Norway is willing to share experiences and cooperate with Vietnam in the field of offshore wind power, said State Secretary of the Norwegian Ministry of Foreign Affairs Erling Rimestad at a meeting with Deputy Minister of Industry and Trade Dang Hoang An in Hanoi on March 1. Norway eyes cooperation with Vietnam in offshore wind power. Illustrative image (Source:...

Gelex recently collaborated with Frasers Property Vietnam to develop high-quality industrial zones in north Vietnam with a total investment of 250 million USD (6 trillion VND). Inside a Ready Built Factory of Frasers Property Vietnam. (Photo courtesy of the company)   The goal of bilateral corporation is to develop high-quality industrial zones, meeting the green construction standards in...

The Vietnam Trade Promotion Centre for Agriculture (Agritrade) on February 28 signed a deal on strategic cooperation with TikTok to improve the digital transformation capacity for the small- and medium-sized enterprises (SMEs) and cooperatives taking part in the One Commune, One Product (OCOP) programme. The cooperation signing ceremony between Agritrade and TikTok on February 28 (Photo: VNA) Accordingly, TikTok...

The Vietnam Oil and Gas Group (Petrovietnam) and a joint venture between the Trading Construction Works Organisation (WTO) and Japan’s Marubeni Corporation signed a gas sale heads of agreement for O Mon II Thermal Power Project on February 22. Signing ceremony of gas sale heads of agreement (Photo: Petrovietnam) The main content of this heads of agreement is...

The Piaggio Vietnam Co. Ltd has raised its investment in the northern province of Vinh Phuc by 75 million USD to 165 million USD to expand operations. Binh Xuyen Industrial Park in Binh Xuyen district, Vinh Phuc province (Photo: VNA) The Italian-invested motorcycle producer received a certificate for its investment adjustment registration from the Vinh Phuc management board...

Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion THB (1.45 billion USD) in the 2023-2027 period to accelerate its market presence in the country. Central Retail Corporation sees Vietnam as a high-potential market that posted continuous economic growth. (Photo: VNA) According to CEO of CRC Yol Phokasub, the...

TMT Automobile Joint Stock Company (TMT Motors) on February 18 announced that it has signed a strategic cooperation agreement with the joint venture of General Motors (GM) and SAIC - WULING on the manufacturing, assembling and exclusively distributing of electric vehicles of GM and SAIC - WULING in Vietnam. Wuling HongGuang MiniEV model (Photo: VNA) Under the agreement, GM...

The Sherpa Company Limited, a subsidiary of Masan Group Corporation (Masan), received a licence to invest in Singapore at a ceremony on February 10. At the licence handover ceremony (Photo: VNA) The investment is worth up to 105 million USD for 25% of share ownership of Trust IQ Pte. Ltd. (TS), a Singapore-based tech company, equivalent to 9,388,756 shares....

VinaCapital Ventures, a technology-focused venture capital fund of the Ho Chi Minh City-based VinaCaptial Group, has announced an investment of 1 million USD into Koina, an agritech startup founded in Vietnam. A tomato farm in Don Duong district, Lam Dong province, joining the platform of Koina (Photo courtesy of Koina) The investment from VinaCapital Ventures is part of Koina’s...

Accor Vietnam and IHG Hotels & Resorts – the world’s leading hotel businesses operating in Vietnam announced that they intend to double the number of international-standard hotels in the Southeast Asian nation in the next five years. Accor Vietnam intends to double the number of international-standard hotels in Vietnam. - Illustrative image (Photo: baodautu.vn) Representatives of Accor and...