Page 2 - Sembcorp Development News Today

Singapore’s Sembcorp Development and Becamex IDC Corporation announced the addition of four new Vietnam Singapore Industrial Parks (VSIPs) on August 29.

HANOI (Vietnam News/Asia News Network): Companies in Singapore and Vietnam are poised to reap more benefits from a steady increase in the number of Vietnam-Singapore Industrial Parks (VSIPs), with Sembcorp Development announcing the addition of four new ones to its portfolio.

Top Singaporean groups are continuing to make their mark in Vietnam’s real estate arena, from luxury apartments to industrial complexes.

Leo Burnett Singapore reclaimed its place at the top at the MARKies Awards 2023.

The carbon-neutral investment outlook in Vietnam is expected to be joined by an increased number of both local and overseas players.

The Mekong Delta city of Can Tho wants to attract investors in green industries serving the local sustainable development, said Nguyen Van Hieu, Secretary of the municipal Party Committee at a working session with Kelvin Teo, CEO of Sembcorp Development and co-chairman of Vietnam-Singapore Industrial Park (VSIP) Group on June 14.

The People’s Committee of Hanoi has approved a project on urban economic development, under which the urban economy is hoped to make up 85% of the capital city’s gross regional domestic product (GRDP) by 2025, and 90% by 2030.

By investing in optimised supply chain planning, companies can maximise efficiency, minimise costs and deliver exceptional value to their customers, a survey done by a consulting firm CEL has found.

The Vietnamese stock market has become a reliable destination for many investors worldwide in recent years, especially those in the Asia-Pacific, said Chairwoman of the State Securities Commission Vu Thi Chan Phuong.

Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Vietnam's (SBV) policy rate cut, savings of individual customers have kept rising.