Siemens Gamesa has strengthened its presence in Vietnam after securing its fifth nearshore wind farm project, as the Vietnamese government quickly advances on its renewable energy goals. The latest deal surpasses the previous company record in scale for its fourth nearshore project (75MW), as the largest of its kind in Vietnam, adding a further 78MW […]
Read MoreThe company hopes to turn Vietnam in general and Van Phong in particular into an important LNG hub of Southeast Asia. Millennium Vietnam Company, a member of the US-based Millennium Petroleum Group, has shown interest in investing up to US$15 billion in a liquefied petroleum gas project in Nam Van Phong of the central coastal province […]
Read MoreThe move is expected to help the South Korean tech giant stay competitive. Samsung Electronics will end Chinese personal computer production as it looks to shift production to Vietnam to cut costs and remain competitive in the PC business, Nikkei Asian Review reported. The plant in the city of Suzhou will close as soon as this month […]
Read MoreThe tax reduction is a major effort to help companies overcome the negative impacts of the COVID-19 pandemic. Resolution 116/2020/QH14 granting a reduction of 30 per cent on corporate income tax (CIT) for eligible enterprises officially came into effect on Monday. The policy is a major effort to help companies overcome the negative impacts of […]
Read MoreJapan’s Showa Aluminum Can Corp. has completed the construction of its third Vietnamese plant near Ho Chi Minh City, aiming to make further inroads in the domestic beverage container market. The company began production at the factory in Ba Ria-Vung Tau Province in southern Vietnam on Wednesday, its parent company Showa Denko K.K. said in […]
Read MoreMajor home appliance maker LG Electronics Inc. is considering building a new research and development (R&D) centre in Vietnam, while simultaneously expanding its existing facility in Haiphong. This was announced by a representative of LG Electronics at a meeting between Vietnamese Prime Minister Nguyen Xuan Phuc and the Republic of Korea’s companies on July 29. Industry […]
Read MoreA special flight from Germany has brought 226 diplomats and businesspeople from 15 European countries, and all were quarantined on arrival for investment activities. The Bamboo Airways flight took off from Frankfurt and landed at Noi Bai International Airport in Hanoi on July 30 night, a press release from the Delegation of German Industry and […]
Read MoreIndustrial production index inched up 2.6 percent in the first seven months of 2020, the lowest level recorded in many years due to COVID-19, according to the General Statistics Office (GSO). The processing-manufacturing sector recorded a 4.2 percent growth; electricity production and distribution 2.1 percent; and water supply, waste and wastewater management and treatment 3.3 percent. […]
Read MoreConstruction technologies have changed little in the last 100 years, but new tools are driving measurable improvement in safety, productivity, quality and documentation. 1) Wearables Wearable wristbands, hard hats, belts clips and vests are unlocking the possibility of detecting and eliminating unsafe behaviors before they result in an injury. “These digital devices collect the data […]
Read MoreThe digital landscape is changing at an ever-increasing speed. The question for organisations is no longer if they are going to digitalise their workspace, but when and how are they going to keep up with Construction Technology and adapt with ever evolving technologies. In this article we take a look at ten crucial construction technology trends […]
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