Vietnam-Singapore Industrial Park (VSIP)
Vietnam-Singapore Industrial Park (VSIP) is a Industrial Park located in Binh Duong Province, Vietnam, established in 1996, regulated by the Vietnam-Singapore Industrial Park Joint Venture Company, overseen by the Binh Duong Provincial People's Committee and the Ministry of Planning and Investment of Vietnam..
Key Facts
| Type | Industrial Park |
|---|---|
| Location | Binh Duong Province, Vietnam |
| Year Established | 1996 |
| Area | 3000 hectares |
| Companies | 880 |
| Governing Authority | Vietnam-Singapore Industrial Park Joint Venture Company, overseen by the Binh Duong Provincial People's Committee and the Ministry of Planning and Investment of Vietnam. |
| Status | active |
Investment Incentives
2-year corporate income tax exemption, 50% reduction for the next 4 years, import tax exemption on machinery, equipment, production lines, tax exemption for 4 years, 50% reduction for 9 subsequent years, land provision and land-related benefits, streamlined administrative procedures
Sector Focus
Vietnam-Singapore Industrial Park (VSIP) hosts businesses specialising in Manufacturing and Services.
About Vietnam-Singapore Industrial Park (VSIP)
Vietnam-Singapore Industrial Park (VSIP) is a series of industrial parks developed through a bilateral partnership between Vietnam and Singapore, aimed at attracting foreign direct investment, promoting industrialization, and creating employment opportunities in Vietnam. It offers modern infrastructure and business-friendly policies to domestic and international investors.
Frequently Asked Questions
What type of zone is Vietnam-Singapore Industrial Park (VSIP)?
Vietnam-Singapore Industrial Park (VSIP) is a Industrial Park.
Where is Vietnam-Singapore Industrial Park (VSIP) located?
Vietnam-Singapore Industrial Park (VSIP) is located in Binh Duong Province, Vietnam.
When was Vietnam-Singapore Industrial Park (VSIP) established?
Vietnam-Singapore Industrial Park (VSIP) was established in 1996.
Who regulates Vietnam-Singapore Industrial Park (VSIP)?
Vietnam-Singapore Industrial Park (VSIP) is regulated by the Vietnam-Singapore Industrial Park Joint Venture Company, overseen by the Binh Duong Provincial People's Committee and the Ministry of Planning and Investment of Vietnam..
What sectors operate in Vietnam-Singapore Industrial Park (VSIP)?
Vietnam-Singapore Industrial Park (VSIP) hosts businesses in Manufacturing and Services.
What are the investment incentives at Vietnam-Singapore Industrial Park (VSIP)?
2-year corporate income tax exemption, 50% reduction for the next 4 years, import tax exemption on machinery, equipment, production lines, tax exemption for 4 years, 50% reduction for 9 subsequent years, land provision and land-related benefits, streamlined administrative procedures