Vietnamplus

Two ministers arrived at the scene of the hydropower plant accident in the Central Highlands province of Lam Dong on December 17 to supervise efforts to rescue 12 workers trapped inside the collapsed tunnel at the construction site of Da Dang – Da Chomo hydropower plant.

The Vietnam National Coal Mineral Industries Group (Vinacomin) has adjusted this years’ coal production and consumption plans as domestic coal consumption in the second half of 2014 is expected to rise, the Vietnam Economic News reported.

Seven State-owned enterprises (SOEs) out of the 44 that had their restructuring plans approved have re-organised their management structure to boost efficiency, according to the Ministry of Finance's statistics.

Only three Vietnamese bonds are listed on the international market, and their liquidity remains low.

The first turbine of Nhon Trach 2 thermal power plant, located in the southern province of Dong Nai,  on December 26 officially generated electricity to the national grid, three months ahead of schedule.

The Vietnam Report Joint-Stock Company on Nov. 25 issued its fourth annual list of the top 500 Vietnamese companies, with Vietnam National Oil and Gas Group heading the list.

The Vietnam Report Company and online newspaper VietnamNet announced the 1,000 largest corporate income tax payers in Vietnam in a profile released Sept. 22.

Six foreign banks and the PetroVietnam Nhon Trach 2 Power Joint Stock Company (PVNTP) signed a contract valued at 470 million USD for Nhon Trach 2 Thermal Power project (NTTP) on August 10 in Hanoi.