Business

Work begins on Vietnam-Singapore Industrial Park in Ha Tinh

Construction started on a Vietnam-Singapore Industrial Park (VSIP) in the central province of Ha Tinh on June 25.

Deputy Prime Minister Tran Hong Ha (C) and other delegates press the button to start work on Vietnam-Singapore Industrial Park in Ha Tinh (Photo: VNA)
Deputy Prime Minister Tran Hong Ha (C) and other delegates press the button to start work on Vietnam-Singapore Industrial Park in Ha Tinh (Photo: VNA)

Ha Tinh (VNA) – Construction started on a Vietnam-Singapore Industrial Park (VSIP) in the central province of Ha Tinh on June 25.

The first phase of the Ha Tinh VSIP project covers 190.41 hectares in Thach Ha district, and has a total investment of 1.55 trillion VND (60.8 million USD).

Speaking at the groundbreaking ceremony, Deputy Prime Minister Tran Hong Ha highly valued VSIP Group - a brand associated with a chain of industrial parks and industrial, urban and service complexes in many localities across the country.

With its reputation, brand, and experience in 28 years of investment cooperation in Vietnam, along with its strengths in technology, green vision and sustainable development strategy for the community, VSIP will contribute to Vietnam's green transition process.

Tan Cheng Guan, Executive Vice President in the Office of the Group President & CEO at Sembcorp Industries – the project’s investor, said that the strong development of VSIP Group is proof of the strong and long-term friendship between Singapore and Vietnam. Since the first park was established in 1996 in the southern province of Binh Duong, VSIP has succeeded in replicating the model across 13 provinces and cities in Vietnam. The groundbreaking ceremony of the VSIP Ha Tinh in the north central region marks another important milestone, he added.

There are currently 18 VSIPs across Vietnam, with a total area of 11,588 hectares. Operating VSIPs have attracted 930 customers from 30 countries and territories, with a combined investment capital of 21 billion USD, and created over 300,000 jobs.

Appreciating VSIP’s selection of Ha Tinh as its investment destination, Chairman of the provincial People’s Committee Vo Trong Hai pledged to strictly follow commitments and promptly address the investor’s recommendations and proposals./.

VNA
#Deputy Prime Minister Tran Hong Ha #Vietnam-Singapore Industrial Park #Ha Tinh #groundbreaking ceremony Ha Tinh
Follow VietnamPlus

Related News

The VSIP Lang Son covers an area of nearly 600 ha in two communes of Ho Son and Hoa Thang in Huu Lung district. (Photo: VNA)

Construction of new Vietnam-Singapore IP begins in Lang Son

The Lang Son provincial People’s Committee and the Vietnam Singapore Industrial Park and Township Development Joint Stock Company (VSIP JSC) on June 14 commenced the construction of VSIP Lang Son project – the 16th of its kind in Vietnam.

See more

Total market sales by the end of February reached 46,153 units, up 39% compared with the same period last year.

VAMA auto sales fell sharply in February

Of the total sales, passenger cars accounted for the largest share with 12,376 units, down 53% month-on-month. Commercial vehicles followed with 6,542 units, a decrease of 37%, while 360 specialised vehicles were sold, down 22% from the previous month.

A refilling station of Petrolimex (Photo: VNA)

Import tariffs on certain fuel products reduced to 0%

Rising tensions in the Middle East, particularly the conflict involving the US, Israel and Iran, have significantly affected the global energy market, especially shipping activity through the Strait of Hormuz – a strategic route for transporting crude oil from the region.

Fishermen raise the national flag before heading out to the sea to affirm Vietnam’s sovereignty over its seas and islands. (Photo: VNA)

Dong Thap promotes IUU awareness from start of fishing season

Gia Thuan commune, located in the eastern part of the province, is a key fishing locality with 563 fishing vessels, including 423 offshore boats and 140 nearshore vessels, producing an average annual catch of over 42,970 tonnes of seafood.

Industrial production surges in the first two months of 2026. (Photo: VNA)

Industrial production posts strong growth in first two months

According to the National Statistics Office (NSO) under the Ministry of Finance, the index of industrial production (IIP) in February was estimated to decrease 18.4% from the previous month but increase 1% year on year. Overall, in the January–February period, the IIP rose 10.4% compared with the same period last year.

A delegation from the Nghe An provincial People’s Committee inspects production and business activities at the VSIP Nghe An Industrial, Urban and Service Park. (Photo:nhandan.vn)

Nghe An steps up reforms to attract FDI

In 2025, the provincial People’s Committee licensed 25 new FDI projects and approved capital adjustments for 20 others, bringing the total newly registered and additional investment to more than 1 billion USD. Many large-scale projects in the Southeast Nghe An Economic Zone have already become operational, contributing to export growth, state budget revenues and job creation.