Petrovietnam subsidiary, Sembcorp to survey offshore wind power project

Petrovietnam subsidiary, Sembcorp to survey offshore wind power project

PTSC, the technical arm of state-owned Petrovietnam, and Singapore's Sembcorp Utilities Pte. Ltd. (SCU) will jointly conduct technical surveys for an offshore wind power project that will export its output to Singapore.

Energy - Fri, August 30, 2024 | 11:52 am

Singapore’s Sembcorp pays $131 mln for acquiring renewable energy projects in Vietnam

Singapore’s Sembcorp pays $131 mln for acquiring renewable energy projects in Vietnam

Singaporean giant Sembcorp Industries spent SGD174 million ($131.1 million) on the acquisitions of majority interests in three out of four renewable energy subsidiaries of Vietnamese conglomerate Gelex.

Energy - Wed, August 7, 2024 | 11:02 am

Energy arm’s UPCoM debut a boost for Vietnamese conglomerate Bamboo Capital

Energy arm’s UPCoM debut a boost for Vietnamese conglomerate Bamboo Capital

BCG Energy JSC, a subsidiary of Vietnam’s private conglomerate Bamboo Capital Group, began trading 730 million shares on the unlisted public companies market UPCoM on Wednesday with reference price set at VND15,600 ($0.62) per share.

Bamboo Capital - Wed, July 31, 2024 | 4:37 pm

Vietnam industrial major Gelex to sell 49 MW hydropower project to Singapore’s Sembcorp

Vietnam industrial major Gelex to sell 49 MW hydropower project to Singapore’s Sembcorp

Vietnamese industrial major Gelex Group is completing procedures to sell the 49-MW Song Bung 4A hydropower project to Singaporean giant Sembcorp, the former said in its review for the second quarter of this year.

Energy - Wed, July 31, 2024 | 11:13 am

Work begins on second Vietnam-Singapore industrial park this month

Work begins on second Vietnam-Singapore industrial park this month

Vietnam Singapore Industrial Park Joint Venture Co. (VSIP) on Tuesday broke ground for a new facility in the central province of Ha Tinh.

Industrial real estate - Tue, June 25, 2024 | 3:53 pm

Singapore's Sembcorp adds 196MW Vietnam renewables in latest acquisition

Singapore's Sembcorp adds 196MW Vietnam renewables in latest acquisition

Singapore’s giant Sembcorp Industries has acquired majority interest in three subsidiaries of Vietnamese conglomerate Gelex, adding 196 MW of operational wind and solar assets to its portfolio in the country.

Energy - Wed, June 19, 2024 | 5:07 pm

VSIP plans $211 mln industrial park in Thai Binh province

VSIP plans $211 mln industrial park in Thai Binh province

Vietnam-Singapore Industrial Park (VSIP), a leading industrial park developer in Vietnam, is awaiting environmental approval for a facility in the northern province of Thai Binh, as the firm seeks to tap high lease demand driven by robust foreign investment.

Industrial real estate - Mon, June 10, 2024 | 10:18 am

Singapore’s Sembcorp adds 3 VSIP industrial parks to portfolio in Vietnam

Singapore’s Sembcorp adds 3 VSIP industrial parks to portfolio in Vietnam

Sembcorp Industries will add three industrial parks under the Vietnam-Singapore Industrial Park (VSIP) model to its portfolio, the Singaporean giant announced Friday.

Industrial real estate - Sat, June 1, 2024 | 11:29 am

Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023

Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023

Vietnam Singapore Industrial Park Joint Venture Co. (VSIP), the developer of VSIP industrial parks, recorded a post-tax profit of VND1,703 billion ($66.9 million) in 2023, down 24.6% year-on-year.

Companies - Mon, April 22, 2024 | 8:05 am

Sembcorp commemorates its transfer of power plant to Vietnam utility EVN

Sembcorp commemorates its transfer of power plant to Vietnam utility EVN

Sembcorp Industries (Sembcorp), through its 67%-owned joint venture Phu My 3 BOT Power Company Ltd, on Friday commemorated the transfer of Phu My 3 Power Plant to Vietnam Electricity (EVN) after 20 years of successful commercial operations.

Companies - Sat, March 9, 2024 | 11:15 pm

Singaporean government to help Petrovietnam unit’s 1.2 GW electricity export project

Singaporean government to help Petrovietnam unit’s 1.2 GW electricity export project

The Singaporean government will continue backing PTSC, the technical arm of state-owned Petrovietnam, to deploy a project to export 1.2 GW of offshore wind power from Vietnam to Singapore.

Energy - Tue, March 5, 2024 | 7:36 pm

Thermal power plant transferred to state utility EVN after BOT contract ends

Thermal power plant transferred to state utility EVN after BOT contract ends

The 715 MW Phu My 3 thermal power plant has been transferred to state utility Vietnam Electricity (EVN) for ongoing operation after its build-operate-transfer (BOT) contract ended.

Energy - Sat, March 2, 2024 | 2:53 pm

Singapore, China firms seek stakes in central Vietnam solar, wind power projects

Singapore, China firms seek stakes in central Vietnam solar, wind power projects

Quang Tri is collecting feedback on proposals by several firms from Singapore, Taiwan and mainland China for buying solar and wind power projects in the central province.

Energy - Thu, January 4, 2024 | 3:30 pm

Sembcorp receives investment license for VSIP facility in central Vietnam

Sembcorp receives investment license for VSIP facility in central Vietnam

Vietnam-Singapore Industrial Park J.V. Co. Ltd. (VSIP), a joint venture between Vietnam’s real estate developer Becamex and Singapore’s Sembcorp, has received an investment certificate for VSIP Ha Tinh Industrial Park.

Industrial real estate - Sat, December 30, 2023 | 3:46 pm