vietnamnet – Japan’s Sumitomo Corporation has gained an investment certificate to develop Van Phong 1 thermal power project worth US$2.58 billion in the central coast province of Khanh Hoa.

Minister of Industry and Trade Tran Tuan Anh (L) presents a letter approving Van Phong 1 thermal power project to Kuniharu Nakamura, chairman of Sumitomo Corporation, in this file photo dated May, 2017 

Before receiving the investment certificate, Sumitomo signed an investment agreement with the Ministry of Industry and Trade in May 2017. Work will start next year on the 1,320 MW station.

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vietnamnews Update: October, 28/2017 – 08:00

Adherent: Villagers use natural adhesive to glue the powdered herbs together.

Phia Thắp is a small community of  50 homes in the northern border province of Cao Bằng. Besides agriculture, the tiny mountain hamlet is well-known for makingr incense, an ancient trade passed down for hundreds of years. Everyone in the community, from grandmothers to children, take pride in the trade.

Phia Thắp incense is a popular brand in this part of the country. The incense is hand-made from 100 per cent natural ingredients.

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Update: November, 26/2017 – 09:00

Viet Nam News Hồng Vân

Old, makeshift dormitories for ethnic students in the northern mountains were sometimes made by putting timber panels together. Now, these shacks are being replaced with stable buildings, made with solid construction materials – and love. The love comes from Lê Thu Huyền, the founder of  a four-year-old project called Nabe.Arc (Natural Beauty in Architecture).

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News Release | 23 November 2017

Thermal and renewable power generation are the dominant sectors for the majority of the countries surveyed in the PPP Monitor.

ADB_MANILA, PHILIPPINES (23 November 2017) — Countries in Asia and the Pacific with developed financial markets, strong local financial institutions, and diverse financing resources are more likely to secure public-private partnership (PPP) projects, according to a new Asian Development Bank (ADB) report.
The Public-Private Partnership Monitor tracks the development of the PPP business environment across ADB member countries and provides insights for governments on structuring a sound environment for PPPs. This is the first edition of the report, which surveyed 9 countries in the region: Bangladesh, the People’s Republic of China (PRC), India, Indonesia, Kazakhstan, Papua New Guinea, the Philippines, Thailand, and Viet Nam. It will be expanded to include additional countries in subsequent annual editions.