Category: Vietnam

Why did Lego choose Vietnam for its first carbon neutral plant? Last week, popular Danish toymaker Lego Group announced plans to build a new manufacturing operation in Vietnam, signed through a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP). According to Lego, they plan to invest over US$1 billion into […]

Lego to build $1-bln toy plant in Vietnam’s southern province of Binh Duong Danish toy company Lego Group will build a $1-billion plant in the southern province of Binh Duong in the second half of next year. It signed a memorandum of understanding Wednesday with the Vietnam-Singapore Industrial Park Joint Venture Company to build the […]

$479 mln industrial hub planned for Vietnam’s northern city of Hai Phong Construction of a VND11 trillion ($479.2 million) non-tariff logistics and industrial hub in the northern city of Hai Phong is set to begin early next year. The city has greenlighted Xuan Cau – Lach Huyen Investment JSC to construct the Lach Huyen hub, […]

Sembcorp Utilities and BCG Energy aim to develop 1.5 GW of renewables in Vietnam Sembcorp Utilities, a unit of Singapore’s Sembcorp Industries Ltd (SGX:U96), and BCG Energy, the renewables business of Vietnam’s Bamboo Capital Group, have teamed up to develop up to 1.5 GW of wind and solar projects in Vietnam. Under a collaboration agreement […]

Vietnam’s 48MW Tra Vinh Wind Power intertidal project has achieved commercial operation Modern Energy Management (MEM) has achieved commercial operation for the 48MW Tra Vinh Wind Power (TWPC) intertidal wind farm project in Vietnam on behalf of project investors Climate Investor One and ST International. Climate Investor One (CIO) is a blended finance facility delivering […]

Hanoi’s Chuong Duong Bridge undergoes damage inspection before major renovation The management unit of the Chuong Duong Bridge is waiting for the level of deterioration and damage to be assessed by professionals before finalizing its renovation plan. It is expected that by the end of December, the inspections will be completed and the company can […]

Vietnam’s metro system is a tale of two late trains The new Hanoi subway line debuted in November 2021 despite bloated budgets and delays continuing to slow the nation’s mass transit development By the southeastasiaglobe.com Vietnam’s first metro rolled into operation on 6 November 2021 after a decade of delays and ballooning costs. A 23-minute […]

Marubeni signed a Corporate Power Purchase Agreement with Ajinomoto Vietnam for a Rooftop Solar PV System Marubeni Corporation (hereinafter, “Marubeni”) signed a corporate power purchase agreement (hereinafter “Corporate PPA”) with Ajinomoto Vietnam Co., Ltd. (hereinafter, “AVN”) through Marubeni Green Power Vietnam Co., Ltd (hereinafter, “MAGPOV”), a wholly owned subsidiary of Marubeni in which MAGPOV will […]

TotalEnergies to install 1.7-MWp rooftop solar array in Vietnam French energy major TotalEnergies SE (EPA:TTE) will build a 1.7-MWp solar array on a rooftop of a footwear factory owned by China’s Huali Industrial Group Co Ltd (SHE:300979) in Vietnam. TotalEnergies said today it was hired to build and operate the photovoltaic (PV) system at Huali’s […]