Samsung C&T Corp., a construction company under the Korean Samsung Group, has just signed a contract to build a combined cycle power plant worth $510 million in Vietnam. Yonhap News reported on February 2 right after Samsung C&T company made…
The US Embassy in Hanoi said on February 2 that Indo-Pacific Regional Coordinator Kurt Campbell and Assistant Secretary of State Dan Kritenbrink had just had a conversation with Vietnam’s Deputy Foreign Minister Nguyen Quoc Dung to “assess the cooperative and…
Not long after warning of a prolonged shutdown due to “financial difficulties,” Vietnam-based Nghi Son Refinery and Petrochemical Company said it had reached a short-term funding agreement to maintain its normal production. Vietnam’s largest refinery has faced the possibility of…
Overseas Vietnamese nationals who want to return home from now on will not have to go through any review. They just need to comply with regulations on epidemic prevention/control. That is the content of the document just issued by the…
A Thai energy company has decided to buy 100% of shares in two Vietnamese solar power plants with a total capacity of 50MW, estimated at nearly $27 million, Phnom Penh Post reported on January 31, citing sources from Thai energy…
Speaking on the occasion of the Lunar New Year, representatives of US government agencies in Vietnam said that the US side is committed to supporting the economic recovery and growth, and continuing to help Vietnam control the Covid-19 pandemic. Talking…
The Ministry of Culture, Sports, and Tourism of Vietnam has just proposed a plan to officially open to international visitors from March 31 while the Southeast Asian country is carrying out a “speedy vaccination campaign” against COVID-19 which was launched…
In the coming time, many new Vietnamese coal-fired power projects may be canceled due to their investors’ inability to borrow capital from international banks and financial organizations. According to information from Vietcombank Securities Company (VCBS), new coal power projects will…
The World Bank recently released a forecast that Vietnam’s economy “will accelerate in 2022 with GDP growth forecasted to increase to 5.5% from 2.6% in 2021.” The World Bank’s bulletin on January 27 cited an updated report on Vietnam’s economic…
Achievement intoxication Last year, Vietnam’s state-controlled media had the opportunity to praise all the achievements of Vietnam’s diplomacy. The Vietnamese government and the diplomatic sector are still excited to “show off their merits” when the COVID-19 pandemic broke out and…