tasco auto acquires sweden auto

Tasco Auto acquires Sweden Auto

On July 8, Tasco Auto announced the acquisition of 100 per cent of Sweden Auto Co., Ltd., the sole authorised importer and distributor of Volvo cars in Vietnam.
stockholm exchange fined 10 mn for insider trading lapses

Stockholm exchange fined $10 mn for insider trading lapses

Sweden's financial watchdog said Wednesday it had fined the Stockholm stock exchange close to $10 million for failing to detect and report suspected insider trading.
ericsson cuts 1200 jobs in sweden in challenging market

Ericsson cuts 1,200 jobs in Sweden in 'challenging' market

Swedish telecoms equipment giant Ericsson said Monday it was cutting 1,200 staff in Sweden, or 8.6 percent of its Swedish workforce, as it faces a "challenging" market for mobile networks.
swedes maintain their investment momentum

Swedes maintain their investment momentum

Swedish investment in Vietnam, although not outstanding, has been substantial in value and inclusive in sectors. In total, Sweden has 83 active projects worth up to $467.3 million. Currently, there are more than 60 Swedish companies present in Vietnam in various fields such as manufacturing, retail, mechanical engineering, IT, telecommunications, transportation infrastructure, electronics, household equipment, food processing industry equipment, and education and training.
european financial group seb eyes expansion in vietnam

European financial group SEB eyes expansion in Vietnam

SEB Group, a prominent European financial services group with a history dating back to 1856, has recently expressed significant interest in extending its business operations to the Vietnamese market.
trelleborg forms strategic cooperation with phu my 3 specialised ip

Trelleborg forms strategic cooperation with Phu My 3 Specialised IP

Trelleborg Group, a world leader in engineered polymer solutions from Sweden, signed a cooperation agreement with Phu My 3 Specialised Industrial Park in early September to lease a 60,000 square metre plot of land to build a factory in Ba Ria-Vung Tau, one of the eight cities and provinces and belonging to the southern key economic region of Vietnam.
spain beat netherlands 2 1 in extra time to reach world cup semis

Spain beat Netherlands 2-1 in extra time to reach World Cup semis

Teenager Salma Paralluelo hit an extra-time winner as Spain beat the Netherlands 2-1 at the Women's World Cup on Friday to set up a semi-final clash with Japan or Sweden.
sweden leading in green digital goals

Sweden leading in green, digital goals

Companies are betting on digital transformation and 5G to increase operational efficiency, competitiveness, and sustainability. David Lidén, trade commissioner of Sweden to Vietnam, talked to VIR’s Bich Thuy about the lessons from Sweden in the twin green and digital transition.
murray venus defeated in washington openers

Murray, Venus defeated in Washington openers

Three-time Grand Slam champion Andy Murray of Britain crashed out in the opening round of the ATP and WTA Washington Open on Monday, falling to Sweden's Mikael Ymer.
conducting smarter factory processes

Conducting smarter factory processes

Manufacturers are being urged to adapt to Industry 4.0 to increase competitiveness or lose out in the stiffening digital era.
elements for digital transformation

Elements for digital transformation

Digital transformation is now a hot trend among manufacturers in this country, with use cases forecast to increase in the future. David Liden, trade commissioner as well as country manager of Business Sweden, talked to VIR’s Minh Anh about the factors for successful development of smart factories in Vietnam.
swedish solutions top sustainability wish list

Swedish solutions top sustainability wish list

The latest innovative stories from Sweden, green solutions of its businesses, and the modernised image of this nation as a hub for sustainable innovations were all discussed in Ho Chi Minh City last week.
swedish groups pioneer innovation

Swedish groups pioneer innovation

Innovations from Sweden are increasingly prevalent in Vietnam, with climate change forcing a sustainable shift towards new high-tech and digitalised offerings.
tetra pak expands investment in confidence of vietnams strong post pandemic rebound

Tetra Pak expands investment in confidence of Vietnam’s strong post-pandemic rebound

Tetra Pak reaffirms its confidence in Vietnam’s economic rebound from the COVID-19 pandemic and its continuing commitment to support food and beverage producers as the Sweden-based company has announced an additional €5 million ($5.9 million) investment in its €120 million ($141.2 million) packaging material factory in Binh Duong province.
is hm unfit to pursue strategy to grow number of stores

Is H&M unfit to pursue strategy to grow number of stores?

As the global market is growing tougher for fashion retailers, Sweden-based H&M decided to expand its network of outlets in Vietnam. However, the strategy may not work out as planned due to the strong preference for online retail.