British projects

The investment registration certificate is a major enabler for the establishment of the Son My LNG terminal project company. The terminal will have an installed capacity of 450 trillion British thermal unit (TBtu) and represents a total investment of about $1.4 billion. "This is an important milestone for the development of the Son My LNG terminal project, which will supply liquified natural gas (LNG) to southern Vietnam and play a major role in shaping Vietnam’s energy future by diversifying the energy mix with imported LNG," said David Stone, president of AES Vietnam. Representatives of AES (L) and PetroVietnam Gas Joint Stock Company (R) were granted an Investment Registration Certificate for the Son My LNG terminal project. Photo by PV Gas The Son My LNG terminal complements AES’s project in the Son My 2 Combined Cycle Gas Turbine (CCGT) power plant. Together, the plant and the terminal affirm AES’s commitment to Vietnam’s economic growth and energy transition … [Read more...] about PV Gas, US firm get investment registration certificate for Son My LNG terminal

Coolmate CEO Pham Chi Nhu Before founding Coolmate, CEO Pham Chi Nhu held down many jobs from retailing cosmetics to selling online on e-commerce platforms. Nhu realized that customers look at not only the brand but also the price in comparison with quality, customer service and seller commitment. Coolmate was established with the goal of building a completely new shopping model, offering a shopping solution for male customers ensuring quality, goods prices, fast delivery and customer care. Nhu said that when it comes to stocking up on wardrobe essentials, such as shirts, pants, socks and underwear, male shoppers prefer to buy in bulk for the sake of convenience. Coolmate receives investment from STIC Investments Coolmate has also implemented corporate social responsibility by non-plastic packaging, cleaning returned products, and accompanying sponsors in environmental protection programs. Labeled “Proudly made in Vietnam”, Coolmate’s apparel is all … [Read more...] about Coolmate provides shopping solution for male customers

All state firms should further shift their investment activities towards using green technology with lower carbon emission levels. The Vietnamese Government sets a target of having at least 10 state-owned enterprises (SOEs) with a market capitalization of over US$5 billion and around 25 with around $1 billion in the next five years. Production at Ca Mau Fertilizer Plant. Photo: Hoang Anh The goal was set in a Government resolution No.68 signed by Deputy Prime Minister Le Minh Khai on enhancing efficiency in the management of state resources at SOEs. For the next five years, major state corporations are expected to increase their contribution to the state budget by 5-10% compared to the 2016-2020 period. “All state firms should further shift their investment activities towards projects using green technology with lower carbon emission levels,” it noted. Under the resolution, the Government urged ministries and agencies to continue channeling SOEs’ … [Read more...] about Vietnam targets to have 10 SOEs with over US$5-billion market cap by 2025

The HCMC Delegation of the 14th and 15th National Assembly (NA) deputies visit and offer gifts to troops stationed on Con Dao Islands. The event marked the 47th anniversary of the Liberation of Southern Vietnam and National Reunification Day (April 30) and the 132nd birthday of President Ho Chi Minh (May 19). Speaking at the event, Deputy Head of the delegation Van Thi Bach Tuyet expressed her joy at the development of Con Dao Island and tourism infrastructure, preservation and promotion of historical values, and improvement of the living standards of local people and soldiers on the island. Deputy Head of the delegation Van Thi Bach Tuyet  speaks at the meeting. She believed that the coast guard force on the island will successfully complete the assigned task, contributing to the construction and protection of the island. According to the Head of the military command of Con Dao District Pham Van Non, Con Dao archipelago includes 16 islands. The district has been … [Read more...] about HCMC’s NA deputies visit coast guard on Con Dao Islands

At the Ninh Thuan tourism marketing and promotion conference According to Chairman of the People’s Committee of Ninh Thuan Province Tran Quoc Nam, the conference is a chance to introduce the province’s tourism potential to investors and businesses. Ninh Thuan belongs to the tourism triangles of Da Lat- Nha Trang- Phan Rang featuring many famous landscapes of Binh Son, Ninh Chu and Ca Na beaches, Rai cave, Nui Chua National Park, Phuoc Chua National Park, Vinh Hy Bay and more. Nui Chua National Park was recognized as the Biosphere Reserves by UNESCO while Vinh Hy Bay also received the title of National Relic Site from the Ministry of Culture, Sports, and Tourism. Bau Truc, the quintessence of Cham pottery in Ninh Thuan The province plans to develop typical tourist products and offer priority to projects in the North and South areas and Phan Rang-Thap Cham City in order to establish a complex of accommodation, shopping and entertainment in Binh Son beach. A … [Read more...] about Ninh Thuan, Ha Giang promote tourism in HCMC

National Assembly Chairman Vương Đình Huệ meets Lao Party General Secretary and President Thongloun Sisoulith in Vientiane on May 16. — VNA/VNS Photo VIENTIANE — National Assembly Chairman Vương Đình Huệ paid a courtesy visit to Lao Party General Secretary and President Thongloun Sisoulith in Vientiane on Monday during his official visit to the country. The top legislator expressed his delight and honour to visit Laos for the first time as Chairman of the Vietnamese NA. He also expressed his pleasure at witnessing the great achievements gained by Lao people in the past under the sound leadership of the Lao People's Revolutionary Party, particularly in maintaining political stability, ensuring national security and defence and economic growth amid the context of the complicated international situations and the COVID-19 pandemic. Chairman Huệ said he believed that Lao people will overcome all challenges, successfully implement the Resolution adopted at the 11th Party National … [Read more...] about NA Chairman pays courtesy visit to Lao Party leader