Steel investors withdraw from project, leaving bad taste in locals’ mouths

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VietnamNet English 2 month(s) ago 1 related news

Steel investors withdraw from project, leaving bad taste in locals’ mouths

VietNamNet Bridge – The mammoth $3 billion Guang Lian steel complex is very likely to be crossed off the list of foreign-invested projects in Vietnam as some investors have left, and the only remaining investor is considering leaving.

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Japan’s JFE exits $3bn Taiwanese steel project in Vietnam, citing ‘oversupply’

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

Japan’s JFE exits $3bn Taiwanese steel project in Vietnam, citing ‘oversupply’

Japan's second largest steelmaker JFE Steel Corporation announced on Tuesday that it has pulled out of a mammoth Taiwanese project in central Vietnam after two years of studying the feasibility of the US$3 billion steel sheet production plant.

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Saudi firm to join Thailand’s PTT in $20bn Vietnam oil complex

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Báo Tuổi Trẻ English 2 month(s) ago

Saudi firm to join Thailand’s PTT in $20bn Vietnam oil complex

Top Thai energy firm PTT Pcl has completed its feasibility study on a mammoth refinery and petrochemical complex in Vietnam, including the presence of a new partner from Saudi Arabia, a Vietnamese official said Friday.

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Thailand’s Amata to build $530mn complex in southern Vietnam

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Báo Tuổi Trẻ English 3 month(s) ago

Thailand’s Amata to build $530mn complex in southern Vietnam

Thailand’s Amata Corporation Plc closed a deal on Thursday with a southern Vietnamese province on several cooperation programs, including the establishment of a US$530 million complex in the locality.

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Formosa still committed to US$10bln steel plant

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VietnamNet English 4 month(s) ago 1 related news

Formosa Plastics Group, the largest industrial conglomerate in Taiwan, still remains committed to the construction of the mammoth integrated steel mill in Vietnam, despite the Vietnamese government’s rejection of a special economic zone designation for the project.

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Gencos lack attraction

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Báo Đầu Tư English 4 month(s) ago

Gencos lack attraction

Despite optimism from the group’s leaders, state-owned Electricity of Vietnam and its power generation subsidiaries are still facing mammoth obstacles to finishing their mandated equitisation.

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Formosa still committed to US$10bln steel plant

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VOV News English 4 month(s) ago 1 related news

Formosa Plastics Group, the largest industrial conglomerate in Taiwan, still remains committed to the construction of the mammoth integrated steel mill in Vietnam, despite the Vietnamese government’s rejection of a special economic zone designation for the project.

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Vietnam requires dairy firms to set annual price caps

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Báo Thanh Niên English 7 month(s) ago

Vietnam requires dairy firms to set annual price caps

Prime Minister Nguyen Tan Dung approved a Finance Ministry plan, Tuesday, designed to impose one-year price caps on children's dairy products, after researchers reported the major firms had implemented price hikes in spite of huge profits.

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Mammoth desalination equipment shipped to Saudi Arabia from Vietnam

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Báo Tuổi Trẻ English 7 month(s) ago

Mammoth desalination equipment shipped to Saudi Arabia from Vietnam

Doosan Vina, a Korean heavy industry manufacturer based in central Vietnam, announced Monday the completion of its newly-made desalination equipment about the size of a football (soccer) field under an order from a Saudi Arabian partner.

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Doosan Vina ships desalination evaporator to Saudi Arabia

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VOV News English 7 month(s) ago

Doosan Vina ships desalination evaporator to Saudi Arabia

(VOV) -Doosan Vina’s Water Shop announced on April 21 that they has tightened down the final bolts on a 4,500 ton plug-n-play multistage flash desalination evaporator and shipped it to Saudi Arabia.

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Vietnam has had enough of hundred-billion dollar projects

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VietnamNet English 8 month(s) ago

Vietnam has had enough of hundred-billion dollar projects

VietNamNet Bridge – Vietnam, having been burned several times with “super projects”, now casts a suspicious eye on proposals for mammoth, multi-billion dollar projects.

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Casinos in Vietnam and for Vietnamese, why not?

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VietnamNet English 8 month(s) ago

Casinos in Vietnam and for Vietnamese, why not?

VietNamNet Bridge – Casinos would surely bring hefty revenues. But Vietnam should have, at most, two casinos, say experts. That said, they also agree that the casinos should be open to all, including Vietnamese.

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Nghe An’s people unprotected from wild elephants

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VietnamNet English 8 month(s) ago

Nghe An’s people unprotected from wild elephants

VietNamNet Bridge – A constant fear of attack from wild elephants pervades the commune of Phuc Son. It’s a fear that locals have been forced to live with for the last many years.

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Why Vietnam wants to attract multi-billion dollar FDI projects?

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VietnamNet English 8 month(s) ago

Why Vietnam wants to attract multi-billion dollar FDI projects?

VietNamNet Bridge – Vietnam not only covets the massive amounts of capital brought in by big foreign investors. It aims to many more things when trying to attract foreign invested mammoth projects.

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PM sets up board to tackle bad debt

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VietNam News English 9 month(s) ago

PM sets up board to tackle bad debt

Prime Minister Nguyen Tan Dung has set up an inter-disciplinary steering board to lead the mammoth projects of restructuring credit institutions by 2015 and resolving bad debts of the system.

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