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| On the back of strong investment flows into Vietnam, the highly successful Vietnam Singapore Industrial Park (VSIP) has expanded from the southern economic zone (Binh Duong’s Thuan An and Ben Cat districts) to the northern economic zone of Vietnam (Bac Ninh and Hai Phong City), owning a substantial land bank of 4,845 hectares when all four projects are fully developed.
A symbol of bilateral economic cooperation, the VSIP projects enjoy strong support from the central and provincial governments, facilitating prompt delivery of prepared land to customers. The properties have evolved from traditional industrial parks to integrated industrial townships that will transform the landscape with improved urban planning and modern facilities. Uniquely integrating “Work, Live and Play” elements, these are Singapore-style urban developments localised to suit the demands of the Vietnam market, with a focus on long-term sustainability and quality development.
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| While the maiden VSIP is zoned for predominantly industrial use, the other VSIP properties comprise mixed-use developments. VSIP Binh Duong, located in the new Binh Duong City, offers 1,345 hectares of industrial and 700 hectares of commercial and residential space. VSIP Bac Ninh, strategically located minutes from Hanoi, offers 500 hectares of industrial and 200 hectares of commercial and residential space.
When fully developed, VSIP Hai Phong will span a massive 1,600 hectares, providing excellent amenities in its 1,100-hectare commercial and residential zone and 500-hectare business & clean industry park. VSIP Hai Phong’s signature 4-kilometre long waterfront, metropolitan centre and business district form three development axes of this unique township. It will also share borderless space with Hai Phong City’s new government administrative and political centre, tourism cruise terminal and university town. A Singapore-style urban development that integrates conservation measures to preserve its natural environment, VSIP Hai Phong represents a showcase for long-term sustainable urban development.
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Special Features |
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Integrated township elements include office blocks, shopping malls, educational institutions, hospitals, villas and high-rise apartments |
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Excellent connection via efficient transportation network; Proximate to sea and air ports |
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Preferential duties under the ASEAN Free Trade Agreement |
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On-site customs office and logistics hub |
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Dedicated investment Management Board appointed by the Vietnamese government in Binh Duong Province to grant investment licenses and facilitate permits |
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The Vietnam Singapore Technical School, jointly initiated by the Singapore and Vietnam governments, provide VSIP's tenants in Binh Duong Province with skilled workers |
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VSIP Hai Phong |
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Located in Hai Phong City, the third largest city and one of five Grade 1 cities in Vietnam; and gateway to the Ha Long Bay World Heritage Site |
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Attractive investment incentives accorded under the Dinh Vu – Cat Hai Economic Zone scheme |
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Features Vietnam’s first integrated food processing zone, which includes facilities such as cold storage, weighing station, vehicle charging bay and warehouse. Focuses on the processing of fruits, vegetables and horticultural products |
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Addresses |
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South Vietnam
Vietnam Singapore Industrial Park J.V. Co. Ltd
8 Dai Lo Huu Nghi
Thuan An District, Binh Duong Province
Vietnam |
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North Vietnam
Vietnam Singapore Industrial Park and Township Development Joint Stock Company
No. 1, Huu Nghi Boulevard, Phu Chan Commune
Tu Son Town, Bac Ninh Province
Vietnam |
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