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Vietnam Vinashin Expects to Hand over 35 Ships This Year

Vietnam Shipbuilding Industry Corp (Vinashin), which is verging on bankruptcy with accumulated debts of VND86 trillion ($4.41 billion) at end-June, expects to deliver 35 ships to its partners at end of 2010.

Vietnam to Advance VND6.46T for Urgent Development Projects

Vietnamese Prime Minister Nguyen Tan Dung has issued a decision, allowing the Ministry of Planning and Investment to advance VND6.46 trillion ($331.28 million) worth of g-bonds for a number of projects which are slated for completion this year.

Vietnam Adds Manganese Ore Areas to Exploration Planning till 2015

Vietnamese Deputy Prime Minister Hoang Trung Hai has agreed to add a manganese ore mine in the northern province of Ha Giang to the national exploration, processing and use planning during the 2006-2015 period.

Vietnam Likely to Spend $10.8B on Machinery, Equipment Imports in Jan-Oct

Vietnam is estimated to have imported $10.802 billion worth of machinery, equipment and spare parts in the first ten months of this year, rising 9.2% from a year earlier.

Vietnam Estimated to Import 7.12M Tons of Steel, Iron in Jan-Oct: GSO

Vietnam is likely to spend $4.905 billion on importing 7.121 million tons of steel and iron in the first ten months of this year, the General Statistics Office said.

Vietnam Plastic Imports +35.1% in Jan-Oct: GSO

Vietnam is estimated to have spent $3.066 billion on plastic imports in the first ten months of this year, up 35.1% from a year earlier.

Vietnam Chemical Imports Likely to Soar 25.3% in Jan-Oct

Vietnam is estimated to have spent $1.668 billion on importing chemicals in the first ten months of this year, soaring 25.3% from a year earlier.

U.S Remains Vietnam Top Importer of Steel Products in Jan-Aug

The U.S. remained Vietnam’s biggest buyer of steel products with import values of $75.24 million in the first eight months of this year, soaring 23.06% from a year earlier.

Vietnam Computer, Electronics Product Imports +32.7% in Jan-Oct

Vietnam is estimated to have spent $4.1 billion on importing computers, electronics products and spare parts in the first ten months of this year, up 32.7% from a year earlier, the government’s General Statistics Office (GSO) said.

Colombian Firm Operates Cement Additive Plant in Northern Vietnam

Grace Construction Products, an affiliate of Colombia-based W. R. Grace & Co, opened a cement and concrete additive production plant in Vietnam’s northern province of Hai Duong Oct 20, the Thoi bao Kinh te newspaper reported Thursday.

PV Pipe to Build Vietnam First ERW Steel Pipe Plant Today

Petrovietnam Pipe Manufacturing JSC (PV Pipe), an affiliate of PetroVietnam Construction Corp. (PVC), will start construction of an electric resistance welded (ERW) steel pipe plant the southern province of Tien Giang today [Oct 25], the first of its kind in Vietnam.

Vietnam Uses 31.25M Tons of Cement in Jan-Sept

Vietnam’s total cement sales rose 7.2% from a year earlier to 35.13 million tons in the first nine months of this year, Vietnam Cement Industry Corporation (Vicem) said.

Vietnam Vicem Sells 13.01M Tons of Cement, Clinker in Jan-Sept

Vietnam Cement Industry Corporation (Vicem) sold 13.017 million tons of cement and clinker in the first nine months of this year, rising 6.7% from a year earlier and fulfilling 68.5% of its full-target.

Vietnam DPM Invests in Two Packing Plants

PetroVietnam Fertilizer and Chemical Corp. (DPM), a subsidiary of Vietnam Oil and Gas Group, has kicked off a project on expanding its Phu My fertilizer packing plant in the southern province of Ba Ria Vung Tau.

Vietnam Giant Shipbuilder Unveils Wrongdoings: Govt Official

Officials from the loss-making Vietnam Shipbuilding Industry Corporation (Vinashin) have made up false reports to the government to conceal the group’s wrongdoings and financial losses.

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