Apple supplier BOE begins building $275 mln project in southern Vietnam
BOE Technology Group, a Chinese electronic components producer, kicked off the construction of a $275 million project in Vietnam’s southern coastal province of Ba Ria-Vung Tau on Thursday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
CS Wind’s Vietnam unit to deliver wind turbines to South Korea project
CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, has held a ceremony for delivery of first wind turbines from its factory in Vietnam’s southern province of Ba Ria-Vung Tau to South Korea’s southwestern province of Jeonnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
The $5.4 billion Long Son Petrochemicals Complex (LSP) in Vietnam’s southern province of Ba Ria-Vung Tau has experienced an unexpected technical setback during a test run of the whole complex.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Russia's Zarubezhneft to harvest offshore Vietnam gas field from 2025
Russia’s state-owned Zarubezhneft will begin to harvest next year the 10.03 billion cubic meter Thien Nga-Hai Au gas field, 320 kilometers southeast off the southern province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
AG&P LNG acquires 49% stake in Vietnam LNG terminal
Singapore-headquartered AG&P LNG, a subsidiary of the U.S.-based Nebula Energy, has acquired a 49% stake in Cai Mep LNG terminal in the southern province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand’s WHA plans to build 1,200 hectare industrial park in southern Vietnam
Thailand's WHA Industrial Development plans to build a smart and eco-friendly industrial park in Vietnam’s southern province of Ba Ria-Vung Tau, covering 1,200 hectares.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thermal power plant transferred to state utility EVN after BOT contract ends
The 715 MW Phu My 3 thermal power plant has been transferred to state utility Vietnam Electricity (EVN) for ongoing operation after its build-operate-transfer (BOT) contract ended.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand’s Centara Hotels & Resorts to launch 3 new properties in Vietnam
Centara Hotels & Resorts, a leading Thailand-based hotel chain under conglomerate Central Group, plans open three new “distinctive properties” in Vietnam as part of its portfolio diversification strategy.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
$5.4 bln Long Son Petrochemicals Complex eyes full capacity operations this month
The $5.4 billion Long Son Petrochemicals Complex (LSP) in the southern province of Ba Ria-Vung Tau targets full capacity operations later this month, CEO Kulachet Dharachandra said Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam, PTSC must establish renewable energy hub in southern Vietnam: Deputy PM
State-owned Petrovietnam and its technical arm PTSC should cooperate with localities to establish a renewable energy hub in the southern region, said Deputy Prime Minister Tran Hong Ha.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Beach destinations remain popular choices for Vietnamese travelers over Tet holidays
Da Lat, Nha Trang and Danang remain the top 3 most searched destinations offering a harmonious combination of stunning natural beauty, beautiful beaches and vibrant cultures to celebrate the Lunar New Year holiday (Tet), according to Booking.com.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hyosung plans $400 mln aviation fuel investment in southern Vietnam
South Korean industrial chaebol Hyosung plans to invest $400 million in a hydro-treated vegetable oil (HVO) project for manufacturing aviation fuel in the southern coastal province of Ba Ria-Vung Tau.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
Water supply to Formosa-invested industrial park cut over unpaid bills
Phu My Water Supply JSC, a local firm in the southern province of Ba Ria-Vung Tau, has cut water supply to the My Xuan A2 Industrial Park over unpaid bills.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
$5.4 billion petrochemicals complex to begin commercial operations in March
The $5.4 billion Long Son Petrochemicals Complex, invested by Thailand’s SCG Chemicals, began a full trial run last month towards commercial operations in March 2024.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
2023: energy, electronics sectors shine bright as Vietnam attracts huge foreign investments
Energy and electronics sectors hogged the limelight as registered foreign direct investment (FDI) in Vietnam reached $36.6 billion this year through December 20, up 32.1% year-on-year.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
$5.4 bln Long Son Petrochemicals complex initiates full trial run
The $5.4 billion Long Son Petrochemicals Complex started a full trial run in Vietnam’s southern province of Ba Ria-Vung Tau on Monday, with the participation of Ba Ria-Vung Tau Chairman Nguyen Van Tho.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea’s Hyosung plans $720 mln additional investment in Ba Ria-Vung Tau province
South Korea’s industrial chaebol Hyosung plans to invest $720 million more in Vietnam’s southern province of Ba Ria-Vung Tau in a biofiber factory, said a delegation from the firm.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore animal feed maker Entobel opens Asia largest insect protein plant in Vietnam
Singapore-based animal feed maker Entobel, a global leader in the production of functional insect protein for animal and plant nutrition, opened its new black soldier fly (BSF) production plant in Vietnam on Thursday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should build clear legal framework for green industrial parks: Phu My 3 IP chairwoman
Vietnam should build a clear legal framework to facilitate the green growth of industrial parks, such as penalizing investors for failing to meet their green growth requirements, said Nguyen Thi Thao Nhi, chairwoman of industrial real estate developer Thanh Binh Phu My JSC.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam operations result in $900 mln revenue for Thai giant SCG in Jan-Sep
Thailand’s Siam Cement Group (SCG) earned a revenue of THB379.03 billion ($10.67 billion) in the first nine months of this year, down 15% year-on-year, including THB31.98 billion ($900.6 million) from Vietnam, down 30%, according to its latest report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long Son Petrochemicals complex to begin trial run next month
The $5.4 billion Long Son Petrochemicals Complex is set to begin full trial run in November, towards commercial operation in January 2024, a Long Son Petrochemicals Co. (LSP) leader said Monday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dutch firm plans $122 mln waste-to-power plant in southern Vietnam
Dutch firm Harvest Waste B.V is planning to build a VND3 trillion ($122.3 million) waste-to-power plant in the southern coastal province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ba Ria-Vung Tau province okays $540 mln Hyosung carbon fiber factory
South Korean giant Hyosung has received in-principle approval from Ba Ria-Vung Tau's industrial park authority to build a $540 million carbon fiber factory in the southern coastal province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Lubrication giant Fuchs opens $10 mln factory in southern Vietnam
Germany-headquartered Fuchs, a top supplier of lubrication solutions, opened Thursday a EUR9 million ($9.7 million) factory in the southern coastal province of Ba Ria-Vung Tau.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Da Nang tops Vietnamese travel destination list for Independence Day: Booking.com
Da Nang is proving to be the most popular travel destination for Vietnam's Independence Day holiday, followed by Vung Tau and Nha Trang, according to Booking.com.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
Japanese firm eyes $30 mln polysilicon plant in southern Vietnam
Japanese chemical company and silicon maker Tokuyama Corporation plans to build a $30 million polysilicon plant in the southern coastal province of Ba Ria-Vung Tau.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
VietinBank extends $120 mln credit line to Long Son Petrochemicals
VietinBank, one of Vietnam’s “Big 4” banks, and Long Son Petrochemicals (LSP), invested by Thailand's The Siam Cement Group (SCG), signed a $120 million credit agreement on Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should open up wholesale electricity market: Long Son petrochemical complex
Vietnam should open up the wholesale electricity market mechanism, Long Son Petrochemicals Complex (LSP), invested by Thailand's The Siam Cement Group (SCG), proposed on Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Posco’s Vietnam subsidiary records $9 mln operating profit in H1
Posco Yamato Vina Steel JSC, a subsidiary of South Korea’s major steelmaker Posco, recorded operating profits of $5 million in the first quarter and $4 million in Q2 of this year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Santorini-style seaside apartments in Vung Tau offer handsome tourism returns
As the only tourism apartment complex on Ha Long street in Vung Tau town, the Santorini-style Leman Cap Residence offers investors a great opportunity to reap handsome returns, its developers say.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Léman Cap Residence sponsors beach clean-up in southern Vietnam
Over 100 staff and partners of Léman Cap Residence, a resort apartment project, cleaned up the Vung Tau beach Monday by picking up trash and other waste.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam shipbuilding sector comes of age
Vietnam's shipbuilding industry is developing rapidly with facilities built for companies from Europe and South Korea, among others.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam shipyard to build vessel for Britain’s North Star
The Vard Vung Tau shipyard in southern Vietnam has held a steel cutting ceremony to start work on a service operation vessel (SOV) – a means of transport that can serve as a hotel, warehouse, workshop, or temporary home.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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