Ministry of Industry and Trade (Vietnam)

Fabrice Brégier is appointed Chairman of SCOR’s Board of Directors

Retrieved on: 
Sunday, June 25, 2023

SCOR’s Board of Directors, which met on June 25, 2023, has unanimously decided to appoint Fabrice Brégier non-executive Chairman, with immediate effect.

Key Points: 
  • SCOR’s Board of Directors, which met on June 25, 2023, has unanimously decided to appoint Fabrice Brégier non-executive Chairman, with immediate effect.
  • The Committee, chaired by Adrien Couret, ultimately chose Fabrice Brégier, who has been a SCOR director since 2019 and who, in the Committee’s view, possesses all the qualities necessary to chair the Board.
  • The Board of Directors reached its decision after hearing Adrien Couret’s report and Fabrice Brégier's mission statement.
  • The SCOR directors comment: “The Board of Directors is delighted with the choice of Fabrice Brégier, who has made a significant contribution to the work of the Board and its committees since 2019.

Energy Capital Vietnam Applauds Vietnamese Government for Approval of Power Development Plan VIII (PDP8)

Retrieved on: 
Monday, May 22, 2023

HOUSTON, May 22, 2023 /PRNewswire/ -- Energy Capital Vietnam (ECV), a project development and holding company established as a platform for direct investment into energy and infrastructure within Vietnam, applauds the approval of PDP8 by the Vietnamese government led by Prime Minister Pham Minh Chinh.

Key Points: 
  • HOUSTON, May 22, 2023 /PRNewswire/ -- Energy Capital Vietnam (ECV), a project development and holding company established as a platform for direct investment into energy and infrastructure within Vietnam, applauds the approval of PDP8 by the Vietnamese government led by Prime Minister Pham Minh Chinh.
  • Gas is poised to become Vietnam's primary power source by 2030, supplemented by renewable energy, offering reduced emissions and improved environmental impact over coal.
  • "We are delighted that Prime Minister Chinh has approved PDP8," said David Lewis, Chairman and CEO of Energy Capital Vietnam.
  • "PDP8 is designed to ensure energy security and reliability during a period of rapid economic growth for Vietnam.

Energy Capital Vietnam Applauds Vietnamese Government for Approval of Power PDP8

Retrieved on: 
Monday, May 22, 2023

HOUSTON, May 22, 2023 /PRNewswire/ -- Energy Capital Vietnam (ECV), the project development and holding company established as a platform for direct investment into the energy and infrastructure sectors in Vietnam, applauds the approval of PDP8 by the Vietnamese government led by Prime Minister Pham Minh Chinh.

Key Points: 
  • HOUSTON, May 22, 2023 /PRNewswire/ -- Energy Capital Vietnam (ECV), the project development and holding company established as a platform for direct investment into the energy and infrastructure sectors in Vietnam, applauds the approval of PDP8 by the Vietnamese government led by Prime Minister Pham Minh Chinh.
  • PDP8, developed by the Ministry of Industry and Trade, will more than double Vietnam's power generation capacity to 150 GW by 2030 from the 69 GW in use in 2020.
  • "We are delighted that Prime Minister Chinh has approved PDP8," said David Lewis, Chairman and CEO of Energy Capital Vietnam.
  • "PDP8 is the result of the Vietnamese government's dedication and hard work to ensure energy reliability and energy security as the manufacturing sector continues to grow in the country.

A New Step for Kenitra Site to Support Growth Plans for Middle East and Africa Region

Retrieved on: 
Wednesday, November 9, 2022

This enhanced capacity supports the Companys growth plans for Middle East and Africa region, as it pushes to a production capacity of one million vehicles per year by 2030, while reaching 70% local integration, as outlined in Stellantis Dare Forward 2030 strategic plan.

Key Points: 
  • This enhanced capacity supports the Companys growth plans for Middle East and Africa region, as it pushes to a production capacity of one million vehicles per year by 2030, while reaching 70% local integration, as outlined in Stellantis Dare Forward 2030 strategic plan.
  • Together, we have succeeded in positioning Kenitra as a leading Stellantis industrial site and in converting it into a key contributor of our bold ambition in the Middle East and Africa region, leveraging the potential of the newly launched smart car platform that will be core to our vehicle offerings in the region by 2030.
  • The smart car platform is intended to further support Stellantis product offerings and will represent 40% of the regions mobility offerings by 2030.
  • At Stellantis, we commit to offer our Middle East and Africa customers clean, safe and affordable mobility.

STAVIAN QUANG YEN PETROCHEMICAL PLANT TAPS INTO TECHNOLOGY FROM HONEYWELL UOP AND BASELL POLIOLEFINE ITALIA

Retrieved on: 
Wednesday, November 2, 2022

HA LONG, Vietnam, Nov. 2, 2022 /PRNewswire/ --Stavian Quang Yen Petrochemical Plant announced choosing technology licenses from Honeywell UOP (USA) and Basell Poliolefine Italia (Italy) for its Polypropylene production.

Key Points: 
  • HA LONG, Vietnam, Nov. 2, 2022 /PRNewswire/ --Stavian Quang Yen Petrochemical Plant announced choosing technology licenses from Honeywell UOP (USA) and Basell Poliolefine Italia (Italy) for its Polypropylene production.
  • On the morning of November 1, 2022, the Technology License Agreement Signing Ceremony for the Stavian Quang Yen Petrochemical Plant project took place in Ha Long city, Quang Ninh province.
  • The project investors have selected technology licenses from Honeywell UOP and Basell Poliolefine Italia, two of the world's leading advanced technologies, for its Polypropylene manufacturing.
  • Stavian Quang Yen Petrochemical Plant is built on an area of 30 hectares in Bac Tien Phong Industrial Zone at Tien Phong commune, Quang Yen town, Quang Ninh province.

STAVIAN QUANG YEN PETROCHEMICAL PLANT TAPS INTO TECHNOLOGY FROM HONEYWELL UOP AND BASELL POLIOLEFINE ITALIA

Retrieved on: 
Wednesday, November 2, 2022

HA LONG, Vietnam, Nov. 2, 2022 /PRNewswire/ --Stavian Quang Yen Petrochemical Plant announced choosing technology licenses from Honeywell UOP (USA) and Basell Poliolefine Italia (Italy) for its Polypropylene production.

Key Points: 
  • HA LONG, Vietnam, Nov. 2, 2022 /PRNewswire/ --Stavian Quang Yen Petrochemical Plant announced choosing technology licenses from Honeywell UOP (USA) and Basell Poliolefine Italia (Italy) for its Polypropylene production.
  • On the morning of November 1, 2022, the Technology License Agreement Signing Ceremony for the Stavian Quang Yen Petrochemical Plant project took place in Ha Long city, Quang Ninh province.
  • The project investors have selected technology licenses from Honeywell UOP and Basell Poliolefine Italia, two of the world's leading advanced technologies, for its Polypropylene manufacturing.
  • Stavian Quang Yen Petrochemical Plant is built on an area of 30 hectares in Bac Tien Phong Industrial Zone at Tien Phong commune, Quang Yen town, Quang Ninh province.

China and its Southeast Asian neighbors need to enhance industrial cooperation

Retrieved on: 
Sunday, October 9, 2022

Viet Nam's rising status in the global supply chain has sparked discussion of the possibility that it will take away orders from China.

Key Points: 
  • Viet Nam's rising status in the global supply chain has sparked discussion of the possibility that it will take away orders from China.
  • "It is a natural process of industrial upgrading for China," Wang told Beijing Review, adding that the development of near neighbors will facilitate mutual prosperity.
  • "Economic development has raised the cost of labor-intensive businesses in China so companies have turned their eyes to Southeast Asian countries with cheaper workforces."
  • "Southeast Asian countries are unlikely to replace China as a destination for foreign investment," Wang said, citing statistics released by Viet Nam's Ministry of Planning and Investment.

Vietnam Electricity Industry Report 2022: Demand is Expected to Grow by 10% to 12% Per Year Over the Next Decade - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 15, 2022

Vietnam's annual electricity demand is expected to grow by 10% to 12% per year over the next decade, making it one of the fastest growing countries in Asia in terms of electricity consumption.

Key Points: 
  • Vietnam's annual electricity demand is expected to grow by 10% to 12% per year over the next decade, making it one of the fastest growing countries in Asia in terms of electricity consumption.
  • According to IEV's March 2021 report, the total installed capacity of Vietnam's power system will be about 56 GW by 2020.
  • The total number of operating power plants in Vietnam is about 162 (excluding small hydropower plants and renewable energy).
  • Which segment of the Vietnam power industry market is expected to dominate the market in 2031?

Delta Offshore Energy Americas Subsidiary Receives USTDA Grant to Enable Green Projects in Vietnam

Retrieved on: 
Friday, May 20, 2022

The United States Trade and Development Agency (USTDA) has awarded a grant to DOE Americas LLC via its affiliate, Mekong Clean Energy Infrastructure Co., Ltd. (MCEI) in Vietnam.

Key Points: 
  • The United States Trade and Development Agency (USTDA) has awarded a grant to DOE Americas LLC via its affiliate, Mekong Clean Energy Infrastructure Co., Ltd. (MCEI) in Vietnam.
  • The grant provides endorsement by the U.S. government to provide affordable and reliable clean energy to the country and people of Vietnam, said Ian Nguyen, Managing Director, Delta Offshore Energy.
  • Black & Veatch Management Consulting LLC (Black & Veatch) was represented by its vice president and senior managing director, Deepa Poduval, and Delta Offshore Energy Americas LLC was represented by managing director Bobby Quintos.
  • The USTDA grant also supports very good American jobs at home and levels the playing field for U.S. companies to compete abroad, Delta Offshore Energy Americas, LLCs Quintos said.

Angimex Signs Billion-Dollar Rice Export Contract with the Republic of Sierra Leone

Retrieved on: 
Friday, March 18, 2022

According to the content of the MOU between the two parties, Angimex will export 3million tons of rice to Sierra Leone under a three-year rice export contract.This kind of international rice export contract exerts a substantial influence, helping Angimex access new markets and customer groups in the future.

Key Points: 
  • According to the content of the MOU between the two parties, Angimex will export 3million tons of rice to Sierra Leone under a three-year rice export contract.This kind of international rice export contract exerts a substantial influence, helping Angimex access new markets and customer groups in the future.
  • With the "endorsement" of the President of the Republic of Sierra Leone, Angimex has high expectations for this 3-year contract as the foundation for upcoming larger purchases from West Africa since Angimex has already proved its scale and potential with neighboring countries of the Republic of Sierra Leone.
  • This boasts a comprehensive cooperation not only between Angimex and the presidential delegation of the Republic of Sierra Leone, but also between Vietnam and Sierra Leone.
  • Withinthe scope of cooperation, Angimex will transfer the sample rice field to the enterprises of the Republic of Sierra Leone.