Keppel, MHI and DNV cooperate to explore adoption of ammonia-fired gas turbine on Jurong Island
In a Memorandum of Understanding (MoU) signed recently, Keppel New Energy Pte Ltd, a wholly owned subsidiary of Keppel Infrastructure; Mitsubishi Heavy Industries, Ltd. (MHI); and DNV, a global independent energy expert and assurance provider, announced a
Fertilizer firm displays production, business creativity
Despite difficulties in the production and business situation of the fertilizer industry as a whole, the Van Dien Fused Magnesium Phosphate Fertilizer Joint Stock Company (VADFCO) has made great efforts to complete its assigned tasks.
Foreign trade value to exceed US$700 billion
(VEN) - Given impressive growth in recent times, Vietnam’s foreign trade value in 2022 is expected to exceed US$700 billion. Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT), discussed these re
Waldorf Astoria enters Vietnam with signing of Waldorf Astoria Hanoi
Hanoi, 11 October 2022 – Waldorf Astoria Hotels & Resorts, Hilton’s (NYSE: HLT) iconic luxury hotel brand, today announced its entry into Vietnam with the signing of Waldorf Astoria Hanoi. The hotel, owned by BRG Group and managed by Hilton, continues the
Vinafor Saigon: High quality is the key
(VEN) - Maintaining high product quality has helped Vinafor Saigon become a leading wood brand favored by major markets worldwide.
Inflation kept down at below four percent
(VEN) - Given the inflation results of the first eight months and price changes during the final months of previous years, economists forecast Vietnam’s 2022 inflation rate will be about 3.3-3.8 percent, below the four percent target. However, inflationar
ASEAN ministers seek joint response to challenges
(VEN) - Economic Ministers of the Association of Southeast Asian Nations (ASEAN) noted the strong rebound of trade and investment within the bloc as they met in Cambodia in mid-September for their 54th annual meeting. Minister of Industry and Trade Nguyen
Ørsted and T&T Group hold workshop on offshore wind power development
On 7 October 2022, global offshore wind leader Ørsted and T&T Group, Vietnam’s leading renewable energy developer, hosted a workshop in Hanoi for high-potential local suppliers of foundations and mechanical fabrication services.
Taking advantage of Pacific Rim trade deal
(VEN) - Vietnamese businesses have been gradually adapting to the Pacific Rim trade treaty since it took effect in Vietnam on January 14, 2019. However, the potential of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has
Industrial production forecast to exceed targets
(VEN) - The Ministry of Industry and Trade (MoIT) has outlined scenarios for economic growth in the third and fourth quarters of 2022 and proposed major measures to achieve desired results.
Nestlé launches NESCAFÉ Plan 2030 worth more than CHF1 billion
Nestle’s largest coffee brand and one of the world’s favorite coffees, has outlined its extensive plan to help make coffee farming more sustainable: the NESCAFÉ Plan 2030. The brand is working with coffee farmers to help them transition to regenerative ag
Nestlé launches NESCAFÉ Plan 2030 with total investment of more than CHF 1 billion
Nestle’s largest coffee brand and one of the world’s favorite coffees, has outlined its extensive plan to help make coffee farming more sustainable: the NESCAFÉ Plan 2030. The brand is working with coffee farmers to help them transition to regenerative ag
Overcoming low export value challenge
(VEN) - Vietnam’s import-export value in the first eight months of 2022 totaled US$499.71 billion. The sum included nearly US$252.6 billion worth of exports and US$247.11 billion worth of imports. Despite a trade surplus of US$5.49 billion, foreign trade
Standardizing production to boost exports to EU
(VEN) - Vietnam has signed 15 free trade agreements (FTAs) and is negotiating two additional ones. These trade deals, especially the EU-Vietnam Free Trade Agreement (EVFTA), have greatly helped Vietnam’s import-export activities.
Illumina unveils NovaSeq X Series to accelerate genomic discoveries and improve human health
(VEN) - Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today announced the launch of the NovaSeq™ X Series (NovaSeq X and NovaSeq X Plus), new production-scale sequencers that will push the limits of what is
Standard Chartered named Best ESG Bank in Vietnam in 2022
(VEN) - Standard Chartered Bank Vietnam has been named the Best ESG Bank in Vietnam in 2022” by Asiamoney. The award recognises the Bank’s outstanding efforts in driving the application of Environmental Social and Governance in Vietnam.
