VSIP IP - Thai Binh - Hung Yen

VSIP Thai Binh Industrial Park – Hung Yen: Location, Infrastructure and Land Lease

VSIP Thai Binh Industrial Park brings the number of VSIP parks in Vietnam to 20. The project covers 333.4 ha with a total investment of VND 4,932 billion, inside the Thai Binh Economic Zone. Following the 2025 provincial merger, the park now sits in Dong Thuy Anh commune, Hung Yen province.

Ground was broken on 26 March 2025, during the official visit of Singapore Prime Minister Lawrence Wong. VSIP Thai Binh follows the new-generation VSIP model, focused on high-tech and environmentally friendly manufacturing. This article covers the park's location, infrastructure, target industries and how to lease land there.

Overview of VSIP Thai Binh

Phase 1 acquires about 278 ha of land in the former An Tan and Thuy Truong communes.

Location and transport links

VSIP Thai Binh sits in the heart of the Red River Delta, next to the Hanoi – Hai Phong – Quang Ninh economic triangle. Its proximity to seaports and international airports makes it convenient for import–export businesses.

Main roads serving the park:

•       Ninh Binh – Hai Phong Expressway (CT.08)

•       Quang Ninh – Thanh Hoa coastal road

•       The newly completed National Highway 37

•       Provincial Road DT.461

New-generation VSIP infrastructure

VSIP Thai Binh is developed under the VSIP 2.0 model, which emphasises green growth and cost efficiency for tenants. The model combines industry with services, science and technology, and smart urban development.

•       Internal road network fully built, connecting directly to Provincial Road DT.461.

•       Centralised wastewater treatment meeting environmental standards.

•       Power, water and telecoms supplied to the boundary of each plot.

•       Operating track record: VSIP has developed 20 industrial parks in Vietnam.

Detailed technical specifications (power capacity, water supply, wastewater treatment) are provided by SEE the SPACE together with each quotation.

Target industries

VSIP Thai Binh prioritises manufacturing, processing and industrial service projects with high added value, energy efficiency and low environmental impact:

•       High-tech, clean technology and energy-efficient industries

•       Electronic components

•       Mechanical engineering and manufacturing

•       Supporting industries

•       Renewable energy

Leasing land at VSIP Thai Binh

The main product is serviced industrial land, with plot sizes tailored to each investor. SEE the SPACE advises on two size groups:

Land rent, management fees and payment terms depend on plot location, size and timing. Contact SEE the SPACE for the latest quotation and a list of available plots.

Why invest in VSIP Thai Binh

•       Inside the Thai Binh Economic Zone: eligible for the investment incentives granted to economic zones under current regulations. Specific incentives depend on the industry and project size.

•       The VSIP brand: a Vietnam – Singapore joint venture developing industrial parks since 1996, experienced in working with FDI investors.

•       Close to seaports: about 10 km from Diem Dien Port and 40 km from Dinh Vu Port, lowering logistics costs.

•       Large, new land bank: 333.4 ha of cleared land, with room to allocate large plots for major projects.

Frequently asked questions

Where is VSIP Thai Binh located? In Dong Thuy Anh commune, Hung Yen province. Before the merger, the address was An Tan and Thuy Truong communes, Thai Thuy district, Thai Binh province.

How large is VSIP Thai Binh? 333.4 ha, with a total investment of VND 4,932 billion.

Who is the developer? Vietnam Singapore Industrial Park and Urban Development JSC (VSIP).

Is land at VSIP Thai Binh available for lease yet? Ground was broken on 26 March 2025. Contact SEE the SPACE for the latest handover schedule and available land.

How much is the land rent? Prices vary by plot and timing. SEE the SPACE provides a free quotation based on your requirements.

Contact for VSIP Thai Binh land leasing

SEE the SPACE – Your Space, Expertly Guided

SEE the SPACE is a professional property leasing consultancy, helping clients find and secure the office space and premises that best fit their needs.

•       📞 Phone: 0768 999 647

•       📩 Email: leasing@seethespace.vn

•       🌐 Website: seethespace.vn

Sources (in Vietnamese)

•       VTC News – Vietnamese and Singaporean PMs attend VSIP Thai Binh groundbreaking

•       Industry and Trade Magazine – VSIP Thai Binh groundbreaking, over 330 ha

•       VnEconomy – Thai Binh breaks ground on VND 4,900 billion project

•       Industry and Trade Magazine – Nearly VND 5,000 billion for VSIP Thai Binh

•       Doanh nhan & Phap luat – VSIP seeks EIA approval for VND 4,900 billion park

•       Doanh nghiep Hoi nhap – Site clearance for VSIP Thai Binh

•       Thu vien Phap luat – Thai Thuy district after the merger (Resolution 1666/NQ-UBTVQH15)