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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

VSIP moves step closer to building industrial park, township in central Vietnam

VSIP moves step closer to building industrial park, township in central Vietnam

VSIP Group, a leading industrial park and township developer in Vietnam, is taking another step forward to a new development of 603 hectares in the central province of Ha Tinh.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

CapitaLand seeks to complete $500 mln urban project in southern Vietnam by 2027

CapitaLand seeks to complete $500 mln urban project in southern Vietnam by 2027

CapitaLand Development (CLD), part of the Singapore-based CapitaLand Group, aims to complete its $500-million smart city project in the southern province of Binh Duong by 2027, group chairman Wong Kan Seng said.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial real estate investment climbs in early 2023

Industrial real estate investment climbs in early 2023

Industrial real estate investments in Vietnam have risen in early 2023, with Vietnam-Singapore Industrial Parks (VSIP) a prime example.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sembcorp, Becamex to build 5 more VSIP parks in Vietnam worth $1 bln

Sembcorp, Becamex to build 5 more VSIP parks in Vietnam worth $1 bln

Singapore's Sembcorp Industries announced Friday new collaborations in sustainable urban development in Vietnam by building five more Vietnam-Singapore Industrial Parks (VSIPs).

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

ESR buys $208 mln stake in Vietnam’s BW Industrial amid Southeast Asia expansions

ESR buys $208 mln stake in Vietnam’s BW Industrial amid Southeast Asia expansions

Hong Kong-based real estate giant ESR has acquired a “strategic” equity stake in its Vietnam partner BW Industrial as part of a funding round that could raise up to $450 million for the major industrial developer.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sembcorp gets license to build 294-ha industrial park in Mekong Delta

Sembcorp gets license to build 294-ha industrial park in Mekong Delta

Singapore’s Sembcorp Industries received an investment license Monday to develop a new industrial park in Can Tho city, its first in Vietnam's Mekong Delta.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Australian developer interested in building Binh Duong cancer hospital

Australian developer interested in building Binh Duong cancer hospital

Australian property developer Commercial & General has expressed interest in constructing a state-of-the-art cancer hospital in the industrial province of Binh Duong, which borders Ho Chi Minh City.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial developer Becamex buys back $8.49 mln bonds before maturity

Industrial developer Becamex buys back $8.49 mln bonds before maturity

Becamex IDC, Vietnam's leading developer of large-scale industrial townships, has bought back VND200 billion ($8.5 million) worth of bonds before maturity on August 31.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VSIP Nghe An industrial park to see 100% occupancy this year

VSIP Nghe An industrial park to see 100% occupancy this year

The VSIP Nghe An industrial park has attracted 32 corporate tenants and expects to be fully occupied by the fourth quarter of this year.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Southern Vietnam university sets sights on foreign students after int'l accolade

Southern Vietnam university sets sights on foreign students after int'l accolade

The Eastern International University (EIU) in southern Vietnam is seeking to attract foreign students following the New City of Binh Duong securing the world’s Top 7 Intelligent Communities title for the second time.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial developer Becamex posts $59 mln in H1 profit

Industrial developer Becamex posts $59 mln in H1 profit

Becamex IDC, Vietnam's leading developer of large-scale industrial townships, recorded an after-tax profit of VND1,370 billion ($58.67 million) in the first half of 2022, up 40% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sembcorp seeks Petrovietnam partnership in renewables

Sembcorp seeks Petrovietnam partnership in renewables

Sembcorp Industries, Singapore’s energy and urban development major, is looking to expand its renewable energy presence in the fast-expanding Vietnamese economy in cooperation with state-run Petrovietnam.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan’s Tokyu, property developer Danh Khoi strike partnership

Japan’s Tokyu, property developer Danh Khoi strike partnership

Leading Japanese urban developer Tokyu has launched a strategic partnership with Vietnamese firm Danh Khoi to jointly develop projects in Vietnam, starting with a high rise in Vung Tau town.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Demand drives Becamex to consider new industrial park in Binh Duong

Demand drives Becamex to consider new industrial park in Binh Duong

Becamex IDC, a leading developer of large-scale industrial townships in Vietnam, has decided to build a new industrial park in its home province of Binh Duong to capitalize on the growing demand for warehouses and manufacturing space.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Becamex-VSIP power firm in the pipeline

Becamex-VSIP power firm in the pipeline

Becamex IDC, a leading Vietnamese industrial development group, is preparing to set up an electricity company for power supply within industrial parks across the country.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Binh Duong reclaims world Top 7 Communities title

Binh Duong reclaims world Top 7 Communities title

Binh Duong province in southern Vietnam has been glorified by Intelligent Community Forum (ICF) in its Top 7 Communities of 2022 list thanks to the Binh Duong Smart City project.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sembcorp to develop Quang Tri industrial park

Sembcorp to develop Quang Tri industrial park

Vietnam Singapore Industrial Park or VSIP, a joint venture between Vietnam’s Becamex IDC and Singapore's Sembcorp Development, is to embark on constructing an industrial park in Quang Tri province this month.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7