China foreign minister to pay short visit to Kingdom

Lim Menghour, deputy director of the Mekong Centre for Strategic Studies at the Asian Vision Institute said, “Promoting a new development paradigm under BRI framework will be another main agenda of the visit,’ referring to China’s practice of foregoing the sometimes intrusive and demanding requirements regarding the internal policies of developing countries it provides aid to, in contrast to the US and EU’s traditional insistence that countries who receive aid undertake reforms in areas like democratic governance, civil liberties and human rights.

S. Korean consortium expected to win $4.8 bn LNG power plant order in Central Vietnam

The near $5 billion LNG power project involves building an LNG power plant across a 1.2 million square meter space in Quang Tri Province along the central coast. The first phase of the project – worth 2.5 trillion won – is to build a 1,500-megawatt (MW) power plant. Total project cost is expected to reach 5.5 trillion won when including second and third phases.