A solar power plant with a design capacity of 30MWp was inaugurated in Ninh Phuoc district, the south central province of Ninh Thuan on June 16, in the presence of Standing Vice Chairwoman of the National Assembly Tong Thi Phong. Covering an area of over 32ha in Phuoc Huu commune, the plant was built by […]
Read MoreYoshino Gypsum Vietnam Co.Ltd began construction of its gypsum plant in Phu My town, Ba Ria-Vung Tau province on June 13. Chairman and General Director of Yoshino Gypsum Vietnam Eisaku Sudo said that the gypsum plant in the southern province has solely been invested by JapaneseYoshino Gypsum company. The project has a total investment of […]
Read MoreThe Dung Quat Economic Zone (EZ) and Quang Ngai Industrial Parks (IPs) Authority has granted an approval in principle for Hoa Phat multipurpose port company to develop a large-scale port complex in the central province. The complex will cost more than 3.77 trillion VND (162.3 million USD) and will be divided into two phases, online […]
Read MoreAs Vietnam’s cities and provinces are ramping up efforts with new action plans to realise the smart city dream, international tech giants are moving faster with new ambitious business plans. Bich Thuy reports. After an hour-long motorbike ride to cover 10 kilometres from downtown Hanoi to the famous Hadong silk village, James, 35, from the […]
Read MoreA delegation of Malaysian automobile businesses recently came to Vietnam to look for investment opportunities. Preferential policies Luong Duc Toan, Deputy Head of the Processing and Manufacturing Office of the Ministry of Industry and Trade’s Industry Agency said Vietnam’s automobile industry has developed quite rapidly over the past two years. In 2018, Vietnam produced and […]
Read MoreThe Ministry of Transport is urging Airport Corporations of Vietnam (ACV) in collaboration with the consultant unit to complete the feasibility study on the first phase of Long Thanh International Airport and submit it to the prime minister and the State Appraisal Council in June so that the construction of the project can be kicked off […]
Read MoreThe German Machine Tool Builders’ Association (VDW) and the German Chamber of Commerce and Industry (GIC) recently held a seminar in Ho Chi Minh City to discuss Germany’s new inventions in machine tool manufacturing. Leading German machinery and tool manufacturers introduced their new products and technologies, including digital solutions, to Vietnamese firms. They expressed hope […]
Read MoreIn the age of Industry 4.0 and the digital transformation of manufacturing, the manufacturing industry is the market where most Industrial IoT (IIoT) projects are realized and by far the market where most IIoT investments are made. IoT is a core component of industrial transformation efforts across the globe, including Industry 4.0 (with its fourth industrial revolution) and the Industrial Internet (with the Industrial […]
Read MoreSouth Korea’s conglomerate SK Group has agreed to buy a 6.1% stake of Vietnam’s largest privately-run Vingroup for US$1 billion to become the latter’s strategic partner, local media reported. Following the agreement, SK Group registered to purchase Vingroup’s 154.3 million shares through private placement and others 51.4 million shares from its retail arm VinCommerce. SK […]
Read MoreThough Vietnam has made significant progress in creating a more business-friendly environment, experts have urged the government to further strive for removing impediments in legal regulations and administrative procedures that are inhibiting foreign direct investment (FDI) in the country. According to Nobufumi Miura, chairman of the Japan Business Association in Vietnam, the robust growth of […]
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