Quang Binh

Contact
Mr. Vo Thanh Duc - Deputy Director of Quang Binh Investment Promotion and Consultancy Center
84.982 092 915
vtduc74@gmail.com
Evaluation of investment environment
Quang Binh Province is located in the central region of Vietnam, on the East-West Economic Corridor, Quang Binh is the closest point from Vietnam to Laos, the Northeast of Thailand and Myanmar with a length of about 250km. Quang Binh has a very convenient transportation system with railways, waterways, airports and deep-water ports and roads running directly to the international border gate with Laos.
Well - known as the "Kingdom of the caves". Quang Binh province has Phong Nha - Ke Bang National Park, twice recognized by UNESCO as a World Natural Heritage Site with geological, geomorphological, biodiversity and environmental landscapes, including Son Doong Cave - the world's largest and most beautiful cave. The magnificent cave combined with the famous beautiful beaches running along the 116 km coastline with many pristine beauty and convergence is eligible for tourism to become a key economic industry. Every year, Quang Binh has welcomed more than 3 million tourists; The New York Times has voted Quang Binh as the 8th in the 52 most attractive travel destinations on the planet and the most attractive destination in Asia.
Quang Binh is also a province with strengths in developing renewable energy; manufacturing and processing industry; forestry, fisheries and clean agriculture with high technology. >> Detail
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Quang Binh Investment Promotion and Consultancy Center
Address: Road 23/8, Dong Phu Ward, Dong Hoi City, Quang Binh Province
Phone: +84 232 3.824 635
Fax:
Email: info@investinquangbinh.vn, cip.quangbinh@gmail.com
Website: http://investinquangbinh.vn/vn/trang-chu.html
The priority areas: encourage investment in the areas where Quang Binh has strengths and are prioritizing investment attraction such as: + Tourism and services: Tourism; hospitalities, restaurant; amusement parks; shopping mall; travel and tourism services, etc. + Processing and manufacturing industries, parts manufacturing plants, electronic equipment, hi-tech equipment, auxiliary industries; factories producing construction materials; export wood processing factory; seafood and seafood processing factory for export, + Clean energy, renewable energy, priority to invest in wind power factory; + Agriculture using high technology in cultivation and husbandry: producing clean agricultural products for export; look after medicinal plants; invest in rearing and processing cattle (pigs, cows) for export, etc. + Investment in infrastructure of industrial parks; infrastructure in economic zones; infrastructure of urban areas, residential areas; ..

Geographical location: The geographical coordinates in the mainland are:
+ North pole point: 18005 ’12" North latitude
+ The southernmost point: 17005 ’02" North latitude
+ Easternmost point: 106059 ’37" East longitude
+ The westernmost point: 105036 ’55" East longitude
Quang Binh borders with Ha Tinh province to the North; the East Sea to the East, Laos to the West, and Quang Tri Province to the South.

Acreage: 8.065,3 km2

Population: 893.000

Topographic: The provincial topography is narrow and sloping from the West to the East. Hilly and mountainous land occupies 85% of the natural area. The total area is divided into specific geological zones: mountainous, hilly and midland, lowland and coastal sandy area.

Administrative units: 08 administrative units, including: Dong Hoi City; Ba Don town; Districts: Quang Trach, Bo Trach, Tuyen Hoa, Minh Hoa, Quang Ninh and Le Thuy.

Natural resources: Land resources: Quang Binh land is divided into two main types: alluvial soil in lowland and ferralite soil in mountainous areas. There are 15 land types with main groups as sandy, alluvial and barren soil. The barren soil laying mainly in the mountainous districts in the West accounts for over 80% of natural area of the province. Sandy dunes account for over 5,9% and alluvial soil accounts for 2,8%.

Flora and fauna: Quang Binh is located in the biological zone of northern Truong Son range with a unique and diversified fauna and flora of many rare and precious species. The Kast Phong Nha - Ke Bang reservation zone contains a typical biological diversity.

Fauna diversity: There are 493 species, 67 kinds of animal, 48 kinds of reptile, 297 kinds of bird and 61 kinds of fish....Many rare and precious animals can be found in this area such as Ha Tinh langur, bear, tiger, Saola, Giant muntjact, lophura with white tail, lophura with black crest, pheasant and others.

Flora diversity: Quang Binh has 486,688 ha of forest including 447,837ha of natural forest and 38,851ha of planted forest. Pine forests cover 17,397 ha. The barren land occupies 146,386ha. Flora is diversified and divided into 138 families, 401 branches and 640 species. There are various kinds of precious wood such as ironwood, sindora vietnamiensis, ebony, fragrant wood, pine, rattan, etc. Quang Binh is one of the provinces which contains a big reserve of wood. At present the total wood reserve is 31 million m3.

Marine and coastal resources: Quang Binh has 116.04km of coastline and 5 estuaries including 2 big ones. There are seaports namely Nhat Le,



Dong Hoi Night

Gianh, Hon La. Hon La gulf, which is of 4km2 water surface, over 15m depth and surrounded by the islands of Hon La, Hon Co, Hon Chua, allows 30,000 – 50,000 tons ships to shelter without excavation. A large area of over 400ha of the mainland is a convenient condition for building an industrial zone and a deep water seaport.
The province enjoys beautiful landscapes along the sea. The sea platform with an area of 2.6 times bigger than the mainland creates a large fishing zone which provides a potential volume of about 100,000 tons of sea products. There are1650 kinds of sea products, including precious kinds such as lobster, tiger shrimp, cuttlefish, holothurians, coral. In the north of Quang Binh is located a white coral island with the area of tens hectare. This is not only a valuable resource of material for making artistic products but also forms an ecological area for the coral system. All these conditions enable the province to develop a comprehensive coastal economy.

Water surface for aquaculture: With 5 estuaries, Quang Binh has a large water surface for aquaculture. The total area of the water surface is 15,000 ha. As the salted proportion is varying within 8 – 30%o and pH proportion within 6.5 - 8 in the area from the estuary to 10 - 15km far way, it is very convenient to raise shrimp and crab for export. Semi-tide regime in costal area is good for water provision and drainage in shrimp and crab ponds.

Water resources: Quang Binh has a large system of rivers and streams with the density of 0,8 - 1,1km/km2. 5 main rivers are named Ron, Gianh, Ly Hoa, Dinh and Nhat Le. There are3 160 natural and artificial lakes with expected capacity of 243.3 million m3.

Mineral resources: Quang Binh has various kinds of metal minerals such as gold, iron, titanium, pyrites, lead, zinc and none-metal materials as kaolin, quartz, limestone, marble, granite. In particular, limestone and kaolin of big volume provide favorable conditions for development of big scale of cement and construction materials. A hot water stream at 1050C is located in the province. Gold potential enables to develop gold mining and processing industry.

Travel resources: Quang Binh land spreads out as a nice picture with mountains, sea, landscapes and famous spots as Ngang pass, Ly Hoa pass, Nhat Le estuary, Hac Hai lagoon, Cong Troi (Heaven gate), etc., especially, the natural heritage of Phong Nha – Ke Bang.

Human resources: The labor force in the all age groups is over 532,000 people, accounting for 64.5% of the total population.
Trained: 336,000 people, accounting for 63%.
Untrained: 196,000 people, accounting for 37%

Traffic: Quang Binh has a fairly synchronous transport infrastructure system including airports, seaports, roads, railways and riverways.
 + Roads: Convenient transport system (National Road 1A, Ho Chi Minh road, North - South railway) runs along the length of the province.
* Name and number of national highways passing through: National Road 1A; Highway 9B; Highway 12A; Highway 12C; Highway 15A; Ho Chi Minh Road (East Turn); Ho Chi Minh Road (West Turn).
* Name and number of provincial roads: 19 provincial roads with a length of about 392km
* Vision to 2030
+ Railway: North - South railway runs through and has main station in Dong Hoi city
* Name and number of national railways running through: North - South Railway

Hon La Seaport and 06 domestic ports (Len Bang Port; Van Hoa; Duc Toan; Quang Truong; Ngoc Thanh Petroleum Port; Nhat Le Port). Hon La seaport can accommodate ships of 3-5,000 tons in and out; cargo clearance capacity reaches 3 million tons / year.
Vision to 2030: Can accommodate ships of 7,000 tons in and out; cargo clearance capacity reaches 7 million tons / year.

Power system: There are 9 110KV power stations, 2 220 KV power stations
According to the electricity price set by the Ministry of Industry and Trade; installation services, repair quick response, synchronization.
The national grid system is 220kV and 110kV synchronous, warrantee for supply of electricity to investors.

Water system: 07 clean water plants and 113 clean water works clusters in the province. Capacity: about 70,000 m3 / day. Over 85% meet for industrial parks and residential areas. 01 waste treatment plant with Capacity of 245 tons / day and night Factories and wastewater treatment systems: 02 factories with capacity of 10,500 m3 / day * About 30% met for Industrial, Residential

Post and Telecommunication Systems:

Systems Industrial Zone:

The economic structure:


- Economic structure:

Year

2017

2018

Estimated 2019

Agriculture - Forstry - Aquaculture

18,4 %

18,8%

18,1%

Industries – Construction

26,4%

26,7%

26,9%

Services

55,2%

54,5%

55,0

Growth:


- GRDP growth:

Year

2017

2018

Estimated 2019

Total GRDP (billion VND)

30.533

33.196

36.146

Growth rate (%)

6,62

7,03

7,20


- GRDP per capita:


Year

2017

2018

Estimated 2019

GRDP (per capita - million VND)

34,6 

37,4 

40,5 

Growth rate (%)


Attracting investment:


Domestic investment in 2018-2019:
+ Number of projects: 99 projects
+ Total registered investment capital: VND 12,573 billion.
Foreign direct investment in 2018 - 2019:
+ Number of enterprises: 03 enterprises
+ Number of projects: 03 projects
+ Total registered investment capital: 650.2 billion dong
Encourage investment in the areas where Quang Binh has strengths and are prioritizing investment attraction such as:
+ Tourism and services: Tourism; hospitalities, restaurant; amusement parks; shopping mall; travel and tourism services, etc.
+ Processing and manufacturing industries, parts manufacturing plants, electronic equipment, hi-tech equipment, auxiliary industries; factories producing construction materials; export wood processing factory; seafood and seafood processing factory for export,
+ Clean energy, renewable energy, priority to invest in wind power factory;
+ Agriculture using high technology in cultivation and husbandry: producing clean agricultural products for export; look after medicinal plants; invest in rearing and processing cattle (pigs, cows) for export, etc.
+ Investment in infrastructure of industrial parks; infrastructure in economic zones; infrastructure of urban areas, residential areas; ...

Geographical areas of priority and encouragement:
+ Specially encouraged investment areas: Bo Trach, Tuyen Hoa and Minh Hoa districts.
+ Areas where investment is encouraged: Ba Don Town, Quang Trach, Quang Ninh and Le Thuy Districts.

Preferential policies and investment support
For projects outside IZs and ICs: When investing in Quang Binh, apart from enjoying the highest preferential level of the Government (The State recognizes and protects the ownership of assets, investment capital, income and other legitimate rights and interests of investors; exemption and reduction of corporate income tax; exemption of import tax for goods imported to create fixed assets; raw materials, supplies and components for implementation. investment projects; exemption, reduction of land rent, land use fee, land use tax, ...), investors are also supported by the province in the fields encouraged to invest. Currently, we have a relatively synchronous policy to attract investors such as support for site clearance, accompanying investors to introduce, survey, and formulate projects. Supporting investment in outside fence works, such as: electricity, water, roads to the works place, as well as organizing the training of officials and workers for investors.

Relevant legal documents:
- Resolution No. 19/2019 / NQ-HDND dated July 18, 2017 of the People's Council of Quang Binh province, providing for a number of preferential policies and investment support policies in Quang Binh province;
- Decision No. 45/2017 / QD-UBND dated November 7, 2017 of the Provincial People's Committee, regulating procedures for implementing a number of investment incentive policies and investment support in the province according to Resolution 19/2017 / NQ-HDND dated July 18, 2017 of the Provincial People's Council.

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