VSIP INDUSTRIAL PARK

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VSIP INDUSTRIAL PARK

1. General introduction

Vietnam – Singapore Industrial Park (VSIP) was formed based on the friendship and economic cooperation between Vietnam and Singapore. With the support from the Governments of the two countries, a joint venture investment between the domestic and foreign partners by reputable corporations with experience in the fields of infrastructure development and real estate such as Becamex IDC Corporation (Vietnam) and companies led by Sembcorp Development (Singapore) were established to carry out the VSIP project.

To date, VSIP has developed a total of 9 projects across the country with a total land fund of more than 8,600 hectares for the purpose of industrial, residential, and services. VSIP is supplying production infrastructure to 840 clients from more than 30 countries and territories, with a total investment of 14 billion USD and creating direct jobs for more than 250,000 domestic and foreign workers. VSIP has also gradually shifted towards developing Industrial – Service – Urban Complexes aimed at creating a sustainable working, living, learning and playing environment.

In addition to constant expansion, VSIP also has many community events. Every year, the company organizes a charity event to raise money to support the poor, foster homes, schools, sponsor and provide scholarships to poor studious students in the area. Not only for charitable purposes, the VSIP Charity Days is also an event that attracts thousands of workers who are working in the industrial park to gather and enjoy entertainment.

With the success of the implemented projects and the stature of the ongoing and upcoming projects, VSIP is considered one of the leading urban and industrial park developers in Vietnam and a symbol of successful cooperation between Vietnam and Singapore.

For further information on VSIP, please visit www.vsip.com.vn

2. OVERVIEW ON VSIP INDUSTRIAL PARKS

2.1. VSIP I – BINH DUONG
Year of Establishment: 1996
Total area: 500 hectares

VSIP was started with the VSIP I Industrial Park Development Project in Thuan An District (now Thuan An Town), Binh Duong Province with the Groundbreaking Ceremony on May 14th, 1996. The event was attended by former Vietnamese Prime Minister Vo Van Kiet and former Singaporean Prime Minister Goh Chok Tong as representatives of the two Governments.

VSIP I has now become one of the modeled industrial parks with the achievement of a leading industrial park in Vietnam. With 100% of the land occupied, VSIP I has now attracted 231 projects with a total investment of about 3.2 billion USD. The project has created 95,000 jobs for workers and contributed to the industrialization, modernization and urbanization of Binh Duong province.

VSIP I has also been very successful in creating complex projects of Commercial – Service – Urban centres to create a workable and livable environment in the industrial park. One of such projects is the Habitat Binh Duong high-end apartment project.

Contact information

Vietnam – Singapore Industrial Park Joint Stock Company (VSIP)
Address: 8 Huu Nghi Boulevard, Vietnam-Singapore Industrial Park, Binh Hoa Ward, Thuan An Town, Binh Duong Province, Vietnam.
Tel: (+84) – 0274 3743 898 Fax: (+84) – 0274 3743 430
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=1
Email: marketing@vsip.com.vn

2.2 VSIP II – Binh Duong

Year of Establishment: 2006
Total Area: 2,045 hectares

The year 2006 marked another important milestone from the cooperation between Vietnam and Singapore. On September 26th, 2006 VSIP hosted its 10th anniversary of the “VSIP Establishment and Development” with the attendance of the Prime Ministers of the two countries – Mr. Nguyen Tan Dung and Mr. Lee Hsien Long. At the celebration, VSIP officially announced the VSIP II Industrial Park project (345 hectares, 15km north of VSIP I) located in Binh Duong Industrial, Service and Urban Complex (4,196 hectares), where the Binh Duong New City was under being developed.

In 2008, in order to meet the growing land lease demand for investors; VSIP expanded VSIP II by 1,700 hectares, of which 1,000 hectares were for expanding the industrial park and 700 hectares for developing the urban and service area.

To date, VSIP II – Binh Duong has completed the infrastructure construction and filled about 99% of the industrial park area; attracted 340 industrial projects with a total investment of 5 billion USD and created jobs for 60,000 workers.

VSIP II – Binh Duong had also successfully developed the Sun Casa Urban Area with a total of 383 shophouses and townhouses on a total area of 6 hectares.

Contact Information

Vietnam – Singapore Industrial Park Joint Stock Company

Address: No. 8 Huu Nghi Boulevard, Vietnam-Singapore Industrial Park, Binh Hoa Ward, Thuan An Town, Binh Duong Province, Vietnam.
Tel: (+84) – 0274 3743 898 Fax: (+84) – 0274 3743 430
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=13
Email: marketing@vsip.com.vn

2.3 VSIP III – Binh Duong

Year of Establishment: 2018
Total Area: 1,000 hectares

The project has a scale of 1,000 hectares in Hoi Nghia Ward, Tan Uyen Town and Tap Lap Ward, Bac Tan Uyen District, Binh Duong Province.
The project implementation period is 50 years.

Located on Ring Road No. 4 and conveniently connected to My Phuoc – Tan Van road, VSIP III – Binh Duong is strategically located to connect future investors with Dong Nai and Ba Ria – Vung Tau. In addition, with the advantage of proximity to developed industrial parks such as VSIP I and VSIP II, as well as many other industrial parks around Binh Duong New City, VSIP III – Binh Duong is expected to soon become a high-tech industrial park located in the most vibrant industrial development centre of the Southern Key Economic Region.

Contact Information:

Vietnam – Singapore Industrial Park Joint Stock Company

Address: No. 8 Huu Nghi Boulevard, Vietnam-Singapore Industrial Park, Binh Hoa Ward, Thuan An Town, Binh Duong Province, Vietnam.
Tel: (+84) – 0274 3743 898 Fax: (+84) – 0274 3743 430
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=13
Email: marketing@vsip.com.vn

2.4 VSIP I – Bac Ninh

Year of Establishment: 2007
Total Area: 700 hectares

Following the success of VSIP in the South; in 2007, VSIP continued to expand to the North. On December 11th, 2007, VSIP officially commenced the VSIP – Bac Ninh project in Tu Son District, Bac Ninh Province with the presence of Deputy Prime Minister of Vietnam at the time – Mr. Hoang Trung Hai and Senior Minister of Singapore – Mr. Goh Chok Tong.

With an area of 700 hectares, of which 500 hectares is devoted to developing a clean industrial park, with environmental standards and advanced production technology, VSIP – Bac Ninh has been an ideal location for: electronics, pharmaceutical products, automobile accessories, precision engineering, consumer goods and logistics. The 200 hectares of urban area will include commercial projects, hotels, supermarkets, schools, offices, sports facilities, housing and high – end condominium.

VSIP – Bac Ninh has attracted 122 domestic and foreign investors with a total investment of 2.2 billion USD and created jobs for 30,000 workers.

VSIP – Bac Ninh has also successfully developed Belhomes Urban Area with a total area of 5.7 hectares. The project has a total of 365 townhouses and shophouses designed according to Singapore’s standards for modern and environmentally – friendly.

Contact Information
VSIP Bac Ninh Company Limited
Address: No. 1, Huu Nghi Road, Industrial Urban and Service Park, VSIP Bac Ninh, Phu Chan Ward, Tu Son Town, Bac Ninh Province, Vietnam.
Tel: (+84) 0222 3765 668 Fax: (+84) 0222 3765 666
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=4
Email: marketing.north@vsip.com.vn

2.5 VSIP II – Bac Ninh

Year of Establishment: 2018
Total Area: 273 hectares

VSIP II – Bac Ninh is located in Tam Giang Ward, Yen Phu Ward, Hoa Tien Ward and Cho Town (Yen Phong). With the motto of investing in a synchronous modern industrial park to meet the requirements of industrial development and other investment attraction requirements, VSIP II – Bac Ninh Industrial Park included: Operation Area, manufacturing Area, green Area, technical infrastructure (electrical stations, water supply stations, sewage treatment facilities, communications and IT services and traffic stations) and transportation routes.

This is a commercial and service industrial park with a strategic location; transportation infrastructure synchronously connected with seaports, airports and other large industrial parks in the north. In accordance to the Provincial industrial development plan, VSIP II – Bac Ninh will attract high-tech and clean technology enterprises; to make good use of local raw materials and human resources, without causing environmental pollution, produce products to meet the needs of the people and have competitiveness in the domestic and export markets.

Contact Information
VSIP Bac Ninh Company Limited
Address: No. 1, Huu Nghi Road, Industrial Urban and Service Park, VSIP Bac Ninh, Phu Chan Ward, Tu Son Town, Bac Ninh Province, Vietnam.
Tel: (+84) 0222 3765 668 Fax: (+84) 0222 3765 666
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=4
Email: marketing.north@vsip.com.vn

2.6 VSIP Hai Phong

Year of Establishment: 2010
Total Area: 1,600 hectares

Apart from the project in Bac Ninh Province, VSIP has shown its active efforts to implement investment activities in the North through the establishment and step-by-step development of the VSIP – Hai Phong Industrial, Service and Urban Complex project (VSIP – Hai Phong).

VSIP – Hai Phong was started in January, 2010 with the presence of the former Vietnamese Prime Minister – Mr. Nguyen Tan Dung and Singaporean Prime Minister – Mr. Lee Hsien Loong. As a project that plays an important role in the socio-economic development of Hai Phong, VSIP – Hai Phong has been permitted by the Vietnamese Government to move the entire area under the Dinh Vu – Cat Hai Economic Zone. As a result, businesses operating in VSIP – Hai Phong will enjoy special investment incentives as prescribed by the Government of Vietnam.

Currently, there are 60 enterprises that have commited to invest with a total investment of about 2.5 billion USD, creating jobs for over 45,000 workers.

Contact Information

VSIP Hai Phong Company Limited
Address: VSIP Hai Phong Tower, An Lu Ward, Thuy Nguyen District, Hai Phong City, Vietnam.
Tel: (+84) 0225 3959 868 Fax: (+84) 0225 3959 886
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=6
Email: marketing.north@vsip.com.vn

2.7  VSIP Quang Ngai

Year of Establishment: 2013
Total Area: 1,700 hectares

Following the success from the projects in the North and South of Vietnam, VSIP – Quang Ngai became the 5th project, and the 1st VSIP project in central Vietnam, completing the strategic plan of VSIP to be located throughout Vietnam. The ceremony for awarding the Investment Certificate took place on April 23rd, 2012 with the former President of the Socialist Republic of Vietnam – Mr. Truong Tan Sang and former President of the Republic of Singapore – Mr. Tony An in attendance. VSIP – Quang Ngai is master-planned to include 1,200 hectares of industrial land within Dung Quat Economic Zone and 500 hectares of urban and service land near the center of Quang Ngai city.

With an abundant labor force from the local and neighboring provinces, Dung Quat Economic Zone where VSIP – Quang Ngai is located is one of the few regions in Vietnam that still enjoys special investment incentives from the Government. Key industries in the area include: Food & Beverage, Fast-Moving Consumer Goods (FMCG), Electronic component assembly and light industries to service the Oil, Gas and Chemical industry.

Up to now, 26 investors have committed to implement their projects in VSIP – Quang Ngai Industrial Park with a total registered capital of nearly 800 million USD.

Thien My Loc Residential Area located in VSIP – Quang Ngai was built according to the new residential model, satisfying the needs of living in a clean and green environment.

Contact Information
VSIP Quang Ngai Company Limited
Address: #8 Huu Nghi Boulevard, Vietnam-Singapore Industrial Zone, Tinh Phong Ward, Son Tinh District, Quang Ngai Province, Vietnam.
Tel: (+84) 0255 3736 666 Fax: (+84) 0255 3736 668
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=7
Email: mkt.dept.qn@vsip.com.vn

2.8 VSIP Hai Duong

Year of Establishment: 2015
Total Area: 150 hectares

Located between VSIP – Bac Ninh and VSIP – Hai Phong is VSIP – Hai Duong, the 3rd project in the North. VSIP – Hai Duong has a total area of 150 hectares of industrial land in Luong Dien – Cam Dien Industrial Park.

Currently, VSIP – Hai Duong has 20 enterprises that have committed to implementing their projects with a total registered capital of nearly 500 million USD.

Contact Information
VSIP Hai Duong Company Limited
Address: Cam Dien Ward, Cam Giang District, Hai Duong Province, Vietnam
Tel: (+84) 0220 3789 668 Fax: (+84) 0220 3786 868
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=9
Email: marketing.north@vsip.com.vn

2.9 VSIP Nghe An

Year of Establishment: 2015
Total Area: 750 hectares

On September 16th, 2015, VSIP held the Commencement Ceremony of VSIP – Nghe An in Hung Nguyen District, Nghe An Province. The ceremony was honored to welcome the presence of the former Prime Minister of Vietnam – Mr. Nguyen Tan Dung and Minister of Trade & Industry of Singapore – Mr. Lim Hng Kiang.

The total area of VSIP – Nghe An is 750 hectares and will be implemented in phases according to the needs of investors.

Currently, VSIP – Nghe An has 22 enterprises that have committed to implementing their projects with a total registered investment capital of nearly 300 million USD.

Contact Information
VSIP Nghe An Company Limited
Address: #8 Huu Nghi Road, VSIP Nghe An Industrial Zone, Hung Tay Ward, Hung Nguyen District, Nghe An Province, Vietnam.
Tel: (+84) 0238 3762 777 Fax: (+84) 0238 3762 555
Website: https://www.vsip.com.vn/Business/BranchDetail?branchID=10
Email: marketing@vsip.com.vn

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