Hotline: 0274 383 347
Saturday, 27-6-26 05:05:07

Economics

Hotline: 0274 383 347

PM inaugurates important items of Southern Petrochemical Complex project

Prime Minister Pham Minh Chinh on November 26 attended the inauguration ceremony of the port-specialised tank cluster and a central utility plant of the Southern Petrochemical Complex project in Ba Ria-Vung Tau province.

Prime Minister Pham Minh Chinh addresses the ceremony

The newly-inaugurated items are essential and inseparable parts of the Southern Petrochemical Complex, a major project of the oil and gas sector which has a total investment of over 5 billion USD.

Addressing the event, Prime Minister  Pham Minh Chinh underlined that despite difficulties during the construction of the cluster and the plant, especially those from COVID-19, Ba Ria-Vung Tau province, investors, contractors and relevant agencies exerted great efforts for their completion.

He also attributed the result to the effective cooperation between Vietnam and Thailand, the sound relationship between contractors and the host locality, as well as between central and local agencies.

The Southern Petrochemical Complex has a significant role, together with the Nghi Son Refinery in the north and Binh Son Refinery in the central region, forming a network of refineries across the country, ensuring the supply of petroleum for the domestic market, he noted.

Highlighting the large workload of the project, the PM asked the investors, the local administration and relevant agencies to continue to work hard to finish other items of the project as scheduled with high quality.

He also underscored the motto of turning words into actions, with harmonised interest, shared risks and win-win spirit during the implementation of the project.

Roongrote Rangsiyopash, Chairman and CEO of Siam Cement Group (SCG), one of the leading industrial firms of Thailand and the parent company of Long Son Petrochemicals (LSP) - the investor of the project, said that the complex is a major project of SCG Chemicals in Vietnam, showing a long-term commitment of the firm to the sustainable development of Vietnam.

He said that the project is built with the latest technologies in the region, aiming to ensure operating standards, which demonstrates the group's strong commitment to safety and environmental protection.

Earlier, PM Chinh took a helicopter tour to look into the planning of major projects in Ba Ria-Vung Tau province, including Go Gang airport, Go Gang-Long Son urban area and Cai Mep port.

After listening to provincial leaders' report, the PM stressed that the locality has great yet untapped potential for development. However, he pointed to environmental protection as a challenge facing the province as it is developing industry and services at the same time.

He reminded the province to promptly complete its master planning with spaces for the development of services, industry and urban areas. The service sector should focus on tourism and logistics, while the industry sector should concentrate on oil and gas, manufacturing-processing and high-tech industries.

The Government leader underlined that the planning should take into account environmental factors to avoid conflicts in the development process, affecting the environment. He also underscored the need to preserve the forest./.

VNA

Tags: PM

Green development under local characteristics

With various industrial parks (IPs) already built or planned for future investment, Bau Bang district has identified green industry as its strategic path

Vietnamese products grab spotlight at Algiers int’l fair 2025

Vietnamese goods are gaining international attention at the 56th Algiers International Fair (FIA 2025), held from June 23–28 in Algeria's capital.

OCOP programme hits milestone with 126 five-star products nationwide

The National Council for the Evaluation of OCOP Products on Tuesday announced the recognition of 47 new five-star-rated products under the One Commune One Product (OCOP) programme,

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

Establishing a framework for the reorganization of the global supply chain

In light of the global economy being influenced by various factors such as supply chain disruptions,

Opening doors for workers to own housing

With the strong support of the government, active participation from the banking system, and the attention of provincial leaders and businesses, access to social housing for workers and low-income individuals is widening.

Tan Uyen city enhances the inspection and enforcement of trade violations

In accordance with the directives of the Provincial Steering Committee for the Prevention of Smuggling, Trade Fraud,

Total tax revenue in Binh Duong reaches 63.7% of estimate

On June 23, Tax Department of Region XVI held a conference to review tax work for the first six months of 2025, outline tasks for the remaining six months, and honor exemplary enterprises.

Elevating development

Amid the current global economic landscape, which is being significantly impacted by shifts in supply chains, trade dynamics

Enterprise - Brand

Company Social Media Net

Company VIETNAMNAY

Company HANEL MIROLIN

Company Keangnam - vina

Company HP Travel

Company Keloph