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GUIDE FOR FOREIGN INVESTMENT IN VIETNAM HOCHIMINH |
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Page 1 of 4
GUIDE FOR
FOREIGN INVESTMENT IN VIETNAM HOCHIMINH SAIGON VIETNAM
Factory Leasing Costs:
Foreign investors may lease factories at industrial zones, export
processing zones to implement investment projects. At industrial zones, for
example:
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IZs and EPZs
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Land rental prices (USD/m2/month
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Factory rental prices (USD/m2/month
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Period of renting
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Tan Thuan
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108 - 110
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3,5 - 4,5
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maximum 38 years
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Linh Trung II
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42 - 45
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maximum 45 years
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Tan Tao (GD II)
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59 - 80
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2,2 - 3.0
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maximum 46 years
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Hiep Phuoc (GD II)
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28 - 30
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maximum 44 years
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Le Minh Xuan
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45 - 50
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2,2 - 3,0
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maximum 43 years
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Tay Bac Cu Chi
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30 - 49
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maximum 43 years
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Cat Lai II (GD II)
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40 - 45
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maximum 48 years
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Phong Phu
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40 - 45
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maximum 47 years
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In addition, Leasing rate will be changed respectively depending on
leasing duration, terms of payment and using areas. Investors may lease
factories outside IZs and EPZs to setting up projects in accordance with
agreement conditions and negotiation terms between investors and owners.
Rental rate: 0.06 USD/m2/years - 12 USD/m2/years.
Office leasing fee (central location):
Lowest price is 14USD / m2 / month, the average price is 25USD / m2, and
the highest price is 35USD/m2.
Telecom. fees:
According to the Decision 809/ 2000/ QD-TCBD
Telephone installation cost : for short calls, inter-provincial,
international and facsimile is $77,67USD (currency rate 1USD= 15,450VND).
Calling costs( urban areas ) :
- up to 200 minutes: 0,007USD/minute
- From 201minutes to 1000 minutes: 0,0051USD/minute
- Over 1000 minutes: 0,0026USD/minute
Mobile phone installation cost : 19,42USD
(currency rate 1USD= 15,450VND).
Calling costs :
- Inside areas: 0.12USD/ minute (currency rate 1USD= 15,450VND).
- Outside areas: 0.16USD/ minute (currency rate 1USD= 15,450VND).
- Near-side areas: 0.16USD/ minute (currency rate 1USD= 15,450VND).
Internet connection fees : VNN network
Internet access fees: 0.26 cent
Note: The above costs is exclusive VAT
Water supplying fee:
- Water rate for production: 0.26USD/per m3.
- Water rate for services: 0.42USD/per m3.
Water Supply rates according to Decision 10/2000/QD-UB-DT dated on
29/02/2000
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VND
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USD
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I.
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Water supply rate for household using:
- Under 4m3/ household/ month
- From 4m3 to 6m3/ household/ month
- From 6m3 to 10m3/ household/ month
- Over 10m3/ household/ month
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$1,700/m3
$2,500/m3
$3,200/m3
$4,000/m3
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$0,11/m3
$0,16/m3
$0,21/m3
$0,26/m3
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II.
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Water supply rate for production
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$4,000/m3
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$0,26/m3
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III.
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Water supply rates for trading and services
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$6,500/m3
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$0,42/m3
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Note: Exchange rate: $1USD = $15,750VND (April 2004)
These
rates included additional charge for clean water supply.
Electricity fee:
Electricity rates for foreign enterprises and foreign household
(Pursuant to the Circular 05/1999/TT-LT/BVGCP-BCN dated on 24th Sept,1999)
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I/
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Electricity rates for production:
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VND
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USD
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1.
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110 KV power supply and more
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- Normal hours
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$830
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$5.4c
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- Off peak hours
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$440
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$2.8c
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- Peak hours
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$1410
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$91.26c
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2.
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22KV - under 110KV power supply
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- Normal hours
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$890
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$6.33c
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- Off peak hours
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$480
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$3.10c
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- Peak hours
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$1,661
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$9.77c
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3.
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6KV- under 22KV power supply
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- Normal hours
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$950
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$6.14c
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- Off peak hours
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$520
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$3.36c
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- Peak hours
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$1600
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$10.35c
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4.
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Under 6KV power supply
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- Normal hours
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$1020
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$6.60c
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- Off peak hours
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$560
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$3.62c
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- Peak hours
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$1600
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$10.35 c
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II/
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Electricity rates for trading and serving
business
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1.
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More than 22KV power supply
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- Normal hours
- Off peak hours
- Peak hours
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$1260
$690
$2110
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$8.15c
$4.4c
$13.6c
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2.
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6KV- under 22KV power supply
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- Normal hours
- Off peak hours
- Peak hours
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$1400
$760
$2360
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$9.06c
$5.97c
$15.27c
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3.
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Under 6KV power supply
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- Normal hours
- Off peak hours
- Peak hours
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$1530
$850
$2550
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$9.9c
$5.5c
$16.5c
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III.
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Electricity rates for foreign household
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- 22KV power supply and more
- 6KV - under 22KV power supply
- Under 6KV power supply
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$1200
$1330
$1470
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$7.76c
$8.6c
$9.51c
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Note:
Normal hours: from 4.00 am - 4.00 pm
exchange rate $1USD = 15750 VND ( 04/2004)
Peak hours: from 4.00 pm - 10.00 pm
Off peak hours: from 10.00 pm - 4.00 am
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