Srithai, Unilever invest $70 m in VSIP

View of the VSIP from the company homepage

Srithai Vietnam and Unilever Vietnam have invested a collective amount of $70 million  in the Vietnam Singapore Industrial Park (VSIP) in the BacNinh province.

Unilever Vietnam, which specialises in manufacturing household products, invested $40 million in the VSIP and plans to scale up its production facility in the park to produce 250,000 tons, annually. Unilever Vietnam is the subsidiary of Unilever, the global consumer goods mammoth, operating in over 150 countries.

Similarly Srithai Vietnam Co invested  $30 million in the park plans to set up beverages manufacturing with installed capacity  of 7,500 tons per year. It also plans to produce plastic products for industrial use (capacity of 500 tons per year). The project will be in operation in the park during the fourth quarter of 2015, providing 150 jobs.

In September, a Singapore real estate company Mapletree invested $70 million in VSIP – BacNinh to build an international logistics and storage; its third such facility in Vietnam.

Till now, VSIP – BacNinh has attracted more than $1.3 billion In investment from both domestic and foreign investors. It is home to over 53 projects, of which 40 per cent are Japanese investors.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.