New power plant to be built in Quang Ninh
The Doosan Heavy Industries and Construction Group based in the
Republic of Korea has signed a 1.3 billion USD contract to build a
power plant in the northeastern province of Quang Ninh.
The Doosan Heavy Industries and Construction Group based in the
Republic of Korea has signed a 1.3 billion USD contract to build a
power plant in the northeastern province of Quang Ninh.
The project will be carried out by the Doosan Heavy Industries Vietnam Company (Doosan Vina), an affiliate of the Doosan Group, AES-VCM and the Mong Duong Electricity Company.
Under the contract, Doosan will provide the technology and purchase the necessary equipment for the 1,200MW plant.
It is expected to be completed by June 2015.
Doosan has been operating in Vietnam in 15 years, said Doosan Vina’s General Director BJ Cho, adding that the project would help to expand Doosan Vina’s operations in Vietnam . It is estimated the capital needed for the power plant construction will amount to 17.7 billion USD by 2015.
Doosan Vina, located in Dung Quat economic zone in the central province of Quang Ngai , employs nearly 2,000 workers who will be trained in building and operating skills./.
The project will be carried out by the Doosan Heavy Industries Vietnam Company (Doosan Vina), an affiliate of the Doosan Group, AES-VCM and the Mong Duong Electricity Company.
Under the contract, Doosan will provide the technology and purchase the necessary equipment for the 1,200MW plant.
It is expected to be completed by June 2015.
Doosan has been operating in Vietnam in 15 years, said Doosan Vina’s General Director BJ Cho, adding that the project would help to expand Doosan Vina’s operations in Vietnam . It is estimated the capital needed for the power plant construction will amount to 17.7 billion USD by 2015.
Doosan Vina, located in Dung Quat economic zone in the central province of Quang Ngai , employs nearly 2,000 workers who will be trained in building and operating skills./.
You should also see
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
See more
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Vietnam needs drastic reforms to create firm ground for economic growth: experts
Drastic institutional reforms are needed to create firm ground for economic growth in the context that persistent challenges, both external and internal, still cloud the growth prospect, experts have said.
