japanese sojitz planet forms 32 million venture with rang dong plastics

Japanese Sojitz Planet forms $32-million venture with Rang Dong Plastics

Japan’s Sojitz Planet Corporation formed a strategic partnership with Rang Dong Plastics JSC today to set up a new venture called Rang Dong Long An.
bmp closes on abolishing foreign ownership limit

BMP closes on abolishing foreign ownership limit

Binh Minh Plastics JSC (ticker BMP on HoSE) has been continuously adding necessary information to complete its documents so as to remove its foreign ownership limit (FOL), so the day when 100 per cent stakes of the company becomes available to foreign investors is coming.
hcm city boosts cooperation with japanese prefecture

HCM City boosts cooperation with Japanese prefecture

Ho Chi Minh City is willing to create all favourable conditions for Japanese investors, including those from Kanagawa prefecture, to operate effectively in the city, especially in the fields of mechanics, information technology and plastics.
formosas 105 billion ha tinh steel complex meets requirement to start blast furnace

Formosa’s $10.5 billion Ha Tinh steel complex meets requirement to start blast furnace

The working group from the Ministry of Natural Resources and Environment complemented by a body of other scientists have concluded that Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. (HFS), a subsidiary of Taiwanese Formosa Plastics Corp. meets the requirements for the first blast furnace to start operation.
reed tradex a manufacturing liaison

Reed Tradex: A manufacturing liaison

The Vietnam Manufacturing Expo 2017 – an international exhibition catering to mould and die making and injection technologies for plastics manufacturing – is slated to take place from April 26-28 in Hanoi.
fierce competition for plastics sector

Fierce competition for plastics sector

Plastic firms in Việt Nam face fierce competition and risk being acquired by foreign companies, experts said Wednesday at a conference in HCM City.
binh minh plastics to lift foreign holding cap by year end

Binh Minh Plastics to lift foreign holding cap by year-end

Binh Minh Plastics Company (BMP) is working with a consulting firm to lift its foreign investment cap to 100 per cent before the year-end, HCM City Securities Corporation reported.
another page in formosas big book of environmental violations

Another page in Formosa’s BIG book of environmental violations

Vietnam-based $10.5 billion steel and port complex of Taiwan’s Formosa Plastics Group, namely Hung Nghiep Formosa Ha Tinh Steel Co., Ltd.(HFS), is again exploding the media with its newest scandal in environmental violations.
businesses learn lessons from formosa scandal

Businesses learn lessons from Formosa scandal

The biggest environmental scandal ever in Vietnam by Taiwan’s Formosa Plastics Corporation has caused foreign firms doing business here to be more concerned with regards to environmental protection issues.
vietnam to ask formosa to change technology in wake of fish death scandal

Vietnam to ask Formosa to change technology in wake of fish death scandal

Taiwan’s Formosa Plastics Group must replace the current technology at its Vietnamese steel making plant, which was responsible for killing dozens of metric tons of fish, Vietnam’s science ministry said on Tuesday.
formosa fined for fish deaths

Formosa fined for fish deaths

The culprit of the biggest environmental scandal in Vietnam, Taiwan’s Formosa Plastics Corp, which operates a $10.5 billion steel and port complex in the central province of Ha Tinh’s Vung Ang Economic Zone, has to pay $500 million for its violations but will not face criminal charges.
local plastics firms hope to edge out market rivals

Local plastics firms hope to edge out market rivals

Vietnamese plastics firms have upped their game in the face of foreign competition.
vietnamese steel unit of taiwans formosa under scrutiny

Vietnamese steel unit of Taiwan’s Formosa under scrutiny

The steel unit of Taiwan's Formosa Plastics Group in the north-central Vietnamese province of Ha Tinh has been placed under close scrutiny from anti-transfer pricing and tax evasion agencies, following a number of repeated tax violations.
vietnams plastics industry becomes the aiming point of foreign investors

Vietnam’s plastics industry becomes the ‘aiming point’ of foreign investors

Plastics manufacturers complain that the current laws make it easier for foreign conglomerates to swallow domestic companies.
thai firms investing in vietnam plastics

Thai firms investing in Vietnam plastics

Thai investors are increasingly investing in Viet Nam's plastic industry, with many of them keen to fully acquire the Government's stakes in companies it plans to equitise.