VSIP industrial park model | Overview of Viet Sing industrial park

VSIP industrial park model | VSIP Industrial Park, also known as Vietnam – Singapore Industrial Park, was formed based on the economic cooperation support of the governments of Vietnam and Singapore.

Reference residential area models

A joint venture between Becamex IDC Group and a coalition of Singapore companies represented by Sembcorp Development.

• Sembcorp Development is owned by the energy, maritime, and urban development group Sembcorp Industries. Providing solutions in energy and utilities, gas and energy sectors, renewable energy and environment, trade and retail, marine engineering.
• Becamex IDC Corp is an Industrial Investment and Development Corporation. Operating in the field of investment and infrastructure construction of Industrial Parks, Residential Areas, Urban Areas and Transport Infrastructure. Becamex IDC Corp currently has 17 member and affiliated companies.

VSIP industrial park system

VSIP’s system of projects stretches across the country. Detail:

VSIP Industrial Park in Binh Duong

• VSIP I – Binh Duong: Area 500 hectares. Established in 1996. Investment capital is about 3.2 billion US dollars. Located at No. 8 Huu Nghi Avenue, Vietnam-Singapore Industrial Park, Binh Hoa Ward, Thuan An Town, Binh Duong Province, Vietnam
• VSIP II – Binh Duong: Area 2,045 hectares. 15 km north of VSIP I. This is where the center of Binh Duong New City is being planned. Investment capital is about 5 billion US dollars. Especially in VSIP II, Sun Casa Urban Area, townhouses and commercial townhouses have been developed very successfully.

• VSIP III – Binh Duong: Total area: 1,000 hectares. Located on ring road No. 4, connecting investors in Dong Nai and Ba Ria – Vung Tau. Close to VSIP I and VSIP II, creating a center for developing a vibrant industrial zone in the southern economy.

VSIP Industrial Park in the North

• VSIP I – Bac Ninh: area: 700 hectares, expanding to the North. Ideal location for electronics, pharmaceutical, auto parts, precision engineering, consumer goods and logistics factories. Investment capital of 2.2 billion US dollars.
• VSIP II – Bac Ninh: area: 273 hectares. This is a commercial and service industrial park, connected to seaports, airports and major industrial parks of the North.
• VSIP Hai Phong: total area: 1,600 hectares. Developed in 2010. The Vietnamese government agreed to put the entire area into Dinh Vu – Cat Hai Economic Zone. Total investment capital is about 2.5 billion US dollars.

• VSIP Quang Ngai: Developed in 2013 with a total area of ​​1,700 hectares. This is the first VSIP project in the Central region. Total registered investment capital is nearly 800 million US dollars.
• VSIP Hai Duong: Located between VSIP Bac Ninh and VSIP Hai Phong with an area of ​​150 hectares. The project has a total registered investment capital of nearly 500 million US dollars.

VSIP Industrial Park in the Central region

• VSIP Nghe An: Groundbreaking ceremony with the presence of Prime Minister Nguyen Tan Dung and Minister of Trade and Industry of the Republic of Singapore Lim Hng Kiang. Starting construction of VSIP Nghe An with an area of ​​750 hectares. Total registered investment capital is nearly 300 million US dollars.

VSIP Industrial Park in the South

Can Tho VSIP Industrial Park Model | The total budget is over 3700 billion dong

Model of Can Tho VSIP Industrial Park. This is an important project of Can Tho [...]

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VSIP is a strong cooperation project of Singapore in Vietnam

VSIP Industrial Park in the South Viet Sin Industrial Park is a strong highlight in the process of industrial modernization in Vietnam.

The VSIP industrial park chain has contributed to creating many jobs locally and in the provinces. It is the intersection of many cultures around the world by calling for investment from many countries to participate in activities.

During the development process, VSIP has transformed from a traditional industrial park into an urban-industrial complex. Attract foreign investors to participate. In particular, the Habitat Binh Duong project is the first apartment complex in the VSIP Urban – Industry – Service Complex.

VSIP 3 Industrial Park officially started construction.

On the morning of March 19, 2022, the Groundbreaking Ceremony of VSIP 3 Industrial Park Project was held by the People’s Committee of Binh Duong Province. There was the participation of Prime Minister Pham Minh Chinh and more than 500 delegates.

Groundbreaking ceremony of VSIP 3 industrial park

Pandora invested 150 million USD to build a factory in Binh Duong, creating 7,000 jobs

The world’s largest jewelry group Pandora has officially started construction of a manufacturing factory in VSIP III Industrial Park, Binh Duong with an investment capital of 150 million USD. The factory is expected to go into operation in the first quarter of 2026, creating 7,000 jobs for local workers.

This is Pandora’s fourth factory and the first outside of Thailand. The selection of Binh Duong is the result of Pandora’s thorough survey process during the two years after the Covid-19 pandemic, based on criteria such as abundant labor resources, skilled silversmith culture, and cooperation. tight local government, and good infrastructure.

Pandora’s presence in Binh Duong promises to contribute to promoting local economic development, attracting more foreign investment and enhancing Vietnam’s position on the international investment map.

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Progress of VSIP's 127-hectare housing complex in Tan Uyen City, Binh Duong

The Hamlet 4 – Vinh Tan Residential Area project invested by VSIP has received approval since 2009. The Hamlet 4 – Vinh Tan Residential Area project invested by VSIP has received approval since 2009. The technical infrastructure system has also been built relatively completely. The housing construction rate of residents is currently about 56%. When the project is completed, more than 2,800 real estate products will be provided to people.

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Singapore Group is about to invest another 1 billion USD in VSIP industrial park in Vietnam

Singapore Group is about to invest in 5 more VSIP industrial parks worth 1 billion USD in Vietnam

Sembcorp Industries will co-establish five more industrial parks in Vietnam with a total investment of US$1 billion (S$1.3 billion), the Singapore-listed energy and urban solutions provider said on Friday. Friday February 10, 2023.

This investment will bring the total number of Vietnam-Singapore Industrial Parks (VSIPs) to 17 with long-time partner Vietnamese state-owned developer Becamex IDC.

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Binh Duong is invested in by a series of large Singaporean enterprises

Binh Duong is invested in by a series of large Singaporean enterprises

Representing Singapore businesses, Mr. Kho Choon Keng highly appreciated Binh Duong’s development potential and pledged to continue exploring investment opportunities in this locality. According to him, Binh Duong has a favorable geographical location, located between major economic centers of Southeast Asia, as well as a continuously improving investment and business environment.

Singaporean businesses have shown particular interest in sectors such as healthcare, construction materials, furniture wood processing and logistics, and are eager to learn more about investment opportunities in these sectors at Binh Duong.

To attract investment from Singaporean businesses, Binh Duong has implemented many investment support policies, including providing investment information and consulting, and handling procedures related to business registration and investment. investment, as well as improving the business environment and ensuring rights for investors.

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