Thursday, June 27 2019


PM approves new $22 billion oil refinery

Update: December, 22/2014 - 08:35
Prime Minister Nguyen Tan Dung has approved the addition of the Nhon Hoi petrochemical refinery complex in Binh Dinh Province to the development plan of the oil and gas sector.

The PM ordered the provincial authority to allocate land, solve any issues related to land use, and consider granting investment certificate to enable investors to carry out next steps.

The proposed megaproject is worth US$22 billion, and will have a total capacity of up to 20 million tonnes of products per year during the first phase. It is expected to be completed in the 2021-25 period.

Nhan Dan (The People)

Hydrofoils allowed to resume operation

The HCM City Department of Transport last week permitted hydrofoils on the HCM City-Vung Tau route to resume operations after several months of suspension due to safety issues.

Bui Cong Trung, chairman of Vina Express Company, one of the three hydrofoil service suppliers on the route, said his company would resume services starting December 23.

A hydrofoil belonging to the company burst into flames earlier this year. The company since then has invested billions of dong to upgrade its fleet as well as install "intelligent" fire prevention and fighting systems.

Nguoi Lao Dong (Labourer)

Firms, individuals win environmental awards

Forty-two businesses and 10 individuals in HCM City on December 19 were honoured at the City Environmental Awards 2014 for their contribution to environmental protection.

Presided over by the HCM City People's Committee and organised by the city Department of Natural Resources and Environment and Sai Gon Giai Phong newspaper, the award aims to encourage organisations and individuals to implement environmentally sound practices.

The organisers said they received a total of nearly 150 entries. Among businesses that won the award were Vinamilk, Unilever Viet Nam, Saigon Co.op, Thien Long Group Corporation and Vafaco Packaging Joint Stock Company.

Sai Gon Giai Phong (Liberated Saigon)

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