Vietnam and Singapore are furthering their ties in green infrastructure including industrial parks with smart solutions featured by concrete initiatives.
An MoU was signed between Becamex IDC Industrial Development and Investment Corporation (Vietnam) and Sembcorp Development Ltd. (Singapore) on February 10 in Singapore to acknowledge the cooperation to develop five green, smart, and sustainable industrial parks (IPs) in Vietnam within the next three years with total investment capital of roughly $1 billion.
A seminar series on technology was held in Binh Duong over the weekend, looking at events related to national innovation.
Vietnam Singapore Industrial Park Group (VSIP Group) was awarded the decision to develop an industrial park project in Vinh Thanh district, Can Tho city, on October 17.
Becamex IDC was honoured to host the visit of Deputy Prime Minister and Singapore Coordinating Minister for Economic Policy Heng Swee Keat and his delegation at the Block71 Saigon office on September 14.
Within the framework of an official visit to Vietnam, his excellency Heng Swee Keat, Deputy Prime Minister and Coordinating Minister of Economic Policies of the Republic of Singapore, and his delegation made a working visit to VSIP I - Binh Duong Industrial Park on September 14.
Established in 2018 by a joint venture between Warburg Pincus and Becamex IDC, BW Industrial Development JSC has become the largest and fastest-growing logistics and industrial for-rent platform in Vietnam. Lance Li, CEO of BW Industrial Development JSC, talked with VIR’s Bich Ngoc about his assessment of the development of the market.
The spring concert was successfully held at the Binh Duong Convention and Exhibition Centre on March 5, featuring a breathtaking performance by renowned Japanese conductor Honna Tetsuji.
BW Industrial Development JSC, Vietnam’s leading industrial and new economy real estate developer co-founded by Warburg Pincus and Becamex IDC, on January 19 announced the acquisition of approximately 74,000 square metres of prime land in Bac Tien Phong Industrial Zone in the northern province of Quang Ninh, developed by DEEP C Industrial Zones.
The People’s Committee of Binh Duong province in southern Vietnam and Gangnam-gu district in South Korea signed an MoU on January 6, marking a strategic cooperation to promote international trade and cultural exchange.
CapitaLand Development (CLD), the development arm of CapitaLand Group, and Becamex IDC on December 13 organised a signing ceremony to develop Binh Duong New City. CLD will acquire a prime site from Becamex IDC for its first large-scale residential project in Vietnam, with a projected total gross development value of approximately S$1.12 billion ($796.9 million).
On June 14, Becamex IDC signed an agreement with Binh Duong authorities to respond to the call of the Vietnam Fatherland Front Committee, Binh Duong Department of Health, and the local Centre for Disease Control on supporting funds for the prevention of the COVID-19 pandemic.
Today, Becamex IDC has inked a deal with Central Retail Vietnam to develop the GO! shopping mall with an investment of $35 million in Ben Cat town of Binh Duong province.
Becamex Industrial Development Corporation (IDC) ranked first in the list of Top 10 Prestigious Industrial Real Estate Companies by Vietnam Report and its media partner. Meanwhile, VSIP Group, a joint-venture between Becamex IDC and Sembcorp (Singapore), came second.
Becamex IDC targets to reduce revenue by 15 per cent and profit by 48 per cent for 2021 due to the impact of COVID-19.