Vietnam and Japan would discuss the reopening of commercial flights between the two countries. Half of Japanese enterprises that are set to receive subsidies from its government to diversify supply chains have chosen Vietnam, according to Japan’s Prime Minister Abe Shinzo. Prime Minister Nguyen Xuan Phuc in a phone talk with his Japanese counterpart Abe […]
Read MoreWood and wooden product exports hit 1.05 billion USD in July, bringing the figure to 6.09 billion USD in the first seven months of this year, a year-on-year rise of 6.2 percent, the Ministry of Agriculture and Rural Development (MARD) has revealed. Wood and wooden product exports hit 1.05 billion USD in July, bringing the […]
Read MoreLotte Chemical has taken over a Vietnam high-tech material company to attain its vision of becoming the seventh-largest chemical industry in the world. The company is diversifying its overseas business portfolio, ranging from basic materials to high-tech materials. Lotte Chemical acquired Vina Polytech in April. Vina Polytech produces materials for home appliances and mobile products. […]
Read MorePick Smart India’s ambitious solar targets of 100 GW by 2022, and 450 GW by 2030, are largely built around massive ramp ups in large scale deployments, or ‘utility scale’ solar. These comprise designated solar parks, even ultra large parks, and other hundred MW plus installations that will feed into the grid directly. But the […]
Read MoreThe project will avoid 113,520 tons of CO2 emissions in the atmosphere and will generate electricity, sufficient to cover 25% of NWIT’s current manufacturing operations Hexagon Peak, the project development arm of Hexagon Holdings Singapore, announced today, the company has entered into a long term Power Purchase Agreement with New Wing Interconnect Technology (NWIT), a […]
Read MoreThe law amending and supplementing a number of articles of the Construction Law passed at the 9th session, the 14th National Assembly, is expected to remove difficulties and obstacles for enterprises in construction investment activities. Overcoming many limitations and shortcomings According to the Ministry of Construction, the Law amends and supplements a number of articles […]
Read MoreA World Bank report projects Vietnam’s GDP to grow at 2.8 percent this year, making it the world’s fifth fastest growing economy. It estimated a second half growth of 3.5 percent that would bring the year’s GDP growth to 2.8 percent, the fifth fastest-growing economies in the world this year “behind a small group of […]
Read MoreLeading Vietnamese steel manufacturer Hoa Phat Group JSC sold 300,000 tonnes of construction steel last month, up 19 per cent from June and 27.5 per cent year-on-year. It said it exported 53,500 tonnes of steel last month, double the volume in the same period last year. Sales in the southern region rose two-fold year-on-year to […]
Read MoreThailand ’s major energy producer, Banpu Public Co. will spend about $66 million to buy an operating wind farm in Vietnam. The acquisition of the El Wind Mui Dinh Wind Farm will help strengthen Banpu’s long-term presence in Vietnam where the integrated energy solutions company has started developing the Soc Trang wind project, it said […]
Read MoreThe capital flows from Europe are expected to move into Vietnam more when the EU-Vietnam Free Trade Agreement (EVFTA) takes effect from August 1. However, to attract capital from this area, it requires the Government to improve the investment environment further. When EVFTA was about 10 days to become effective, the Copenhagen Infrastructure Partners (CIP) […]
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