At a breaking ground ceremony for the Vietnam - Singapore Industrial Park III (VSIP III) in southern Binh Duong province on March 19, Prime Minister Pham Minh Chinh emphasized that it will be another symbol of relations between the two countries. VSIP III covers 1,000 ha with total investment of over VND6.4 trillion ($281 million). Binh Duong has three of the eleven VSIPs in the country.