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Delays in the overpass construction escalated initial budgets The Dong Nai People’s Committee up to now has issued decisions on the land acquisition and approved compensations worth over VND944 billion (about US$40.8 million) for 17 out of 18 organizations affected by the airport construction, on an area of more than 1,800 hectares. However, some 177 households have not handed over the site, while multiple others own lands with unknown origins or no legal documents, leading to delays in the whole site clearance process. Meanwhile, the site clearance cost and total investment of the overpass construction project at Dau Giay intersection escalated to nine times the original estimate due to delays in site clearance caused by civil conflicts. In light of the situation, the Dong Nai Province People’s Committee assigned relevant units to promptly handle the compensation and handover process by confirming the origin of land, houses, structures and prepare compensation and support … [Read more...] about Roadblocks in Long Thanh Intl’ Airport construction to promptly be resolved

Songs and music pieces by late musician and author Bac Son, one of the region’s leading artists in music, theatre and movies in the 1980s and 90s, can be seen on a YouTube channel. Songs and music pieces by late musician-author Bac Son, one of the region’s leading artists in music, theatre and movies in the 1980s and 90s, can be seen on a YouTube channel. Photo courtesy of the producer The channel, Tình Ca Bắc Sơn - Tập Đoàn An Nông (Bac Son’s love songs - An Nong Group), includes many works portraying southern people and their culture by artist Bac Son. Many documents and articles on the artist’s life and career are also featured. On the channel, music lovers can search Bac Son’s works arranged by topics by using key words. “Through YouTube, we hope fans, singers, composers and music producers can work together to introduce Vietnamese music and musician-author Bac Son in particular,” said theatre actress-singer Bich Thuy, one of the channel’s producers. … [Read more...] about Late musician-author Son’s art appears on YouTube

Vietnam begins COVID-19 vaccination on March 8 Vietnam launches its COVID-19 inoculation drive on March 8 morning, administering the AstraZeneca vaccine to medical workers in Hanoi, Ho Chi Minh City and northern Hai Duong province – the country’s biggest pandemic hotspot at present. The vaccination is conducted at the Central Hospital for Tropical Diseases in Hanoi, the HCM City Hospital for Tropical Diseases and two medical centres in Hai Duong. As many as 100 staff members of the Central Hospital for Tropical Diseases are expected to receive the shots in the morning of March 8. The hospital is allocated 450 doses among the first batch of 117,600 doses of AstraZeneca vaccine the country has received. In Hai Duong, 50 medical workers at Hai Duong city’s medical centre, and 30 others at Kim Thanh district’s medical centre will be the first in the province to be injected. The Ministry of Health has allocated the vaccine to 13 localities, along with the Ministry of National … [Read more...] about VIETNAM NEWS HEADLINES MARCH 8

Small investors oppose expanding trading lot Ho Chi Minh City Stock Exchange (HOSE)’s proposal to raise the minimum trading lot to 1,000 shares is receiving mixed opinions from market experts and investors. The proposal was initiated by newly-appointed General Director of HOSE Le Hai Tra as a solution to reduce system overloads which have troubled traders recently. A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality, said a budding investor. “My friends and I, when joining the stock market, only have a few tens to several hundreds of millions of dong, raising the minimum trading lot to 1,000 shares will directly affect our investment capacity,” said individual investor Diep. “With expensive stocks, we may have to spend hundreds of millions of dong to buy the minimum 1,000 shares,” she said. According to Diep, the stock market has never had such a chance for growth. New cash flow into … [Read more...] about VIETNAM BUSINESS NEWS MARCH 8

Chamnan Wangakkarangkul, Tran Quang Khanh, and CPV leaders at the online conference Also involved were Chamnan Wangakkarangkul, C.P. Vietnam Corporation (CPV) vice chairman cum president of the CPV Sustainable Sourcing Committee; Tran Quang Khanh, chief technology officer of SGS Vietnam; and numerous suppliers and leaders of CPV. The conference aimed to develop a sustainable husbandry sector and a chance for CPV and its suppliers to share new concepts and experiences to improve the performance of their collaboration and business outcomes towards sustainable development and environmental protection. Wangakkarangkul said, “Suppliers are the key part for our supply chains’ success and growth. Thereby, we believe that long-term sustainable success should be based on social and environmental responsibilities through cooperation between CPV and its suppliers. The conference is an important development to boost the relationship as well as create more opportunities for suppliers and … [Read more...] about CPV conference focus on growth via cooperation