VSIP III BINH DUONG INDUSTRIAL PARK

Province

Binh Duong

Occupancy Rate

15%

Area

1.000 hectares

Lease Price

Contact

The VSIP 3 Binh Duong Industrial Park has been approved for phased development. Specifically, Phase 1 received approval for a detailed 1/500 scale plan under Decision No. 1427/QD-UBND dated June 15, 2022, of the Binh Duong Provincial People’s Committee, covering an area of ​​approximately 196.45 hectares.

Subsequently, Phase 2 of the project received approval for a 1/2000 scale zoning plan under Decision No. 1892/QD-UBND dated July 21, 2023, expanding the area by approximately 803.55 hectares. Upon completion, the industrial park is expected to accommodate between 33,000 and 35,000 workers.

Rendering of the VSIP 3 Industrial Park project in Binh Duong.

Details

Industrial Park Name

VSIP 3 Industrial Park, Binh Duong

Location

Hoi Nghia Ward, Tan Uyen Town, Tan Lap Commune, Bac Tan Uyen District, Binh Duong Province

Total Area

1.000 hectares

 Occupancy Rate

15%

Infrastructure Information

Electrical System

Bac Tan Uyen 200kV substation, Uyen Hung 220kV substation and Binh My 220kV substation, 110kV transformer.

Water system

The Nam Tan Uyen water treatment plant has a capacity of 70,000 m3/day and the Uyen Hung water treatment plant has a capacity of 40,000 m3/day.

Sewage System

38,000 m3/day

Traffic System

Roads No. 1, No. 7, and D6 have a road width of 12m, sidewalks of 8m on the factory side and 2m on the green area side, with a road reserve of 22m; Road D6 has a road width of 12m, sidewalks of 8m on each side, and a road reserve of 28m.

1. Project overview and legal information

VSIP 3 Binh Duong Industrial Park (VSIP III) has a total investment of nearly VND 14,000 billion, covers an area of ​​approximately 10 km², and is oriented towards developing into a new generation industrial park in Binh Duong province. The project focuses on attracting high-tech industries, aiming for a green economy model, minimizing environmental impact, and prioritizing labor-intensive sectors in the context of increasingly scarce human resources. The industrial park’s operating period extends until January 3, 2067.

Overview Information:

  • Project Name: VSIP 3 Binh Duong Industrial Park
  • Location: Hoi Nghia Ward (Tan Uyen Town) and Tan Lap Commune (Bac Tan Uyen District), Binh Duong Province
  • Scale: Approximately 1,000 hectares
    • Phase 1: 196.45 hectares
    • Phase 2: 803.55 hectares
  • Operating Period: 50 years (until 2067)
  • Occupancy Rate: Approximately 15%

Targeted Industries:

Including sectors such as electrical and electronics, energy, automobile manufacturing and assembly, mechanical engineering, high-tech supporting industries, textiles, food and beverages, and logistics and warehousing services.

Building Regulations:

  • Maximum building density for factories and warehouses: 70%
  • For factories with more than 5 production floors: maximum building density 60%
  • Maximum building height: 9 floors
  • Minimum green space within factory grounds: 20%

2. Costs and investment incentives at VSIP 3 Industrial Park, Binh Duong

3. Geographical location of VSIP 3 Industrial Park, Binh Duong

VSIP 3 Industrial Park in Binh Duong boasts a prime location along Ho Chi Minh City’s Ring Road 4, providing quick access to the My Phuoc – Tan Van Expressway. This allows convenient travel to Cai Mep – Thi Vai Port, Long Thanh International Airport, and other key logistics centers in the Southern region. Ring Road 4, nearly 197.6 km long, passes through five provinces: Ba Ria – Vung Tau, Dong Nai, Binh Duong, Ho Chi Minh City, and Long An. It plays a crucial role in connecting satellite cities, promoting regional economic development, and alleviating population density in the inner city.

VSIP 3 Industrial Park in Binh Duong covers an area of ​​1,000 hectares.

Specifically, to enhance its ability to attract investment, Binh Duong province has invested approximately 1,500 billion VND to upgrade the 12-kilometer-long DT.746B road to a 6-lane scale. This is the main traffic artery leading to VSIP 3 Industrial Park. This road directly connects to major routes such as Bac Tan Uyen – Phu Giao – Bau Bang and Ho Chi Minh City’s Ring Road 4, creating favorable conditions for traffic flow and goods transportation.

Boundaries of VSIP 3 Industrial Park (Phase 2):

  • North: Bordering the planned Ring Road 5 (DT.745A) and adjacent to Phase 1 of the project.
  • South: Bordering Ho Chi Minh City’s Ring Road 4.
  • East: Bordering the residential area of ​​Tan Lap commune, Bac Tan Uyen district.
  • West: Bordering the rubber plantation land of Phuoc Hoa Rubber Joint Stock Company and the Phase 1 area.

Boundaries of VSIP 3 Industrial Park, Binh Duong

Transportation connections:

  • Ba Lua Port (Binh Duong): approximately 28 km
  • Saigon High-Tech Port: approximately 36 km
  • Tan Son Nhat International Airport: approximately 44 km
  • Cat Lai Port: approximately 50 km
  • Long Thanh Airport: approximately 58 km
  • Hiep Phuoc Port: approximately 62 km
  • Cai Mep Port: approximately 89 km
  • Moc Bai International Border Gate: approximately 88 km

4. Infrastructure System

VSIP 3 Binh Duong Industrial Park Planning – Phase 2:

Internal Transportation System:

  • Roads No. 1, No. 7, and D6 have a road width of 12m; sidewalks on the factory side are 8m wide, and on the green area side are 2m wide; the road width is 22m. Road D6 has 8m wide sidewalks on both sides and a road width of 28m.
  • Roads D1, D2, D5, No. 2, 3, 5, and 6 have a road width of 15m, sidewalks on each side are 8m wide, and the road width is 31m.
  • Road D4 has the widest road width at 41m, ensuring convenient traffic flow for heavy trucks.

Overall perspective of the entire area at VSIP 3 Industrial Park, Binh Duong.

Power Supply System:

  • Electricity is supplied from the 200kV Bac Tan Uyen, 220kV Uyen Hung, and 220kV Binh My substations via 110kV lines.
  • By 2050, three 110kV substations with a capacity of 2x80MVA are planned to serve the entire area.
  • Construction of 110/22kV substations and a 110kV transmission line system through the industrial park is planned.
  • Electricity is distributed to each area via 22kV lines.
  • Notably, the industrial park will also develop a 50-hectare solar power farm, providing on-site energy for large factories and contributing to environmental protection.

Clean water supply system:

  • Water is supplied from the D600 pipeline of the Nam Tan Uyen water treatment plant (capacity 70,000 m³/day) and the Uyen Hung water treatment plant (capacity 40,000 m³/day).
  • Two additional booster pump stations:
    • Station No. 1 (Southwest, D1 road): capacity 23,000 m³/day
    • Station No. 2 (Southeast, D6 road): capacity 38,000 m³/day

Wastewater treatment system:

  • Consisting of two wastewater treatment plants with a total capacity of 38,000 m³/day:
    • Plant No. 1 (Phase 1): capacity 6,000 m³/day
    • Plant No. 2 (Phase 2): includes 5 modules of 6,000 m³/day and 1 module of 2,000 m³/day, total capacity 32,000 m³/day
  • All treatment plants are equipped with automatic monitoring systems and a minimum 10m green buffer zone as per regulations.
  • The treated wastewater meets standard A according to QCVN 40:2011/BTNMT; a portion is reused for irrigation, road cleaning, and fire fighting.

5. Businesses operating in VSIP 3 Industrial Park, Binh Duong

Despite being in its early stages of development, VSIP 3 Industrial Park has quickly attracted the interest of over 30 businesses seeking to invest, corresponding to approximately 176 hectares of industrial land and a total projected capital of around US$1.8 billion. As of May 2025, the industrial park has recorded 8 licensed projects with a total investment exceeding US$1.6 billion.

Some notable projects include:

  • The world’s first carbon neutral factory by LEGO Group, with a total investment of US$1.3 billion and an area of ​​44 hectares. The project utilizes entirely solar energy and is expected to create jobs for over 4,000 workers when operational.
  • The US$150 million Pandora Production Vietnam factory of the Danish jewelry brand Pandora. Scheduled to be operational in 2026, the factory will have a capacity of approximately 60 million products per year and create jobs for more than 7,000 workers.
  • The factory is owned by Giant Group (Taiwan) with a total investment of approximately US$120 million.

LEGO factory in VSIP 3 Industrial Park, Binh Duong.