Southern Vietnam province hopes to lure FDI for industrial development

Southern Vietnam province hopes to lure FDI for industrial development

The southern province of Ba Ria-Vung Tau plans to attract foreign direct investment (FDI) in 110 new projects across various industries, according to local authorities.

Economy - 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

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