Blue Whale gas field project to be launched in Quang Nam

Deputy head of the Party Central Committee’s Economic Commission and Chairman of the Vietnam Oil and Gas Group’s Member Council Tran Sy Thanh held a working session with authorities of the central province of Quang Nam on March 1 to discuss the launch of Blue Whale gas field project – the largest of its kind in Vietnam.
Blue Whale gas field project to be launched in Quang Nam ảnh 1Illustrative image (Source: VNA)
Quang Nam (VNA) – Deputyhead of the Party Central Committee’s Economic Commission and Chairman of theVietnam Oil and Gas Group’s Member Council Tran Sy Thanh held a working sessionwith authorities of the central province of Quang Nam on March 1 to discuss thelaunch of Blue Whale gas field project – the largest of its kind in Vietnam.

The project, lying in Chu LaiOpen Economic Zone in Tam Quang commune, Nui Thanh district, is expected to belaunched this year with the first flow of gas brought ashore by late 2023.

A central processing platformwill be built off block 118, about 90 km from Quang Nam. Gas will be filteredat its plant in Tam Quang commune, Nui Thanh district, and will be supplied tofour power plants with a total capacity of 3,000MW under the approved masterplan on gas and electricity in the central region.

The gas field is expected to earnnearly 60 billion USD, add 1 billion USD to the local state budget and generatejobs for 3,000-4,000 skilled workers.

Huynh Khanh Toan, head of themanagement board of the Chu Lai Open Economic Zone, said the province has zonedoff nearly 3,000 ha for concentrated industrial zones. Once investors are readyto embark on projects, the locality will hand over a clean site to them.

Thanh lauded the provincialauthorities’ drastic action on site clearance to ensure the project will belaunched as soon as possible.

He asked units concerned toensure the project’s progress to contribute to socio-economic development inthe southern central region

Secretary of the provincial PartyCommittee Phan Viet Cuong said it will be the largest scale project to belaunched in Quang Nam. He suggested that both sides should devise specificmeasures regarding human resources and urban development.

Earlier, the delegation paid afact-finding trip for the project and presented 15 billion VND  (650,000 USD) to social welfare work in theprovince.–VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.