cme solar and sumitomo forestry sign agreement to promote rooftop solar

CME Solar and Sumitomo Forestry sign agreement to promote rooftop solar

CME Solar JSC, the leading renewable energy company in Vietnam, on June 13, signed a joint venture agreement with Sumitomo Forestry Corporation (Japan) to expand and develop the rooftop solar market to promote the application of clean energy solutions across Vietnam.
van phong 1 up and running sooner than expectated

Van Phong 1 up and running sooner than expectated

The Van Phong 1 thermal power plant, thanks to a $2.58 billion investment from Sumitomo Corporation, will start operation of its first turbine at full capacity in August, sooner than expected., with a second turbine set to be up and running by the end of the year.
vpbank provides effective support for fies

VPBank provides effective support for FIEs

In a fresh move, the innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam through a cooperative deal with its strategic partner, Sumitomo Mitsui Banking Corporation (SMBC), to develop and supply an inclusive suite of solutions to support foreign-invested enterprises (FIEs) landing ventures in Vietnam.
sumitomo forestry partners with kim oanh group

Sumitomo Forestry partners with Kim Oanh Group

Sumitomo Forestry Group and Kim Oanh Group signed a strategic cooperation agreement in early April to establish KS Sustainable Development JSC, for the development of large-scale real estate projects.
japanese financial behemoths extend se asia reach

Japanese financial behemoths extend SE Asia reach

Three Japanese megabanks are doubling down on their emphasis on Vietnam’s finance and banking sector to experience rapid economic growth and leverage their investment portfolios across wider Southeast Asia.
vpbank announces smbc as foreign strategic investor

VPBank announces SMBC as foreign strategic investor

VPBank announced today that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG), to issue a 15 per cent equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.
smbc divests from eximbank after 15 years

SMBC divests from Eximbank after 15 years

Sumitomo Mitsui Banking Corporation (SMBC) has divested from Vietnam Export Import Commercial Joint Stock Bank (Eximbank) after 15 years of strategic alliance.
258 billion van phong thermal power plant to start operation next year

$2.58 billion Van Phong thermal power plant to start operation next year

The thermal power plant project is invested by Van Phong Power Company, a wholly-owned subsidiary of Japan-based Sumitomo Corporation.
smbc spends over 9 million to scoop up smartnet shares

SMBC spends over $9 million to scoop up SmartNet shares

Sumitomo Mitsui Banking Corporation (SMBC) has inked a deal to form a capital alliance with Smart Net Trading Service JSC (SmartNet) with the purchase of shares valued at $9.36 million.
smbc scoops up smartnet shares for over 9 million

SMBC scoops up SmartNet shares for over $9 million

Sumitomo Mitsui Banking Corporation has inked a deal to form a capital alliance with Smart Net Trading Service JSC with the purchase of shares valued at $9.36 million.
lien chieu port receiving attention from investors

Lien Chieu Port receiving attention from investors

Many joint ventures between domestic, Indian, and Japanese investors have been proposed to develop the Lien Chieu Port project, one of the three deep-water seaports in Vietnam.
danang becoming focal point in central vietnam investment

Danang becoming focal point in Central Vietnam investment

Envisioned to carve itself out a spot among the top development hubs in Vietnam and Southeast Asia, Danang is steadily progressing towards becoming an ideal investment venue.
fujimart retail chain takes next step to local domination

FujiMart retail chain takes next step to local domination

A joint venture agreement between BRG Group and Sumitomo Corporation of Japan was signed last week to expand the FujiMart supermarket chain in Vietnam.
brg group and japanese partner expand fujimart supermarket chain

BRG Group and Japanese partner expand FujiMart supermarket chain

BRG Group yesterday signed a joint venture agreement with Sumitomo Corporation of Japan to expand the FujiMart supermarket chain in Vietnam.
smbc terminates strategic alliance with eximbank

SMBC terminates strategic alliance with Eximbank

The Japanese financial giant Sumitomo Mitsui Banking Corporation (SMBC) announced its exit from Vietnam's privately-held lender Eximbank on March 18.