Manufactured at MISAKI Vietnam Co., Ltd. in Thanh Binh Industrial Park
As an agricultural and food processing enterprise operating in Thanh Binh Industrial Park, with its business acumen and the support of the province, Vietnam MISAKI Company Limited has become a trusted partner of farmers in the area. Grasping the consumption trend of agricultural and food products in the Asian market, and at the same time assessing the advantages of Bac Kan , MISAKI Company has determined to focus on trading, producing and processing agricultural and food products for export.
With a food processing process that meets export standards to the Japanese market and is granted an international HACCP certificate, starting with apricots and instant pickled ginger, MISAKI Company continues to develop many new products such as pickled shallots, mustard greens, radishes, bamboo shoots, cucumbers, etc.
To obtain a source of raw materials with guaranteed quality and stable output for production and processing, Vietnam MISAKI Company Limited regularly visits and understands the terrain and facilities in Bac Kan province to find locations, connect and guide farmers to grow agricultural products. Step by step, persistently accompanying the people, up to now, the raw material areas for growing ginger, radish, pickled shallots, mustard greens, cucumbers, apricots, etc. have been established in almost all districts of Na Ri, Pac Nam, Cho Don, Ba Be, Bach Thong, and Cho Moi. On average, every year, Vietnam MISAKI Company Limited purchases from the people more than 10,000 tons of various agricultural products.
The business support policies have created leverage for the Company to develop production. In particular, regarding corporate income tax, MISAKI Company is exempted from tax for the first 4 years, and has a 50% reduction in the tax payable for the next 9 years when implementing new investment projects in the socio-cultural sector in areas with particularly difficult socio -economic conditions; and enjoys preferential investment policies on land rent exemption according to Government regulations.
Along with that, Vietnam MISAKI Company Limited is implementing the Project to support the development of production linked to the ginger value chain in Dong Xa commune, Na Ri district under the National Target Program on socio-economic development in ethnic minority and mountainous areas from 2024 to 2025. In addition, the Company is supported by the Agricultural Business Investment Promotion Fund (APIF) under the Business Support Project for Farm Households in Bac Kan Province (CSSP) to implement the project "Expanding the scale of production and developing raw material areas for some agricultural products in Bac Kan province" from 2021 to 2023.
According to Ms. Hoang Thi Lap - Director of Vietnam MISAKI Co., Ltd., currently, in addition to the Japanese market, the Company has exported products to the Singapore and Korean markets... Thanks to the support of the Central and the province in terms of tax policies and support for production development, in the coming time, the Company will continue to expand the production linkage area, at the same time equipping more modern machinery lines, expanding the factory to meet the increasing demands of customers in terms of quantity and quality.
In addition to MISAKI Company and GOVINA Investment Joint Stock Company, the investor of the wood processing factory is entitled to a financial support policy of 3 billion VND according to Resolution No. 05/2019/NQ-HDND dated April 17, 2019 on policies to encourage enterprises to invest in agriculture in Bac Kan province.
Along with the implementation of the Central Government's policies, Bac Kan province has issued many favorable policies to promote investment attraction and industrial development. In particular, the Provincial People's Council has issued Resolutions related to industrial development policies such as supporting investment in technical infrastructure, supporting rental prices, encouraging enterprises to invest in agriculture... specifically in Resolution No. 08/2018/NQ-HDND dated July 17, 2018 on approving the program to support investment in technical infrastructure of industrial clusters in Bac Kan province until 2025; Resolution No. 09/2018/NQ-HDND dated July 17, 20218 on supporting rental prices for small and medium enterprises in industrial parks and industrial clusters in Bac Kan province; Resolution 05/2019/NQ-HDND dated April 17, 2019 on policies to encourage enterprises to invest in agriculture in Bac Kan province...
The industrial sector has made a breakthrough in recent years, with the production index of the entire industry in 2024 compared to 2023 increasing by 11.73%. The added value of the entire industry in 2024 reached 642 billion VND, an increase of over 11%. The industrial production value reached 2,023.72 billion VND, an increase of over 13% compared to 2023 and exceeding the 2024 plan by 6.51%. In the first quarter of 2025, the industrial production index increased by 22.2% over the same period, belonging to the group of localities with high growth rates nationwide.
In addition to these results, the province's industrial development support programs and policies still have some limitations because many investors do not have the need to register to implement the policies. Most of the enterprises are small and medium enterprises, without a legal department, so the organization and implementation of policies is limited, while the provincial budget for investment support is still limited. Regarding Huyen Tung Industrial Cluster - the only industrial cluster in the province that has completed technical infrastructure, however, the investment in infrastructure construction is carried out by secondary investors, so it has not been implemented according to the Resolution of the Provincial People's Council.
The Provincial People's Council's monitoring delegation supervises the implementation of investment programs and policies at Thanh Binh Industrial Park.
Through monitoring the implementation of investment support policies and programs in Thanh Binh Industrial Park and industrial clusters in the province, the working group of the Provincial People's Council recommended that in the coming time, the Provincial People's Committee continue to review and evaluate the implementation of support policies and programs in the industrial sector, thereby proposing adjustments and repeal of expired resolutions and changes in the basis for implementation; directing investors to speed up project progress; agencies, units and localities to strengthen propaganda work to guide enterprises to access current investment support and incentive policies and programs; strengthen investment promotion and attract industrial development in the area./.
Source: https://backan.gov.vn/Pages/thuc-day-phat-trien-cong-nghiep-tu-chinh-sach-uu-dai-7f2b.aspx
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