IDC – Preparing for a new business phase
• In 9M2025, IDC recorded revenue and gross profit of VND 6.4 trillion (-7% YoY) and VND 2.35 trillion (-13% YoY), respectively. IP land and infrastructure leasing revenue reached VND 2.2 trillion (-26% YoY), reflecting recognition for 64 hectares of leased area—comprising 34 hectares from 2024 MOUs and 30 hectares from new 2025 contracts.• For the newly approved industrial parks (Tan Phuoc 01 IP in Tien Giang and Vinh Quang IP in Hai Phong), IDC is finalizing land clearance by end-2025, enabling infrastructure construction to commence in 2026.
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