If Vietnam continues to export rice with the same pace as it did in the first two months of 2020, the country may face a shortage of essential food.
Duc Giang Chemical Group JSC, the producer of Duc Giang washing powder, plans to develop the Duc Giang-Nghi Son chemical complex in Tinh Gia district, Thanh Hoa province with the total investment capital of VND12 trillion ($521.74 million).
The coronavirus pandemic could cost Vietnam’s textile industry VND11 trillion ($473 million) in revenue, with millions losing their jobs.
The Blue Circle and its partner AC Energy, the power generation arm of Philippine conglomerate Ayala Corporation, have signed Asia’s first Notice to Proceed with General Electric Renewable Energy (GE Renewable Energy) for its new Cypress platform wind turbines.
While the supply of raw materials from China is recovering after a month of suspension, textile and garment businesses find that they have moved out of the frying pan into the fire as the COVID-19 pandemic rolling over the globe has forced the cancellation of all orders from the European Union and the United States.
The General Department of State Reserves (GDSR) affirmed on Thursday that national food reserves are sufficient to cater for emergency situations.
The Ministry of Industry and Trade (MoIT) told local business to be more cautious in trading with US partners as some Vietnamese firms reported being cheated in the US.
This is an important milestone affirming Vietsovpetro’s brand in providing offshore marine services in the domestic and international markets.
A shipment of 15 modules of locally-made equipment has been sent to the United Arab Emirates (UAE) for installation at the Ruwais Refinery in Abu Dhabi, the Korean manufacturing firm Doosan Heavy Industries Viet Nam (Doosan Vina) said.
Trung Nam Group, the investor, said construction of the solar farm would start in the second quarter of this year and be completed in the fourth quarter.