Construction of 5.5 million USD grease plant kicked off in Ninh Thuan
The Top Solutions Joint Stocks Company held a groundbreaking ceremony for its grease plant with an investment of 5.5 million USD at Phuoc Nam Industrial Park in Thuan Nam district, the south-central province of Ninh Thuan on March 8.
The project with an investment of 5.5 million USD from Thai and Australian investors is the first foreign-invested one that has been implemented in the province this year.(Photo: VNA)
Ninh Thuan (VNA)🌸 – The Top Solutions Joint StocksCompany held a groundbreaking ceremony for its grease plant with an investmentof 5.5 million USD at Phuoc Nam Industrial Park in Thuan Nam district, thesouth-central province of Ninh Thuan on March 8.
The project with an investment of 5.5 million USD from Thaiand Australian investors is the first foreign-invested one that has been implementedin the province this year. Doan Ngoc Tu from the company said the project, aiming to produce and import kinds of grease used forindustrial machines, is expected to go operational by the end of thisyear. Head of the Management Board of Industrial Parks ofNinh Thuan province Su Dinh Vinh said that the project is hoped to bring great benefits to investors,and positively contribute to improving industrial production value andcommodity export revenue of the province. Moreover, it will create more jobs forlocal workers, increase revenue for the provincial state budget, and contributeto the socio-economic development of Ninh Thuan province in the coming years.
He urged investors to focus resources to implement theproject and comply with the laws on planning, land, investment, construction,environmental protection, and other relevant laws.
♚ The investors, consulting units, and contractors were alsoasked to strictly comply with construction standards and regulations, andensure work safety and environmental sanitation./.
The south central provinces of Binh Thuan and Ninh Thuan, home to the art of pottery making of Cham ethnic people, have been taking steps to preserve and bring into play the value of this UNESCO-recognised intangible cultural heritage at the same time with developing community-based tourism.
Possessing unique tourism products with both distinctions and similarities, the south-central provinces of Ninh Thuan and Khanh Hoa have favourable conditions for collaborating in tourism development.
Ninh Thuan’s arid climate and abundant sunlight have given a rise to distinctive agricultural products, providing an advantageous foundation for the south-central province to boost the development of agritourism.
Positioned as the proud owner of Vietnam's largest grape farming area spanning over 1,000ha, the southern central province of Ninh Thuan is proactively embracing modern technology across various stages of grape production and processing.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
The project with an investment of 5.5 million USD from Thai and Australian investors is the first foreign-invested one that has been implemented in the province this year.(Photo: VNA) 
