MAY 7
- VSIP visit
- II-IV visit
- shopping center
- pho and karake
Pictures
Journal
Today we visited the Vietnam Singapore Industrial Park, which is also home to II-IV. My small group was assigned VSIP for the company project, so I packed a notebook as well as sample questions. VSIP has six completed industrial parks throughout Vietnam. In total, Vietnam has 71 industrial parks. The governments of Vietnam and Singapore cooperated in founding VSIP [Becamex (Vietnam) 59% and Sembcorp (Singapore) 41%]. Companies located in VSIP pay for land, workers, customer service, park management, amenities, on-site customer service, and technical training. VSIP is unique among industrial parks in that it contains its own management board. The management board supervises language experts and on-site product clearance. Currently, VSIP holds 300 tenants and has generated 140,000 new jobs. I asked the marketing advisor, “What measures do you take to maintain a stable, loyal work force?” I learned that employees are allowed to go home for Tết, the Vietnamese New Year, and sometimes never return. David Baker, the chief engineer of II-IV, explained that he combats this issue by giving out a bonus after the holiday and providing bus tickets. II-IV got its name from the periodic table of elements. II-IV supplies defense contractors. Mr. Baker led us on a tour of two of his facilities. The bus took us to a restaurant and then a shopping center. Later, I took a nap and accidently missed karaoke. I walked to a Pho restaurant with a couple other students who made the same mistake. The Pho was expensive but delicious.
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