Located at the gateway of the Northwestern region of Vietnam, Yen Bai is a province with an important economic geographic location. Yen Bai is the center of the Northern Midlands and Mountains, bordering with Tuyen Quang and Ha Giang, Phu Tho, Son La, Lai Chau and Lao Cai.

With a diverse and convenient transportation system, Yen Bai has the trans-Asia railway: Hanoi - Lao Cai - Kunming (China) runs through the area with a total length of 83 km. Yen Bai also has two main waterways which are the Red River and the Thac Ba Lake. The Red river waterway from Yen Bai city goes to Hanoi and then to Hai Phong port and the reverse line goes to Lao Cai international border gate.

Yen Bai province has four national roads which have been synchronously built that help transportation convenient. Especially, the Noi Bai – Lao Cai Expressway running through Yen Bai province shortens time and reduces expenses from Yen Bai to economic regions in Ha Noi, Lao Cai, Hai Phong as well as other regions in China and other countries in ASEAN through Hai Phong port and Lao Cao national border gate. These are importan roads for Yen Bai to develop industry, commerce, service as well as promote trade with other provinces in the region.

Now, Yen Bai has 3 industrial zones which are in the plan for the development of national industrial zones, they are Southern industrial zone, Minh Quan industrial zone and Au Lau industrial zone with total area of 632 ha.

The Southern industrial zone has area of 400 ha which is located in Van Tien commune in Yen Bai city and Van Lang commune in Yen Binh district. The industrial zone is next to Hanoi-Laocai railway and 70 national road, far from about 160km to the south of Hanoi, about 180 km to Laocai bordergate and 15 minutes to the Interchange 12 links to Noi Bai – Lao Cai Expressway.

The Southern Industrial park has been well-equipted with electricity, water supply, transport and communication systems to meet the needs of investors investing in this industrial zones. Road system was built to ensure convenient transportation between factories in the industrial zone and external contact ...

Up to now, there have been 31 projects registing to invest in the Southern industrial zone with the total area of more than 125 ha and total capital of more than 3,9 thousand million VND.

Currently, the remaining land area of ​​the industrial park including leased industrial land and other infrastructure works are 251 hectares, revelant to occupied rate is nearly 50%.

Over the past few years, most of the enterprises in the industrial zone have worked stably, the annual growth rate of is always higher than that of the previous year. Many enterprises have expanded production scale, contributing to the socio-economic development of the province.

Yen Bai province has attracted investment projects to develop infrastructure in the Southern indusrtial zone and investment projects in field of producing high-level construction materials, mineral processing industry; iron and steel industry; agricultural and forest product processing industry; stone powder, plastic…

Minh Quan Industrial Zone which has  area of 112 ha, located in Minh Quan commune, in Tran Yen district and Phuc Loc commune, in Yen Bai city. The industrial zone is next to 31 National Road and far from Noi Bao-Lao Cai Expressway about 0,4km; far from Ha Noi about 155 km to the South and Lao Cai 185 km to the North.

This industrial zone is oriented to attract enterprises producing construction materials; mineral processing, agricultural and forest product processing industry.

At present, the infrastructure works in the industrial zone are being gradually built to meet the needs of investors The total area of ​​industrial land allocated to investors in Minh Quan Industrial Zone is 5.1 ha; the remaining area for rent is 36.3 ha.

This industrial zone is oriented to attract enterprises in building infrastructure in industrial zone, producing construction materials; mineral processing, agricultural and forest product processing industry, chemical industry; consumer goods production…

Au Lau Industrial zone has area of 120 ha in Au Lau commune, Yen Bai city and Minh Tien commune, Tran Yen district; The industrial zone is located near 37 nationl road, Noi Bai – Lao Cai Expressway and near tea, cinamon, wood material zones…of ​​the neighboring districts.

So far, Au Lau has been invested in building transportation, electricity and water which meet the need of investors. However, only used 12 hectares of the zone has been leased, accounting for 14.98%.

Au Lau Industrial Park has 68.91 hectares of industrial land for rent, Yen Bai province is encouraging to attract investment projects on infrastructure construction; projects on garment industry, electronic assembly industry, handicrafts and mechanical industry, agro-forestry processing industry.

In the coming years, Yen Bai province will focus on attracting investment in high technology industries, infrastructure construction, manufacturing mechanical industry, electricity, electronic components… attracting investors of big economic groups; Investment projects on the production of products of high scientific and technological value, capable of contributing significantly to the budget and socio-economic development of the province.

With the objective of building industrial zones with modern, environmentally friendly infrastructure, when coming to Yen Bai investors will receive preferential investment policies of the Government and the province. Yen Bai province issued Decision No. 09 dated 20/6/2017, regulating policies to encourage investment in industry, service, tourism and hi-tech agriculture in Yen Bai province in the period of 2017-2020.

Conditions for supporting

- Investment Projects on industry (excepting for projects on mineral processing, projects using preferential credit capital; Projects in the field of conditional investment entitling to incentives in accordance with the regulations of the Government) with investment capital of 200 million VND, particularly, investment projects on processing agricultural and forest products with total investment capital of 60 billion VND.

Investment Projects on  constructing infrastruture in industrial zone; investment projects on high tech application agriculture, new product processing, clean energy, reneable energy in line with the approved plannings, bringing about high economic – society efficiency and friendly with the environment.

New investment projects or expanded scale projects and investors must ensure the committed schedule.

Policies for support:

Investors who implement investment projects in industrial zone will be  supported 50% of grounding cost leveling but the support fee do not exceed 3 billion VND per project.

Yen Bai province has invested in building infrastructure of transportation, electricity, water in industrial zone.

Investors who build and trade in infrastructure in the industrial zone will be supported 50% of the construction investment cost but the cost do not exceed to 3 billion VND for investors having an area of from 30 ha to under 50 ha and not exceed to 5 billion VND for investors having area of xexploiting of more than 50 ha.

Yen Bai province provides investors with free advertising, introducing image and products on Website and other channels on Yen Bai provincial People Committee. Provincial departments are responsible for providing free of charge information on the investment environment, plans and other information.

In the coming time, Yen Bai will continue to focus on improving the investment and business environment; promoting administrative procedures reform, creating conditions for enterprises to implement projects to make Yen Bai become attractive destinations for domestic and foreign investors.