RATCH Group, through its wholly-owned subsidiary RH International (Singapore), signed a partnership with joint stock firm, Geleximco Group, with the aim of investing in Vietnam’s An Binh Energy and Infrastructure Fund (ABEIF). Under the agreement, RH International will acquire a 49 per cent stake in ABEIF, which is valued at US$78.5 million (about Bt2.5 billion), […]
Read MoreEXIM Thailand is collaborating with ICBC (Thai) and ICBC Hanoi to provide a US$38.39-million (Bt1.2-billion) financial facility to Super Energy Corporation Plc for investing in a 50-megawatt solar power plant in Vietnam’s Phu Yen province. Pisit Serewiwattana, president of Export-Import Bank of Thailand (EXIM), along with Shiqiang Lin, chief executive officer of Industrial and Commercial […]
Read MoreChinese electronics maker Universal Scientific Industrial (USI Shanghai) Co. will invest $200 million to build a factory in the northern Vietnamese port city of Hai Phong to manufacture products for export. Universal Scientific Industrial Vietnam Co., a wholly owned subsidiary of a Hong Kong unit of the Chinese maker, has gained a license from local […]
Read MoreSouth Korea’s Hana Micron Inc. will activate its second plant in Vietnam next month to bump up annual capacity in fingerprinting sensor packages to 210 million units to meet demand in biometrics applications. The second plant inauguration was delayed due to the COVID-19 pandemic but the company’s plan to boost its local capacity by 3 […]
Read MoreA submarine power cable project to supply electricity for Nhon Chau island commune, Quy Nhon city, the south central province of Binh Dinh, which is partly financed by the European Union (EU), is expected to be completed on August 8. A submarine power cable project to supply electricity for Nhon Chau island commune, Quy Nhon city, the south […]
Read MoreMore and more Canadian businesses are eager to explore investment opportunities in the Mekong Delta city of Can Tho, especially in the spheres of hi-tech agriculture and waste treatment, said Canadian Consul General to Ho Chi Minh City Kyle Nanas. More and more Canadian businesses are eager to explore investment opportunities in the Mekong Delta city of Can Tho, […]
Read MoreThe main industries of the industrial cluster in Hung Yen are producing and processing footwear and apparel; production and mechanical processing; processing agricultural and forestry products. The investor of technical infrastructure construction is Ho Chi Minh Museum Construction Joint Stock Company, with a total project investment of about VND 915 billion. The People’s Committee of […]
Read MoreDanish energy services company Vestas has secured a contract from AMI AC Renewables to supply 101 MW of wind turbines. The turbines will operate at the B&T Wind Farm, in the Quang Binh province of Vietnam. Under the contract, Vestas will supply, install, and commission 24 V150-4.2MW wind turbines for the project’s second phase. AMI […]
Read MoreChan May LNG, a U.S.-Vietnamese joint venture, plans to invest up to $6 billion in a power project in Vietnam as it seeks to cash in on the Southeast Asian country’s rising demand for electricity, its chief executive officer said on Wednesday. Vietnam faces the risk of severe power shortages from 2021 as demand outpaces […]
Read MoreThe Italian Chamber of Commerce in Vietnam and the Vietnam-Korea Business and Investment Association recently signed a memorandum of understanding to boost business connectivity between Vietnam, the Republic of Korea and Italy. The signed MoU enables Vietnamese, Korean, and Italian businesses around the world to connect each other in order to enhance their partnership, seek […]
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