News

The deadlock of Vietnamese enterprises in importing and investing in coal mining abroad

31.03.23 07:25 AM By Anh - Comment(s)
The remaining coal resources of Vietnam are forecasted to be quite large, but not large explorative reserves, especially since the mining conditions are increasingly difficult, increasing the costs, which makes it difficult to compete with imported coal sources. As there is no State clear mechanism ...

Building the Law on RE and making the pilot project on direct power purchase agreement in Vietnam

21.03.23 07:09 AM By Anh - Comment(s)
The Government Office has just announced the conclusion of Deputy Prime Minister Tran Hong Ha at a meeting on building the legal framework for renewable energy (RE) and making the draft mechanism for the pilot direct power purchase agreement (DPPA).
Building the Law on RE and making the pilot project on direct power purchase agreement in Vietnam

Building the Law on RE and making the pilot project...

Identifying challenges at the East Sea Petroleum Operation Company in 2023

03.02.23 07:06 AM By Anh - Comment(s)
According to the forecast of analyzing the factors affecting production and business activities in 2023 of the Vietnam Petroleum Group (PVN) Branch - the East Sea Petroleum Operation Company (BIENDONG POC) the operation area in petroleum researching, exploring, and exploiting (E&P) in recent yea...

PVEP and VSP signed the EPCI contract for Phase 3, Lot 05 1a, Dai Hung Field Development Project

01.12.22 06:58 AM By Anh - Comment(s)
The Vietnam Oil and Gas Group (PVN) informed that On November 23, 2022, in Vung Tau city, the Domestic Petroleum Exploration and Production Company (PVEP POC) under the Petroleum Exploration Production Corporation (PVEP) and Vietnam - Russia Joint Venture (Vietsovpetro - VSP) signed an EPCI contract...

Scenarios for developing power plants and grids under the impact of investment promotion policies

15.07.22 07:19 AM By Anh - Comment(s)
The draft Power Planning Development VIII (PDP VIII) contains fundamental changes in the power plants to meet the Net-zero commitment. On the basis of the power plants expected to be approved in PDP VIII to supply electricity for the socio-economic development in the coming period. At present Electr...

Emerson/ Global PM - Solenoid Valve and Pneumatic

14.06.21 04:55 AM By Anh - Comment(s)
Emerson/ Global PM - Solenoid Valve and Pneumatic

On June 8, 2021, Emerson Asia Pacific and Global P&M JSC (GPM) has a meeting to discuss about the projects in supplying and processing Emerson equipment for the Factories and Refineries in Vietnam. With the experiences of GPM in working for Refineries and Shipbuilding in Vietnam and quality equi...

Dung Quat Port is overloaded

04.06.21 03:23 AM By Anh - Comment(s)
Dung Quat Port is overloaded
Before the speed of development of Dung Quat Economic Zone, the seaport here is wearing a "tiny shirt", which has not been invested in accordance with the master plan, causing big difficulties for the businesses.


After 25 years of operation, Dung Quat economic zone has only 8 ports that hav...

Gasket - solution for sealing 

04.06.21 02:26 AM By Anh - Comment(s)
Gasket - solution for sealing 
Our goal is to provide high quality specialised gasket solutions to remedy your particular sealing problem, manufactured by our strongest partner in the industry, using the latest technology and materials from Japan, Taiwan. We can manufacture and supply small quantities at a competitive price and b...

Middle East - Oil falls 2% on possible return of Iranian supply

21.05.21 02:29 AM By Anh - Comment(s)



Oil prices fell more than 2% on Thursday, marking a third day of losses, after diplomats said progress was made toward a deal to lift U.S. sanctions on Iran, which could boost crude supply.

Brent crude fell $1.55, or 2.3%, to settle at $65.11 a barrel. West Texas Intermediate crudeended $1.31, or 2.1...

Steel prices fall in China after Government's efforts to curb months-long surge

21.05.21 02:18 AM By Anh - Comment(s)


Drop pressures some firms, but helps market stability: analysts
Steel prices in China have been pulling back significantly following months of soaring levels, a trend that is even creating pressure on certain companies, especially small and medium-sized players in the sector, industry representative...