Sembcorp Development News Today

THE following companies saw new developments that may affect trading of their securities on Monday (Jun 3):

This time last year, I wrote that 2023 would be a momentous year for Vietnam and Singapore’s relationship.

Sembcorp Development has added Singapore Industrial Park Ha Tinh (VSIP Ha Tinh) to its portfolio.

SEMBCORP Development has added three industrial parks in Vietnam to its expanding portfolio of low-carbon industrial parks.

Despite a gloomy picture spreading in other segments of the property market, industrial real estate continues to develop strongly with a range of projects commencing.

Vietnam will export 1.2GW of low-carbon electricity, mostly from wind power, to the island nation.

Real estate businesses in Vietnam mobilized about VND55.6 trillion ($2.28 billion) worth of bonds via private placements in the first nine months of the year, according to the Vietnam Bond Market Association (VBMA).

The race to expand logistics market share continues to heat up, as both domestic and foreign enterprises increase investments in this field.

Haiphong Economic Zones Management Authority has granted a series of investment certificates.

The Vietnam - Singapore Industrial Park is set to begin after much deliberation.