Tag Archives: Vietnam

LEGO Group Strengthens Global Supply Network with Strategic Expansion and Enhanced Regional Operations

(IN BRIEF) The LEGO Group has structured its supply chain into regional networks, positioning factories and distribution centres across three continents. This system enhances responsiveness to market changes while reducing transportation emissions. Currently, the company operates six factories in Denmark, … Read the full press release

LEGO Group Unveils Eco-Innovative Manufacturing Hub in Vietnam to Empower Community and Enhance Global Play

(IN BRIEF) The LEGO Group officially opened its new LEGO Manufacturing Vietnam facility in Binh Duong province, marking its sixth global site and second plant in Asia. The ceremony, which included notable figures such as Vietnam’s Deputy Prime Minister Mai … Read the full press release

SUEZ and Sonadezi Forge First Industrial Park Venture in Vietnam to Boost Sustainable Growth

(IN BRIEF) SUEZ has partnered with Sonadezi, a state-owned enterprise managing 11 industrial parks in Vietnam, to provide integrated environmental solutions at the largest industrial park in South Vietnam. This joint venture is SUEZ’s first in Vietnam’s industrial park sector … Read the full press release

Vietnam Assembly Revolution: Škoda Taps Indian CKD Synergy for Local Auto Production

(IN BRIEF) Škoda Auto, in partnership with Thanh Cong Group, has inaugurated a new assembly facility in Vietnam that will locally produce the Slavia and Kushaq models from CKD kits sourced from Pune, India. The plant, located in Quang Ninh … Read the full press release

DHL Global Forwarding Advocates for ‘China Plus X’ Strategy to Strengthen Global Supply Chains

(IN BRIEF) DHL Global Forwarding’s latest white paper emphasizes the importance of adopting multi-shoring strategies, expanding beyond the traditional “China Plus 1” model to include several global regions. The “China Plus X” approach aims to diversify production and supplier locations, … Read the full press release

CMA CGM Unveils Zero-Emission E-Barge in Vietnam to Support Sustainable Inland Waterway Transport

(IN BRIEF) CMA CGM Group has introduced a zero-emission electric barge in Vietnam, powered entirely by batteries and supported by a new solar farm at the Gemalink terminal. The e-barge will transport goods between Binh Duong and Cai Mep, reducing … Read the full press release

Maersk Launches First Bonded Warehouse in Vietnam, Boosting Logistics Hub in Hai Phong

(IN BRIEF) Maersk has inaugurated its first bonded warehouse in Northern Vietnam at SLP Park in Hai Phong, a key logistics hub in the region. The facility, equipped with advanced inventory and energy-saving technology, enhances Maersk’s storage and logistics capabilities, … Read the full press release

ANDRITZ Expands Tissue Production in Vietnam with Successful Start-up of Fifth Machine at Xuan Mai Paper Mill

(IN BRIEF) ANDRITZ has successfully started up its fifth PrimeLineCOMPACT S 1800 tissue machine at Xuan Mai Paper mill in Ho Chi Minh City, Vietnam, significantly increasing the mill’s production capacity. The machine produces high-quality tissue from virgin or deinked … Read the full press release

Viettel Expands Ericsson Partnership with Major 5G Rollout Across Vietnam, Strengthening Digital Innovation

(IN BRIEF) Viettel, Vietnam’s leading telecom company, has expanded its partnership with Ericsson through a new contract for nationwide 5G deployment. Under the agreement, Ericsson will lead the rollout of Viettel’s 5G Radio Access Network (RAN), covering key regions such … Read the full press release

VARD Signs Contract for Advanced Energy Construction Vessel for Wind Energy Construction AS

(IN BRIEF) VARD, a subsidiary of the Fincantieri Group, has signed a contract to design and build an advanced Energy Construction Vessel (ECV) for Wind Energy Construction AS, with delivery slated for Q2 2027. The vessel, built at Vard Vung … Read the full press release

Unilever’s Pureit Water Purification Business Acquired by A. O. Smith

(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release

Vietnam Airlines Makes History with First Sustainable Aviation Fuel Flight

(IN BRIEF) Vietnam Airlines achieved a significant milestone by operating its inaugural flight fueled by Neste MY Sustainable Aviation Fuel™, becoming Vietnam’s first airline to utilize sustainable aviation fuel (SAF) for commercial passenger flights. The Airbus A321, departing from Changi … Read the full press release

BII and FMO Join Forces to Propel BECIS’ Clean Energy Expansion in South and South-East Asia

(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release

Kuehne+Nagel Strengthens Cross-Border Road Logistics with City Zone Express Acquisition

(IN BRIEF) Kuehne+Nagel has announced its acquisition of City Zone Express, a subsidiary of Chasen Holdings Ltd., expanding its cross-border road logistics services in Southeast Asia and China. City Zone Express, with operations across Malaysia, Singapore, Vietnam, Thailand, and China, … Read the full press release

Vietjet Air and Airbus Strike Landmark Deal for A330-900 Widebodies

(IN BRIEF) Vietjet Air has inked a significant Memorandum of Understanding (MoU) with Airbus, marking the airline’s inaugural foray into widebody aircraft with the purchase of 20 A330-900s. Intended to bolster Vietjet’s long-range and regional operations, these A330neo additions will … Read the full press release

Iberdrola Secures €300 Million Loan from World Bank’s IFC for Renewable Projects in Fossil Fuel-Dependent Nations

(IN BRIEF) Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant … Read the full press release

Škoda Auto Expands Production and Export Capabilities with New Parts Expedition Centre in India

(IN BRIEF) Škoda Auto has inaugurated a new Parts Expedition Centre in Pune, India, with a 16,000-square-meter facility dedicated to packaging completely-knocked-down (CKD) kits of the Kushaq and Slavia models produced in India. These kits will be exported to Vietnam … Read the full press release

EIB Engages in ASEAN Summit, Prioritizing Sustainable Investments and Green Transition

(IN BRIEF) The European Investment Bank (EIB) participated in the 43rd ASEAN Summit and related ASEAN Indo-Pacific Forum, focusing on sustainable initiatives, economic growth, and climate action in ASEAN countries. Vice-President Kris Peeters highlighted the EIB’s commitment to supporting green … Read the full press release

Ericsson and RMIT Launch AI Lab in Hanoi, Accelerating Industry 4.0 and Digital Transformation in Vietnam

(IN BRIEF) Ericsson and RMIT University have partnered to establish the RMIT & Ericsson AI Lab at RMIT’s campus in Hanoi, Vietnam. This collaboration builds on their existing 5G education partnership, aiming to educate Vietnamese students about 5G and emerging … Read the full press release

HKB-Hoa Lu Paper and ANDRITZ Collaborate Successfully on High-Quality OCC Line in Vietnam

(IN BRIEF) HKB-Hoa Lu Paper Co., Ltd. has successfully launched an OCC (old corrugated containers) line and reject treatment system provided by ANDRITZ at its mill in Nho Quan District, Ninh Binh Province, Vietnam. The new line has a processing … Read the full press release