VIETNAM-SINGAPORE INDUSTRIAL PARK J.V. CO.,LTD

VIETNAM-SINGAPORE INDUSTRIAL PARK J.V. CO., LTD (CÔNG TY LIÊN DOANH TNHH KHU CÔNG NGHIỆP VIỆT NAM - SINGAPORE), widely known as VSIP, stands at the forefront of Vietnam's industrial real estate development. Established on July 22, 2008, and registered under Business ID 3700230075, VSIP is a joint venture between Singapore's Vietnam Singapore Industrial Park Pte. Ltd (51% ownership) and Vietnam’s Investment and Industrial Development Joint Stock Corporation (49%). Its head office is strategically located at No. 8, Huu Nghi Boulevard, Binh Duong Province, with an active operational presence in Hai Phong and other key industrial hubs.

With more than 16 years of development, VSIP has become a symbol of successful bilateral cooperation and is recognized as one of Vietnam’s most reputable industrial park developers. The company’s main business focuses on investing in and developing industrial parks, complemented by property leasing and infrastructure services including water drainage and wastewater treatment.

As of 2024, VSIP reported total assets of USD 825.8 million, sales revenue of USD 272.74 million, and an impressive net profit of USD 59.22 million—a dramatic 170% year-over-year profit growth. These financial results are backed by strong working capital of USD 457.89 million and a robust equity base of USD 273.61 million. The upward momentum reflects renewed investment demand in Vietnam’s industrial sector and VSIP’s ability to attract high-quality tenants and execute large-scale land development efficiently.

Under the leadership of Nguyen P. T., General Director, VSIP employs approximately 400 staff and continues to expand its footprint nationwide. The company has played a crucial role in transforming underdeveloped land into thriving industrial hubs, which house multinational manufacturers and logistics enterprises. It has become synonymous with smart industrial zones that integrate manufacturing, urban services, and sustainable infrastructure.

With Vietnam’s increasing appeal as a global manufacturing destination, VIETNAM-SINGAPORE INDUSTRIAL PARK J.V. CO., LTD remains a pivotal player in shaping the country’s industrial future. For potential investors, tenants, and strategic partners, VSIP is not just a land developer—it is a long-term infrastructure partner.

Anyone looking to assess the company’s performance and credibility should consider requesting a business verification, conducting a credit profile check, and evaluating its financial risk metrics. These tools are essential to understanding the full value and investment security that VSIP offers in the evolving landscape of Vietnam’s industrial real estate market.