Sea water in central Vietnam meets environmental standards: authority

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Báo Tuổi Trẻ English 5 day(s) ago

Sea water in four central Vietnamese provinces hit by the Formosa pollution crisis last year is finally back to meeting environmental safety standards, the Vietnam Environment Administration (VEA) announced this week.

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Shipbuilders flout contracts in fishing boat scandal in central Vietnam: inspectors

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Báo Tuổi Trẻ English 6 day(s) ago

Two shipbuilders responsible for 18 fishing boats which suffered damage shortly after delivery were found to have violated the technical specifications listed in their contracts with fishermen in the south-central province of Binh Dinh, inspectors said Thursday.

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Vietnam’s environment protection chief dismissed over Formosa disaster

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Báo Tuổi Trẻ English 1 week(s) ago

A chief of environmental protection operations under Vietnam’s Ministry of Natural Resources and Environment has been dismissed for his management oversight that had led to the Formosa disaster last year.

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PEB Steel: first in Myanmar with $25 million investment

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Báo Đầu Tư English 1 week(s) ago

PEB Steel extends its regional reach to Myanmar with a $25 million investment in the latest steel manufacturing facility, capitalising on the country’s booming construction industry.

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Vietnamese company admits to building fishing boats with car engines

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Báo Tuổi Trẻ English 2 week(s) ago

A local shipbuilder has admitted to equipping engines originally intended for road-based vehicles on fishing boats delivered to fishermen in south-central Vietnam, but has put the blame on the engine supplier and the maritime registration agency.

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Da Nang to relocate residents away from polluting steel plants

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Báo Tuổi Trẻ English 2 week(s) ago

The administration of Da Nang City has decided to relocate residents living near two steel plants found to be causing pollution in the area.

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Shipbuilders allegedly buy silence as poor-quality fishing boats inspected in central Vietnam

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Báo Tuổi Trẻ English 2 week(s) ago

Many shipbuilders in central Vietnam, whose steel-clad fishing boats proved to be of poor quality shortly after delivery, have been accused of paying local fishermen to buy their silence ahead of an inspection into their substandard products.

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Formosa to press ahead with factory launch despite recent explosion

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Báo Đầu Tư English 3 week(s) ago

Llime kiln dust filter explosion in Formosa Ha Tinh Steel project has very little impact on the preparations for the factory launch, but the giant steel complex has been under strict governmental supervision since the environmental disaster it caused last year.

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Shares gain on VN-US business deals

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Báo Đầu Tư English 3 week(s) ago

Shares ended positive in both local markets on Thursday as investor confidence was bolstered by positive meetings between Viet Nam’s Prime Minister Nguyen Xuan Phuc and US officials and businesses.

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Stocks advance on positive outcome of PM-Trump meeting

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Báo Đầu Tư English 3 week(s) ago

Shares rose in both local markets on Thursday morning, lifted by investor confidence following the meeting between the Prime Minister and the US president.

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Photos: Abandoned $145mn steel plant in northern Vietnam

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Báo Tuổi Trẻ English 3 week(s) ago

The ‘legacy’ of the infamous, and now defunct, state-run Vinashin not only includes a loss-making shipbuilder and its debt-ridden subsidiaries, but also a deserted multimillion-dollar steel in northern Vietnam.

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Investors lose confidence, sell up

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Báo Đầu Tư English 3 week(s) ago

Viet Nam’s benchmark VN Index extended losses for a second day on Wednesday as investor confidence remained weak on worries about market conditions following a sharp drop on Tuesday.

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Vietnam to impose duty on Chinese, South Korean and Taiwanese steel sheets

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Báo Tuổi Trẻ English 3 week(s) ago

Vietnam will impose quotas and so-called safeguard duties on imported painted-galvanised steel from China, South Korea and Taiwan for three years to protect domestic producers, its trade ministry said on Wednesday.

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Inspection team sent to investigate explosion at Formosa plant

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Báo Đầu Tư English 1 month(s) ago

A team of officials of Ha Tinh province and the Ministry of Natural Resources and Environment (MoNRE) travelled to Formosa steel plant in Ha Tinh’s Ky Anh district immediately after receiving reports on an explosion at the plant on May 30.

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Blast occurs at Formosa lime kiln in central Vietnam

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Báo Tuổi Trẻ English 1 month(s) ago

An explosion has occurred at a lime kiln operated by Formosa Plastics Group's steel plant in the north-central Vietnamese province of Ha Tinh, one day after the firm piloted its first blast furnace.

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