The project, invested by Bestway (Hong Kong) International Limited, will cover 279,045 square meters at the VSIP Can Tho Industrial Park.

It is expected to come into operation in Q4/2026, making products including inflatable rubber toys; plastic toys; equipment for water sports; plastic components, equipment, and accessories for recreational sports equipment; and polyvinyl chloride thermoplastic sheets.

VSIP, a joint venture between local developer Becamex IDC and Singapore’s Sembcorp, developed its first industrial park in the southern province of Binh Duong in 1996. Its portfolio now comprises 20 IPs covering a combined 12,000 hectares across Vietnam.

Can Tho city, Soc Trang province, and Hau Giang province were recently merged to form the new Can Tho.

State-owned Petrovietnam plans to build an eco-energy and industrial center in the city.