Featured Projects

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Vietnam-Singapore Industrial Parks (VSIP)
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VSIP Binh Duong
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VSIP Binh Duong
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VSIP Binh Duong
VSIP Binh Duong
One of Vietnam’s key economic zones, Binh Duong province has enjoyed rapid economic growth due to its focus on dynamic industrial development. Singapore and Vietnam’s maiden flagship industrial park project, Vietnam Singapore Industrial Park (VSIP), was set up in the province in 1996.
VSIP Binh Duong is the most prominent symbol of the advances in industrialisation the province has achieved. Originally launched as a 500-hectare development in Thuan An district, a 2,045-hectare second park was set up in 2006 within the Binh Duong New Township, just 18 kilometres north of the first VSIP. The Binh Duong New Township is being developed by the provincial government as the second largest city in southern Vietnam after Ho Chi Minh City. In 2019, a 1,000-hectare third park was set up within Tan Uyen Town and Bac Tan Uyen District.
Today, VSIP Binh Duong is an integrated township and industrial park. It is one of the most successful integrated developments in Vietnam with customers from 22 countries and territories around the world choosing to establish their long-term investment projects here. VSIP Binh Duong attracts a mix of tenants from the electronics and electrical, precision engineering and pharmaceutical sectors, consumer goods including food and apparel industries, and supporting industries.
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Location
Thuan An district (Park I), Binh Duong New Township (Park II), and Tan Uyen Town and Bac Tan Uyen District (Park III), Binh Duong Province
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Features
On-site fast track government licensing authority
6 years’ tax incentives
On-site customs clearance and logistics park for southern Vietnam
Ready supply of skilled workers from the Vietnam-Singapore Vocational College
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Accessibility
17km (Park I), 32km (Park II) and 46km (Park III) from Ho Chi Minh City
15km from Tan Son Nhat International Airport
16km from New Port
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Gross Project Size
3,545ha
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Working Population
148,000
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Commencement
1996 (Park I), 2006 (Park II) and 2019 (Park III)

VSIP Binh Duong
Remaining industrial land available for sale are located on the northern end of the VSIP masterplan. This area is 45 kilometres from Ho Chi Minh City. It is within the Binh Duong New City where amenities and expatriate accommodation are abundant.
Worker dormitories are available in the vicinity. About 200 manufacturers are located in this section of VSIP, providing a good supplier or customer base. VSIP Binh Duong is one of the few remaining locations close to Ho Chi Minh City to permit apparel manufacturing although textile dyeing is not allowed.