Italia-based HP Motorcycle Co has just signed a memorandum of understanding on the establishment of a motorbike assembly and manufacturing joint venture in Vietnam, according to newswire Vneconomy. see more
Sapporo Holdings Ltd. (Japan) will build a brewery in Long An Province after buying a majority stake in Kronenbourg Vietnam Ltd. (KVL)This beer plant will be the first brewery to be built by a Japanese brewer in Vietnam – where beer demand increases more than 10% or more per annum. see more
Canon has established its new sales company in Ho Chi Minh City, with targeted revenue of $500 million to 2016.Canon’s new marketing subsidiary, Canon Marketing Vietnam Company Limited (CMV) with investment of $3 million from Canon Singapore, planned to start operations in August, 2012 with around 40 employees.The new company aims to create an import, distribution, sales and services system for Canon products in Vietnam. It will support Le Bao Minh, Canon’s authorised dealer in Vietnam, and other dealers in areas of sales, marketing and services. see more
Thua Thien-Hue province has sold its 50 percent stake in the Hue Brewery Company to Carlsberg, making the Danish beer giant the 100 percent owner.The deal is valued a total of 1.8 trillion VND (93 million USD) for its two breweries and the Huda Hue brand name. see more
South Korea's Daelim Industrial Co. Ltd said it had won a thermal power plant order worth 321.6 billion won ($285 million) from Cantho Thermal Power Company Ltd in Vietnam. Daelim said it planned to complete the project by October 2015. see more
