Southern province of dong nai

Vietnamese steel industry calling for wider investment from overseas entities, photo Le Toan Posco Yamato Vina Steel JSC, a joint venture between South Korea’s Pohang Iron and Steel Company and Japan’s Yamato Holdings, is contemplating constructing a second facility in Vietnam. Lee Youngwoo, general manager of Posco Yamato Vina, wants to “establish a robust sales network” across Vietnam while enhancing scrap supply security. In 2020, Posco Yamato Vina was the first to manufacture wide H-shaped steel in Vietnam. According to Lee, the business built a representative office in Haiphong last year in order to “create additional prospects for collaboration” with clients. In the southern province of Ba Ria-Vung Tau, Posco Yamato Vina operates a steel mill with a capacity of one million metric tonnes per year and produces section steel with a capacity of 500,000 tonnes per year. Following a lack of foreign investment in steel manufacturing in recent years, many observers see Posco … [Read more...] about Vietnamese steel industry calling for wider investment from overseas entities

Participants at the talks (Photo: VNA) Lang Son (VNA) – Secretary of the Party Committee of Lang Son province Nguyen Quoc Doan held talks with Liu Ning, Secretary of the Party Committee of China's Guangxi Zhuang Autonomous Region, in Lang Son city on March 30, during which they discussed measures to further expand border trade cooperation. The two sides positively evaluated the close high-level relationship between the two Parties and States, as well as between Lang Son and Guangxi, which has been increasingly strengthened and nurtured. They also discussed measures to promote the potential and strengths, and step up cross-border trade. Liu said he hopes the two countries will continue to strengthen strategic development and connection and deepen practical cooperation in various fields, thus strongly promoting the partnership and comprehensive strategic cooperation in the new era. The Chinese official said Guangxi is currently implementing measures to promote the … [Read more...] about Vietnamese, Chinese localities eye stronger border trade

On March 31, the event occurred adjacent to the Hanoi Cooperative Alliance's headquarters in Van Quan Ward, Ha Dong District. More than 100 cooperative groups of cooperative alliances from Hanoi and provinces all over the country participated in a week-long fair promoting the sale of farm produce and handicrafts recognized by the One Commune One Product (OCOP) program to showcase their products and agricultural models linked to eco-tourism. Hanoi's authorities attend the opening ceremony of the event. Photo: Trong Tung/ The Hanoi Times Do Huy Chien, the chairman of the Hanoi Cooperative Alliance, stated that the week-long fair aims to promote farm goods, processed foods, and OCOP items related to rural and agricultural sectors and traditional craft villages from Hanoi and other areas. "The event is also intended to link tourism promotion activities between the city and localities throughout the country, contributing to increasing the brand value of … [Read more...] about Hanoi hosts a week-long exhibition showcasing OCOP farm products

An ongoing rise in Vietnam's rice price is the continuation of a trend that began last year when Chinese and Indonesian importers upped their consumption of the Vietnamese staple. Statistics from the Ministry of Agriculture and Rural Development indicated that Vietnam exported an estimated 900,000 tonnes of rice worth VND11.3 trillion (US$480 million) in March, taking the total volume and value of rice exports in the first three months of the year to 1.79 million tonnes and VND22.3 trillion ($952 million), respectively. While the total value of Vietnamese rice exports surged 30 percent against the same period last year, the volume fell 19 percent. From January to March, Vietnam’s rice export price averaged VND12.5 million ($531) per tonne, up 9.2 percent year on year. During the first two months of 2023, Vietnam shipped 401,980 tonnes of rice valued at VND4.8 trillion ($204.69 million) to the Philippines, making the archipelago Vietnam’s largest rice buyer, accounting for 43 … [Read more...] about Export price of Vietnamese rice on the rise

A Chinese director of a company in Binh Duong Province, southern Vietnam has been arrested on suspicion of killing a Vietnamese accountant, who was eight weeks pregnant, at his firm, a local police source said on Thursday. Yang Zhong Wu, 47, of Chinese nationality, was detained on Thursday evening while he was holed up in Pleiku City of the Central Highlands province of Gia Lai, about 460 kilometers from Binh Duong, according to the source. The victim was L.T.M., 30, an accountant of Vinh Nhuan Co. Ltd., located in Binh Duong’s Tan Uyen Town, where Yang is the director. Yang’s arrest came one day after Binh Duong police issued a notice to hunt for him after they examined the scene of the killing at Vinh Nhuan. The examination was made as soon as police received a report from the company's staff who found M.'s corpse in the restroom. M. was seen dead with multiple injuries, including a cut on her neck, on the floor of the toilet at around 5:00 pm on Wednesday. A knife … [Read more...] about Chinese director arrested for allegedly killing pregnant Vietnamese accountant

Construction of a USD1.49 trillion (USD63.41 million) coastal road section in the southern central province of Binh Dinh began on Friday morning. The 4.3-kilometre section is part of the DT 639 coast road project. The six-lane road will link Nhon Phu and Nhon Binh wards in Quy Nhon City. Work starts on 639 coast road project (Photo by baotintuc.vn ) Three concrete bridges and eight drainage systems will be built on the road which is scheduled to be put into operation in early 2025. Binh Dinh will have a total of 115 kilometres of coastal road to connect the neighbouring provinces of Quang Ngai and Phu Yen provinces according to government plans. Many of Binh Dinh’s coastal roads are narrow and prone to flooding during the rainy season. Highway 639’s three sections of around 50 kilometres have already been completed. Another 14-kilometre long which runs from Phu Cat to Tuy Phuoc districts is still under construction. Once fully completed, the DT 639 road … [Read more...] about Work starts on coastal road in Binh Dinh

The People's Committee of Tra Vinh Province in southern Vietnam on Thursday held a ceremony to kick off a project to build a green hydrogen plant with an estimated investment of VND8 trillion (US$341 million). The project, whose investor is TGS Tra Vinh Green Hydrogen Corporation, an arm of The Green Solutions Group, is the largest-ever green hydrogen plant in the Southeast Asian country. It was designed to cover some 21 hectares of land. Once completed, the project will produce green hydrogen through seawater electrolysis, in which renewable energy will be used to split seawater into hydrogen and oxygen. Hydrogen will be stored in the form of liquefied gas which is easily transported and used in many heavy industries. The green hydrogen factory will help deal with the redundant output of wind and solar power plants. In the future, vehicles, such as cars, buses, and trucks, are expected to be hydrogen-powered and discharge steam instead of carbon dioxide emissions as … [Read more...] about Work starts on Vietnam’s largest-ever green hydrogen plant

An overview of the meeting. (Photo: VNA) Hanoi (VNA) – Foreign Minister Bui Thanh Son hosted a reception for Liu Ning, Secretary of the Party Committee of the Guangxi Zhuang Autonomous Region , in Hanoi on March 30, discussing a wide range of issues to boost ties between the two sides. During the session, the host proposed that the two sides promote existing bilateral cooperation mechanisms and programmes, expand friendship exchange between the people along the shared border, and effectively implement legal documents regarding land border and related agreements. The two sides shared delight at the sound development of the Vietnam-China relations over the years, especially after Party General Secretary Nguyen Phu Trong ’s visit to China last year. They agreed that the success of the visit has given a strong impetus to the growth of the traditional friendship between the two Parties and the comprehensive strategic cooperative partnership between the two countries. … [Read more...] about Foreign minister hosts China’s Guangxi leader