VND 1,350billion to expand Thai Nguyen Iron & Steel Company

Thai Nguyen Iron & Steel Corp has signed a credit contraction with Vietnam Development Bank –branch in Bac Kan –Thai Nguyen, aiming to add more its capital to expand the producing project for the 2nd phase.

Total loan capital is VND 1,359billion with interest rate of 8,5 percent per year.

The project has the first investment capital of VND 3,843billion, which inaugurated in September 2007. Currently, total investment capital has increased up to VND 8,104billion however, it had to stop construction due to not have enough investment capital source.

T.Tuyet –Translated by T.Tran

Other news

Most view

Vietnam Airlines reschedules flights due to storm Ampil

Vietnam Airlines reschedules flights due to storm Ampil

The national flag carrier Vietnam Airlines (VNA) has announced that it has adjusted departure and arrival times of flights from/to Pudong International Airport in Shanghai on July 22 due to the tropical storm Ampil that is expected to land in the East part of China.


185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.