H&M’s Syre eyes $1-billion recycling plant in Vietnam
Syre, a subsidiary of H&M Group, intends to build a polyester fiber recycling plant in Vietnam, with an investment ranging from $700 million to $1 billion.
Syre, a subsidiary of H&M Group, intends to build a polyester fiber recycling plant in Vietnam, with an investment ranging from $700 million to $1 billion.
This agreement marks a significant step forward in the collaboration between two major automotive companies from Vietnam and China.
Foreign capital is anticipated to aid TNH Hospital Group Joint Stock Company (TNH) in realizing its ambitious expansion plans.
Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.
VPBankS has identified four major commercial banks that meet the criteria for credit limit expansion.
Despite the real estate market's lackluster performance, several companies are accelerating land acquisition efforts.
Kim Long Motor and Yuchai Corporation have launched a $260 million engine manufacturing plant in Vietnam, marking a significant leap for the country’s industrial ambitions.
Despite concerns about the potential "shock" to the industry, companies in the sector have shown resilience, maintaining financial stability and achieving notable business results.
Experts are presenting numerous data points and a more optimistic outlook on the investment market for the remainder of 2024, as well as in the medium and long term.
This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year
The move involves the conversion of bonds into shares, signaling a strategic maneuver to shore up the company's financial standing and navigate turbulent market conditions.
Prominent Vietnamese real estate developer Novaland is grappling with a staggering debt of over VND57 trillion despite concerted efforts to restructure its financial liabilities.
The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm.
Adjacent to the rapidly advancing Hai Lang LNG project, T&T Group has put forth a proposal to invest in another monumental LNG power project, built upon the legacy of the Quang Tri 1 coal-fired thermal power plant.