Becamex signs 5 MoUs with Chinese firms to boost investment in central Vietnam
Vietnam’s industrial park developer Becamex Binh Dinh JSC has signed five MoUs with Chinese companies, marking a significant step forward in attracting foreign investment to Gia Lai province.
Becamex Binh Dinh JSC signs MoUs with Chinese enterprises at the Gia Lai-China Investment Promotion Conference in Gia Lai province, central Vietnam, September 9, 2025. Photo by The Investor/Nguyen Tri.
The signing took place on Tuesday during the “Gia Lai-China Investment Promotion Conference,” co-hosted by Becamex Binh Dinh, Becamex IDC, and Vietnam-Singapore Industrial Park (VSIP) Group. The event brought together representatives from over 50 companies and organizations from China.
Nguyen Van Lang, CEO of Becamex Binh Dinh, emphasized Gia Lai's unique investment potential following its merger with Binh Dinh province on July 1, 2025. He highlighted the province’s abundant natural resources and strategic location as a gateway to the East Sea.
The company is currently developing the Becamex VSIP Binh Dinh Industrial, Urban and Service Complex, envisioned as one of the most modern and integrated industrial parks in central Vietnam.
The project aims to meet the demands of foreign investors while also providing a high-quality living and working environment for local and international professionals and workers.
Covering 1,425 hectares, including 1,051 ha for industrial development and 374 ha for urban and service areas, it has a total investment of over $350 million. The project features comprehensive legal documentation, modern infrastructure, industrial land plots, residential housing for experts and workers, and a built-in service ecosystem.
According to Huang Chyong Yu, marketing director of Becamex Binh Dinh, over 300 ha of industrial land have already been developed and are ready for handover to secondary investors from China.
In addition to central and provincial incentives, investors in the park will receive free support for administrative procedures, workforce recruitment, and business matching. Office space will also be provided free of charge before and after the investor's legal entity is established, she said.
In a move to reinforce its commitment to Chinese investment, Becamex Binh Dinh held bilateral meetings with Chinese companies operating in precision engineering, industrial equipment, indoor and outdoor furniture manufacturing, textiles, medical devices, and industrial and urban real estate.
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