Nam Binh Xuyen Industrial Park (IP) was approved for inclusion in Vinh Phuc Province’s industrial park planning per Official Document No. 1581/TTg-KTN dated September 3, 2009, issued by the Prime Minister. On January 7, 2022, the detailed 1/500 scale construction plan of the park was approved under Decision No. 36/QD-UBND by the Vinh Phuc Provincial People’s Committee.
The park’s investment policy was endorsed on March 19, 2021, through Decision No. 399/QD-TTg by the Prime Minister. The total area spans 295.7 hectares, located in Phu Xuan, Tan Phong, Dao Duc, and Huong Canh communes, Binh Xuyen district, Vinh Phuc province. The project is developed by Nam Binh Xuyen Green Park Development Co., Ltd., a consortium of J&D Partner Co., Ltd., and VK Investment Consulting Co., Ltd., with a total investment exceeding VND 2,200 billion.
The project construction is divided into two phases:

• Phase 1: Covers 153.5 hectares, commenced in August 2021.

Phase 2: Scheduled for completion between January 2023 and March 2026.
The park’s infrastructure includes modern facilities such as a central control room, AI security, fire stations, educational areas, e-commerce systems, wastewater treatment plants, recyclable waste systems, and solar energy systems. With strong financial backing from South Korean investors, the project adheres to high-quality standards and timely delivery.
Focusing on eco-friendly and smart infrastructure, the park allocates 10 hectares for green spaces and eco-friendly lakes. The park aims to attract investments in high-tech industries, supporting industries, electronics and telecommunications, cosmetics, medical equipment, construction materials, and agro-forestry-fishery processing.
Strategically located near major economic zones, Nam Binh Xuyen IP contributes to Vinh Phuc’s sustainable development strategy and focuses on high-tech industrial growth. Backed by South Korean technological expertise, the park is expected to provide quality industrial land and commenced operations in Q2/2023.