Billion dollar project

According to Tai Nguyen & Moi Truong, in late June, the Quang Ngai provincial agriculture department released a report on the investment procedures of the Tra Khuc River downstream dam, warning of the lack of technical solutions to the system of collecting, treating and draining waste water for the central area of Quang Ngai City and neighboring areas, and the lack of an environmental impact assessment (EIA). … [Read more...] about Quang Ngai: huge dam project at risk of drifting into sea

Hanoi (VNA) – The Indonesian government offers 10 oil and gas working areas in 2020, through direct offers and regular auctions. Speaking at a recent virtual press conference, acting director general at the Energy and Mineral Resources (EMR) Ministry Ego Syahrial said the 10 oil and gas working areas spread across Kalimantan, Java and Papua Island. In detail, five direct offering are Merangin III (onshore), Sekayu (onshore), North Kangean (offshore), Cendrawasih VIII (offshore), Mamberamo (onshore and offshore) with potential 1,203.69 million barrels of oil (MMBO) and 586.9 billion cubic feet (Bcf). The five remaining projects are offered through regular auctions, including West Palmerah (onshore), Wangkas (offshore), Liman (onshore), Bose (onshore and offshore), and Maratua (onshore and offshore) with potential 2,232.75 MMBO and 4,420 Bcf. He stated that EMR will continue efforts to keep investment and business activity in oil and gas remain … [Read more...] about Indonesia offers 10 oil and gas projects in 2020

Vietnam Airlines plans to sell nine planes due to financial woes Vietnam Airlines is planning to sell nine A321CEO planes to optimize its fleet and improve its cash flow, as the national flag carrier’s revenue has dropped sharply due to the Covid-19 pandemic.   … [Read more...] about Vietnam Airlines projects loss of over US$650 million this year

The allure of precious metals highlights the market volatility, in which stocks, bonds, and other instruments swing wildly as investors weigh up the latest crisis developments. Investors are maintaining bets on gold and silver as geopolitical uncertainty lingers. Another concern is that printing and spending large amounts of money will devalue global currencies, another trend driving bullish wagers on gold. … [Read more...] about Gold price surge here for long haul

Before, according to the Law of Public Investment released in 2014, the Prime Minister will decide the investment policies for projects of the group A but presently, the city People’s Council will decide it according to the government’s resolution 54 and the Law of Public Investment issued in 2019 to help reduce time for assessment and related paperwork. … [Read more...] about HCMC beefs up public investment disbursement