The Nghi Son Refinery and Petrochemical complex celebrates one year of successful operation NSRP recently celebrated the first anniversary of starting commercial operations at its refinery located at Nghi Son Economic Zone in Thanh Hoa province. In its first year, the refinery has processed more than 7.1 million tonnes of crude oil from Kuwait to produce around 4.6 million tonnes of high-quality petroleum fuel products. It is estimated that NSRP meets around 33 per cent of Vietnam’s growing domestic fuel demand, significantly reducing the nation’s reliance on foreign petroleum imports and providing a secure supply of energy for the Vietnamese economy. “NSRP has come a long way since its inception, so this anniversary marking one year of commercial operation represents a major achievement for Vietnam, the people of Thanh Hoa province, and all of those involved in the financing, development, construction, and commercial operation of the facility. Much has been … [Read more...] about Nghi Son Refinery celebrates first anniversary
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Attending the event were representatives from ministries and authorities of Khanh Hoa, Phu Yen, Ninh Thuan, Binh Thuan, Quang Nam, Quang Ngai and Binh Dinh, along with more than 250 Vietnamese and Japanese businesses. On the Japanese side there were Ambassador Umeda Kunio and officials from the Japan International Cooperation Agency (JICA), the Japan External Trade Organization (JETRO) - Ho Chi Minh City office, the Japan Foundation, the Japan National Tourism Organization (JNTO) and the Japan Business Association in Vietnam (JBAV). At the event (Source: baokhanhhoa.com.vn) Speaking at the event, Deputy Foreign Minister Nguyen Quoc Dung said Japan is a partner of top significance to Vietnam, as the country is the largest provider of official development assistance, the second largest source of foreign direct investment, the third largest source of tourist arrivals and the fourth largest trade partner of Vietnam. Japanese Ambassador to Vietnam Umeda Kunio hailed the event as … [Read more...] about Japanese firms explore business prospects in South Central region
VCCI Chairman Vu Tien Loc has called for promoting the private sector's participation in public service provision (Photo: VNA) Hanoi (VNA) – Eliminating the State monopoly and engaging the private sector in public service provision is an urgent need, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc. At a workshop held by USAID and the VCCI in Hanoi on May 15, he said economic reforms over the last three decades show the State allowing the private sector to supply goods and services for society has generated benefits. In the retail sector, State-run department stores have been replaced by markets, supermarkets, stores and shopping malls. While there were only State-run transport businesses in the past, thousands of taxi, bus, tourist car and truck service companies have been set up. Private firms’ growing participation in all economic sectors, even those originally reserved for State-owned enterprises like airports, seaports and … [Read more...] about Urgent need to eliminate State monopoly in public service provision
May, who was appointed prime minister shortly after Britain voted to leave the EU in June, faced down attempts in both the lower and upper houses of parliament to add conditions to legislation giving her right to launch the divorce. Both houses backed the so-called Brexit bill and after securing symbolic approval from Queen Elizabeth, which could come early on Tuesday, May has the right to begin what could be Britain's most complex negotiations since World War Two. But beyond saying she will begin the formal process by the end of this month, May has yet to answer the question of exactly when, and end nine months of guesswork as to how her government will approach the unchartered territory of leaving the EU. "We are now on the threshold of the most important negotiation for our country in a generation," Brexit minister David Davis said in a statement after parliament approved the legislation on Monday. "We have a plan to build a Global Britain, and take advantage of its new place in the … [Read more...] about May wins right to launch EU divorce talks, question is when?
International Premier League confirms Masters as new chief executive The Saigon Times Daily Friday, Dec 13, 2019,17:39 (GMT+7) Premier League confirms Masters as new chief executiveThe Saigon Times Daily General view of the trophy being lifted by Manchester City's Vincent Kompany as he celebrates winning the Premier League at The American Express Community Stadium, Brighton, Britain May 12, 2019 – PHOTO: REUTERS LONDON (REUTERS) - The Premier League’s long search for a new chief executive ended on Thursday when Richard Masters, the man who has filled the role on an interim basis, was appointed. Masters, who joined the Premier League’s sales and marketing department in 2006, has been holding the fort since Richard Scudamore stood down after 20 years in charge. It comes a fortnight after David Pemsel informed the Premier League he would not be taking up the role next year following allegations in the … [Read more...] about Premier League confirms Masters as new chief executive