Trang chủEnegry News' Vietnam

KrisEnergy picks up Vietnam Block 105 from Eni

KrisEnergy picks up Vietnam Block 105 from Eni

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 3/9/2015 ...

Firms increase retail prices of cooking gas

Firms increase retail prices of cooking gas

  VietnamNet English  The price of cooking gas in HCM City has risen by VND5,000 (25 US cents) per 12kg canister from March 1, the second price increase so far this year. The retail price of a 12kg cooking gas canister now ranges between VND301,000 and VND313,000 ($14.3-14.9). Gas firms attributed the price increase to the rising world gas price, which is $480 per tonne ...

Oil firm BSR sets 6.8m-tonne production goal

Oil firm BSR sets 6.8m-tonne production goal

The Binh Son Refining and Petrochemical Company (BSR) is targeting the production of 6.8 million tonnes of products this year, the deputy general director of the company, Nguyen Van Hoi, said. He noted that the Dung Quat oil refinery plant – one of the company's major plants – is operating at 105 per cent of its designed capacity (6.5 million tonnes per year). The company will ...

Manufacturing output keeps rising

Manufacturing output keeps rising

  VietnamNet English  The manufacturing sector maintained its recent period of growth in February, with new orders and output both rising at faster rates than at the start of the year, HSBC's Purchasing Managers' Index reveals. The headline seasonally adjusted index recorded a further steep reduction in input prices in line with lower fuel costs, and this fed through to ...

Vinacomin earns $737m

Vinacomin earns $737m

VietNam News English The Viet Nam National Coal and Mineral Industries Group (Vinacomin) reported total revenue of VND15.7 trillion (US$737 million) during the first two months of 2015, vietnamplus.vn said. During the period, the group produced 6.4 million tonnes of rough coal, equivalent to 15.7 per cent of the annual target and sold 4.8 million tonnes of coal, achieving 12.7 per ...

Construction starts on Tay Nguyen’s first wind farm

Construction starts on Tay Nguyen’s first wind farm

VietnamPlus English Construction work started on the first phase of the Tay Nguyen wind farm on March 6 in Dlie Yang Commune, Ea H'Leo District in the Central Highlands province of Dak Lak. Construction work started on the first phase of the Tay Nguyen wind farm on March 6 in Dlie Yang Commune, Ea H'Leo District in the Central Highlands province of Dak Lak. The project, ...

Power price increases still dissatisfy EVN

Power price increases still dissatisfy EVN

SaiGon GP English Because of 7.5 percent increase in electricity prices from March 16 Vietnam Electricity (EVN)’s profit is expected to hike VND1.5 trillion (US$70.19 million), accounting for about 1 percent of equity, however it is too low in comparison with the annual average level of 3 percent, said the group’s deputy director general Dinh Quang Tri on Thursday. Electricity ...

Hoang Long taps Honeywell for third offshore Vietnam production platform

Hoang Long taps Honeywell for third offshore Vietnam production platform

Offshore staff HO CHI MINH CITY, Vietnam – Hoang Long Joint Operating Co. (HLJOC) has contracted Honeywell Process Solutions to provide project management and engineering for a third production platform offshore Vietnam. The new contract covers engineering management and integration with the two existing Te Giac Trang (TGT) platforms, the FPSO that processes the hydrocarbons ...

Central bank urged to continue flexible monetary policy

Central bank urged to continue flexible monetary policy

VietnamPlus English   The State Bank of Vietnam (SBV) has been requested to continue implementing flexible monetary policies in close association with fiscal policy in order to ensure macro-economic stability, support production development, and boost economic growth.   The SBV was also requested to prioritise promoting production and business and accelerate the ...

Vietnam power sector on the up

Vietnam power sector on the up

Business Monitor International (BMI) holds that growth in Vietnam’s power sector will present immense opportunities for power-related infrastructure construction, with the announcement of numerous power plant projects over the past quarters having further strengthened the outlook for the segment. Continued growth in the power plant and transmission grid infrastructure segment ...

Oil sludge floods Vung Tau beaches in southern Vietnam

Oil sludge floods Vung Tau beaches in southern Vietnam

By Nguyen Long, Thanh Nien News Ba Ria-Vung Tau authorities have requested central agencies to inspect tides of oil sludge that have soiled local beaches the past few years, with the latest case occurring on Monday. “The sludge has appeared on the beach very often in the past several years, from March-April when the winds change,” said Le Tan Cuong of the provincial Environment ...

The Rise in Power of Vietnam's CPV

The Rise in Power of Vietnam's CPV

The Rise of the CPV indicates Vietnam's current political power struggle. In recent years the power of the Central Committee of the Communist Party of Vietnam (CPV) has increased dramatically. If this trend continues, it may bear important implications for Vietnam’s political outlook. The Central Committee’s increasing power became evident in October 2012, when the Committee ...

Foreign firms struggle to buy parts, materials in Vietnam, plea for more support

Foreign firms struggle to buy parts, materials in Vietnam, plea for more support

By N. Tran Tam, Thanh Nien News   Foreign investors in Ho Chi Minh City have continued to complain about difficulties in buying parts and materials for production, urging the government to try harder to help its stagnant supporting industries.  Yutaka Watanabe, general director of Towa Industrial Vietnam, a Japanese producer of precision machines parts used in vehicles, ...

Honeywell wins contract for third HLJOC platform offshore Vietnam

Honeywell wins contract for third HLJOC platform offshore Vietnam

3/5/2015 Share on facebookShare on twitterShare on linkedinShare on google_plusone_shareShare on print HO CHI MINH CITY, Vietnam -- Honeywell Process Solutions (HPS) announced Thursday that it has been selected to handle critical project management and engineering for a third oil and natural gas platform that will tap energy reserves off the coast of Vietnam. Hoang ...

Electricity prices to rise 7.5 percent from mid-March

Electricity prices to rise 7.5 percent from mid-March

SaiGon GP English   Electricity prices will be increased by 7.5 percent to an average of VND1,622.05 per kWh from March 16, as approved by Prime Minister Nguyen Tan Dung at a Government meeting in Hanoi on March 5.         ...