VSIP Joint Venture Expands with Five New Industrial Parks in Vietnam
The Vietnam Singapore Industrial Park (VSIP) joint venture has received approval to develop five new industrial parks across Vietnam. This expansion is part of a strategic plan to increase the number of VSIP projects to 30 by 2026. The new parks will be located in Haiphong, Nghe An, Hue, Ha Nam, and Ho Chi Minh City. The initiative aligns with international market demands for higher environmental, social, and governance standards. The VSIP 2.0 model, introduced at the Vietnam-Singapore Tech Connect Forum, emphasizes innovation-driven ecosystems and sustainable industrial operations.