hyosung group gets nod for 12 billion complex in vietnam

Hyosung Group gets nod for $1.2 billion complex in Vietnam

Calling Vietnam a strategic base for its global expansion, South Korea’s Hyosung Group has solidified its presence in the country after it received the investment certificate to build the $1.2 billion complex in the southern province of Ba Ria-Vung Tau yesterday.
'> vietnam in the forefront of parkson retail asias lossesbr

'> Vietnam in the forefront of Parkson Retail Asia's losses

Parkson Retail Asia’s Vietnamese operations continue reporting losses, as it recorded negative sales performance for the fourth quarter and the full year ending on June 30, 2018.
bgrim acquires phu yen solar power project for 352 millionbr

B.Grim acquires Phu Yen solar power project for $35.2 million

B. Grimm Power Plc. has completed the $35.2 million acquisition of solar photovoltaic power project in Vietnam as part of the expansion of its portfolio of overseas renewable power projects.
vietnamese expats bring industry 40 talent home

Vietnamese expats bring Industry 4.0 talent home

As part of an ambitious plan to unlock the nation’s technological potential and take advantage of the Fourth Industrial Revolution, Vietnam is calling on Vietnamese talent living abroad to come home and help the country gain an edge. Huong Thu reports.
3rd renewable energy week starts tomorrow

3rd Renewable Energy Week starts tomorrow

The 3rd Annual Renewable Energy Week on August 21-26, 2018 will focus on discussing how to remove barriers facing renewable energy, making it feasible in Vietnam.
murrplastik shows off innovation at vietnam manufacturing expo

Murrplastik shows off innovation at Vietnam Manufacturing Expo

With his company being one of the pioneers in the fields of professional cable management and high-tech plastics, operating since 1963 and owning over 200 patents, Gerd Nothdurft, CEO of German Murrplastik Systemtechnik GmbH, talked with VIR‘s Phuong Thu about his company’s ambitions and offerings for the Vietnamese market.
renewables lag behind the potential

Renewables lag behind the potential

The low feed-in tariff for wind power is causing a collective delay in wind power projects all across the country, as investors are waiting for prices to increase so their plants can become profitable. Some are now turning to developing solar power projects instead, but it remains unclear whether the country will be able to fulfil its potential.
smart factory focus felt at manufacturing expo

Smart factory focus felt at Manufacturing Expo

Vietnam’s leading exhibition on machinery and technology for manufacturing and supporting industries, Vietnam Manufacturing Expo 2018, was kicked off last week with the aim of presenting technologies, solutions, and practical experience for smart factories to support Vietnamese manufacturers in overcoming the early challenges of Industry 4.0.
government steps boost ma deals

Government steps boost M&A deals

The Vietnamese mergers and acquisitions market is expected to be given a big push by the government’s strategic plans, as the country seeks capital flows from both Vietnam and abroad.
lng market fired up despite obstacles

LNG market fired up despite obstacles

Despite the lack of infrastructure and local gas resources, competition is heating up in the gas-to-power sector, with a number of billion-dollar liquefied natural gas-fired power plants currently in the planning and investment stages and foreign investors, such as Dallas-based Energy Capital Vietnam, expressing commitment to the Vietnamese energy security strategy.
gas to power projects attract global energy giants

Gas-to-power projects attract global energy giants

Giant corporations from the US, Switzerland and France are rushing into Vietnam to invest in promising liquefied natural gas-to-power projects, raising the question whether Vietnam’s gas sources and infrastructure will be up to the task of meeting the demand.
procedures get cut to boost trade

Procedures get cut to boost trade

In an effort to improve the business environment, the Vietnamese government is accelerating the implementation of the National Single Window and the ASEAN Single Window to boost trade within ASEAN.
human resources a vital element for industry 40

Human resources a vital element for Industry 4.0

For Vietnam not to lag behind its regional peers in terms of adapting to Industry 4.0, foreign and local firms have suggested that the government should put a heavy focus on human resources and implement a new regulatory framework, create improved infrastructure, and build a national innovation system to enable the country to benefit from the digital revolution.
vietnam power plant will drive jaks profit growth

Vietnam power plant will drive Jaks profit growth

Malaysia-based Jaks Resources Bhd bets on its power plant in Vietnam to drive the company’s profit growth as its property business continues to drag behind.
abb is set to show off its cutting edge portfolio

ABB is set to show off its cutting-edge portfolio

ABB will demonstrate its latest technologies at a high-level forum and international exhibition as part of the Vietnam Industry 4.0 Summit 2018 to contribute to shaping smart industry and smart cities in the country.