Latest Scandinavian Vietnam News

Jotun ready to pour more investment in Vietnam

Norwegian owned paint producer Jotun Paints Vietnam plans to invest additional US$5 million this year to expand its production facility and subsequently, its capacity to produce 10 million liters annually, up from its current 1.3 million liters.      The company will also this year diversify its products to include paints for residential housing. Currently, it offers…

SARS impact: key factor is time it takes

The Nordic diplomatic representations and the Nordic business associations in South East Asia were almost unanimous in their evaluation of the impact of SARS on the economic relations between their respective home countries and their current country of residence.      In a quick survey conducted by Dmelettronica at the height of the crisis in April all…

Vietnam SARS free

Vietnam has been removed from the WHO list of countries hit by the mysterious pneumonia-like virus infection, SARS and the advice to avoidtravelling to Vietnam has been lifted.      Vietnam registered 68 SARS cases since the disease was discovered in late February. Five of these have died and 58 others have recovered fully and checked out…

Vietnam is better than you think

“Swedish corporations established in Vietnam are extremely pleased with their presence and doing very well,” says Mr. Niels Sundvik, Sweden’s dynamic Consul General in Ho Chi Minh City.       “For some of them, Vietnam is their best emerging market in Asia,” he elaborates.      “For many it is the fastest growing market. And for all of…

Mission Completed!

When Per Brekke, Managing Director of ABB in Vietnam by March 2003 leaves his position for a job back at ABB in Norway, it will be with a nice sense of “Mission Completed”.      Per Brekke arrived Hanoi in January 2000 with his main assignment to evaluate what to do with ABB’s ailing factory in Vietnam,…

Norway in Asia seminar in March 2003

The conference takes place again this year at Beaufort Hotel on Singapore’s Sentosa Island on 13th and 14th March 2003, organised jointly by the Norwegian Business Association in Singapore, the Norwegian School of Management, the Norwegian Embassy in Singapore and other embassies in the region.      The event is subtitled Experiences and Expectations. The three main…

Carlsberg Asia acquires brewery in China

Carlsberg Asia has acquired through its subsidiary Carlsberg Brewery Hong Kong Ltd. the entire share capital of the Chinese brewery Kunming Huashi Brewery Company Ltd. from the Zhejiang K.K. Group.The acquisition is subject to the approval of Chinese authorities. The brewery is situated in Kunming, the biggest city of the Yunnan province in the south…

New Board after AGM in HCMC

The Nordic Chamber of Commerce in Ho Chi Minh City elected a new board of directors at its Annual General Meeting in November.      The following members were reelected: Sigmund Stromme, Norway; Arild Haugan, Norway; Anders Moller, Denmark; Peter Svarrer, Denmark; Niels Sundvik, Sweden; Nguyen Thi Mong Ngoc, Sweden.      Elected for the first time to the…