{"id":4859,"date":"2025-10-17T09:34:13","date_gmt":"2025-10-17T02:34:13","guid":{"rendered":"https:\/\/wtcconnect.net\/?p=4859"},"modified":"2025-10-30T09:39:21","modified_gmt":"2025-10-30T02:39:21","slug":"becamex-group-repositions-itself-to-emerge-as-a-national-industrial-conglomerate","status":"publish","type":"post","link":"https:\/\/wtcconnect.net\/en\/becamex-group-repositions-itself-to-emerge-as-a-national-industrial-conglomerate\/","title":{"rendered":"BECAMEX GROUP REPOSITIONS ITSELF TO EMERGE AS A NATIONAL INDUSTRIAL CONGLOMERATE"},"content":{"rendered":"
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The year 2025 signifies a major milestone for Becamex, as the corporation officially changes its name, relocates its headquarters, and launches a historic capital-raising plan. Building on strong business performance, this \u201cnew game\u201d presents both opportunities and challenges for the group. The following article analyzes two key pillars of Becamex\u2019s transformation: organizational and brand restructuring, and financial and investment strategy in this new phase of development.<\/span><\/p>\n

TRANSFORMING TO REACH NEW HEIGHTS<\/span><\/h3>\n

At the General Shareholders\u2019 Meeting held on September 29, 2025, Becamex shareholders approved the renaming of the company from Becamex IDC Corporation to Becamex Investment and Development Group Joint Stock Company, abbreviated as Becamex Group. Along with the name change, the group\u2019s headquarters will be relocated from Binh Duong to mPlaza Saigon, 39 Le Duan Street, Saigon Ward, Ho Chi Minh City.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n

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The old headquarters of Becamex was located at WTC Tower, Binh Duong Ward.<\/span><\/p>\n

The renaming and relocation are not merely formalities but represent a declaration of a new ambition: to transform from the \u201cindustrial leader of Binh Duong\u201d into a national-scale conglomerate, integrated into the dynamic business environment of Ho Chi Minh City. With a large land bank and long-standing industrial advantages in Binh Duong (the former base), Becamex aims to play a connecting role in shaping the new core economic region of southern Vietnam, in line with the government\u2019s orientation toward provincial and urban integration.<\/span><\/p>\n

Chairman Nguyen Van Hung described this as \u201ca major turning point,\u201d emphasizing that it is not only a physical relocation but also a transformation in strategic business mindset, a renewal of corporate culture, and an effort to enhance the group\u2019s attractiveness to both domestic and international strategic investors.<\/span><\/p>\n

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\nMr. Nguyen Van Hung -Chairman of Becamex Group\u00a0<\/span><\/p>\n

However, this transformation also brings significant pressure. Relocating the headquarters, building a new organizational structure, and adapting to the highly competitive environment of Ho Chi Minh City will not be easy. The success or failure of this move will depend on how effectively Becamex executes each step \u2014 from human resources and corporate culture to management systems and strategic planning. This is a process of \u201cslowing down to restructure,\u201d requiring persistence and determination to avoid falling into a state of half-hearted transition.<\/span><\/p>\n

LAYING THE FOUNDATION FOR A NEW DEVELOPMENT STAGE<\/span><\/h3>\n

One of Becamex\u2019s most notable initiatives is its plan to offer 300 million shares through auction on the Ho Chi Minh City Stock Exchange (HOSE) at a starting price of VND 69,600 per share, with the goal of raising its charter capital from VND 10,350 billion to VND 13,350 billion. If successful, the company is expected to raise at least VND 20,880 billion.<\/span><\/p>\n

The capital raised will be allocated into two main groups: expanding industrial zones such as Cay Truong and Bau Bang, and contributing capital to VSIP projects; nearly VND 4,300 billion will also be used for debt repayment.<\/span><\/p>\n

However, due to fluctuations in the economy and the stock market, the initial public offering could not be fully implemented. The management decided to divide it into two phases:<\/span><\/p>\n