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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sembcorp to spend $160 mln on 245 MW renewables portfolio in Vietnam
Singapore’s Sembcorp Industries will spend a maximum of SGD218 million ($160.3 million) on acquiring majority interests ranging 73-100% in subsidiaries of Vietnam’s multi-sector firm Gelex, consequently adding 245 MW of renewable energy assets to its portfolio in the country.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Frasers Property, Vietnam’s Gelex begin work on northern Vietnam industrial park
Frasers Property Vietnam (FPV), under Singapore-headquartered Frasers Property, and Vietnam Electrical Equipment JSC (Gelex) have begun constructing an industrial park in the northern province of Bac Ninh.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Owner of Long Hau industrial park records $2 mln Q1 profit
Long Hau Corporation, owner of Long Hau Industrial Park in Long An province, reported net revenue of over VND115 billion ($4.8 million) and after-tax profit of VND50.7 billion ($2.1 million) in Q1, up 0.8% and 9% year-on-year, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dragon Capital becomes major shareholder in Vietnam industrial major Gelex
Leading fund management company Dragon Capital has bought 2 million GEX shares in Vietnam industrial major Gelex, raising its ownership from 4.86% to 5.1%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial major Gelex appoints new chairman
Nguyen Trong Hien has been appointed chairman of the Vietnam Electrical Equipment Joint Stock Corporation (Gelex) starting Wednesday, replacing Nguyen Hoa Cuong who resigned from the position.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Singapore firms to co-develop $250 mln industrial parks
Vietnamese industrial developer Gelex and Singapore’s property developer Frasers Property Investments are planning to invest $250 million in developing industrial parks in northern Vietnam.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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