{"id":130726,"date":"2025-10-17T11:15:19","date_gmt":"2025-10-17T04:15:19","guid":{"rendered":"https:\/\/blueocean-realty.com\/?p=130726"},"modified":"2025-11-04T09:10:50","modified_gmt":"2025-11-04T02:10:50","slug":"binh-thuan-province-industrial-parks-attract-investment","status":"publish","type":"post","link":"https:\/\/blueocean-realty.com\/en\/binh-thuan-province-industrial-parks-attract-investment\/","title":{"rendered":"Binh Thuan Province Industrial Parks Attract Investment"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong><b>Binh Thuan Province Industrial Parks Attract Investment<\/b><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><b>Introduction to Binh Thuan Province<\/b><\/strong><\/p>\n<p style=\"text-align: justify;\">Binh Thuan is a coastal province located at the southernmost part of Vietnam\u2019s South Central Coast region. It lies within the Southern Key Economic Zone. The provincial capital, Phan Thiet City, is located 183 km south of Ho Chi Minh City, 250 km from Nha Trang, and 1,520 km north of Hanoi along National Highway 1A.<br \/>\nBinh Thuan boasts a 192 km-long coastline stretching from Mui Da Chet (bordering Ca Na, Ninh Thuan) to Binh Chau (Ba Ria &#8211; Vung Tau Province). The province features mountains, plains, and coastal areas, with numerous beautiful beaches such as Mui Ne, Hon Rom, and Co Thach. Off the coast lies Phu Quy Island District, covering 16.5 km\u00b2, serving as an important link between the mainland and the Truong Sa (Spratly) Archipelago.<\/p>\n<p style=\"text-align: justify;\"><strong><b>Investment Advantages<\/b><\/strong><\/p>\n<p style=\"text-align: justify;\">Binh Thuan possesses a vast fishing ground of 52,000 km\u00b2, one of the three largest in Vietnam, rich in high-value marine resources. The estimated reserves within 50-meter water depth reach 220,000\u2013240,000 tons, with an annual exploitable yield of around 120,000 tons. Valuable seafood species include shrimp, scallops, blood cockles, and pearl oysters.<br \/>\nThe province has a relatively complete transportation infrastructure \u2014 a great advantage for attracting tourism and industrial investments. Binh Thuan is located 200 km from Ho Chi Minh City and 120 km from Ba Ria &#8211; Vung Tau, connected by National Highways 1A, 55, and 28, as well as the North\u2013South railway. This strategic location supports economic and tourism development.<br \/>\nOver the years, Binh Thuan\u2019s economy has grown at an average rate of 12% per year, with abundant and diverse natural resources.<\/p>\n<h4 style=\"text-align: justify;\"><strong><b>Geographical Location<\/b><\/strong><\/h4>\n<p style=\"text-align: justify;\">Binh Thuan has a natural area of approximately 7,992 km\u00b2 and is geographically positioned as follows:<\/p>\n<ul>\n<li style=\"text-align: justify;\">Northeast: Borders Ninh Thuan Province<\/li>\n<li style=\"text-align: justify;\">West: Borders Dong Nai Province<\/li>\n<li style=\"text-align: justify;\">South: Borders the East Sea<\/li>\n<li style=\"text-align: justify;\">North: Borders Lam Dong Province<\/li>\n<\/ul>\n<h4 style=\"text-align: justify;\"><strong><b>Administrative Units<\/b><\/strong><\/h4>\n<p style=\"text-align: justify;\">The province comprises 1 city, 1 town, and 8 districts, totaling 127 commune-level administrative units, including 12 townlets, 19 wards, and 96 communes.<\/p>\n<h5 style=\"text-align: justify;\"><strong><b>Population<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">Binh Thuan is home to 34 ethnic groups, with the majority being Kinh, followed by Cham, Ra Glai, Hoa (mainly in Duc Nghia Ward, Phan Thiet City), Co Ho, Tay, Cho Ro, Nung, and Muong.<br \/>\nIn 2023, the province\u2019s population was estimated at 1,258,788, with 681,768 people employed. About 24,000 new jobs were created in 2023. The urban unemployment rate was 2.6%; the multidimensional poverty rate was 2.06%; and the average per capita income reached VND 54.3 million per year, up 5.11% from 2022.<\/p>\n<h5 style=\"text-align: justify;\"><strong><b>Education<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">Binh Thuan has consistently focused on improving its education system, maintaining universal preschool education for 5-year-olds and compulsory primary and lower secondary education.<br \/>\nAs of 2023, 226 out of 536 schools (42.16%) met national standards, including 59 preschools, 100 primary schools, and 66 lower secondary schools.<\/p>\n<h5 style=\"text-align: justify;\"><strong><b>Healthcare<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">The province maintains high-quality healthcare services, continuously improving diagnosis and treatment capacity across all levels. Administrative reforms and IT applications have been implemented to enhance medical service connections and insurance coverage.<\/p>\n<h5 style=\"text-align: justify;\"><strong><b>Tourism<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">With a warm climate year-round, clean beaches, and picturesque landscapes, Binh Thuan has become one of Vietnam\u2019s major tourism centers. Mui Ne\u2013Phan Thiet has been recognized as a National Tourism Area.<br \/>\nThe province has developed a range of tourist complexes for resorts, sports, yachting, fishing, golf, and wellness tourism, particularly in Mui Ne, Ham Tan, and Tuy Phong. The Sealinks Golf Course and high-end resorts in Phan Thiet cater to both tourists and investors.<\/p>\n<h5 style=\"text-align: justify;\"><strong><b>Transportation Infrastructure<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">Binh Thuan lies on Vietnam\u2019s North\u2013South transport corridor, connected by National Highways 1, 55, and 28.<\/p>\n<ul>\n<li style=\"text-align: justify;\"><strong><b>Railway:<\/b><\/strong>\u00a0The North\u2013South railway runs 190 km through the province with 11 stations, including Binh Thuan and Phan Thiet stations. The high-speed North\u2013South railway and expressway also pass through the province.<\/li>\n<li style=\"text-align: justify;\"><strong><b>Roads:<\/b><\/strong>\u00a0The main routes include National Highways 1A, 55, and 28, all upgraded to support economic growth.<\/li>\n<li style=\"text-align: justify;\"><strong><b>Aviation:<\/b><\/strong>\u00a0Phan Thiet Airport began construction in 2015 in Thien Nghiep Commune, and a new airport is planned for northern Phan Thiet.<\/li>\n<li style=\"text-align: justify;\"><strong><b>Seaport:<\/b><\/strong>\u00a0With a 192 km coastline and proximity to international shipping routes, Binh Thuan has developed Phan Thiet and Phu Quy ports, upgraded several fishing ports, and planned major ports such as Ke Ga General Port (70,000 DWT) and Vinh Tan Specialized Port.<\/li>\n<\/ul>\n<h5 style=\"text-align: justify;\"><strong><b>Economic Development in 2023<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">In 2023, Binh Thuan achieved positive socio-economic results. The opening of the North\u2013South Expressway (Vinh Hao\u2013Phan Thiet and Phan Thiet\u2013Dau Giay sections) and the hosting of \u201cNational Tourism Year 2023 \u2013 Binh Thuan: The Green Convergence\u201d significantly boosted investment and tourism.<br \/>\nThe province\u2019s GRDP increased by 8.1% compared to 2022, with agriculture up 3.31%, industry and construction up 6.55%, and services up 14.37%. Per capita GRDP reached VND 86.66 million (USD 3,703), up 12.53%.<\/p>\n<h5 style=\"text-align: justify;\"><strong><b>Key Development Goals 2024\u20132025<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">For 2024, Binh Thuan targets GRDP growth of 8\u20138.5%, labor productivity growth of 6.4%, export turnover of USD 1.011 billion, and state budget revenue of VND 10 trillion. The province aims to strengthen administrative reform and improve its business environment.<\/p>\n<h3 style=\"text-align: justify;\">Binh Thuan Province Industrial Parks Attract Investment<\/h3>\n<p style=\"text-align: justify;\">With over 25 years of industrial development, Binh Thuan currently has 9 industrial park (IP) infrastructure projects with a total investment of over VND 7,224 billion.<br \/>\nFive IPs are operational: Phan Thiet I, Phan Thiet II, Ham Kiem I, Ham Kiem II, and Song Binh. Three are delayed \u2014 Tuy Phong, Tan Duc, and Son My 1 \u2014 while Son My 2 has recently received investment approval from the Prime Minister.<br \/>\nThese IPs have attracted 87 secondary projects (62 domestic and 25 foreign), with total registered capital exceeding VND 16,722 billion and USD 206.33 million. Investors come from Taiwan (China), Belize, Japan, Samoa, and China. Industrial parks have created thousands of jobs \u2014 from 2,500 workers in 1998\u20132005 to about 11,000 today.<\/p>\n<h5 style=\"text-align: justify;\"><strong><b>Human Resource Development and Future Goals<\/b><\/strong><\/h5>\n<p style=\"text-align: justify;\">Binh Thuan promotes sustainable industrial development by focusing on key industries, high-tech sectors, and support industries. Investment attraction is selective, prioritizing high-value, technology-driven, and environmentally friendly projects.<br \/>\nThe province collaborates with training institutions and IP investors to forecast labor demand and prioritize local workforce recruitment.<br \/>\nAccording to the Provincial Industrial Park Management Board, Binh Thuan aims to operate 10 IPs effectively by 2030 and consider expanding or establishing 6 new IPs as needed.<br \/>\nThe immediate goal is to complete infrastructure and fill existing IPs by 2030, focusing on developing the Tan Duc Industrial Park and forming a comprehensive complex combining industry, urban development, logistics, ports, and LNG storage in the Ham Tan \u2013 La Gi area.<br \/>\nAuthorities will continue to support and supervise ongoing IP projects such as Son My 1, Tan Duc, and Son My 2 to ensure timely progress and attract more secondary investments.<\/p>\n<figure id=\"attachment_132970\" aria-describedby=\"caption-attachment-132970\" style=\"width: 800px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-132970 size-full\" src=\"https:\/\/blueocean-realty.com\/wp-content\/uploads\/2025\/10\/fb-19.jpg\" alt=\"Binh Thuan Province Industrial Parks Attract Investment\" width=\"800\" height=\"400\" \/><figcaption id=\"caption-attachment-132970\" class=\"wp-caption-text\">Binh Thuan Province Industrial Parks Attract Investment<\/figcaption><\/figure>\n<h5 style=\"text-align: justify;\"><strong>Learn more about us:<\/strong><\/h5>\n<p style=\"text-align: justify;\">&#8212;<\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"https:\/\/blueocean-realty.com\/en\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #3366ff;\">Blue Ocean Realty<\/span><\/a><\/strong><\/p>\n<p style=\"text-align: justify;\">Your trusted partner in <strong><a href=\"https:\/\/blueocean-realty.com\/en\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><span style=\"color: #3366ff; text-decoration: underline;\">Vietnam Real Estate<\/span><\/span><\/a><\/strong>, Industrial Parks, and <strong><a href=\"https:\/\/blueocean-realty.com\/en\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><span style=\"color: #3366ff; text-decoration: underline;\">Invest Vietnam<\/span><\/span><\/a><\/strong>.<\/p>\n<p style=\"text-align: justify;\">Stay Connected:<\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: left;\"><strong>Fanpage:<\/strong> <span style=\"text-decoration: underline;\"><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.facebook.com\/blueoceanrealtyvn\/\" target=\"_blank\" rel=\"noopener\">blueoceanrealtyvn<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><strong>Youtube:<\/strong> <span style=\"text-decoration: underline;\"><span style=\"color: #0000ff; text-decoration: underline;\"><a style=\"color: #0000ff; text-decoration: underline;\" href=\"https:\/\/www.youtube.com\/c\/BlueOceanRealty\" target=\"_blank\" rel=\"noopener\">BlueOceanRealty<\/a><\/span><\/span> ,\u00a0<span style=\"text-decoration: underline;\"><span style=\"color: #0000ff; text-decoration: underline;\"><a style=\"color: #0000ff; text-decoration: underline;\" href=\"https:\/\/www.youtube.com\/@batdongsanbor\" target=\"_blank\" rel=\"noopener\">@batdongsanbor<\/a><\/span><\/span>\u00a0, <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.youtube.com\/@blueoceanrealtyvietnam\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">@blueoceanrealtyvietnam<\/span><\/a><\/span><\/li>\n<li style=\"text-align: left;\"><strong>Instagram:<\/strong> <span style=\"text-decoration: underline;\"><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.instagram.com\/blueoceanrealtyvn\/\" target=\"_blank\" rel=\"noopener\">blueoceanrealtyvn<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><strong>Tiktok:<\/strong> <span style=\"text-decoration: underline;\"><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.tiktok.com\/@bortintuc\" target=\"_blank\" rel=\"noopener\">@bortintuc<\/a><\/span><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Hotline\/ Zalo:<\/strong> <span style=\"color: #0000ff;\"><strong>+84888089696<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binh Thuan Province Industrial Parks Attract Investment. Binh Thuan has a natural area of approximately 7,992 km2. Hotline: +84888089696<\/p>\n","protected":false},"author":2,"featured_media":132966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4668,4671,4641],"tags":[4776,4945,4690],"class_list":["post-130726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-industrial-realty","category-invest","tag-attract-investment","tag-binh-thuan-province","tag-industrial-parks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Binh Thuan Province Industrial Parks Attract Investment - Blue Ocean Realty<\/title>\n<meta name=\"description\" content=\"Binh Thuan Province Industrial Parks Attract Investment. Binh Thuan has a natural area of approximately 7,992 km2. 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