Korean Samsung Heavy Industry Company has been approved to buy 50% shares of a subsidiary of Vinashin Shipbuilding Corporation in Cam Ranh port. They are also considering for the purchase of Ha Long Shipbuilding Company’s shares. Samsung is one of the most successful shipbuilding companies in Korea. It is not the first Korean company pouring … Read more
As reported by The Voice of Russia, Rosneft is going to supply six million tons of oil to Dung Quat oil refinery per year until 2039 – announced by Rosneft Russian. The agreement is signed by and between Rosneft and PetrovVietnam Oil Corporation at the St Petersburg International Economic Forum on Saturday 24th May, 2014. … Read more
Petroleos de Venezuela SA has agreed with state-run Vietnam Oil and Gas Group , or PetroVietnam , to join a project to upgrade the country’s sole refinery and to work together in selling refined oil products in the Asian market, the Vietnam News Agency reported Friday. The PetroVietnam – PDVSA refinery agreement is in line … Read more
Spend 15 million USD to build accommodation for workers Samsung Electronics Vietnam Co., Ltd (SEV) will spend 15 million USD to build dormitories for workers in Yen Phong Industrial Zone (Bac Ninh), a movement to prepare for the increase in production scale after SEV has been granted permission to increase capital investment to 1.5 billion … Read more
French to invest in Vietnam seaports Five well known companies including Bollore Group, Egis International, Freyssinet, Vinci Construction Grands Projects and WFS are eyeing Vietnam seaports for investment. Sharing the investment experiences in Vietnam, a number of representatives from many businesses said that the important thing to do is take the time to learn about … Read more