Construction of gas processing plant in Ca Mau starts

The construction of a gas processing plant, part of the Ca Mau Gas-Electricity-Fertiliser Complex, commenced in the southernmost province of Ca Mau on February 7 in the presence of Prime Minister Nguyen Tan Dung.
The construction of a gas processing plant, part of the Ca MauGas-Electricity-Fertiliser Complex, commenced in the southernmostprovince of Ca Mau on February 7 in the presence of Prime MinisterNguyen Tan Dung.

The facility is designed with acapacity of processing 6.2 million cubic meters of natural gas takenfrom gas fields in the south-western region on a daily basis. It isexpected to diversify highly-value oil and gas products in the region,ensure the national energy security, and contribute to the localsocio-economic development.

Speaking at thelaunching ceremony, Prime Minister Nguyen Tan Dung acknowledged effortsby the Vietnam Oil and Gas Group (PetroVietnam) to start construction ofthe plant and welcome the safe transport of 10 billion cubic meters ofnatural gas from the PM3 – Commercial Arrangement Area (PM3-CAA) to theCa Mau Gas-Electricity-Fertiliser Complex.

He urgedthe group to work hard for the early operation of the plant, which isexpected to generate over 5 trillion VND (238 million USD) in annualproduction value once completed by the end of 2016.

He also lauded the group for fulfilling the Government targets of oil and gas exploration and exploitation in 2014.

The gas processing plant is part of a project worth over 10 trillionVND (476 million USD), which also includes installing additionalpipelines offshore to increase transport capacity of the PM3-Ca Mau gaspipeline network from 5.8 million cubic meters to 6.95 million cubicmeters per day, building a storage system of 8,000 tonnes of liquefiedgas (LPG) and 3,000 cubic meters of condensate, and a port systemserving the export of liquid products at Khanh An industrial park in UMinh district.

With a total investment of nearly 300million USD, the PM3-Ca Mau gas pipeline currently brings ashore 6.25million cubic meters a day, a remarkable rise from its initial capacityof 5.47 million cubic meters of gas. It is able to supply sufficient gasfor two power plants to generate around 8 billion kWh of electricityand a fertiliser plant produce 800,000 tonnes of products annually.

By 2014, the Ca Mau Gas Company provided over 10.86 billion cubicmeters of gas for the power and fertiliser plants to produce over 50billion kWh of electricity and 2,000 tonnes of fertiliser, respectivelyaccounting for 7 percent and 40 percent of the country’s figures.-VNA

See more

Workers process tra (pangasius) for export (Photo: VNA)

Vietnam–Singapore trade continues to thrive

For the year as a whole, Vietnam retained its position as Singapore’s 10th largest trading partner. Bilateral trade reached a record high of nearly 40 billion SGD, up 26.2% from the previous peak of 31.67 billion SGD recorded in 2024.

Eric Van Vaerenbergh, an energy expert and lecturer at the Brussels Engineering School (ECAM) (Photo: VNA)

Belgian expert optimistic about Vietnam’s economic outlook

Vietnam should move from a growth model based mainly on expanding capital and labour to one driven by productivity improvements. He said that this requires enhancing the quality of the workforce, particularly engineers, technicians, and managers in industrial sectors.

Workers at the VSIP Hai Phong industrial and urban complex, which specialises in producing electronic components for office equipment. (Photo: VNA)

Roadmap aims to improve business climate and boost competitiveness

By the end of 2026, Vietnam aims to rank among the world’s top 50 performers in the United Nations Sustainable Development Goals, advance at least three places in the International Property Rights Index, and climb at least one position in the Global Innovation Index.

Vietnam is strengthening its position in the technology value chain, becoming a major manufacturing hub for complete consumer electronics products. (Photo: VNA)

ESG standards offer opportunities to reposition Vietnam’s electronics firms

The 2025-2027 period will be a critical turning point, as exporters to the European market will be required to strictly comply with ESG standards, including net-zero emissions roadmaps, labour standards, corporate governance and transparency requirements. As a key export sector, the electronics industry is being directly and strongly affected by this shift.

A production line for camera modules and electronic components at the factory of MCNEX VINA Co. Ltd, a Republic of Korean-invested company in Phuc Son Industrial Park, Ninh Binh province. (Photo: VNA)

Science, technology, innovation as engines of economic growth

To ensure that science and technology truly act as a powerful growth engine, experts emphasised the need for the Government to put in place supportive mechanisms and policies that encourage enterprises to invest in research and development, while strengthening cooperation among the State, research institutions and the business sector.

The headquarters of the Ministry of Industry and Trade in Hanoi (Photo: VNA)

PM updates lead roles to drive UKVFTA forward

The Ministry of Industry and Trade (MoIT) is named the lead agency, with overall responsibility for the agreement’s general goals and definitions, trade remedies, non-tariff barriers to trade and investment in renewable energy, competition policies, State-owned enterprises, enterprises with special or exclusive rights and those with designated monopolies, as well as institutional, general and final terms.

Vietravel Airlines is taking measures to enhance service quality and optimise operations amid high travel demand during Tet. (Photo: VNA)

Vietravel Airlines to add new route serving Lunar New Year travel peak

During the peak period of the Lunar New Year (Tet) festival in 2026, Vietravel Airlines plans to operate six – eight flights daily on the Ho Chi Minh City – Hanoi route, three flights daily on the Ho Chi Minh City – Da Nang and Ho Chi Minh City – Vinh routes; and two flights daily on the Ho Chi Minh City – Quy Nhon route.

The completion of Can Tho - Ca Mau expressway has helped shorten travel time from Can Tho to Ca Mau to just one hour and a half (Photo: VNA)

Can Tho–Ca Mau expressway fully opens from January 19

The new section, together with the Can Tho–Hau Giang segment that has been operating smoothly since late December last year, has completed the entire 110.85-km route. With total investment exceeding 27.52 trillion VND (1.04 billion USD), the four-lane expressway is built to modern standards and serves as a key transport artery linking major economic and political centres, industrial zones and seaports in the southwestern region.