The Management Board of the Vietnam-Singapore Industrial Parks (VSIPs) yesterday forwarded a conference to sum up its activities in 2011 and define orientations for 2012.

The Management Board of the VSIPs now manages 4 IPs with 1,920 hectares in total. In 2011, VSIPs absorbed additional US$616mln, up 93.24% compared to 2010; reached US$3.1bln in revenue, up 14.81% compared to 2010; achieved US$1.55bln in export turnover, up 3.33% and paid US$60mln for State budget, up 23% compared to 2010…

For 2012’s targets, the Management Board of the VSIPs will speed up marketing activities and attach special important to calling for great projects from multinational corporations and those with hi-tech industries. VSIPs will strive to lure US$300mln in new investment capital, reach US$3.15bln in revenue and pay US$63mln for State budget.

The Management Board of the VSIPs will also further strengthen State administration; have timely solutions for businesses’ difficulties in the process of production and business; team up with relevant agencies to guide businesses to execute the State’s regulations…

Reported by M.Dan-T.Minh-Translated by K.T