Office - Commercial Space
Nam Dinh Vu Industrial Park (NDVIP), located in Hai Phong, Vietnam, presents a compelling opportunity for Singaporean enterprises seeking investment and manufacturing expansion. The park's strategic location, integrated logistics infrastructure, investor-friendly policies, and commitment to sustainable development make it an ideal destination for businesses aiming to enhance their operations in Southeast Asia.
Strategic Location and Integrated Logistics
NDVIP is uniquely positioned within the Dinh Vu-Cat Hai Economic Zone, serving as a pivotal gateway to both domestic and international markets. It stands out as the only industrial park in Hai Phong equipped with an internal international seaport—Nam Dinh Vu Port—which offers direct access to major maritime routes. This strategic advantage significantly reduces transportation costs and optimizes supply chain efficiency for investors. The park's modern infrastructure includes container terminals and liquid cargo terminals, catering to diverse logistics needs and enhancing its appeal to foreign direct investment (FDI). (1)
Investor-Friendly Policies
Vietnam's favorable investment policies have been instrumental in attracting Singaporean businesses to NDVIP. The Dinh Vu-Cat Hai Economic Zone, where NDVIP is located, has attracted $26.2 billion in FDI, accounting for more than 80% of Hai Phong's total FDI, with Singaporean investments totaling $3 billion (2).These policies, combined with the park's strategic location and infrastructure, have positioned NDVIP as a highly attractive option for enterprises seeking long-term growth in Vietnam.
Sustainable Development Initiatives
NDVIP is committed to sustainable and green development, aligning with global trends toward environmental responsibility. The park integrates eco-friendly practices and infrastructure, appealing to companies that prioritize sustainability in their operations. This commitment not only enhances the quality of the industrial environment but also ensures compliance with international environmental standards, benefiting businesses aiming for sustainable growth. (3)
Proven Track Record with Singaporean Enterprises
The successful collaboration between Vietnam and Singapore in industrial development is exemplified by the Vietnam-Singapore Industrial Park (VSIP) projects. A recent development includes the establishment of an $88 million VSIP facility in Nam Dinh province, marking the first phase of the 1,100-hectare Hai Long Industrial Park. This project underscores the strong bilateral ties and the confidence Singaporean enterprises have in Vietnam's industrial zones. (4)
Comprehensive Support Services
NDVIP offers comprehensive support services to investors, including streamlined administrative procedures and robust infrastructure support. The park's management provides assistance throughout the investment process, ensuring a smooth and efficient setup for manufacturing operations. This investor-centric approach minimizes potential challenges and enhances the overall investment experience.
In conclusion, Nam Dinh Vu Industrial Park offers Singaporean enterprises a strategic and supportive environment for investment and manufacturing expansion. Its strategic location, integrated logistics, favorable investment policies, commitment to sustainability, and proven success with international investors make it a prime choice for businesses aiming to establish or expand their presence in Vietnam and the broader Southeast Asian market.
Source:
Vietnam Investment Review
Nhan Dan
Vietnam Investment Review
The Investor
Industrial Park In Vietnam – Invest The Right Way: Vietnam Industrial Zone List
