Why placing hydrogen in group 1 seems to be misplaced

Yerkin Tatishev, founder and chairman of Kusto Group During your visit to Vietnam, you identified and reconfirmed the potential of the Vietnamese market. Could you please share your investment strategy and plan for the coming years? Over the past 10 years, we have invested in different industries in Vietnam from cement to logistics and real estate. During that time, we also gained a lot of experience. The business results of the projects are different but in general, they are positive. Through this process, we have also built strong foundations for development in Vietnam such as a network of partners, friends, and a deep understanding of the local market. The Vietnamese government is stepping up investment in infrastructure such as roads, airports and many others, in which private companies are actively participating. Investment in infrastructure will create a positive growth engine for Vietnam. The nation's infrastructure system is changing very quickly and I firmly … [Read more...] about Kusto Group diversifies its business in Vietnam

The “Green Screen” short film contest this year was launched in January, 2022 with the theme “Protecting the environment for sustainable development.” Since its launch, the contest has attracted the active participation of film lovers, especially young people. In March, the organizing panel established a council to select the best screenplays and film projects. 21 projects have been chosen to participate in the project presentation round in Hanoi and Ho Chi Minh City. Nine best projects received investment from the organizers. Speaking at the press meeting, VFDA’s President Ngo Phuong Lan highly evaluated the diversity of participating projects and creativeness of young film makers. She said that film projects’ contents show participants’ different perspectives on environment and environmental protection. The awarding ceremony will be held in Quang Ninh province from August 26 to 28 with a series of activities to honor excellent films on environmental protection toward … [Read more...] about Awarding ceremony of “Green Screen” short film contest to take place in Quang Ninh

Workers checking a roof top solar system (Photo: VNA) Hanoi (VNS/VNA) - As the energy industry has a crucial role in achieving net zero emissions by 2050, it requires a structural transition toward green growth. Therefore, Vietnam needs assistance from developed countries regarding both financial and technical issues . To detail the national green growth strategy, the Prime Minister on July 22 approved the national action plan on green growth for 2021-2030 with four important goals. The goals are to reduce greenhouse gas emissions per GDP, to green economic sectors, to green lifestyles and promote sustainable consumption, and to green the transition on the principles of equality, inclusion, and resilience. Speaking at the conference on the impact of COP26 on the energy transition towards green growth launched on August 17, Nguyen Thi Bich Ngoc, deputy minister of the Ministry of Planning and Investment, said that resources are the biggest problem in realising the … [Read more...] about Vietnam needs extra 368 billion USD to achieve net zero emissions

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

A launch ceremony for Honda-branded electric motorcycles took place in Ho Chi Minh City for two days this week without the knowledge of the Vietnamese unit of the Japanese automobile and motorcycle manufacturer, Honda Vietnam Company. The event, featuring the opportunity to test-drive what organizers claimed to be “genuine Honda electric motorcycles,” was held at the Culture Center on Cach Mang Thang Tam Street in District 3 on December 18 and 19. The introduction of these electric motorcycles caught the public’s attention and received shares on Facebook by people excited that the prominent Japanese automobile and motorcycle manufacturer, Honda Motor Company, was behind the show. The vehicles exhibited at the show were mainly small-size electric motorcycles advertised as having several modern features such as high-durability U-shaped motorcycle chassis, bodies made of new ABS plastic, and high water resistance. Their electric motorcycles only weighed about 82 kilograms and … [Read more...] about Honda Vietnam surprised by introduction of ‘Honda’ electric motorcycles in Ho Chi Minh City

The model is expected to be gradually replicated in other entertainment venues in the city after its initial success. The Phu Quoc District People’s Committee and WWF-Vietnam launched a model project of reducing plastic waste at tourist destinations, as part of the drive to become a plastic-free island. The launch of tourist trash cans is expected to encourage the habit of sorting and disposing of garbage on-site. Photo: VOV Under the project, there are 12 sets of tourist trash cans and two public drinking water fountains have been made available in some venues on the island, of which four trash cans were installed in Dinh Cau Temple and Bach Dang Park, and another eight were placed in Tran Hung Dao Street, Duong Dong Ward, with a total cost of nearly VND800 million (US$34,296) sponsored by WWF-Vietnam. Dinh Cau Temple and Bach Dang Park are among the most favorite destinations for tourists and locals, so these places receive the largest amount of single-use … [Read more...] about Phu Quoc, WWF-Vietnam launch plastic waste reduction model at tourist destinations