The expense is financed by the central reserve budget fund in 2018. Each project will be supported VND 30 billion to 60 billion to overcome coastal erosion and stagnant river mouth. The coastal erosion has increasingly threatened to the province’s coastal localities, and completely destroyed houses and seriously pressurized hundreds of houses in La Gi town and Tuy Phong district, near Phan Thiet City’s coastal areas in recent years. Amid the bad condition, the local authorities must evacuate households near the dangerous areas in order to ensure their lives and property. BY NGUYEN TIEN- Translated by Huyen Huong Tags: coastal erosion Binh Thuan province … [Read more...] about Government supports Binh Thuan to overcome coastal erosion
Government support
PetroVietnam calls on Government support for Block B-Ô Môn gas project
Viet Nam News HÀ NỘI — PetroVietnam has called on National Assembly deputies to propose creating favourable conditions to speed up the Block B-Ô Môn Gas project which is behind schedule. The project has been delayed, risking increasing the total investment and reducing the economic efficiency of the project, as well as slowing the Government’s revenue, said PetroVietnam’s deputy general director Nguyễn Quốc Thập at the corporation’s meeting with NA deputies in Cần Thơ City, Lạng Sơn and Cà Mau provinces last week. The Block B-Ô Môn Gas project is one of the two largest gas projects in Việt Nam to date, with total investment of roughly US$10 billion. It is expected to contribute $18 billion to the State budget during the project’s 20-year lifespan. The project is located in Malay-Thổ Chu basin, southwest Việt Nam, and comprises the development of a gas field … [Read more...] about PetroVietnam calls on Government support for Block B-Ô Môn gas project
Vietnam startups lack government support when it matters most
The lack of institutional support is one of major factors behind the failure of many startups to take off and thrive, experts say. “80-90 percent of startups fail in the early stages because they don’t have enough funding to move on to the expansion stage,” Phan Hoang Lan, head of Financial Planning Division of the Market Development Department under the Ministry of Science and Technology said. Funding for startups mostly come from venture capital funds, businesses and angel investors, not from the government, experts said at a recent conference. There are three periods in the development of a startup - discovery, validation and expansion, said Lan. It is in the first two periods that startups need funding the most, Lan said, adding that they end up raising money from family and friends or spending their own. This situation is very different from other countries like Singapore, where the government offers a variety of grants that can support up to 70 percent of a … [Read more...] about Vietnam startups lack government support when it matters most
Autistic kids need more gov’t support policies: experts
Viet Nam News HCM CITY — Children with autism spectrum disorder (ASD) face a lack of qualified facilities and government support policies, while parents lack sufficient knowledge about the disorder, experts said at a conference held in HCM City yesterday. The conference, with the theme “Autism: a Matter of Family and Society” was organised by the Việt Nam Fatherland Front of HCM City under the attendance of professionals, experts and parents. Autism is a bio-neurological developmental disability that generally appears before the age of three, according to the National Autism Association. Autistic children often have unusual responses to sensory inputs, and struggle with language, speech and sensory skills. Nguyễn Thanh Tâm, director of the city’s Integrated Education Support Centre for Children with Disabilities, said hospitals with pediatric departments, health centres and educational psychology facilities could test children for autism. … [Read more...] about Autistic kids need more gov’t support policies: experts
Garment, textile sector urges more government support
(VEN) - The Vietnamese garment and textile sector is forecast to achieve one of the highest growth rates over the next 12 years. It is a key economic sector in terms of employment creation and contribution to exports. However, the sector needs more government support to remove bottlenecks. Impressive results The Vietnamese garment and textile sector achieved impressive results in 2017. The sector’s export turnover reached more than US$31 billion, up 10.23 percent compared to the previous year. The rapid growth rate is expected to continue this year with an estimated turnover of more than US$33.3 billion. The sector is expected to grow by 14 percent over the next two years and a further 10 percent up to 2030. In addition to maintaining traditional markets such as the US, the EU, Japan and the Republic of Korea, domestic garment and textile businesses have been expanding to new markets such as China, Russia and Cambodia. Speaking at the fourth Vietnam Textile Summit 2018 held … [Read more...] about Garment, textile sector urges more government support
Kien Giang asks for government’s support in fixing urgent coastal erosion
Erosion on Tieu Dua beach, Kien Giang (Photo: VNA) Kien Giang (VNA) – The Mekong Delta province of Kien Giang has made a proposal for 300 billion VND (13.82 million USD) worth of Government aid in order to fix up its 14.5km span of severely eroded beaches. According to provincial Vice Chairman of People’s Committee Mai Anh Nhin, the three dangerous sections of coastal erosion are 5km in Mui Ranh, An Bien district; 7km in Xeo Nhau, An Minh district; and 2.5km in Son Hai island, Kien Luong district. They are in urgent of need of 100 billion VND (4.36 million USD), 140 billion VND (6.11 million USD), and 60 billion VND (2.61 million USD), respectively, for the construction of embankments. The local Department of Agriculture and Rural Development said the province has a 200-km sea dyke route running from Mui Nai in Ha Tien town to Tieu Dua canal in An Minh district. Kien Giang currently has 72km of eroded coastal areas, with a number of its locations losing 20m of protected … [Read more...] about Kien Giang asks for government’s support in fixing urgent coastal erosion
PM pledges to support Belgian businesses
Prime Minister Nguyễn Xuân Phúc (r) receives Minister-President of the Flanders region Geert Bourgeois in Hà Nội yesterday.— VNA/VNS Photo Thống Nhất HÀ NỘI — The Vietnamese Government supports and creates the best possible conditions for Belgian businesses and investors, including those from the Flanders region, Prime Minister Nguyễn Xuân Phúc has affirmed. He told visiting Minister-President of the Flanders region Geert Bourgeois in Hà Nội yesterday that Vietnamese businesses wanted to work with Belgian partners, and the Vietnamese Government has encouraged local people and enterprises to enhance co-operation with firms from the EU, including Belgium. The fact 80 Flanders businesses are accompanying Minister-President Geert Bourgeois during his visit to Việt Nam shows their confidence in the country’s development, he said. Việt Nam attaches importance to … [Read more...] about PM pledges to support Belgian businesses
Government News 30/3 (Hourly Updated)
Parliamentary groups asked to foster Vietnam-Romania ties Vice Chairman of the National Assembly Uong Chu Luu receives Chairman of the Romania-Vietnam Friendship Parliamentary Group Simion Lucian-Eduard in Hanoi on March 29. Vice Chairman of the National Assembly Uong Chu Luu has said that friendship parliamentary groups of Vietnam and Romania should maintain meetings and increase the exchange of information and experiences, thus fostering economic, trade and investment ties between the two nations. Luu made the statement while receiving a delegation of the Romania-Vietnam Friendship Parliamentary Group led by its Chairman Simion Lucian-Eduard in Hanoi on March 29. Luu reiterated that Vietnam always wants to consolidate and develop the friendship and multifaceted cooperation with Romania. Vietnam appreciated Romania’s support for Vietnam’s past struggle for national independence and reunification as well as the current process of national construction and … [Read more...] about Government News 30/3 (Hourly Updated)
Government data critical for businesses
Though Viet Nam has made great strides in streamlining administrative procedures and developing e-governance, more needs to be done to enable businesses and the public to access information from the Government, a roundtable heard in HCM City on Tuesday. Tran Ngoc Liem, deputy director of the Viet Nam Chamber of Commerce and Industry’s HCM City office, said businesses need many kinds of information such as domestic and global markets and the output of certain sectors, but they find it hard to get it. This is valuable information that helps businesses analyse their investment and trading opportunities, Liem said. He said the World Bank had an open data for business tool and hoped its working group would suggest recommendations and support Viet Nam’s efforts to successfully establish a digital government and open data. Open data is freely available online for anyone to use and reproduce. While social media, companies and non-government organisations (NGOs) can all be sources … [Read more...] about Government data critical for businesses
Malaysian government supports civil servants, pensioners
Pensioners in Malaysia (Photo: AFP/VNA)Kuala Lumpur (VNA) –Millions of Malaysian civil servants and pensioners on January 8 receivedspecial payment from the government, as previously announced in October 2017.Malaysian Prime Minister Najib Razakstated that the special payment will be 1,000 MYR (about 270 USD) for civilservants and 500 MYR (135 USD) for government pensioners.According to Malaysia’s 2018 Budget,1.6 million civil servants of the country will also receive additional 500 MYRin the Hari Raya festival (June 15) while government pensioners will receive250 MYR (67 USD).-VNA … [Read more...] about Malaysian government supports civil servants, pensioners