Ba Ria-Vung Tau removes difficulties for businesses and investors

Construction of $4.5 billion Long Son petrochemical complex in the southern province of Ba Ria-Vung Tau will resume before the end of this year, following the recent restructing of shareholders in the joint venture company. Illustration photo According to newswire Bangkok Post, SCG now owns 71 per cent through its wholly-owned subsidiaries Vina SCG Chemicals Co., Ltd. (SCG Chemical) and Thai Plastic and Chemicals in the joint venture, while Vietnam's oil and gas group PetroVietnam holds the remaining 29 per cent. The move marks big progress on the much-anticipated Long Son petrochemical complex. Accordingly, the construction is expected to re-start this year and come into operation in the first half of 2022. Earlier in March, SCG completed the purchase of a 25-per cent stake in the project from Qatar Petroleum International (QPI), its ex-partner in the project. The project now has a total investment capital sum of $5.4 billion, up 20 per cent from its initial plan of $4.5 billion due to rising construction costs. About 30 per cent of the total investment will be used for the development of a deep sea port and other facilities to support the petrochemical plant. It will be installed with advanced technology, meeting environmental protection requirements and ensuring the production of high-quality products, such as PP and PE. The project will create about 15,000-20,000 jobs during its construction and over 1,000 jobs when put into commercial…... [read more]

Chairman of Hà Nội’s People’s Committee Nguyễn Đức Chung has asked relevant departments and investors to plan out a response to the Government Inspectorate (GI)’s conclusion on wrongdoings of Build-Transfer (BT) projects. The flyover at Long Biên intersection in Hà Nội, one of seven violating projects. - Photo tienphong.vn The content must be submitted no later than August 15. The city’s leaders will submit the report to the GI and the Government Office. Earlier in July, the GI released findings of egregious wrongdoings in the implementation of seven BT projects in Hà Nội. The GI recommended holding Hà Nội authorities accountable for the faults and said that all BT projects were behind schedule and had entailed significant cost overruns. The report added that contractors were “not sufficiently capable of mobilising capital” and also blamed a “failure to disburse budget in accordance with set schedule.” Seven BT projects that caused massive loss are the construction of Yên Sở wastewater treatment plant, Lê Văn Lương Road extension, southern main road of Hà Tây, a street connecting Lê Đức Thọ and Xuân Phương new urban area, a road surrounding Chu Văn An memorial site and the Hà Nội–Hưng Yên interprovincial road. The municipal Department of Planning and Investment has asked relevant departments and districts to review and reevaluate the projects’ norms and prices. Investor of Hà Nội-Hưng Yên inter-provincial road running through Hà Nội…... [read more]

A group of three Japanese businesses have signed a Memorandum of Understanding (MoU) with a Vietnamese partner to invest in a high-tech agriculture project in the northern province of Bac Ninh. Chairman Nguyen Thu Quynh in the meeting with Daisuke Ogiwara, executive director of Ogiwara At an August 1 meeting with Nguyen Tu Quynh, Chairman of the Bac Ninh People's Committee, Ogiwara, Raycean, and Daimasa Engineering said that they are seeking for business opportunities in high-tech agriculture in the province. Ogiwara, which specialises in growing mushroom on corn cores, now has the biggest enokitake market share in Japan. Raycean provides consultancy services and support for Japanese investors in Vietnam, while Daimasa Engineering specialises in solar energy and biogas production as well as solid waste treatment. After a fact-finding trip in the province, the Japanese enterprises decided to cooperate with Lucavi in producing mushroom, melon, and export smoked wild duck to Japan. Quynh asked the Department of Agriculture and Rural Development to develop the concentrated corn cultivation area and sign MOUs and long-term cooperation agreements with Japanese firms. Regarding the export of smoked wild duck to Japan, the chairman asked Lucavi to build a detailed plan and then submit it to the people's committee for approval soon. Bac Ninh has so far attracted more than 1,000 foreign firms, 80 of which are Japanese. Together with investing in industrial manufacturing, Japanese firms have invested…... [read more]

Eins Vina, a unit of South Korean Sea-A Group, is planning to increase investment in its projects in Song Than II Industrial II Park of the southern province of Binh Duong. Tran Thanh Liem held talks with Tony Pyeon At a meeting with Tran Thanh Liem, chairman of the Binh Duong People's Committee on July 31, Tony Pyeon, general director of Eins Vina, said that the company is operating two factories in Song Than II Industrial Park (IP) in Di An town and in Binh Chuan ward of Thuan An town, creating jobs for 9,000 labourers. Tony Pyeon said that in the coming time, the company will continue to enlarge its projects. He also discussed with local leaders the province's policy to relocate manufacturing factories into IPs. Liem, in response, said that the province has a policy on restraining the licensing of investment projects outside IPs, as well as labour-intensive works in southern areas. Binh Duong is now calling on investors to renovate business lines and technologies towards enjoying the country's tax incentive policies. Liem affirmed that the province will continue to improve the business climate, develop IP infrastructure, and intensify administrative reform to facilitate business activities. Keeping manufacturing and textile and garment operations in Binh Duong since 2005, Eins Vina has achieved good business results over the past 12 years, with 80 per cent of its products exported to the US. …... [read more]

KinderWorld Education Group has supported art activities in Vietnam by acting as the Diamond Sponsor for “A Bullet for My Valentine,” an independent student-run musical show organised by Fragments. The musical theatre performance of Fragments Team proved an eye-opening show of professional standards  This team is co-founded by Le Minh Ha and Nguyen Le Hoai Thuong, two excellent students from Singapore International School, KinderWorld Education Group. The show is scheduled “A bullet for my Valentine” tells a story from the early 1930s, about 17-year-old Hayley Brown and 18-year-old Eli Weston who were locked up in a juvenile detention hall. From this setting, the performance aims to illustrate the actual aftermath of childhood, with a direct focus on the fatal side of the spectrum. It is important that a suitably challenging yet nurturing environment for growth must be fostered. Additionally, another notable message is that in the face of overwhelming negativity, one has a choice of two routes—the easy way out or the hard way that will eventually be worthwhile. The above moral lessons are delivered through the medium of musical theatre, which has yet to become popular in Vietnam. With this project, the organiser hopes to spread awareness of the benefits of art, utilise the theatre’s power to persuade and connect the audience to address important social issues, foster opportunities for the youth to gain confidence through independent hands-on project experience and promote cooperation between…... [read more]

NDO – Improper use of antibiotics in breeding will result in antibiotic resistance and residues in food that causes more potential risks for consumers’ health and livelihood. This was stated at a conference on antibiotic management in Hanoi on August 2. Hosted by the Ministry of Agriculture and Rural Development (MARD) in collaboration with the US Agency for International Development (USAID) and the Food and Agriculture Organisation (FAO) of the United Nations, the workshop aims to implement Vietnam’s National Action Plan for management of antibiotic use and antibiotic resistance in livestock and aquaculture for the 2017-2020 periods. With funding from USAID, this plan was developed with technical assistance from FAO to orient agricultural activities and operations of agencies under the MARD, as well as supplement the Ministry of Health's National Action Plan for Drug Resistance during 2013-2020. The plan is expected to contribute to reducing the risk of drug resistance to the community in relation to the use of antibiotics in livestock and aquaculture in Vietnam. The National Action Plan has specific objectives of reviewing, and implementing regulations regarding policies related to antibiotic resistance and antibiotic use in livestock and aquaculture. Another objective of this plan is to raise awareness concerning the use of antibiotics and the risk of antibiotic resistance formation for technicians and professionals working in the field of agriculture and food, as well as farmers and consumers; applying good practices in medical examination and treatment, professional practice in animal feed production, and employing the best practices in…... [read more]

Senior Lieutenant General Luong Cuong, Secretary of the Communist Party of Vietnam Central Committee, Director of the General Department of Politics of the Vietnam People’s Army, made the statement during talks with the Lao officer in Hanoi on August 2. Cuong hailed the two countries’ advisory bodies for proactively implementing activities to celebrate the Vietnam-Laos and Laos-Vietnam Year of Solidarity and Friendship 2017, especially the successful organisation of meetings in Laos for ex-Lao military trainees in Vietnam, a military youth festival in the north-western province of Dien Bien, a culture-art campaign on the Vietnam-Laos-Cambodia fighting solidarity, and a border friendship exchange programme. Such activities are politically significant as they help increase mutual trust and educate young generations on the traditional friendship and special solidarity between the Vietnamese and Lao Parties, States and people, he added. Lakhamphong expressed his belief that sound bilateral military relations will contribute to reinforcing trust and comprehensive cooperation between the two countries’ Parties, States, peoples and armies as well as the maintenance of peace, stability and development in each nation. The two sides agreed to enhance cooperation in Party, political work, and protecting internal politics, while stepping up communications about the long-standing amity, special solidarity and all-around collaboration between Vietnamese and Lao people and armies, and promoting the bilateral coordination in training, regarding this as a long-term strategy. They also concurred to speed up the search for and repatriation of the remains of Vietnamese voluntary…... [read more]

Lao senior military officer visits Vietnam to boost defense partnership (Photo: VNA) Hanoi (VNA) – The ongoing official visit to Vietnam by Director of the General Department of Politics of the Lao People’s Army Vilay Lakhamphong will contribute to enhancing the special relations between the two countries, particularly the bilateral defense cooperation, for the benefits of their people. Senior Lieutenant General Luong Cuong, Secretary of the Communist Party of Vietnam Central Committee, Director of the General Department of Politics of the Vietnam People’s Army, made the statement during talks with the Lao officer in Hanoi on August 2. Cuong hailed the two countries’ advisory bodies for proactively implementing activities to celebrate the Vietnam-Laos and Laos-Vietnam Year of Solidarity and Friendship 2017, especially the successful organisation of meetings in Laos for ex-Lao military trainees in Vietnam, a military youth festival in the north-western province of Dien Bien, a culture-art campaign on the Vietnam-Laos-Cambodia fighting solidarity, and a border friendship exchange programme. Such activities are politically significant as they help increase mutual trust and educate young generations on the traditional friendship and special solidarity between the Vietnamese and Lao Parties, States and people, he added. [Vietnam, Laos strengthen coordination to promote renovation] Lakhamphong expressed his belief that sound bilateral military relations will contribute to reinforcing trust and comprehensive cooperation between the two countries’ Parties, States, peoples and armies as well as the maintenance of peace, stability and development in each nation. The two sides agreed to enhance cooperation in…... [read more]

Although Bui Vien pedestrian-only street in the backpacker’s area in District 1, HCMC has yet to be officially opened, thousands of local youths and foreign tourists still rushed to the area on two weekend nights to enjoy dining and entertainment services and witness the animated atmosphere of the street. Foreign tourists are seen strolling around Bui Vien pedestrian-only street as all vehicles are not allowed there from 7 p.m. to 2 a.m. every Saturday and Sunday  All vehicles are banned from moving onto the pedestrian street from 7 p.m. to 2 a.m. every Saturday and Sunday to ensure the safety for visitors. Earlier, the authorities of District 1 announced that the pedestrian street would not be inaugurated on July 15 as originally scheduled as the sidewalks, underground power and telecom cables, and water pipelines remain unfinished. According to a source from the Office of the HCMC People’s Committee, the pedestrian street is slated to be opened for the public on August 19. Currently, dozens of construction workers are racing against time to complete the construction of Bui Vien Street in preparation for the forthcoming opening day. When in place, the street will be made pedestrian-only from 7 p.m to 2 a.m. on Saturdays and Sundays. Art shows will be held from 8 p.m. to 10 p.m. to entertain domestic and foreign visitors apart from dining services. The Department of Tourism has provided training for vendors and household business owners in the area to help them improve sale and service skills in…... [read more]

VietNamNet Bridge – The rainy season is a peak time for infectious diseases, and the last few weeks have seen a surge in the number of patients with dengue fever. Source: Health Ministry’s Department of Preventive Medicine, Ha Noi and HCM City’s departments of health. Designed by news.zing.vn According to the Health Ministry’s Department of Preventive Medicine, more than 58,000 people have contracted dengue fever in the first seven months of this year, a year-on-year increase of 11.2 per cent. Of these, 49,000 were admitted to hospitals, and 18 lost their lives. The latest fatality was in the southern province of Dong Nai last Saturday. There has also been an increase in other diseases and conditions like malaria, diarrhea, skin allergies and conjunctivitis (red eye). In the capital city’s Lang Thuong Ward, Dong Da District, an area where a lot of rooms are rented out is a dengue fever hotspot. Rubbish and water tanks can be seen at every corner in the area. Local residents see keeping the common spaces clean as someone else’s job. Tran Thanh Tung, a tenant, said everyone should do the job. “If it is only me who cleans up, it won’t be effective.” In Binh Chanh District, a dengue fever hotspot in HCM City, the water tanks in some households have mosquito larva. Liquid waste tanks are not fully covered. Residents took action only after inspection teams from the municipal Health Department paid a visit. In some cases, local authorities feel helpless. At the Chua…... [read more]




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