Danish energy fund CIP’s $10.5 bln wind power project to create 45,000 jobs in Vietnam

Danish energy fund CIP’s $10.5 bln wind power project to create 45,000 jobs in Vietnam

Denmark’s Copenhagen Infrastructure Partners (CIP) plans to invest $10.5 billion in a 3.5 GW offshore wind power project in Vietnam’s central province of Binh Thuan, creating 45,000 full-time equivalent jobs.

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

Denmark’s Maersk, Vietnam’s Hateco to collaborate on green logistics, port automation

Denmark’s Maersk, Vietnam’s Hateco to collaborate on green logistics, port automation

Danish shipping giant Maersk and Vietnamese group Hateco have agreed to strengthen cooperation in terminal development in the northern city of Hai Phong, particularly in green logistics and port automation.

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

Denmark’s Vestas, Vietnam’s IPICO to cooperate in wind power development

Denmark’s Vestas, Vietnam’s IPICO to cooperate in wind power development

Denmark’s leading wind power business Vestas and Vietnam’s top industrial park developer Son My Industrial Park Investment Construction and Trading Infrastructure JSC (IPICO) have announced plans to cooperate in wind power development.

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

Danish energy fund CIP, Petrovietnam to cooperate in offshore wind power

Danish energy fund CIP, Petrovietnam to cooperate in offshore wind power

Denmark’s Copenhagen Infrastructure Partners (CIP), via its Growth Market Funds, and state-owned Petrovietnam have signed a memorandum of understanding on renewable energy and offshore wind power.

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

Lego to begin production at Vietnam factory in 2025

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

Danish toymaker Lego eyes Vietnam trial production in H2/2024

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

Copenhagen Infrastructure Partners launches $3 bln fund, Vietnam in focus

Copenhagen Infrastructure Partners launches $3 bln fund, Vietnam in focus

Denmark’s Copenhagen Infrastructure Partners (CIP) has launched the Growth Markets Fund II (GMF II) with a target fund size of $3 billion that will focus on 15 countries including Vietnam.

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

Denmark agribusinesses explore businesses opportunities in Vietnam

Denmark agribusinesses explore businesses opportunities in Vietnam

Nine Danish agri-food companies are joining a Danish sustainable agriculture and food delegation to exchange experiences and innovative solutions in sustainable and resource-efficient food and agriculture and look for partnerships in Ho Chi Minh City.

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

Denmark’s CIP eyes large offshore wind power projects in Vietnam

Denmark’s CIP eyes large offshore wind power projects in Vietnam

Denmark’s Copenhagen Infrastructure Partners (CIP), a leading global offshore wind farm developer, is looking to cooperate with Vietnamese partners on large-scale (of 500 MW or more) offshore wind power projects.

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

Weak macroeconomy hits Carlsberg volume sales in Vietnam: CFO

Weak macroeconomy hits Carlsberg volume sales in Vietnam: CFO

A weak macroeconomy and consequentially more price-sensitive consumers have driven down Carlsberg’s volume sales in Vietnam in the third quarter of 2023, said CFO Ulrica Fearn.

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

Construction giant Deo Ca partners with Denmark firm to build first wind tunnel lab in Vietnam

Construction giant Deo Ca partners with Denmark firm to build first wind tunnel lab in Vietnam

Vietnam’s construction giant Deo Ca Group said Tuesday that it was teaming up with Denmark’s SOH Wind Engineering to build the nation’s first wind tunnel lab.

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

Denmark jewelry maker Pandora defers Vietnam factory operations to 2026

Denmark jewelry maker Pandora defers Vietnam factory operations to 2026

Denmark’s Pandora, the world’s largest jewelry brand by revenue, has delayed the opening of its $100-million factory in Vietnam's southern province of Binh Duong to 2026 over challenges in getting a construction license.

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

Lego on track to start production at Vietnam plant in H2 next year

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

Danish infrastructure fund, Vietnamese steel firm to build offshore wind power structures

Danish infrastructure fund, Vietnamese steel firm to build offshore wind power structures

Denmark’s Copenhagen Infrastructure Partners (CIP) and Vietnam’s steel structure manufacturer Dai Dung Corp. have signed an agreement on building offshore wind power structures.

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

Danish A.P. Moller-Maersk to build logistics center in southern Vietnam

Danish A.P. Moller-Maersk to build logistics center in southern Vietnam

Denmark’s integrated container logistics firm A.P. Moller-Maersk will build a major logistics center in Binh Duong province.

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

Danish fund to continue investments in Vietnam offshore wind projects

Danish fund to continue investments in Vietnam offshore wind projects

Denmark’s Copenhagen Infrastructure Partners (CIP) will continue to back offshore wind power development in Vietnam, including a mega project in the south-central province of Binh Thuan.

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

Lack of policies blows foreign wind power investors out of Vietnam: PTSC executive

Lack of policies blows foreign wind power investors out of Vietnam: PTSC executive

A lack of detailed policies and guidelines for wind energy investment in Vietnam is making foreign investors turn to other markets, said Le Manh Cuong, CEO of Petrovietnam Technical Services Corp (PTSC).

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

Danish energy giant Orsted 'pauses market development activities' in Vietnam

Danish energy giant Orsted 'pauses market development activities' in Vietnam

Denmark’s Orsted has "paused market development activities in Vietnam," Per Mejnert Kristensen, its senior vice president and Asia-Pacific president, said at the wind power giant’s Capital Market Day event last Thursday.

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

Vietnamese, Danish investment funds launch logistics infrastructure platform

Vietnamese, Danish investment funds launch logistics infrastructure platform

Denmark's A.P. Moller Capital and Vietnam's VinaCapital, two major investment funds, have established a joint platform to increase investments in transportation and logistics infrastructure in Vietnam.

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

Petrovietnam subsidiary to build offshore wind farm foundations for Orsted

Petrovietnam subsidiary to build offshore wind farm foundations for Orsted

Petrovietnam Technical Services Corp (PTSC) on Friday signed a contract to build offshore wind farm foundations for Orsted, becoming the first Vietnamese business to receive a mass order for offshore wind power equipment.

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

World-leading DanBred helps Vietnam firm boost pig breeding

World-leading DanBred helps Vietnam firm boost pig breeding

Denmark’s DanBred, one of the world’s leading pig breeding companies, has launched a cooperation program with leading Vietnamese livestock firm Dabaco to boost domestic pig husbandry.

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

Lego ready to launch Binh Duong factory in Aug 2024

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

Vietnam, Denmark to strengthen green growth times

Vietnam, Denmark to strengthen green growth times

Vietnam and Denmark have boosted bilateral green growth cooperation towards achieving net-zero emission goals, with some corporate deals signed during a working visit to Vietnam by Danish Crown Prince Frederik.

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

Danish wind power giant COP opens Hanoi office

Danish wind power giant COP opens Hanoi office

Denmark’s Copenhagen Offshore Partners, a global leader in offshore wind development, has launched a new office in Hanoi during Danish Crown Prince Frederik’s working visit to Vietnam on November 1-3.

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

Lego builds first carbon neutral plant in Vietnam

Lego builds first carbon neutral plant in Vietnam

Danish toymaker Lego Group started Thursday construction of its first carbon-neutral factory site worldwide, located in southern Vietnam, with more than $1 billion in total investment.

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

FPT Software, Julie Sandlau join hands to transform jewelry making

FPT Software, Julie Sandlau join hands to transform jewelry making

Danish luxury jewelry brand Julie Sandlau will build its first smart manufacturing facility in Vietnam via its new alliance with the country’s leading IT service provider FPT Software.

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

Danish firm Spectre opens third Vietnam factory in An Giang

Danish firm Spectre opens third Vietnam factory in An Giang

Spectre, a Danish maker of functional garments for outdoor sports brands, started operating its $17 million factory in An Giang province Friday, the company’s third in Vietnam.

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

Danish firm eyes offshore wind power projects with Vietnam utility

Danish firm eyes offshore wind power projects with Vietnam utility

Copenhagen Infrastructure Partners (CIP) is hoping to develop large-scale offshore wind power projects and transmission lines in partnership with Vietnam Electricity (EVN).

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

Denmark investors seek to catch up with others in Vietnam

Denmark investors seek to catch up with others in Vietnam

Danish companies are rushing to make their presence felt in Vietnam as the Southeast Asian nation emerges as a new manufacturing hub.

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

Danish firms eye low emission agri investments in Vietnam

Danish firms eye low emission agri investments in Vietnam

Thirteen Danish agri-food businesses are visiting Vietnam in search of investment opportunities in sustainable agricultural production aimed at supplying both local and regional markets.

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

Orsted steps up groundwork for $13.6 bln offshore wind plant

Orsted steps up groundwork for $13.6 bln offshore wind plant

Danish wind power giant Orsted is speeding up preparations to build a 3,900-megawatt offshore wind power plant in the northern port city of Hai Phong.

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

Orsted, T&T propose 5 GW offshore wind projects in central Vietnam

Orsted, T&T propose 5 GW offshore wind projects in central Vietnam

A partnership between Danish wind power developer Orsted and Vietnam’s T&T Group has proposed two offshore wind projects of 5 gigawatts in capacity off the coast of Ninh Thuan province.

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

Wind turbine maker Vestas labels Vietnam key market

Wind turbine maker Vestas labels Vietnam key market

Vestas, the world's largest wind turbine manufacturer, considers Vietnam one of the Danish giant’s significant markets worldwide, its president and CEO said.

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

Pandora plans third jewelry factory globally in Vietnam

Pandora plans third jewelry factory globally in Vietnam

Pandora, the world’s largest jewelry brand by revenue, will invest $100 million in building a new facility in Vietnam, which will be the Danish company’s third manufacturing site and first outside Thailand.

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