Vietnam’s effort in green energy technology production is gaining traction, with foreign-invested companies exporting green energy equipment manufactured locally. This marks a significant step towards deeper involvement in the green energy supply chain and the domestic production of crucial components. The recent export of wind turbines manufactured in Vietnam to South Korea marks a noteworthy development in Vietnam’s journey towards mastering green transition technology. The manufacturer behind this milestone is CS Wind Vietnam, a South Korean-invested company operating in Ba Ria-Vung Tau Province since 2003. These turbines are slated for installation at an offshore wind energy project in South Korea, a joint effort between SK E&S, a major South Korean conglomerate, and Copenhagen Infrastructure Partners (CIP), a global leader in offshore wind power development. However, Vietnam’s role in this endeavor remains that of a subcontractor. CS Wind Vietnam is not alone in its effort. Another significant player in green transition equipment manufacturing is General Electric (GE) Haiphong, the largest factory of GE, a multinational corporation headquartered in the U.S. state of Connecticut. Established in 2010, GE Haiphong serves as a key facility for producing parts for offshore and onshore wind turbines under GE’s renewable energy business. However, Vietnam’s commitment to […]
Vietnam’s effort in green energy technology production is gaining traction, with foreign-invested companies exporting green energy equipment manufactured locally. This marks a significant step towards deeper involvement in the green energy supply chain and the domestic production of crucial components. The recent export of wind turbines manufactured in Vietnam to South Korea marks a noteworthy development in Vietnam’s journey towards mastering green transition technology. The manufacturer behind this milestone is CS Wind Vietnam, a South Korean-invested company operating in Ba Ria-Vung Tau Province since 2003. These turbines are slated for installation at an offshore wind energy project in South Korea, a joint effort between SK E&S, a major South Korean conglomerate, and Copenhagen Infrastructure Partners (CIP), a global leader in offshore wind power development. However, Vietnam’s role in this endeavor remains that of a subcontractor. CS Wind Vietnam is not alone in its effort. Another significant player in green transition equipment manufacturing is General Electric (GE) Haiphong, the largest factory of GE, a multinational corporation headquartered in the U.S. state of Connecticut. Established in 2010, GE Haiphong serves as a key facility for producing parts for offshore and onshore wind turbines under GE’s renewable energy business. However, Vietnam’s commitment to […]
Vietnam’s effort in green energy technology production is gaining traction, with foreign-invested companies exporting green energy equipment manufactured locally. This marks a significant step towards deeper involvement in the green energy supply chain and the domestic production of crucial components. The recent export of wind turbines manufactured in Vietnam to South Korea marks a noteworthy development in Vietnam’s journey towards mastering green transition technology. The manufacturer behind this milestone is CS Wind Vietnam, a South Korean-invested company operating in Ba Ria-Vung Tau Province since 2003. These turbines are slated for installation at an offshore wind energy project in South Korea, a joint effort between SK E&S, a major South Korean conglomerate, and Copenhagen Infrastructure Partners (CIP), a global leader in offshore wind power development. However, Vietnam’s role in this endeavor remains that of a subcontractor. CS Wind Vietnam is not alone in its effort. Another significant player in green transition equipment manufacturing is General Electric (GE) Haiphong, the largest factory of GE, a multinational corporation headquartered in the U.S. state of Connecticut. Established in 2010, GE Haiphong serves as a key facility for producing parts for offshore and onshore wind turbines under GE’s renewable energy business. However, Vietnam’s commitment to […]
Despite its vast potential, Vietnam’s offshore wind power sector is grappling with the lack of a legal framework. Whether the targets in National Power...
In a historic development, the domestic coffee market has experienced an unprecedented and prolonged rise in coffee prices, spanning half of the coffee crop...
Undoubtedly, securities firms have benefited from stock market rallies, but they are undergoing significant shifts in their business models.
Robust Q1 performance
With the VN-Index having...
Credit growth regained momentum in March 2024, giving hopes that lending will further improve in the coming months. Apart from a better economic outlook,...
Vietnam’s beverage industry has experienced significant changes, fueled by the increasing health consciousness and shifts in consumer spending habits. No longer content with mere...
The State Bank of Vietnam (SBV) is drafting a ministerial circular which may greatly impact the life insurance market. The draft circular specifies that...
The Government is expected to propose the National Assembly issue a resolution allowing for a pilot scheme in which commercial housing projects can engage...