transocean accuses bp of neglecting risks in oil spill

Transocean accuses BP of neglecting risks in oil spill

Offshore drilling group Transocean on Wednesday charged Wednesday that British energy giant BP had neglected drilling risks, leading to the giant 2010 oil disaster off the US coast.
transocean counter sues bp over gulf of mexico disaster

Transocean counter-sues BP over Gulf of Mexico disaster

Swiss rig operator Transocean said Thursday it has counter-sued BP over the Gulf of Mexico oil disaster which devastated the US environment.
phu yen joins with japan in tuna processing

Phu Yen joins with Japan in tuna processing

A joint venture between central coastal Phu Yen province and four Japanese companies will be set up in Phu Yen in the third quarter of the year to buy, process and preserve ocean tuna for export.
hotels bank on chain reactions

Hotels bank on chain reactions

Vietnamese-backed hotel developers are expanding their horizons, looking not just to make their own hotel brands recognised domestically, but also planning to get their brands international attention.

Japan deep-sea robots to seek minerals

Resource-poor Japan plans to use deep-sea mining robots to exploit rare earths and precious metals on the ocean floors around the island nation within a decade, a media report said Friday.
obama reverses oil drill expansion after bp spill

Obama reverses oil drill expansion after BP spill

President Barack Obama on Wednesday reversed a March decision to expand offshore oil exploration to the Atlantic Ocean and eastern Gulf of Mexico, but said deepwater drilling could continue in the part of the Gulf hit by the BP disaster.
broad brush outlook needed to succeed

Broad brush outlook needed to succeed

Leading information technology experts from Japan and South Korea saw Vietnam as having tremendous potential for software outsourcing in the recent 2010 Summit of the Asia-Oceania Computing Industry Organization (ACOCIO).
developers eye second home market

Developers eye second-home market

HCM CITY — The Hoa Anh Dao Tourist Joint-Stock Company has begun construction on its Oceanami Resort&Luxury Home Project which contains 180 villas designated for the second-home market as well as a five-star hotel and other facilities.
legal woes handcuff rusalka

Legal woes handcuff Rusalka

The recent arrest of Rus-Invest-Tur Corporation chairman Nguyen Duc Chi on fraud charges leaves his resort project, the Rusalka Golf Resort and Ocean Spa, which is still under construction in Nha Trang, in dire straights. Ngoc Son takes a look at the fallout.
ocean park high on wave of office sites to hit hanoi

Ocean Park high on wave of office sites to hit Hanoi

THE largest building in recent years is set to go on Hanoi’s office lease market along with a number of smaller properties, all of them developed by local investors.

Energy talks headline high-profile US investor visit

US oil company Atwood Oceanics has signed a memorandum of understanding with PetroVietnam to build a $125 million oil rig.