Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023

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, April 22, 2024 | 8:05 am GMT+7

Vietnam industrial property rentals set to rise 7-9% a year

Vietnam industrial property rentals set to rise 7-9% a year

Industrial real estate rentals can increase 7-9% per year in the coming years given continued robust inflows of foreign investment and limited new supply, according to property services firm CBRE.

Industrial real estate - Thu, April 18, 2024 | 7:00 am GMT+7

New industrial hub Bac Giang province plans 10th industrial park

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, April 15, 2024 | 1:53 pm GMT+7

Businesses in Vietnam’s oldest industrial park to relocate before 2026

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 - Wed, April 10, 2024 | 7:39 pm GMT+7

Manufacturing hub Binh Duong plans 10 new industrial parks

Manufacturing hub Binh Duong plans 10 new industrial parks

The Industrial Zones Authority of Binh Duong province, a manufacturing center in southern Vietnam, is promoting the establishment of 10 new industrial parks (IPs) in the 2023-2030 period.

Industrial real estate - Wed, April 10, 2024 | 5:35 pm GMT+7

Central Vietnam province greenlights $280 mln Vietnam-Singapore industrial park

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 - Sat, April 6, 2024 | 8:08 pm GMT+7

Ha Tinh province hands over 88% of land for $63 mln VSIP industrial park

Ha Tinh province hands over 88% of land for $63 mln VSIP industrial park

Vietnam's central province of Ha Tinh has handed over 88% of land earmarked for Bac Thach Ha Industrial Park project to the developer, Vietnam-Singapore Industrial Park J.V. Co. Ltd. (VSIP).

Industrial real estate - Sun, March 24, 2024 | 8:00 am GMT+7

Hai Phong proposes southern economic zone to draw investment

Hai Phong proposes southern economic zone to draw investment

Vietnam's northern city of Hai Phong is urgently finishing documentation, procedures, and other related work to submit to Prime Minister Pham Minh Chinh for a project to establish a coastal economic zone in the second quarter.

Industrial real estate - Tue, March 19, 2024 | 1:53 pm GMT+7

Vietnam builder PC1 to expand industrial park portfolio amid rising FDI

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 - Sat, March 16, 2024 | 11:27 am GMT+7

Thai developer WHA to invest in central Vietnam industrial park

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 - Fri, March 15, 2024 | 8:00 pm GMT+7