Vinacomin forms chemicals unit
The Viet Nam National Coal and Minierals Industry (Vinacom) announced the establishment of the Vinacomin Mining Chemical Industry Ltd Co on Thursday.
It will operate as a subsidiary of the parent company and will offer self-contained research, production and transportation services. It plans to break ground on an ammonium nitrate factory, valued at US$240 million, in Vung Tau city.