Decreasing greenhouse gas emissions

Detailed map for 404 caves of Phong Nha cave system created After some 30 years of research, experts from the British Royal Caves Association (BCRA) has created a detailed map for 404 caves that have staggering length of 231km in Phong Nha-Ke Bang National Park in Quang Binh Province. … [Read more...] about British cave experts invited to design cave tours in Thai Nguyen

Vietnamese enterprises have delivered and received goods at Vietnamese ports, so the right to hire vehicles is undertaken by foreign partners, Vietnamese shippers depend entirely on foreign shipping companies and are forced to pay surcharges implemented by those shipping companies, according to Nhat. … [Read more...] about Shipping industry needs State support to develop: ministry

Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry

Asked what Vietnam should do in the next development period, Cuong from ADB said Vietnam needs to continue the process of shifting to a market economy. It is necessary to encourage the development of the private sector, because only a dynamic private sector will help Vietnam overcome difficulties. … [Read more...] about Vietnam shows its ‘firm stuff’ after five years of difficulties

The large-cap basket also witnessed a strong decrease of more than 3 per cent. The VN30-Index fell 3.09 per cent to 1,118.59 points. Only two of the 30 largest stocks posted a rise, while 28 stocks declined. The two stocks which recorded a gain this morning, were property developers including Nova Land Investment Group Corporation (NVL) up 0.13 per cent and FLC Faros Construction JSC (ROS) up 0.88 per cent. … [Read more...] about Market plunges on selling pressure