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PetroVietnam proposes 19-billion-USD petrochemical complex, oil storage project

August 18, 2022 by en.vietnamplus.vn

A view of Nghi Son Petrochemical and Refinery Plant (Photo: baodautu.vn ) Hanoi (VNA) – The Vietnam Oil and Gas Group (Petro vietnam ) has proposed the Government invest in a petrochemical and refinery complex and national oil storage in Long Son oil and gas industrial park in Long Son commune, Vung Tau city in the southern province of Ba Ria-Vung Tau, with a total investment of nearly 19 billion USD in two phases. The complex comprises two parts – a petrochemical and refinery plant project and a project to build a national storage for crude oil and petrol products. In the first phase, the petrochemical and refinery plant will have a capacity of processing 12-13 million tonnes of crude oil per year, along with 0.66 million tonnes of condensate, LPG and Ethane. The output of the plant will be 7-9 million tonnes of petroleum and 2-3 million tonnes of petrochemicals each year. In the second phase, the plant will receive additional investments to increase its output by 3-5 … [Read more...] about PetroVietnam proposes 19-billion-USD petrochemical complex, oil storage project

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HCMC proposes preferential policies for investment in non-state-owned preschools

August 18, 2022 by www.sggpnews.org.vn

At the meeting The statement was made at a working session on policies and laws regulating preschool in export processing zones and industrial parks in the city between the supervision delegation of the National Assembly (NA)'s Committee on Culture and Education led by Vice chairwoman of the committee, Nguyen Thi Mai Hoa and the HCMC People’s Committee on August 18. Chairwoman of the NA’s Committee on Culture and Education, Nguyen Thi Mai Hoa said that the supervision delegation will have working sessions with provinces and cities, including Can Tho, Dong Nai, Binh Duong, Hanoi, Bac Giang and HCMC. The meeting will focus on the comprehensive view of kindergarten education, the level of meeting the people’s demands, and assessment of the implementation of policies and laws regulating preschool and existing problems. Chairwoman of the NA’s Committee on Culture and Education, Nguyen Thi Mai Hoa speaks at the event. According to Deputy Director of the HCMC Department of … [Read more...] about HCMC proposes preferential policies for investment in non-state-owned preschools

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Vietnam deploys diverse solutions to revive tourism industry

August 18, 2022 by hanoitimes.vn

Hanoi will play a key role in connecting visitors to tourist destinations in Vietnam. The Vietnamese Ministry of Culture, Sports and Tourism needs to actively support major tourism businesses to build routes linking localities, and restart heritage digitalization with the participation of travel companies to create new tourism products. Deputy Prime Minister Vu Duc Dam speaks at the meeting. Photo: VGP This is one of the requirements made by Deputy Prime Minister Vu Duc Dam on August 17 at the meeting on removing difficulties and promoting tourism recovery so that the industry would become a key economic sector. The Deputy Prime Minister requested the Ministry of Industry and Commerce to urgently submit to the Prime Minister the adjustment of electricity prices so that accommodation establishments would be entitled to energy rates equal to those of manufacturing facilities. The Ministry of Culture, Sports and Tourism, associations, and tourism businesses … [Read more...] about Vietnam deploys diverse solutions to revive tourism industry

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16th International Travel Expo of HCM City to open on September 8

August 18, 2022 by en.qdnd.vn

This year's expo, with the theme “Growing Forward Together,” will take place at the Saigon Exhibition and Convention Center. It is expected to provide a great opportunity for Vietnamese travel agencies to recover and develop after the COVID-19 pandemic while connecting them with international partners and customers. 1,500 international delegates from travel agencies and brands, airlines, hotels, and resorts both at home and abroad have registered to attend the expo. Currently, the expo has 260 registered booths, and 210 among them are from foreign countries. The organizers have invited 160 international partners from 18 countries and territories such as the U.S., Australia, the U.K., France, Germany, Italy, Russia, Romania, Poland, Japan, the Republic of Korea, India, Thailand, and Singapore to join this year’s event. Within the framework of the expo, there will also be a high-level conference on tourism development policy with the participation of representatives of … [Read more...] about 16th International Travel Expo of HCM City to open on September 8

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Petrovietnam eyes $18.5 bln refinery

August 18, 2022 by e.vnexpress.net

The project, to be located in Ba Ria – Vung Tau Province, will be developed in two phases, with 70 percent of funding needed in the first, the state-owned company said in a proposal. If approved, this will be the third oil refinery in Vietnam. Vietnam is set to record a shortage of 19.5 million tons of fuel annually from 2030 and 49 million from 2045, Petrovietnam forecast. Domestic consumption is now at 18 million tons a year and will reach 33 million by 2030, but two existing refineries, Dung Quat and Nghi Son, will only be able to produce at most 13.5 million tons by 2025, it said. Vietnam's current fuel reserve is as low as 5-7 days of consumption, which means it must be dependent on imports, it added. As the country has been spending billions of U.S. dollars annually to import fuel, an additional oil refinery and storage complex is necessary, Petrovietnam said. Ba Ria – Vung Tau is suggested because the southern region consumes the most fuel in the nation at 45 percent … [Read more...] about Petrovietnam eyes $18.5 bln refinery

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HCMC bridge damaged by vessel

August 18, 2022 by e.vnexpress.net

The incident was discovered 10 days ago, but it is still not clear when it happened, Nguyen Xuan Vinh, head of the management center of road traffic infrastructure under the HCMC Department of Transport, said Thursday. He said authorities are searching for the vessel that damaged the girder of the bridge, which is part of National Highway 1. As the bridge is being fixed, all trucks and buses with more than 16 seats are not allowed to cross it and must use another bridge nearby. Put into service in 2003, Binh Phuoc 1 stretches 480 meters long and 11meterswide. It did not apply any load limit before the accident. … [Read more...] about HCMC bridge damaged by vessel

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