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Formosa steel plant in Vietnam restarts one year after toxic spill
Politics

Formosa steel plant in Vietnam restarts one year after toxic spill

Taiwanese-owned Formosa paid $500 million for the pollution that devastated sea life and coastal economies.

Formosa to pour additional $1bn into steel project
Business

Formosa to pour additional $1bn into steel project

Vietnamnet - Major subsidiaries of the Formosa Plastics Group, Taiwan’s largest industrial conglomerate, have announced they are planning to invest $1 billion in the Formosa Ha Tinh Steel Corp.

Aid for tourism service providers affected by Formosa incident
Travel

Aid for tourism service providers affected by Formosa incident

Bao Moi - The Vietnam National Administration of Tourism (VNAT) announced on April 24 that it had sent a document guiding the provision of financial aid for those who supplied tourism services and

Former top Vietnamese official implicated in Formosa scandal asks to resign as legislator
Health

Former top Vietnamese official implicated in Formosa scandal asks to resign as legislator

Baomoi - A former top provincial official who was among those punished by the government for their roles in the notorious Formosa environmental disaster has asked to step down as a delegate of the

Formosa’s $10.5 billion Ha Tinh steel complex meets requirement to start blast furnace
Business

Formosa’s $10.5 billion Ha Tinh steel complex meets requirement to start blast furnace

Vietnamnet - The working group from the Ministry of Natural Resources and Environment complemented by a body of other scientists have concluded that Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. meets

Seafood traders still count cost of Formosa disaster
Business

Seafood traders still count cost of Formosa disaster

Vietnamnet - Dozens of traders in Ha Tinh Province are facing huge losses as hundreds of tonnes of jellyfish cannot be sold due to the mass fish deaths caused by the Formosa pollution incident.

Vietnam says recovery from Formosa industrial disaster could take a decade
Politics

Vietnam says recovery from Formosa industrial disaster could take a decade

Formosa deliberately skirted safety commitments, the Vietnamese government says.

Formosa spill spikes Vietnam's labor exports
Business

Formosa spill spikes Vietnam's labor exports

Half of the country's low-skilled workforce left for Taiwan this year.

Man hospitalized by guard at Formosa compensation meeting in central Vietnam
Politics

Man hospitalized by guard at Formosa compensation meeting in central Vietnam

A crowd of people gathered outside the commune hall demanding the guard be handed over as tempers ran high.

Vietnamese officials rebuked in Formosa’s pollution disaster
Politics

Vietnamese officials rebuked in Formosa’s pollution disaster

The officials have been held responsible for toxic waste discharges that killed tons of fish earlier this year.

Vietnam province’s GDP growth dragged down to 4.2% by Formosa-caused pollution
Health

Vietnam province’s GDP growth dragged down to 4.2% by Formosa-caused pollution

The north-central Vietnamese province of Quang Binh is likely to be able to meet a little more than half of its GDP growth target for 2016, as the provincial economy has been severely hit by a

Compensation starts to reach fishermen after Formosa's toxic spill
Politics

Compensation starts to reach fishermen after Formosa's toxic spill

The chairmen of the affected provinces will be held accountable for any delays or false damage reports.

PM allows Formosa to import own coal
Business

PM allows Formosa to import own coal

The Prime Minister has allowed Taiwanese firm Hung Nghiep Formosa Co., Ltd. (Fomosa), to import own coal for electricity production at its coal-fired thermal power plant located in Dong Nai’s Nhon

Thieves boost lighting cable from economic zone which hosts Formosa Vietnam
Politics

Thieves boost lighting cable from economic zone which hosts Formosa Vietnam

The loss of 549 meters of underground electrical cables from the Vung Ang Economic Zone has disrupted its operations.

Formosa's fish kill robs Vietnam’s tourism of millions of dollars: officials
Business

Formosa's fish kill robs Vietnam’s tourism of millions of dollars: officials

The toxic spill has scared people away from the region's once beautiful beaches, with arrivals plummeting by up to 90 percent.

Provincial court rejects lawsuits filed against Taiwanese fish killer Formosa
Politics

Provincial court rejects lawsuits filed against Taiwanese fish killer Formosa

A local judge said current law prohibits the court from hearing the 506 petitions.

Formosa seeks to import own coal
Business

Formosa seeks to import own coal

Decrying the low-quality of domestic coal, Hung Nghiep Formosa Co., Ltd (Formosa) wants to import coal for electricity production in its coal-fired thermal power plant located in the southern

After Formosa disaster, steel gets reconsidered
Business

After Formosa disaster, steel gets reconsidered

Steel production expansion in Vietnam has faced a growing tide of criticism amid environmental concerns following the recent toxic spill disaster caused by Formosa Ha Tinh, and the oversupply of

One Formosa steel mill is enough for Vietnam
Business

One Formosa steel mill is enough for Vietnam

VietNamNet Bridge – Dr. Truong Manh Tien, Chairman of the Viet Nam Environmental Economics Society, speaks to the Suc khoe & Doi song (Health and Life) newspaper about the Ca Na steel mill

In the wake of Formosa, another steel project is a cause for concern
Business

In the wake of Formosa, another steel project is a cause for concern

NDO - A planned US$10.5 billion steel project with an annual capacity of 16 million tonnes to be developed by Hoa Sen Group in the Ca Na area in the central province of Binh Thuan has become a

Debated Hoa Sen Group steel project under tighter scrutiny than Formosa’s
Business

Debated Hoa Sen Group steel project under tighter scrutiny than Formosa’s

Hoa Sen Group’s $10.6-billion industrial zone, steel manufacturing and port complex set to be built in the central province of Ninh Thuan will have to comply with more stringent rules than Taiwanese

VASEP: Formosa Ha Tinh should compensate seafood losses
Business

VASEP: Formosa Ha Tinh should compensate seafood losses

The Government has been asked to compel Taiwanese firm Hung Nghiep Formosa Ha Tinh Steel Co. Ltd to compensate losses incurred by locals when it released toxic water into the ocean in April.

Formosa gets VND13 trillion tax refund, GDT to stop preferential support
Business

Formosa gets VND13 trillion tax refund, GDT to stop preferential support

Formosa Ha Tinh has received a tax refund worth VND13 trillion, proof that foreign invested enterprises (FIEs) can enjoy high incentives, experts say.

Formosa catastrophe takes toll on tourism in Vietnam province
Travel

Formosa catastrophe takes toll on tourism in Vietnam province


Quang Binh is home to Son Doong, the world’s largest cave.

Formosa may see hefty fine in tax arrears
Business

Formosa may see hefty fine in tax arrears

Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. may have to pay VND1.555 billion ($69.6 million) in tax arrears, including refunded value added tax, deducted taxes, and late payment fees, according to