The investors The Ministry of Industry & Trade (MOIT) has confirmed that Geleximco – Hong Kong United (HUI) has asked for permission to build a thermal power plant under the PPP (private-public partnership) mode. Geleximco has proposed two thermal power projects so far. In mid-2017, Geleximco and Chinese Sunshine Kaidi asked for the Prime Minister’s nod on the development of five thermal power plants, including Quynh Lap I, Quynh Lap II, Quang Trach I, Quang Trach II and Hai Phong III, under the PPP mode with its capital contribution of 75%-80%. In October 2017, it once again sent a dispatch to the Prime Minister on building of Quynh Lap I and Quang Tri II plants. Regarding the proposed project, MOIT said 80% of capital would be borrowed from commercial banks at the interest rate of 10.86%, and foreign loans at the interest rate of 11.77% per annum. The investors have committed to starting the project implementation soon after the project is … [Read more...] about Vietnamese investor to build hydropower plant with Chinese capital
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Over 100 Chinese home appliances firms visit Vietnam
Trade Over 100 Chinese home appliances firms visit Vietnam By Le Hoang Wednesday, Dec 4, 2019,19:20 (GMT+7) Over 100 Chinese home appliances firms visit VietnamBy Le Hoang Visitors inspect Chinese home appliances at the Vietnam International Electrical Appliance Expo 2019 in HCMC on December 4 – PHOTO: LE HOANG HCMC – More than 100 home appliances firms from the Chinese provinces of Zhejiang and Guangdong are taking part in an exposition in HCMC to sound out business opportunities. The Vietnam International Electrical Appliance Expo 2019, as part of the 2019 Vietnam International Trade Fair (Vietnam Expo), is being held by Drez Exhibition, HC Group and Vietnam National Trade Fair and Advertising Company (Vinexad) at the Saigon Exhibition and Convention Center (SECC) in District 7, HCMC. The three-day event is expected to wrap up this Saturday, December 7. One of the organizers, Vinexad, said that the … [Read more...] about Over 100 Chinese home appliances firms visit Vietnam
Vietnamese shrimp exempted from U.S. antidumping duty
The U.S. Department of Commerce (DOC) today, April 10, announced the preliminary results of the 13th period of review (POR 13), exempting Vietnamese shrimp imports from antidumping tariffs. Workers process shrimp at a local seafood factory. Shrimp imports from Vietnam have been exempted from the United States’ antidumping duty Truong Dinh Hoe, general secretary of the Vietnam Association of Seafood Exporters and Producers, told Thanh Nien Online newspaper that the tax rate will be applied to two mandatory respondents in the review and all local enterprises shipping shrimp to the United States. Although these are only preliminary results, the report is a milestone for the local shrimp sector. If the rate is kept unchanged in the final decision, which is expected to be announced at the end of next quarter, local shrimp exporters will be encouraged to boost shipments Stateside in the coming years. Moreover, the antidumping duty exemption will help increase Vietnamese shrimp … [Read more...] about Vietnamese shrimp exempted from U.S. antidumping duty
Vietnamese students enjoy big win at international math competition
All 62 Vietnamese students participating in the World of Mathematics Team Competition 2019 (WMTC 2019) picked up either an individual or team prize at the event held in the Republic of Korea (RoK). Vietnamese students enjoy big win at international math competition In total, Vietnamese students brought home a total haul of one gold, 11 silver, and 12 bronze medals, along with seven consolation prizes. During this year’s competition in the RoK, the nation sent 62 students from both primary and secondary schools in Hoan Kiem, Ba Dinh, and Cau Giay districts of Hanoi to take part in the event. In addition, Vietnam has been named as the host nation for the WMTC 2020. … [Read more...] about Vietnamese students enjoy big win at international math competition
Vietnamese actor to be honoured at Asian Stars Up Next Awards
Vietnamese actor Liên Bỉnh Phát is a rising film star in Việt Nam. Photo variety.com HÀ NỘI Vietnamese actor Liên Bỉnh Phát will be honoured at the 2019 Asian Stars: Up Next Awards presented by the International Film Festival & Awards Macao (IFFAM) and American entertainment media company Variety. The awards, which recognise and promote Asian on-screen talent with great potential, will be given at the 4th International Film Festival & Awards Macao in Macao from 5 to 10 December. Besides Phát, seven other artists from six Asian countries will also receive the award, include Asmara Abigail (Indonesia), Bea Alonzo (Philippines), Bumi Pednekar (India), Jennis Opraset and Praewa Suthampon (Thailand), Lim Yoona (South Korea) and Ryota Katayose (Japan). Phát previously won the Gemstone Award in the best newcomer category at the Tokyo International Film Festival. According to film … [Read more...] about Vietnamese actor to be honoured at Asian Stars Up Next Awards