Hoa Binh Company chosen for projects in Kuwait

14:07 | 11/01/2018 Vietnamese Brands Follow Ven.vn on

The Hoa Binh Construction Group JSC (HBC) recently said that it signed a cooperation deal with the United Guft Construction Company (UGCC) of Kuwait on a construction component of a Kuwaiti government refinery project.

hoa binh company chosen for projects in kuwait

Vietnamese Ambassador to Kuwait Trinh Minh Manh (blue vest) and Vietnamese businessmen - Source: VNA

The two companies will carry out a 20 million-USD reinforced concrete construction contract as part of the 30 billion-USD Al Zour Refinery Project.

HBC also signed an agreement with the Kuwait’s HOT Engineering & Construction Company on implementing a 35 million-USD contract as part of the Kuwait’s 155 million-USD criminal evidence headquarters construction project.

Previously in May 2017, HBC inked a cooperative partnership deal with HOT Engineering & Construction. Accordingly, the Kuwaiti firm will prioritize working with HBC in construction. With these projects, HBC has laid a foundation in Kuwait and stands ready for others in 2018.

VNA

See more news

Herbalife Vietnam honored to receive 2022 AMCHAM CSR Recognition

16:10 | 23/12/2022 Vietnamese Brands

Herbalife Vietnam was honored to receive AMCHAM’S 2022 Corporate Social Responsibility Recognition Award on Dec 02, 2022 in Hanoi recognizing member companies with best practice CSR programs in Vietnam.

STIEBEL ELTRON launches its business in Vietnam

16:29 | 22/12/2022 Vietnamese Brands

STIEBEL ELTRON, one of the German leading providers of products and solutions for domestic hot water, water filters and renewables, has launched its business in Vietnam.

Herbalife Nutrition celebrates its 13th anniversary in Vietnam

17:54 | 19/12/2022 Vietnamese Brands

Premier nutrition company Herbalife Nutrition recently celebrated 13 years of presence in Vietnam, with unwavering commitment to helping people improve their nutrition habits to live a healthier life. Officially starting its operations in Vietnam in 2009, today Herbalife has become one of the 500 largest companies in Vietnam and a market leader in the nutrition space.

Coca-Cola to reveal new stories in Tet 2023 campaign

09:59 | 19/12/2022 Vietnamese Brands

(VEN) - Vietnam, December 16, 2022 – Coca-Cola Vietnam officially kicks off 2023 Tet campaign with the message "Tet may change, the magic remains" to highlight the unchanging value of family reunion meals during Tet, despite passing generations.

Roche Pharma Vietnam awarded for contributions to the fund for cancer patients

15:44 | 16/12/2022 Vietnamese Brands

At the 10-year anniversary of the Bright Future Fund (BFF) and fundraising to support underprivileged cancer patients, Roche Pharma Vietnam was honored to receive a prestigious Certificate of Merit from the Minister of Health for significant contributions to the fund.

Piaggio Vietnam affirms important position as it celebrates 15th anniversary

19:33 | 12/12/2022 Vietnamese Brands

Piaggio set up its direct presence in Vietnam 15 years ago and built two plants, vehicle and engine, and a Research and Development center in Vinh Phuc province. At that time, Piaggio decided that Vietnam would be a hub for all Asian markets becoming a trend setter company from a business model point of view.

Coca-Cola, top 4 most sustainable companies in Vietnam

11:40 | 12/12/2022 Vietnamese Brands

Hanoi, December 1st, 2022 – Coca-Cola Vietnam was named among Vietnam’s 4 most sustainable companies at the Vietnam Corporate Sustainability Forum 2022, organized by the Vietnam Chamber of Commerce and Industry (VCCI) in cooperation with the Vietnam Business Council for Sustainable Development (VBCSD).

Panasonic launches "Live Green and Wellness with Gen G" campaign

10:11 | 12/12/2022 Vietnamese Brands

Panasonic Vietnam officially launched the campaign “Live Green and Wellness with Gen G” to inspire Vietnamese young people and all concerned public, to lead an environment-friendly and comprehensively healthy lifestyle, actively contributing to wellness and sustainable development of Vietnam.

Vasta Stone - sintered stone brand launched in Vietnam

09:55 | 12/12/2022 Startups

(VEN) - Vasta Stone, a manufacturer of sintered stone, has been introduced to the market, becoming a brand of sintered stone products with a maximum size of up to 160x320cm in Vietnam.

Petrovietnam marks significant achievements

18:00 | 11/12/2022 Vietnamese Brands

(VEN) - As it marks the 61st Traditional Day of the Vietnam oil and gas industry, the Vietnam Oil and Gas Group (Petrovietnam) is looking back with pride at its achievements in overcoming the difficult pandemic period, which have helped restore confidence in the group and won praise from Party and government leaders.

Latest Most Read

Positive signs for Vietnam’s labour market

07:00 | 08/02/2023 Society

Vietnam will continue to be affected by a labour shortage in the first and second quarters of 2023, but the deficit is not great and is mainly present in labour-intensive sectors such as garments, leather, and some export-led industries, especially in foreign-invested enterprises.

Artists Cơ, Nghiệp set Guinness World Record in last int'l show

06:00 | 08/02/2023 Lifestyle

Vietnamese acrobatic artists Giang Quốc Cơ and Giang Quốc Nghiệp has set up a world record in their last international performance in a Guinness World Record show in Milan, Italy.

Industrial production: Achievements and lessons

06:00 | 08/02/2023 Industry

(VEN) - The 2022 industrial output has been impressive, but continued innovation as well as production and supply network recovery are vital to ensure a more sustainable path in 2023.

PM Chính's visit to enhance Singapore-Việt Nam relations: Singaporean FM

15:36 | 07/02/2023 Vietnam and ASEAN

Digital economy and climate change are among areas with much scope for closer collaboration between Singapore and Việt Nam, according to Singaporean Foreign Minister Vivian Balakrishnan.

JTI Vietnam certified as Top Employer for 3rd year

15:05 | 07/02/2023 Companies

Vietnam’s top 10 socioeconomic developments in 2022

06:00 | 21/01/2023 News and Events

(VEN) - Vietnam overcame difficulties induced by COVID-19 and achieved significant economic growth in 2022. Vietnam Economic News has compiled a list of the country’s 10 most outstanding socioeconomic developments of the year.

Seeking driving force for 2023 economic growth

06:00 | 01/02/2023 Economy

(VEN) - On the threshold of the New Year, economist Dr. Nguyen Dinh Cung, former director of the Central Institute for Economic Management, sums up the Vietnamese economy’s 2022 results and provides his forecast for 2023 growth.

The woman who revived Kim Hoang folk paintings

06:00 | 04/02/2023 Entertainment

(VEN) - Researcher and art collector Nguyen Thi Thu Hoa has made intense efforts to revive the 18th century Kim Hoang woodcut folk painting genre, which had all but disappeared over time.

Expressions of trust in Vietnam’s business environment

06:00 | 06/02/2023 Domestic market

(VEN) - Representatives of foreign organizations and diplomatic missions praise the Vietnamese Government’s efforts to promote economic recovery and development in 2022 and expect Vietnam will continue bouncing back in 2023.

Tourism is back, big time

06:00 | 30/01/2023 Tourism

(VEN) - Although it failed to achieve the goal of welcoming five million foreign tourists in 2022, major tourism sector efforts have resulted in its strong recovery during the final months of the year, promising even more positive changes in 2023.

Multimedia

Video Longform Infographic Photo

The woman who revived Kim Hoang folk paintings

06:00 | 04/02/2023 Entertainment

(VEN) - Researcher and art collector Nguyen Thi Thu Hoa has made intense efforts to revive the 18th century Kim Hoang woodcut folk painting genre, which had all but disappeared over time.

artists co nghiep set guinness world record in last intl show

Artists Cơ, Nghiệp set Guinness World Record in last int'l show

06:00 | 08/02/2023 Lifestyle

Vietnamese acrobatic artists Giang Quốc Cơ and Giang Quốc Nghiệp has set up a world record in their last international performance in a Guinness World Record show in Milan, Italy.

The unique Giong Festival of Hanoi

09:00 | 07/02/2023 Photo

The festival is held annually around the capital to commemorate Saint Giong, a local hero who sacrificed his life to defeat invaders.

Ministry of Industry and Trade: New posture and mindset for the new development period

11:41 | 17/01/2023 Longform

Starting on December 1, 2022, the Ministry of Industry and Trade operates under Government Decree 96/2022/ND-CP. New posture and mindset for the new development period of the industry and trade sector have been rolled out from this decree.

Socioeconomic development targets in 2023

06:00 | 05/02/2023 Infographic

The 15th National Assembly’s 4th session approved a Resolution on the socio-economic development plan in 2023, with GDP targeted at 6.5% and per capita GDP at 4,400 USD.

Policy

Screening tools to enhance FDI quality

06:00 | 05/02/2023 Policy

(VEN) - A set of foreign direct investment (FDI) screening tools was launched recently as a result of cooperation between the Vietnam Chamber of Commerce and Industry (VCCI) and the United Nations Development Program (UNDP), promising enhanced effectiveness of foreign investment flows into Vietnam.

Prime Minister demands faster disbursement of public investment capital

17:29 | 03/02/2023 Policy

Prime Minister Pham Minh Chinh demanded faster pace of public investment capital disbursement while chairing the Cabinet meeting on Thursday.

Deputy FM highlights role of economic diplomacy in service of national development

11:05 | 01/02/2023 Policy

The Ministry of Foreign Affairs has accompanied the Ministry of Planning and Investment and agencies to attract high-quality investment, connect and support foreign enterprises to invest and expand operations in Việt Nam, as well as to strengthen exchange and cooperation with investment funds and study international investment trends.

Việt Nam supports expansion of UN Security Council

06:00 | 30/01/2023 Policy

Addressing the first meeting of the Intergovernmental Negotiations on Security Council reform at the 77th UN General Assembly on January 26 (local time) in New York, Ambassador Nguyễn Phương Trà also emphasised improving the working method of the UNSC and limiting the use of veto power.

Industry & Trade

Industrial production: Achievements and lessons

06:00 | 08/02/2023 Industry

(VEN) - The 2022 industrial output has been impressive, but continued innovation as well as production and supply network recovery are vital to ensure a more sustainable path in 2023.

Food and beverage industry to do well this year despite modest economy

13:00 | 03/02/2023 Industry

The food and beverage market is forecast to grow by over 18% this year to 720 trillion VND (30.7 billion USD).

Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization

15:05 | 02/02/2023 Industry

In 2023, the United Arab Emirates is taking center stage in the global efforts to address climate change and sustainability. Recently, leaders have gathered for Abu Dhabi Sustainability Week, kicking off a year of events leading up to the UAE-hosted COP28 at the end of the year.

Hanoi eyes 950 firms in support industries this year

06:00 | 02/02/2023 Support industries

Hanoi has set a target to have about 950 enterprises operating in the field of supporting industries this year, an increase of approximately 20 compared to 2022.

Investment

Hanoi, HCM City record highest disbursement of public investment capital in January

08:20 | 07/02/2023 Domestic investment

Hanoi and Ho Chi Minh City - the country's economic locomotives - recorded the highest disbursement of public investment capital in January, with nearly 2.7 trillion VND (117 million USD) and more than 1.63 trillion VND, respectively, reported the General Statistics Office.

Hai Phong pledges optimal conditions for investors

09:00 | 04/02/2023 FDI

Hai Phong will always accompany with and create optimal conditions for investors, vowed Nguyen Trung Kien, head of the Economic Zone Management Board of the northern port city, during a meeting with foreign-invested businesses in the city on January 31.

Greening foreign investment

06:00 | 03/02/2023 FDI

(VEN) - The government’s declared commitment to reduce net carbon emissions to zero by 2050 has prompted a wave of high-quality, sustainable foreign direct investment (FDI) projects.

Southeast region prepares for new FDI wave

09:18 | 02/02/2023 FDI

The southeast region is preparing necessary conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region right from the beginning of this year.

Finance-Banking

Foreign investors remain optimistic about Vietnamese stock market

09:03 | 06/02/2023 Stock Market

From being net sellers in the first nine months of 2022, foreign investors have become the driving force supporting the Vietnamese stock market in the last few months, and the inflows are expected to continue this year.

Tax revenue up 4.4 percent year-on-year in January

08:40 | 03/02/2023 Finance-Banking

Tax revenue in January was estimated at VND165.7 trillion (US$7.06 billion), or 12.1 percent of the ordinance estimate, up 4.4 percent year-on-year, the General Department of Taxation reported on January 31.

State-owned banks under capital increase pressure

10:52 | 01/02/2023 Finance-Banking

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders.

Positive prospects for Vietnam’s stock market this year

14:48 | 31/01/2023 Stock Market

2022 was an eventful year for the Vietnamese stock market with many records set.

Environment

Vietnam looks ahead to 2023 climate summit

06:00 | 25/12/2022 Environment

(VEN) - World leaders are hoping the COP28 Climate Change Summit, scheduled for November 30 to December 12, 2023, in the UAE will achieve expectations not met at the COP27 summit held in Egypt in November 2022.

Preserving nature, facilitating business

06:00 | 10/12/2022 Environment

(VEN) - In the past few years, the natural resources and environment sector of Hung Yen Province has advised authorities on state management of natural resources and the environment, contributing to provincial economic growth, industrialization and modernization.

AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

11:40 | 24/11/2022 Environment

AkzoNobel, a leading global paints and coatings company and the major producer of Dulux brand, has completed repainting the Cu Lao Xanh Lighthouse project with Dulux Weathershield®. It is the third lighthouse in Vietnam recoated under the “Lighthouse Protection Campaign” of AkzoNobel.

JTI Vietnam commits to net zero greenhouse gas emissions

16:25 | 15/11/2022 Environment

Climate change is the most urgent issue of our time, and to limit its impact on life on earth, the rise in mean global temperature should not exceed 1.5°C above pre-industrial levels. The private sector plays a huge role in helping to achieve this goal, and companies must commit and take concrete action in accordance with the Paris Agreement.

Hoa Binh Company chosen for projects in Kuwait

See also

See more news

Multimedia