Southern Vietnam province hopes to lure FDI for industrial development
The southern province of Ba Ria-Vung Tau plans to attract foreign direct investment (FDI) in 110 new projects across various industries, according to local authorities.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam operations result in $1.26 bln revenue for Thai giant SCG in 2023, topping overseas earners
Thailand’s Siam Cement Group (SCG) earned revenues of THB121.85 billion ($3.45 billion) from overseas business in 2023, down 23% year-on-year, including THB44.55 billion ($1.26 billion) from Vietnam, down 25%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam, Petronas ink wide-ranging cooperation pact
Petrovietnam and Petronas, national oil companies of Vietnam and Malaysia, respectively, have signed a memorandum of cooperation (MoC) in renewable energy, gas, upstream and downstream sectors.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should open up wholesale electricity market: Long Son petrochemical complex
Vietnam should open up the wholesale electricity market mechanism, Long Son Petrochemicals Complex (LSP), invested by Thailand's The Siam Cement Group (SCG), proposed on Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam set to become Southeast Asia petrochemicals giant
Vietnam is poised to become a regional leader in oil and petrochemical products with new production facilities in the pipeline and the industry attracting billions more in investment.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai giant SCG posts Q1 revenue of $294 mln in Vietnam
Siam Cement Group (SCG) posted a revenue of THB10.024 billion ($293.53 million) from its Vietnam operations in the first quarter of 2023, down 26.63% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long Son Petrochemicals urges ministries to finalize tax preferences
Long Son Petrochemicals Company Limited (LSP) has urged two ministries to aid the Long Son Petrochemicals Complex by finalizing the tax preferences, particularly for material imports, to avoid delays to the project.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Quang Ngai province eyes energy, petrochemical center in Dung Quat
Quang Ngai has proposed the construction of a national petrochemical and energy center within its Dung Quat Economic Zone, during Prime Minister Pham Minh Chinh’s visit to the central province on Sunday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam’s proposed $19 bln petrochemical complex a necessity: ministry
State-run Petrovietnam’s proposal on investing around $19 billion to develop an oil refinery and national petroleum reserve in the south is "reasonable", says the Ministry of Industry and Trade.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai consortium proposes petrochemical complex in central Vietnam
Major rice producer Asia Golden Rice (AGR) and two other firms from Thailand have proposed building a petrochemical compound with power plants and support industry factories in Thua Thien-Hue province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai group’s $5.4 bln Vietnam petrochemical complex 96% complete
The Siam Cement Group’s (SCG) Long Son Petrochemicals Complex in southern Vietnam was 96.2% complete as of July, according to a source with knowledge of the matter.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Northern Vietnam to house $1.5 bln petrochemical complex
Stavian Chemical, a major global polymers distributor with significant presence in Southeast Asia, has struck a deal to develop a $1.5 billion petrochemical facility in Quang Ninh province.
Industries - 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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