Le Thi Tu, a woman living in the heritage-rich Hue City of Thua Thien-Hue Province, located in central Vietnam, knows her way to liven up the holiday spirit with the exuberant scent of candied cassava, a humble homemade recipe that she has perfected over five decades. … [Read more...] about ‘Poor man’s candy’ recipe sparks off Tet holiday spirit in Vietnam
Oil sands greenhouse gas
British cave experts invited to design cave tours in Thai Nguyen
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
Shipping industry needs State support to develop: ministry
Due to the COVID-19 pandemic, the growth of volume in 2020 was 4 per cent, slower than the annual average. Of which, the volume of container cargo through the local seaports in 2020 was estimated at 22.1 million TEU, up 13 per cent compared to 2019. — VNS … [Read more...] about Shipping industry needs State support to develop: ministry
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