Truong Thanh Furniture Corporation (TTF) will cooperate with South African partners to build a woodwork processing plant with total investment of US$30 million in Umshwathi city.
More than 700,000 people will join Vietnam’s national workforce every year in the 2010-2015 period, an annual increase of 1.5%, said a recent report from the Institute of Labor Science and Social Affairs.
The state-owned Vietnam Oil and Gas Group (PetroVietnam) expects to produce 10.97 million tons of oil equivalent in the second half of this year versus its earlier target of 11.73 million tons.
The Vietnamese prime minister has approved a plan to develop Dong Dang Border Gate Economic Zone (EZ) in the northern province of Lang Son from now to 2030.
The Ministry of Finance said the State Budget collected VND242 trillion in the first six months of 2010, a rise of 21.6 % from the same period of 2009 while it spent VND273 trillion in the six-month period, up 21.3 %.
Vietnam’s cement producers generated 4.41 million tons of cement in June, raising the country’s total output to 24.92 million tons in the first six months, equaling 49.8% of its full-year target.
A business start-up programme has recently been launched in Hanoi with the participation of over 400 students from local economic universities and colleges.
Vietnamese Prime Minister Nguyen Tan Dung has recently approved a plan to build eight nuclear power plants through 2030, the government said on its website on June 22.
The state-owned Vietnam Oil and Gas Group (PetroVietnam) has signed an additional four oil and gas exploration and production contracts so far this year, comprising three for domestic operations and one abroad.