Infrastructure

The Nhon Trach 3 and Nhon Trach 4 thermal power plants have been approved by Prime Minister Nguyen Xuan Phuc to complement the adjusted Power Development Plan VII (PDP7) in Decision No.212/TTg-CP dated February 13, 2017; and by the Ministry of Industry and Trade in the adjustment plan of Nhon Trach Power Station under Decision No.3453/QD-BCT dated September 6, 2017. … [Read more...] about PV Power to invest and build Nhon Trach 3 and Nhon Trach 4 thermal power plants

Quang Tri Airport, covering an area of 594 hectares, would serve passenger and cargo transportation for both civil and military uses. The project is estimated to cost VND8.014 trillion and the capital would be sourced from the state budget, businesses and investors under the PPP mode. He believes that people will not travel by air if they want to go from Phu Bai to Dong Ha in Quang Tri, because the highway there is very good. It would better if local authorities paid attention to developing roads and railways to connect Quang Tri and Phu Bai Airport. … [Read more...] about VN Civil Aviation Authority’s plans for new Quang Tri Airport face opposition

When EVFTA was about 10 days to become effective, the Copenhagen Infrastructure Partners (CIP) of Denmark, on behalf of the New Market Fund I, together with Asiapetro and Novasia Energy, signed a Memorandum of Understanding (MOU) with the People's Committee of Binh Thuan Province to develop La Gan offshore wind power projects. With an estimated total capital of US$10 billion, the project with a capacity of 3.5GW can enhance the position of Vietnam in the field of renewable energy in the world. And the successful cooperation between CIP, Asiapetro, Novasia Energy, and Binh Thuan in this project will be a foundation to attract other foreign investors to offshore wind power projects across the country. Earlier, Tesa announced that it would invest about 55 million euros, approximately $60.3 million, to open a high-tech adhesive factory specializing in serving for the electronics and automotive industries. According to the plan, Tesa will start production in 2023 with about 140 employees … [Read more...] about Opportunities to welcome high-quality FDI capital with EVFTA

"The African Energy Chamber, supported by leading energy companies, is confident that by working together, we will ensure win-win opportunities as well as engage candidly on serious issues with African governments. These frank, no-holds-barred conversations concerning our energy industry can guide African governments to create an enabling environment that is effective for investors and citizens alike." concluded Ayuk … [Read more...] about Equatorial Guinea Hold Discussions with African Energy Chamber and Updates on Energy Developments During Covid-19

“All the sectors of the national economy, including the agricultural sector, are taking steps to prevent damage from the downpour,” state news agency KCNA said on Tuesday, saying that some areas were predicted to receive as much as half a metre (20 inches) of rain. … [Read more...] about Hundreds of Koreans flee as floods trigger landslides, sweep away cars