Vietnam National Petroleum Group and Vietnam Electricity Group are working to commence an oil refining and petrochemical project. In the first phase, they will construct two power plants with a total capacity of 3,000 MW and the Van Phong LNG Terminal with a storage capacity of 180,000 cubic meters. In the second phase, they will build two more power plants with a capacity equivalent to the first phase. … [Read more...] about Van Phong Economic Zone attracts billion-dollar project
1 billion mixed use project
Viettel among investors of new high-speed under-sea cable ADC The telecom giant Viettel on June 19 announced it is among the members of a consortium developing a high-performance under-sea cable connecting Vietnam, China, Japan, the Philippines, Singapore and Thailand. … [Read more...] about How are SOEs’ outward investment projects performing?
The team, called UST, includes the only female Tran Linh Chi, from the Ho Chi Minh City University of Technology, and three males Nguyen Ba Manh Khang, Vo Le Viet Khai, and Le Thanh Duc, from the Ho Chi Minh City University of Science. … [Read more...] about Ho Chi Minh City college students create mold-resistant products from straws
Lim Hua Tiong, CEO of Frasers Property Vietnam, told VIR that thanks to the country’s strong and relatively stable economic fundamentals, the country’s real estate market is growing healthily and remains attractive to investors, especially to those from abroad. “Real estate has always been ranked within the top two sectors in terms of registered foreign direct investment (FDI). Also, there are more and more reputable developers joining the property market and setting Vietnam as their major region to develop,” Tiong said. … [Read more...] about Singaporean imprint in the Vietnamese property market
For five other sub-projects under the PPP format, the MoT has completed the pre-qualification evaluation process and launched a call for tender in late July. So far, 14 out of 16 bidders have qualified for the first round. The contractor selection process is scheduled to be completed in December, and construction is expected to start in early 2021. … [Read more...] about Vietnam to start building North-South Expressway in September