Vietnam, RoK sign energy deals
Vietnam and the Republic of Korea signed four memos of cooperation in
energy and minerals at a meeting in Hanoi on December 20.
Vietnam and the Republic of Korea signed four memos of cooperation in
energy and minerals at a meeting in Hanoi on December 20.
The deals included principles on a joint venture of the Nam Dinh thermo-power plant with a capacity of 2,400 MW at an investment of 4.5 billion USD.
The other accords were a framework agreement of cooperation in exploiting Bao Dai coal mine and improvement of the mining environment in Vietnam, expansion of cooperation in exploration and exploitation of oil and gas in Vietnam and a third country, and feasibility studies on rare minerals in the central province of Nghe An.
The meeting, held by the sub-committee for Vietnam-RoK cooperation in energy and minerals, takes place on an annual basis, dealing with cooperation in electricity, coal, petroleum and minerals.
Since 2003 such a meeting has embarked on deliberating nuclear energy development in the Southeast Asian nation.
RoK Deputy Minister of Economy and Knowledge, Park Young June, who co-chaired this year’s event, said the two countries should better utilise their advantages in areas beyond energy and minerals for mutual interests, such as trade, technology and construction./.
The deals included principles on a joint venture of the Nam Dinh thermo-power plant with a capacity of 2,400 MW at an investment of 4.5 billion USD.
The other accords were a framework agreement of cooperation in exploiting Bao Dai coal mine and improvement of the mining environment in Vietnam, expansion of cooperation in exploration and exploitation of oil and gas in Vietnam and a third country, and feasibility studies on rare minerals in the central province of Nghe An.
The meeting, held by the sub-committee for Vietnam-RoK cooperation in energy and minerals, takes place on an annual basis, dealing with cooperation in electricity, coal, petroleum and minerals.
Since 2003 such a meeting has embarked on deliberating nuclear energy development in the Southeast Asian nation.
RoK Deputy Minister of Economy and Knowledge, Park Young June, who co-chaired this year’s event, said the two countries should better utilise their advantages in areas beyond energy and minerals for mutual interests, such as trade, technology and construction./.
You should also see
Cam Lam - Vinh Hao Expressway to help drive south-central region's economy
The 78.5km Cam Lam - Vinh Hao Expressway, one of the three sub-projects of the North - South Expressway project’s eastern wing, officially opened to traffic on April 26.
See more
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
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.
