Stages of development
- NBIZ was established on 12 April 1994 under Noi Bai Development Corp., Ltd (“NBD”). This is a joint venture between a Malaysian company (Vista Spectrum (M) Sbd Bhd) and Vietnamese company (Urban Infrastructure Development Investment Corporation - UDIC).
- Groundbreaking Ceremony by Malaysia Prime Minister Dato Seri Dr.MahaThir Mohamad and Vietnam Prime Minister Vo Van Kiet on 8 March 1996.
- Phase 1 was completed in 1996 and started operation in 1997 with own power sub-station, clean water system, sewage treatment plant & international standard roads system.
- Phase 2 was completed in 2006 and started operation in 2007.