Kien Giang

Contact
Ms. Nguyen Duy Linh Thao – Director
+84 918 077 466
ndlthao@yahoo.com
Evaluation of investment environment
KienGiang is a province in the southwest of Vietnam, one of the four key economic regions in the Mekong Delta.
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Kien Giang Investment Promotion, Trade & Tourism Center
Address: 224 Tran Phu, Thanh Van, Rach Gia, Kien Giang
Phone: +84 918 077 466
Fax:
Email:
Website: www.kitra.com.vn
The priority areas: Tourism , Industry - Construction , Services , Agriculture - forestry - fishery

Geographical location:

Administrative boundaries of the contiguous province:
+ The East and Northeast borders with An Giang province, Can Tho city and Hau Giang province;
+ The South borders with Bac Lieu and Ca Mau provinces;
+ To the west and southwest is the Gulf of Thailand with a coastline of more than 200km, with over 145 large and small islands, bordering the waters of the following countries: Cambodia, Malaysia, Indonesia;
+ The North borders the Kingdom of Cambodia, with a land border of 56.8km long.

Acreage: 6348

Population: 1.700.000

Topographic:

Delta

Administrative units:

1 city (Phu Ly) and 5 districts (Duy Tien, Kim Bang, Ly Nhan, Thanh Liem, Binh Luc).

Natural resources:

+ Land resources: Kien Giang has a total land area of over 6,340 ha, of which, agricultural land is 570,000 ha, accounting for 89.9% of the natural land area (specifically: rice land 395,000 ha, accounting for 62.34%; land aquaculture 36,000ha, accounting for 5.74%…); non-agricultural land of over 61,000 ha, accounting for 9.73% of natural land area; unused land on 3,374 ha, accounting for 0.37% of the natural land area, suitable for the development of crops such as rice, sugarcane, pineapple, pepper and some other crops of high economic value.
+ Forest resources: Kien Giang is one of the two provinces in the Mekong Delta with the largest forest area, the existing forest area is over 71,000 hectares, of which production forests are over 6,067 hectares and protection forests are over 26,000 hectares., special-use forest on 38,000 ha. Kien Giang's forest resources are quite diverse and rich, including forest ecosystems in hills, islands, coastal mangrove ecosystems and flooded forest ecosystems; forest vegetation has created many unique natural landscapes for many famous tourist areas (such as Phu Quoc, Ha Tien, U Minh Thuong...); store rare genetic resources, including 140 species of rare forest animals. Especially, since 2006, U Minh Thuong National Park, Phu Quoc National Park and Hon Chong Landscape Protection Area have been recognized by UNESCO as biosphere reserves and typical forest ecosystems.
+ Fishery resources: Kien Giang sea area is identified as a potential fishing ground with advantages compared to other provinces and cities in the region for marine economic development. With a coastline of over 200 km, a fishing ground of 63,290 km2, in addition to shrimp, fish and squid sources, there are many precious specialties such as sea cucumbers, blood cockles, tortoises, abalone, pearls and many species of seaweed. used as food and medicine. The whole province has more than 10,000 fishing vessels with a total capacity of over 2 million CV to meet the needs of offshore fishing as well as purchasing and processing seafood for export, the output of which is over 500,000 tons/year... Shrimp farming output of all kinds is 73,390 tons (industrial and semi-industrial shrimp farming has an output of over 15,000 tons), concentrated in districts: Giang Thanh, Kien Luong, Hon Dat, An Minh, An Bien,
+ Mineral resources: Kien Giang is a province with relatively large mineral resources in the Mekong Delta, with limestone reserves of about 440 million tons (the largest in the South) and annual mining reserves of 245 million tons; construction stone reserves of about 120 million tons; clay reserves of 42 million tons; peat reserves of 150 million tons ... meet the source of mineral raw materials for the production of cement, building materials, fertilizers, ...

Travel resources:

Kien Giang is one of the four provinces located in the key economic region of the Mekong Delta that is favored by nature, has diverse terrain, a long coastline with many rivers, mountains and islands, rich in natural resources and diversity. form. Kien Giang is a promising land because of its charming mountains and rivers, the sea remembers the river of love that once entered poetry. The land of Kien Giang is made up of plains, forests, mountains, and islands, so this place converges many scenic spots stretching across 4 main tourist areas, including:
- (1) Phu Quoc: known as a resort paradise, will welcome visitors with clear, romantic beaches, Bai Sao, Bai Dai, Bai Ong Lang, Bai Vung Bau... and high-class tourist services. providing and entertainment, entertainment, from the natural beauty of Suoi Tranh, Suoi Da Ban, Phu Quoc National Park to places with profound humanistic values such as Phu Quoc Prison, Dinh Cau, Ho Quoc Pagoda, Communal house worshiping Nguyen Trung Truc, …
- (2) Rach Gia - Hon Dat - Kien Hai: Rach Gia - the heart of Kien Giang, with the vibrant life of the coastal city will attract tourists by the busy, modern encroaching areas, by the ancient features. The glass of the provincial museum, the dignified and pure features of the pagodas: Tam Bao Pagoda, Big Buddha Temple, Quan De Pagoda, Lang Cat Pagoda, ...
- (3) Ha Tien - Kien Luong and surrounding areas: with Ba Lua archipelago, Hai Tac archipelago and Phu Tu island have made many tourists' hearts flutter and brought many wonderful experiences in the journey. Exploring the sea and islands, mysterious and unique caves of Kien Luong country and "Ha Tien Cross Scene" where the border land will be an interesting and colorful journey.
- (4) U Minh Thuong and surrounding areas: explore the Southern forest - which is recognized by UNESCO as the 8th Ramsar site in Vietnam and the 2,228th in the world, with immense melaleuca forests and thousands of animals. object. And more than that, when visitors find about the glorious historical values, the heroic revolutionary historical relics of our people and army when visiting the complex of relics of the revolutionary base U Minh Thuong, ...

Human resources:

 Population in working age: 55% (in 2020)
 Proportion of the population of working age receiving vocational training: 67% (in 2020)
 Certificate completion rate: 50% (in 2020)

Minimum wage VND 3,430,000 (Region III)


Traffic:

- Distance from Hanoi: 1,967Km;
- Distance from Ho Chi Minh City: 250 km;
- Distance from Da Nang: 1,100 km;
- Distance from Can Tho: 120 km;
- Kien Giang has 200km of coastline; Some important waterways such as the Kien Luong - Ho Chi Minh City route, the Rach Gia - Ha Tien - Phu Quoc route and the Rach Gia - Kien Hai route that are convenient in goods trade, creating tourist attractions. ecology, garden, ...

Power system:

The electricity system was built, upgraded and covered the whole area. Power is received from the national 220Kv, 110Kv power grid through 5 stations with a total capacity of 215 MW, meeting the province's current load demand of 159.6 MW with voltage levels of 220Kv, 110Kv, 35Kv, 22Kv, 10Kv, 6Kv, 0.4Kv provide stable power for living and production.

Water system:

Post and Telecommunication Systems:


Systems Industrial Zone:


The economic structure:


- Industry and Construction: 20.65%
- Service: 42.67%
- Agriculture - forestry - fishery: 32.74%

Growth:


- Growth rate of total product in the area: 3.05%
- Gross product per capita: 2,418 USD/year
- Annual growth rate: 7.23%
- Export: 700 million USD/ Import: 120 million USD (in 2020)
- Growth rate by sector: Industry and Construction sector (5.81%), Service sector (1.92%), Agriculture, forestry and fishery sector (3.43%)

Attracting investment:


In 2020, Kien Giang has granted Investment Registration Certificate for 01 project. Up to now, Kien Giang province has 62 foreign direct investment projects by investors from 19 countries and territories around the world (including: the United States, Switzerland, Malaysia, Australia, (Sweden, China, Thailand, Taiwan, Philippines, Singapore, Cambodia, Japan, Korea, Czech Republic, France, Slovakia, Russia, Cayman Islands and British Virgin Islands) with valid Investment License/Permit Investment certificate/Investment registration certificate with total registered investment capital of 4.8 billion USD. Investment fields focus on tourism, agriculture, processing industry, manufacturing, oil and gas transportation, trade and service, etc.
- Tax incentives, corporate income tax:
+ Preferential tax rate of 10% for a period of 15 years (fifteen years): Income from implementing new investment projects in areas with extremely difficult socio-economic conditions; economic zones established under the Prime Minister's Decision; Income from implementation of new investment projects in the following fields: Scientific research and technological development; high-tech applications are prioritized for development investment; environmental Protection; manufacturing products on the list of supporting industry products prioritized for development....
+ Preferential tax rate of 17% for a period of 10 (ten years): Income from implementing new investment projects in areas with difficult socio-economic conditions; Income from implementing new investment projects: Producing high-grade steel; produce energy-saving products; manufacture and refine feed for livestock, poultry and aquatic products;...
- Incentives on land rent:
+ Exemption of land rent and water surface rent for the entire lease term for investment projects on the list of industries and trades with special investment incentives as prescribed by law.
+ Exemption from land rent and water surface rent during the basic construction period (maximum no more than 3 years) from the date of issuance of the land lease decision.
+ Exemption from land rent and water surface rent after the time limit for land rent and water surface rent exemption after the basic construction period from 03, 07, 11 to 15 years, specific to each field, industry, and first location. in accordance with the provisions of the law.
- Preferential import tax:
+ Exemption of import tax on imported fixed assets for certain projects.
+ 5-year import tax exemption for goods that cannot be produced locally and are imported for a production project in encouraged fields and areas with special socio-economic difficulties.Promising areas for investment
- Fields attracting Korean investment: Manufacturing industry, processing agricultural and aquatic products, leather shoes; clean agriculture; investment and business in technical infrastructure of industrial zones and clusters; recycled energy; tourism, …
- In June 2021, Kien Giang Investment, Trade and Tourism Promotion Center plans to organize an investment promotion forum in Kien Giang province in Ho Chi Minh City.

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