Kusto invested in Diamond Island, one of the most successful cases in Viet Nam. A company having strong management and good operating systems will drive success in its own business. This is the sharing from Singapore-based investment group Kusto with Viet Nam News recently. “The first factor we look at is whether the company has a strong management that can drive the company strategy. And of course, the fundamentals of the industry in which the company operates,” said Luis Garcia, Chief Operation Officer of Kusto Vietnam. Operating in Vietnam since 2005, while pursuing its commitment to support visionary entrepreneurs and management teams who strive to transform and improve the countrys business landscape, Kusto Vietnam has successfully invested in over 10 companies spread across real estate, construction and building materials, transportation and logistics, retail, and other consumer-driven sectors. “Kusto has been here since the mid-2000s and have witnessed the … [Read more...] about Kusto commits to long-term investment in Viet Nam
The sky in HCM City’s District 2 is filled with colourful kites of different types, sizes and shapes. — VNS Photo Ngọc DiệpViet Nam News by Ngọc Diệp HCM CITY — In recent weeks, HCM City residents have been spending time flying kites in the late afternoon to evening after they finish work. Flying kites is a traditional folk activity of the Vietnamese. It has become a favourite entertainment activity of citizens in recent years. Visitors can see hundreds of kites of different types, shapes and sizes flying above empty land lots on Kim Cương (Diamond) Island in District 2, near a bridge that links Mai Chí Thọ Highway with Thạnh Mỹ Lợi residential area. Couples, family and friends visit to enjoy fly kites or just watch all the colourful activity. From 4pm to 6pm, many people gather to show their kite flying skills to visitors. Professionals and amateurs … [Read more...] about Through the lens: Go fly a kite!
Dat Vinh Tien receiving the KEMA certificate The certificate is the result of Dat Vinh Tien’s efforts to develop the company and professes the outstanding development of a Vietnamese firm. In the framework of the event, Dat Vinh Tien organised the ground-breaking ceremony of the second factory in Hoang Gia industrial cluster (Long An province). The products of Dat Vinh Tien have been tested successfully and fully meet the requirements of the IEC 61439-1 & 2 standards set, while electrical switchboards are designed with outstanding features such as high dust and water resistance (IP43), short circuit resistance of 100 kA, Form 4B. This demonstrates the ability of a Vietnamese company to produce full products that meet the stringent requirements of the International Electrotechnical Commission (IEC). Established in 2005, Dat Vinh Tien specialises in manufacturing electric switchboards, electric panels, cable trays, air ducts, and wind outlets to distribute to strategic … [Read more...] about Dat Vinh Tien receives KEMA Type Test for its low voltage products
The 2018 Vietnam Trade Fair in Cambodia, themed "Friendship, Cooperation and Development", kicked off on November 7 at the Diamond Island Convention and Exhibition Center, in Phnom Penh, Cambodia. Co-organised by the Vietnamese Ministry of Defence, the Vietnamese Ministry of Industry and Trade, the Cambodian Ministry of Defence and the Cambodian Ministry of Commerce, the fair aims to support Vietnamese businesses in promoting trade, investment and the export of products and services to the Cambodian market, while opening the possibility of exporting Vietnamese goods to ASEAN countries. Covering an area of 10,000 square meters, the fair features 200 booths by more than 150 enterprises from Vietnam and Cambodia. The businesses are showcasing many products and services in the fields of telecommunications, banking, textiles, leather and footwear, handicrafts, food, processed food, electronics, mechanics, chemicals, building materials, fertilisers, plant seeds, animal feeds and veterinary … [Read more...] about Trade fair to enhance Vietnam – Cambodia cooperation
Yerkin Tatishev Vietnam is the first country in Southeast Asia where Kusto Group has invested. What are the reasons behind this choice and how has the market lived up to your expectations? Before coming to Vietnam we knew some Vietnamese people who had been educated in Moscow. They told us about Vietnam and the investment opportunities in the country. The first time I visited Vietnam was in the 1990s, nearly 20 years ago. After my first look around, ideas came to me about investing here – a nice country with good people and good prospects for development. I told myself that we would return here when we were strong enough, had the money and the competence, and had sufficient knowledge about the market. Ten years later, in 2007-2008 we came back to Vietnam and started our project. I have to say that this was the right decision and so far we have been seeing very good results both in our industrial business and real estate development projects. Vietnam is one of the … [Read more...] about Kusto’s prospects after Diamond Island triumph