Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. … [Read more...] about VIETNAM BUSINESS NEWS MARCH 6
Ani news agency
Agricultural cooperatives benefit hugely from investment in technology: experts
Preliminary processing of hydroponic vegetables at the Tuan Ngoc Agriculture Cooperative in HCM City’s District 9. (Photo: VNA) HCM City (VNS/VNA) - Many agricultural cooperatives have achieved high safety standards and quality in recent years thanks to their increasing adoption of technology, enabling them to achieve sustainability and improve farmers’ incomes . According to Lam Ngoc Tuan, Chairman of the Tuan Ngoc Agriculture Cooperative in Ho Chi Minh City’s District 9, his members use hydroponic vegetable cultivation techniques and achieve high yields, are not afraid of inundation during rains and high tides, grow plants evenly compared to those grown in soil, and plant the next crop right after harvest without waiting to prepare soil, increasing the number of crops in a year. The average yield of hydroponic vegetables is 500 million VND (21.500 USD) per hectare per year, 45 percent higher than soil. Experts say new technologies are key to advancing the … [Read more...] about Agricultural cooperatives benefit hugely from investment in technology: experts
Vietnam turns green light to export of medical masks to pandemic-hit countries
The Hanoitimes - The move is taken to support domestic producers in overcoming the unprecedented crisis due to the Covid-19 pandemic and these items are only allowed to export to countries heavily affected by the coronavirus. The Vietnamese government has allowed the export of medical masks, protective clothing and medical equipment, provided that domestic demand for those items is met (including for reserves), VnExpress quoted Prime Minister Nguyen Xuan Phuc as saying at a meeting on April 15. The move is taken to support domestic producers in overcoming the unprecedented crisis due to the Covid-19 pandemic and these items are only allowed to be shipped to countries affected by Covid-19. Illustrative photo Under the Vietnamese government’s resolution dated February 28, in the context of the Covid-19 pandemic, medical face masks could be shipped out of the country only for the purpose of international aid provided by the Vietnamese government. In addition, … [Read more...] about Vietnam turns green light to export of medical masks to pandemic-hit countries