Swiss sealing firm Angst+Pfister opens $12 mln factory in southern Vietnam

Swiss sealing firm Angst+Pfister opens $12 mln factory in southern Vietnam

Vietnam-based APVN Sealing, under Switzerland-based Angst+Pfister Group, opened its factory in the southern province of Dong Nai with an investment of €11.1 million ($12.1 million) on Wednesday.

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

Swiss firm staBOO Holdings AG to invest $122 mln bamboo item factory in Vietnam

Swiss firm staBOO Holdings AG to invest $122 mln bamboo item factory in Vietnam

staBOO Holdings AG, under Swiss firm BARD AG, and Vietnamese partner Sao Thai Duong Investment JSC signed a memorandum of understanding (MoU) on building a VND3 trillion ($122.2 million) factory in Vietnam’s central province of Thanh Hoa.

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

Korean industrial chaebol Hyosung plans $2 bln investment in Vietnam this year

Korean industrial chaebol Hyosung plans $2 bln investment in Vietnam this year

South Korean giant Hyosung, which has invested $3.5 billion in Vietnam, plans to invest another $2 billion this year, said vice chairman Cho Hyun-sang.

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

World Economic Forum to launch Vietnam Center of Industry 4.0 in HCMC

World Economic Forum to launch Vietnam Center of Industry 4.0 in HCMC

The World Economic Forum (WEF) and Ho Chi Minh City authorities will establish a Center for the Fourth Industrial Revolution in Vietnam (C4IR Vietnam) in June 2024.

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

BIDV, Switzerland’s Edmond de Rothschild to build ‘leading private bank in Vietnam’

BIDV, Switzerland’s Edmond de Rothschild to build ‘leading private bank in Vietnam’

BIDV, a Vietnamese state-controlled banking giant, has teamed up with Switzerland-based financial institution Edmond de Rothchild to “build the leading private bank in the country.”

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

Vietnam, Switzerland to cooperate on eco-industrial park development

Vietnam, Switzerland to cooperate on eco-industrial park development

Vietnam and Switzerland will cooperate in transforming industrial parks into eco-friendly ones and in building new facilities over the next five years (2024-2028).

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

Swiss fund responsAbility provides $20 mln to Vietnam renewable firm

Swiss fund responsAbility provides $20 mln to Vietnam renewable firm

Swiss fund for sustainable development responsAbility will provide $20 million to Vietnam’s Copper Mountain Energy Solar (CME Solar), the latter announced on Wednesday.

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

Swiss National Council head’s Vietnam visit to boost trade ties

Swiss National Council head’s Vietnam visit to boost trade ties

Martin Candinas, President of the Swiss National Council, will visit Vietnam on June 28-30 to bolster economic relations, said the Swiss parliament.

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

Nestlé to support regenerative, low-emission agriculture in Vietnam

Nestlé to support regenerative, low-emission agriculture in Vietnam

Nestlé Vietnam has signed a strategic partnership agreement with the Ministry of Agriculture and Rural Development to support the country’s transition to regenerative and low-emission agriculture.

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

One Food Group builds sixth animal feed mill in Vietnam

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

ADB, Switzerland sign $5 mln cofinancing deal to help Vietnam SMEs

ADB, Switzerland sign $5 mln cofinancing deal to help Vietnam SMEs

The Asian Development Bank (ADB) and Switzerland signed a cofinancing agreement of $5 million Thursday to nurture fintech that can help address low financial inclusion in Vietnam, particularly among small- and medium-sized enterprises, or SMEs.

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

Switzerland’s Stadler seeks to join restoration of Vietnam cog railway

Switzerland’s Stadler seeks to join restoration of Vietnam cog railway

Stadler Rail, a leading Swiss manufacturer of railway rolling stock, has shown interest in joining Vietnam’s efforts to restore the Thap Cham-Dalat railroad, the only cog railway in the nation built before 1975.

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

IFC, Vietnam securities regulator partner to boost green finance

IFC, Vietnam securities regulator partner to boost green finance

The World Bank’s investment arm IFC, in partnership with the Swiss State Secretariat for Economic Affairs (SECO), is scaling up its support to Vietnam’s government to promote sustainable finance and spur private sector investment.

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