Industrial park (IP) developers have recently witnessed a robust surge in the industrial real estate sector, supported by a range of favorable factors. However, their stock prices are currently experiencing profit-taking pressure and corrections. Yet, the resurgence of foreign investment capital inflows, which are projected to further increase in the near future, could present fresh opportunities for this stock group. Profit-taking and correction On September 11, as the VN-Index dropped by nearly 18 points, industrial real estate stocks found themselves caught in the broader market correction. For example, Kinh Bac City Development Holding Corporation (KBC) saw its stock price decline by 1.3%, Investment and Industrial Development Joint Stock Corporation (BCM) by 2.2%, Saigon VRG Investment Corporation (SIP) and Viglacera Corporation (VGC) by 2.3% each, Long Hau Joint Stock Company (LHG) and Sonadezi Chau Duc Shareholding Company (SZC) by more than 3.6% each, and Industrial Urban Development Joint Stock Company No. 2 (D2D) by over 4.1%. Despite enjoying significant gains in recent months due to various supporting factors, industrial real estate stocks are now experiencing profit-taking pressure and corrections. Statistics indicate that from the beginning of 2023 to the first week of September, the stocks of IP (industrial park) developers surged […]
Industrial park (IP) developers have recently witnessed a robust surge in the industrial real estate sector, supported by a range of favorable factors. However, their stock prices are currently experiencing profit-taking pressure and corrections. Yet, the resurgence of foreign investment capital inflows, which are projected to further increase in the near future, could present fresh opportunities for this stock group. Profit-taking and correction On September 11, as the VN-Index dropped by nearly 18 points, industrial real estate stocks found themselves caught in the broader market correction. For example, Kinh Bac City Development Holding Corporation (KBC) saw its stock price decline by 1.3%, Investment and Industrial Development Joint Stock Corporation (BCM) by 2.2%, Saigon VRG Investment Corporation (SIP) and Viglacera Corporation (VGC) by 2.3% each, Long Hau Joint Stock Company (LHG) and Sonadezi Chau Duc Shareholding Company (SZC) by more than 3.6% each, and Industrial Urban Development Joint Stock Company No. 2 (D2D) by over 4.1%. Despite enjoying significant gains in recent months due to various supporting factors, industrial real estate stocks are now experiencing profit-taking pressure and corrections. Statistics indicate that from the beginning of 2023 to the first week of September, the stocks of IP (industrial park) developers surged […]
Industrial park (IP) developers have recently witnessed a robust surge in the industrial real estate sector, supported by a range of favorable factors. However, their stock prices are currently experiencing profit-taking pressure and corrections. Yet, the resurgence of foreign investment capital inflows, which are projected to further increase in the near future, could present fresh opportunities for this stock group. Profit-taking and correction On September 11, as the VN-Index dropped by nearly 18 points, industrial real estate stocks found themselves caught in the broader market correction. For example, Kinh Bac City Development Holding Corporation (KBC) saw its stock price decline by 1.3%, Investment and Industrial Development Joint Stock Corporation (BCM) by 2.2%, Saigon VRG Investment Corporation (SIP) and Viglacera Corporation (VGC) by 2.3% each, Long Hau Joint Stock Company (LHG) and Sonadezi Chau Duc Shareholding Company (SZC) by more than 3.6% each, and Industrial Urban Development Joint Stock Company No. 2 (D2D) by over 4.1%. Despite enjoying significant gains in recent months due to various supporting factors, industrial real estate stocks are now experiencing profit-taking pressure and corrections. Statistics indicate that from the beginning of 2023 to the first week of September, the stocks of IP (industrial park) developers surged […]
HCMC - The Government has green-lit a nearly-600-hectare industrial park in the northern province of Lang Son, which will be developed by Vietnam Singapore...
HCMC - Deputy Prime Minister Le Minh Khai has approved including two industrial parks in HCMC in the development planning of Vietnam’s industrial parks...
Fresh investment capital in HCMC’s export processing zones and industrial parks reached US$90.14 million in the first quarter of the year, growing over 21%...
HCMC - Fresh investment capital in HCMC's export processing zones and industrial parks reached US$90.14 million in the first quarter of the year, growing...
HCMC – Prime Minister Pham Minh Chinh, during his official visit to Singapore, met with President Halimah Yacob and Prime Minister Lee Hsien Loong...
HCMC – Vietnam’s Becamex IDC Corporation and Singapore’s Sembcorp Development Ltd today, February 10, signed a Memorandum of Understanding (MOU) to jointly establish five...