AES Corporation said that the $1.2 billion AES Colon LNG hub, the first liquefied natural gas (LNG) hub in Panama and Central America has started commercial operations. The AES Colon LNG hub, comprises an LNG tank with a storage capacity of 180,000 m3 and a 381MW combined cycle power plant – which started commercial operations […]
US-based electric utility AES Corporation has been given approval by the Vietnamese government to develop the Son My 2 power plant, a 2.2GW combined cycle gas turbine (CCGT) facility to be built in Binh Thuan, Vietnam. Located in the south-central part of Vietnam, the Son My 2 power project will be supported by a 20-year […]
TA Associates, a US private equity firm, has invested an undisclosed amount of money in MISA Joint Stock Company, a software provider in Vietnam. MISA with more than 1,500 employees offers accounting, financial, enterprise resource planning and business management software to enterprises, government and individuals across Vietnam. The company serves over 70,000 government sector clients […]
Global growth private equity firm TA Associates has closed a minority investment in Vietnamese software provider MISA Joint Stock Company, as per the latest IT industry news. Financial terms of the transaction were not revealed. Established in 1994, MISA caters to government, enterprises, and individuals in Vietnam with its accounting, financial, enterprise resource planning (ERP) […]
Messer, a German industrial gases company, has commissioned an air separation plant in Dung Quat, Vietnam, located on the site of the new steelwork of the Hoa Phat Group. The new air separation facility will supply air gases to the Vietnamese steel producer directly through a gas pipeline. The new air separation plant in Dung […]
Drinks acquisition news : Vietnam Beverage, a subsidiary of Thai Beverage (ThaiBev), arguably the largest beverage company in Thailand has won a bid to acquire a stake of 54% in Vietnamese state-owned brewer Saigon Beer Alcohol Beverage Joint Stock Corp (Sabeco) for a sum of SGD 6.5 billion ($4.8 billion). Vietnam Beverage is the domestic […]
Food acquisition news : Vietnam Dairy Products Joint Stock Company better known as Vinamilk has bagged an equity investment of $616.6 million from Singapore-based Jardine Cycle and Carriage in return of a stake of 5.53% in the Vietnamese dairy producer. The equity investment in Vinamilk by Jardine Cycle and Carriage was done through the latter’s […]