Industrial park developer BW secures $44 mln loan from Thailand’s Kasikornbank
BW Industrial Development JSC, a leading logistics and industrial real estate developer in Vietnam, and Thailand’s major lender Kasikornbank have established a VND1.12 trillion ($44 million) strategic financial partnership.
Industrial real estate - Fri, May 17, 2024 | 8:18 pm
Denmark jewelry maker Pandora breaks ground on $150 mln facility in southern Vietnam
Pandora, the world’s largest jewelry brand, broke ground on its new $150 million crafting facility in the Vietnam-Singapore Industrial Park 3 (VSIP 3) on Thursday in Binh Duong province, about 40 km north of Ho Chi Minh City.
Industries - Fri, May 17, 2024 | 8:18 am
Second VSIP industrial park in Quang Ngai province set for construction in Oct 2025
The construction of VSIP II Quang Ngai industrial park in Quang Ngai province, per Vietnam-Singapore Industrial Park (VSIP) model, is set to begin in October 2025, said the project investor.
Industrial real estate - Thu, May 9, 2024 | 4:32 pm
Major industrial park developer Kinh Bac suffers setback with $3 mln Q1 loss
Vietnamese industrial park developer Kinh Bac Urban Development Corporation recorded Q1/2024 losses of VND76.7 billion ($3 million), a setback considering its annual profit target of VND4,000 billion ($157.8 million).
Industrial real estate - Wed, May 1, 2024 | 3:51 pm
Industrial real estate still leads Vietnam market: experts
Despite difficulties, industrial park real estate still leads the market, attracting sustainable foreign direct investment (FDI) to Vietnam, said experts.
Industrial real estate - Mon, April 29, 2024 | 2:38 pm
Nam Cau Kien eco-industrial park - A circular economy pioneer
Enterprises are encouraged to transform to the circular economy model, but they still face obstacles in accessing preferential policies. Procedures to receive credit packages from domestic and foreign organizations are complicated and have criteria that most businesses cannot meet, writes Pham Hong Diep, chairman of industrial real estate developer Shinec JSC.
Industrial real estate - Mon, April 29, 2024 | 9:11 am
Industrial park developer Idico targets 22% profit hike, 40% cash dividend
Leading industrial park developer Idico Corporation has targeted revenues and pre-tax profit of VND8.46 trillion ($334 million) and VND2.5 trillion ($98.7 million) this year, up 13% and 22% year-on-year, respectively.
Companies - Sat, April 27, 2024 | 9:23 pm
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
Amata industrial park in northern Vietnam attracts two Japanese projects worth $105 mln
Vietnam’s northern province of Quang Ninh granted investment certificates to two Japan-invested projects with total registered capital of $105 million on Friday.
Industries - Sat, April 20, 2024 | 10:28 am
Speed up work on Vietnam’s first LNG-to-power projects, province urges
Dong Nai province's authorities have asked industrial park operator Tin Nghia Corporation to facilitate work on the Nhon Trach 3 and Nhon Trach 4 LNG-to-power plants, the first such facilities in Vietnam.
Energy - Fri, April 19, 2024 | 4:44 pm
Foreign investors buy $33 mln worth of industrial park developer Idico’s shares since early this year
Foreign investors have net bought IDC shares of Vietnam’s leading industrial park developer Idico to the tune of VND846.9 billion ($33.3 million) since the beginning of this year, according to Vietcap Securities.
Companies - Thu, April 18, 2024 | 8:00 am
New industrial hub Bac Giang province plans 10th industrial park
Bac Giang province, a new manufacturing center in northern Vietnam, plans to develop the Thai Dao-Tan An Industrial Park targeting modern, environmentally friendly industries.
Industrial real estate - Mon, April 15, 2024 | 1:53 pm
Continue support for scaling up Vietnam’s eco-industrial parks: official
Capacity building and strong coordination play a significant role in advancing the government’s green growth and circular economy agenda, a government official said Friday.
Industrial real estate - Fri, April 12, 2024 | 4:34 pm
Businesses in Vietnam’s oldest industrial park to relocate before 2026
The relocation of enterprises from Bien Hoa 1 Industrial Park in the southern province of Dong Nai will be completed in December 2025, said local authorities.
Industrial real estate - Wed, April 10, 2024 | 7:39 pm
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- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept