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At the working session (Source: VNA) An Giang (VNA) – Chairman of the An Giang province People’s Committee Nguyen Thanh Binh has called for more support from the World Bank (WB) for the locality to implement climate change adaptation and sustainable development projects. During a working session on December 12 with a delegation led by Regional Director for East Asia and Pacific at the WB Benoit Bosquet, Binh said that the six projects of the locality will concentrate on sustainable livelihood for local residents, safe agriculture development, water supply and waste water treatment, and dealing with landslides along coasts and river banks. The projects will be implemented with a total investment of around 172.63 million USD, and priority will be given to the building of a waste water collection and treatment system in Tan Chau town. Binh appreciated the WB’s support for An Giang in implementing sustainable development programmes, saying that … [Read more...] about An Giang calls for WB’s support in sustainable development

Permanent Vice Chairman of the HCM City People’s Committee Le Thanh Liem speaks at the sesion (Photo: VNA) Ho Chi Minh City (VNA) – Ho Chi Minh City is prioritising foreign investment into projects on urban infrastructure and environment treatment, said Permanent Vice Chairman of the municipal People’s Committee Le Thanh Liem on December 13. At a working session with representatives of the American Chamber of Commerce in Vietnam, the official further said authorities of the southern hub also hope the US business community will take an active part in investing in and providing technical support for the city. Liem elaborated that HCM City authorities are prioritising foreign investment into projects on smart city, innovative city, waste and effluent treatment, and urban infrastructure, and asked the US business community to contribute ideas to the acceleration of the relations between the city and the US. For her part, Chairwoman of the chamber Amanda Rasussen said … [Read more...] about HCM City calls on US firms to boost investment

Thailand’s exports in January-October 2019 reduced 2.4 percent year-on-year to 207.32 billion USD, while imports declined 4.1 percent to 199 billion USD. (Illustrative image. Source: thainews.prd) Bangkok (VNA) – Thailand’s Ministry of Commerce plans to cooperate with the private sector to promote trade in 16 countries to boost export growth in 2020, according to a local official. After talks with commerce officials on December 9, Thai Deputy Prime Minister cum Commerce Minister Jurin Laksanawisit revealed that trade destinations targeted for 2020 include India, Japan, South Africa, Sri Lanka, Hong Kong, China, Vietnam, France, the UK, the Middle East, Russia, Australia, New Zealand, the Republic of Korea, Bangladesh, the Maldives, Cambodia and Timor Leste. Local media reported that Jurin has ordered commerce officials and directors of Thai trade centers in 58 offices worldwide to seek opportunities to start new regional trade and cooperation agreements with states … [Read more...] about Thailand promotes trade to support exports

The newly opened Ngoc Linh Ginseng Museum in HCM City boasts over 400 varieties of the healing plant called a national treasure.  A 250sq.m museum includes displays, pictures and a national map depicting the distribution of varieties of Ngoc Linh ginseng. VNA/VNS Photo The museum opened in early December at No. 374 Nguyen Son Street in Tan Phu District. It includes a display of Ngọc Linh ginseng tubers that are worth billions of Vietnamese dong. Nguyen Tan Viet, museum director, said that Ngoc Linh ginseng, which has medicinal properties, reflects the history and culture of Vietnam. "Having researched for years, I had a strong desire to build a museum so that others could appreciate and learn more about this precious ginseng species," Viet said. The museum is open to the public daily except Tuesday. – VNS Ginseng men in the midst of Ngoc Linh forest A group of men neatly wrapped themselves in three layers of clothing in the middle of a summer night in July, … [Read more...] about Ngoc Linh Ginseng Museum opens in HCM City

Vietnam is the holy grail for global beer companies, with the market continuing to grow while many others have flatlined, but the competition is fierce (Photo: VNA) Moving cases beer at a Sabeco factory (Photo: VNA) HCM City (VNS/VNA) - Vietnam is the holy grail for global beer companies, with the market continuing to grow while many others have flatlined, but the competition is fierce.    The country’s beer market, now exceeding the four-billion-litre mark, is expected to reach 4.6 billion litres by 2025 and 5.5 billion litres by 2035. It has always grown at over 5 percent even as many other markets plateaued or declined in recent years. All these mean not only foreign investors but also large domestic companies in other sectors cast covetous glances at it. Thai conglomerate TCC Group, after buying a majority stake in the Saigon Beer Alcohol and Beverage Corporation (Sabeco), is now eyeing shares in other brewers. Dutch company … [Read more...] about Vietnam’s beer market sees fierce competition