Metro line 2 paris

The investor, HCMC Management Authority for Urban Railways (MAUR), made the decision after failing to figure out why one of the Elastomeric Laminated Bearings pads had fallen out from its position between two beams on the line’s elevated section last October. These pads are made from high purity elastomers that encapsulate layered internal steel reinforcing plates and are designed for use in bridge and building constructions for beam support. The faulty pad was on the elevated section of the line, which runs 19.7 km (12.24 miles) from Ben Thanh Market in District 1 to Suoi Tien theme park in District 9. The incident, which happened in October, was detected after cracks were seen on a section in Thu Duc District, now part of the newly established Thu Duc City. Soon after, the contractor, a consortium comprising Vietnam’s Civil Engineering Construction Corporation No. 6 (Cienco 6) and Japan's Sumitomo Corporation, said they had fixed the issue, yet made no mention of how the pad … [Read more...] about Independent consultant to investigate beam fault on HCMC metro route

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

A production line at the The Ky Yarn Joint Stock Company (Photo: VNA) HCM City (VNS/VNA) - The textile and apparel industry , which managed to survive three waves of COVID-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn, according to the Vietnam National Textile and Garment Group . Le Tien Truong, its general director, said demand for face masks and personal protective equipment will shrink rapidly. Armed with their experience of coping with the pandemic, many textile and footwear enterprises are quietly confident of altering plans when required and finding new markets to cope with new situation after COVID-19 is under control. Sportswear has arguably been the most successful segment during the pandemic as awareness of physical exercise rose. According to Euromonitor International, in 2020 the demand for sportswear world-wide decreased only about 8 percent, the lowest in an industry which saw … [Read more...] about Vietnamese textile industry sees huge export opportunities

As 2020 is coming to end, how do you evaluate the development of businesses that received recognition during the Vietnam Value Programme? Vu Ba Phu, director general of the Trade Promotion Agency under the Ministry of Industry and Trade After 17 years of running the programme with seven times choosing national brands, we have witnessed the continuous growth of many domestic enterprises. At the first selection in 2008, we saw only 30 chosen companies with their products. By 2018, this number had grown to 97, and this year we have recorded 124 enterprises and their brands. However, the growth of the business community has not only happened in the number of participating businesses, but also export turnover, sales, and their contribution to the state budget, as well as their efforts in social responsibility and job creation. For example, firms recognised as national brands in 2018 reached a revenue of about VND907 trillion ($39.4 billion), with their export turnover … [Read more...] about Initiative’s success helped by quick response to pandemic

The complex in the Central Highlands province of Da Lak was built by French colonialists in the period 1930-1931 to exile and detain convicted central Vietnam partisans. Among them were pioneers in the Soviet Nghe Tinh movement. There are six main prison houses. All are lined up with high iron bar windows, solid walls, tiled roofs and meshes of barbed wire above the ceiling to prevent prison break. Being shackled depended on a prisoner's sentence and "level of danger". All inmates, especially political prisoners, survived under extreme conditions and were often brutally tortured. Prisoners were employed on construction sites, plantations or in factories under the close supervision of guards. Prison guards tortured new inmates prior to interrogation. Beside six collective prison houses, dark and damp, two-square-meter solitary confinement areas were reserved for loyal soldiers who had led the resistance, protests … [Read more...] about House of exiles draws history buffs to Buon Ma Thuot