Lego group

Binh Duong smart city in the namesake southern Vietnamese province was listed in the world’s top seven intelligent communities for the second consecutive year. The Intelligent Community Forum (ICF) and Binh Duong People’s Committee organized a ceremony in the southern province on Tuesday evening to announce the 2022 Top 7 Intelligent Communities of the Year. Binh Duong smart city was named in the Smart21 Communities for the fourth year in a row and Top 7 Intelligent Communities for the second consecutive year in 2022. In order to get recognized as one of the Smart21 Communities, Binh Duong smart city and other cities around the world had to meet strict criteria including broadband coverage, equality in digital access, innovative workforce, and support for sustainable development, said Louis Zacharilla, co-founder of the ICF. The ICF gathers nearly 200 prosperous smart cities in the world, Zacharilla continued, adding that it offers a chance for organizations and businesses in … [Read more...] about Vietnam’s Binh Duong among world’s top seven intelligent communities

Ambassador Christensen has left an imprint in Vietnam by pushing for Denmark-based LEGO Group to invest in Binh Duong, Minh said, adding that what makes the LEGO project special is that it will use clean energy which is well aligned with Vietnam’s priorities. He further noted that following LEGO, another Danish renowned company – Pandora – has pledged to pour 100 million USD into a jewelry-crafting facility also using renewable energy at the Vietnam – Singapore Industrial Park 3 (VSIP3) in Binh Duong. Minh expected both projects will not only pave the way for a new wave of investment into those using the renewables in Vietnam but also help the country attract value chain investors. With his competency, experience and passion, Ambassador Christensen has played a significant part in expanding the long-standing friendly relations and cooperation between the two peoples throughout his mission in Vietnam, the Deputy PM said. He particularly underscored the Danish Ambassador’s role … [Read more...] about Deputy PM hosts outgoing Danish Ambassador

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on July 5. - Prime Minister Pham Minh Chinh chaired the 15th meeting of the National Steering Committee for COVID-19 Prevention and Control on July 5 amid the appearance of the BA.5 sub-variant of Omicron. Opening the teleconference with the 63 localities nationwide, PM Chinh, who is also head of the committee, pointed out that the pandemic remains unpredictable around the world with the emergence of the BA.5 sub-variant of Omicron in many countries. Read full story - Standing Vice Chairman of the National Assembly (NA) Tran Thanh Man hosted a reception in Hanoi on July 5 for a delegation from Indonesia’s Regional Representative Council (DPD) led by Chairperson of its Committee for Parliamentary Cooperation Sylviana Murin. Man said the visit demonstrates the resumption of the two legislative bodies’ delegation exchange activities after a long disruption due to the … [Read more...] about ☕ Afternoon briefing on July 5

Factories are now more likely to be powered fully by renewable energy, Le Toan The Danish toy-maker Lego is eager to implement its $1 billion facility in the southern province of Binh Duong. In a meeting with leaders of Binh Duong People’s Committee in mid-June, Lego vice chairman Preben Elnef expressed hope that the province will soon give support to the group so that it can establish a legal entity in Vietnam soon, build the factory, and recruit labourers. Right after Vietnam-Singapore Industrial Park (VSIP) Group started the construction of its third industrial-urban-service complex in Binh Duong in late March, Lego registered to settle its factory there. Vice chairman Elnef said that one of the reasons for choosing VSIP 3 to build its carbon-neutral factory is that it is able to meet the green requirements of the project. “The new factory will feature solar panels on its roof and VSIP will build a nearby solar project on behalf of the group. Combined, these solar parks … [Read more...] about Green industrial complexes at top of foreign-led wishlist

Denmark’s LEGO recently poured a green investment worth over US$1.3 billion into Vietnam. (Source: baodautu.vn) The strategy for 2021 - 2030, signed off by Permanent Deputy Prime Minister Pham Binh Minh, aims at raising capital flows from countries and territories in certain regions to over 70% of total foreign investment in Vietnam during 2021 - 2025 and 75% during 2026 - 2030. The targeted partners include the Republic of Korea (RoK), Japan, Singapore, China, Taiwan (China), Malaysia, Thailand, India, Indonesia, and the Philippines in Asia; France, Germany, Italy, Spain, Russia and the UK in Europe, and the US. This strategy also looks to raise the number of multinationals listed in Fortune Global 500 operating in Vietnam by 50 percent. According to Dau tu (Vietnam Investment Review), the Foreign Investment Agency under the Ministry of Planning and Investment has held a working session with Intel. Details about this meeting haven’t been revealed, but it was likely about the … [Read more...] about Vietnam looks forwards to stronger investment from US, Europe