SLP delivers first 2 hectares of warehouse in Long An
SLP, the Vietnam asset management unit of Singapore logistics infrastructure developer GLP, has delivered around 20,000 square meters of warehouse in SLP Park Xuyen A in Long An province to Vietnamese delivery company Giao Hang Nhanh.
This marks the first warehouse unit handed over to a customer as part of phase one of the SLP Park Xuyen A project in the southern province, which borders Ho Chi Minh City.
The warehouse unit in SLP Park Xuyen A delivered to Vietnamese delivery company Giao Hang Nhanh. Photo courtesy of SLP.
“Vietnam is regarded as one of the most promising logistics markets in ASEAN and is experiencing rapid growth in the e-commerce sector. Giao Hang Nhanh is our first customer in Vietnam,” SLP chairman Kent Yang said at the hand-over ceremony on Thursday.
Giao Hang Nhanh, after efforts to evaluate, found SLP Park Xuyen A is the best choice to form its main regional sorting warehouse in southern Vietnam, said Mai Hoang, chief operating officer of the delivery company.
“This is our most modern warehouse in Vietnam. We hope to continue to work with SLP for our expansion in other parts of the country,” he added.
The delivery firm is expanding its logistics infrastructure to increase its distribution capabilities in response to its growing demand, according to him.
SLP Park Xuyen A is about 25 kilometers from HCMC’s Tan Son Nhat International Airport, and 30km from the city’s center.
As of the end of 2022, SLP has developed seven projects in Greater Hanoi and Greater HCMC regions, with a total leasable area of more than 550,000 square meters.
In January this year, SLP launched the first Logistics Development Fund in Vietnam, GLP Vietnam Development Partners I, with a total investment value of more than $1.1 billion, making it one of Southeast Asia’s largest logistics development funds.
- Related News
- Read More
Vingroup withdraws from Vietnam North-South high-speed rail bid
Vingroup has withdrawn its registration to invest in Vietnam's North-South high-speed railway project, saying it wants to concentrate resources on other strategic infrastructure and energy projects.
Infrastructure - Thu, December 25, 2025 | 4:37 pm GMT+7
Vietnam sees about 785,000 successful real estate transactions annually since 2022
Vietnam’s real estate market has gradually recovered and resumed growth since 2022, with annual transactions reaching 537,000-785,000, according to the Ministry of Construction.
Real Estate - Thu, December 25, 2025 | 3:54 pm GMT+7
Vietnam PM orders resolution of bottlenecks at GS Energy-backed LNG projects
Prime Minister Pham Minh Chinh has directed authorities to resolve outstanding obstacles facing the Long An LNG I and II power projects, worth a total of $3.13 billion and backed by South Korea’s GS Energy, as the government seeks to accelerate large-scale energy investments nationwide.
Energy - Thu, December 25, 2025 | 3:25 pm GMT+7
Deo Ca Group withdraws from Hanoi’s gigantic project Red River Scenic Boulevard, cites focus on core expertise
Deo Ca Group, a major Vietnamese infrastructure developer, said it has decided to withdraw from participation in Hanoi’s Red River Scenic Boulevard project, despite being among the first companies to help bring the long-delayed scheme off the drawing board.
Real Estate - Thu, December 25, 2025 | 2:09 pm GMT+7
Vietnam banks hold extraordinary shareholder meetings for management shake-up
Several Vietnamese banks have convened extraordinary general meetings of shareholders (EGMs), signalling a broader phase of management restructuring and strategic realignment as the sector prepares for a new growth cycle in 2026.
Banking - Thu, December 25, 2025 | 12:28 pm GMT+7
Vietnamese agri major Loc Troi’s predicament ahead of partnership with TTC AgriS
TTC AgriS, a leading sugar maker in Vietnam, and Loc Troi Group, a major agricultural service supplier and producer, have agreed to cooperate in a bid to upgrade the country’s rice industry. But Loc Troi is entering the partnership amid the most severe crisis in its history and faces an urgent need for substantial financial support.
Companies - Thu, December 25, 2025 | 8:37 am GMT+7
Korean textile maker Panko Vina to shut Vietnam operations from Feb
Panko Vina Co Ltd, a South Korean textile manufacturer, will cease all production and business operations in Vietnam from February 1, 2026, ending more than 23 years of operations in the country.
Companies - Wed, December 24, 2025 | 9:13 pm GMT+7
Vietnam's garment giant Vinatex posts second-highest profit in 30 years despite trade headwinds
Vietnam National Textile and Garment Group (Vinatex), the country's top garment maker, expects consolidated profit to reach VND1,355 billion ($51.5 million) in 2025, the second-highest result in its 30-year history, despite mounting global trade and cost pressures on the industry.
Companies - Wed, December 24, 2025 | 5:03 pm GMT+7
Finding a new balance
The State Bank of Vietnam's proactive and flexible monetary policy in 2026 is expected to maintain market operations within a stable range. For businesses, particularly those in the external sector, it remains essential to proactively hedge against exchange rate and interest rate risks to protect their bottom line, writes Vu Binh Minh, associate director, FX Trading, MSS, HSBC Vietnam.
Consulting - Wed, December 24, 2025 | 4:47 pm GMT+7
Thai giant Central Retail sells Vietnam electronics business to Pico for $36 mln
Thailand’s Central Retail has announced the sale of its Vietnamese electronics retail business to local retailer Pico Holdings JSC for nearly THB1.14 billion ($36 million), as it sharpens its focus on core businesses in the country.
Companies - Wed, December 24, 2025 | 2:00 pm GMT+7
What should investors reasonably expect from IPO stocks?
Experience from both Vietnam and global markets shows that initial public offering (IPO) stocks rarely deliver immediate gains. However, investors who select companies with solid fundamentals and maintain a long-term holding strategy can be rewarded for their patience.
Finance - Wed, December 24, 2025 | 10:45 am GMT+7
Vingroup completes $325 mln overseas bond issuance
Vingroup, Vietnam's biggest listed company by market capitalization, has completed its international issuance of bonds totaling $325 million, with a 5-year maturity, and listed on Austria's Vienna Stock Exchange.
Finance - Wed, December 24, 2025 | 10:17 am GMT+7
Vietnam's public investment-linked stocks seen benefiting in 2026
Capital flows in 2026 are expected to favor sectors that stand to benefit from Vietnam’s public investment drive, including infrastructure, energy, and construction, market experts said.
Finance - Wed, December 24, 2025 | 9:33 am GMT+7
High gold prices to drive prices of property, goods in Vietnam: Sunhouse chairman
In a scenario where gold prices remain elevated in Vietnam, the real estate market is likely to follow suit, pushing income levels higher and driving up prices across other goods, said Nguyen Xuan Phu, chairman of Sunhouse, a leading home appliance manufacturer, while outlining his 2026-2030 forecast.
Economy - Wed, December 24, 2025 | 8:00 am GMT+7
Malaysia’s economy grows robustly in 2025: IMF
Malaysia has shown notable resilience amid global trade tensions and policy uncertainty, with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global upcycle in the technology sector, according to Masahiro Nozaki, Mission Chief for Malaysia at the International Monetary Fund (IMF).
Southeast Asia - Tue, December 23, 2025 | 10:07 pm GMT+7
Indonesia to stop rice imports next year
Indonesia will not import rice for either consumption or industrial use next year, citing sufficient domestic production, according to a government official.
Southeast Asia - Tue, December 23, 2025 | 10:04 pm GMT+7
