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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VIETNAM BUSINESS NEWS JANUARY 20
Bamboo Airways said it recently launched direct flights from Can Tho to Phu Quoc island, and Con Dao island in Ba Ria-Vung Tau province. The non-stop service will be operated during the week, using Embraer 195 aircraft. On the occasion, the airline offers special fares on the route, with one-way ticket priced from 49,000 VND on Can Tho-Phu Quoc, and 809,000 VND on Can Tho-Con Dao. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
