Chairman house oversight committee

Low disbursement rate The important project of building urban railway line No.3 connecting Nhon and Hanoi Station (with a total length of 12.5km and an investment of VND32.9 trillion) is facing slow progress with only 43% of investment disbursed. Investment capital in railway line No.2 connecting Nam Thang Long and Tran Hung Dao also cannot be disbursed in time in 2020 due to project adjustments after the Law on Public Investment was enacted. The Yen Xa wastewater treatment plant project started in October 2016 with investment of over VND16 trillion but only 40% of construction items has been completed. These are key public investment projects in Hanoi that are stagnant, with low disbursement rates. In addition, there are a number of other sluggish projects such as 11 projects to build police headquarters at district, commune and ward levels with a total investment of VND237 billion and only 40% of capital disbursed as well as the project to build the Le Van Luong - Belt road … [Read more...] about Hanoi strives to accelerate disbursement of public investment

The Hanoitimes - On the occasion of the 25th anniversary of the US-Vietnam diplomatic relations, US companies shared with Hanoitimes their expectations about opportunities for their investment expansions in Vietnam. Dr. Mason Cobb, chairman of Victoria Healthcare International Clinics After Vietnam achieved the middle income status and ODA decreased, the Vietnamese government became more accommodating for investment and that continues to this day. Dr. Mason Cobb, chairman of Victoria Healthcare International Clinics However, it is still not a truly level playing field with local companies. The attitude and perception, and spirit of cooperation has become much warmer and more understanding than during that difficult middle period. More importantly, the company’s mission in healthcare as primarily helping Vietnam build a world-class healthcare system. To that end, the company brings Vietnamese to the US and bring educational and other assets to Vietnam to … [Read more...] about US companies continue to see tremendous investment opportunities in Vietnam

Visitors to the Hùng Temple Relic are asked to wear masks and keep their distance from others. — VNA/VNS Photo Trung Kiên HÀ NỘI — The Hùng Kings Festival, which pays tribute to the founders and first kings of the nation, will be held similarly to last year, with ceremonial activities but no festivities. The plans for the national major festival were decided at a meeting of the People's Committee of the northern province of Phú Thọ where it is held annually. The ceremonies will be conducted with the death anniversary of the great father of the nation Lạc Long Quân and the incense offering to commemorate great mother of the nation Âu Cơ on April 17 and incense offering ceremony to commemorate the Hùng Kings and the flower offering ceremony on April 21. Speaking at the meeting, vice chairman of the Provincial People's Committee Hồ Đại Dũng said the event would take place in a respectful atmosphere, while strictly abiding by measures to prevent COVID-19 from … [Read more...] about Hùng Kings Festival 2021 to exclude festivities