To meet the strong demand, the VSIP set up a second park, named VSIP Binh Duong, in 2006 within the Binh Duong New Township, approximately 32 km north of Ho Chi Minh City, and just 15km north of the maiden VSIP. This 345-ha development also houses a logistics park, offering ready-build & built-to-suit warehouses and distribution centres.
In 2008, to meet the increasing demand of investors, VSIP Binh Duong expanded within the Binh Duong New Township, this time adding 1,700 hectares which comprises 1,000 hectares of industrial zone and 700 hectares township.
Today, the brand has two presense in southern Vietnam, the maiden VSIP and the VSIP Binh Duong, occupying a total of 2,845 ha in gross project size. It is one of the most successful industrial park brands in Vietnam where more than 440 customers from 22 countries and territories around the world have chosen to establish their long-term investment projects, and attracting total investment capital of US$5.3 billion.