Japanese firm begins work on $19 mln biomass fuel factory in northern Vietnam
Japanese renewable energy firm Erex Co., Ltd. kicked off construction of a VND478.8 billion ($19.4 million) biomass fuel factory in the northern mountainous province of Tuyen Quang Wednesday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hyosung plans $400 mln aviation fuel investment in southern Vietnam
South Korean industrial chaebol Hyosung plans to invest $400 million in a hydro-treated vegetable oil (HVO) project for manufacturing aviation fuel in the southern coastal province of Ba Ria-Vung Tau.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Boeing seeks to boost supply chain in Vietnam
Boeing opened its new permanent Vietnam office in Hanoi on Friday as the aerospace giant embarks on its mission to turn the country into a major supplier for the global aerospace industry.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major Mekong Delta fuel supplier about to open storage facility
NSH Petro JSC, a major fuel supplier based in Vietnam’s Mekong Delta, is set to inaugurate the first phase of its Soai Rap-Hiep Phuoc fuel storage depot in Tien Giang province on April 30.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Laos, US firms eye fuel storage facility in central Vietnam
Quang Tri province authorities have agreed in-principle with a proposal to invest in a bonded warehouse for fuel by a joint venture of firms from Laos, Vietnam, and the U.S.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Retail prices of gasoline, oil in Vietnam down
Retail prices of gasoline and oil in Vietnam went down by VND300-750 ($0.01-0.03) per liter on Tuesday, amid the fall of global prices for kerosene and diesel oil and small fluctuations of gasoline prices.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gasoline prices up, oil down
Retail gasoline prices in Vietnam increased by VND540-620 ($0.03) per liter on Monday after a hike last month, while the prices of oil went down by nearly VND1,000 ($0.04).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Just 100 of 17,000 gas stations shuttered: trade ministry downplays gasoline shortage
The Ministry of Industry and Trade asserted Monday that a shortage of gasoline has been recorded at only 100 out of the country’s 17,000 stations, and inventories can basically meet domestic demand.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Gasoline prices down, close to August 2021 levels
Gasoline prices in Vietnam were slashed by more than VND1,000 per liter on Monday, bringing the price of RON 95-III to almost VND21,000, equal to the price in August last year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam can meet fuel demand this year: ministry
Vietnam can fully meet its fuel demand for the rest of this year, with domestic sources accounting for 80% of supply, the Ministry of Industry and Trade reported.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel maker Hoa Phat expects lower profit in 2022
Hoa Phat Group, Vietnam’s leading steel producer, expected a profit after tax of VND25,000-30,000 billion ($1.08-1.29 billion) in 2022, down 13-28% from 2021.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to grow at 6.2%: HSBC
HSBC has revised down Vietnam’s GDP forecast by 0.3% to 6.2% due to impacts of the global fuel shortage.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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No offshore wind projects in Vietnam until 2028: global council
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