VSIP Hai Phong

• Land Development

Hai Phong is Vietnam’s third largest city and one of its five grade one cities directly under the jurisdiction of the central government. There are three compelling reasons for manufacturers to set up base at VSIP Hai Phong.

Firstly, VSIP Hai Phong is located along the Hanoi-Hai Phong City economic corridor. With the completion of Vietnam’s longest sea bridge connecting Hai Phong City to the new Lac Huyen deep sea port by 2017, transportation time between the two cities will be just 30 minutes. Travel between Hanoi and VSIP Hai Phong will also take less than an hour when the new Hai Phong highway is completed by the end of 2016.

Secondly, deep sea ports facilitate the shipment of goods between close neighbours Hai Phong City and Guangxi, China. Easy market access and competitive supply base are dual attractions.

Thirdly, VSIP Hai Phong has been identified by the Vietnamese government as critical to the economic and social development of Hai Phong City, and is part of the Dinh Vu-Cat Economic Zone which offers 15 years’ tax incentives. VSIP Hai Phong also houses the Sembcorp Hai Phong Logistics Hub, which provides warehousing solutions to tenants within the VSIP and to customers in northern Vietnam.

Drawing upon the strong connectivity and accessibility of VSIP Hai Phong, the logistics hub supports customers in their overseas suppliers’ consolidation, where supplies can be stored in the hub’s warehouses for manufacturers in VSIP Hai Phong to draw upon conveniently, thereby optimising supply chain operations.