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nghi son oil refinery
Oil giants race to invest in Vietnam

23:37 09/10/2014

Although Vietnam initially decided to build only three oil refineries, two are about to be built and others are under construction, while several more are awaiting licenses.

Work begins on huge FDI projects

10:33 29/06/2014

Along with projects worth billions of US dollars, such as the Nghi Son, Long Son and Vung Ro oil refineries, work on a series of other large-scale projects for LG and Samsung has begun.

Billion-dollar projects set to break ground

15:15 11/06/2014

Vung Ro oil refinery project, with nearly US$3.2 billion investment from the UK's Technostar Management Ltd, is expected to begin in August, according to People's Committee of the central coastal Phu Yen Province.

Too much preferential treatment to foreign firms, official says

07:56 14/05/2014

Vietnam should give more incentives to domestic firms, as the current preferential policies toward FDI firms may hinder the nation's development and result in dependance, one official said.

FDI businesses receive Gold Dragon Awards

12:39 16/03/2014

Seventy-eight foreign direct investment (FDI) businesses have been presented with Gold Dragon Awards and a hundred domestic enterprises have won the title of strong trademarks.

Four oil refineries due to enter operation by 2030

13:38 10/03/2014

Vietnam aims to have four oil refineries fully operational by 2030 capable of processing 16-20 million tonnes of crude oil per annum by 2020.

Kuwait eyes US$1 billion trade with Vietnam

10:46 26/02/2014

Kuwaiti Consul General in Ho Chi Minh City Omar Al-Qenael has voiced his hope that two-way trade between Vietnam and Kuwait will exceed US$1 billion in the next few years.

BUSINESS IN BRIEF 17/1

06:08 17/01/2014

Leather, Footwear, Handbag Industry Generates US$10.3 Billion in 2013Exports of leather, footwear and handbags hit US$10.

Vietnam – an attractive investment destination for foreign investors

11:53 16/01/2014

Vietnam attracted nearly US$22 billion in foreign investment in 2013, the highest figure since 2008, according to statistics from the Ministry of Planning and Investment (MPI)'s Foreign Investment Agency.

Investment climate under reform pressure

18:18 04/01/2014

Despite 2013's economic difficulties, Vietnam attracted more than US$21 billion in registered foreign direct investment (FDI), a 54.

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