As the bidder, PetroVietnam Technical Service JS Corp (PTSC) started construction Hai Thach-Moc Tinh developing project invested by Bien Dong POC on July 15 in 2010 in Ha Luu Port, Vung Tau City.
PTSC was responsible for buying, transporting, fitting the whole project, manufacturing, trial running, launching for superstructure of Hai Thach No1 first oil well [...]
July 19, 2010 | Posted in
Mining & Metal |
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Nui Beo Coal Joint Stock Co (coded NBC) announced to reach over 1.029 trillion dong of accumulative revenue in the first six months of 2010, fulfilling 52 percent of the year plan.
The average clean coal price in the first half of 2010 was estimated at 407,650 dong per tonne, while the June coal price of [...]
July 14, 2010 | Posted in
Mining & Metal,
Stock |
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Vietnam consumed 21.6 million tons of coal in the first half of this year, the Ministry of Industry and Trade said.
During the six-month period, the country produced 22 million tons of coal, a rise of 5.4% from a year earlier, and had 5.3 million tons in stock.
The state-owned Vietnam National Coal-Mineral Industries Group (Vinacomin), the [...]
July 11, 2010 | Posted in
Mining & Metal |
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The Natural Resources Joint Stock Co (coded TNT) announced that the company was finishing the investment procedures to start mining works in a 30-hectare Bazan stone mine in Hoa Binh province in late 2010.
Nguyen Gia Long, chair of management board cum general director with other company’s experts lately visited and conducted surveying works in some [...]
July 5, 2010 | Posted in
Mining & Metal |
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Australia’s Environmental Clean Technologies (ETC) has signed a multi-million dollar trade and investment deal with Viet Nam’s Thang Long Investment and Commercial Joint Stock Company (TinCom) to export processed brown coal to Viet Nam.
According to the Melbourne-based technology company, the deal enables ECT and TinCom, through their joint venture company Victoria Coldry Pty Ltd (VCPL), [...]
June 29, 2010 | Posted in
Mining & Metal |
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Nui Phao Mining Company has pledged to complete a land clearance project by the end of the year for Nui Phao Vica, one of the country’s largest mining projects in Thai Nguyen Province.
Officials from the province had announced earlier that the US$510 million project would restart later this month, after a two-year delay. The project [...]
June 23, 2010 | Posted in
Mining & Metal |
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The Viet Nam National Coal and Mineral Industries Group (Vinacomin) churned out 25.8 million tonnes of unprocessed coal in the first half of this year, up 15 per cent on last year’s figure.
The group also reported sales of 21.7 million tonnes of processed coal, an increase of 1 per cent against the same period last [...]
June 18, 2010 | Posted in
Mining & Metal |
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The Vietnamese Ministry of Finance’s Price Management Department has once again proposed no further coal and electricity price hikes through end-2010 to curb possibly high CPI and stabilize local market.
The department also said petroleum traders could raise the domestic prices upon the price rises in the world market after June but must slacken increases.
Earlier, the [...]
June 10, 2010 | Posted in
Energy,
Mining & Metal |
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Northern Lao Cai Province has decided to suspend the operation of Na Ni Sa Co Ltd for illegally exploiting minerals.
The company was also fined VND45 million ($2,385) and had VND956 million ($50,668) from selling minerals confiscated. The firm has been told to repair damage it has caused to the environment. —VNS
June 10, 2010 | Posted in
Mining & Metal |
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At the World Economic Forum (WEF) on East Asia 2010 that successfully wrapped up in HCM City on June 7, 2010, the concepts of green growth, green business have been mostly repeated.
Frederick Neumann, head of Asian Economic Research for HSBC Hong Kong said the most important issue that a developing country like Vietnam has to [...]
June 9, 2010 | Posted in
Mining & Metal |
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