PepsiCo commits nearly $400 mln for two new factories in Vietnam

PepsiCo commits nearly $400 mln for two new factories in Vietnam

U.S beverage giant PepsiCo will invest some $390 million to build two factories in the northern province of Ha Nam and the southern province of Long An, both powered by renewable energy.

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

Steel major Pomina to sell two mills for $272 mln to pay debts

Steel major Pomina to sell two mills for $272 mln to pay debts

Vietnamese steel firm Pomina plans to sell its Pomina 1 and Pomina 3 plants to a domestic investor for VND6.7 trillion ($271.7 million).

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

Southern industrial land rentals reach new peak

Southern industrial land rentals reach new peak

Industrial land rentals in southern Vietnam have reached a new record high as demand surges amid a new wave of foreign direct investment, according to consultancy firms.

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