ge renewable energy strengthens position in south central vietnam with another project

GE Renewable Energy strengthens position in South Central Vietnam with another project

GE Renewable Energy announced that it has secured a 27.2MW contract to supply eight units of GE’s 3MW-137 wind turbines to support the construction of the Phuoc Minh Wind Farm, located in Ninh Thuan, in the South Central region of Vietnam. A consortium of PowerChina Huadong Engineering Corporation, Henste Engineering, and IPC Group will provide full engineering, procurement, and construction services for the project.
regions states well placed to offer steel alternatives

Region’s states well-placed to offer steel alternatives

As tensions between Australia and China continue to simmer, and recent delayed customs clearances of coal imports from Australia are hurting China’s steel producers, profiting for other steel exporters from the situation.
moit reviews dumping measures on chinese colour coated steel

MoIT reviews dumping measures on Chinese colour-coated steel

The Ministry of Industry and Trade (MoIT) issued a decision to review the application of anti-dumping measures on some colour-coated steel products originating from China for the first time.
chinas fosun pharma to import 100 million biontech vaccine doses

China's Fosun Pharma to import 100 million BioNTech vaccine doses

A Chinese pharmaceutical company said Wednesday it had agreed to buy at least 100 million doses of the coronavirus vaccine from German company BioNTech, subject to Beijing approving its use.
us china tension accelerates nokia diversifying 5g production lines

US-China tension accelerates Nokia diversifying 5G production lines

Nokia has lately selected India as a new destination to manufacture 5G devices in an effort to diversify production lines under the impact of the US-China tension.
koreas emart to phase out of vietnam

Korea’s Emart to phase out of Vietnam

South Korea’s largest supermarket chain operator Emart Inc. is pulling out of Vietnam, its second major Asian market after China, in the face of regulatory hurdles.
container shortages causing price hikes and export struggles

Container shortages causing price hikes and export struggles

Despite the heavy storms sweeping through the central provinces recently, most of Vietnam’s exported agricultural products still saw bumper crops. However, exporters are facing difficulties transporting their products as there are not enough containers available. Meanwhile, the competition from China is gradually returning to the world, further magnifying the issue.
muong thanh luxury halong centre hotel and apartment complex opens doors to guests

Muong Thanh Luxury Halong Centre hotel and apartment complex opens doors to guests

Muong Thanh Luxury Halong Centre Hotel, a luxury resort service complex located in the heart of Halong Bay has been put into operation. This is the fifth hotel of Muong Thanh Group in Quang Ninh and also the 57th hotel owned by "the largest private hotel chain in Indochina".
two key appeals pulling industrial relocation out of china into vietnam

Two key appeals pulling industrial relocation out of China into Vietnam

The benefits of recent trade agreements, low labour costs, and highly appealing incentives are amplifying the nation's appeal and encouraging manufacturers hit by US tariffs to relocate out of China. Local developers are planning more industrial parks to capture this increasing foreign investment and ramp up Vietnam's appeal.
cross border dealmaking bridging expectations

Cross-border dealmaking bridging expectations

Asia-Pacific and the continent as a whole has been and continues to attract a lot of foreign investment, having cemented its position as the region with the highest growth rates in the world, drawing in foreign investors and private equity funds by the droves.
intl media some apple production to be shifted to vietnam

Int’l media: Some Apple production to be shifted to Vietnam

The world’s largest electronic component and computer manufacturer Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, Reuters quoted a person with knowledge of the plan as saying.
pm attends opening ceremony of 17th caexpo cabis

PM attends opening ceremony of 17th CAEXPO, CABIS

Prime Minister Nguyen Xuan Phuc on November 27 attended the opening ceremony of the 17th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) in Nanning city of China via a video conference.
vietnam attends 17th china asean expo

Vietnam attends 17th China – ASEAN Expo

The 17th China – ASEAN Expo (CAEXPO) opened in Nanning of China’s Guangxi province on November 27, with leaders of ASEAN member states, including Prime Minister Nguyen Xuan Phuc, delivering speeches in the form of pre-recorded videos at the ceremony.
seizmic shifts in vietnamese real estate market

Seizmic shifts in Vietnamese real estate market

The third session of Vietnam M&A Forum 2020 gathered experts and key leaders from Vietnam's leading real estate developers. Moderated by Michael Piro, COO, Indochina Capital, the session's participants shared their thoughts on market prospects and what needs to be improved to realise the market's potential.
hisense enters vietnamese electronics market

Hisense enters Vietnamese electronics market

Chinese electronics giant Hisense has officially set foot in Vietnam, joining a landscape already stiff with competition.