Several foreign firms have recently acquired stakes in Vietnamese food processing enterprises, showing the local food industry’s increasing attractiveness. CJ Cheil Jedang (CJ) of the Republic of Korea (RoK) purchased 71.6 percent of shares of the Cau Tre Export Goods Processing JSC (Cau Tre) – a prestigious food processor in Vietnam. Previously, it also bought Minh…
The Hanoitimes – This information was said by Mr. Jean Pierre Malgouyres, Chairman of the European Business Network in Vietnam during a seminar on introducing the Food and Drinks market in Vietnam held in HCM City on February 28. The European Business Network in Vietnam is organising the trade promotion programmes in food and beverages…
Siam Cement Public Co. Ltd. (SCG) subsidiary Vina SCG Chemicals Co. Ltd. (VSCG) has entered a share purchase agreement with Qatar Petroleum International Ltd. (QPI) to acquire all of subsidiary QPI Vietnam Ltd.’s (QPIV) 25% equity stake in Long Son Petrochemical Co. Ltd.’s (LSP) long-delayed project to build Vietnam’s first petrochemical complex on Long Son…
PetroVietnam Oil Corporation (PV Oil), a member of national oil and gas group PetroVietnam, will sell a 40 per cent share in the second quarter of 2017. PV Oil’s main operation is the retail distribution of petroleum with the second largest market share in Vietnam (22-25 per cent), only behind Vietnam National Petroleum Group (Petrolimex),…
Vietnam is facing a worsening urban water environment amid a growing urban population, rising water supply and drainage demand, and unplanned construction. By the end of 2016, Vietnam had 802 cities, including the two special metropolises of Hanoi and Ho Chi Minh City. Under plans for city development, about 44 million people will live in…
ABB’s unique residential energy storage system facilitates efficient energy usage whenever it is needed. ABB has taken a significant step forward in optimizing solar energy usage in the home, with the launch of its Renewable Accumulator and Conversion Technology (REACT), which features a built-in, high performance 2 kWh battery that stores unused energy. Available as…
As a new year develops, trends in industrial automation will continue: the evolving workforce, globalization, the use of information to develop insight into plant operation, concerns about security. So as we enter 2017, we’ve compiled a list of 10 tips to help you improve safety and productivity. 1. Understand Your Safety Maturity Level: Assess your…
BÌNH DƯƠNG – The southern province of Bình Dương on Friday put into operation a wastewater treatment plant in Thuận An Town, the second of its kind in the province. Trần Thanh Liêm, deputy chairman of the People’s Committee, said that with a capacity of 17,000cu.m per day in the first phase, the plant would…