Sembcorp has made significant progress by growing its industrial property portfolio. How can its achievements be assessed? Charles Chong, head of Sembcorp Development in Vietnam Since Sembcorp started Vietnam Singapore Industrial Park (VSIP) in 1996, we have diversified our industrial property portfolio. With VSIP, we pioneered the integrated township and industrial park concept. In 2022, Sembcorp launched a new smart and sustainable VSIP and obtained a licence for our 12th VSIP, to be developed in the Mekong Delta city of Can Tho. Sembcorp has also completed ready-built warehouses in Haiphong city and Hai Duong province, both in the north. We are working with Vietnam in its industrialisation and urbanisation journey. We are proud that our projects have brought us closer to the Vietnamese people by generating good employment opportunities, catalysing growth in provinces, establishing communities in new places, and taking care of the disadvantaged in our communities. … [Read more...] about Sembcorp’s consistent sustainability
Arun atal rooftop solar user navigator
Rising energy costs to require roadmap for businesses’ timely adjustment of strategies
This time of year is critical for the competitiveness of foreign-owned businesses in Vietnam. Last Tuesday, Hark-Kyu Park, president and CFO of Samsung Electronics, expressed the company’s expectation that the Vietnamese government would continue to support its development. He said that Vietnam is an essential partner and Samsung’s biggest manufacturing hub worldwide. Rising energy costs to require roadmap for businesses’ timely adjustment of strategies. Photo: Le Toan Do Nguyet Anh, chairman of the board at Northern Electric Equipment (NEE), said last month that Samsung in northern Vietnam “stopped several manufacturing lines” and “restricted satellite operations.” The longer-than-usual production halt resulted in a drop of 300 million kWh. Samsung is now one of NEE’s major clients in terms of power use. The steady recovery of domestic production is anticipated to result in a rise of 8-9 per cent in the industrial production index in 2023. Since Q4 of 2022, however, … [Read more...] about Rising energy costs to require roadmap for businesses’ timely adjustment of strategies
Novel Buon Ma Thuot app promotes coffee and tourism
The move aims to spread coffee culture of Buon Me Thuot and turn the city into a coffee mecca, a global destination for tourism, contributing to improving value and affirming the position of Vietnamese coffee in the international market. Permanent Vice Chairman of the municipal People’s Committee Pham Tien Hung said in response to the eighth Buon Ma Thuot coffee festival 2023, the municipal authorities built the app to popularize the Buon Ma Thuot coffee brand as well as tourism potential and strengths of Dak Lak and Buon Ma Thuot in particular. After over four months of building, the app provides users with their own view of an updated list of 37 signature coffee shops, 33 lodging facilities, 15 tourist destinations and several eateries. It also has a road direction function to help users save time when navigating to their desired places in the region. Source: VNA … [Read more...] about Novel Buon Ma Thuot app promotes coffee and tourism