AGP Executive Report
Last update: 2 hours agoEnergy: SK Earthon has begun oil production at an offshore Vietnam field estimated to hold 60 million barrels. Murphy Oil also reported first oil at Lac Da Vang and a new discovery offshore, with production expected to build through 2028. Offshore Wind: Pacifico Energy has secured survey licences for two projects totaling 1.8 GW, which could draw more than US$6 billion and create work across ports, logistics, fabrication and construction. Manufacturing: Oji Group has broken ground on a US$110 million packaging-materials plant in Dong Nai, designed to produce material for up to eight billion cartons a year from 2028. Samsung affiliates plan US$9.15 billion in semiconductor investment, with nearly US$6 billion earmarked for Vietnam. Industrial Growth: Vietnam is pushing to strengthen links between domestic suppliers and foreign-invested manufacturers, as the IMF forecasts the country will lead major Southeast Asian economies with 8.4% growth this year.
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