Khanh Hoa province, on the south-central coast, has recently been leading the way in attaining attraction from both domestic and foreign financiers when it comes to the gas and electricity sector. Among the suitors is one from the United States, proposing the Millennium gas power project with a forecast capacity of 14,400MW and 17 million tonnes of storage for liquefied natural gas (LNG) per year. Joining in are Embark United Co., Ltd. and US Quantum Corporation to establish a 6,000MW gas power venture and a port warehouse to receive and process six million tonnes of LNG per year. Japanese investors did also not ignore the opportunity to develop gas power projects in Khanh Hoa, as Sumitomo Corporation proposed to invest in a 3,000MW gas power scheme and a storage system for three million tonnes of LNG per year, while J-Power Co., Ltd. wants to invest in a gas turbine power project with a capacity of 3,000MW. Despite a slightly slower approach, the province is also seeing the … [Read more...] about Full steam ahead for LNG capacities to omit other fossil fuels?
Market demand schedule
Scheduled to begin at the upcoming Southern Liberation and National Reunification holiday (April 30), the programme will seek to create new distinctive tourism products so as to enhance the experience of tourists to the city. The programme is the realisation of the city’s plan to develop its night-time economy and will be piloted from 2021 to 2023. Da Nang by Night targets foreign tourists from key markets such as China, the Republic of Korea and Southeast Asia, as well as those from potential markets such as Russia, Australia and the US when the Covid-19 pandemic is brought under control and international routes are permitted to resume. It will also aim to attract domestic tourists from places with direct flights to Da Nang, such as Hanoi, Ho Chi Minh City, Can Tho, the Central Highlands and neighbouring provinces. The programme will include lighting shows, night-time tourism and service activities at selected places of interest, the night beach of My An, and cultural events … [Read more...] about Da Nang by Night expected to revive tourism in central city
Vietnamese and Japanese firms receive support to expand operations The Japan Trade Promotion Organisation (JETRO) will host an online scheme on March 3 in Hanoi aimed at connecting Japanese businesses in the field of manufacturing and production, known as Monozukuri in Japanese term to facilitate co-operation amid the negative impacts caused the COVID-19 pandemic. According to a representative from the JETRO, the business matching programme will see the participation of 40 Japanese companies for the purpose of accelerating the development of the country’s supporting industry. At present, the scheme has received registration for 50 negotiations from enterprises from Japan, Vietnam, and Taiwan (China), whilst it is still receiving registration from businesses wishing to purchase and seek Japanese suppliers in the Monozukuri field until March 1. A recent survey conducted by the JETRO unveiled that Japanese businesses remain keen on the Vietnamese market as the … [Read more...] about VIETNAM BUSINESS NEWS MARCH 5
Many elderly people join 2nd stage of Nano Covax vaccine trials A total of 367 volunteers, including 30 aged over 60, have been injected with Nano Covax, Vietnam’s first homegrown COVID-19 vaccine candidate, in the second phase of its human trials, according to the Military Medical University. The second stage has been conducted by the university and the Ho Chi Minh City-based Pasteur Institute since February 26. It has been carried out at the university in Hanoi and the medical centre of Ben Luc district in the southern province of Long An, with the participation of 560 volunteers aged from 12-75, including 80 aged over 60. They will receive two doses of either the vaccine or the placebo AIPO4, with an interval of 28 days. Each volunteer will be monitored for 12 months after the first dose. Volunteers receiving shots on the morning of February 26 will receive the second doses in late March. Lieutenant-General Do Quyet, Director of the Military Medical University, said since … [Read more...] about VIETNAM NEWS HEADLINES MARCH 5 (updated hourly)