Thailand, UK agree to elevate relationship to strategic partnership

Thailand, UK agree to elevate relationship to strategic partnership

Thailand and the UK on Wednesday signed a strategic partnership roadmap agreement, an upgrade to their current bilateral ties.

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

Man to face trial for allegedly smuggling seven Vietnamese into UK

Man to face trial for allegedly smuggling seven Vietnamese into UK

Anas Al Mustafa, from Heather Crescent, Swansea, is set to go on trial on August 5 for allegedly trying to smuggle seven Vietnamese migrants into the UK in the back of a specially adapted van.

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

UK firm Coro inks power purchase agreement with Vietnam retail major

UK firm Coro inks power purchase agreement with Vietnam retail major

UK-based Coro Energy PLC has signed an 11.2 U.S. cents per kWh power purchase agreement (PPA) with Vietnam’s Mobile World Group for a 50 MW rooftop solar power system.

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

Pharos Energy records 2023 revenue of $149 mln in Vietnam

Pharos Energy records 2023 revenue of $149 mln in Vietnam

Pharos Energy recorded a revenue of $149 million from its Vietnam operations in 2023, according to the London-headquartered firm’s statement.

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

Vietnam welcomes 12.6 mln foreign visitors, S Korea tops source markets

Vietnam welcomes 12.6 mln foreign visitors, S Korea tops source markets

Vietnam welcomed 1.4 million foreign visitors in December, and 12.6 million in all of 2023, up 93.9% and 240% year-on-year, respectively, the General Statistics Office reported Friday.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

London-based Actis exits Vietnam project after ‘successful’ $20 mln investment

London-based Actis exits Vietnam project after ‘successful’ $20 mln investment

London headquartered Actis has exited the An Phat 1 Industrial Park in Hai Duong province after selling its 49% stake in the facility to An Phat Holdings, its operating partner.

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

UK firms look to tap Vietnam energy transition opportunities

UK firms look to tap Vietnam energy transition opportunities

A UK Energy Mission of 14 firms arrived in Vietnam Friday, seeking cooperation opportunities arising from the country’s energy transition process.

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

Vietnam central province to revoke land from terminated oil refinery project

Vietnam central province to revoke land from terminated oil refinery project

Phu Yen province plans to reclaim 134 hectares of land that had been designated for the Vung Ro oil refinery after the investor terminated the project.

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

Coro Energy to install 50 MW of rooftop solar at Mobile World facilities

Coro Energy to install 50 MW of rooftop solar at Mobile World facilities

The UK-headquartered Coro Energy PLC will install 50 MW of rooftop solar at facilities operated by Mobile World Investment Corporation, one of the biggest electronics retailers in Vietnam.

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

UK launches phase 2 of Climate Finance Accelerator in Vietnam

UK launches phase 2 of Climate Finance Accelerator in Vietnam

The British Embassy in Hanoi has announced a new wave of capacity building support for low carbon projects that can benefit communities across Vietnam.

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

Vietnam shipyard to build vessel for British offshore wind services provider

Vietnam shipyard to build vessel for British offshore wind services provider

The Vard Vung Tau shipyard in southern Vietnam will build a new commissioning service operation vessel (CSOV) for UK-based offshore wind services provider Purus Wind.

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

Vietnam conglomerate Bitexco to acquire oil-gas Block 12W for $84 mln

Vietnam conglomerate Bitexco to acquire oil-gas Block 12W for $84 mln

Big Energy JSC under Vietnamese conglomerate Bitexco Group has announced it will acquire a stake in oil-gas Block 12W for $84 million.

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

Siemens joint venture eyes stake in Coro Energy’s Vietnam rooftop solar portfolio

Siemens joint venture eyes stake in Coro Energy’s Vietnam rooftop solar portfolio

Southeast Asia-focused energy company Coro Energy says it is in talks with Capton Energy for the latter to buy into and invest in its Vietnamese solar power portfolio.

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

UK joins CPTPP trade pact as new data shows major economic benefits

UK joins CPTPP trade pact as new data shows major economic benefits

Business and Trade Secretary Kemi Badenoch signed documents in New Zealand Sunday for the UK to become the 12th signatory to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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

Vietnam offers big investment opportunities in infrastructure: UK firm

Vietnam offers big investment opportunities in infrastructure: UK firm

Vietnam is in need of hundreds of billions of USD for infrastructure development by 2030, including $68 billion for transportation, $13.1 billion for clean water, and $24 billion for broadband development, said UK-based built environment consultant Arup.

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

British University Vietnam unveils $165 mln campus expansion

British University Vietnam unveils $165 mln campus expansion

British University Vietnam (BUV) announced a $165 million campus expansion plan on Thursday ahead of the 50th anniversary of Vietnam-UK diplomatic relations.

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

UK's Coro Energy acquires 2.4 MW rooftop solar portfolio in Vietnam for $1.3 mln

UK's Coro Energy acquires 2.4 MW rooftop solar portfolio in Vietnam for $1.3 mln

Rooftop solar power projects in Vietnam have been attracting foreign investors with the UK's Coro Energy acquiring a 2.39 MW portfolio for $1.3 million the latest example.

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

Britain’s Pharos Energy to extend oil exploration in Vietnam

Britain’s Pharos Energy to extend oil exploration in Vietnam

British oil and gas exploration and production company Pharos Energy has received the Vietnamese government’s approval for the two-year extension of phase one of the exploration period of the block 125 and 126 production sharing contract.

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

Standard Chartered Vietnam secures Global Custodian award

Standard Chartered Vietnam secures Global Custodian award

Standard Chartered Bank (Vietnam) has obtained the Consistent Excellence award at the Global Custodian Leaders in Custody Awards 2023.

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

John Swire & Sons explores investment opportunities in Binh Phuoc province

John Swire & Sons explores investment opportunities in Binh Phuoc province

UK-headquartered John Swire & Sons is looking for investment opportunities in southeastern Vietnam's Binh Phuoc province.

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

British International Investment re-enters Southeast Asia including Vietnam

British International Investment re-enters Southeast Asia including Vietnam

British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $15 million commitment to the SUSI Asia Energy Transition Fund, a Southeast Asia-focused energy transition infrastructure fund managed by Swiss-based firm SUSI Partners.

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

Vietnamese President attends King Charles III's coronation

Vietnamese President attends King Charles III's coronation

President Vo Van Thuong was among 100 heads of state at the coronation of King Charles III of the UK, held in Westminster Abbey in London on May 6 (local time), at the invitation of the UK Royal Family.

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

UK strikes deal to join CPTPP pact, boost trade with Indo-Pacific

UK strikes deal to join CPTPP pact, boost trade with Indo-Pacific

The British government announced Friday its conclusion of trade talks with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a vast free trade area spanning the Indo-Pacific, after 21 months of negotiations.

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

UK about to join Trans-Pacific trade pact CPTPP

UK about to join Trans-Pacific trade pact CPTPP

Britain, which sees the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), including Vietnam, as an important part of its post-Brexit trade plans, is expected to join the major trade pact in early April.

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

UK supports regional financial-business center development in Vietnam

UK supports regional financial-business center development in Vietnam

TheCityUK, an industry-led body representing UK-based financial and related professional services, has been appointed by the British government to support Vietnam’s ambitions of developing a regional financial and business center in Ho Chi Minh City.

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

Consumer finance firm F88 gets $60 mln loan to grow loan book

Consumer finance firm F88 gets $60 mln loan to grow loan book

Vietnamese financial services company F88 has secured a $60 million loan from Lending Ark Asia Secured Private Debt Funds and London-based Lendable to further expand its loan book, F88 said Friday.

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

Coro Energy operates pilot rooftop solar power project in Vietnam

Coro Energy operates pilot rooftop solar power project in Vietnam

Coro Energy has completed commissioning of its Vietnam rooftop solar pilot project, the UK-based energy firm announced Friday.

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

Remains found in UK burnt mill identified as Vietnamese man

Remains found in UK burnt mill identified as Vietnamese man

Human remains recovered from a burnt mill in Greater Manchester after a blaze that occurred on May 7 have been identified, through fingerprint analysis, as belonging to Uoc Van Nguyen, a Vietnamese man.

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

UK asks Vietnam to help identify Manchester fire victims

UK asks Vietnam to help identify Manchester fire victims

The UK police has sought Vietnam’s cooperation in identifying victims found in a burnt warehouse in Greater Manchester after a blaze that occurred on May 7.

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

Human remains found in UK burnt factory likely Vietnamese: police

Human remains found in UK burnt factory likely Vietnamese: police

Human remains found on July 23 at the scene of the Bismark House factory fire on Bower street, Oldham town in Greater Manchester may be related to the four missing Vietnamese, UK police said.

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

Masan’s German tungsten firm invests $53.3 mln in UK battery maker

Masan’s German tungsten firm invests $53.3 mln in UK battery maker

H.C. Starck Tungsten Powders has signed deals to invest £45 million ($53.34 million) in the UK-based fast-charging Li-ion battery solutions Nyobolt, the Vietnamese conglomerate Masan Group’s minerals unit said.

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

$134 mln UK fund to support Southeast Asia green financing

$134 mln UK fund to support Southeast Asia green financing

The Asian Development Bank and the UK Government have signed a memorandum of understanding to develop a trust fund of around $134 million to help ASEAN countries scale up green financing and embrace climate-resilient development.

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

Vietnam an inspiring, innovative economy: UK trade minister

Vietnam an inspiring, innovative economy: UK trade minister

Vietnam is an inspiring economy and the most typical example of development in Southeast Asia, says Anne Marie Trevelyan, the UK Secretary of State for International Trade.

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

Vietnam major new agri supplier to UK following bilateral FTA

Vietnam major new agri supplier to UK following bilateral FTA

Vietnam has emerged as a major Southeast Asian supplier of farm produce and aquaculture products to the UK following the UK-Vietnam Free Trade Agreement (UKVFTA).

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