives.

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