AGP Executive Report
Last update: an hour agoIndustrial Investment: China’s Chalieco won an $833 million contract to build a 2.4-million-ton-a-year alumina plant in Binh Phuoc, with construction expected to take 27 months. Clean Energy: Singapore gave conditional approval to a regional plan to import up to 1.3 gigawatts of renewable power from Vietnam and Malaysia from 2035. HSBC also arranged a $105 million green loan for battery storage at 70 EVNNPC substations. Infrastructure: Ho Chi Minh City is seeking private investment for transport and logistics projects, including four gateway roads with proposed investment of about $2.32 billion. Technology: Vietnam’s first chip plant is unlikely to meet its 2027 target, with equipment plans involving ASML still unresolved. Trade: Textile and garment exports topped $36 billion in the first nine months, up 3.3% year on year, though firms face pressure on margins. Vietnam and Poland also established a strategic partnership during Polish Prime Minister Donald Tusk’s visit.
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