Binh Duong Industrial Capital: Navigating Strategic Potential Operations and Investment in Vietnam

Since the signing of the Free Trade Agreement (FTA), there has been a significant rise in demand for industrial park operations in Vietnam. As a result, according to the real estate market report recently published by MBS, by the end of 2023, Vietnam currently has 416 established industrial parks (IPs), with a total industrial land area reached about 89.2 thousand hectares.

One of the provinces with the most industrial parks (IPs) at present is Binh Duong, situated in the southern region of Vietnam. Known as the industrial capital, Binh Duong is home to 29 operational IPs, making it an ideal location for various industries, including high-tech factories, retailer, healthcare and cosmetics, storage, bonded warehouses, etc. Over the years, Binh Duong itself has attracted leading global companies such as Lego, Samsung, Adidas, Fujitsu, P&G, Unilever, etc. 

Then, what makes Binh Duong become the industrial center of the country and be the locality with the highest occupancy rate in the country?

Binh Duong's Strategic Location: A Key Driver for Business Success

Situated next to Ho Chi Minh City, Binh Duong is strategically linked to the Southern key economic quadrangle of Vietnam (Binh Duong - Dong Nai - Ba Ria Vung Tau - Ho Chi Minh City). It is also located close to major transportation routes, including highways, ports, and airports, and provides convenient access to domestic and international markets.

• 21 km to Ho Chi Minh City

• 22 km to Tan Son Nhat Airport

• 28 km to Tan Cang-Cat Lai Port

• 72 km to Cai Mep Port

Economic Incentives position Binh Duong as a Prime Destination for Investors

The Vietnamese government offers various economic incentives and preferential policies to businesses operating within industrial parks. As a result, Binh Duong has attracted a large number of domestic and foreign businesses to invest in the industrial sector.

• Tax Incentives & tax related benefits

• Land provision and land-related benefits 

• Streamlined administrative procedures

• Infrastructure and service support

Cluster Effect in Binh Duong drives Collaboration, enhancing its Industrial Prowess

By operating within an industrial park, warehouses benefit from the cluster effect of being surrounded by other businesses in related industries. This clustering fosters collaboration, and networking opportunities, which can lead to increased business opportunities and synergies. Binh Duong’s most major industrial parks are: VSIP, Song Than, My Phuoc, etc. 

DB SCHENKER - Your Ideal Partner for Logistics Solutions in Binh Duong

Benefiting from these advantages, DB SCHENKER has established its presence in two large IPs within the province: VSIP1 and Song Than 1. These warehouses span a total area of 4,300 m2 and 10,000 m2 respectively. Our main services include handling in/out, storage (pallet, shelving, etc.), ambient/cool room storage, picking & packing, and value-added services such as labeling, heating, kitting, etc.

To explore about our warehousing operations in BDU Industrial Zone, please visit our website or get in touch with our Contract Logistics experts.