LG Innotek secures $200 million IFC loan following revenue drop
LG Innotek Vietnam Hai Phong secured a $200 million IFC loan as revenue slows, aiming to expand camera module production while meeting sustainability targets.
LG Innotek Vietnam Hai Phong secured a $200 million IFC loan as revenue slows, aiming to expand camera module production while meeting sustainability targets.
Samsung Electronics’ factories in Vietnam have become a cornerstone of the company's global production network, manufacturing over half of its worldwide mobile devices and critical components.
Apple's supplier will deploy its new electronic component production project on a total area of 48 hectares in Nghe An province.
According to Phan Tuan Hung, director of the Legal Department under the Ministry of Natural Resources and Environment, the contribution fee for the collection, recycling and treatment of hazardous waste is mandatory for the purpose of encouraging businesses to adjust their product design as well as their production and business methods toward an environmentally beneficial direction.
Signing an agreement with Trung Hieu Investment and Development Corporation for the production of low-carbon, circular economy concrete products using the Geoprime solution is Betolar’s next step to commence its plan in the Asia Pacific region.
GIZ has realized the enormous potential of the agrivoltaics model for Viet Nam, a country with large-scale agricultural production and increasing demand for electricity consumption to meet economic growth rates.
Many big European businesses revealed its expansion plan in Vietnam, showing that Vietnam plays a crucial part in their production and consumption markets.
The recent launch of Hayat's globally leading diaper brand Molfix in Vietnam carries a $250-million investment in Binh Phuoc to position Vietnam as its regional production hub for Southeast Asia.
It is important that Vietnam takes action now to maintain its regional and global competitiveness, and not lag in economic recovery, leading foreign business associations have claimed.
Consumers need to use their power in making purchasing decisions to express their attitudes towards businesses that are irresponsible to the environment, thereby creating pressure to promote sustainable production and consumption.
Despite rising trade protectionism worldwide, Vietnam continues to set new export records and has emerged as the next manufacturing hub, CBRE said.
The report of humanitarian group Oxfam reveals that the social and economic fallout from the Covid-19 pandemic as mass unemployment, disruption to food production and supplies and declining aid could push 121 million people to the brink of starvation this year.
Toyota Vietnam has temporarily shut down plant in Vinh Phuc province since March 30 due to coronavirus pandemic.
Ford is temporarily suspending production in its factory in Hai Duong province from March 26 in response to coronavirus.