The 1,600 hectare VSIP Hai Phong was launched in January 2010 and adopts a model of an integrated industrial park and township, introducing residential, commercial and industrial mix. Key features of the VSIP Hai Phong would include a central business district, a four-kilometer stretch of waterfront land, financial and arts districts and convention centre. The VSIP Hai Phong shares borderless space with the future government civic area and university. As a whole, these developments will form a new metropolitan area north of the Cam River in the heart of Hai Phong City. As the Vietnam government views the VSIP Hai Phong critical to the economic and social development of Hai Phong City, the VSIP Hai Phong has been fully incorporated into the Dinh Vu-Cat Hai Economic Zone. It offers businesses operating in the VSIP Hai Phong government-supported investment incentives.