mammoth 16bn dream inches towards reality

Mammoth $16bn dream inches towards reality

Formosa Plastics Group has moved another step closer to seeing its $16 billion steel and port complex become a reality.

Giant SOE share offer on the cards

Four equitised SOEs may get the right to sell some of their remaining state-owned shares if the prime minister approves a proposal from the Ministry of Finance.The proposal, Document 4839, suggests Vinamilk, Binh Minh Plastics, Petrolimex chemical company and Petrolimex gas company be permitted to sell an undecided portion of their state-controlled shares.

Plastics sector in bold move to end reliance on imports

A $40-MILLION polystyrene plastics plant tipped for Ho Chi Minh City looks set to end the country’s reliance on imports.A source from the Vietnam Saigon Plastics Association (VSPA) said a feasibility study for a 40,000-tonne capacity plant was underway.
plastics sector breaks the mould in self sufficiency drive

Plastics sector breaks the mould in self-sufficiency drive

US PLASTICS giant Louisiana Polymers has agreed to help set up Vietnam’s first hi-tech resin plant as the country’s plastics industry struggles to become self sufficient.