EU disburses $23.6 mln to support Vietnam’s clean energy transition
The European Union (EU) has released EUR22 million ($23.6 million) of budget support to the Vietnamese government in the framework of the EU-Vietnam Sustainable Energy Transition Program (SETP).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fedex launches new Vietnam-India service, strengthens worldwide links
Leading courier services provider FedEx Express has launched new flight routes to enhance intercontinental services between Vietnam and India as also destinations in the Middle East, Europe, Africa and Asia.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
European Investment Bank to finance Vietnam $530 mln for energy transition
The European Investment Bank (EIB) has signed an agreement to finance Vietnam's implementation of the $15.5-billion Just Energy Transition Partnership (JETP) in the country.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Business environment in Vietnam looking up: EuroCham
EuroCham’s Business Confidence Index (BCI) for Vietnam recovered to 45.1 in the third quarter of 2023, the first growth since Q1/2022.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
European firms inaugurate $84 mln instant coffee factory in southern Vietnam
The Netherlands-headquartered Louis Dreyfus Company (LDC) and Poland-based Instanta Sp.zo.o. inaugurated a $84.2 million instant coffee factory in Binh Duong province on Friday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
German pharma giant to ship billions of tablets from Vietnam to Europe
German pharmaceutical giant Stada Group will ramp up drugs production at both its Vietnam factories and significantly boost exports to Europe, says CEO Peter Goldschmidt.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam agri-major Loc Troi prepares rice shipments to Indonesia, Malaysia
Loc Troi JSC, a leading agricultural services and food corporation in Vietnam, will export rice to Indonesia and Malaysia in a new move amidst rising prices in key exporting countries.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
EV maker VinFast builds $4 bln US complex, gets nod for US listing
Vietnamese electronic vehicle (EV) maker VinFast announced Friday it plans a stock market listing in the U.S. next month and broke ground the same day on its $4 billion EV and battery manufacturing complex in North Carolina.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast EVs showcased in Israel prior to exports
Israeli car distributor B-EV Motors has introduced electric vehicles (EVs) made by Vietnamese carmaker VinFast in Tel Aviv ahead of official exports to be announced at a later date.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese President visits Europe
Vietnamese President Vo Van Thuong left Hanoi Sunday morning to pay an official visit to Austria, make a state-level visit to Italy, and tour the Vatican until July 28.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast-SPAC combine moves Vietnam EV maker closer to US listing
The merger between Vietnamese electric vehicle (EV) start-up VinFast and Black Spade Acquisition Co is set to complete by July 20, making it possible for the former to be listed in the U.S. after that, according to the two firms.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese exporters advised to take note of new EU carbon rules
Europe’s Carbon Border Adjustment Mechanism (CBAM) is set to take effect in October, and Vietnamese exporters need to take a proactive approach to the mechanism to boost shipments to the EU, experts have said.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Spanish Chamber of Commerce sets up shop in Vietnam
The Spanish Chamber of Commerce in Vietnam (SCCV) was launched in Hanoi on Friday, marking a milestone in the economic ties between the two countries.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast ships second batch of electric cars to North America
Vietnamese carmaker VinFast’s second batch of electric vehicles has set sail for the U.S. and Canada, with deliveries set for May and June, respectively, the manufacturer said on Monday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to get search and rescue solution from Europe’s largest satellite producer
Thales Alenia Space, Europe’s biggest satellite manufacturer, has signed a contract with prime contractor MKE to provide Vietnam with a MEOLUT Next ground station that will operate as part of the COSPAS-SARSAT global MEOSAR (Medium Orbit Search And Rescue) network.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Loc Troi Group rides wave of high-quality rice exports
Vietnam is the world’s third-largest rice exporter, and agricultural services and food conglomerate Loc Troi Group JSC is expanding high-quality rice production for export, says CEO Nguyen Duy Thuan. These efforts are being funded by seven banks - six foreign and one Vietnamese - with a $100 million syndicated loan issued for the group last October.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Heineken to channel additional $500 mln into Vietnam
Dutch brewery giant Heineken will pour a further $500 million into Vietnam in the coming years, where its total investment has reached $1 billion, said CEO Dolf van den Brink.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam seeks European Investment Bank soft loans to advance development agenda
Vietnam is still a developing country with a low starting point and needs assistance in the form of preferential credit, Prime Minister Pham Minh Chinh told the European Investment Bank (EIB) Saturday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Luxembourg backs Vietnam’s green growth
The prime ministers of Luxembourg and Vietnam promised Friday to establish a strategic partnership framework for green finance to help the Southeast Asian nation pursue its green growth strategy and combat climate change.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast picks T-Mobile as sole global connectivity provider for EVs
T-Mobile and VinFast - Vietnam’s Tesla - announced an agreement Friday for the American giant to be the exclusive provider of connectivity for the latter's smart electric vehicles in North America and Europe.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam carmaker VinFast files for US IPO to expand global footprint
Vietnamese electric vehicle maker VinFast has filed for an initial public offering (IPO) in the U.S. where it plans to build a manufacturing complex in North Carolina while promoting sales in the global market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast opens first two Europe stores
Vietnamese electronic vehicle maker VinFast has launched its first two stores in Europe, following the EV startup’s first showrooms in the U.S. and Canada.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Europe supports Vietnam’s green transformation
The Green Economy Forum & Exhibition (GEFE) 2022 held by EuroCham Vietnam is bringing European innovations and sustainable solutions to Vietnam to support the nation’s green transformation.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast ships first batch of electric car exports to US
VinFast, dubbed Vietnam's Tesla, shipped the first batch of electric vehicle exports from its manufacturing complex in Hai Phong to the U.S. on Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
US service firm Autonomy orders 2,500 EVs from Vietnam’s VinFast
VinFast has received an order for more than 2,500 units from American electric vehicle subscription firm Autonomy, its largest corporate order to date, the Vietnamese carmaker said Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
EV maker VinFast opens first Canada store, plans seven more
VinFast, Vietnamese conglomerate Vingroup’s electric vehicle maker, launched its first Canadian store on Wednesday and plans to open seven more before the year-end.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast picks Shell Recharge to offer at-home charge points in Europe
Shell Recharge Solutions has become VinFast’s partner in supplying advanced at-home charging equipment and services to the Vietnamese electric vehicle (EV) maker's customers in Germany, France, and the Netherlands.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast to launch 3 headquarters in Europe
Vietnamese electric vehicle maker VinFast will open three headquarters in Paris, Frankfurt, and Amsterdam to intensify its global footprints, the company said Tuesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam among most exciting investment destinations: EuroCham
Vietnam offers great investment opportunities, and European businesses are very excited about the country's prospects in the medium- to short-term, says Alain Cany, chairman of EuroCham Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
EuroCham co-hosts green economy forum & exhibition
EuroCham and the Ministry of Industry and Trade will host the Green Economy Forum & Exhibition (GEFE) 2022 in Ho Chi Minh City from November 28-30.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vingroup gets green light for second battery factory
The nation’s largest private conglomerate, Vingroup, has received in-principle approval to build its second auto battery plant in the same economic zone as the first in central Vietnam.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast to deliver EVs in US, Canada, Europe this December
VinFast is set to make its first global delivery in December as it plans to ship about 5,000 EVs to the U.S., Canada, and Europe this November, the Vietnamese electric vehicle startup said Saturday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
50 VinFast stores to electrify European market
Vietnamese electric vehicle (EV) maker VinFast plans to open more than 50 stores in Germany, France and the Netherlands.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam seeks to attract half the world's 500 largest firms
The government has approved the Foreign Investment Cooperation Strategy for the period of 2021-2030, with plans to boost the Fortune Global 500 largest corporations' representation in Vietnam by 50%.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast unveils VF 8, VF 9 pricing, battery subscription in Europe
Vietnamese automaker VinFast on Tuesday announced VF 8’s and VF 9’s pricing details and battery subscriptions for the European markets including Germany, France, and the Netherlands.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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