Pune smart city development corporation limited

Vietnam’s JETP plan must cover energy efficiency, storage, and more, photo Le Toan European Investment Bank (EIB) vice president Kris Peeters told VIR when he visited Vietnam last week that the non-profit credit institution and lending arm of the EU is eager to meet with partners in Vietnam to provide more green loans for environmentally friendly projects in various sectors from transport, water treatment, and smart urban development to renewable energy and infrastructure. “We have been providing loans for seven projects in Vietnam with total loans of €561 million ($602.8 million), and we hope the figure will double in the coming time,” Peeters said. Last year, the EIB invested over €70 billion ($75.2 billion) in many green projects worldwide. “We want to increase our investment portfolio and Vietnam is also on our priority list, as the country’s economy is going green, meaning the growing need for relevant projects in many sectors,” Peeters said. “Vietnam is an important … [Read more...] about Development banks extend role in green-related loans

Lam Nguyen Hoang Thao, senior associate at law firm Russin & Vecchi The central provinces of Thanh Hoa and Nghe An are looking for the government’s green light to convert some coal-fired power projects into liquefied natural gas (LNG) -to-power one. How do you think this trend is panning out in Vietnam so far? I believe that the trend of converting coal-fired power to LNG-to-power plants in Vietnam is a very positive development. The Power Development Plan VIII (PDP8) called for a reduction in the use of coal and an increase in the use of cleaner fuels. The nation’s goal is to make the transition to green, renewable energy including solar, wind, biomass, ammonia, hydrogen, and nuclear energy. However, the road to reach these goals is still long and uncertain. Vietnam still has limited ability to supply energy from biomass and green ammonia due to the limitation of technology, expertise, and due to the related high production costs. Similarly, with hydrogen, the … [Read more...] about The key factors to take into account for switch to LNG

The 172-room hotel – HIIVE by Fusion Binh Duong – is located in Vietnam-Singapore Industrial Park 1 in Thuan An of Binh Duong province. Created for business travellers around industrial and logistic hubs, the hotel is near AEON Mall, Song Be Golf Resort, and just an hour from Ho Chi Minh City’s international airport. The opening of HIIVE by Fusion Binh Duong will mark the new brand’s Southeast Asia debut With interiors and facilities to support both work and leisure travel, the HIIVE hotel features spacious rooms for longer stays, flexible meeting rooms, coworking spaces, an all-day dining restaurant, a sports bar, a golf simulator, a 24-hour fitness centre, and guest laundry facilities on every floor. “There has been a steady increase in foreign investment and business travel into Vietnam, with Binh Duong quickly emerging as a main manufacturing hub located just outside Ho Chi Minh City,” said Christopher Hur, president of Lodgis Hospitality, the parent company of … [Read more...] about Fusion Hotel Group launches business hotel brand

Industrial parks in Haiphong to receive $1.3 billion This capital is divided into 14 projects, mainly invested by companies from South Korea, Japan and Singapore. The first one is the Ecovance high-tech biodegradable materials factory project of SK Group (South Korea) with the total registered capital of $500 million. The project will produce biodegradable materials, covering an area of 32,000 square metres at Dinh Vu Industrial Park. The expansion of SK is the result of the signing of a comprehensive business agreement on “eco-friendly, high-tech material” between SKC – a subsidiary of SK Corporation and Haiphong People’s Committee in June in Seoul. Based on this agreement, SKC plans to incrementally review investments in eco-friendly materials and future advanced materials businesses in the port city. The HEZA will also award an investment registration certificate for the expansion of the office machinery and equipment manufacturing project, which is invested by Kyocera … [Read more...] about Industrial parks in Haiphong to receive $1.3 billion in investment

The Toronto-based Avison Young announced its expansion into the Vietnamese market on September 20 through a strategic affiliation agreement with the Ho Chi Minh City- and Hanoi-based D&P Company. The commercial real estate company is establishing a presence in Southeast Asia for the first time. Its services include valuations and advice, industrial and office leasing, as well as property and asset management. The offices in Hanoi and Ho Chi Minh City will be led by David Jackson (right) and Peter Dinning (left), who will be joining as principals, with Jackson taking on the role of CEO and Dinning acting as chairman Mark E. Rose, chairman and CEO of Avison Young, said that, with the fast growth in Vietnam, the company is incredibly excited to expand the Avison Young network into the Asia-Pacific real estate market through this affiliation with D&P. “Vietnam's robust economy and dynamic real estate sector offer tremendous opportunities for us to deliver … [Read more...] about Avison Young enters Vietnam’s real estate market

This is the first year the CTO Summit Technology Leadership Conference has been organized at the annual AI event to honor enterprises with a technology-rich working environment. WD, Heineken, VNPT, FPT's representatives receive the award as the best technology environment enterprises at Vietnam Artificial Intelligence Day 2023 on September 22, 2023. Photo by VnExpress/Quynh Tran Launched in mid-July, the award received more than 50 nominations and 17 were shortlisted for the next round. FPT FPT is one of the pioneering enterprises in technology and digital transformation in Vietnam. The company has representative offices in 29 countries and territories. The group has invested trillions of dong to create comfortable office complexes and offices with utility ecosystems to meet employees' demand for working, entertainment, studying, and accommodation. One of FPT's unique cultures is the core staff training program, which helps young talents enhance their skills … [Read more...] about 6 Vietnam companies with exemplary technology environments in 2023

Vietnamese Prime Minister Pham Minh Chinh during his receptions for leaders of several global and U.S. corporations on Thursday afternoon (local time), such as Apple, Boeing, Google, and Siemens proposed them to expand their businesses in Vietnam. Nick Ammann, vice president for global government affairs at Apple, and an Apple high-ranking delegation said Vietnam is an important market and has much potential for cooperation. Apple is interested in clean energy strategies and the approach to clean energy for Apple contract manufacturers in Vietnam, Ammann said. The Apple representative also wanted to jointly organize training programs for software personnel in Vietnam, which has developed strong human resources in the digital economy. PM Chinh congratulated Apple on its achievements in Vietnam and around the world, adding that he welcomes businesses that enhance the use of clean energy and training for human resources in the hi-tech sector to invest in Vietnam. The Vietnamese … [Read more...] about PM Pham Minh Chinh calls on US enterprises to expand business in Vietnam

A worker collecting latex at a plantation of Vietnam Rubber Group. The company's shares lost nearly 6 per cent on Friday, adding pressure to the market's downtrend. —VNA/VNS Photo Vũ Sinh The market ended the week on a negative note, weighed by strong profit-taking pressure, with the VN-Index breaking below the 1,200 point-level. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) dipped 19.69 points, or 1.62 per cent, to 1,193.05 points. This is the biggest daily loss since March 20. The index plunged nearly 13.4 points on Wednesday after recovering over 14.6 points in the previous session. On the southern bourse, up to 292 stocks went down, while only 48 ticked up. Meanwhile, liquidity soared to more than VNĐ32 trillion, of which the trading value increased more than 40.3 per cent from the previous session to VNĐ32.3 trillion (US$1.32 billion). This was equal to a trading volume of nearly 1.4 billion shares. The VN30-Index, which tracks the 30 biggest stocks on … [Read more...] about VN-Index loses the threshold of 1,200 points