Chinese photovoltaics firm Trina Solar signs $700 mln material supply deal for Vietnam factory
OCI Holdings, a South Korean chemical company, has signed a long-term supply contract worth KRW930 billion ($693.9 million) with China-based photovoltaics (PV) company Trina Solar for the latter’s factory in Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Sojitz, Vietnam’s Stavian to bolster energy, chemicals partnership
Japanese conglomerate Sojitz Corporation and Vietnamese counterpart Stavian Group have agreed to boost their cooperation in forest development and wood chips, energy, decarbonization, paper pulp and chemicals businesses.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Procter & Gamble to boost output of Vietnam factory by nearly 50%
U.S. multinational consumer goods giant Procter & Gamble (P&G) is set to increase its annual output of chemical consumer goods from its factory in the southern province of Binh Duong by 48.7% to 487,431 tons.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam industrial sector sees 1.5% annual growth, 5.8% Dec growth
Vietnam’s industrial sector continued its recovery with the index of industrial production (IIP) rising 5.8% year-on-year in December, while the January-December index inched up 1.5%.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea’s Hyosung plans $720 mln additional investment in Ba Ria-Vung Tau province
South Korea’s industrial chaebol Hyosung plans to invest $720 million more in Vietnam’s southern province of Ba Ria-Vung Tau in a biofiber factory, said a delegation from the firm.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Tosoh plans $173 mln chemicals factory in southern Vietnam
Tosoh, a Japanese chemicals and materials firm, plans to invest $172.6 million in building a methylene diphenyl isocyanate (MDI) factory in the southern province of Ba Ria-Vung Tau.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
US firm strikes deal to settle Vietnam refineries corruption cases
American chemical maker Albemarle Corporation has struck a $218 million plus deal with the U.S. justice department to settle corruption cases in Vietnam, Indonesia and India.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ba Ria-Vung Tau province okays $540 mln Hyosung carbon fiber factory
South Korean giant Hyosung has received in-principle approval from Ba Ria-Vung Tau's industrial park authority to build a $540 million carbon fiber factory in the southern coastal province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Mixed H1 results in Vietnam chemical industry
Vietnam’s chemicals industry has reported mixed first half results this year with some firms earning increased revenues and profits and several others seeing their profits plunge.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dutch chemical company IMCD acquires Vietnam, Singapore firms
IMCD N.V., a Dutch provider of specialty chemicals and food ingredients, has signed a deal to buy out Brylchem Group.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hyosung Chemical records $23 mln Q1 loss in Vietnam
Hyosung Chemical, the chemical arm under South Korea’s multi-sector business Hyosung, recorded a loss of KRW30.1 billion ($22.86 million) from its Vietnam operation in the first quarter of this year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai giant SCG posts Q1 revenue of $294 mln in Vietnam
Siam Cement Group (SCG) posted a revenue of THB10.024 billion ($293.53 million) from its Vietnam operations in the first quarter of 2023, down 26.63% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam chemical firms expect sharp drop in business for 2023
Major chemical producers Duc Giang Chemicals Group and Vietnam Apatite-Phosphorus JSC forecast a slump in business this year, while Lam Thao Fertilizers and Chemicals JSC aims for a hike.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam chemical firms record sharp profit hikes in 2022
Major chemical producers Duc Giang Chemicals Group, Vietnam Apatite-Phosphorus JSC, and Lam Thao Fertilizers and Chemicals JSC have reported huge profits in 2022.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chemical giant Vinachem reaps record profit on surging prices
State-run chemical group Vinachem reported a consolidated profit of VND6,023 billion ($256.8 million) in 2022, up 2.8 times year-on-year and a record high thanks to inflated fertilizer prices.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chemical giant Vinachem sees record high profit on fertilizer price hike
State-run group Vinachem recorded a profit of VND5,404 billion ($224 million) in the first nine months of the year, nearly triple the year's target, as fertilizer prices remained high.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Double-digit growth expected for Vietnam fertilizer market in next decade
A compound annual growth rate (CAGR) of 16.2% over the next decade is forecast for the fertilizer market in Vietnam, where agriculture is the largest employer, according to Research and Markets.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
National chemical corporation reports 31-fold increase in H1 profit
State-run Vietnam National Chemical Group recorded a consolidated profit of VND4,098 billion ($175 million) in the first six months of the year, 31 times higher than the same period last year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory
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- Editor’s Picks
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
-
With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
-
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
-
Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory