Japanese trading conglomerate Mitsubishi Corp. is planning to cooperate with Thailand’s renewable-energy developers to develop a massive onshore wind farm in Laos that will supply electricity to Vietnam, Nikkei Asia reported on June 17.
Japan’s Mitsubishi Corp. and Nomura Real Estate Development will join hands with Vietnamese conglomerate Vingroup on a smart urban development project in Ho Chi Minh City, according to Nihon Keizai daily business newspaper.
Mitsubishi Corp, Japan's biggest trading house by revenue, said on September 20 that a trader at its Singapore-based unit has lost 320 million USD through unauthorised transactions in crude oil derivatives.
Mitsubishi Corp. is partnering with a Vietnamese firm to develop a major real estate project in Vietnam with construction costs of up to 200 billion JPY (1.9 billion USD).