sumitomo plant delayed by contract hitch

Sumitomo plant delayed by contract hitch

Tokyo-headquartered Sumitomo Corporation, which four years ago announced plans to build a giant power plant in Vietnam, will still wait for more time to finalise the build-operate-transfer contract to push its project forward.
bao viet inks sumitomo as new partner

Bao Viet inks Sumitomo as new partner

Sumitomo Life replaced HSBC as the new strategic partner of Bao Viet Holdings last week, a change that some observers say could lead Bao Viet to new success.
sumitomo pays 340m to buy hsbcs shareholding in bao viet

Sumitomo pays $340m to buy HSBC’s shareholding in Bao Viet

HSBC Insurance Asia-Pacific Holdings Limited, an indirect wholly-owned subsidiary of HSBC, announced that it had entered into an agreement to sell its entire 18 per cent shareholding in Bao Viet Holdings to Sumitomo Life Insurance Company.
sumitomo osaka cement inaugurates new plant in vietnam

Sumitomo Osaka Cement inaugurates new plant in Vietnam

Today Sumitomo Osaka Cement officially inaugurated its first plant in Vietnam with the total investment of $62.5 million.
japanese firm established steel manufacturing joint venture

Japanese firm established steel manufacturing joint venture

Four Japanese firms including Nippon Steel & Sumikin Metal Products, Sumitomo Corporation, Sumisho Tekko Hanbai and Kyoei Steel yesterday announced to join a steel manufacturing joint venture with Vietnam’s Bac Viet Steel Joint Stock Company.
japanese bank funds hydropower plant project in dak lak

Japanese bank funds hydropower plant project in Dak Lak

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) will provide a $64.2 million credit to fund the Srepok 4A hydropower plant project in Dak Lak province.
sumitomo sets up steel production joint venture in vietnam

Sumitomo sets up steel production joint venture in Vietnam

japan banks finance highway project in vietnam

Japan banks finance highway project in Vietnam

A credit agreement for the Hanoi-Hai Phong Highway project was signed on February 22 in Tokyo between the Vietnam Development Bank (VDB) and Sumitomo Mitsui Bank Corporation (SMBC) and Citibank of Japan.
door to open for more industrial park options in the northern economic engine

Door to open for more industrial park options in the northern economic engine

Japan’s Sumitomo Corporation will expand Thang Long Industrial Park II for foreign investors seeking a place to drop anchor in Vietnam.
smbc muscles up its local market stance

SMBC muscles up its local market stance

Sumitomo Mitsui Banking Corporation’s (SMBC) branches have become the largest foreign bank branches in Vietnam in terms of charter capital, which was just raised to $335 million for the Hanoi branch and $165 million for the Ho Chi Minh City branch, from an original $15 million each. Masaya Hirayama, general manager of the Japanese bank in Vietnam talks with VIR about the branches’ capital increases.