VSIP - Leading developer of industrial parks, urban areas and services in Vietnam

VSIP Nghe An project has been designed and developed in a clean and green direction to provide an ideal working and living environment for workers, technicians, engineers, managers and experts.

Occupancy rate reached 97%

VSIP Nghe An Industrial - Urban and Service Park project is located at the western gateway of Vinh city, only 5 km from Vinh airport, about 4 km from Vinh city center with surrounding arterial roads such as National Highway 1A, National Highway 46A, National Highway 46B and Vinh - Cua Lo Boulevard.

Matsuoka Factory (Japan) in VSIP Nghe An Industrial Park. Photo: Tran Chau

As of December 2023, VSIP Nghe An Industrial Park has attracted 42 investors (44 projects) with a leased land area of 243.45 hectares (out of a total factory construction land area of 250.63 hectares), reaching an occupancy rate of 97% (expected to attract more than 60,000 local workers). The total investment capital here reached VND 23,497 billion (equivalent to USD 1,012.8 million), with 24 foreign direct investment (FDI) projects here with a total registered capital of USD 948.4 million.

Currently, 41 projects have been granted Investment Registration Certificates, of which 27 investment projects have come into operation, creating initial jobs for nearly 16,000 local workers, 7 other investors are building factories and the remaining 9 investors have completed investment procedures and are carrying out planning procedures to implement construction. Investors from countries and territories such as Japan, Korea, Singapore, China, Hong Kong, Taiwan, and Sweden have come here and confidently invested capital.

VSIP Nghe An Industrial Park today. Photo: Tran Chau

“I am sure that when you visit VSIP Nghe An Industrial Park, walking along the main roads in the Industrial Park, you will definitely feel the constant change of the landscape on both sides of these roads. Indeed, in 2022 and 2023, VSIP Nghe An has taken on a new look with a series of factories being built and springing up, such as the factory of Luxshare Group, the garment factory of Matsuoka Group (Japan), the system of ready-built factories for rent of BW Industrial Group; the Electronic - Precision Engineering factory project and the dormitory area for workers and experts with a total investment of 200 million USD of Everwin Prevcision Group Hong Kong... and many other factories under construction. We are implementing the VSIP Nghe An 2 project in 2024 with a total area of 500 hectares of industrial land in Dien Chau district”- Mr. Teng Wel Hong - Director of VSIP Nghe An Co., Ltd. said.

cac-dong-chi-lanh-dao-tinh-tham-day-chuyen-san-xuat-tai-cong-ty-luxshare-ict-o-kcn-vsip-nghe-an-496.jpeg — Leaders of Nghe An province visited Lux share ict factory in VSIP Nghe An Industrial Park. Photo: Thanh Duy

During the development process, VSIP has transformed from a traditional industrial park into an Industrial - Urban - Service Complex with a synchronous master plan towards clean and green development, Singapore standards in Vietnam, combining human, environmental and industrial production factors with a green vision and steadfast strategic planning for a common sustainable development for the whole community. Therefore, in parallel with the synchronous, complete and modern technical infrastructure completed before customers come into operation (road system, electricity supply, water supply and drainage, wastewater treatment, fire protection ...) the green factor is also clearly shown in the design and development process of VSIP Nghe An Industrial, Urban and Service Park, helping to create the image of an environmentally friendly industrial park. These factors are a unique competitive advantage of VSIP in the process of attracting investors around the world to Nghe An.

Photo of VSIP industrial park location. Photo: CSCC

Ideal living environment for experts and workers

VSIP Nghe An Urban and Service Area - Singaporean lifestyle in the heart of the industrial park Located at the western gateway of Vinh City, less than 5 km from the center of Vinh City, and can be flexibly connected to the city's key construction clusters by the modern Vinh - Hung Tay Boulevard or National Highway 46A, VSIP Nghe An is a classy and luxurious Urban Area Project designed in a modern, green and people-centered style.

VSIP Nghe An Urban and Service Area is a classy and luxurious urban area project designed in a modern, green and people-centered style. With an area of Phase 1 of about 83 hectares, the project will bring an experience of a new and convenient lifestyle suitable for the needs of living in a modern, safe environment with diverse utilities and in harmony with nature of Nghe An people. In addition, with reasonable costs and synchronous urban technical infrastructure, it is an attractive living, living, community communication, and entertainment space for local people, making VSIP Nghe An Urban Area comparable to modern, classy urban areas in Vietnam and the world. Here, there is VSIP Nghe An park designed by Malaysia and Singapore, providing many spaces for entertainment, recreation, and relaxation for people of all ages.

Adjacent to VSIP Nghe An Park is a shopping and dining area. The townhouses of VSIP Nghe An Urban Area will be built in a closed residential area with many amenities such as 24/7 security; a club with swimming pool, indoor gym, community room promising to bring a completely different living experience.

VSIP Tho Loc Industrial Park is being invested in Nghe An. Photo: PV

To have an attractive investment environment in VSIP Nghe An as it is today, the support from the authorities at all levels of Nghe An province plays a very important role in addition to the efforts of VSIP Nghe An. Investors, including VSIP, highly appreciate the support of local authorities in spending time, resources, and paying attention to solving difficulties and problems for investors, focusing maximum resources on investing in upgrading the seaport system, roads and transport infrastructure systems to ensure connectivity, providing necessary conditions for investors so that VSIP Nghe An today becomes an attractive destination.