Halotel joint venture

– Vietnam Singapore Technologies Engineering Aerospace (VSTEA), a joint venture between Vietnam Airlines Engineering Company (VAECO) and Singapore Technologies (ST) Engineering Aerospace, made its debut in Hanoi on September 26.joint venture will bring to the market world-class maintenance services that keep operators’ aircraft flying safely and smoothly.” … [Read more...] about Vietnam – Singapore aerospace engineering joint venture debuts

The contract was signed between Indonesian state-owned construction firm Pembangunan Perumahan (PP), China Aluminum International Engineering Corporation Limited (CHALIECO) and Borneo Alumina Indonesia (BAI) in Beijing on January 11. BAI is a joint venture between the Aluminum Corporation of China Limited (Chalco), the State-owned aluminum producer Indonesia Asahan Aluminium (Inalum) and the State-owned mining company Aneka Tambang. Construction on the refinery began in December 2019, one year behind the initial plan. It is expected to be completed in 2022 with an annual capacity of over 1 million tonnes. Indonesia now has the only Ketapang alumina refinery in West Kalimantan, which is owned by China – Indonesia joint venture Well Harvest Winning. It has an annual capacity of 1 million tonnes. Other eight refineries capable of producing 8.73 million tonnes are being built and slated for completion next year./. … [Read more...] about Indonesia, China sign deal for alumina refinery

JLL observes that there are hundreds of million dollars waiting to be poured into the market in most segments of real estate. There has been a rise in inquiries on affordable housing in Vietnam from countries such as Japan, Korea, Singapore, with an increasing number of groups from mainland China. While many are interested, not so many can overcome the initial challenges that come with doing business in an emerging market. … [Read more...] about Foreign investors ready to invest big in Vietnam housing

The Government Electronic Information Portal on December 24 reported that in the conversation between the Vietnamese Prime Minister Nguyen Xuan Phuc and his Russian counterpart Dmitry Medvedev, the two sides exchanged views on the cooperation between the two countries in the oil and gas sector. … [Read more...] about Vietnam-Russia cooperation in oil and gas: great opportunities ahead

The Foreign Investment Agency under the Ministry of Industry and Trade reported that total newly-registered and adjusted capital, and shares purchased by foreign investors reached 29.11 billion USD in the first ten months of this year, up 4.3 percent year-on-year. … [Read more...] about Vietnam’s FDI inflow up in ten months