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Vietnam News

Oil & Gas;Engineering & EPC

Technip energies to convert Vietnam petrochemical cracker from naphtha to ethane feedstock

Technip Energies has won a contract from Long Son Petrochemicals to convert its Vietnam steam cracker from naphtha to ethane feedstock. The project includes engineering, procurement, site assistance, and proprietary burner supply, targeting lower carbon intensity and feedstock cost reduction.

Vietnam | 2 months ago

Investments & Funding

GELEX Infrastructure closes $200 million oversubscribed syndicated loan with HSBC

GELEX Infrastructure has successfully raised a $200 million syndicated loan arranged by HSBC, attracting participation from 19 international financial institutions. The facility was more than twice oversubscribed, marking the company's debut international syndicated financing and supporting its long-term infrastructure investment plans.

2 months ago • Vietnam

Power & Utilities

Taihan breaks ground on Vietnam's first overseas EHV cable plant to serve global markets

Taihan Cable & Solution has broken ground on a 400kV extra-high voltage cable facility in Vietnam, its first such overseas production base. The $56 million plant in Dong Nai Province will supply Southeast Asian, European, and American markets, positioning Taihan VINA as Vietnam's sole EHV cable manufacturer.

3 months ago • Vietnam

Automotive

Vietnam begins construction of USD 319 Million GEL-O&J automobile manufacturing plant in Hung Yen

Vietnam’s Geleximco Group and China’s Chery Group have officially started construction of the GEL-O&J automobile manufacturing plant in Hung Yen Province. With a total investment of USD 319 million, the two-phase project is expected to become a major automotive production hub in the region.

3 months ago • Vietnam

Latest News

Defence | 2 days ago

Elbit Systems secures $350 million international main battle tank modernization contract

Israel-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.

Business & Corporate | 2 days ago

UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight

UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.

Energy & Power | 2 days ago

NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu

Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.