Six dead as boiler explodes at southern Vietnam wood factory

By Lan Do
Wed, May 1, 2024 | 2:55 pm GMT+7

Six persons including a Chinese national died and five others were injured after a boiler exploded Wednesday morning at a wooden products factory in Vinh Cuu district, Dong Nai province.

The factory, owned by Binh Minh Wood Production and Trading Company Limited, suffered extensive damage with one part collapsing completely following the huge explosion at 8:30 a.m, local media reported.

The explosion occurred after workers had been in the furnace for about three minutes to repair it, a relative of one of the people killed was quoted as saying.

Six people died and five others were injured in a boiler explosion at the factory operated by Binh Minh Wood Production and Trading Company Limited in Vinh Cuu district, Dong Nai province, southern Vietnam, May 1, 2024. Photo courtesy of the government's news portal.

Six people died and five others were injured in a boiler explosion at the factory operated by Binh Minh Wood Production and Trading Company Limited in Vinh Cuu district, Dong Nai province, southern Vietnam, May 1, 2024. Photo courtesy of the government's news portal.

According to initial reports that cited a local official, approximately 30 personnel were working in the area when the boiler exploded.

Vinh Cuu police said six people aged 32 to 39 were killed in the explosion, including a Chinese national.

Binh Minh Wood Production and Trading Company Limited has been in business for more than 10 years. According to business registration records, it was formerly a Vietnamese private enterprise. In 2017, it turned into a foreign-invested company, with its director being a Chinese national.

Comments (0)
  • Read More
Fitch rates Vietnam’s realty heavyweight Vinhomes as 'BB-'

Fitch rates Vietnam’s realty heavyweight Vinhomes as 'BB-'

Fitch Ratings has announced the long-term issuer default rating (IDR) of Vinhomes, a leading real estate developer in Vietnam and the housing development arm of conglomerate Vingroup, at “BB-“.

Real Estate - Wed, January 8, 2025 | 10:10 am GMT+7

Nearly $83 bln injected into Vietnam’s economy in 2024: central bank

Nearly $83 bln injected into Vietnam’s economy in 2024: central bank

Vietnam's credit growth reached 15.08% in 2024, with more than VND2,100 trillion ($82.77 billion) pumped into the economy, says Dao Minh Tu, Deputy Governor of the State Bank of Vietnam (SBV).

Banking - Wed, January 8, 2025 | 8:34 am GMT+7

Tax consultant Deloitte Vietnam fined for tax violations

Tax consultant Deloitte Vietnam fined for tax violations

Deloitte Vietnam Tax Co. Ltd has been retroactively taxed and fined for tax violations by the Hanoi Tax Department.

Companies - Tue, January 7, 2025 | 11:10 pm GMT+7

Indonesia eyes 7.1% export growth in 2025

Indonesia eyes 7.1% export growth in 2025

Indonesia targets nearly $294.5 billion in exports this year to push the country’s economy towards a growth target of 8% set by President Prabowo Subianto.

Southeast Asia - Tue, January 7, 2025 | 9:50 pm GMT+7

Thailand prepares for global financial market uncertainty

Thailand prepares for global financial market uncertainty

Thailand's central bank (BoT) has pledged to maintain a strong monetary policy framework amid rising global uncertainty, particularly as new policies are expected to be introduced in the US.

Southeast Asia - Tue, January 7, 2025 | 9:43 pm GMT+7

Indonesia joins BRICS as full member

Indonesia joins BRICS as full member

Indonesia is formally joining BRICS as a full member, further expanding the group of major emerging economies, including Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the UAE, Brazil's government stated on Monday.

Southeast Asia - Tue, January 7, 2025 | 9:34 pm GMT+7

Malaysia, Singapore set up special economic zone

Malaysia, Singapore set up special economic zone

Malaysia and Singapore on Tuesday inked an agreement to create a new special economic zone for business and investment.

Southeast Asia - Tue, January 7, 2025 | 9:26 pm GMT+7

2025 a year of monetary policy challenge for Vietnam: experts

2025 a year of monetary policy challenge for Vietnam: experts

The State Bank of Vietnam is expected to confront difficulties in monetary policy management in 2025 as VND devaluation pressure will be strong, say experts.

Banking - Tue, January 7, 2025 | 8:14 pm GMT+7

Vietnam inflation hits 3.63% in 2024, below government target

Vietnam inflation hits 3.63% in 2024, below government target

Vietnam's consumer price index (CPI), an indicator of inflation, rose 3.63% in 2024, below the government's target of 4-4.5%.

Economy - Tue, January 7, 2025 | 5:19 pm GMT+7

Thailand IP developer WHA targets to raise investment in Vietnam to $1 bln

Thailand IP developer WHA targets to raise investment in Vietnam to $1 bln

Thailand’s top industrial park (IP) developer WHA has invested $310 million in Vietnam since 2017 and aims to raise the figure to $1 billion.

Industrial real estate - Tue, January 7, 2025 | 4:23 pm GMT+7

SHS Securities launches new product package with highly attractive margin loan interest rate

SHS Securities launches new product package with highly attractive margin loan interest rate

Saigon-Hanoi Securities JSC (SHS) on Monday launched a new product package called SH69, offering outstanding promotions to new customers and those resuming trading.

Companies - Tue, January 7, 2025 | 3:04 pm GMT+7

Northern Vietnam province urges VSIP to build high-tech park

Northern Vietnam province urges VSIP to build high-tech park

Ha Nam province authorities have called on VSIP, the developer of Vietnam-Singapore Industrial Park (VSIP) facilities, to study and build a high-tech park.

Industrial real estate - Tue, January 7, 2025 | 2:41 pm GMT+7

Vietnam’s 2024 unemployment rate inches down to 2.24%

Vietnam’s 2024 unemployment rate inches down to 2.24%

Vietnam’s unemployment rate was 2.24% in 2024, down 0.04 percentage points from 2023, according to the General Statistics Office (GSO).

Society - Tue, January 7, 2025 | 1:38 pm GMT+7

Vietnam fresh porridge from famous ST25 rice exported to US

Vietnam fresh porridge from famous ST25 rice exported to US

A container of 60,000 packages of AK Food's Cay Thi porridge has been exported to the U.S., which marks the second batch of fresh porridge made from well-known ST25 rice to successfully enter this market.

Companies - Tue, January 7, 2025 | 1:10 pm GMT+7

Vietnam's industrial production grows 8.4% in 2024, highest in 5 years

Vietnam's industrial production grows 8.4% in 2024, highest in 5 years

Vietnam’s index of industrial production (IIP) grew 8.4% year-on-year in 2024, extending the recovery after a similar growth of 8.4% in the first 11 months.

Economy - Tue, January 7, 2025 | 11:48 am GMT+7

Vietnam reaches 2024 foreign tourist goal with record-high December arrivals

Vietnam reaches 2024 foreign tourist goal with record-high December arrivals

Vietnam welcomed 1.75 million foreign tourists in December last year, marking a 27.4% year-on-year increase and the highest monthly of 2024.

Travel - Tue, January 7, 2025 | 10:21 am GMT+7