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

VSIP Binh Dinh industrial park inaugurated in central Vietnam

VSIP Binh Dinh industrial park inaugurated in central Vietnam

The first phase of the $300 million Becamex VSIP Binh Dinh service-urban-industrial complex was inaugurated in the south-central province of Binh Dinh on Monday.

Industrial real estate - Mon, March 4, 2024 | 4:31 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

Vietnam-Singapore joint venture plans industrial parks in Dong Nai, Khanh Hoa provinces

Vietnam-Singapore joint venture plans industrial parks in Dong Nai, Khanh Hoa provinces

Vietnam-Singapore Industrial Park J.V. Co. Ltd. (VSIP), a joint venture between Vietnam’s real estate developer Becamex and Singapore’s Sembcorp, plans projects in Dong Nai and Khanh Hoa provinces.

Industrial real estate - Thu, December 21, 2023 | 8:07 pm

Tetra Pak to raise investment in Binh Duong province to $173 mln

Tetra Pak to raise investment in Binh Duong province to $173 mln

Singapore packaging giant Tetra Pak will raise its investment in Vietnam's southern province of Binh Duong to $173 million under an investment certificate granted at the “Meet Singapore 2023” event on Monday.

Industries - Tue, December 12, 2023 | 10:52 pm

Singapore’s CapitaLand affiliate acquires $562 mln real estate project in southern Vietnam

Singapore’s CapitaLand affiliate acquires $562 mln real estate project in southern Vietnam

Sycamore, an affiliate of Singapore-headquartered CapitaLand, has acquired the Tan Thanh Binh Duong housing-urban area complex in Binh Duong province.

Real Estate - Thu, December 7, 2023 | 4:22 pm

Capital begins to flow into real estate developers

Capital begins to flow into real estate developers

Vietnam's real estate market has started to show signs of improved sentiment following a prolonged period of "capital hiccups" with many real estate companies announcing that they have successfully issued bonds or raised capital from funds and individual investors.

Real Estate - Thu, November 2, 2023 | 1:49 pm

Becamex IDC ticker dives close to one-year bottom despite market recovery

Becamex IDC ticker dives close to one-year bottom despite market recovery

Although the Vietnamese stock market has gradually recovered since November 2022, with a series of stocks rising several times, BCM of industrial property developer Becamex IDC is on the way to its bottom set more than a year ago.

Companies - Sun, September 24, 2023 | 10:48 am

Binh Duong province okays 4 Japanese FDI projects

Binh Duong province okays 4 Japanese FDI projects

Binh Duong province, an industrial hub in southern Vietnam, has approved four investments by Japanese firms worth nearly $170 million.

Industries - Mon, September 11, 2023 | 11:19 am

VSIP to build 190-hectare industrial park in Ha Tinh province

VSIP to build 190-hectare industrial park in Ha Tinh province

The Vietnam-Singapore Industrial Park (VSIP) Group, a joint venture between Singapore’s Sembcorp Industries and Vietnam’s Becamex IDC, was allowed on Tuesday to build a 190-hectare industrial park in the central province of Ha Tinh.

Industrial real estate - Tue, August 29, 2023 | 6:25 pm

Speed up work on Vietnam-Singapore Innovation Center, investor urged

Speed up work on Vietnam-Singapore Innovation Center, investor urged

The Binh Duong administration has urged leading property developer Becamex IDC to accelerate work on the Vietnam-Singapore i4.0 Innovation Center in the southern province.

Real Estate - Fri, August 25, 2023 | 2:46 pm

Industrial property developer Becamex cancels $85 mln bond issuance

Industrial property developer Becamex cancels $85 mln bond issuance

Vietnamese industrial property developer Becamex, backed by global private equity firm Warburg Pincus, has decided to cancel a plan approved in 2022 to issue private placement bonds worth VND2 trillion ($85.2 million) due to unfavorable market conditions.

Companies - Sat, June 10, 2023 | 2:29 pm

Industrial developer Becamex to issue $42.6 mln in bonds to settle maturing bonds

Industrial developer Becamex to issue $42.6 mln in bonds to settle maturing bonds

Vietnamese industrial property developer Becamex, backed by global private equity firm Warburg Pincus, plans to issue a further VND1 trillion ($42.6 million) in bonds this June to pay for maturing bonds.

Companies - Mon, June 5, 2023 | 10:54 am

Real estate firm Becamex IJC plans to issue 125.92 mln shares

Real estate firm Becamex IJC plans to issue 125.92 mln shares

Becamex IJC, a subsidiary of Vietnam's leading developer of industrial townships Becamex IDC, plans to issue 125.92 million shares to existing shareholders in 2023-2024 to raise VND1.26 trillion ($53.6 million) at a ratio of 50%.

Companies - Mon, May 29, 2023 | 11:04 pm