Ba Ria-Vung Tau province health department head in trouble for bidding rules violations
Legal proceedings have been initiated against Pham Minh An, director of Ba Ria-Vung Tau province's Department of Health for alleged bidding regulation violations related to equipment supply for a hospital.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea chaebol Hyosung to pour extra $779 mln in southern Vietnam
Two Vietnam subsidiaries of South Korean industrial chaebol Hyosung have secured licenses to invest an additional $779 million in the southern province of Ba Ria-Vung Tau.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Demand for ready-built factories to be sustained amid manufacturing FDI wave: Cushman & Wakefield
The future industrial park land supply in southern Vietnam is forecasted to reach about 6,100 ha in the 2024-2026 period, easing the limitation of readily-available land banks, as provincial master development plans for the period 2021-2030, with a vision until 2050 are approved, write Cushman & Wakefield analysts.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Tosoh plans $173 mln chemicals factory in southern Vietnam
Tosoh, a Japanese chemicals and materials firm, plans to invest $172.6 million in building a methylene diphenyl isocyanate (MDI) factory in the southern province of Ba Ria-Vung Tau.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam firm operates first inland port in Ba Ria-Vung Tau
Thanh Binh Phu My Joint Stock Company has put Phu My Inland Port, the first of its kind in the coastal province of Ba Ria-Vung Tau and the third in the country’s southern region, into operation.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
PV Gas to inaugurate LNG terminal in southern Vietnam this month
Petrovietnam Gas will inaugurate and begin operating its LNG Thi Vai terminal, the first and biggest one of its kind in Vietnam, later this month after nearly four years of construction.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
K-sure’s $110 mln funding to boost Vietnam wind tower manufacturing
The Korea Trade Insurance Corporation (K-Sure), which promotes trade and overseas investment of South Korean companies, will provide financial support of $110 million to expand a wind tower plant near Ho Chi Minh City.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hyosung plans $1 bln carbon fiber plant in southern Vietnam
Hyosung Vietnam, invested by South Korea’s chaebol Hyosung, plans to invest $1 billion to build a carbon fiber factory in Phu My 2 Industrial Park, Ba Ria-Vung Tau province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Santorini-style seaside apartments in Vung Tau offer handsome tourism returns
As the only tourism apartment complex on Ha Long street in Vung Tau town, the Santorini-style Leman Cap Residence offers investors a great opportunity to reap handsome returns, its developers say.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam plans $17 bln railway routes to seaports
Vietnam plans to mobilize $17 billion to build two major railway routes linking with seaports in the northern and southern regions, and hopes to begin construction by 2030.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Léman Cap Residence sponsors beach clean-up in southern Vietnam
Over 100 staff and partners of Léman Cap Residence, a resort apartment project, cleaned up the Vung Tau beach Monday by picking up trash and other waste.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steelmaker Posco Vietnam posts $30 mln loss in 2022
Posco Vietnam Co., Ltd., a wholly-owned subsidiary of South Korean steelmaker Posco Holdings, recorded a net loss of KRW39.73 billion ($30.44 million) in 2022 against a net profit of KRW42.19 billion ($32.44 million) in 2021.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
PV Gas to receive first LNG carrier for power generation
Petrovietnam Gas (PV Gas) will receive next month its first LNG carrier at the LNG Thi Vai terminal in Ba Ria-Vung Tau province for trial power generation of power plants in the southeastern region.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
EVN likely to take over major foreign-invested power plants as BOT contracts expire
Vietnam’s Ministry of Industry and Trade has proposed Prime Minister Pham Minh Chinh allow state utility Vietnam Electricity (EVN) to take over the management of two major gas-fired power plants in southern Vietnam after their build-operate-transfer (BOT) contracts expire.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam tech unit plans wind power exports to Singapore
Petrovietnam Technical Services Corp (PTSC) has asked Ba Ria-Vung Tau authorities to approve an ocean survey for a mega project to export offshore wind power to Singapore.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
PV Gas to supply Thai group’s $5.4 bln Vietnam petrochemical complex
Leading Vietnamese gas supplier PV Gas will jointly supply materials for the $5.4 billion Long Son Petrochemicals Complex, invested by Thailand's The Siam Cement Group (SCG) in the southern province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swedish polymer solution firm Trelleborg to build $37 mln plant in southern Vietnam
Trelleborg, a Sweden-based polymer solution provider, will invest SEK400 million ($36.81 million) in a factory in the southern province of Ba Ria-Vung Tau from 2023-2026.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long Son petrochemical complex can enter operation in mid 2023
The Long Son Petrochemicals Complex in the southern province of Ba Ria-Vung Tau can enter commercial operation in mid-2023 as construction has been 98% complete.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korean firm builds $80 mln offshore tower factory in southern Vietnam
CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, conducted the groundbreaking ceremony for its offshore wind tower factory in Ba Ria-Vung Tau province on Tuesday.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC, four provinces agree investment schedule for Ring Road 4
Ho Chi Minh City and four neighboring provinces have agreed a timeframe to carry out the major Ring Road 4 project, with work expected to start in 2024 and be completed in 2028.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cement giant INSEE adds $35.7 mln to southern Vietnam facility
INSEE Vietnam, a subsidiary of Thailand’s Siam City Cement, began Sunday construction of its second production line worth $35.7 million in Ba Ria-Vung Tau province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Heineken to expand its biggest Southeast Asia brewery in southern Vietnam
Heineken Vietnam will invest an additional $142 million in its brewery in Ba Ria-Vung Tau province to expand the plant's capacity from 11 million hectoliters (hl) to 16 million.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Transport ministry seeks private capital to enlarge Con Dao airport
The Ministry of Transport is studying the feasibility of expanding the Con Dao airport in Ba Ria-Vung Tau province as a public-private partnership (PPP) or public investment project.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Taiwan’s Coretronic to open new Vietnam electronics plant next year
Taiwanese electronics maker Coretronic is set to commission its new plant in Vietnam by the end of 2023, according to the industrial park home to the facility.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cai Mep Terminal receives first Evergreen mothership
The Cai Mep International Terminal (CMIT) in the southern province of Ba Ria-Vung Tau welcomed Wednesday the 150,709 DWT Tampa-Triumph, an Evergreen mothership.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Baria-Vung Tau to develop $40-mln high-tech agricultural zone
Ba Ria-Vung Tau authorities have approved a scheme to develop the southern province's first high-tech agricultural zone with an investment of VND1,000 billion ($40.3 million).
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s GDP growth to keep driving southern industrial property market: report
The industrial and logistics market in Ho Chi Minh City, Dong Nai, Binh Duong, Long An, and Ba Ria-Vung Tau will continue to grow in 2022-2023 thanks to Vietnam’s resilient economic expansion, according to Cushman and Wakefield.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Solar power plants in southern Vietnam fined for unauthorized operation
Two solar power plants in Ba Ria-Vung Tau province have been fined VND160 million ($6,700) for operating without official appraisal and acceptance.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Heineken opens Southeast Asia’s biggest brewery in southern Vietnam
Heineken Vietnam inaugurated an expanded brewery in Ba Ria-Vung Tau province Saturday, saying it was the the biggest in Southeast Asia and used 100% renewable energy.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hung Hai Group plans battery, hydrogen factories in Ba Ria-Vung Tau
Hung Hai Group, a major Vietnamese business involving infrastructure development and renewable energy, wants to build a battery plant and hydrogen generation factory in Chau Duc district, Ba Ria-Vung Tau province.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Southern logistics project to raise Vietnam status in global supply chain
Ba Ria-Vung Tau, a coastal business hub in southern Vietnam, is speeding up groundwork for a major logistics center as the nation is emerging as a new global production base.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Two Vietnam golf courses among world’s 100 best
The Bluffs Grand Ho Tram Strip in the coastal province of Ba Ria-Vung Tau and BRG Danang Golf Resort in Danang city have been listed in world’s top 100 courses by the Golf Digest magazine.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
EVN likely to take over Phu My power plants as BOT contracts end
The Ministry of Industry and Trade has proposed the Prime Minister to award Vietnam Electricity (EVN) the Phu My 2.2 and Phu My 3 thermal power plants, following the termination of their 20-year build-operate-transfer contracts.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Southern Vietnam port flies high in world ranking
Cai Mep in Ba Ria-Vung Tau ranked 11th among world's best container ports in the Container Port Performance Index 2021 (CPPI), up from 49th place the previous year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
$4.3 bln to build HCMC Ring Road 4
Ho Chi Minh City has proposed to launch the Ring Road 4 project in 2024 with a roughly VND100,000 billion ($4.31 billion) investment, which will pass through five localities HCMC, Binh Duong, Long An, Dong Nai and Ba Ria-Vung Tau.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
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