Industrial Center Yen Phong 2C ranked among top 10 potential industrial park real estate projects in 2024
Industrial Centre Yen Phong 2C has been ranked among the top 10 potential industrial park real estate projects in 2024.
The ranking was announced at a ceremony to honor leading real estate brands in 2023-2024 last Friday in Hanoi.
The high-end industrial real estate project has been jointly developed by GELEX Group and Frasers Property Vietnam, and is located in Yen Phong II-C Industrial Park, Dong Tien commune, Yen Phong district, the northern province of Bac Ninh.
The project includes ready-built factories and integrated warehouses. The factories entails display areas, office space and production areas. Each ready-built factory covers 1,500-2,500 square meters, while high-end ready-built factories cover 2,700-3,200 m2 and an integrated ready-built warehouse has 6,000 m2. In addition, 7,000 m2 of the project has been allocated for relaxation and entertainment.
The project has LEED (Leadership in Energy and Environmental Design) certification for applying sustainable building criteria and technology to increase work efficiency and tenant well being. This includes the application of environmentally friendly construction materials and natural daylight optimization, contributing to efficient energy use, increased usage time, and reduced impact on the surrounding environment.
The Industrial Centre YP2C project is expected to be completed in the second quarter of 2024, providing high-end ready-built factories and integrated ready-warehouses with flexible designs, ready to meet the unique needs of each customer.
The project is the start of cooperation between GELEX Group and Frasers Property Vietnam, a part of a multinational owner-operator-developer of real estate products and services Frasers Property Group headquartered in Singapore. It is expected to raise industrial parks in the key economic region of northern Vietnam to new heights.
Industrial Centre YP2C was named one of the Top 10 most potential industrial park real estate projects in 2024 after passing the organizing committee's strict voting criteria for being a reputable investor with a responsible management board.
The project has been methodically invested in and smartly planned with a convenient location for easy connection to economic trade centers, wharves and yards, green, clean, beautiful and synchronous infrastructure, and full amenities, as well as reasonable and stable rental costs.
The project is a harmonious combination of green- and customer-oriented design, operation, and management elements to create a healthy, sustainable, and high-performance working environment. The enthusiasm of GELEX Group and Frasers Property Vietnam at Industrial Centre YP2C has contributed to creating a new supply of future green buildings, meeting the modern needs of businesses and tenants for a sustainable working environment.
- Read More
Germany energy firm wpd plans $180 mln wind power project in central Vietnam
Germany’s energy company wpd plans to invest VND4,600 billion ($181.62 million) in building a 143 MW wind power plant in Vietnam’s central coastal province of Binh Dinh.
Energy - Fri, January 17, 2025 | 10:21 pm GMT+7
BRICS – new key export market of Indonesia
Indonesia’s non-oil and gas exports to the five major BRICS nations reached $84.37 billion in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).
Southeast Asia - Fri, January 17, 2025 | 9:54 pm GMT+7
Vietnam refinery operator BSR hits $2.6 bln valuation in bourse debut
Binh Son Refining and Petrochemical JSC, the operator of Vietnam’s first oil refinery Dung Quat, officially listed over 3.1 billion BSR shares on the Ho Chi Minh Stock Exchange (HoSE) on Friday, marking a rare "blockbuster" debut on the major bourse in recent years.
Companies - Fri, January 17, 2025 | 6:59 pm GMT+7
Two remaining weak Vietnamese banks transferred to VPBank, HDBank
The State Bank of Vietnam, the country's central bank, on Friday announced the mandatory transfers of two "weak" private banks under its special control, GPBank and DongA Bank, to VPBank and HDBank respectively.
Banking - Fri, January 17, 2025 | 4:32 pm GMT+7
DPPA not applied to non-manufacturing consumers, Vietnam ministry insists
Vietnam’s Ministry of Industry and Trade does not plan to extend the direct power purchase agreement (DPPA) mechanism to non-manufacturing consumers using the national grid.
Energy - Fri, January 17, 2025 | 3:50 pm GMT+7
Two foreign giants eye luxury marina, resort projects in central Vietnam
Swiss investment fund Finance Suisse and the world’s leading superyacht builder Palmer Johnson are looking for opportunities to invest in a super-luxury marina and a resort in the south-central Vietnam province of Binh Dinh.
Industries - Fri, January 17, 2025 | 3:18 pm GMT+7
Int’l investment funds interested in Danang’s financial center: city leader
International investors and financial investment funds from the U.S., Singapore, the Middle East, and Switzerland are highly interested in developing a financial center in Danang, says Ho Ky Minh, the central city’s Vice Chairman.
Economy - Fri, January 17, 2025 | 12:49 pm GMT+7
Samsung’s ex-HR head Na Ki-hong to lead Samsung Vietnam from next month
Na Ki-hong, deputy CEO of Samsung Vietnam and former human resources head at Samsung Electronics, will succeed Choi Joo Ho as CEO of Samsung Vietnam from February.
Companies - Fri, January 17, 2025 | 12:41 pm GMT+7
Vietnam, Poland agree to consider elevating relations to strategic partnership
Vietnamese Prime Minister Pham Minh Chinh and his Polish counterpart Donald Tusk have agreed that the two sides should consider upgrading relations to a strategic partnership soon, on the basis of high political trust and positive results of the 75-year traditional friendship.
Politics - Fri, January 17, 2025 | 10:59 am GMT+7
Japan’s Erex to operate wood pellet plant in northern Vietnam next month
Japan's renewable energy firm Erex is conducting trial production at its wood pellet plant in Vietnam’s northern mountainous province of Tuyen Quang and will put it into official operation in February.
Energy - Fri, January 17, 2025 | 10:54 am GMT+7
AI can’t compete with human in curiosity, creativity, emotional intelligence: FPT exec
AI lacks curiosity, creativity, and emotional intelligence - the qualities that humans must prioritize to maintain their competitive edge, says Hoang Nam Tien, former chairman of FPT Software and FPT Telecom under Vietnam's leading tech corporation FPT.
Companies - Fri, January 17, 2025 | 9:41 am GMT+7
HCMC’s Can Gio port project gets in-principle approval
Vietnamese Prime Minister Pham Minh Chinh has granted in-principle approval to the Can Gio International Transshipment Port project in Ho Chi Minh City, with investment capital exceeding VND50 trillion ($1.97 billion).
Infrastructure - Fri, January 17, 2025 | 8:17 am GMT+7
Vietnam's Big 4 lender Vietcombank to issue nearly 2.8 bln shares for dividend payment
Vietcombank will expand its chartered capital from VND55,891 billion to VND83,557 billion ($3.29 billion) via an issuance of shares to pay dividends, becoming the largest bank in Vietnam by chartered capital.
Banking - Thu, January 16, 2025 | 7:58 pm GMT+7
Indonesia exports $1.5 million worth of steel to New Zealand
Indonesian Trade Minister Budi Santoso on Wednesday sent off export consignments of welded beam steel, measuring 1,200 metric tons and valued at $1.5 million, to New Zealand, reported national news agency Antara.
Southeast Asia - Thu, January 16, 2025 | 7:17 pm GMT+7
Vietnam to build Ninh Thuan nuclear power plant within 5 years
Vietnam strives to complete building its Ninh Thuan nuclear power plant in five years (by 2030), towards the 100th anniversary of the Communist Party of Vietnam (1930-2030).
Energy - Thu, January 16, 2025 | 5:06 pm GMT+7
Malaysia, UK discuss elevating relations to strategic partnership
Malaysian Prime Minister Datuk Seri Anwar Ibrahim and his UK counterpart Keir Starmer discussed the elevation of bilateral relations to a strategic partnership during their talk in London on Wednesday.
Southeast Asia - Thu, January 16, 2025 | 3:30 pm GMT+7