January 14, 2012
Vietnam aims to raise its coal output to 55-58 million tons in 2015 from an estimated 48.9 million tons this year in an effort to meet demand for fast-growing electricity production, the government said. Output is projected to rise to more than 75 million tons by 2030 thanks to the exploitation of new sites, [...]
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December 12, 2011
Rice exports from Vietnam, the second-largest shipper, reached a record level, boosting supply at a time when floods and government policies may reduce flows from Thailand, the largest exporter. Shipments totaled 6.84 million metric tons in the year through Dec. 8, the Vietnam Food Association said today. That’s more than the 6.75 million tons [...]
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September 23, 2011
Vietnam, the second-largest coffee grower, may produce a record crop in the upcoming harvest as favorable weather and a larger cultivated area boost output in the 2011-2012 season, increasing global supplies. Production may total 1.32 million tons, according to the median estimate in a Bloomberg survey of 12 traders, growers and exporters. That compares [...]
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September 9, 2011
Vietnam’s first alumina refinery would start producing in November, after several delays, and sell an expected 50,000 tons this year directly to clients without any tenders, the company operating the plant said on Friday. Alumina output at the $460 million Tan Rai plant would rise to 350,000 tons next year, around half its projected [...]
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August 4, 2011
PetroVietnam has launched the 2011 licensing round for nine oil and gas blocks offshore Vietnam, the first since 2007 and the most in recent years, while Vietsovpetro will boost investments, as the country works on reversing declining output and exports. Vietnam, a net oil exporter and Southeast Asia’s third-largest producer, has been facing falling [...]
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July 1, 2011
Crude oil and gas production is expected to start next August at a jacket of the Te Giac Trang field offshore Vietnam, which would nearly double the field output to 95,000 barrels per day (bpd), operators said. Te Giac Trang (White Rhino) in block 16-1, operated by Hoang Long Joint Operating Co and where [...]
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June 27, 2011
Coal mining in the northern province of Quang Ninh. Vietnam, a major coal exporter, imported its first load of the fuel this month. Vietnam imported its first load of coal this month even as it continues exporting large quantities of the fuel. This is irrational and the country should have stopped exporting it years ago, [...]
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June 6, 2011
Vietnam's tra fish output has reached 1.35 million tons per year. Vietnam’s tra fish farming area has expanded five times over the past ten years, with total output reaching 1.35 million tons, an industry group said Saturday. The increased output has allowed the country to export the fish to 136 markets around the world, the [...]
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June 1, 2011
Breweries savor the market fizz A promo model at a booth set up by local beer maker Sabeco at a beverage fair in Hanoi. With its 86 million population, tropical climate and beer-lovers, Vietnam is a booming beer market. If one was asked to single out one industry with a great growth potential in [...]
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May 25, 2011
VietinBank, Vietnam’s largest listed bank, will lend $200 million for the expansion of the Dai Hung oil field, part of a broader effort to increase national output by 2015, state-owned field operator PetroVietnam said on Wednesday. The seven-year loan facility was signed in Hanoi to finance the second phase of the expansion, PetroVietnam Exploration [...]
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