Search

At the working meeting with the key leaders of Quang Ngai province on Feb 22, President Truong Tan Sang affirmed: Although the crude oil prices in the world continue sharp fall, Vietnam still is determined to upgrade and expand Dung Quat oil refinery Plant in coming time.

In fact, Because the capacity for producing gasoline and oil products is much lower than its consumption demand, Vietnam still has to spend billions of dollars to import petrochemical products for domestic demand and according to the demand forecast, Vietnam will lack a large amount of gasoline and oil products in the future...

Bulgaria’s Prista Oil will co-operate with the state-run PetroVietnam to set up an oil recycling plant to manage and treat used oil in Vietnam.

Ben Tre Provincial People's Committee in coordination with investors organized a ceremony for inaugurating the first phase of Thanh Hai wind power plant No. 5 with a capacity of 30 MW, at Thanh Thoi B hamlet, Thanh Hai commune, Thanh Phu district, Ben Tre province. The State President Nguyen Xuan Phuc attended and performed the inauguration ceremony.

The Prime Minister has just approved a list of the stage 3 power transmission grid projects, invested by loan from Asian Development Bank (ADB) and the German Reconstruction Credit Institute (KFW).

On December 5, Vietnam Citibank successfully arranged an US$ 245 million long-term (13 years)  export credit for National Power Transmission Corporation (EVNNPT). The credit is guaranteed by the Vietnamese Ministry of Finance and insured by the Japanese Export Credit and Investment  Insurance Agency (NEXI). This is a second credit  insured by NEXI for EVN NPT in Vietnam.