Prime Minister Nguyen Xuan Phuc has said he welcomes investors from Kuwait Petroleum International (KPI) and Japan to inject money into the Nghi Son oil refinery and petrochemical complex project in the north central province of Thanh Hoa.
Prime Minister Nguyen Xuan Phuc (R) and CEO of KPI Nabil Bourisli (Photo: VNA).
He made the
statement while receiving CEO of KPI Nabil Bourisli and some leaders of
Japanese firms that are strategic investors of the project in Thanh Hoa on
December 23.
Vietnam contributed a quarter to the project’s total capital,
he noted.
The government leader hailed the active and responsible
cooperation of the involved parties, including the Ministry of Industry and
Trade and the Vietnam Oil and Gas Group (PetroVietnam) to carry out the
9-billion-USD project.
Nabil Bourisli thanked the Vietnamese government to back the
implementation of this project and shared joy over its commercial operation.
At the reception, PM Phuc also cleared up recommendations
from investors.
He ordered relevant ministries and departments to put forth
measures to ensure rights and interests of the government and investors based
on legal regulations.
The PM asked investors to ensure effective operation of the
plant and soon expand its second phase.
He affirmed that the government always encourages and creates
the best conditions for foreign businesses to invest in Vietnam.
The Nghi Son oil refinery and petrochemical project has been
carried out since 2013.
It is invested by PetroVietnam (25.1 percent), KPI (35.1
percent), and the Japanese firms Idemitsui Kosan (35.1 percent) and Mitsui
Chemicals (4.7 percent).-
Source: VNA
Mr. Ngo Van Tuan, member of the Party Central Committee, State Auditor General, and 15th-tenure National Assembly deputy of Hoa Binh province, visited and presented Tet gifts to poor households, workers, and students in difficult circumstances in Cao Phong district and Hoa Binh city on January 17.
The Hoa Binh provincial Military Command in collaboration with the National Defence Academy held a seminar on January 15, where they exchanged experience in local defence and military affairs with a delegation of officers, instructors, and students from the senior command and staff training course of the Royal Cambodian Army.
Hoa Binh province's delegation of National Assembly (NA) deputies, including Nguyen Thi Phu Ha, Vice Chairwoman of the NA’s Finance - Budget Committee, and Dang Bich Ngoc, deputy head of the delegation, visited and presented Lunar New Year (Tet) gifts to disadvantaged households in Suoi Hoa commune of Tan Lac district, poor students at the Tan Lac Boarding Secondary and High School for Ethnic Minority Students, and locals in Quynh Lam ward of Hoa Binh city on January 15.
The Hoa Binh provincial Party organisation has seriously implemented resolutions on Party building and political system construction in connection with the implementation of Directive No. 05-CT/TW on studying and following of President Ho Chi Minh's ideology, morality, and style, focusing on addressing issues, creating clear and substantial changes in fulfilling the political tasks of localities, agencies, and units.
The Hoa Binh provincial People’s Committee has held a teleconference to launch the socio-economic development and state budget plans for 2025. Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, attended and gave directions at the event, which was chaired by Bui Duc Hinh, Standing Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee.
The 17th-tenure People’s Council of Hoa Binh province, for the 2021-2026 term, convened its 24th session on January 7, during which Bui Duc Hinh was elected Chairman of the provincial People’s Committee for the tenure.
