The 5 reasons the Vung Ang 2 coal power plant is a financial and environmental disaster

August 7, 2020 – By Market Forces: Vung Ang 2 is a controversial  2 x 600MW coal-fired power station planned in Central Vietnam. The three major Japanese banks, Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), Mizuho Financial Group as well as Japan’s export credit bank, Japan Bank for International Cooperation (JBIC), are currently…

Speech of Rev. Nguyen Van Hung, Representative of the Justice for Formosa’s Victims (JFFV) At the Press Conference at Taiwan Supreme Court on April 17, 2020

Ladies and Gentlemen, On March 20, 2020, the Higher Court of Taiwan dismissed a lawsuit filed by 7,875 victims of an environmental disaster caused by Ha Tinh Steel Formosa Corporation. The victims have been grieved and disappointed by the district and higher courts’ decision to not hear the case against the Formosa Group for their…