South Korea’s Hyundai Motor and LG Chem are considering establishing an electric vehicle (EV) battery cell manufacturing joint venture in Indonesia. The news comes as global automakers move to secure electric vehicle batteries in anticipation of a rise in EV sales due to government subsidies and quotas worldwide seeking to cut carbon emissions. In recent […]
Read MoreJapanese gas utility Osaka Gas Co. is entering the industrial gas market in Vietnam to cash in on growing local demand as it seeks mid- to long-term growth overseas. Osaka Gas Liquid Co., its wholly owned industrial gas subsidiary, acquired for an undisclosed sum on Friday about a 25 percent stake in Singapore’s SQC Investment […]
Read MoreVietnam has approved its biggest commercial project this year, as the government seeks to maintain a record pace of public and private investment since January to help the economy emerge from the coronavirus pandemic. Prime Minister Nguyen Xuan Phuc signed off on a $9.3 billion tourist resort led by Vingroup, Vietnam’s largest private conglomerate, during the past week. Foreign backers […]
Read MoreOn June 17th, 2020, Vice Chairman of the People’s Committee of Thua Thien Hue province Nguyen Van Phuong discussed with Chan May Port Joint Stock Company and SSA Marine International (USA) about exploiting container and cruise ships in Chan May port. Leader representatives of relevant departments, agencies, the People’s Committee of Phu Loc district and […]
Read MoreBarett Food and Beverage Factory is a project invested by Hai Long Hung Yen Joint Stock Company, which is located in Xuan Dao hamlet, Xuan Duc commune, My Hao district, Hung Yen province. This is a pioneering factory applying 4.0 technology, which is operated based on Braumat system with a Manufacturing Operation Management to optimize […]
Read MoreJapanese printing service provider Raksul Inc. has set up a technological development base in Vietnam to recruit engineers amid a shortage of human resources in Japan. Raksul established Raksul Vietnam Co., a wholly owned subsidiary, in Ho Chi Minh City earlier this month with capital of $300,000. The local arm will work on online printing […]
Read MoreA group of investors including U.S. investment fund KKR & Co. Inc. and Singapore government-backed Temasek Holdings Pte. Ltd. has collectively invested 15.1 trillion dong ($650 million) in a real estate arm of Vietnam’s largest conglomerate, Vingroup to acquire a 6 percent stake in Vingroup’s Vinhomes. Vingroup said in a statement on Tuesday that through the […]
Read MoreGaw NP Industrial, the latest development in Vietnam funded by global real estate private equity firm Gaw Capital Partners, is actively pushing its investment process in order to be operational in the first quarter of 2021. Talking to VIR, Vo Sy Nhan, co-founder and managing director of Gaw NP Industrial, said that after more than […]
Read MoreThe Danish Energy Agency (DEA) from Denmark and the Vietnamese Electricity and Renewable Energy Authority have recently organized a webinar seeking ways to help Vietnam optimise its estimated 160GW offshore wind power energy. Speaking at the event, DEA deputy director general Martin Hansen said that the organization of the high-level offshore wind event is a […]
Read MoreThe recent green light for Ho Chi Minh City People’s Committee to set up an innovative hub in the east would make the so-called Vietnam Silicon Valley come to life and attract further investment into the city’s real estate market. The proposed innovative city is expected to combine research and development centres, human resources training, […]
Read More
