November 17, 2011
A part of Dung Quat oil refinery in the central province of Quang Ngai. The refinery is the mainstay of the Dung Quat Economic Zone. Coastal economic zones have developed strength in numbers, but failed to pull their weight. They are characterized by sluggish development, low occupancy rates, modest investments and very small contribution [...]
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September 12, 2009
LookAtVietnam – Taiwan’s Formosa Heavy Industries Group has got the green light to build a $12.47 billion petro-chemical and oil refinery project in Vung Ang Economic Zone. The project follows the Dung Quat refinery’s lead in fuelling the local energy sector’s rapid development.LookAtVietnam – Taiwan’s Formosa Heavy Industries Group has got the green light to [...]
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September 11, 2009
LookAtVietnam – Many large power generation projects will face delays in implementation if they have to go through all the stipulated administrative procedures. The National Assembly’s Resolution 66 issued in 2006 stipulates that investment projects which have the investment capital of 20 trillion dong and higher and have 30 percent of total investment capital coming [...]
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August 21, 2009
LookAtVietnam – Ha Tinh provincial authorities have shifted their support from one steel project to another, inspiring questions about their judgment and the overall trend of decentralization policies. Vietnam is applying the decentralisation scheme in licensing investment projectsInvestors suddenly ‘lost’ premises for steel complex In May and June 2007, when agreements were signed, the Tata-VNSteel steel [...]
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August 2, 2009
Domestic coffee price up by VND300-400 per kilo; PM gives nod to int’l border-gate city in Quang Ninh; Vietnam, Indonesia discuss sea, fishing cooperation; Programme helps raise garment industry’s competitiveness; Plan to develop rubber plantations until 2015 Domestic coffee price up by VND300-400 per kilo The domestic price of coffee on July 31 rose by [...]
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July 24, 2009
Southern helicopter firm increases fleet; US consultants for Vung Ang thermo-power plant; Sembcorp to build big township and IP in Vietnam; Shares rise following credit reassurances Vietnam’s Southern Service Flight Company has increased the size of its fleet with a long-range passenger transport helicopter just delivered by Eurocopter, the helicopter manufacturer said in a statement [...]
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June 19, 2009
PetroVietnam’s revenue down with world prices; Energy exhibition opens in Hanoi; US company provides supplies for Vung Ang I power plant; Accountants urge firm governance The Viet Nam National Oil and Gas Group (PetroVietnam) reported a revenue of just VND95.5 trillion (US$5.3 billion) in the first five months of this year, 21 per cent lower [...]
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April 13, 2009
LookAtVietnam – The Military Bank (MB) has pledged to provide loans totalling US$200 million for the National Oil and Gas Group (PetroVietnam) and its affiliates for the period 2009-10. The country’s first oil refinery,Dung Quat, in the central province of Quang Ngai. The Military Bank and PetroVietnam signed a credit contract worth $200 million to [...]
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April 11, 2009
Investors welcomed in central province of Quang Ngai; Finance ministry suggests extending income tax exemption; Many FDI businesses in Hanoi recruit workers again; Major measures adopted to boost investment; Vietnam targets rice exports towards Africa Investors welcomed in central province of Quang Ngai The central province of Quang Ngai recently issued a master plan to build a tourist, [...]
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March 1, 2009
Steel sales likely to rise 5-10 percent; Banks rushing to raise interest rate; Automobile imports drop sharply; VN-Index ends week on an uptick; Resettlement area built in Ha Tinh; Two-fold increase in rice exports Steel sales likely to rise 5-10 percent Vietnam consumed 300,000 tonnes of steel in February, an equivalent to the volume in December [...]
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