Five prosecuted for massive losses at state-run firm

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Báo Đầu Tư English 2 month(s) ago

The Ministry of Public Security’s Investigative Agency has decided to prosecute five former executives of the textile factory of the State-run giant, PetroVietnam, and a subsidiary, for causing considerable economic losses.

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Korean company plans VN aircraft engine parts factory

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Báo Đầu Tư English 2 month(s) ago

South Korean Hanwha Techwin has earmarked some 10ha of land near Ha Noi to build a plant to manufacture aircraft engine parts, Business Korea reported.

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PEB Steel: first in Myanmar with $25 million investment

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Báo Đầu Tư English 2 month(s) ago

PEB Steel extends its regional reach to Myanmar with a $25 million investment in the latest steel manufacturing facility, capitalising on the country’s booming construction industry.

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Suntory PepsiCo inaugurates fifth factory in Quang Nam

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Báo Đầu Tư English 2 month(s) ago

Keeping its promise of sustainable business development and contributing to the community, Suntory PepsiCo Vietnam Beverages (Suntory PepsiCo) inaugurated the company’s fifth manufacturing facility at Dien Nam-Dien Ngoc Industrial Park in the central province of Quang Nam.

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PM visits Nidec Group’s factory in Kansai region

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Báo điện tử CP English 2 month(s) ago 2 related news

VGP – PM Nguyen Xuan Phuc visited a factory of Nidec Group in the Kansai region on June 8 as part of his ongoing visit to Japan.

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Fired factory worker kills five at former Florida workplace

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Báo Tuổi Trẻ English 2 month(s) ago

June 5 - A man who had been fired in April from his job at an awnings factory near Orlando, Florida, returned to his old workplace on Monday and fatally shot five people he had targeted, before killing himself, a county sheriff said.

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Formosa to press ahead with factory launch despite recent explosion

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Báo Đầu Tư English 2 month(s) ago

Llime kiln dust filter explosion in Formosa Ha Tinh Steel project has very little impact on the preparations for the factory launch, but the giant steel complex has been under strict governmental supervision since the environmental disaster it caused last year.

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Inside Vietnam’s missile repair factory

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Báo Tuổi Trẻ English 2 month(s) ago

A29, the only factor operating under Vietnam’s Air Force and Air Defense Divisions in the southern region, is tasked with repairing the nation’s air defense weaponry, including radars, vehicles, and advanced missiles.

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VNPT global expansion shows results

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Báo Đầu Tư English 2 month(s) ago

A wide range of foreign contracts sign a bumper season for Vietnam Posts and Telecommunications Group (VNPT) in response to its overseas expansion plan.

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TTC Group seeks to take over HAGL’s sugar business

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Báo Đầu Tư English 3 month(s) ago

Bien Hoa Sugar Joint Stock Company and Tay Ninh Sugar Joint Stock Company, two subsidiaries of TTC Group, will take over the sugar operation of Hoang Anh Gia Lai in a bid to make TTC Group the biggest sugar producer in Vietnam in terms of output.

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Savipharm starts producing functional food up to European standards

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Báo Tuổi Trẻ English 3 month(s) ago

The European-standard functional food factory of Savipharm Company officially operated on May 14 in Tan Thuan Export-Processing Zone, District 7, Ho Chi Minh City.

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Nestlé opens US$ 110 million factory in Hung Yen

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Báo điện tử CP English 3 month(s) ago

VGP – The Nestlé Vietnam Group has inaugurated a new MILO producing factory with a total investment of VND 1,600 billion (US$ 110 million) at Thang Long II Industrial Park in the northern province of Hung Yen on May 18.

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Textile and clothing firms reluctant to implement Industry 4.0 practices

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Báo Đầu Tư English 3 month(s) ago

The textile and garment sector is forecast to benefit greatly from the technologies of Industry 4.0 – businesses in the sector, however, remain indifferent to the changing tide.

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Can Tho garment plant destroyed in four-day blaze to receive $18mn in damages

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Báo Tuổi Trẻ English 3 month(s) ago

Police in the southern city of Can Tho have come to a conclusion on the cause of a massive fire at a local garment factory in March, with the company agreeing on a compensation settlement with its insurer.

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Misumi automates production

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Báo Đầu Tư English 3 month(s) ago

In recent years, automation has revolutionised the way products are manufactured and assembled, shifting the production paradigm to a more mechanical approach. General director of Misumi Vietnam Co. Ltd.,

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