Standard Chartered to finance Vietnam firms $3 bln for climate change response

Standard Chartered to finance Vietnam firms $3 bln for climate change response

Standard Chartered Vietnam has signed five memorandums of understanding (MoUs) valued at approximately $3 billion in sustainable financing to support five companies in Vietnam in achieving their sustainability goals.

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

Multi-sector corporation Sovico reports 5-fold profit increase in 2022

Multi-sector corporation Sovico reports 5-fold profit increase in 2022

Vietnamese conglomerate Sovico reported net revenue of VND687.5 billion ($29.15 million) in 2022, up 2.3 times year-on-year, and after-tax profit of VND3.27 trillion ($138.77 million), up nearly 5 times.

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

BP, Sovico eye 3GW offshore wind farm in northern Vietnam

BP, Sovico eye 3GW offshore wind farm in northern Vietnam

Oil giant BP and Vietnamese conglomerate Sovico have proposed a 3-gigawatt offshore wind project in Quang Ninh province, an emerging industrial base in northern Vietnam.

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