Update news Formosa

Formosa completes compensation, commits to environmental protection after 2016 incident

Spokesperson for the Ministry of Foreign Affairs, Le Thi Thu Hang, said Vietnam's persistent stance is protecting the living environment and people's health as the top priorities and not pursuing economic growth at the expense of the environment.

Chinese group to invest in Vung Ang port

Xiamen Port Holding Group has had a working session with the Ha Tinh People’s Committee, expressing its willingness to open the Vung Ang – Xiamen container route and develop a port in Vung Ang.

Glut in steel forcing industry leaders to halt programmes

The largest steelmaker in Vietnam is considering a hold on its third blast furnace facility due to concerns with China’s steel presence in the country.

VN Industry Ministry initiates anti-dumping investigation on imported BOPP film

The Ministry of Industry and Trade (MoIT) on Monday launched an anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.


Agencies argue whether Formosa’s slag is recyclable

The Thai Nguyen Department of Natural Resources and the Environment has proposed stopping the recycling of Formosa’s slag to make steel, saying that slag cannot meet the requirements for recycling.

How is Vietnam’s economy performing without the push from Formosa and Samsung?

While some economists warned of the possibility of Vietnam lagging further behind regional countries, others believe that Vietnam will still perform well.

Vietnam steel industry expected to stay upbeat in 2019

Local steel industry is projected to enjoy a growth rate of some 10 per cent during 2019 which would be primarily driven by two key projects in the central region, the Ministry of Industry and Trade has said.


Red carpet for FDI, grey carpet for Vietnam’s environment

VietNamNet Bridge - The great achievements in attracting large amounts of FDI have been overshadowed by concerns about pollution risks.

Fly ash from Formosa safe for use as building materials: Ministry

 VietNamNet Bridge – Fly ash from Formosa steel company (FHS) has passed quality assessments and can be used to produce cement, the environment ministry has said.

The most significant environmental protection events in 2017

VietNamNet Bridge - This annual selection was compiled by Tin Moi Truong, a member of the Vietnam Association for Nature and Environmental Protection, and journalists.

Formosa fined for improper hazardous waste treatment

 VietNamNet Bridge – Two companies involved in an illegal case of hazardous waste landfill in central Ha Tinh Province have been fined a total VND1 billion or US $45,000.

Is MONRE allowing Formosa to discharge substandard waste?

Under the national standards QCVN 51:2013/BTNMT, the reference oxygen content is 7 percent, but MONRE is allowing Formosa to apply the reference oxygen content of 15 percent.

GDP grows sharply as economy relies on foreign-invested enterprises

While government officials and some economists are optimistic about economic performance this year, other analysts say growth is unsustainable because it relies too much on the foreign-invested economic sector.

Ministry seeks higher budget for environmental protection

National Assembly deputies have agreed that Vietnam needs to increase expenses on environmental protection after the Ministry of Natural Resources and the Environment (MONRE) reported that spending in 2017 can satisfy only 55 percent of the demand.

Vietnam warned it may surpass pollution levels of China

If Vietnam does not change its way of developing its economy, it could be listed among the world’s top 10 countries with high pollution by 2035 and surpass China in pollution levels, economists have warned.

Vietnam seeking solutions to industrial waste

Industrial waste dumped at landfills is causing significant environmental problems in the country. As Vietnam's economy grows, industrial waste disposal has become more of a challenge. 

The green economy needs the right kind of FDI: gov't

VietNamNet Bridge - Vietnam is determined not to sacrifice the environment in exchange for foreign direct investment (FDI). 

Chinese-invested firm builds solar-panel plant without environmental report

JA Solar Vietnam is building a big $280 million solar panel plant in Bac Giang province, though it has still not submitted a report on the possible impact on the environment as stipulated by law.

Vietnamese scientists perform well in 2016

VietNamNet Bridge - The role of Vietnamese scientists in the country’s development and people’s livelihoods was especially apparent in 2016.

Quang Tri allocates extra $2.7 million in Formosa compensation for sea pollution

VietNamNet Bridge – The People’s Committee of the north central province of Quang Tri has made a decision to allocate Vinh Linh district an extra of VND61.6 billion (US$2.7 million) in compensation for the sea environment disaster