Tag: Vietnam
Subsea construction work offshore Vietnam
SapuraAcergy Sdn Bhd has announced that it has won a USD 100 million contract for subsea construction work offshore Vietnam. POSCO invest in stainless plant in Vietnam
POSCO will invest in a 200,000tns/yr cold rolled stainless steel plant in Vietnam. Commercial production will be available by February 2012.
EU cuts duty on stainless fasteners
The European Union stopped charging anti dumping duties on stainless steel fasteners and parts imported from Vietnam on 20 November 2010.
BP Venezuelan interests
BP is selling its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for USD 1.8 billion in a cash only deal.
Offshore Vietnam block awarded
Neon Energy has won an exploration block offshore Vietnam in the Song Hong Basin.
Vietnam: ethanol plants
PetroVietnam (PV Oil) and a few other companies plan to develop at least 3 new ethanol production facilities in different parts of Vietnam.
Vietnam: oil refinery
Vietnam is set to start construction of a USD 6 billion oil refinery in the central Thanh Hoa Province, in a bid to become self-sufficient in oil products.
Vietnam: ferrochrome plant
Jindal Stainless Ltd has signed a MoU with the Vietnam government to set up a 0.2 million tonne ferrochrome plant in Vietnam.
SOCOTHERM awarded USD 11 million contract
Socotherm has been awarded an offshore contract in Vietnam for a total value of about USD 11 million through the subsidiary Socotherm Americas S.A.
Increase in import duty
Vietnamese steel firms have requested that the Ministry of Finance increase the import duties on steel, citing the reason that low duties lead to huge steel imports posing a threat against domestic production.
