Binh Thuan is a province in the South Central Coast region, notable for its simultaneous development of industry, tourism, and agriculture. The establishment of industrial parks in Binh Thuan has significantly boosted the province's economic growth. The province's industry has grown steadily, with an average annual growth rate of about 16-17%. Thanks to its natural advantages and geographical location, Binh Thuan has great potential to become one of the leading industrial provinces, on par with localities like Ho Chi Minh City, Bình Dương, Đồng Nai, and Bà Rịa – Vũng Tàu. Below, BIC provides you with information about the industrial parks in Binh Thuan to give you an overview of these industrial zones.
- Location: Son My Commune, Ham Tan District, Binh Thuan
- Area: 1610 hectares
- Investor: Son My IPICO Co., Ltd.
Established in 2017, Son My Industrial Park has a total investment of over 2,300 billion VND. The project is implemented in two phases, with phase 1 covering 1,070 hectares and phase 2 covering 540 hectares.
Son My Industrial Park is located adjacent to National Highway 55, in Ham Tan District, near Đồng Nai and Bà Rịa - Vũng Tàu provinces. Its strategic location in the southern key economic region is advantageous, being only 90 km from Phan Thiet city and 60 km from Thị Vải – Cái Mép port.
Son My is a multi-industry park, focusing on energy industries such as electricity, building materials, mechanical engineering, manufacturing, assembly, information technology electronics, and agricultural and forestry product processing along with consumer goods. This industrial park has attracted many important industries, contributing to the province's economic development.
- Location: Tan Duc Commune, Ham Tan District, Binh Thuan
- Area: 300 hectares
- Investor: Sonadezi Binh Thuan Co., Ltd.
Tan Duc Industrial Park, established in 2021, covers an area of 300 hectares. The project has a total investment of 1,200 billion VND, with state capital accounting for 400 billion VND.
Located in Ham Tan District, Tan Duc Industrial Park is about 200m from National Highway 1. The park's location is very convenient, being only 3 km from the Dầu Giây - Phan Thiet expressway, 75 km from Long Thành Airport, and 90 km from Cái Mép port.
Tan Duc Industrial Park focuses on attracting non-polluting industries, including textile production, building materials, machinery and equipment manufacturing, pharmaceuticals, and food production.
- Location: Vinh Hao Commune, Tuy Phong District, Binh Thuan
- Area: 150 hectares
- Investor: Tan Đai Tien Binh Thuan Co., Ltd.
Tuy Phong Industrial Park (TPIP) started in 2014 with an area of 150 hectares. To date, the project has completed land clearance and site leveling for nearly 73% of the total area.
This industrial park is located in Tuy Phong District, adjacent to National Highway 1A, about 97 km from Phan Thiet city, 50 km from Phan Rang city, and 6 km from Vĩnh Tân general port.
Tuy Phong Industrial Park attracts investment in industries such as agriculture-forestry-fisheries support, pharmaceutical production, cosmetics, medical equipment, mechanical assembly, steel rolling, aluminum, agricultural-forestry-fisheries processing, and paper industry.
- Location: Tan Phuoc Commune, La Gi Town, and Son My Commune, Ham Tan District, Binh Thuan
- Area: 5000 hectares
- Investor: Becamex IDC Corporation and Vietnam-Singapore Industrial Park Joint Venture Co., Ltd.
Becamex VSIP Binh Thuan Industrial Park, started in 2020, covers a total area of nearly 5,000 hectares, with 3,000 hectares for the industrial park and 2,000 hectares for urban development.
+ Phase 1 (2020 – 2023): Construction of Son My 2 Industrial Park, service-urban-resettlement area.
+ Phase 2 (2021 – 2030): Construction of Industrial Park, Service-Urban 1 and Service-Urban 2 areas, Coastal Service-Urban area.
With a total investment of 3 billion USD, this industrial park is expected to become an attractive destination for large domestic and international enterprises upon completion.
Becamex VSIP is one of the industrial parks in Binh Thuan with a very advantageous location, near seaports, Phan Thiet and Long Thanh international airports, and the Dau Giay – Phan Thiet expressway and National Highway 55.
- Location: Ham Kiem Commune, Ham Thuan Nam District, Binh Thuan
- Area: 433 hectares
- Investor: Hoang Quan Binh Thuan Real Estate Co., Ltd.
Ham Kiem Industrial Park has a total area of 580 hectares and is developed in two phases: phase 1 with 146 hectares and phase 2 with 433 hectares. With a total investment of 273 billion VND, the industrial park is currently 43% occupied.
Located adjacent to National Highway 1A, Ham Kiem Industrial Park has a convenient location, 12 km from Phan Thiet city center, about 187 km from Ho Chi Minh City, 7 km from Binh Thuan station, and 11 km from Phan Thiet station.
Ham Kiem Industrial Park is an attractive destination for industries such as food processing, garment, agricultural machinery assembly, electronics assembly, consumer goods production, mechanical engineering, furniture production, and handicrafts.
- Location: Phong Nam Commune, Phan Thiet City and Hàm Liem Commune, Ham Thuan Bac District, Binh Thuan
- Area: 100 hectares
- Investor: Binh Thuan Building Materials & Minerals Co., Ltd.
Phan Thiet Industrial Park was established in 2007 with an area of over 100 hectares, divided into two phases: phase 1 with 68 hectares and phase 2 with 40.7 hectares. Notably, this is one of the few industrial parks in Binh Thuan with a 100% occupancy rate.
Located in a prime location between Phan Thiet city and Ham Thuan Bac District, Phan Thiet Industrial Park is situated at the intersection of National Highway 1A and National Highway 28. The convenient location means it is 198 km from Ho Chi Minh City, 250 km from Nha Trang, and 150 km from Đà Lạt.
The priority industries in Phan Thiet Industrial Park include ceramic tile production, furniture, building materials, and interior decoration. Additionally, there are industries in garment, agricultural product processing, food production, fruit and beverage production.
- Location: Song Binh Commune, Bac Binh District, Binh Thuan
- Area: 305 hectares
- Investor: Rang Đong Co., Ltd.
Song Binh Industrial Park was established with a planned area of 305 hectares. Currently, the occupancy rate is about 33%.
Located in Bac Binh District, Song Binh Industrial Park is in a prime location, near the intersection of the trans-Vietnam expressway and National Highway 1A, about 700m from National Highway 28B, and 0.5 km from the North-South railway. Additionally, it is about 10 km from National Highway 1A, 50 km from Phan Thiet city center, and 60 km from Vĩnh Tân deep-water port.
Song Binh Industrial Park is notable for being the only site specializing in deep processing of titanium resources. With a multi-sector approach and modern technology, this industrial park develops industries such as mechanical assembly, consumer goods production, and electronic components manufacturing.
- Location: Tan Binh Commune, La Gi Town, Binh Thuan
- Area: 50 hectares
- Investor: Đong Duong Co., Ltd.
Tan Binh Industrial Cluster has a total area of 50 hectares, smaller than other industrial parks in Binh Thuan. Located about 167 km from Ho Chi Minh City and 55 km from Phan Thiet city, this cluster is also close to Lagi port, only 9 km away, and 95 km from Cai Mep - Thi Vai port.
The highlight of Tan Binh Industrial Cluster is the strong development of industries such as anchovy processing, fish sauce production, and industries serving agriculture, forestry, and fisheries.
- Location: Thang Hai Commune, Ham Tan District, Binh Thuan
- Area: 140 hectares
- Investor: Bao Thu Industrial Investment & Development Co., Ltd.
Thang Hai Industrial Cluster, with a total area of 140 hectares, is located in Binh Thuan and along National Highway 55. Its geographical location is also very convenient, being only 80 km from Phan Thiet city, 54 km from Bà Rịa city, 125 km from Ho Chi Minh City, 68 km from Phu My port, and 65 km from Cái Mép port.
The project is currently in phase 1, with infrastructure development on 50 hectares. Thang Hai Industrial Cluster is expected to attract key industries such as titanium processing, glass sand processing, high aluminum ore processing, wood processing, and solid biofuel production.
Binh Thuan's coastline, stretching 192 km with favorable natural conditions, has long been a key driver of the local economy. However, besides tourism, this region has significant potential to develop industrial parks, creating a balance between these sectors. Industry currently accounts for 33.5% of the province's GDP, according to 2022 data.
Binh Thuan is strategically located as a gateway connecting the South Central Coast with other southern provinces. With increasingly developed transportation infrastructure, including expressways like Vinh Hao - Phan Thiet and Phan Thiet - Dau Giay, Binh Thuan has become a major connection point with Ho Chi Minh City and Phan Thiet, as well as airports like Tân Sơn Nhất and the future Long Thành Airport. The Long Thành Airport project is considered a significant step, promising to bring many economic development opportunities and ensure national security.
In terms of labor resources, Binh Thuan has over 670,000 workers, mostly active in the economy. The abundance of this labor force plays a crucial role in attracting investment. The skill and capability of the workforce help reduce training time and improve labor efficiency.
These favorable conditions have laid the foundation for Binh Thuan to attract investment from many large enterprises. There are currently 9 industrial parks covering more than 3,000 hectares, of which 6 have completed infrastructure. With the participation of corporations like Becamex-VSIP, Sonadezi, IPICO, and many other international companies, Binh Thuan continues to attract new investment. To date, there have been 2 new investment projects with a total investment of up to 995 billion VND and 3.6 million USD. This also contributes to attracting more industrial investment, helping Binh Thuan develop strongly, similar to Binh Duong and Đong Nai.
Notably, Phu My port has become the destination for super-heavyweight ships, transporting goods directly to countries in Europe and America without needing to go through international transshipment stations. Cai Mep - Thi Vai port is also planned to become a "super port" in the southern key economic region. Therefore, Binh Thuan has become a "magnet" attracting many investors to set up production plants here.
Binh Thuan's industrial parks possess advantageous locations near the sea, large land areas, and surrounding mountains, ensuring that investors do not need to worry about wear and tear on facilities or depreciation of machinery and equipment. This is a prime location for building factories and developing businesses. Please contact BIC if you need consulting on factory construction investment in Binh Thuan industrial parks
