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VSIP 3 Industrial Park

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VSIP 3 Industrial Park

Location: Ho Chi Minh City
Planned area: 1.000 ha (Phase 1: 196,45 ha; Phase 2: 803,55 ha)
Land use term: 50 year (2017 - 2067)
Leasable area: 20 - 30 ha
Leasing price: Negotiation
Project highlights:

VSIP 3 Binh Duong Industrial Park is a next-generation 1,000-hectare green and smart industrial zone, attracting global investors such as LEGO (USD 1.3 billion) and Pandora (USD 150 million). Binh Duong Province has invested VND 1,500 billion to expand DT.746B (six lanes), connecting to the My Phuoc – Tan Van Expressway, 58km from Long Thanh International Airport and 89km from Cai Mep Port, optimizing export logistics.The park features three 110/22kV substations (160MVA), a 38,000 m³/day wastewater treatment plant, and a 50-hectare solar farm, ensuring sustainable operations. Corporate income tax incentives include 2 years of exemption and 50% reduction for the following 4 years, with a flexible 70% construction density.

Site connection

Strategic Boundaries
South: Directly adjacent to HCMC Ring Road 4
North: Adjacent to Ring Road 5 (DT.745A)
West: Neighboring Phuoc Hoa Rubber Corporation land
East: Adjacent to Tan Lap residential area
Infrastructure Connectivity
DT.746B expanded to 6 lanes (12km), total investment VND 1,500 billion
Seamless connection to expressways, seaports, airports, and border gates in Southern Vietnam
Key Distances
Tan Son Nhat International Airport: ~44km
Cat Lai Port: ~50km
Long Thanh International Airport: ~58km
Cai Mep – Thi Vai Port Complex: ~89km
Moc Bai Border Gate: ~88km

Infrastructure situation

Internal Transportation
Direct access to the expanded DT.746B (12km, 6 lanes, VND 1,500 billion investment)
Connected to Ring Road 4 and the Bac Tan Uyen – Phu Giao – Bau Bang corridor
Modern industrial-standard internal roads, ready for phased operation
Power Supply
Supplied from 200kV Bac Tan Uyen and 220kV Uyen Hung/Binh My substations via 110kV grid
Planned 3 substations 110/22kV (2x80MVA)
50-hectare on-site solar farm for clean energy
Long-term vision to 2050 ensures surplus capacity for high-tech production
Water Supply & Wastewater Treatment
Clean water from Nam Tan Uyen Plant (70,000 m³/day) and Uyen Hung Plant (40,000 m³/day)
Two booster pumping stations totaling 61,000 m³/day
Two wastewater treatment plants with total capacity of 38,000 m³/day (Phase 1: 6,000 m³/day), meeting high environmental standards

Attraction fields

Electronics, power.
Automotive manufacturing and assembly.
Mechanical engineering, industrial products supporting high technology.
Food and beverages.
Warehousing and transportation.
Food processing, seafood processing.
Supporting industries.
High technology, R&D.
Precision mechanical assembly, machinery and equipment.

Investment Incentives

Corporate Income Tax (CIT) Incentives
Preferential tax rate: 10% for 15 years (instead of the standard 20%).
Standard sectors/projects
2-year tax exemption, followed by a 50% reduction for the next 4 years.
High-tech projects (certified by the Ministry of Science and Technology):
4-year tax exemption, followed by a 50% reduction for the subsequent 9 years.
Import Duty Incentives
Import duty exemption applies to

Goods forming fixed assets of incentive-eligible investment projects.
Raw materials and components not yet produced domestically (subject to confirmation by the Ministry of Industry and Trade).
Goods used for manufacturing export products (in accordance with Article 16 of Law No. 107/2016/QH13).

Technical information

Construction Regulations
Maximum construction density: 70% of land plot (factories, warehouses)
Reduced to 60% for factories over 5 production floors
Maximum height: 9 floors
Minimum 20% green space within each factory compound
Utility Capacity
Power: 3 substations 110/22kV (2x80MVA), connected to the 200kV Bac Tan Uyen station and a 50-hectare solar farm
Clean water: Nam Tan Uyen 70,000 m³/day; Uyen Hung 40,000 m³/day; two booster stations totaling 61,000 m³/day
Wastewater treatment: 2 plants with total capacity 38,000 m³/day (Phase 1: 6,000 m³/day), meeting high environmental standards
Fire Protection
Integrated modern fire protection system
Internal roads 31–41m wide for fire truck access
Compliant with TCVN 2622:1995 and Binh Duong provincial regulations
Strict supervision by management board before operational approval

Related costs

Infrastructure Management Fee
Approximately USD 0.35 – 0.7/m²/month (or per year, subject to contract terms)
Includes 24/7 security, environmental sanitation, internal road maintenance, and upkeep of shared technical infrastructure
Industrial Electricity Tariff
Approximately USD 0.05/kWh (normal hours)
Enterprises sign a direct power purchase agreement with Vietnam Electricity (EVN)
Strategic orientation toward renewable energy and on-site solar power development
Clean Water Supply
Approximately USD 0.4/m³
(equivalent to VND 10,000 – 13,000/m³)
Supplied from Nam Tan Uyen Water Plant and Uyen Hung Water Plant
Wastewater Treatment
Approximately USD 0.4 – 0.8/m³
Centralized treatment capacity of 38,000 m³/day
Meets high environmental standards, aligned with green manufacturing models

Contact information

IPAVIETNAM
Hotline/Zalo/WhatsApp: +84-83-555-3388
WeChat ID: fdivietnam
E-mail: support@ipavietnam.org
Contact person:
Mr. Gia Bao, Investment Promotion Officer
Cell phone: +84-941-898-117
E-mail: bao.ipavietnam@gmail.com
Note: We only provide consultancy service and information on industrial parks, industrial clusters, ready built factories to enterprises or investors who contact us directly. We do not exchange information through brokers or other intermediary channels.

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