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VN economy faces tough future
Viet Nam’s economic growth in 2016 will be affected by many factors. General Director of the Viet Nam Statistics Office, Nguyen Bich Lam, speaks to business news website BNEWS. Social investment capital in the first six months of 2016 reached VND 618.2 trillion (US$27.71 billion), an ...
Nearly 4,000 bridges to be built in remote areas
The second phase of a bridge building programme, which aims at building nearly 4,000 bridges in remote areas, will be kicked off next month, said Nguyen Van Huyen, director of the Directorate for Roads of Viet Nam. Under the programme, a total of 3,959 bridges, including ...
Urgent plans needed to adapt to climate change, rising sea levels
The historic drought this year affected 45,000 hectares of rice and crops, causing a loss of VND8.114 trillion in total. The drought and saline intrusion caused 2 million people to lack water for daily use, 1.75 million people to lose their livelihood, and put hundreds ...
Mineral exploitation pollutes towns, harms people's health
Mineral exploiters reap major benefits, but local residents living near the mines suffer as ore exploitation has negative consequences.On June 16, a red mud reservoir containing waste sludge from the titanium exploitation project of Tan Quang Cuong Company in Binh Thuan province broke down, leaving ...
Vietnam, Russia intensify cooperation in anti-corruption
The Government Inspectorate of Vietnam and Russia ’s Presidential Directorate for Countering Corruption have exchanged experience in the fight against corruption. During their talks in Moscow on June 27, Vietnamese Deputy Inspector General Dang Cong Huan and head of the PDCC Oleg Plokhoi briefed each other ...
Technology startups: high failure rate worries some investors
More than 60 percent of startups fail and 70 percent fail in the first year of operation. Rapid-fire good news has come to the Vietnamese technology startup community. US President Obama, during his visit to Vietnam in late May, announced that 500 Startups, the investment fund ...
Vietnam stock exchange to be based in HCM city
“The Vietnam Stock Exchange to be based in HCM City is within the Government’s goal of quickly turning HCM City into the country’s largest financial center,” Tran Dac Sinh, Chairman of the Management Board of the HCM City Stock Exchange, told business news site Bizlive. As ...
Garment industry moves to weather possible Brexit influence
Vietnam’s garment-textile industry has already taking possible Brexit influence into accounts while conjuring up measures to weather its possible negative impacts. Vietnam’s garment exports to the EU account for approximately 20 percent of the total volume with the UK contributing around 4 percent. Vu Duc Giang, Chairman ...
Proposed Taiwan megaproject in Ha Tinh needs PM approval
Taiwanese firm Wei Yu Engineering’s US$2.5-billion investment proposal in Ha Tinh Province must be approved by the Prime Minister, not the provincial government, said an official. Tran Tu Anh, director of Ha Tinh Department of Planning and Investment, told Dan Tri news website last week that ...
Son Tra Nature Reserve biodiversity threatened
Overlapping efforts and poor management among agencies pose serious threats to biodiversity in the Son Tra Nature Reserve, a biologist said during a dialogue on protecting the red-shanked douc langur. The Da Nang-based reserve is home to 300 red-shanked douc langurs, which are critically endangered and ...
