President Vo Van Thuong meets with representatives of the Vu A Dinh Scholarship Fund and the “For the Beloved Hoang Sa and Truong Sa” Club. (Photo: VNA) Hanoi (VNA) - President Vo Van Thuong praised tireless efforts made by members of the Vu A Dinh Scholarship Fund and the “For the Beloved Hoang Sa and Truong Sa” Club to maintain operations for many years when he meet with their representatives in Hanoi on September 26. Former Vice President Truong My Hoa, Chairwoman of the Vu A Dinh Scholarship Fund , and 100 delegates who are members of the fund and the club, donors, and outstanding students who were presented with the Vu A Dinh scholarships attended the event. President Thuong expressed his joy at the practical and meaningful results of the fund and the club over the years, saying that the organisations’ practical programmes and projects have shown responsibility for the country and beloved students. He underlined the need to continue maintaining the activities of … [Read more...] about President meets with representatives of scholarship fund, club for islands
Avionics projects for engineering students
South Korea’s SK Group continues to deepen investment in Vietnam
SKC Co. Ltd. (SKC), a subsidiary of the SK Group , has received an investment certificate to develop a high-tech biodegradable materials factory in the northern port city of Hai Phong. With the total investment capital of $500 million, the factory specialises in producing biodegradable materials such as polybutylene adipate terephthalate and polybutylene succinate. The project spreads across an area of 32,089 square metres in the Haiphong I DEEP C Industrial Zone in the Dinh Vu-Cat Hai Economic Zone. In the first phase, the project will start construction in mid-December 2023, slated to be completed within nine months. The project is expected to reach an output of 35,000 tonnes by year-end. In the second phase, the company will increase the total output to 70,000 tonnes per year. Woncheo Park, CEO of SKC under SK Group said, "SK Group has invested about $3 billion in Vietnam over the past five years. Currently, Hai Phong is one of the countries with the most modern … [Read more...] about South Korea’s SK Group continues to deepen investment in Vietnam
Petrovietnam pushes initiatives to sustain oil and gas production
At the meeting. — Photo courtesy of Petrovietnam Vietnam National Oil and Gas Group (Petrovietnam) is actively pursuing strategies to ensure the continuity of oil and gas production in 2023 in the face of various challenges in its production and business operations. This becomes especially crucial as many of Việt Nam's key oil fields are experiencing natural declines, and several member units lack the capacity for substantial investments in new mining ventures. According to Petrovietnam, the current market supply and demand conditions have exhibited several shortcomings since the beginning of the year. These include a low capacity to mobilise electricity, resulting in significantly lower gas production than planned and in comparison to previous periods. Consequently, there is an excess of gas production, which has repercussions on the targets for crude oil production. Additionally, it hampers the achievement of long-term reserve increases and planned production expansions for … [Read more...] about Petrovietnam pushes initiatives to sustain oil and gas production