ExxonMobil to kick off multi-billion dollar gas-to-power complex in October

ExxonMobil Corporation from the US is completing the geological survey and build the design of the pipeline installation, aiming to conduct the construction of the onshore infrastructure of the Blue Whale (Ca Voi Xanh) gas-to-power complex located in the central provinces of Quang Nam and Quang Ngai.   ExxonMobil seems eager to start project implementation   At a working session with..

Bình Dương supports investors

Authorities in the southern province of Bình Dương and the representatives of South Korean companies operating in the province met on Wednesday to resolve difficulties faced by businesses in the area.   illustration photo source:   At the meeting, companies raised questions about human resources, product displays, business expansion, fire prevention, work safety,..

$4-billion South Hoi An casino officially starts construction

Contractor Coteccons today began the construction of the first phase of the $4-billion South Hoi An integrated casino resort, now named Hoiana, located in the central province of Quang Nam.   The first phase of Hoiana casino and resort complex will start operation in 2019   The project is invested by a joint venture of Vietnam-focused asset management firm VinaCapital, Macau-based SunCity..

Taiwan eyes Vietnamese healthcare sector

Taiwan is increasing its focus on the Vietnamese healthcare sector with a view to promoting quality healthcare services and smart healthcare solutions in the country.   Representatives of the Taiwanese healthcare sector visited Taiwan Expo 2017 to promote cooperation   Angela Chang, manager of the Taiwan External Trade Development Council, said that most state hospitals in Vietnam are..

New wave of billion-dollar FDI projects hits Vietnam

In the first seven months of this year, Vietnam lured in nearly $22 billion in foreign direct investment (FDI) with the comeback of multibillion dollar projects, promising a breakthrough in FDI attraction for the whole year.   The location of the future Thu Thiem New Urban Area    The age of multibillion dollar projects   On July 25, Korean Lotte Group and the Ho Chi Minh City..

7M FDI exceeds $20bn

7M FDI exceeds $20bn Illustrative image (Source: Processing and manufacturing led by sector in first seven months, Thanh Hoa province by destination, and South Korea by source. As at July 20, total foreign direct investment (FDI) into Vietnam stood at some $21.9 billion, with disbursed capital at $9.05 billion, an increase of 5.8 per cent year-on-year. Foreign investors..

The ultra-clear float glass facility to start construction

The ultra-clear float glass production facility, mainly used in solar panels, started construction in the southern province of Ba Ria-Vung Tau yesterday, to meet the booming demand of the solar industry.   Vietnam's first ultra-clear float glass production facility will primarily produce for export   The project is developed by Phu My Ultra Clear Float Glass Co., Ltd, a consortium of..

ASEAN creates a base in Vietnam

Regional trade pacts and business climate improvements have made Vietnam become a manufacturing hub for ASEAN investors and firms.   Vietnam’s cement sector has allured ASEAN investors with some big acquisition deals, Photo: Quynh Trang   Rebecca Fatima Sta Maria, senior policy researcher from the Economic Research Institute for ASEAN and East Asia (ERIA), said that under the..

PM okays Van Don EZ development

Prime Minister Nguyen Xuan Phuc has given the northern province of Quang Ninh the go-ahead to develop the Van Don Economic Zone as a special administrative-economic unit.   Prime Minister Nguyen Xuan Phuc has given the northern province of Quang Ninh the go-ahead to  develop the Van Don Economic Zone as a special administrative-economic unit.— Photo   The province has..

Japan-invested firm opens US$42 mln factory in Binh Duong

The Japanese-invested TPR Vietnam Co. Ltd on July 21 put into operation a factory producing gaskets, electric mattress pads and plastic products for daily use in the southern province of Binh Duong.     The plant, based at the Vietnam-Singapore Industrial Park 2 in Tan Uyen township, was built at a cost of more than US$42 million.   Kishi Masanobu, General Director of Japan’s TPR..

Vinamilk mulls over new dairy cow farm in Quang Ngai

Vietnamese dairy giant Vinamilk is planning to develop a dairy cow farm project in Mo Duc district of the central province of Quang Ngai.   The meeting between Vinamilk and Quang Ngai leaders   On July 18, Vinamilk's leaders worked with local authorities on the investment plan. The firm has been studying the locations suggested by the local people's committee and has found Duc Phuc..