Industrial equipment shipped to Malaysia Business

Industrial equipment shipped to Malaysia

The shipment of nine modules for the oil and gas pipeline system at the methanol plant of the Sarawak Petrochemical Refinery has left Republic of Korea’s heavy industries Doosan Vietnam (Doosan Vina)’s port for installation at the Sarawak Refinery located in the coastal Bintulu City, Malaysia.
Bac Ninh to develop 270-ha IT park Business

Bac Ninh to develop 270-ha IT park

An IT park covering an area of about 274 hectares will be built in the northern province of Bac Ninh, according to a decision by the provincial People’s Committee.
Vietnam striving for higher sovereign credit ratings by 2030 Business

Vietnam striving for higher sovereign credit ratings by 2030

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry, heightening the country’s international reputation and reducing credit risks.
National power development plan VIII targets drastic CO2 emissions reduction Business

National power development plan VIII targets drastic CO2 emissions reduction

The latest draft National Power Development Plan for the 2021 - 2030 period, with a vision to 2045 (PDP VIII) has made drastic reduction of CO2 emissions with no new coal-fired power plants to be built in the planning period, and with the switch from coal and natural gas to biomass, ammonia, and hydrogen, according to Deputy Minister of Industry and Trade Dang Hoang An.