Ninh Thuận to have first LNG-fueled power plant in 2024

The south-central province of Ninh Thuận plans to start construction of a liquefied natural gas (LNG)-fueled power complex, the first of its kind in the province, in Phước Diêm commune, Thuận Nam District, in the third quarter of 2021.

Việt Nam's GDP growth among the world's highest

Việt Nam this year has achieved a gross domestic product (GDP) growth of 2.91 per cent, an impressive figure despite the impact of the COVID-19 pandemic, according to the General Statistics Office (GSO).

Room to grow for VN-India trade

Việt Nam’s instant coffee, tra fish and dragon fruit have entered Indian market since 2014 and are favoured by many customers here.

PVEP fulfils crude oil exploitation target

The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Việt Nam Oil and Gas Group (PetroVietnam), fulfilled its target of exploiting 2.2 million tonnes of crude oil and selling 1.15 million cu.m of gas for the whole year as of Christmas Day.

Foreign companies’ expansion plans in VN

An increasing number of multinational corporations are planning to increase their investment in Việt Nam, providing opportunities for domestic companies to enter global value chains.

Central city urged to improve investment conditions

Despite attracting 341 investment projects with US$847.3 million in 2018-20, Đà Nẵng City has to cope with poor development of supportive industries and the skilled labour force for high-tech industries in its efforts to build the city into an investment hub in central Việt Nam.

Shares to wobble before moving higher

Brokerages are forecasting shares to climb higher this week, adding that the market will correct first before advancing to the next support zone.

Hydropower firm to raise capital

The share issuance rate is 55:8, meaning every shareholder will receive one buying right for each share and eight new shares for each 55 buying rights they have.

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