The development, located in Canh Vinh Commune of Binh Dinh Province, is the latest of several VSIP (Vietnam – Singapore Industrial Parks) developments clustered in Central Vietnam where the government is keen to draw investments through incentives for manufacturers and create employment to encourage economic growth.
Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries, announced that it has held a groundbreaking ceremony of Becamex VSIP Binh Dinh Township and Industrial Park on September 27.
The ceremony was witnessed by Vietnam’s Deputy Prime Minister Truong Hoa Binh.

