Bio Ethanol Dung Quat closed for unpaid debts
(Jul 26, 2016)
The Bio Ethanol Dung Quat Plant was closed for defaulting on the
VND1.3 trillion debt it owed the banks, the State Bank of Viet Nam's
Quang Ngai Province branch said.
Leaders of the southern Dong Nai Province have requested the
Government's permission to use VND1 trillion (US$44.76 million) from the
State Capital Investment Corporation (SCIC) to build two resettlement
The agro, forestry, fisheries export turnover in July was
estimated at US$2.64 billion, lifting the sector's export value in the
first seven months to reach $17.8 billion, up 5.1 per cent year-on-year.
The Government should not adjust the economic growth target of 6.7 per
cent even though it is unlikely to meet it this year, experts said
during a conference in Ha Noi yesterday.
Taiwan's Chin Li Plastic Industrial Co Ltd on July 26 launched the
construction of a factory to make shoe soles in the southern Binh Duong
The agroforestry-fisheries export turnover in July was estimated
at US$2.64 billion, lifting the sector's export value in the first seven
months to reach $17.8 billion, up 5.1 per cent year-on-year.
The United States Department of Agriculture (USDA) may allow the import
of star apples from Viet Nam, Viet Nam's Commercial Counsellor in the
United States Dao Tran Nhan said.
Prime Minister Nguyen Xuan Phuc yesterday presented the Friendship Order
to Victoria Kwakwa, Regional Vice President for East Asia and the
Pacific of the World Bank (WB), who was the former WB Country Director
in Viet Nam.
The Ministry of Trade and Industry (MoIT) is urging local footwear
makers to further invest in support industries instead of depending
excessively on imported raw materials and losing out on profits and
Viet Nam's merger and acquisition (M&A) market is heating up, as the
country deepens its international integration with the establishment of
the ASEAN Economic Community (AEC), the upcoming Trans-Pacific
Partnership (TPP) and new signing of free trade agreements.
The Ministry of Transport divested from several companies following
Government directives, gaining more than VND2 trillion (US$88.9 million)
during the first half of this year, said an official from the ministry.