On May 29, Vietnam - Singapore Industrial Park Joint Venture Company (abbreviated as VSIP, in Ho Chi Minh City) said that the enterprise has been granted an investment registration certificate to develop 5 more industrial parks across the country.
Accordingly, VSIP will develop 5 more industrial parks in 5 localities, including: Vinh Lap Industrial Park (abbreviated as VSIP IV Binh Duong, Ho Chi Minh City); Ha Nam High-Tech Park (abbreviated as VSIP Ha Nam, Ninh Binh province); Tien Lang 2 Industrial Park (abbreviated as VSIP II Hai Phong, Hai Phong city); Tho Loc Phase 2 Industrial Park (abbreviated as VSIP IV Nghe An, Nghe An province); VSIP Hue Industrial Park (Hue city). The construction of these industrial parks will create tens of thousands of jobs for workers.
According to records, in Ho Chi Minh City, this enterprise has successfully built VSIP III Binh Duong industrial park in a smart direction with integrated management applications. Currently, the enterprise is developing an industrial park model to meet multi-industry needs and long-term sustainable development goals.

Representatives of VSIP said that with the 5 newly licensed projects mentioned above, the total number of VSIP industrial park projects in Vietnam has increased to 26 industrial parks.
Businesses proactively develop industrial park ecosystems according to many flexible and advanced models that meet mandatory strict standards such as carbon regulation mechanisms (CBAM), ESG standards and net-zero emission targets.