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Formosa's hazardous waste cannot be treated in Ha Tinh province

VietNamNet Bridge - None of the waste treatment plants in Ha Tinh province has technology that is advanced enough to treat hazardous industrial waste, according to the Ha Tinh Department of Natural Resources and Environment.

Mismanagement in coastal industrial zones leads to sea pollution

Experts believe that environmental problems exist in nearly all coastal industrial zones (IZs), not just in Vung Ang IZ, where a serious environmental incident occurred two months ago, causing mass fish deaths in four central provinces.

U.S., Japan, Australia continue fish imports in wake of mass fish deaths

VietNamNet Bridge - Despite mass fish deaths in central Vietnam, fish caught in the area are still being exported to major markets. 

Mysterious fish death spells doom for tourism

The unknown cause of mass dying of fishstock in the central part of Vietnam may affect the tourism sector, known as one of the major bread-winners of the central region.

Singaporean investor wants to build $114mil port to serve Formosa

 VietNamNet Bridge – A Singaporean company - Freight Links Capital Pte., Ltd - has proposed to build a port for vessels of up to 50,000 DWT in the Vung Ang port in Ha Tinh province, in central Vietnam.

BUSINESS IN BRIEF 27/1

 Vung Ang to become nation’s largest thermal power center; VEC plans to increase charter capital; January CPI slides over fuel cost reductions; Motorbike sales continue to fall; Phu Quoc Island strives to attract more foreigners

Formosa to receive $1 million in compensation

PetroVietnam Insurance Company will advance $1 million of compensation to Taiwanese Formosa Group for its losses in the riots at the Vung Ang Economic Zone in mid-May.

Vietnam remains attractive and friendly in foreign investors’ eyes

 VietNamNet Bridge – Foreign investors say they consider the riots triggered by disruptive elements some days ago to be unfortunate incidents, but affirm that they do not intend to leave Vietnam, which they still find “attractive” and “friendly”.

Chinese workers facilitated to return home

VietNamNet Bridge – Local authorities have created favorable conditions for Chinese workers in the Vung Ang Economic Zone in Ha Tinh Province to return home in accordance with contractors’ proposals.

Vung Ang disturbances: 16 people arrested

 VietNamNet Bridge - In relation to recent incidents at the Vung Ang Economic Zone in the Ky Anh District of Ha Tinh Province, local police on Sunday morning arrested and charged 16 people for theft and disturbing public order.

Vietnam reiterates pledge to make investors safe

 VietNamNet Bridge - An international press conference was held in Hanoi on May 17 to inform foreign reporters about bad individuals’ extremist actions that affected social order and safety in several localities in the country.

Ha Tinh violence: anatomy of a riot

 The Party Committee in the central province of Ha Tinh has narrated the sequence of events that led to the anti-China protests in which one person was reported killed at the Vung Ang Economic Zone on May 15.

Prime Minister urges defense of sovereignty in accordance with the law

VietNamNet Bridge – It is legitimate to show patriotism and protest China’s illegal rig in Vietnam’s waters, said Prime Minister Nguyen Tan Dung, but those who take advantage of this situation to violate the law must be severely punished.

BUSINESS IN BRIEF 19/12

 Central bank will continue gold auctions; Debt legislation won't be delayed; Central bank sets new rules for foreign currency lending; SBV approval to lend in foreign currency; Motorbike sales stutter despite holiday discounts

BUSINESS IN BRIEF 4/8

 Vietnam, Hong Kong develop Gulf of Tonkin economic belt; Dung Quat refinery performs well in seven months; Coffee replanting slow over lack of detailed plan; Gold custody service available at 12 banks