Participants at the meeting (Photo: VNA) Can Tho (VNA) - Offcicials of the Mekong Delta city of Can Tho city and relevant departments and sectors had a working session with representatives from Russian businesses on May 27 to discuss investment cooperation opportunities in terms of supply chain, import-export, technical infrastructure and logistics in the locality. Shigabutdinov Ruslan - Member of the Board of Directors of TAIF Group said that with its strength in petrochemical refining, the firm wishes to learn about the fields of seaport services, logistics and petrochemical refining in the locality. Local representatives briefed Russian investors on Can Tho’s potential, orientation and policies for calling for investment, while infỏrming guests about the development plan of industrial park infrastructure projects and logistics centres in the city. Tran Phu Loc Thanh, Deputy Chief of Office of the municipal People's Committee said the locality prioritises … [Read more...] about Russian enterprises explore investment opportunities in Can Tho
Industrial park
Indonesia to allow exports of five raw minerals
Jakarta (VNA) - Indonesia will continue exporting some raw minerals in 2024 in the context that domestic companies are rushing to finish smelters to process the metal ore, said Minister of Energy and Mineral Resources Arifin Tasrif. The resource-rich country had planned to ban exports of all metal ore starting in June 2023 to encourage investment in the domestic processing industry . But copper, iron ore, lead, zinc and anode mud from copper concentrates will be allowed to leave the country until May next year so smelters, many of which were delayed by the COVID-19 pandemic, would be ready to handle the materials. The minister said banning exports prematurely would cost the country revenue and jobs. Companies can keep exporting if they pay export duties and if their smelters were at least half-completed as of January. But they will be fined for every month of delay, Arifin noted. The Indonesian government has said it would exempt copper miners Freeport Indonesia and … [Read more...] about Indonesia to allow exports of five raw minerals
Malaysia signs important deals at LIMA 2023
The agreements are signed at the Langkawi International Maritime and Aerospace exhibition 2023 mô (Photo: tnst.com.my) Kuala Lumpur (VNA) - Malaysia's Defence Ministry announced on May 26 that it has signed 43 agreements worth 10.1 billion RM (2.2 billion USD) with partner during this year’s 16th Langkawi International Maritime and Aerospace Exhibition ( LIMA ). They include the purchase of 18 FA-50 light attack aircraft from Korea Aerospace Industries (KAI), and four units of Sikorsky's Black Hawk helicopters to be leased from Malaysian firm Aerotree Defence and Services, the ministry said in a statement. KAI, the Republic of Korea's sole warplane manufacturer, won a bid to supply the jets to Malaysia for about 920 million USD. The acquisitions come as Malaysia looks to upgrade or replace several aging military assets. The Government allocated 17.7 billion RM for the defence ministry under this year's budget, a 10% increase from its funding in 2022. The Royal … [Read more...] about Malaysia signs important deals at LIMA 2023
Defense leader receives newly-appointed Chilean Ambassador to Vietnam
At the meeting, Sr. Lt. Gen. Hoang Xuan Chien congratulated Mr. Sergio Narea Guzman on his new appointment as Chilean Ambassador to Vietnam and expressed strong belief that the diplomat would have a successful term of office, contributing to further strengthening the Vietnam - Chile comprehensive partnership. The Vietnamese deputy defense minister emphasized that despite geographical distance, Vietnam and Chile share some similarities and strive for independence, self-reliance, peace, cooperation, and development. He said that Vietnam treasures the comprehensive partnership with Chile and hopes to foster the multifaceted relationship with the country, including defense ties. Gen. Chien suggested Ambassador Sergio Narea Guzman, in his term of office, pay attention to strengthening the bilateral defense cooperation focusing on such fields as delegation exchange to strengthen mutual understanding, training, defense industry, military medicine, and U.N. peacekeeping operations. He … [Read more...] about Defense leader receives newly-appointed Chilean Ambassador to Vietnam
Ba Ria – Vung Tau leader receives Belarusian Deputy Minister
Thong said he expects that through the event, the Vietnamese people in general and residents of Ba Ria - Vung Tau in particular will have more opportunities for exchanges with Belarus, thus further strengthening the good relationship between the two countries. The province hopes to welcome investors from Belarus in the fields of industry, seaports, tourism, and high-tech agriculture in the coming time, the official added. For his part, the Belarusian official said his country's localities are considering the expansion of cooperative relations with provinces and cities of Vietnam, including Ba Ria - Vung Tau, a province with strengths in trade, industry, service, tourism, and international seaport. He said that Consul General of Belarus in Ho Chi Minh City Ruslan Varrankou will act as a bridge to promote the connection between the two localities, thus fostering friendly relations between Vietnam and Belarus. Within the framework of the Belarus Cultural Days 2023 in Vietnam, the … [Read more...] about Ba Ria – Vung Tau leader receives Belarusian Deputy Minister