What's new

Vietnam Economy Forum

. .
France grants aid to Hanoi metro route

netro-route.jpg.ashx


  • Updated : 2/28/2014 6:41:15 PM
  • Voice of Vietnam

(VOV) - The French Development Agency (AFD) has committed a EUR110.5 million aid package, including EUR0.5 million in non-refundable aid, to Hanoi’s metro line project.

The route, running from the Hanoi Railways Station to Nhon, has 12.5km in length, with 8.5km overground and 4km underground, and is scheduled to be put into operation by 2018.



HCM City to open first metro line in early 2018
February 26, 2014 by vietnamplus


Model of Ben Thanh-Suoi Tien metro line (Photo: VNA)

Chairman of the municipal People’s Committee Le Hoang Quan urged the city’s Urban Railway Management Board and stakeholders to fulfil the target at a February 25 working session with visiting Japan International Cooperation Agency President Tanaka Akihiko.

The 19.7km Ben Thanh-Suoi Tien line will run through districts 1, 2, 9, Binh Thanh and Thu Duc in HCM City and parts of Di An district in neighbouring Binh Duong province.

Of the total length, 2.6km will run underground with threestations. The remaining sections and another 11 stations will be constructed aboveground.
 
Last edited:
.
Vietnam plans to operate ten nuclear power plants by 2030

Thursday, February 13, 2014 17:00
Thanh Nien


dien-hat-nhan_mqcp.jpg.ashx

The Da Lat nuclear reactor, where students majoring in nuclear technology at Da Lat University will practice with nuclear power technology

Vietnam expects to finish building and start operating more than ten nuclear power engines with a total capacity of around 15,000 – 16,000 megawatts per year by 2030, the Department of Thermal and Nuclear Power has announced.

Le Van Luc, head of the department under the Ministry of Industry and Trade, said the capacity produced by the ten plants will account for around 10 percent of the total capacity of the country’s power system.

Those plants are set to be built in the central provinces of Ninh Thuan, Binh Dinh, Phu Yen, Quang Ngai and Ha Tinh.

The government is now working on three issues for developing nuclear power: regulatory documents on nuclear power, programs for training and developing human resources for nuclear power projects, and preparation for the process of investing and building nuclear power plants, according to Luc.

He said human resources was the primary factor.

In the meantime, some local universities have cooperated with foreign partners in Japan, Russia, France and South Korea on nuclear technology training for Vietnam, he said.

Nguyen Nhi Dien, deputy head of the Vietnam Nuclear Energy Institute and head of the Da Lat Nuclear Research Institute, said the mission of training human resources for nuclear power at Vietnamese universities has been facing many difficulties due to the lack of both laboratories for practical experience and teachers.

“Yet in the coming time, we hope that our process of developing the human resources for nuclear power of Vietnam will get better thanks to the enhancement in technology and equipment as well as the cooperation with foreign partners,” Dien said.

He added that hundreds of students have been sent to study nuclear power abroad by the Ministry of Training and Education and the country’s power utility Electricity of Vietnam (EVN).

Previously, the Vietnam Energy Association said Vietnam would not suffer from power shortages due to the delay in construction of its first nuclear power plant until 2020 since around 10 new thermal power plants would be built by then.

Prime Minister Nguyen Tan Dung announced early this year that country’s first nuclear power projects, Ninh Thuan 1 and 2, to be built in the central province of the same name, would be postponed because Vietnam was not yet ready.

The original plan was to finish site clearance and the selection of contractors and experts for Ninh Thuan 1 by 2015 with building to be completed by 2020. The plant is expected to go on stream with an annual capacity of around 1,000 MW.

The ten thermal power plants include Long Phu 1 and 2, Duyen Hai 1, 2, and 3, and Vinh Tan 2 and 4, which would add a total capacity of nearly 10,000 megawatts.
 
.
09:50 | 04/03/2014 Vietnam Investment Review
US oil giant Exxon eyes $20 billion development
The US-based multinational oil and gas company ExxonMobil is eyeing a giant $20 billion gas development project in central Vietnam.

xm.jpg


Greg Smith, president and country manager of ExxonMobil Vietnam, last week unveiled project ideas in a meeting between Vietnamese authorities and a US-ASEAN Business Council delegation in Hanoi.

Smith said in the last couple of years ExxonMobil had made a very significant discovery of natural gas off the coast of central Vietnam and the US firm was looking to monetise it through generating electricity.

“It’s likely to be a two phase development and the total costs could be well in excess of $20 billion,” said Smith.

“In the next few weeks we expect to submit through PetroVietnam, through the Ministry of Industry and Trade, a number of preliminary work documents on the resource that we have discovered, the proposed concept we wish to develop, a possible project schedule, some work on site selection,” he said.

Smith added that ExxonMobil was looking to engage the government, the Ministry of Industry and Trade, and the Ministry of Planning and Investment on documents and sought some encouragement to move forward.

Last year, the People’s Committee of central Quang Ngai province, revealed that ExxonMobil co-operated with PetroVietnam to study potential locations for building a thermal power and gas treatment complex in central Vietnam, including the Dung Quat Economic Zone, where PetroVietnam owns and runs an oil refinery plant.

ExxonMobil has a long history in Vietnam that goes back to the early 1900’s when it marketed kerosene and lubricants in Indochina. The firm’s main presence in Vietnam today is focussing on conducting exploration activities immediately offshore of the Danang area along central Vietnam, and also offshore southern Vietnam. The exploration activities include acquiring seismic data and drilling exploratory wells.

In the past, the US company also run a lubricants and specialties subsidiary in Vietnam. But ExxonMobil sold this subsidiary to Total in 2009.

By Ngoc Linh
 
.
Vietnam plans to operate ten nuclear power plants by 2030

Thursday, February 13, 2014 17:00
Thanh Nien


dien-hat-nhan_mqcp.jpg.ashx

The Da Lat nuclear reactor, where students majoring in nuclear technology at Da Lat University will practice with nuclear power technology

Vietnam expects to finish building and start operating more than ten nuclear power engines with a total capacity of around 15,000 – 16,000 megawatts per year by 2030, the Department of Thermal and Nuclear Power has announced.

Le Van Luc, head of the department under the Ministry of Industry and Trade, said the capacity produced by the ten plants will account for around 10 percent of the total capacity of the country’s power system.

Those plants are set to be built in the central provinces of Ninh Thuan, Binh Dinh, Phu Yen, Quang Ngai and Ha Tinh.

The government is now working on three issues for developing nuclear power: regulatory documents on nuclear power, programs for training and developing human resources for nuclear power projects, and preparation for the process of investing and building nuclear power plants, according to Luc.

He said human resources was the primary factor.

In the meantime, some local universities have cooperated with foreign partners in Japan, Russia, France and South Korea on nuclear technology training for Vietnam, he said.

Nguyen Nhi Dien, deputy head of the Vietnam Nuclear Energy Institute and head of the Da Lat Nuclear Research Institute, said the mission of training human resources for nuclear power at Vietnamese universities has been facing many difficulties due to the lack of both laboratories for practical experience and teachers.

“Yet in the coming time, we hope that our process of developing the human resources for nuclear power of Vietnam will get better thanks to the enhancement in technology and equipment as well as the cooperation with foreign partners,” Dien said.

He added that hundreds of students have been sent to study nuclear power abroad by the Ministry of Training and Education and the country’s power utility Electricity of Vietnam (EVN).

Previously, the Vietnam Energy Association said Vietnam would not suffer from power shortages due to the delay in construction of its first nuclear power plant until 2020 since around 10 new thermal power plants would be built by then.

Prime Minister Nguyen Tan Dung announced early this year that country’s first nuclear power projects, Ninh Thuan 1 and 2, to be built in the central province of the same name, would be postponed because Vietnam was not yet ready.

The original plan was to finish site clearance and the selection of contractors and experts for Ninh Thuan 1 by 2015 with building to be completed by 2020. The plant is expected to go on stream with an annual capacity of around 1,000 MW.

The ten thermal power plants include Long Phu 1 and 2, Duyen Hai 1, 2, and 3, and Vinh Tan 2 and 4, which would add a total capacity of nearly 10,000 megawatts.

Nuclear technology is getting old. What we really need is nuclear fusion which is under-construction in France. Much safer and reliable than nuclear fission.

mastering crazy difficult hanji is a nightmare. I wonder who invented the characters?

I guess with Chinese economy rising and more Chinese visiting Vietnam, Mandarin will become more popular in Vietnam over the time. $14b new casinos and resorts are waiting for peaceful tourists from China. :-) a little bit oversized, I believe.

More casinos and resorts only bring more Vietnamese prostitution. Already, Vietnamese girls are selling themselves to foreigners because of poverty. This is not good at all.
 
Last edited:
.
MGM in Vung Tau. Looks like the tables are emptied. We just con MGM into investing $4 billion :p:
23231_2_1377216978_9572Ho_Tram_Casino.jpg
 
.
Nuclear technology is getting old. What we really need is nuclear fusion which is under-construction in France. Much safer and reliable than nuclear fission.
do you know any country running nuclear fusion reactor for power generation? Do you believe France will transfer technology to Vietnam. Do you know about the cost?
More casinos and resorts only bring more Vietnamese prostitution. Already, Vietnamese girls are selling themselves to foreigners because of poverty. This is not good at all.
don´t talk nonsense
 
. .
do you know any country running nuclear fusion reactor for power generation? Do you believe France will transfer technology to Vietnam. Do you know about the cost?

don´t talk nonsense

The technology is already there. You just need to dig into it and do your own research. It does work, otherwise, they wouldn't even build it.
 
. .
VN leader in Japan on state visit
Vietnamese President Truong Tan Sang and his wife is in Tokyo on state visit at the invitation of Emperor Akihito and Empress Michiko.
Sang and his entourage were warmly welcomed by members of the Japanese House of Representatives, Deputy Foreign Minister Hirotaka Ishihara and Vietnamese Ambassador to Japan Doan Xuan Hung, among others.

Yesterday, the leader met with the governor of Ibaraki prefecture and visited several agricultural research, machinery manufacturing and flower processing facilities in the locality.

Sang's first state-level visit to Japan will last until tomorrow. He and Japanese Prime Minister Shinzo Abe plan to discuss ways to expand co-operation in economics, politics, security, agriculture and culture, lifting bilateral ties to new heights.

Minister-Counsellor of the Japanese Embassy Hideo Suzuki described Sang's visit as an important political event as both the region and world change rapidly.

Vietnam and Japan have seen their relationship develop significantly in recent years. Japan was the first country in the Group of Seven to welcome the Vietnamese Party general-secretary to Japan in 1995, establish a strategic partnership with Vietnam in 2009 and recognise Vietnam's market economy in 2011.

Japan remains the leading ODA donor to Vietnam. The East Asian country provided ?2.1 trillion (Bt676.5 billion) in ODA from 1992 to 2012 and US$1.55 billion (Bt50 billion) in 2013 alone.

Last year, the country was Vietnam's fourth-largest trade partner, with two-way trade hitting $25.16 billion, of which Vietnam earned $13.5 billion from selling mainly seafood, crude oil, garments and coal.

Japan was Vietnam's leading investor, with capital totalling $5.7 billion in 2013. As of last December, it had 2,166 valid FDI projects in Vietnam with total registered capital of $34.7 billion. The two countries have also worked together in the fields of culture, sports, tourism, education and science and technology.
 
.
I just found this online, what do you guys think of it? Real? Fishy?

1597154_10152283291218442_98371713_o.jpg
 
.
I just found this online, what do you guys think of it? Real? Fishy?

1597154_10152283291218442_98371713_o.jpg
Yeah, low education is the problem for all VNese including the leaders. Thats why our inflation rate is still high, hope the great help from Japan will improve our knowledge and the next generation will handle the country better than now.
 
.
Yeah, low education is the problem for all VNese including the leaders. Thats why our inflation rate is still high, hope the great help from Japan will improve our knowledge and the next generation will handle the country better than now.

Especially the Vietnamese leaders. They are uneducated to a level of a high school student.
Niceguy should run for president!
 
.

Country Latest Posts

Back
Top Bottom