Lego factory is southern Vietnam to begin partial operation from August
The construction of Lego’s factory in Vietnam’s southern province of Binh Duong has reached 61.7% completion, meeting the deadline, and can enter partial operation from August, said Lego Group Vice President Preben Elnef.
Companies - Fri, February 23, 2024 | 11:00 am
Lego to begin production at Vietnam factory in 2025
Lego’s under-construction factory in Vietnam is scheduled to begin production in 2025, the Danish toy producer said in a statement last week.
Companies - Tue, February 20, 2024 | 10:15 am
Lego plant builder Coteccons acquires 2 Singapore-invested infrastructure firms
Coteccons Construction JSC, the contract builder of the Lego plant in southern Vietnam, has wholly acquired two Singapore-invested infrastructure-focused companies in a bid to expand its operations in this field.
Companies - Sun, February 11, 2024 | 3:31 pm
Danish toymaker Lego eyes Vietnam trial production in H2/2024
Lego is on track to begin trial production at its factory in the southern province of Binh Duong in the second half of 2024, with official production in early 2025.
Industries - Tue, January 9, 2024 | 9:26 pm
Lego on track to start production at Vietnam plant in H2 next year
Danish toymaker Lego is on track to begin production at its Vietnam factory in the southern province of Binh Duong in the second half of 2024, said Preben Elnef, general manager of Lego Manufacturing Vietnam and vice president of the Lego Group.
Companies - Sat, September 16, 2023 | 2:34 pm
Environmental protection more important than making profit: Lego executive
Enterprises that are shifting production to go green in Vietnam must protect the environment instead of chasing the cheapest cost, according to an executive from Danish giant toymaker Lego.
Industries - Sat, June 3, 2023 | 4:17 pm
Firms in Vietnam adopt sustainable practices, grip onsite renewable energy
Companies in Vietnam are incorporating sustainable practices into their operations, advancing the adoption of renewable energy sources for their manufacturing facilities.
Energy - Tue, May 16, 2023 | 3:33 pm
Construction firm Coteccons' shareholders advised to buy in when price falls
Leading Vietnamese construction firm Coteccons’ chairman Bolat Duisenov said the company's shareholders should place their trust in its long-term outlook and purchase more shares when prices fall.
Companies - Wed, April 26, 2023 | 10:40 am
Lego ready to launch Binh Duong factory in Aug 2024
Danish toymaker Lego has opened its office in Vietnam’s southern province of Binh Duong and is ready to recruit staff, in preparation for its factory’s official operation from August 2024.
Companies - Mon, March 27, 2023 | 4:38 pm
Binh Duong to support major investor Lego in project-related problems
Officials in Vietnam’s Binh Duong province, where Lego is building its first carbon-neutral factory with more than $1 billion in investment, have promised to help the Danish toymaker remove land-related obstacles and other issues for the project.
Industries - Fri, March 3, 2023 | 9:43 am
Dong Nai province eyes 8 more industrial parks amid low supply
The southern province of Dong Nai eyes building eight more industrial parks to offset the current lack of available industrial areas, according to provincial authorities.
Industrial real estate - Tue, February 21, 2023 | 2:26 pm
Vietnam’s carbon neutrality goal instrumental in Lego’s investment decision
Danish giant toymaker Lego Group is investing more than $1 billion in building its first carbon-neutral plant in Binh Duong province, with production set to start in 2024. Preben Elnef, general manager of Lego Manufacturing Vietnam Co. Ltd., explains to The Investor that the country’s target of net-zero emissions by 2050 and government support have made Vietnam its newest investment destination.
Executive Talk - Mon, February 13, 2023 | 7:00 am
Vietnam spends $79 mln on e-commerce sites buying toys in 2022
Vietnamese people spent VND1,860 billion ($79 million) last year on buying 24.97 million kids toys on Shopee, Lazada, Tiki, and Sendo, the most popular e-commerce sites in the country, according to a report of Metric, a local e-commerce analyzer.
Companies - Wed, February 8, 2023 | 8:09 am
Sembcorp's VSIP III Binh Duong to be Vietnam's first zero-emissions industrial park
Singapore's Sembcorp Industries plans to build the third Vietnam-Singapore Industrial Park III (VSIP III) in the southern province of Binh Duong as a zero-emissions industrial park, the first of its kind in the country.
Industrial real estate - Sat, January 14, 2023 | 10:27 am
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