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Japan's Honda to open second Indonesia car plant

Japan's Honda to open second Indonesia car plant

Japanese auto giant Honda on Thursday said it would invest US$320 million in a new car plant in Indonesia, just days after saying it would build a new motorcycle factory in the fast-developing country

Vietnamese company builds plant in Laos

The groundbreaking ceremony for a Vietnamese-invested factory to manufacture starch from cassava was held in the Lao province of Bolikhamxay on Mar.12.

Rok firm opens second stainless steel plant in Vietnam

The Korean Posco Vietnam Stainless Steel (Posco VST) company opened its second stainless steel cold rolling mill on Mar. 7.

Piaggio launches motorcycle engine plant in Vietnam

Piaggio launches motorcycle engine plant in Vietnam

HCMC – The motorcycle maker Piaggio on Thursday launched a new engine manufacturing plant in Vinh Phuc Province to serve production of Piaggio Vietnam factory with an expected capacity of 300,000 units a year.

Intel Expands Production In Vietnam

Intel Expands Production In Vietnam

According to the summary report 2011 of the Saigon Hi-Tech Park (SHTP) Authority, the export value of firms in SHTP last year doubled that of 2010, with Intel Products Vietnam accounting for around 45%.

VN to better control fruit, vegetable exports

VN to better control fruit, vegetable exports

The Ministry of Agriculture has asked the Plant Protection Department to step up inspections of fruits and vegetables exported to Europe following complaints from buyers

Ministry urges inspection of fruit exported to Europe

HANOI – The Ministry of Agriculture has asked the Plant Protection Department to step up inspections of fruit and vegetables bound for Europe following complaints from buyers that many batches shipped there are not safe for consumers.

Potassium fertilizer supply to be more stable

HCMC – Vietnam will have new supply of potassium fertilizer from 2014 when a plant invested by Vietnam National Chemical Group (Vinachem) in Laos with an annual production output of 320,000 tons comes into operation.

Fukushima operator TEPCO expects $8.95bn loss

Fukushima operator TEPCO expects $8.95bn loss

TEPCO, the operator of the crippled Fukushima Daiichi nuclear plant on Japan's northeast coast, said on Monday it expects to post a net loss of $8.95 billion in the year to March.

Japan priest fights invisible demon: radiation

Japan priest fights invisible demon: radiation

On the snowy fringes of Japan's Fukushima city, now notorious as a byword for nuclear crisis, Zen monk Koyu Abe offers prayers for the souls of thousands left dead or missing after the earthquake and tsunami nearly one year ago

From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the