AkzoNobel, the global paint and coating company and the manufacturer of Dulux and Maxilite paint, is involved in a fresco project representing the beauty of the sea and islands of Vietnam with the theme “Fresco for the Future”, helping to restore the appearance of Canh Duong fishing village in central Quang Binh province. “Fresco for the Future” project in central Quanh Binh province sponsored by Akzo Nobel “Fresco for the Future” has attracted the participation of professional artists and passionate young artists to paint 30 frescoes in an impressive 3D style with a variety of themes that showcase the special features of the local culture. The project aims to express the beauty of the sea and islands in Vietnam and promote local tourism, combing preservation of local cultural heritage with modern frescoes. “The project is a unique initiative that not only helps refresh the appearance of Canh Duong fishing village but also contributes to boosting the local economy, because Canh Duong has nearly 400 years of history and many interesting sights, such as Whale Temple and Ancestral House,” said Mr. Nguyen Viet Dung, Director of the GIUN9 Art Center. “We are delighted to be working with AkzoNobel Vietnam, which inspires artists to create colorful and lively frescoes.” AkzoNobel Vietnam is providing paint products from its line of premium exterior Dulux Weathershield paint, which helps the artists create vibrant frescoes. Dulux Weathershield is a outstanding paint line that not only helps change the appearance of walls but also provides optimal protection… [Read full story]
Another $6.6 US million will be poured into the construction of a large-scale powder coating factory in Vietnam, announced Akzo Nobel Coatings Vietnam yesterday. The facility is the company's 12th powder coatings site in the Asia Pacific region. The factory is being built in Amata Industrial Zone in the southern province of Dong Nai and will be operational in 2006. Annual production capacity expected from the factory is 25 to 30 million liters of paint.... [read more]
Dutch-Swedish chemical group Akzo Nobel said on Thursday its first-quarter profit soared 58 per cent, a result in keeping with its "medium-term strategic ambitions." The company said it posted a three months to March net profit of 128 million euros ($187 million) on sales of 3.76 billion euros, up 16 per cent as volumes increased 7.0 per cent. The company, the world's biggest paints manufacturer, said the results reflected its solid presence "in markets with great potential ... and a pick up in growth in the mature economies. The paints division saw sales rise 13 per cent in the first…... [read more]
- On January 17, the State Bank of Vietnam and the Asian Development Bank (ADB) signed four loan agreements totalling 176 million USD to support four projects in Vietnam. The loans will help the Vietnamese Government increase public private partnerships (PPP) and infrastructure investment, enhance the competitiveness of towns along the Greater Mekong Sub-region (GMS) economic corridors, improve sanitary and phytosanitary conditions, and food safety handling in cross border trade and tourism, as well as develop the national capacity to mitigate HIV risks and vulnerability in border areas with other GMS countries. To increase private sector investment in infrastructure, ADB…... [read more]
The Japan International Cooperation Agency (JICA) will cooperate with the US Agency for International Development (USAID) to assist all phases of the infrastructure development projects in Southeast Asia, from planning to designing, purchasing, construction and management. JICA and USAID plan to carry out the first cooperative project in Vietnam and submit to the Vietnamese Government a plan to establish an investment fund in 2012. JICA will set up a fund worth US$400 - 500 million in March 2012 to support PPP projects. USAID will guarantee 50 percent of loans for projects which use capital from the fund and seek cooperation…... [read more]
Danish aid supports art projects in VN Eight new contemporary art projects of national and foreign artists in Vietnam will get US$100,000 financial support from the Danish Vietnamese Cultural Development and Exchange Fund (CDEF) in late 2013. The information was released by Danish Ambassador to Vietnam John Nielsen at a press conference on November 27. Accordingly, the new projects are related to dance, visual art, music and multimedia. CDEF is part of the cultural development programme between Vietnam and Denmark, with its sponsorship money worth US$1 million in five years (2011-2015). John Nielsen said CDEF supports high- standard projects in…... [read more]
