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Hanoi (VNA) – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has agreed to provide 1.5 trillion VND (65.1 million USD) in credit for the PetroVietnam Gas Corporation (PV Gas) to finance the second phase of the adjusted Nam Con Son 2 Gas Pipeline Project. The credit agreement marks a new milestone in the comprehensive strategic partnership established in 2018 between the two State-owned enterprises. Part of the Master Plan for Vietnam’s Gas Industry Development to 2025 and a vision until 2035, the project is significant for the synchronous development of infrastructure in the country’s gas industry and will help enhance the capacity and flexibility of local gas projects. The first phase, laying 151 km of undersea pipeline off the coast of southern Ba Ria-Vung Tau province, was completed in 2015. The second phase will build main pipelines for transporting gas from the Cuu Long and Nam Con Son fields to the mainland. PV Gas General … [Read more...] about Vietcombank provides 65 mln USD in credit to PV Gas pipeline project

3 - Partnership members, for partnerships; private enterprise owners; members, for limited liability companies; founding shareholders, for joint stock companies; and at-law representatives, for limited liability and joint stock companies, must be those who have not held one of the above positions at a multi-level marketing business which has its multi-level marketing registration certificate under Decree No. 42/2014/NĐ-CP on management of multi-level marketing activities and this Decree. … [Read more...] about Conditions for registering for multi-level marketing activities

During the first year of serving as a non-permanent member of the UNSC for the 2020-2021 tenure, Vietnam made a number of hallmarks such as pushing forward the UNSC’s adoption of the Presidential Declaration on the compliance with the UN Charter, organising the ASEAN-UN dialogue, and especially proposing and promoting the UN General Assembly’s Resolution on designating December 27 as International Day of Epidemic Preparedness for the first time. … [Read more...] about VIETNAM NEWS JANUARY 20

At Trang Airport, there have been quite small numbers of passengers. However, strict COVID-19 prevention measures have still been in place. The Trang Airport Director said the new wave of COVID-19 infections has led many provinces to control passenger numbers in and out of the region, and people are asked to refrain from traveling between provinces. As a result, the number of passengers using Trang airport has decreased. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20