VnExpress News The News Gateway of Vietnam

VinES Energy Solutions, a unit of Vietnam’s largest conglomerate Vingroup JSC and China’s Gotion High-Tech, have commenced construction of a $275 million battery factory in the Southeast Asian country, Vingroup said on Friday. The factory in the central province of Ha Tinh will annually produce 30 million lithium iron phosphate …

Major food producer KIDO has divested its entire stake in Cai Lan Oils and Fats Industries Company, the producer of cooking oil brands like Neptune, Simply and Meizan. Vocarimex, a KIDO subsidiary, has sold its 24% stake in the company for VND2.158 trillion (US$87 million) to Siteki Investment belonging to …

Malaysia’s jailed ex-leader Najib Razak’s graft-tainted party is seeking to cement its grip on power as the country goes to the polls on Saturday, but analysts say the race is too close to call. Najib’s United Malays National Organisation (UMNO) usually dominates politics in the Southeast Asian country, but suffered …