Vietnamplus

The Russia-Vietnam oil and gas joint venture Vietsovpetro is undertaking a series of solutions to increase oil output in the remaining months of the year.

Politburo member and Permanent member of the Party Central Committee’s Secretariat Vo Van Thuong visited Star Telecom, a joint venture between Viettel Military Industry and Telecoms Group of Vietnam and Lao Asia Telecom, in Vientiane on July 19.

Indonesian top drugmaker Kalbe Farma has announced the founding of a joint venture in the Philippines as the company plans to expand its operation across Southeast Asia.

Fintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022, Dau tu (Vietnam Investment Review) reported.

This year will be pivotal for the next stage of development of innovative enterprises and Vietnam's digital economy to attract investment capital.

France’s CMA CGM Group and Vietnam’s International Transportation and Trading Joint Stock Company (ITC) launched a joint venture company to provide barge services in Vietnam on April 19.

BRG Group JSC and its Japanese partner, Sumitomo Corporation, on March 24 signed a joint-venture contract on expanding the FujiMart grocery supermarket chain in Vietnam, towards opening 50 new stores throughout the country by 2028.

The Gioi Di Dong JSC, a subsidiary of Mobile World Investment Corporation in Vietnam, has announced its cooperation with PT Erafone Artha Retailindo under Indonesia’s Erajaya Group to establish the joint venture PT Era Blue Elektronic (Era Blue).

A total of 13 joint venture agreements worth 107 million RM (25.44 million USD) were inked at the Malaysian Commercialisation Year Summit (MCY Summit) 2021 recently, the Malaysian Science, Technology and Innovation Ministry (MOSTI) reported on March 15.

With a total committed investment f up to 60 million USD, ThinkZone Fund II is the largest venture capital fund in tech startups founded by Vietnamese entrepreneurs and notable conglomerate owners.

Vietnam-Russia oil and gas joint venture Vietsovpetro is speeding up the building of marine constructions and aiming to put RC-RB1 and RC-10 rigs of the Dragon oilfield into operation in the fourth quarter of this year.

Thailand’s PTT and China’s Foxconn have established joint venture company Horizon Plus to manufacture electric vehicles (EVs) in Thailand in the Eastern Economic Corridor (EEC).

Educational technology (edtech) startups in Vietnam have drawn many domestic and foreign venture capital funds thanks to their high development potential.

Vietnam is a "rising star" and will emerge as the third-largest startup ecosystem in Southeast Asia in2022, according to a report by venture capital firm Golden Gate.

A record high of 1.35 billion USD was poured into Vietnamese startups last year, making the country among the most attractive destinations for startups in the region.

Becamex Tokyu Co. Ltd, a joint venture between Vietnam’s Becamex IDC Corp and Japan’s Tokyu Corporation, began construction of the first shopping centre named Sora Gardens SC in Binh Duong New City in the southern province of Binh Duong on December 28.

The Castrol, BP and Vietnam Petroleum Corporation (Petrolimex) signed an agreement extending their joint-venture contract for the next 20 years, starting from 2022, during an online ceremony on December 6.

The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.

The Ca Tam oilfield has pumped up 1 million tonnes of crude oil after it was put into operation three years ago. ​

Vietnamese Ambassador to Russia Dang Minh Khoi made a working trip to the Nenets autonomous region of Russia on October 6-7, during which he inspected production activities of the Russia-Vietnam oil and gas joint venture (Rusvietpetro) in North Khosedaiu field.