With a vision to create long-term value for the community and society, Bac Dong Phu Industrial Park Joint Stock Company strives to become a green industrial park model through sustainable development initiatives. Featuring a clean, tree-filled production environment, the company has gained trust and satisfaction from both domestic and international businesses.
Sustainable Industrial Parks Driving Green Growth
Bac Dong Phu Industrial Park JSC currently operates infrastructure for two industrial parks – Bac Dong Phu and Nam Dong Phu – totaling 258 hectares. As of now, Nam Dong Phu IP is fully occupied (100%), while Bac Dong Phu IP has reached 98% occupancy. The company is expanding both zones, with Bac Dong Phu Phase 2 (317 ha) and Nam Dong Phu Phase 2 (480 ha) under development. Once completed, the combined area of both IPs will reach 1,055 hectares.
According to Mr. Phan Van Trinh – Deputy General Director of Bac Dong Phu Industrial Park JSC, sustainable industrial parks promote green growth based on three key pillars:
-
Economic: Sustainable IPs drive local and national economic growth by promoting supporting industries and technology advancement.
-
Social: They attract both domestic and foreign investment, creating new jobs and boosting industrial and service sector development.
-
Environmental: They help reduce pollution sources, cut industrial waste, improve energy efficiency, and promote the use of renewable resources and advanced waste management systems.
Developing sustainable industrial parks brings multi-dimensional benefits — not only enhancing economic performance but also supporting environmental protection and social welfare. However, the process still faces challenges, especially due to unclear regulations that hinder the transition toward green and eco-industrial park models.
Transitioning Toward an Eco-Industrial Park Model
Bac Dong Phu IP focuses on efficient resource use, emphasizing cleaner production methods, reduced energy consumption, and lower carbon emissions. The park prioritizes water optimization, waste reduction, and recycling within a circular economy framework.
“For existing industrial parks, we encourage and facilitate businesses to adopt greener production models, use materials more efficiently, and minimize environmental impact. For new parks, sustainable practices must be integrated from the planning and environmental assessment stage through to infrastructure development and investor selection. Priority is given to high-tech, energy-efficient industries and those applying renewable energy and advanced waste treatment systems,” shared Mr. Phan Van Trinh.
Transitioning toward eco-industrial parks remains challenging. It requires enterprises to possess strong governance and forecasting capabilities, along with substantial financial resources to invest in modern technologies and waste treatment systems.
Currently, Vietnam lacks specific financial incentive mechanisms for projects implementing sustainable industrial park models. This absence has become a significant barrier for enterprises seeking to transition toward green and resilient industrial ecosystems.