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Tag Archive for ‘Nuclear’

Vietnam planning to crank up Russian-subsidized nuclear study center by 2025

The US$500 million project has been revealed less than a year after the country scrapped plans for two nuclear power plants due to economic reasons. Vietnam is planning to develop a nuclear science and technology center using a US$500 million loan from Russia over the next seven years. Tran Chi Thanh, director of the Vietnam […]

Vietnam Gold Processors Seek To Export Surplus

HCM CITY (VNS) — Gold-production enterprises have asked the central bank to allow them to export non-SJC gold and import solid gold to manufacture SJC gold to ensure an immediate supply for the market. If this was done, it would contribute to reducing the price differential between domestic and global markets, thus limiting losses for people and credit institutions, while not affecting the country’s foreign currency resources, according to the enterprises. Earlier, the HCM City People’s Committee made a similar proposal to the central bank’s consideration. Currently, there is a wide gap…

Medvedev calls for stronger oil, nuclear ties with Vietnam

Russian Prime Minister Dmitry Medvedev and his Vietnamese counterpart agreed Tuesday that the two countries would focus on expanding oil exploration and technology cooperation in nuclear energy projects. The agreement was made during talks with Nguyen Tan Dung in Hanoi. The official agreement said the countries will enhance political dialogues to improve mutual trust and boost cooperation in other fields including economics, national defense and security, and technology, news website VnExpress reported. Medvedev was in Hanoi for one day, and then Ho Chi Minh City on Wednesday before leaving. He said gas and oil should be key cooperation factors for…

No Japan electronics bailout, minister hints

A senior Japanese politician hinted on Friday that a government bailout was not on the cards for the nation’s struggling electronics giants, after embattled Sharp cast doubt on its own survival. Economy minister Seiji Maehara said the likes of Panasonic and Sharp, on track to book combined annual losses of more than $15.0 billion, should […]

Russia, Vietnam to Begin FTA Talks Early Next Year

Russia and Vietnam will begin negotiating a free trade agreement early next year, and will encourage more joint investment among the countries’ energy companies, Russia’s Prime Minister Dmitry Medvedev said Wednesday. Bilateral trade is likely to reach $7 billion by 2015, Mr. Medvedev said after meeting with Vietnamese counterpart Nguyen Tan Dung during a two-day […]

Obama to meet Suu Kyi, Myanmar president in Yangon

WASHINGTON – Barack Obama will meet Myanmar democracy icon Aung San Suu Kyi and President Thein Sein on a historic first visit to the country by a sitting US president designed to boost a political reform drive. The White House said on Thursday that Obama would also visit Thailand and attend the East Asia summit in Cambodia on the November 17-20 trip, which will mark his return to the world stage following his re-election. During a few hours in Myanmar, Obama will deepen his administration’s support for the…

Vietnam, Russia to strengthen co-operation over oil and gas

HA NOI (VNS)— Viet Nam will continue to support the joint pursuit of oil and gas projects in its continental shelf with Russia, Prime Minister Nguyen Tan Dung has said. Pointing out the nation paid special attention to boosting cooperation with Russia in the energy sector, the PM stressed the issue during his talks with Russian Prime Minister Dmitry Medvedev in Ha Noi yesterday. The talks followed…

Vietnam Moves on Oil Refinery and Nuclear Plant

Vietnam said it agreed with foreign investors to begin construction of a long-delayed oil refinery, while also stepping up plans to build the country’s first nuclear-power plant jointly with Russia. Until recently the developing Asian nation was favored by global investors, but they’re increasingly uneasy as confidence is undermined by surging inflation, corruption scandals and […]

Obama wins re-election, writes new history

WASHINGTON – President Barack Obama swept to a emphatic re-election win over Mitt Romney Tuesday, forging new history by transcending a dragging economy and the stifling unemployment which haunted his first term. The 44th US president and the first African American to claim the Oval Office, was returned to power after a joyless election which appears to have deepened, rather than healed, his nation’s political divides. “In this election, you, the American people, reminded us that while our road has been hard, while our journey has been long, we have picked ourselves…

Vietnam PM promotes peace at ASEM summit

VIENTIANE (VNS)— Maintaining peace should be the priority of every country, so all disputes should be settled by peaceful measures when possible, Prime Minister Nguyen Tan Dung said yesterday during a discussion of regional issues under the framework of the ninth Asia-Europe meeting (ASEM). The world is transitioning into a new development period, which brings both new opportunities and security-related challenges, the Prime Minister said. He added that Viet Nam highly appreciates that Laos, as the host country for the 9th ASEM, chose the theme of “Friends for Peace, Partners for Prosperity…