Formosa

Nestlé, Formosa, and four others expand investment in Dong Nai

April 29, 2021 | 10:00

Nestlé Vietnam, Formosa Industries Corporation, and four other foreign investors were granted investment registration certificates to expand in Dong Nai.

Formosa Ha Tinh reports $1 billion in accumulated losses

September 03, 2020 | 10:40

Years after its environmental scandal and the second blast furnace going into operation, the accumulated losses of Formosa Ha Tinh have risen to $1.1 billion.

Toiling steel ventures ask for state urgency

April 02, 2020 | 10:00

The unpredictability of the global coronavirus outbreak has disrupted the demand for steel and forced steel projects to lay idle or cut production.

Glut in steel forcing industry leaders to halt programmes

November 08, 2019 | 09:00

The largest steelmaker in Vietnam is considering a hold on its third blast furnace facility due to concerns with China’s steel presence in the country.

Industrial zones in red alert over fire prevention

April 16, 2019 | 10:27

Factory fires across Asia, and this month's two fires in Vietnam, are ringing the alarms for producers and industrial park operators.

Production boosted by new launches

August 10, 2018 | 08:00

Some major projects boosting their operations have contributed to the Vietnamese economy’s seven-month industrial growth, which is expected to continue its uptrend until the end of the year.

Industrial production maintains high growth of nearly 11pc in 7 months

July 31, 2018 | 08:00

Vietnam’s index of industrial production (IIP) scored a growth of 10.9 per cent in the first seven months of this year, up 7.1 per cent against the same period last year, the General Statistics Office announced.

Gov’t pledges to protect investors’ legitimate interests

July 23, 2018 | 15:04

PM Nguyen Xuan Phuc reaffirmed the Government attaches importance to improving business environment and protecting the interests of investors on the basis of Vietnamese laws during his tour to Formosa Ha Tinh Steel Corporation (FHS) on Friday.

Formosa conspicuously missing from MoNRE investigation plan

May 02, 2018 | 12:17

Formosa Group is surprisingly not on MoNRE’s list of enterprises and industrial zones to be inspected this year.

Hoa Phat Group accelerates $3 billion ill-fated Dung Quat steel complex 1

April 03, 2018 | 10:19

Hoa Phat Group is focusing on the construction of the two phases of $3 billion Hoa Phat Dung Quat steel complex.

Hoa Phat Group not afraid to compete with Formosa

March 23, 2018 | 16:08

Hoa Phat Group put down concerns over competition with Taiwanese Formosa project as well as the recent US tariff threats on steel and aluminum imports.

Formosa Ha Tinh runs falsely registered waste treatment technology

July 12, 2016 | 14:27

Taiwanese Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. (HFS), the operator of the notorious $10.5 billion steel and port complex in the central province of Ha Tinh, has been detected to arbitrarily use inadequate waste treatment technology, discharging various harmful chemicals, instead of the environmentally friendly technology as it initially registered.