The paper industry has potential for growth, but businesses need to avoid investment in products that have excess supply, according to the Việt Nam Paper and Pulp Association.
Prime Minister Nguyễn Xuân Phúc held a meeting with Speaker of the Swedish Parliament Andreas Norlen yesterday as part of his official visit to Sweden.
Thái Bình Xanh JSC and the Finnish group Poyry on Friday held discussions with Quảng Trị provincial People’s Committee on a paper mill project, worth VND11.6 trillion (nearly US$500 million).
Years of rapid economic development have left Việt Nam with negative externalities – noise and poor air quality arising from pollution and road congestion.
The central province has revoked the investment license of the Tân Mai pulp and paper production plant due to delayed construction and operation and incomplete land-use certificate procedures as well as poor finance.
The Government would not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Vương Đình Huệ said.
The Ministry of Natural Resources and Environment has asked agencies to comment on its special project to control producers thought to be likely of polluting the environment.
Despite the rich biodiversity embodied in a century-old nipa palm forest in provincial Bình Sơn, the province has approved the construction of a 87ha reservoir in providing water for a wood-pulp plant, VNT19, and other industrial projects in Dung Quất Economic Zone in Bình Sơn District.
The Mekong Delta province of Hậu Giang has been urged to establish a community-based monitoring mechanism to evaluate papermaker Lee & Man Vietnam Ltd.’s environmental treatment.
A planned wood-pulp plant in Bình Sơn district would destroy 50ha of nipa palm forest, causing pollution, loss of biodiversity, and irrevocable damage to local lifestyles, biologists and residents warn.