Vietnam’s Vinh Long province is in talks with Singapore-based Sembcorp Industries on potential investments in renewable energy and an eco-industrial park. (Photo: Sembcorp)
Vietnam’s Vinh Long province is in talks with Singapore’s Sembcorp Industries to explore investment opportunities in renewable energy and an eco-industrial park, as the province seeks to position itself as a clean energy hub for the Mekong Delta and beyond.
Lawrence Chan, head of Vietnam–Singapore Industrial Parks (VSIP) in Vietnam, said on Dec. 22 that Sembcorp’s strategy aligns closely with Vietnam’s national energy transition goals, as well as with the technical readiness needed to unlock Vinh Long’s renewable energy potential.
Sembcorp expands industrial park footprint in Vietnam
Sembcorp entered Vietnam in 1996 with the development of the Vietnam–Singapore Industrial Park (VSIP) in Binh Duong province, marking the company’s first investment in the country. Since then, VSIP projects have been developed in partnership with Vietnamese authorities across multiple locations. According to Lawrence Chan, the industrial parks now span a combined area of about 12,000 hectares and represent more than USD 23 billion in cumulative investment.
