19:54 (GMT +7) - Friday 20/07/2018


September 22

Released at: 11:00, 22/09/2017 PRESS WATCH

September 22

VET's round-up of news from Vietnamese media for September 22.

Airplane engine plant opens

South Korea’s Hanwha Techwin has held a breaking ground ceremony for the Hanwha Aero Engines plant at the Hoa Lac High Tech Park in Hanoi, the first investment project in Vietnam related to the aviation engine industry. The plant will produce components and engines for some of the world’s leading aviation companies, including General Electric, Pratt & Whitney, and Rolls-Royce.

Habeco - Carlsberg deal approaching

A deal that allows global brewer Carlsberg to increase its stake in Vietnam’s second-largest brewer Habeco could be finalized in November. As Habeco’s strategic investor, Carlsberg already holds 17.5 per cent stake of the Vietnamese brewer, including 16 per cent purchased in Habeco’s 2009 IPO. Under a cooperative agreement signed in 2009, Carlsberg has first right of refusal when Habeco sells its remaining shares.

SBV to study crypto-currencies

The State Bank of Vietnam (SBV) will keep a close watch on and research international experience and national practices to perfect legal regulations on crypto-currencies such as Bitcoin. It will work with the Ministry of Justice and relevant ministries and agencies to propose appropriate management, in line with a roadmap approved by the Prime Minister. 

First plasma fractionation factory licensed

The An Phat Pharmaceutical and Medical Equipment JSC has received an investment license to build what will become Vietnam’s first plasma fractionation factory, at the Saigon Hi-Tech Park (SHTP). The 3-ha plant will need investment of over $30 million in Phase 1 and at least $50 million in Phase 2. Italian firm Kedrion S.p.A, a world leader in plasma fractionation, is the project’s technology transfer partner and all engineering design and machinery will be provided by Germany’s GEA Diessel. The plant is scheduled to start producing albumin and other plasma derivatives from the first quarter of 2018.

Aeonmall heading to Hai Phong

Aeonmall Japan in Vietnam and the Viet Phat Investment Import Export Trading JSC have signed a memorandum of understanding on investing in an Aeonmall shopping center project in northern Hai Phong city. The project will cover an area of 9.3 ha on Ho Sen-Rao 2 Road in Duong Kinh district with total investment of $180 million. According to the MoU, Aeonmall commits to investing in construction of the project, with completion expected in early 2020. When put into operation, the shopping center will also be a site for Vietnamese-Japanese cultural exchanges.

MoF releases debt figures

As at the end of 2015, the government’s foreign debt amounted to $39.6 billion, with corporate foreign debt at $41.22 billion, according to the Ministry of Finance.

Solenoid factory for Ha Nam

Vietnam TDS Co. Ltd., a subsidiary of Japan’s TDS Co., has opened a solenoid factory at the Dong Van 2 Industrial Park in northern Ha Nam province. Mr. Takahashi Takihiko, General Director of the TDS Co., said the factory cost over $5.4 million in the first phase, has a monthly capacity of 1.7 million products, and will employ some 400 workers.

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