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
Mekong Delta province Long An plans $3 bln urban complex project
The Department of Planning and Investment (DPI) in the Mekong Delta province of Long An has called for investment in a VND74 trillion ($3 billion) new urban area project in Duc Hoa district.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital’s acquisition of waste treatment firm marks entry in waste-to-power sector
BCG Energy of private Vietnamese conglomerate Bamboo Capital group is set to enter the waste-to-power sector with the acquisition of Ho Chi Minh City-based waste treatment firm Tam Sinh Nghia Investment Development JSC.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
400 staff of Taiwan-invested firm resume work after strike over Lunar New Year bonus
About 400 workers of Taiwan-invested luggage maker King Loy Enterprise in Long An province resumed work Monday after a strike over changes in their Tet (Lunar New Year holiday) bonuses.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Daiwa House to spend $20 mln on acquiring cold storage facility in southern Vietnam
Daiwa House Industry Co., Ltd., one of the biggest real estate development companies in Japan, will spend VND483 billion ($19.9 million) on acquiring D Project Tan Duc 2, a cold storage facility in Vietnam’s Mekong Delta province of Long An.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An authorities show lax management of solar, LNG power projects: inspectors
The authorities of Long An province in the Mekong Delta had shown lax management that led to violations in the management and use of land and investment in solar power and liquefied natural gas (LNG) thermal power plants, concluded the Government Inspectorate.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Southern Vietnam province invites Korean semiconductor investments
The Mekong Delta province of Long An hopes to attract South Korean investments in making semiconductors, said Nguyen Van Duoc, head of the provincial Party Committee.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM nod recommended for $3 bln Mekong Delta urban area project
The Ministry of Planning and Investment has recommended that the Prime Minister approves a VND74,406 billion ($3.1 billion) mega urban area project in the Mekong Delta province of Long An.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province takes a swing at golf tourism as provincial brand
Long An province in the Mekong Delta is focusing on implementing large-scale investment projects in sport tourism, with a view to turning golf tourism into a provincial brand, said a provincial leader.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinhomes subsidiary to build $1.15 bln urban area in Long An province
Green City Development JSC, a subsidiary of Vietnam's leading real estate developer Vinhomes, has been approved as the main investor for a VND28.2 trillion ($1.15 billion) new urban area project in Duc Hoa district, Long An province.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province banks on abundant industrial land to attract investment
The Mekong Delta province of Long An has developed 34 industrial parks and 44 industrial clusters spanning over 11,300 hectares to attract investment.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
S Korean investor plans 2028 opening for two LNG-to-power plants in Vietnam
South Korea’s GS Energy, a co-investor in two 1,500 MW LNG-to-power plants in the Mekong Delta province of Long An, plans to put them into operation in 2028.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
‘Sky the limit’ for Vietnam industrial real estate: developer
Vietnam’s rapid growth and supply chair diversification efforts by MNCs are bringing ample development opportunities to the country’s industrial real estate industry, says Deep C Industrial Zones CEO Bruno Jaspaert.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
US logistics firm looks to expand Asia-Pacific footprint through Vietnam
Michigan-headquartered Lineage Logistics, an international warehousing and logistics company, said Saturday it has partially closed a joint venture arrangement with Hanoi-based cold storage warehouse operator SK Logistics.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Yokorei builds $52 mln Vietnam cold storage facility as sector set to soar
Japanese refrigerated warehousing business Yokorei is constructing a $52 million refrigerated warehouse near Ho Chi Minh City, Vietnam’s economic powerhouse, with the cold storage logistics sector set to soar in the country.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An leverages HCMC proximity to boost logistics credentials
Long An’s efforts to leverage its position as a bridge between Ho Chi Minh City and the Mekong Delta have seen it emerge as a new logistics hub.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province ticks all the right boxes for Japan firms
Long An province bordering Ho Chi Minh City is an ideal location for business expansion beyond Japan, Japanese businesses said on Friday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province signs 9 investment certificates, 10 MoUs with investors
Long An province, an industrial hub in southern Vietnam, is attracting a new wave of investment as authorities handed over nine investment certificates and signed 10 memoranda of understanding with private investors.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An province seeks investors for 13 major projects
The Mekong Delta province of Long An is seeking investors for 13 projects of “great socioeconomic significance” including industrial parks, a biotech center, cattle farms and fruit processing.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial real estate development outlook robust in southern Vietnam
Southern Vietnam’s industrial property market is heating up, helping developers to make a profit and resulting in the prospect of new supplies.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Sojitz enlarges cold chain logistics business in Vietnam
Sojitz Corporation will build a new logistics warehouse to expand its four-temperature cold chain business in Vietnam this month, the Japanese multi-sector business announced on Tuesday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Suntory Pepsico to open $189 mln southern Vietnam factory in 2026
Suntory Pepsico Vietnam Beverage, producer of carbonated soft drink Pepsi in Vietnam, plans to put its VND4.43 trillion ($188.6 million) factory in Long An province into operation in the first quarter of 2026, said Taka Sanno, CEO of Suntory Beverage & Food Asia Pacific.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
One Food Group builds sixth animal feed mill in Vietnam
One Food Group Vietnam on Wednesday commenced the construction of a $45-million animal feed mill in the Mekong Delta province of Long An, its sixth facility in the country.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s biggest waste-to-power plant secures $160 mln syndicated loan
Germany’s Deutsche Bank has arranged a $160 million syndicated loan for Vietnam's largest operating waste incineration plant, located in Hanoi.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
US-invested firm prepares $700 mln for waste treatment plant in southern Vietnam
Vietnam Waste Solutions Co. Ltd. (VWS) is about to invest $700 million in a waste treatment project in Long An province with a designed capacity of 40,000 tons.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Prime Minister seeks progress on HCMC Ring Road 3
PM Pham Minh Chinh said Sunday he wanted sub-project 1A of Ho Chi Minh City’s Ring Road 3 project to be completed by April 2025, six months ahead of schedule.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
It’s time to make build amid market challenges: Thang Loi Group CEO
Ho Chi Minh City-based property developer Thang Loi Group is giving top priority to corporate restructuring to make it healthier this year, rather than trying to expand the business in challenging times, CEO Nguyen Thanh Quyen tells The Investor.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An international port to start handling containers in Q2
Vietnam’s Dong Tam Group expects Long An international port near Ho Chi Minh City to start container loading and unloading in the second quarter of this year, a move expected to ease container congestion in HCMC.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC, four provinces agree investment schedule for Ring Road 4
Ho Chi Minh City and four neighboring provinces have agreed a timeframe to carry out the major Ring Road 4 project, with work expected to start in 2024 and be completed in 2028.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
SLP delivers first 2 hectares of warehouse in Long An
SLP, the Vietnam asset management unit of Singapore logistics infrastructure developer GLP, has delivered around 20,000 square meters of warehouse in SLP Park Xuyen A in Long An province to Vietnamese delivery company Giao Hang Nhanh.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC to build first logistics center in 2023
Ho Chi Minh City, Vietnam’s southern economic hub, will construct its first logistics center among the planned seven next year, the city's department of industry and trade director Bui Ta Hoang Vu said Thursday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long An to get new 654-hectare industrial park
Authorities in Long An province bordering Ho Chi Minh City presented an investment policy decision to a Saigontel JSC subsidiary on Tuesday for the construction of a 654-hectare industrial park.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
World’s largest fish feed maker opens second plant in Vietnam
Norwegian major Skretting, the world’s largest maker of feed for farmed fish, has inaugurated its second Vietnam factory with an annual capacity of 100,000 tons.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gas firm builds LNG station near HCMC
CNG Vietnam, a compressed natural gas company, started work Sunday on its first liquefied natural gas (LNG) supply station, located in Long An province bordering Ho Chi Minh City.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Coke starts construction of biggest Vietnam factory
Coca-Cola Beverages Vietnam Ltd. organized Friday a groundbreaking ceremony for its $136 million factory in the Mekong Delta province of Long An, its biggest in Vietnam.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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