Cape point where two oceans meet

The move is aimed at ensuring the country's long-term self-sufficiency in oil and oil products. Vietnam National Oil and Gas Group (PVN) is planning to build an oil refinery complex worth up to US$19 billion in the southern province of Ba Ria – Vung Tau. The Nghi Son Oil Refinery plant in Thanh Hoa Province, North Central Coast of Vietnam. File photo In a proposal submitted to the Government, the PVN expected the investment would be conducted in phases, of which around 70% of the capital would be allocated for the first phase. According to the PVN, Vietnam's domestic market is set to face a shortage of 19.5 million tons of petroleum products every year by 2030, and the figure could rise to 49 million tons by 2045. At present, the domestic consumption of petrol products is estimated at 18 million tons per year. PVN forecasts the demand to continue rising to 25 million tons by 2025, and 33 million tons by 2030. However, the combined production capacity of … [Read more...] about PVN plans to build US$19-billion oil refinery-storage complex

An intelligent operation center (IOC) of Binh Phuoc province. IOC is an important solution to promote the development of e-Government in the national digital transformation process. Vietnam expects to receive support from the UK in the country's digital transformation. (Photo courtesy of VNPT) Hanoi (VNS/VNA) - The UK – Vietnam Free Trade Agreement (UKVFTA) is opening significant opportunities for enterprises from both sides to enhance cooperation in green energy transition and digital transformation as the Southeast Asian country strives to achieve net zero emissions by 2050 and embrace new drivers for economic growth. Vietnam was making strong efforts towards the goal of becoming a high-income country by 2045, to which digital transformation and energy transition are considered launch pads for the economy. During a visit to the UK from August 10 to 15, Politburo member and Head of the Party Central Committee’s Economic Commission Tran Tuan Anh said that Vietnam had set … [Read more...] about UKVFTA promotes cooperation in digital transformation, energy transition

Both sides shared the same view on development objectives and benefits of responding to traditional and non-traditional security challenges amid growing global uncertainties. The potential of Vietnam-Belgium relations in particular, and Vietnam-EU in general, remains enormous, thanks to the solid foundations of existing cooperation in various fields. Vietnam gives priority to its relations with the EU. Photo: AP Head of the Party Central Committee’s Economic Commission Tran Tuan Anh stressed the view at the meetings with European and Belgium leaders during his visit to the country from August 16-19. He stressed the main goal of bolstering the comprehensive Vietnam-EU relations and the strategic partnership between Vietnam and Belgium in the field of agriculture. According to Tuan Anh, both sides shared the same view on development objectives and the benefits of responding to traditional and non-traditional security challenges amid growing global … [Read more...] about Huge potential for cooperation between Vietnam and EU

The Vietnam Fatherland Front Committee in HCMC  holds a meeting on the preparation of the new school year 2022-2023 Speaking at the meeting this morning held by the Vietnam Fatherland Front Committee in HCMC on the preparation of the new school year 2022-2023, Mr. Nguyen Thanh Trung, Standing Vice Chairman of the Vietnam Fatherland Front Committee of Ho Chi Minh City, announced the results of parents ideas in an online survey. Mr. Trung said that currently, some districts in the southern largest city have more classrooms than their needs whereas other districts are short of classrooms. According to him, the results of a random online survey of 28,347 parents showed that the majority of parents appreciated the present tuition fee policy, the implementation of the admission procedure at the beginning of the year, the educational environment, and the curriculum. However, 6.6 percent of parents complained that donations and purchases of school supplies at the beginning of the … [Read more...] about Parents propose for upgrade of school facilities before new school year

Customers buy moon cakes at a store in HCMC. (Photo Courtesy of KIDO Group) The market this year is forecast to be a special year as last year's festival was affected by the Covid-19 pandemic so sellers could not set up booths to sell moon cakes as usual. Food producer KIDO Group this year plans to sell over 300 tons of moon cakes under KIDO’s Bakery brand. The company said that KIDO’s Bakery moon cakes will hit the market from the beginning of this month. The cakes will be sold in both online and offline channels. Online, the cakes will be available on Lazada, Tiki, and Shoppe, and offline at nearly 600,000 KIDO stores and the Chuk Chuk tea and coffee beverage chain in Ho Chi Minh City and Hanoi. To date, the company has received orders from many companies and organizations who buy the cakes as presents for their staff and partners. Mondelez Kinh Do Vietnam announced that to ensure its moon cakes reach consumers easily, safely, and conveniently, this year, the company … [Read more...] about Moon cake brands prepare for upcoming mid-autumn festival

Deputy Minister of Industry and Trade Do Thang Hai speaks at the event. (Photo: VNA) Ninh Thuan (VNA) – Industry and trade officials of 15 provinces and centrally-run cities in the central and Central Highlands region met in Phan Rang-Thap Chap city in Ninh Thuan province on August 19 to discuss measures to enhance cooperation to complete their tasks in the rest of the year. Participants highlighted a number of difficulties they are facing, and made a number of requests to the Ministry of Industry and Trade, including those related to industrial clusters, supporting industries, industrial explosives, industrial promotion, minerals, chemical environment, food safety, trade, and energy. Addressing the event, Deputy Minister of Industry and Trade Do Thang Hai affirmed that the ministry will give maximum support to localities in dealing with their difficulties. He asked the localities to promptly roll out measures to facilitate industry and trade production. He advised … [Read more...] about Central, Central Highlands localities strengthen industry-trade cooperation