Construction starts on one-million-tonne Thi Vai LNG warehouse Business

Construction starts on one-million-tonne Thi Vai LNG warehouse

The state-owned oil and gas group PetroVietnam (PVN) and its member company, PetroVietnam Gas Corporation (PV Gas) started construction on a liquefied natural gas (LNG) warehouse at Thi Vai Terminal in the southern province of Ba Ria – Vung Tau on October 28.
Indonesia calls for investment in maritime sector World

Indonesia calls for investment in maritime sector

The Indonesian government is ready to offer projects in the maritime sector worth 91.1 billion USD next year in order to support President Joko Widodo’s administration’s plan to make Indonesia a global maritime axis.
Thailand: rice bill expected to be approved World

Thailand: rice bill expected to be approved

A committee considering the draft rice law of Thailand had showed optimism that a revised version of the bill will satisfy all relevant parties when it was put into the second debate at the National Legislative Assembly (NLA) on February 26.
Thailand meets rice export target World

Thailand meets rice export target

Thailand reached its rice export target by shipping 11.13 million tonnes worth 5.62 billion USD abroad in 2018, according to the country’s Ministry of Commerce.
Petrol imports to be reduced this year Business

Petrol imports to be reduced this year

Petrol imports this year should be sharply reduced as the Nghi Son Refinery comes into operation and the output of Dung Quất Refinery meets most of the local demand, said Deputy Minister of Industry and Trade Do Thang Hai.
Quy Nhon port handles 8 million tonnes of goods Videos

Quy Nhon port handles 8 million tonnes of goods

On December 16, Quy Nhon Port Joint Stock Company handled its 8 millionth tone of cargo of 2018, a new yearly record for the port. The 8 millionth tone of cargo through Quy Nhon port belonged to Maers
Thailand’s economic growth reaches five-year high World

Thailand’s economic growth reaches five-year high

Thailand’s economy grew 4.8 percent in the second quarter of this year, higher than that of the first quarter and the highest level in five years, according to a report from the Bank of Thailand (BoT).
Thailand raises 2018 rice export target to 10 million tonnes World

Thailand raises 2018 rice export target to 10 million tonnes

The Thai Rice Exporters Association (TREA) has revised its 2018 rice export target to 10 million tonnes from the previous forecast of 9.5 million tonnes, after exports of the grain for the first four months of this year performed better than expected.