Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
Vietnam Singapore Industrial Park Joint Venture Co. (VSIP), the developer of VSIP industrial parks, recorded a post-tax profit of VND1,703 billion ($66.9 million) in 2023, down 24.6% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foreign investors buy $33 mln worth of industrial park developer Idico’s shares since early this year
Foreign investors have net bought IDC shares of Vietnam’s leading industrial park developer Idico to the tune of VND846.9 billion ($33.3 million) since the beginning of this year, according to Vietcap Securities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
New industrial hub Bac Giang province plans 10th industrial park
Bac Giang province, a new manufacturing center in northern Vietnam, plans to develop the Thai Dao-Tan An Industrial Park targeting modern, environmentally friendly industries.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Businesses in Vietnam’s oldest industrial park to relocate before 2026
The relocation of enterprises from Bien Hoa 1 Industrial Park in the southern province of Dong Nai will be completed in December 2025, said local authorities.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central Vietnam province greenlights $280 mln Vietnam-Singapore industrial park
The Vietnam-Singapore Industrial Park JV Co. Ltd. (VSIP) received an in-principle nod from Thua Thien-Hue province Saturday to build a VND7 trillion ($280.4 million) VSIP industrial park.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Rubber, industrial park stocks attract cash flow
Cash flow ran into industrial park and rubber stocks from March 11-15 with a series of tickers making strong gains.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam builder PC1 to expand industrial park portfolio amid rising FDI
PC1 Group Joint Stock Company, listed on the Ho Chi Minh Stock Exchange as PC1, has plans to expand its industrial park (IP) portfolio by 1,500-3,000 hectares by 2030 as foreign investment in Vietnam continues to rise.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai developer WHA to invest in central Vietnam industrial park
Thailand's WHA Industrial Development has received in-principle approval to build a 400-hectare, VND3.5 trillion ($141.5 million) industrial park in the central province of Quang Nam.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hai Phong city prepares massive industrial parks to accommodate FDI
Vietnam’s northern port city of Hai Phong has plans to build new industrial parks (IPs) to prepare for an anticipated increase in foreign direct investment (FDI) amidst a supply chain value shift to the Southeast Asian region.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
IP developer Kinh Bac backs out of plans to buy fund shares, pay dividends
Leading industrial park developer Kinh Bac will propose canceling plans to buy fund shares and paying a 20% cash dividend at an upcoming extraordinary general meeting (EGM) of shareholders.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VSIP industrial park to break ground in northern Vietnam border province
Authorities are striving to help the 600 hectare, $275 million VSIP Lang Son Industrial Park in the eponymous province, which borders China, kick off construction in April.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai industrial developer WHA eyes second Vietnam facility by end 2024
Thailand's WHA Industrial Development is in the process of obtaining licenses to begin construction of WHA Smart Technology Industrial Zone 1 in Vietnam’s central province of Thanh Hoa by the end of 2024.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Southeastern Vietnam localities seek FDI for 'new' industries
Vietnam’s southeastern localities, which have seen strong foreign direct investment (FDI) inflows since the start of this year, are working hard to attract more, particularly into new industries.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Construction major Vinaconex to build $257 mln industrial park in Hanoi
Construction and real estate corporation Vinaconex will develop the Dong Anh Industrial Park in Hanoi at a cost of VND6.34 trillion ($256.6 million).
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
VSIP Binh Dinh industrial park inaugurated in central Vietnam
The first phase of the $300 million Becamex VSIP Binh Dinh service-urban-industrial complex was inaugurated in the south-central province of Binh Dinh on Monday.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand’s WHA plans to build 1,200 hectare industrial park in southern Vietnam
Thailand's WHA Industrial Development plans to build a smart and eco-friendly industrial park in Vietnam’s southern province of Ba Ria-Vung Tau, covering 1,200 hectares.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Thuan province to receive huge investment capital flow
The south-central Vietnamese province of Binh Thuan has granted in-principle approval, investment registration certificates, and investment memoranda to multiple domestic and foreign businesses, including those leading in the fields of infrastructure, real estate, footwear and steel.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Electronics, computers, optical products main demand sources for northern Vietnam ready-built-factories
The developers of industrial parks (IP) in the Northern Key Economic Region (NKER) are rushing to source land in order to take advantage of the investment wave in Vietnam, write Cushman & Wakefield analysts.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Sojitz plans to build smart green industrial park in southern Vietnam
Japan’s multi-sector business Sojitz Corporation plans to build a smart green industrial park in Vietnam’s southern industrial hub of Dong Nai under a program run by the Japanese Ministry of the Environment.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial park giant Sonadezi plans to divest from subsidiaries
Dong Nai province-based industrial park developer Sonadezi has announced its intention to divest capital from member companies as part of its restructuring plan for the 2021-2025 period.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand’s WHA plans 300ha industrial park in central Vietnam
WHA Industrial Development, a leading Thai firm, plans to develop a 300-hectare industrial park called Giang Quang Thinh in the central province of Thanh Hoa.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand WHA targets $1 bln additional investment in central Vietnam province: CEO
WHA Industrial Development, a leading Thai firm, has invested $200 million in the central province of Nghe An and targets to pour another $1 billion over the next five years.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial parks to remain ‘tenant-favorable’ as competition heats up: Knight Frank exec
Increasing investors in industrial parks will make them more competitive and tenant-favorable, with developers offering cheaper rents and other incentives, Knight Frank Vietnam managing director Alex Crane tells The Investor.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore-invested firm to build $4.3 mln wastewater treatment factory in southern Vietnam
Koastal Eco Industries Co., Ltd., under Singapore’s Koastal Group, has signed an EPC (engineering, procurement and construction) contract to build a $4.3-million wastewater treatment plant in Vietnam’s southern province of Tay Ninh.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Water supply to Formosa-invested industrial park cut over unpaid bills
Phu My Water Supply JSC, a local firm in the southern province of Ba Ria-Vung Tau, has cut water supply to the My Xuan A2 Industrial Park over unpaid bills.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
$154 mln second VSIP Industrial Park in Quang Ngai province approved
Deputy Prime Minister Tran Luu Quang has approved the first phase investment of VSIP II Industrial Park in Dung Quat Economic Zone, Vietnam's central province of Quang Ngai, with an investment of VND3,737 billion ($154 million).
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
BW Industrial begins building 10th project in 2023 in Hai Phong city
BW Industrial Development JSC, a leading logistics and industrial real estate developer in Vietnam, kicked off the construction of a project in Hai Phong city on Thursday.
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 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
Vietnam-Singapore joint venture plans new 500-hectare industrial park
Vietnam-Singapore Industrial Park J.V. Co. Ltd. (VSIP) has proposed that it builds a new industrial park in the central province of Thua Thien-Hue, covering 500 hectares in the first phase.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
London-based Actis exits Vietnam project after ‘successful’ $20 mln investment
London headquartered Actis has exited the An Phat 1 Industrial Park in Hai Duong province after selling its 49% stake in the facility to An Phat Holdings, its operating partner.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese firm to develop fabric-based products for Vietnam auto industry
Japan’s Ohtsuka Sangyo Material Co. Ltd. will invest $20 million in a project in the northern province of Ha Nam to research and develop materials for the automobile assembly sector.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sumitomo plans $500 mln expansion of northern Vietnam industrial park
Japanese conglomerate Sumitomo will invest $500 million in expanding its Thang Long II Industrial Park in the northern province of Hung Yen.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Construction of $82-mln VSIP industrial park in central Vietnam begins
The construction of Quang Tri Industrial Park, also known as VSIP Quang Tri, in the central province of Quang Tri began on Friday.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Quang Ninh province aims to attract $1.5 bln in Thailand-invested industrial park next year
Vietnam’s northern province of Quang Ninh is looking to attract investment of at least $1.5 billion in 2024 in Song Khoai Industrial Park, also known as Amata City Ha Long, invested by Thailand’s leading industrial developer Amata.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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