Song cam shipbuilding joint stock company

Workers at Dung Quat Oil Refinery in the central province of Quang Ngai, operated by Binh Son Refining and Petrochemical JSC (BSR). Shares of most oil and gas companies witnessed double-digit growth compared to the beginning of this year. — Photo bsr.com.vn In the context of the general market moving sideways, oil and gas stocks have gone against the trend to increase rapidly, which was supported by positive information from billion-dollar domestic oil and gas projects. One of the stocks that gained the most was PVS of PetroVietnam Technical Services Corporation (PVS). In the past month, the company's shares have increased by 21 per cent in market prices. Compared to the beginning of this year, this stock has increased by 35 per cent, currently trading at VND35,000 per share. In Q1, net revenue of PVS decreased slightly by 1.7 per cent to VND3.7 trillion. However, gross profit went up by 5.8 per cent thanks to the gross margin of Mechanical & Construction (M&C) segment. … [Read more...] about Oil companies see positive Q1, shares witness growth

Two waste-to-energy projects in Ho Chi Minh City have yet to be completed although work on them started in 2019 and they were expected to treat thousands of metric tons of garbage starting in 2020. The projects are funded by Vietstar Joint Stock Company and Tam Sinh Nghia Investment - Development Joint Stock Company in the Tay Bac Solid Waste Treatment Complex in Cu Chi District. The waste volume in the city increases annually, while burying waste is out-of-date and causes environmental pollution. As a result, Ho Chi Minh City needs to accelerate and put into operation waste-to-energy projects. Vietstar Joint Stock Company has completed the installation and operation of three waste sorting lines, constructed a 27-meter-wide road leading to the plant, leveled a construction site measuring 45,000 square meters, and signed contracts and made deposits for main equipment imports, Ngo Nhu Hung Viet, general director of the company, told Tuoi Tre (Youth) newspaper. However, the … [Read more...] about 2 waste-to-energy projects in Ho Chi Minh City at standstill after 4 years

The construction ministry has raised two reasons for the non-disbursement of the credit package of VND120 trillion (US$5.14 billion) launched by the government about two months ago for developing projects to build social houses and houses for workers, and upgrade deteriorated apartment buildings. In a recent report to the Prime Minister in relation to the credit package, the ministry said around 100 projects for building social houses and houses for workers have been licensed for construction but local authorities have yet to publicly announce lists of specific projects. Therefore, banks related to this package have not been able to provide loans sourced from this package to investors and buyers in such projects, the ministry said. The second reason that blocked the disbursement of the package is that most of these projects have yet to be ready for implementation as they remain in the completion stage for investment procedures. Earlier, at a recent conference on building one … [Read more...] about Construction ministry explains why $5.14bn credit package yet to be disbursed

New Zealand Deputy Minister of Foreign Affairs and Trade Vangelis Vitalis In the near future there will be many opportunities to develop Viet Nam-New Zealand relations in many aspects, according to New Zealand Deputy Minister of Foreign Affairs and Trade Vangelis Vitalis. On the sidelines of the 8th meeting of the Viet Nam-New Zealand Joint Trade and Economic Commission (JTEC), he spoke about the results of the meeting and the prospect of cooperation and investment between Viet Nam and New Zealand. What are the results of the 8th JTEC meeting? How do you evaluate the cooperation between the two countries in economics, trade and related fields after the 7th JTEC meeting in 2020? The joint trade economic cooperation talks are always a very important moment in the bilateral relationship between Viet Nam and New Zealand. And the things Viet Nam's Deputy Minister of Industry and Trade Phan Thi Thang and I focus on are practical things. These things will benefit our businesses, … [Read more...] about Viet Nam and New Zealand have great potential for economic and trade cooperation

Additionally, the two entities have signed an MoU to foster collaboration in the renewable energy sector, commencing with the development of further rooftop solar projects for Sao Mai Group's industrial facilities. The 3.4 MWp portfolio of rooftop solar PV projects have been installed on the roofs of the Asia Fish Oil and IDI International Development and Investment JSC factories located in the Vam Cong Industrial Cluster in the Mekong Delta province of Dong Thap. It currently generates 4.4 gigawatt hours of renewable energy each year, reducing more than 3,500 tons of CO 2 emissions annually – equivalent to planting over 52,500 trees. As a leading provider of solar solutions in the region, TotalEnergies ENEOS will leverage its international technical expertise and operate this portfolio efficiently to serve its business-to-business (B2B) customers. Elodie Renaud, director of TotalEnergies ENEOS Renewables Distributed Generation Asia stated, “We are very pleased not only with … [Read more...] about TotalEnergies ENEOS expands in Vietnam through partnership with Sao Mai Solar

The Investment and Trade Promotion Center of Ho Chi Minh City (ITPC) and Ho Chi Minh City Association of Mechanical–Electrical Enterprises are jointly organizing the “Ho Chi Minh City Products Week 2023 - Mechanical and Electrical Devices and Digital Technology” which attracts the participation of over 40 businesses. Exhibitors are showcasing machinery, electrical equipment, digital technology services and solutions, logistics services supporting the mechanical engineering and electrical equipment manufacturing industry, and warehouse storage solutions. According to Tran Phu Lu, ITPC Deputy Director, the products selected by businesses to showcase in the exhibition are reputable and high-quality items with beautiful designs and advanced technology, which also incorporate digital technology and automation in their applications. The expo, to go on until June 7, is part of a city trade promotion campaign to help mechanical and electrical businesses promote their brands and products. … [Read more...] about Ho Chi Minh City seeks to promote export of mechanical products