Vĩnh Lộc Industrial Park: Businesses, Location, and Opportunities

Vinh Loc Industrial Park – one of the oldest and most reputable industrial cradles in Ho Chi Minh City – has affirmed its solid position after nearly three decades of formation and development. With a strategic location right in the center of the key economic quadrangle of the Southwest, adjacent to National Highway 1A, only 8–10 km from Tan Son Nhat Airport, about 15 km from the city center, and with major ports within reach, Vinh Loc is not only an ideal logistics hub but also a top choice for hundreds of domestic and foreign enterprises. Since its establishment was approved by the Prime Minister in 1997 under Decision 81/QD-CP, with a planned area of over 207 hectares (later adjusted to about 203 hectares), the industrial park has overcome many challenges to become a typical success model, attracting over 150 investment projects, creating jobs for tens of thousands of workers, and receiving many noble awards, including the First-Class Labor Medal. Today, Vinh Loc continues to be a symbol of sustainable development, synchronous infrastructure, and a friendly investment environment in the economic powerhouse of the South.

1. General Introduction to Vinh Loc Industrial Park

Vinh Loc Industrial Park (Vinh Loc IP) is one of the oldest, largest, and most important industrial parks in Ho Chi Minh City, located in the key economic region of the Southwest. This IP has significantly contributed to industrial development, job creation, and regional logistics promotion, with its synchronous infrastructure and strategic location.

Strategic Location and Transportation Connectivity

Vinh Loc IP is located in Binh Hung Hoa B Ward (Binh Tan District), Vinh Loc A Commune (Binh Chanh District), and Ba Diem Commune (Hoc Mon District), Ho Chi Minh City (after administrative adjustments from 2025, it will mainly belong to Binh Tan Ward and neighboring communes).

Distance to key locations:

• Tan Son Nhat International Airport: about 8-10 km (very convenient for air transport).
• HCMC Center (District 1): about 10-15 km.
• Saigon Port (main ports): about 10-15 km.
• National Highway 1A: directly adjacent or only 1 km away (fronting National Highway 1A).

Outstanding logistics advantages: Located in the key economic quadrangle of the Southwest, with quick connections to the HCMC – Trung Luong Expressway, National Highway 1A, major arterial roads, and seaports. This helps reduce transportation costs and logistics time, making it especially convenient for importing and exporting goods by road and air.

History of Formation and Development

Vinh Loc IP was established under Decision No. 81/QD-CP dated February 5, 1997, by the Prime Minister, with a total projected infrastructure investment of 500 billion VND. Construction began on April 30, 1997, in Binh Chanh District (which was agricultural land at the time).

Investor and management unit: Cho Lon Import-Export and Investment Joint Stock Company (CHOLIMEX) is the infrastructure investor; the management and operation unit is Vinh Loc Industrial Park One Member Limited Liability Company (under CHOLIMEX, 100% state-owned capital after its conversion in 2007).

Key development milestones:

• 1997-2000: Basic infrastructure construction.
• 2000-2007: Strong investment attraction, overcoming the Asian economic crisis.
• 2007: Management model transformation.
• To date: Attracted over 150 enterprises (domestic and foreign), creating jobs for about 23,000 workers.
• Outstanding achievements: Awarded the First-Class Labor Medal in 2017 by the State President, along with many certificates of merit from ministries, sectors, and the HCMC People’s Committee for excellent contributions to socio-economic development.

Scale and Planned Area

Initial total area: 207 ha. After adjustment (a reduction of about 3.8 ha to build a resettlement and worker accommodation area), the remaining area is 203.1768 ha (some sources state 203.168 ha).

Land allocation (detailed planning):

• Industrial land (for lease): Approximately 189 ha (the majority).
• Land for services, technical infrastructure, and internal transport.
• Land for green spaces and landscaping.
• Worker accommodation area: Approximately 24,405 m² (3 nine-story apartment blocks, 344 rooms, with a capacity for up to 2,400 people).

Current occupancy rate (updated 2025): 99% of leasable industrial land area (nearly 100% according to some sources), with over 150 businesses operating effectively.

Distinguishing Between Vinh Loc IP and Vinh Loc 3 IP

To avoid confusion:

• Vinh Loc IP (or existing Vinh Loc IP/A): Established in 1997, area of 203-207 ha, located in Binh Tan District, Binh Chanh District, and Hoc Mon District. Investor: CHOLIMEX. Orientation: Multi-sector industry (mechanical engineering, electronics, garments, food processing…), nearly 100% occupied, focusing on stable operations and infrastructure upgrades.
• Vinh Loc 3 IP (or Vinh Loc expansion, later phase): Scale of about 210-56 ha (depending on the phase, some sources mention a 56 ha Vinh Loc expansion), located in Vinh Loc A Commune, Binh Chanh District. Also invested by CHOLIMEX, implemented since 2014 with significant capital. Orientation: A continuation of the existing Vinh Loc IP, prioritizing clean industries with low pollution; lower occupancy rate (about 5% according to old data), currently under development to expand industrial space.

Vinh Loc IP is a typical success model in HCMC, with a prime location, complete infrastructure, and significant contributions to the local economy. Interested businesses should contact CHOLIMEX or the Management Board directly for the latest information.

2. World-Class Infrastructure & Utility Services

Vinh Loc Industrial Park (Vinh Loc IP) is invested with synchronous, modern infrastructure meeting national and international standards, ensuring stable, safe, and environmentally friendly production activities. With over 25 years of development (as of 2025), the IP has perfected its technical systems, effectively supporting more than 150 businesses (occupancy rate ~99%).

Internal transportation system

The internal road system is scientifically designed, spacious, and suitable for heavy trucks and containers.

Main arterial road: 8m right-of-way with 2 lanes.

Branch/secondary roads: 5-8m right-of-way with 2 lanes.

The roads are paved with hot mix asphalt or concrete, have high load-bearing capacity, and ensure convenient goods transportation. Sidewalks are wide, with green trees providing shade and reducing noise. A complete public lighting system runs along all routes, operating 24/7 to ensure traffic safety at night.

Energy & Telecommunications Supply

Power system: Sourced from the national grid via a 110/35/22 kV substation, with a capacity of 2×40 MVA (total 80 MVA). A dual-circuit branch line ensures a stable 24/7 supply, preventing production interruptions (with high redundancy).

Clean water supply system: A looped distribution pipeline network, 3 groundwater treatment stations with a total designed capacity of 7,500 m³/day (some sources report current exploitation at about 7,000 m³/day, with large surplus capacity). Water quality meets the QCVN 01-1:2018/BYT standard of the Ministry of Health (suitable for production and daily use). Additional connection to the clean water source from Saigon Water Corporation (SAWACO).

Telecommunications & IT system: Fully equipped with ADSL, fiber optic, telephone lines, and stable high-speed internet, supporting large data transmission and Industry 4.0 technologies.

Environmental Management & Waste Treatment

Centralized wastewater treatment plant: Designed capacity of 9,000 m³/day (some sources state 6,000-9,000 m³/day, operational since 2008). Modern technology (biological treatment combined with filtration and disinfection), treated wastewater meets QCVN 40:2011/BTNMT Column A standards (according to the discharge permit from the Ministry of Natural Resources and Environment).

Drainage system: Completely separate systems for rainwater (discharged directly) and wastewater (collected and sent to the treatment plant).

Solid waste & emissions: Collected and sorted according to regulations; businesses contract with specialized units for treatment. The IP applies strict environmental management standards (aiming for ISO 14001, although some sources mention ISO 17025-2005 for its testing laboratory).

Regulations for businesses: Businesses must pre-treat their wastewater to meet standards before discharging into the common system; comply with periodic environmental monitoring, and prioritize clean, low-pollution industries. The IP is committed to environmental protection and sustainable development.

Supporting Utilities and Community Services

Banking & finance: A Vietcombank branch (North Saigon Branch) and other major banks (BIDV, VietinBank, Techcombank…) are nearby or within the area; convenient ATMs are available.

Catering & commerce: Industrial catering services, restaurants, Coopfood supermarket (providing goods, essential necessities, open late).

Healthcare & Firefighting: Nearby medical center/clinic (~2km from Tan Binh General Hospital); standard fire prevention and fighting system (hydrants located every 150m, connected to the clean water pipeline, fully equipped).

Worker accommodation area: Area of 24,405.4 m², consisting of 3 9-story apartment blocks with 344 rooms, accommodating up to 2,400 people. Amenities: Various room types (shared for singles, family), kitchen, private bathroom, drying area, elevator, on-site supermarket.

Recreation & sports: Sports center, youth union hall, green parks, and green spaces along roads and in concentrated areas create an airy environment.

With world-class, synchronous infrastructure and comprehensive support services, Vinh Loc IP continues to be a top choice for businesses in HCMC, ensuring efficient production and a good quality of life for workers. Interested businesses should contact Vinh Loc Industrial Park One Member Co., Ltd. (CHOLIMEX) for the latest details.

3. Investment-Attracting Industries & Representative Enterprises

Vinh Loc Industrial Park (Vinh Loc IP) is one of the oldest and most successful industrial parks in Ho Chi Minh City, with an occupancy rate of ~99% and over 150 active businesses (creating jobs for about 23,000 workers). The IP prioritizes attracting light, clean, and low-pollution industries that align with the urban and environmental planning of HCMC.

List of Priority and Encouraged Investment Sectors

Vinh Loc IP focuses on clean industries, high technology, and low-pollution sectors, including:

• Mechanical engineering, electronics assembly, and home appliances.
• Garments, textiles, and footwear.
• Food processing, packaged foods, and beverages.
• Paper production, carton packaging, and plastic packaging.
• Pharmaceuticals and medical products.
• Metal goods, gas products, tobacco (light industries, not heavily polluting).

Restricted and Prohibited Investment Sectors: Heavily polluting industries such as metallurgy, large-scale industrial dyeing, toxic chemicals, or sectors with high risks of noise, dust, and toxic wastewater are not permitted for investment (according to HCMC regulations and the Law on Environmental Protection). Businesses must strictly adhere to environmental standards before discharging waste into the IP’s common system.

List of Large and Successful Companies in Vinh Loc IP

The IP attracts a diverse range of domestic and FDI enterprises (mainly from Japan, South Korea, and Taiwan in the initial phase), focusing on light industry and processing. Below are some prominent businesses (based on data updated in 2025):

• Imexpharm Pharmaceutical Joint Stock Company (Lot B15/I, B16/I, Street 2A): One of the largest pharmaceutical companies in Vietnam, owning the Vinh Loc high-tech antibiotic factory (IMP2) which meets EU-GMP standards. Imexpharm specializes in producing high-quality antibiotics for both export and the domestic market. Notable success: Maintaining EU-GMP certification through multiple assessments, helping to integrate Vietnam into the European pharmaceutical supply chain.
• Vietnam Fan Joint Stock Company (Asia/Asiavina brand) (Lot B13/1, Street 1): A leading electric fan manufacturer in Vietnam, with two factories in Vinh Loc IP and Binh Duong. Specializes in stand fans, ceiling fans, and industrial fans. Success: Awarded the “High-Quality Vietnamese Goods” title for 16 consecutive years, strong export performance, a major job creator, and has solidified its position in Vietnam’s home appliance industry.
• Cholimex Food Joint Stock Company (Lot C40-43/I, C51-55/II, Street 7): Specializes in processing and packaging food, sauces, spices, dipping sauces, and frozen foods. A member of the CHOLIMEX system (the IP’s investor), it has expanded with a second factory in Vinh Loc 2 IP (Long An). Success: Honored as one of the Top 50 Prominent Businesses of HCMC in 2025, strong export performance, and a significant contributor to Vietnam’s food industry.

Other notable businesses:

• Saigon Packaging Trading Co., Ltd. (industrial packaging).
• Dat Vi Phu Pharmaceutical Co., Ltd. (DAVIPHARM) (pharmaceuticals).
• Vinh Loc Packaging Printing Joint Stock Company (packaging printing).

With its diversity of clean industries and successful enterprises like Imexpharm, Asia, and Cholimex Food, Vinh Loc IP continues to affirm its important role in the economic development of HCMC, attracting sustainable investment and creating a strong supply chain.

Download the Full List of Businesses in Vinh Loc Industrial Park

4. Investment Guide and Land Lease Procedures at Vinh Loc IP

Vinh Loc Industrial Park (Vinh Loc IP) is one of the oldest and most stable industrial parks in Ho Chi Minh City, with a high occupancy rate (~99%) and integrated infrastructure. The investment process is handled through a one-stop mechanism via the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) and the investor, Vinh Loc Industrial Park One Member Co., Ltd. (under CHOLIMEX). Below is a detailed guide updated to the end of 2025 (data referenced from official sources and the industrial real estate market).

Investment Licensing Process and Procedures

The investment process at Vinh Loc Industrial Park complies with the Law on Investment 2020 (amended), the Land Law 2024, and the regulations of HCMC, supported by a one-stop service via HEPZA. Processing time is typically fast (15-45 days for main procedures, depending on the project).

Basic steps:

1. Consultation and survey: Contact HEPZA or the developer (CHOLIMEX) for advice on land/factory locations and suitable industries (clean industries are prioritized). Prepare project information (capital, industry, scale).
2. Investment registration:
   • Submit the application at HEPZA or the National Foreign Investment Portal (dautunuocngoai.gov.vn).
   • Required documents: Investment project proposal, investor’s legal documents (ID card/Citizen ID/passport, business registration certificate), financial reports, production plan, cadastral extract (if required), land use demand assessment (supported by the Department of Natural Resources and Environment).
   • HEPZA issues the Investment Registration Certificate (IRC) within 15 days (for projects not requiring investment policy approval).
3. Enterprise establishment: Register at the HCMC Department of Planning and Investment (supported by HEPZA).
4. Land/factory lease and contract signing:
   • Sign a lease agreement with the developer (CHOLIMEX).
   • Pay the land lease fee (flexible: deposit in advance, quarterly or one-time payment).
   • Receive the land use right certificate (after payment).
5. Post-investment procedures: Apply for construction permits, environmental permits, fire prevention and fighting certificates (one-stop support from HEPZA); register for labor and tax.

Relevant authorities:

• HEPZA (Ho Chi Minh City Export Processing and Industrial Zones Authority): Handles investment procedures.
• HCMC Department of Natural Resources and Environment: Conducts land assessment.
• Department of Planning and Investment: Handles enterprise establishment.

Estimated processing time: 15-30 days for the IRC, 30-60 days for land and construction procedures.

Investment Incentive Policies

Enterprises in Vinh Loc Industrial Park (located in HCMC) are entitled to incentives under the Law on Corporate Income Tax 2025 and current regulations (applicable to new investment projects, high-tech, or prioritized sectors):

• Corporate Income Tax (CIT): Preferential tax rate of 10% for 15 years (tax exemption for the first 4 years, 50% reduction for the next 9 years) if the project is in high-tech sectors, scientific research, large-scale production (>12,000 billion VND investmentFlexible minimum rental area; flexible payment methods (2-year deposit, quarterly payments). Prices are subject to change; it is recommended to contact us directly for an accurate quote.

  Leasing Models

  • Long-term Land Lease: Cleared land, ready for factory construction (term of ~50 years).
  • Ready-built Factory for Lease: Multi-story or single-story factories, flexible areas (from a few hundred m²), ready for production (automatic fire protection system, 3-phase power).
  • Built-to-Suit Services: The developer (CHOLIMEX) supports design and construction based on business needs (consulting, project planning, construction management).

  Contact and Investment Consultation

  • Vinh Loc Industrial Park One Member Co., Ltd. (CHOLIMEX):
    • Address: A59/I, Street 7, Vinh Loc Industrial Park, Binh Hung Hoa B Ward, Binh Tan District, HCMC.
    • Phone: 028.37650946.
    • Email: info@kcnvinhloc.vn.
    • Website: www.kcnvinhloc.vn (or via cholimex.vn).
  • Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA): Provides one-stop administrative support, legal and planning consultation.
    • Contact: Website: hepza.hochiminhcity.gov.vn.

  5. Human Resources & Labor Life

  Vinh Loc Industrial Park (Vinh Loc IP) is one of the major industrial parks in Ho Chi Minh City, with an abundant labor force from the local area and neighboring provinces, effectively supporting over 150 businesses in stable operation. Labor life is well-cared for through welfare policies, housing, and convenient public transportation (data updated as of the end of 2025).

  

  Abundant Labor Supply

  Currently, Vinh Loc IP provides jobs for approximately 23,000 workers (a consistent figure from official sources and recent reports).

  The workforce in HCMC and neighboring provinces (Binh Duong, Dong Nai, Long An, Tay Ninh…) is predominantly young, dynamic, and diligent, with skill levels ranging from general labor to technicians. Many workers have basic skills in light industries such as food processing, textiles, mechanics, electronics, and pharmaceuticals – aligning with the IP’s industry focus. The abundant labor supply from rural migrants and graduates of nearby vocational schools ensures quick and stable recruitment.

  Policies to Attract and Retain Labor

  Businesses in the IP (such as Imexpharm, Asia Fan, Cholimex Food…) apply competitive policies: attractive basic salaries (typically from 7-12 million VND/month depending on the position, plus overtime), performance bonuses, holiday bonuses, and allowances (meal, travel, housing). The IP also provides support through internal training programs, occupational safety, and skill development to retain long-term employees.

  Below is an illustrative image of production and labor activities at Vinh Loc IP (young workers, modern production lines):

  Worker Support Policies

  • Vocational training and skill enhancement centers: The IP collaborates with nearby centers such as the Tan Binh District Vocational Education – Continuing Education Center (about 5-10 km away), HCMC Vocational College, and business partnership programs. Vocational skill training courses (mechanics, electronics, occupational safety, quality management) are regularly organized, helping workers improve their qualifications for free or at a low cost.
  • Social security and welfare activities: Businesses fully participate in social insurance, health insurance, and unemployment insurance; provide meal support (lunch/dinner for overtime), holiday bonuses, performance awards, childcare allowances, and wedding gifts. The IP coordinates with the Red Cross to organize annual blood drives, healthcare programs, and community activities.

  Information on Boarding Houses and Rental Prices near Vinh Loc IP

  The area around the IP (Binh Hung Hoa B Ward – Binh Tan District, Vinh Loc A/B Commune – Binh Chanh District) has an extensive system of boarding houses for workers.

  • Rental Price Range:
    • Standard room (10-18m², private toilet): 1-2 million VND/month (starting from 1 million VND).
    • Room with a mezzanine, air conditioning/heater: 2-3 million VND/month.
    • Large room (for families, 20-50m²): 3-5 million VND/month.

  Popular types: Independent rooms, shared houses, mini-apartments with flexible hours, security cameras, and parking.

  Nearby amenities: Near markets, supermarkets (Coopfood, convenience stores), pharmacies, and clinics; a bustling area with many dining and daily life services.

  Below is an illustrative image of affordable worker housing near Vinh Loc Industrial Park (clean rooms, basic amenities):

  Public Transportation System

  Vinh Loc Industrial Park is well-connected by bus, making it convenient for workers to commute from the center of Ho Chi Minh City and neighboring districts.

  Main bus routes to/through the Industrial Park:

  • Route 48 (Tan Phu Bus Station – Hiep Thanh Market): Passes through Vinh Loc 5-way intersection, near the IP’s gate.
  • Route 71 (routes related to Binh Tan – Binh Chanh): Stops at points near Vinh Loc IP checkpoints.
  • Route 25 (District 8 Bus Station – Vinh Loc A Residential Area): Directly connects to the Vinh Loc area.
  • Other routes: Routes 28, 41 provide broader connectivity.

  Buses run frequently with affordable fares (around 6,000-10,000 VND/trip), helping workers save on transportation costs.

  Below is an illustrative image of a bus and the route to Vinh Loc Industrial Park:

  With a quality workforce, supportive policies, and convenient living conditions, Vinh Loc Industrial Park offers a stable and friendly working environment for employees.

  6. Frequently Asked Questions about Vinh Loc Industrial Park

  Below are the most frequently asked questions about Vinh Loc Industrial Park (Vinh Loc IP), based on information updated as of the end of 2025. This IP is one of the oldest and most stable industrial parks in Ho Chi Minh City, with a high occupancy rate and integrated infrastructure.

  Which district is Vinh Loc Industrial Park located in?

  Vinh Loc Industrial Park spans several administrative areas, primarily located in Binh Tan Ward (Binh Tan District), Vinh Loc Commune (Binh Chanh District, now part of Binh Tan Ward after administrative merger), and Ba Diem Commune (Hoc Mon District). The main office and the majority of the area are located in Binh Tan Ward, Ho Chi Minh City (address: A59/I, Street No. 7, Vinh Loc Industrial Park).

  What is the total area of Vinh Loc Industrial Park?

  The initial planned total area was 207 ha. After an adjustment to reduce approximately 3.8 ha for the construction of a resettlement and worker accommodation area, the current area is about 203.17 ha (sources record figures from 203.168 ha to 203.1768 ha). This is the official area after the adjustment.

  How can I lease land/a factory in Vinh Loc Industrial Park?

  To lease land or a factory, businesses need to follow the one-stop procedure through the Ho Chi Minh City Export

  • Industrial land lease (50-year cycle): Around 11-18 million VND/m² (depending on location and administrative area).
  • Renting ready-built factories: Around 4-6.5 USD/m²/month (depending on area and amenities).
  • Warehouse rental: Around 130,000-160,000 VND/m²/month. Other costs:
  • Electricity: According to EVN’s tariff (peak hours ~2,500 VND/kWh).
  • Clean water: ~8,800 VND/m³.
  • Wastewater treatment: ~9,000-10,000 VND/m³ (for businesses that meet preliminary treatment standards).
  • Management/maintenance fee: ~0.4 USD/m²/month. Prices are subject to change; contact CHOLIMEX for an updated 2025 quote.

  Does Vinh Loc Industrial Park have accommodation for workers?

  Yes! Vinh Loc Industrial Park has invested in a worker accommodation area with an area of 24,405 m², including 3 nine-story apartment blocks, 344 rooms, and a capacity of up to 2,400 people. Amenities include: Shared single or family rooms, kitchens, private bathrooms, elevators, an on-site supermarket (Coopfood), security, and benefits such as no garbage fees and water provided according to a quota. This is one of the outstanding amenities that supports workers’ lives.

  Which buses go to Vinh Loc Industrial Park?

  The main bus routes that pass through or near the Industrial Park (with easy access to the IP gate or Vinh Loc 5-way intersection):

  • Route 48: Tan Phu Bus Station – Hiep Thanh Market (stops near the Vinh Loc 5-way intersection).
  • Route 71: Routes related to Binh Tan – Binh Chanh (stops near the IP checkpoint).
  • Route 25: District 8 Bus Station – Vinh Loc A Residential Area (directly connects to the Vinh Loc area).
  • Other supporting routes: Routes 28, 41. Buses run frequently with cheap fares (around 6,000-10,000 VND/trip), making it very convenient for workers to travel from the center of HCMC and neighboring districts.

  If you have more specific questions or need more detailed advice, please contact Vinh Loc Industrial Park One Member Co., Ltd (CHOLIMEX) directly at A59/I, Street No. 7, Vinh Loc Industrial Park, Binh Tan Ward, HCMC for the most accurate and up-to-date support!