Business

The new facility will manufacture large power transformers mainly for High-Voltage Direct Current (HVDC) projects, complementing GE Vernova’s existing HVDC transformer manufacturing facilities in Stafford, the UK, and India, etc…

The Government's Resolution 36 grants Petrovietnam and its subsidiaries greater autonomy in the trading and importation of crude oil and raw materials for fuel production to mitigate the risk of supply chain disruptions from the Middle East.

The plan is earlier deployed as global oil price soars significantly due to Middle East tensions.

Prime Minister Pham Minh Chinh expressed his deep concern over the developments of the current conflict in the Middle East, calling on relevant parties to exercise restraint, promote efforts to reduce tensions, seek solutions to peace in the region…

Total investment capital estimated at more than VND92.66 trillion ($3.63 billion).

Among the newly licensed projects are several large-scale developments expected to generate strong spillover effects and contribute to the central province’s economic growth in the coming years.