vietnam to invest 1125 billion in oil and gas infrastructure by 2030

Vietnam to invest $11.25 billion in oil and gas infrastructure by 2030

Vietnam plans to allocate approximately $11.25 billion, mainly from non-state sources, towards the development of its oil and gas supply and storage infrastructure by 2030, aiming to ensure national reserves can sustain up to 90 days of net imports.
msd placing further investment in vietnam to make a difference

MSD placing further investment in Vietnam to make a difference

MSD Vietnam this month inaugurated a new office in Hanoi and expanded a storage warehouse in Cat Lai Industrial Zone in Ho Chi Minh City. VIR’s Hoang Anh talked to managing director Jennifer Cox on the forward-looking strategy of the company.
two chinese energy storage manufacturers consider investments in vietnam

Two Chinese energy storage manufacturers consider investments in Vietnam

Two Chinese companies, Xiamen Hithium Energy Storage Technology and Growatt New Energy, are contemplating significant investments worth hundreds of millions of dollars in Vietnam's renewable energy industry. The news comes as the country's economy flourishes and electricity shortages persist.
chinas xiamen hithium energy storage technology to invest in hai duong

China’s Xiamen Hithium Energy Storage Technology to invest in Hai Duong

Hai Duong province has proactively welcomed Xiamen Hithium Energy Storage Technology, a prominent Chinese high-tech business specialising in lithium-ion battery materials and energy storage systems, highlighting its dedication to attracting high-tech investments and fostering a favourable business environment.
ami ac renewables and honeywell to pilot battery energy storage scheme

AMI AC Renewables and Honeywell to pilot battery energy storage scheme

AMI AC Renewables, through its subsidiary, AMI Khanh Hoa, has signed an MoU with Honeywell to collaborate on a battery energy storage pilot scheme in Khanh Hoa, Vietnam.
cold chain sector to see increasing demand

Cold chain sector to see increasing demand

The cold chain market in Vietnam has recorded active participation and expansion of both local and foreign investors. By 2026, the total designed capacity of cold storage in Vietnam is predicted to hit over 1.7 million pallets, with 23 projects scheduled to be completed from 2023 to 2026.
mystorage expands to cater to vietnams rising storage demand

MyStorage expands to cater to Vietnam's rising storage demand

MyStorage, the first professional mini storage company in Ho Chi Minh City, is looking to expand its offerings amidst rising competition.
investors eager to boost cold storage

Investors eager to boost cold storage

The demand for cold storage is increasing thanks to the growth of agriculture and seafood, which is boosting investment trends in the market.
tungsten battery lets businesses grab billion dollar market share

Tungsten battery lets businesses grab billion-dollar market share

The tungsten-based battery is a breakthrough solution in the use and storage of clean energy, aiding in reducing emissions and creating a greener and cleaner world. It is also helping Masan High-Tech Materials (MHT) and Nyobolt gain a billion-dollar market share in the global battery market.
competition heats up for holiday shopping storage

Competition heats up for holiday shopping storage

The shortage of professional warehouse systems in big cities like Hanoi and Ho Chi Minh is leading to stiff competition between e-commerce platforms in the coming festive season.
accvs first battery storage project with motul in vietnam

ACCV’s first battery storage project with Motul in Vietnam

Solar rooftop developer Asia Clean Capital Vietnam last month has announced that it has signed a 20-year power purchase agreement (PPA) with Vilube, a subsidiary of Motul group, for its production base in Ho Chi Minh City.
vietnams smooth transition to net zero by 2050

Vietnam's smooth transition to net zero by 2050

Wärtsilä has revealed that renewable-based power systems, backed by grid balancing engines and energy storage, can enable Vietnam to reach net zero by mid-century whilst cutting the levelled cost of electricity (LCOE) by 20 per cent when taking into account future carbon taxes.
itl expands ecosystem to enhance national coverage

ITL expands ecosystem to enhance national coverage

Indo-Trans Logistics Corporation, known as ITL, has actively ramped up its operations by building a new logistics centre in Danang, acquiring ITL Keppel Logistics Vietnam, and accelerating its plan to lead the cold storage market with over 50,000 pallets by next year.
asean committee in cuba extends condolences over oil facility explosion

ASEAN Committee in Cuba extends condolences over oil facility explosion

The ASEAN Committee in Cuba (AHC) has offered condolences to the Cuban government and people over the human and assess losses caused by a massive blaze at an oil storage facility which started in Matanzas province on August 5.
andros opens cold storage facility in tien giang

Andros opens cold storage facility in Tien Giang

French fruit transformation company Andros, better known for its famous jam Bonne Maman, has opened its biggest cold storage facility in Vietnam in Go Cong town, Tien Giang province.