Hanoi (VNA) – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has agreed to provide 1.5 trillion VND (65.1 million USD) in credit for the PetroVietnam Gas Corporation (PV Gas) to finance the second phase of the adjusted Nam Con Son 2 Gas Pipeline Project. The credit agreement marks a new milestone in the comprehensive strategic partnership established in 2018 between the two State-owned enterprises. Part of the Master Plan for Vietnam’s Gas Industry Development to 2025 and a vision until 2035, the project is significant for the synchronous development of infrastructure in the country’s gas industry and will help enhance the capacity and flexibility of local gas projects. The first phase, laying 151 km of undersea pipeline off the coast of southern Ba Ria-Vung Tau province, was completed in 2015. The second phase will build main pipelines for transporting gas from the Cuu Long and Nam Con Son fields to the mainland. PV Gas General … [Read more...] about Vietcombank provides 65 mln USD in credit to PV Gas pipeline project
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Central city to introduce tourism property project
Property developer PGT has inked a co-operation and operation agreement with InterContinetal Hotels Group (IHG) PLC, Ong&Ong Singapore, VLand and Savills Viet Nam to develop a beachfront luxury apartment and hotel complex this year in Da Nang. … [Read more...] about Central city to introduce tourism property project
Vietcombank provides USD 65 mln in credit to PV Gas pipeline project
At the Nam Con Son Gas Processing Plant. Part of the Master Plan for Vietnam’s Gas Industry Development to 2025 and a vision until 2035, the project is significant for the synchronous development of infrastructure in the country’s gas industry and will help enhance the capacity and flexibility of local gas projects. … [Read more...] about Vietcombank provides USD 65 mln in credit to PV Gas pipeline project
Built on open culture and dialogue, Lean is a game changer for GE
Case in point, in Indonesia, beyond accelerating to success with support from corporate cultures, the availability of skilled talent, solid infrastructure, and strong government support in respect to lean efforts made Indonesia’s PT GE Nusantara Turbine Service (PT GENTS) an excellent foothold as a Centre of Excellence (CoE) for global B- and E-Repair of next-generation repair capabilities. With over 25 years of operations, this recent transformation led by GE Gas Power in line with the Indonesian government support is the most extensive supply chain development at the centre project yet. … [Read more...] about Built on open culture and dialogue, Lean is a game changer for GE
Binh Duong to spend 388 million USD to improve transport connectivity
HCM City (VNS/VNA) – The southern province of Binh Duong will spend around 9 trillion VND (388 million USD) on key transport projects this year to boost socio-economic development, Chairman of the provincial People’s Committee Nguyen Hoang Thao has said. In order to efficiently use the money, funds will be spent on important, key projects that can be completed and put into use this year. Specifically, the province plans to build fly-over bridges at Phuoc Kien, Cho Dinh and Cho Cay Dua junctions. The provincial construction department said the fly-overs would reduce ground level junctions with the ring road and the My Phuoc - Tan Van expressway, while boosting traffic connections among industrial parks in the province and HCM City ports. The province also plans to expand and upgrade My Phuoc - Tan Van expressway and provincial highways No. 743, 747B and 746, which will improve transport to Dong Nai province and HCM City. … [Read more...] about Binh Duong to spend 388 million USD to improve transport connectivity
