AES earns 2023 revenue of $344 mln in Vietnam, plans to sell power plant by mid 2025

AES earns 2023 revenue of $344 mln in Vietnam, plans to sell power plant by mid 2025

AES Corporation earned a revenue of $344 million from its operations in Vietnam in 2023, according to the American energy company’s year performance review.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Citi Vietnam executive elected AmCham HCMC chair for 2024

Citi Vietnam executive elected AmCham HCMC chair for 2024

Ramachandran A.S. (RamC), Citi's country officer for Vietnam, has been elected chairman of the American Chamber of Commerce (AmCham) Ho Chi Minh City for 2024.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam tech giant FPT hits $1 bln in global IT services revenue

Vietnam tech giant FPT hits $1 bln in global IT services revenue

Hanoi-headquartered global technology corporation FPT has surpassed $1 billion in the global information-technology (IT) services segment, generated by its subsidiary FPT Software.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

AES sells 51% of thermal power plant in Vietnam

AES sells 51% of thermal power plant in Vietnam

American energy company AES Corporation has reached an agreement to sell its 51% equity stake in Mong Duong 2 coal-fired power plant in Vietnam to the Czech Republic-based Se.ven Global Investments, the two sides announced on Thursday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Trade ministry tasked with leading Vietnam negotiations for market economy status

Trade ministry tasked with leading Vietnam negotiations for market economy status

The Ministry of Industry and Trade has been asked to establish a working group for cooperating with the U.S. to have Vietnam achieve "market economy" status.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM urges Apple, Boeing, Google to up Vietnam investments

PM urges Apple, Boeing, Google to up Vietnam investments

Prime Minister Pham Minh Chinh has called on multinational giants like Apple, Boeing, Google and Siemens Healthineers to invest more in Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Moody's launches Vietnam credit rating agency

Moody's launches Vietnam credit rating agency

Moody's Corporation has launched a Vietnamese credit rating agency - its partnership with leading local financial institutions, the American firm announced on Tuesday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

American businesses make strong progress in Vietnam

American businesses make strong progress in Vietnam

U.S. giants like Intel, Cargill, Nike, AES, Murphy Oil, First Solar, Boeing and Apple have made extensive investments in Vietnam since the two countries normalized their relations in 1995.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

US President Biden to visit Vietnam on September 10

US President Biden to visit Vietnam on September 10

U.S. President Joe Biden will visit Vietnam from September 10-11 at the invitation of Party General Secretary Nguyen Phu Trong, the Southeast Asian country's top leader.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Amkor Technology seeks to open Vietnam factory in fourth quarter

Amkor Technology seeks to open Vietnam factory in fourth quarter

U.S.-based Amkor Technology Inc., a global semiconductor product packaging and test services provider, expects its Vietnam mega facility to begin first-phase manufacturing in the fourth quarter of this year.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Boxed, Aeon team up to launch retail software, services in Vietnam

Boxed, Aeon team up to launch retail software, services in Vietnam

U.S. e-commerce retailer Boxed and Japanese-invested Aeon Vietnam have signed a “definitive partnership” agreement to launch the former's end-to-end software and services platform in the Vietnamese market.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sojitz-backed joint venture to challenge Australian, US beef imports

Sojitz-backed joint venture to challenge Australian, US beef imports

A major partnership between Japan’s trading giant Sojitz and Vietnam’s largest dairy company Vinamilk has started commercializing beef supplies in Vietnam, where American and Australian beef imports are already popular.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7