Located at the gateway of Can Tho City an economic center of the Mekong Delta Tra Noc Industrial Park (IP) is not only the oldest IP in the Southwest but also the core for industrial, export, and logistics development in the region. Thanks to its strategic location along the Hau River, with convenient access to airports, seaports, and inter-regional transport networks, Tra Noc IP has attracted hundreds of domestic and foreign enterprises to invest heavily in manufacturing, processing, and export activities.
With synchronized infrastructure, diversified industries, and an impressive occupancy rate, Tra Noc plays a pivotal role in the industrialization of the Southwestern region. So what makes this industrial park sustainably attractive? What advantages should businesses leverage when investing in factory construction here? Let’s explore the details with BIC in the following analysis.
Tra Noc IP consists of two phases: Tra Noc 1 (established in 1995) and Tra Noc 2 (in 1998), covering a total area of approximately 290 hectares, located in Binh Thuy and O Mon districts of Can Tho City. As the oldest IP in the Southwestern region, Tra Noc stands out for its “golden” location and comprehensive technical infrastructure, which meets the needs of key industrial sectors.
- Just 10 km from Can Tho city center, making it convenient for management, operations, and local labor attraction.
- Only 2.5 km from Can Tho International Airport ideal for air freight, especially for fresh goods and time-sensitive exports.
- Adjacent to the Hau River, with an internal port (Tra Noc Port), only 3 km from Can Tho Port and 20 km from Cai Cui International Seaport, facilitating waterway imports and exports.
- Situated along National Highway 91, connecting directly to neighboring provinces such as An Giang, Dong Thap, Hau Giang, and even Cambodia ideal for cross-border trade.
- Fully planned internal roads: 10 meters wide, 2-lane roads suitable for truck and container movement.
- National power grid at 110kV and 220kV, ensuring stable supply for large-scale factories.
- Complete water supply and drainage system, with industrial-grade clean water provided from the internal treatment system.
- Centralized wastewater treatment meeting QCVN standards, saving companies from having to invest in separate systems while ensuring environmental compliance.
- Close to the domestic port, supported by container yards and transportation services that reduce logistics costs and time.
- Easy access to customs, banking, warehousing, and insurance services in Can Tho city, speeding up import/export procedures.
- Presence of multiple supporting enterprises in and around the IP, facilitating the development of closed-loop internal supply chains.
As the largest multi-sector IP in the Southwest, Tra Noc has attracted important industries ranging from agro-aquatic processing to supporting industries, mechanics, electronics, and consumer goods production. As of 2020, Tra Noc IP hosted 190 projects from 107 enterprises, with total registered capital of USD 1.143 billion, of which USD 741 million has been realized accounting for nearly 65% of the registered capital demonstrating its strong development and investor appeal.
- Capitalizing on abundant raw materials, many companies in Tra Noc have established processing plants for pangasius, shrimp, fruits, rice, and vegetables for export to major markets like the EU, USA, and Japan.
- Seafood processing here not only holds a large share in the region’s industrial structure but also enhances the global reputation of Vietnamese agricultural products.
- Notable companies: Cuu Long Seafood Import-Export JSC, Nam Hai Co., Ltd., Agifish, Vinh Hoan Food (with satellite factories).
- Tra Noc attracts garment, consumer goods, and pharmaceutical companies thanks to stable infrastructure, suitable land plots, and abundant labor.
- Chemical, animal feed, and fertilizer plants operate efficiently here, supported by national-standard wastewater treatment systems.
- The presence of pharmaceutical firms indicates a shift of light high-tech industries to the Mekong Delta due to favorable policies and lower competition.
- Mechanical firms in Tra Noc specialize in manufacturing seafood processing equipment, machinery parts, and light industrial materials.
- Electronics and basic components have also begun to appear, ideal for investors seeking medium-sized land plots with low initial capital.
- Supporting industries such as packaging, water treatment chemicals, cold storage, and logistics are developing to assist core production sectors.
- Notable companies: Minh Phat Engineering, Anh Sang Packaging, Vinataba Can Tho, Hau Giang Pharmaceutical.
Tra Noc is an attractive destination for both domestic and foreign investors, particularly from Japan and South Korea. With a high occupancy rate and the presence of major companies, Tra Noc significantly contributes to Can Tho's and the Mekong Delta’s economic growth.
- Vinataba Can Tho: Tobacco production, a key player in the region’s light industry.
- Vissan: Leading food processor, supplying meat and ready to eat products domestically and abroad.
- Cadivi: Manufacturer of electric wires and cables for construction and energy infrastructure.
- Hau Giang Pharmaceutical (DHG): Top pharmaceutical company producing and distributing medicine and supplements.
- Anh Sang Packaging: Produces plastic and carton packaging for the processing and export industries.
- Minh Phat Engineering: Supplies mechanical equipment and machinery to factories in the park and surrounding areas.
- Nidec Tosok Vietnam: Japanese firm producing electronic and precision mechanical components for global tech corporations.
- SK Networks: South Korean conglomerate operating in trade and distribution, with a representative office in Tra Noc.
- Tae Kwang Can Tho: South Korean footwear manufacturer with a large factory in Hung Phu 2B IP, near Tra Noc.
- As of September 2023, Tra Noc 1 IP reached 100% occupancy, while Tra Noc 2 achieved 96%—the highest among Can Tho’s IPs.
- Tra Noc IP has attracted 190 projects from 107 companies with total registered capital of USD 1.143 billion. USD 741 million has been disbursed, accounting for 64.85% of registered capital.
- Among 29 FDI projects across Can Tho’s IPs, Tra Noc accounts for a significant share, highlighting its strong appeal to foreign investors.
- Tra Noc businesses have created tens of thousands of jobs for local residents, reducing unemployment and raising income levels.
- Annual contributions to the state budget reach around VND 2,000 billion, forming a major portion of Can Tho’s total revenue.
- It has promoted the development of supporting industries, logistics services, and technical infrastructure in the region.
Tra Noc IP offers not only strategic location and robust infrastructure but also attractive tax and investment support policies, creating favorable conditions for sustainable business development in the Mekong Delta.
New investors at Tra Noc IP may enjoy the following CIT benefits under Vietnamese law:
- 2 years of tax exemption from the first year of taxable income.
- 50% tax reduction for the following 4 years.
Note: Companies must meet specific eligibility criteria and complete the required procedures to benefit from these incentives.
Can Tho City has launched an online public service portal to simplify administrative procedures such as business registration, construction permits, and other related formalities, ensuring speed and transparency.
Additionally, the Can Tho Public Administration Center at 109 Nguyen Trai Street, Tan An Ward, Ninh Kieu District, supports businesses in resolving procedures fostering a friendly and efficient investment environment.
Tra Noc IP is located in a region with abundant labor, supported by training institutions and local job service centers. Businesses regularly collaborate with the Can Tho Employment Service Center to organize job fairs and recruit general workers and technicians.
Some companies also partner with universities, colleges, and vocational schools to train and recruit fresh graduates, ensuring a steady supply of skilled labor.
As the first and largest IP in the Mekong Delta, Tra Noc plays a central role in the region’s industrialization and modernization. With over 25 years of development, it has become the leading FDI destination in Can Tho City, hosting key industries like agro-aquatic processing, mechanics, packaging, electronics, and cosmetics.
Not only has it generated tens of thousands of jobs for local workers, but Tra Noc has also shaped a sustainable industrial development model for this agriculturally dominant region.
As a vital link in Can Tho’s industrial chain, Tra Noc maintains strong connectivity with:
- Hung Phu IP: Focused on light industry, near Cai Cui Port, supports waterway exports.
- O Mon IP: Prioritizes supporting industries and energy development.
- Thot Not IP: Located in northern Can Tho, focuses on logistics and agricultural processing.
This network forms an interconnected industrial ecosystem and distributes production, storage, transportation, and export functions across the region.
According to the regional development plan through 2030 (vision 2045), Can Tho is positioned as the economic engine of the Mekong Delta. Tra Noc IP is among the key planned zones prioritized for attracting high-tech, eco-friendly, and agro-aquatic processing investments for export.
Tra Noc is expected to continue leading, acting as a bridge between modern industrial production and the region’s rich agricultural resources facilitating a shift from extensive to intensive growth for the Mekong Delta.
With its strategic location in central Can Tho, synchronized infrastructure, excellent transport and port connectivity, and an industrial ecosystem developed over 25 years, Tra Noc Industrial Park is the top choice for businesses in processing, export, and logistics in the Southwestern Mekong Delta.
Contact BIC now for consultancy on zoning, factory design, and construction implementation at Tra Noc IP the solid foundation for your enterprise’s sustainable and effective development.
