Why Vietnam

Why Vietnam


Free trade agreement

(Source: Vietnam Briefing)


CIT and VAT comparison among Asean nations

Area Corporate Income Tax (CIT) Value Added Tax (VAT)
Cambodia 20% 10%
Indonesia 22% 10%
Laos 24% 10%
Malaysia 24% Sales tax 10%
Myanmar 25% -
Philipines 30% 12%
Singapore 17% 7%
Thailand 20% 7%

Potential for investors

Potential for investors


Industrial parks

(250 Industrial Parks operating; 43 FDI Industrial Parks)


Coastal Economic Zone



High Tech Park

(06 High Tech Park by 2030)



(9 International & 11 domestic airport)



(3 A1 Deep sea-port Hai Phong, Van Phong, Cái Mép – Thị Vải)

Why Ba Ria Vung Tau


Abundant clean water with a total capacity estimated at 500,000m3/ day.


Total capacity 4,100 MW, provided by EVN  

Natural gas

Natural gas is supplied from Nam Con Son/ Bach Ho pipeline system in parallel with PM3

Deep water port

With the channel depth of 14-16.5m, Cai Mep - Thi Vai port-system allows reception of vessels sizing up to 200,000 DWT.

ba ria
vung tau

Geography location

Southern economic corridor Convenient transportation network very near Cai Mep deep-sea port, Hyosung plant, Long Son petrochemical complex is currently under construction.

Environmentally friendly policy

Develop a comprehensive modern industrial park while ensuring sustainability and environment friendliness.


LNG terminal project of Petro Vietnam, Hai Linh Company and the warehouse system of Logistics Park Cai Mep Ha.


Supply petrochemical products, input materials for other factories such as olefin, polypropylene, polyethylene.

Our Company



Phu My 3 Specialized Industrial Park has total area of 1046 ha combined with modern synchronous international standards infrastructure, located in Phuoc Hoa ward, Phu My town, Ba Ria - Vung Tau province. By having plenty of preferential policies, PM3 SIP confidently provide high-quality services.

In 2014, PM3 SIP was selected to be developed as Specialized Industrial Park (pursuant to the Decision No.109/VPCP-QHQT dated 07/01/2014 of Government office regarding location selecting for developing Specialized Industrial Park in Ba Ria - Vung Tau province).

The main developer of PM3 SIP is Thanh Binh Phu My Joint Stock Company, which established in 2007 (pursuant to the Decision No.3565/QĐ-UBND dated 22/10/2009 of Ba Ria - Vung Tau People Committee regarding to Phu My 3 SIP establishment).

Message from Management Board

Mr. Kazama Toshio

Mr. Kazama Toshio

Deputy General Director

Phu My 3 Specialized Industrial Park is a key project of Ba Ria-Vung Tau Province, belonging to Province-based Economic Growth program of The Japan International Cooperation Agency (JICA). As the chosen model industrial park of both Vietnamese and Japanese governments, PM3 SIP has received precious supports from several government agencies.

Our core values include creating sustainable development with a strong focus on environmental protection, delivering values to customers and partners as well as profoundly contributing to the socio-economic growth of the local area. By creating an effective added-value generating supply chain from the integration of complete infrastructure, geographic location, and natural resources, PM3 SIP will allow customers to optimize production cost and unlock opportunities for advancement. PM3 SIP will devote constant effort to executing the vision of becoming a world-class Specialized Industrial Park, fulfilling the expectations of both governments, and offering optimum quality for our customers. In addition, we will continue strengthening business programs with both Vietnamese and Japanese governments, as well as international cooperation and investment promotion in order to provide better incentives for enterprises.


Over many years of operation, with strong financial capacity and sound business strategy, Phu My 3 has the honor to receive many noble awards and awards from the State and organizations.


The Green Industrial Park

Typical enterprise for sustainable economic integration

Excellent completion for organizing the trade union 2018

Communication program 2019


Top 10 Typical Vietnamese Enterprise in 2021

The Green Industrial Park

Certificate of Registration Quality Management System – ISO 9001:2015

Certificate of Registration Environmental Management System - ISO 14001:2015