Industry News

US packaging-labelling firm opens distribution centre in HCM City

US-based Avery Dennison, a global labelling and packaging materials and solutions firm, on July 2 opened its first distribution centre in Viet Nam in HCM City's Tan Binh Industrial Park to support the company's investment in the high growth Viet Nam market.

Nutifood Starts Work On Dairy Factory In North

Nutrition and dairy processing company NutiFood Vietnam on March 18 broke ground for a dairy factory at Kien Khe Industrial Park in the northern province of Ha Nam.

P&G Investment Signals Increasing Foreign Investor Interest in Vietnam

As Vietnam’s economy continues to prosper, the country is becoming increasingly attractive to foreign investors. Many of these businesses choose to form their own wholly owned company in Vietnam, however, there has also been a growing interest in pursuing the M&A track as a method of investing into the country. The possible raising of foreign ownership caps and the improving business environment, driven by government reform, have further motivated foreign investors to consider Vietnam for their business operations.

Coffee plan focuses on processed products

The Ministry of Agriculture and Rural Development (MARD) has unveiled a master plan (until 2020 with vision extended to 2030) to develop the coffee industry, focusing mainly on processing as the main value-adding measure.

80 mln USD coffee plant in Dong Nai becomes operational

Volcafe Vietnam company, an affiliate of the Swiss ED&F Man Holdings Group, has commenced operations at a new coffee processing plant within the An Phuoc industrial park in the southern province of Dong Nai.

Vinamilk to explore further investments abroad in 2015

HCM CITY (Biz Hub) –Viet Nam Dairy Joint Stock Co. (Vinamilk) will continue to explore markets abroad and boost M&A activities after buying a 70 per cent stake in the U.S.-based Driftwood dairy factory

Construction begins at pharmaceutical plant

BINH DUONG (Biz Hub) — The Medochemie Far East Company under the Cypriot Medochemie Group broke ground for a new pharmaceutical plant in the Viet Nam-Singapore Industrial Park II A (VSIP) on Tuesday.

NutiFood begins construction of Ha Nam milk plan

HA NAM (Biz Hub) — NutiFood Viet Nam began construction of a VND1.6 trillion (US$76.19 million) milk plant in the northern province of Ha Nam on March 18.

Two Thai Companies Want To Buy Saigon Beer

Thai Beverage wants to buy a 40% stake in SABECO. The company offered VND80,000 ($4) per share, 60% higher than the price on the over-the-counter market, Wall Street Journal quoted an official at the Vietnam Ministry of Industry and Trade as saying. Currently the government owns 89% of Sabeco.

Doosan Vina delivers first pressure tanks to refinery

Doosan Heavy Industries Vietnam (Doosan Vina) has delivered the first shipment of hi-tech pressure equipment to the Nghi Son Refinery & Petrochemical (NSRP) project being built in central Thanh Hoa province.
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