Phuoc Hoa Rubber profit soars on land compensation from VSIP industrial park

Phuoc Hoa Rubber profit soars on land compensation from VSIP industrial park

Phuoc Hoa Rubber JSC, a leading rubber producer in Vietnam, made an after-tax profit of VND431.82 billion ($18.41 million) in Q4/2022, up 149% year-on-year.

Companies - Mon, January 23, 2023 | 3:41 pm

Sembcorp's VSIP III Binh Duong to be Vietnam's first zero-emissions industrial park

Sembcorp's VSIP III Binh Duong to be Vietnam's first zero-emissions industrial park

Singapore's Sembcorp Industries plans to build the third Vietnam-Singapore Industrial Park III (VSIP III) in the southern province of Binh Duong as a zero-emissions industrial park, the first of its kind in the country.

Industrial real estate - Sat, January 14, 2023 | 10:27 am

$60 mln road expansion to assist third VSIP Industrial Park in Binh Duong

$60 mln road expansion to assist third VSIP Industrial Park in Binh Duong

A road leading to Vietnam-Singapore Industrial Park (VSIP) III in Binh Duong province will be expanded to six lanes to facilitate FDI inflow to the new IP.

Industrial real estate - Fri, August 26, 2022 | 4:02 pm

BIDV funds construction of third VSIP Binh Duong Industrial Park

BIDV funds construction of third VSIP Binh Duong Industrial Park

BIDV, one of Vietnam’s “Big 4” commercial banks, will loan about $200 million for constructing the Vietnam-Singapore Industrial Park (VSIP) III in the southern province of Binh Duong.

Industrial real estate - Tue, August 23, 2022 | 9:04 am

Toymaker Lego to receive first land tranche for $1 bln facility

Toymaker Lego to receive first land tranche for $1 bln facility

Binh Duong province authorities are set to hand over 22 hectares of land to Danish toymaker Lego’s $1 billion carbon neutral factory project by this month end.

Industries - Tue, August 9, 2022 | 1:16 pm

Third Singapore-backed industrial park VSIP to take shape in Binh Duong

Third Singapore-backed industrial park VSIP to take shape in Binh Duong

Construction is set to embark on the Vietnam-Singapore Industrial Park 3 (VSIP III) in Binh Duong province, a manufacturing hub in southern Vietnam, this month.

Investing - Sun, March 6, 2022 | 10:07 pm