Taiwan and Vietnam join hand to explore oil

[Viet]

Taipei, July 20 (CNA) State-run oil refiner CPC Corp., Taiwan signed a memorandum of understanding with Vietnamese business group Sovico (also known as Sovico Holdings) on Friday covering cooperation in oil exploration, oil product sales and related investments.

Under the pact, the two sides will work together to evaluate the possibility of cooperating in exploring for oil and gas deposits, selling petrochemical products and marketing lubricating oil, and studying related investment opportunities, according to CPC officials.

CPC Vice President Huang Jen-hung (黃仁弘) said his company sees Vietnam, which has grown at a rate of up to 6 percent annually in recent years, as a nation with development potential and has invested in two joint ventures in the country.

One is Maxihub Co. Ltd. (越南宏越) in Dong Nai province, which will make quality lubricants and other petrochemical products when it opens in 2020, and the other is Dai Hai Petro Corp (越南台海石油) in Haiphong, which distributes liquefied petroleum gas, Huang said.

The MOU was signed by CPC President Lee Shun-chin (李順欽) and Nguyen Thanh Hung, a co-founder of Sovico Holdings who serves as its chairman, and witnessed by CPC Chairman Tai Chein (戴謙).

Sovico Holdings is a multi-sector holding company with a diversified portfolio, ranging from banking and finance and aviation to real estate, hospitality, and industrial interests.

The company has many large subsidiaries, including budget airline Vietjet Air.

http://m.focustaiwan.tw/news/aeco/201807200016.aspx

 

[Viet]

Win win. Taiwan drills in the SC sea, while we drill in Taiwanese waters. Using Vietnam made oil rigs.

@Martian2

 

[S10]

Win win. Taiwan drills in the SC sea, while we drill in Taiwanese waters. Using Vietnam made oil rigs.

@Martian2

View attachment 488244

Except your country will fold just like last time you try to send a rig out.

 

[Viva_Viet]

Mainland CN will be in chaos in 2023, everyone can see that including TW.

Smart TW starting to co operate wt VN to re-take haft of CN in 2023

 

[Kai Liu]

Mainland CN will be in chaos in 2023, everyone can see that including TW.

Smart TW starting to co operate wt VN to re-take haft of CN in 2023

With one H-bomb, all vn monkeys become BBQ...

 

[Jlaw]

Mainland CN will be in chaos in 2023, everyone can see that including TW.

Smart TW starting to co operate wt VN to re-take haft of CN in 2023

Let's make a bet. Will you commit suicide live on Facebook in 2023 When China doesn't implode in 2023?

 

[XiangLong]

Let's make a bet. Will you commit suicide live on Facebook in 2023 When China doesn't implode in 2023?

Psssst, there is always the collapse in 3023, if not, then perhaps 5647.

 

[Beast]

Let's make a bet. Will you commit suicide live on Facebook in 2023 When China doesn't implode in 2023?

Troll got no balls to bet with you.. I am sure you are already winner without even waiting until 2023 to know the result.

 

[Jlaw]

Psssst, there is always the collapse in 3023, if not, then perhaps 5647.

Or 2012 China will collapse

 

[Viet]

Except your country will fold just like last time you try to send a rig out.

You probably mean the Spaniards. No problemo Amigo, we let the Russians and Americans to drill instead. In fact it is happening as we speak. What can you do? Ha ha.

 

[j20blackdragon]

Win win. Taiwan drills in the SC sea, while we drill in Taiwanese waters. Using Vietnam made oil rigs.

Hopefully nothing happens to your oil rig.

 

[Viva_Viet]

Let's make a bet. Will you commit suicide live on Facebook in 2023 When China doesn't implode in 2023?

WHy should I commit suicide ?? My life is not cheap as CNese one

btw: I promised long time ago that I will stop taking abt CN if CN is not in chaos in 2023