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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Da Nang city works to assist victims of Agent Orange
A performance at the programme in Da Nang on August 9 (Photo: VNA) Da Nang (VNA) – A programme was held in the central city of Da Nang on August 9 to offer support and raise funds for victims of Agent Orange (AO) on the occasion of the 61st anniversary of the AO disaster in Vietnam (August 10, 1961). Programme organisers, including the Da Nang Association of AO Victims and other organisations, presented gifts to 30 AO victims and disadvantaged war veterans. They also set up a hotline at the city’s public service switchboard 1022 via which people can make text donations. From June 14 to July 28, 221 units, organisations, and individuals made donations worth over 1.6 billion VND (68,400 USD) both in cash and in kind to the programme. Addressing the event, Chairman of the Da Nang Association of AO Victims To Nam said the city is home to more than 5,000 AO victims, including 1,400 children, noting that the association has raised funds worth 162 billion VND in … [Read more...] about Da Nang city works to assist victims of Agent Orange
Phat Dat’s strategy to successfully acquire new real estate projects
In 2020, chairman Nguyen Van Dat appointed you as CEO of Phat Dat. Taking on this new responsibility, how did you feel back then? Throughout Phat Dat's 16-year history, the chairman and founder exerted his influence on every decision. In such a context, I found myself in a favourable situation thanks to the inherited strategic orientations from the chairman and the determined management team. Besides this, Phat Dat has embarked on an ambitious plan for 2019-2023 to restructure its investment portfolio, targeting billions USD in market cap and exceeding 50 per cent in compound growth rate. Growing up inside the organisation, I am enthusiastic about Phat Dat's development. My new task, which capitalises on the past achievements and simultaneously accompanies the chairman to write Phat Dat's further development, is really challenging. When I received the appointment decision, many thoughts crossed my mind. I immediately told myself that I must live well, grow strongly, and see … [Read more...] about Phat Dat’s strategy to successfully acquire new real estate projects
Herbalife Vietnam Brings Good Nutrition to Needy Children
Mr. Vu Van Thang, General Manager for Herbalife Vietnam and Cambodia said: “We’re proud and happy to see the continued expansion of the Casa Herbalife Vietnam Program , which is aligned with our long-term corporate social responsibility agenda and Herbalife Nutrition Foundation’s mission to help needy communities around the globe. Following this launch, we will work closely with the Viet Tri Orphans and Disabled Children Protection Center to help the children under this shelter to access nutritious meals on a daily basis and adopt active lives to grow healthily and reach their full potential.” Ms. Nguyen Thi Nghia, President of Viet Tri Orphans and Disabled Children Protection Center said: “We’re impressed with the valuable support that the Casa Herbalife Vietnam Program has brought to disadvantaged children in Vietnam over the past several years . Therefore , we’re very delighted that this meaningful program has been introduced to Viet Tri Orphans and Disabled … [Read more...] about Herbalife Vietnam Brings Good Nutrition to Needy Children
Vietnam deploys diverse solutions to revive tourism industry
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
“Produce more from less”: Danish agricultural philosophy for Vietnam
Denmark, through strategic sector cooperation (SSC) with Vietnam, helps implement national action plan in agriculture while promoting the engagement of stakeholders in the value chain. Among issues shared at an event held in Hanoi on August 17, Vietnamese officials, experts, and businesses were impressed with the philosophy of “producing more from less” in Denmark’s agri-food sector. Denmark targets the climate-neutral food industry by 2050. Photo: Danish Agriculture and Food Council Troels Jakobsen, Trade Counsellor of the Embassy of Denmark, said Denmark produces three times more food than the Danish population can consume, with some of the lowest greenhouse gas emissions in Europe. The idea was shared at Seminar – Business Matchmaking held in Hanoi on August 17 to discuss Danish experiences and solutions in sustainable agri-food production. Meanwhile, Jeppe Søndergaard Pedersen, International Chief Advisor, the Danish Agriculture and Food Council, … [Read more...] about “Produce more from less”: Danish agricultural philosophy for Vietnam