Vietnam
Midea Centrifugal Chiller Wins the Bid for Lotte Mall Hanoi
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Midea Building Technology (MBT) secured the Lotte Mall Hanoi project. This is the first commercial complex project in Vietnam with a total centrifugal chiller cooling tonnage exceeding 10,000 tons, ma...
UL Opens Laboratory in Hai Duong, Empowering Vietnam’s Growi
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The new UL facility in Southeast Asia will address testing and certification for consumer electronics, wire and cable, small appliances and lighting products. Hai Duong, Vietnam — March...
Panasonic to Construct a New Building at the Vietnam Factory
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The new factory is scheduled to start production in spring 2023 to respond to brisk demand in Vietnam Osaka, Japan – Panasonic Corporation announced today that Panasonic Life Solutions ...
GLP Launches $1.1 Billion Maiden Vietnam Logistics Developme
GLP Vietnam Development Partners I is set to be one of SEA’s largest logistics development funds GLP entered the Vietnam market in 2020 through a strategic joint venture with SLP Singapore and Ho Chi Minh City, 21 January 2022 – GLP announced today the establishment of GLP Vietnam Development Partners I (“GLP VDP I”) with an investment capacity of $1.1 billion. The...
3.7 SOUTHEAST ASIA - Vietnam
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According to the General Statistics Office of Vietnam, Vietnam’s GDP in 2020 increased by 2.9% year on year. The export value increased by 6.5% year on year, and has become an essential factor d...
Casper, a New Star in Vietnamese AC Market
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In Vietnam, the number of infected people increased sharply from July, and the government has implemented long-term lockdowns. Factories were also forced to shut down. In particular, in the southern a...
Panasonic Launches New Factory in Vietnam for Indoor Air Qua
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- The company strengthens the production of ventilation devices in Southeast Asia - And aims to produce approx. 3 million units in FY 2026 Osaka, Japan – Panasonic Corporatio...
Noritz Completes Acquisition of Vietnamese Company Kangaroo
Noritz has been discussing the acquisition of a 44.0% stake in Vietnam’s water purifier and home appliance manufacturer Kangaroo International Joint Venture, making it an affiliated company based on the equity method. The transfer of equity was completed on June 16, 2021. Kangaroo manufactures and sells water purifiers, electric water heaters, kitchen equipment, stationary refrigerators a...
Maersk pioneers first block train for Decathlon from Vietnam
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29 July 2021 As part of Maersk’s intermodal solution and building on its experience with intercontinental rail service between Asia and Europe, Maersk arranges first dedicated block train for o...
HVACR Vietnam 2021 — July 7 to 10 in Ho Chi Minh
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The 14th International Exhibition on Heating, Ventilation, Air-Conditioning, Air Filtration and Purification, Refrigeration Systems in Vietnam (HVACR Vietnam) will be held from July 7 to 10, 2021 at S...