German yarn maker Sudwolle subsidiary to raise Vietnam investment to $51.6 mln

German yarn maker Sudwolle subsidiary to raise Vietnam investment to $51.6 mln

Dalat Worsted Spinning (DWS), under German yarn maker Sudwolle, has received approval to raise its investment in a sheep wool yarn spinning factory in the Central Highlands province of Lam Dong to $51.6 million.

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

Singapore firm invests $29 mln in northern Vietnam fiber project

Singapore firm invests $29 mln in northern Vietnam fiber project

Singapore’s Sanbang PTE. Ltd. has been licensed to invest $28.7 million in a fiber project in Nam Dinh province.

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

German yarn maker Sudwolle launches $50 mln Vietnam factory

German yarn maker Sudwolle launches $50 mln Vietnam factory

Leading German yarn maker Sudwolle has inaugurated a $50 million sheep wool yarn spinning factory in the Central Highlands province of Lam Dong.

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

China’s reopening a double-edged sword for Vietnam’s textile sector

China’s reopening a double-edged sword for Vietnam’s textile sector

As China reopens its economy, Vietnam’s textile-apparel sector will have the opportunity to start exporting to its northern neighbor again, but will also face competition from its main export rival to the U.S. market.

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

Yarn maker to buy rooftop electricity from VinaCapital solar unit

Yarn maker to buy rooftop electricity from VinaCapital solar unit

The Huong Sen Comfor Company and SkyX Solar of investment fund VinaCapital signed Tuesday a power purchase agreement (PPA) for electricity generated from the former's rooftop solar system installed by the latter.

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