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.
Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.
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.
The energy transition is bringing forth new challenges, particularly in refining financial systems.
Samsung Vietnam is calling on the Vietnamese government to support its efforts to procure renewable energy at competitive prices as part of its broader strategy to transition to greener operations.
Power China, BYD, China Rare Earth Group, Haosen electronic battery company are among the Chinese enterprises planning to make new investments in Vietnam in the near future.
Binh Dinh is among a few southern central coastal provinces boasting great potential for wind power development.
SK Ecoplant is embarking on 700MW solar and wind power generation development projects in Vietnam in partnership with BCGE.
The primary concern of any investor lies in the energy reliability and immediate access to renewable energy.
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.
VinFast has broken ground at its electric vehicle manufacturing site in North Carolina, marking a significant milestone toward its global expansion and the company’s supply chain development in North America.
The energy storage technologies, including pumped-hydro and battery energy storage systems (BESS), are instrumental in integrating larger volumes of variable renewable energy generation into the power grid while ensuring its safety and reliability.
Frustrated by inconsistent government policy, companies in the APAC region are taking the lead and calling for intercompany coalitions to advance sustainability goals.
