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The Starits Times (26 March 2025)

Alyssa Woo

Singapore and Vietnam announced the virtual ground-breaking of the Vietnam-Singapore Industrial Park (VSIP) in Thai Binh province on March 26.

The 333ha VSIP Thai Binh is one of the 20 VSIPs which are a key plank of the two countries’ relationship.

VSIP Thai Binh is nestled within northern Vietnam’s growing industrial ecosystem and is set to become a key satellite industrial park, supporting a broad network of manufacturers and suppliers across high-value sectors such as electronic components, precision engineering and renewable energy. Industrial land at VSIP Thai Binh will be available for handover to customers in 2026.

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