The Hanoitimes - Hanoi`s four universities affirm their strategic partnership and commit themselves to ensure long-term and sustainable cooperation. Four Hanoi-based universities, including the University of Transport and Communications (UTC), the Hanoi University of Mining and Geology (HUMG), Thuy Loi University and the National University of Civil Engineering (NUCE), October 30 signed a agreement to promote strategic partnership among the members. Four universities in Hanoi signed strategic partnership agreement. Photo: VGP Under the agreement, the four universities affirm their strategic partnership and commit themselves to ensure long-term and sustainable cooperation. Through cooperation, the four will support each other to promote the strength of each member in the field of activities in accordance with their orientation to serve education needs. Specifically, they will develop cooperation in the fields of training, science and technology, student support … [Read more...] about Four universities in Hanoi signed strategic partnership agreement
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Masan Group and SK Group complete strategic partnership deal
Masan Group Corporation (HSX: MSN) today announced the completion of SK Group’s (SK Group) purchase of 109,899,932 treasury shares at VND100,000 ($4.4) per share, a total consideration of approximately $470 million. SK Group is now the largest foreign shareholder of Masan Group. SK Group is now a strategic partner of Masan Group Masan Group signed a strategic partnership agreement with SK Group on September 19. The agreement will enable the two parties to draw on each other’s strengths to accelerate Masan’s and SK’s respective growth strategies. The corporate groups aim to jointly pursue transformational business opportunities in Vietnam and to synergise existing business units. SK Group is one of the largest corporate groups in South Korea, with business across energy, chemicals, telecommunications, semiconductors, logistics, and services. SK Group operates globally across more than 40 countries and had a combined revenue of $141 billion as of the end … [Read more...] about Masan Group and SK Group complete strategic partnership deal
General Motors, VinFast sign strategic partnership agreement
Under the agreement, Vinfast will be the exclusive distributor of GM’s Chevrolet cars in Vietnam. Another highlight of the agreement is that General Motors transfer full ownership of its Hanoi factory to VinFast for the Vietnamese automaker to produce small cars under a GM global license. In addition to a factory in the northern province of Hai Phong, new production assembly line will be operated in middle of 2019 enhancing Vinfast’s production capability. With the agreement, GM will become a preferred automotive technology provider to VinFast, opening potential pathways for future product, creating opportunities to drive both brands forward. After the transfer, Chevrolet outlets in the country will open as normal and GM’s customers will enjoy all benefits of warranty and services through deals before, as well as spare parts of Chevrolet in future. It is scheduled that end of 2018, transfer of GM Vietnam including factory in Hanoi, authorized outlets and staffs will … [Read more...] about General Motors, VinFast sign strategic partnership agreement
Vinfast and GM signs landmark strategic partnership agreement
General Motors (GM) and Vinfast signed a landmark strategic partnership agreement which will drive the long-term growth and expansion of GM’s Chevrolet brand and Vinfast in Vietnam. Le Thi Thu Thuy, vice chairwoman of Vingroup cum president of Vinfast, and Barry Engle, excecutive vice president cum president of GM International As part of the alliance, Vinfast will become the exclusive distributor of Chevrolet cars in Vietnam. Using Vingroup’s unmatched domestic retail presence and the existing Chevrolet dealership network, Vinfast will drive the Chevrolet brand forward while rapidly expanding its own local operations and leading the Vietnamese automotive industry into a new era. Vinfast will assume ownership of the GM Hanoi factory and will implement an investment programme to build an all-new, global small car licensed from GM and manufactured and sold under the Vinfast brand. The production of this vehicle is expected to begin in the first half of 2019, … [Read more...] about Vinfast and GM signs landmark strategic partnership agreement
VinFast, GM sign strategic partnership agreement
Viet Nam News HÀ NỘI — VinFast and General Motors (GM) announced Thursday a landmark strategic partnership agreement aimed at driving long-term growth and expansion for GM’s Chevrolet brand and VinFast in Việt Nam. As part of the alliance, VinFast, a subsidiary of Vingroup, will become the exclusive distributor for the Chevrolet brand in Việt Nam. Using Vingroup’s unmatched domestic retail presence and the existing Chevrolet dealer network, VinFast will drive the Chevrolet brand forward while rapidly expanding its own local operations and leading the Vietnamese automotive industry into a new era. VinFast will assume ownership of GM’s Hà Nội factory, and will implement a significant investment programme to build an all-new, global small car licensed from GM which will be manufactured and sold under the VinFast brand. Production of this vehicle will begin in 2019, greatly increasing capacity and output at … [Read more...] about VinFast, GM sign strategic partnership agreement