4:18:53 PM | 7/9/2009
The Vietnam-Singapore Industrial Park (VSIP) will start construction on a US$1-billion realty project in the northern seaport city of Haiphong this December.
The complex will cover an area of 1,600 hectares in Thuy Nguyen district, will include a 500-hectare industrial zone and a 1,100-hectare urban area.
The project will be divided into two phases with the first phase being the construction of a 611-hectare industrial zone, housing and trade facilities.
VSIP is a joint venture between Becamex IDC Corporation, a state-owned Vietnamese firm in the southern province of Binh Duong, and Singapore’s Sembcorp Industries.
The firm is also developing VSIP Bac Ninh Integrated Township & Industrial Park in the northern province of Bac Ninh modeled after the successful VSIP I and VSIP II in Binh Duong.
With projects covering a total area of 2,545 hectares in the south and 2,300 hectares in the north, VSIP is listed among Vietnam’s largest realty developers. (Vietnam Economic Times)
April 24–25, 2026
Kinh Bac Cultural Center, Bac Ninh Province
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