siemens to invest over 11 billion in germany

Siemens to invest over $1.1 billion in Germany

On July 13, in the presence of German Chancellor Olaf Scholz, technology powerhouse Siemens announced the establishment of its new Technology Campus in Erlangen, Germany, with an investment of around $560 million for the expansion of its development and manufacturing capacities.
ziehl abegg expands footprint with new production facility in vietnam

Ziehl-Abegg expands footprint with new production facility in Vietnam

Ziehl-Abegg, a manufacturer of electric motors, air conditioning equipment, and fans that is headquartered in Germany, has just unveiled its strategic plans to establish a new production facility in Vietnam, a move aimed at expanding its global footprint.
dong nai licenses two foreign invested projects worth 30 million

Dong Nai licenses two foreign-invested projects, worth $30 million

The committee's vice chairwoman Nguyen Thi Hoang praised the two large-scale projects, saying that they would play an important role in speeding up local economic development.
german investors optimistic about vietnams outlook

German investors optimistic about Vietnam's outlook

German businesses are expressing more confidence in their development and have increasingly positive expectations for economic growth in Vietnam.
vietnam emerging as southeast asias new tourist hot spot

Vietnam emerging as Southeast Asia's new tourist hot spot

Germany's website dw.com has published an article describing Vietnam as one of the most popular destinations in Southeast Asia for its diverse landscapes, beaches, mountainous rice terraces and bustling cities.
vietnams thai hung and germanys roding mobility ink ev development deal

Vietnam’s Thai Hung and Germany’s Roding Mobility ink EV development deal

Homegrown firm Thai Binh Hung Thinh JSC (Thai Hung) has partnered with Germany's Roding Mobility to boost research, development, and production of compact EVs in the country.
bmw to produce plug in hybrid car in safrica

BMW to produce plug-in hybrid car in S.Africa

German automaker BMW said Thursday it will inject millions into its South African plant, making it the second in the world to produce and export its X3 plug-in hybrid model.
arsenal sign havertz from chelsea on long term contract

Arsenal sign Havertz from Chelsea on 'long-term contract'

Arsenal on Wednesday signed German attacking midfielder Kai Havertz from Chelsea on a "long-term contract".
europe wide raids as german property giant probed

Europe-wide raids as German property giant probed

Authorities on Wednesday raided properties in seven European countries as part of an investigation into alleged accounting fraud at German real estate giant Adler, the company and prosecutors said.
powering vietnams green growth with new power plan

Powering Vietnam’s green growth with new power plan

Vietnam’s recently approved energy policy serves as a pivotal element in its journey towards achieving net-zero emissions by 2050, with the power sector shouldering the responsibility of eliminating approximately two-thirds of the country’s total greenhouse gas emissions. Philipp Munzinger, director of the German Development’s Agency’s Energy Support Programme, gave his viewpoints on the plan and suggestions to help Vietnam realise its ambitions.
germany france and italy agree raw materials cooperation

Germany, France and Italy agree raw materials cooperation

Germany, France and Italy said Monday they would cooperate more closely on the procurement of raw materials as Europe seeks to reduce its reliance on imports from countries such as China.
vietnams biomass potential

Vietnam's biomass potential

Le Thi Thoa, team leader of the Climate Protection through the Sustainable Bioenergy Markets in Vietnam (BEM) Project, overseen by the German Development Agency (GIZ), spoke with VIR's Hai Van on some important issues.
women football vietnam present good show at friendly with germany

Women football: Vietnam present good show at friendly with Germany

Despite a close loss 1-2 to Germany in Offenbach Stadium near Frankfurt on June 24, the Vietnamese women's football team presented a good show at the friendly match.
seminar bridges germany danang investment cooperation

Seminar bridges Germany-Danang investment cooperation

Until now, the central coastal city of Danang has only enticed 11 investment projects from Germany with the total capital surpassing $10 million, leaving ample space for mutual investment cooperation in the future.
viessmann inaugurates the first factory in vietnam

Viessmann inaugurates the first factory in Vietnam

Viessmann, a German-based climate solutions provider, has opened its facility in Vietnam with the aim of supplying and developing products for the Southeast Asian region, while also promoting a sustainable economy.