Pitmaster january 15 2018

Compared to the same period last year, the number of investment projects was 2.14 times higher, and the value of investment projects was 25 times higher. Currently, Binh Dinh is striving to complete the procedures and guidelines to create the best conditions for enterprises to implement projects soon. According to Binh Dinh Investment Promotion Center, the prospect of investment attraction in this province this year is extremely optimistic. Many domestic investment enterprises have been maintaining good production and business activities and gradually recovering to expand projects. Especially, foreign investors are still largely interested and have confidence in the province. By Ngoc Oai – Translated by Thanh Nha … [Read more...] about Binh Dinh attracts 15 projects with total investment of nearly VND24 trillion

Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. … [Read more...] about VIETNAM BUSINESS NEWS MARCH 6

Vietnam has been one of the best-performing global economies for the past 10 years. Photo: Le Toan In December and January, when the country began to be hit by a resurgence of COVID-19, a team of specialists from the ASEAN+3 Macroeconomic Research Office (AMRO), a regional macroeconomic surveillance organisation based in Singapore, held a virtual annual consultation with Vietnamese authorities. The discussions focused on the impact of the pandemic on the Vietnamese economy and policy response in supporting recovery while maintaining stability. “Vietnam’s economic growth slowed to 2.91 per cent in 2020 due to the pandemic but is expected to rise to 7 per cent in 2021,” said AMRO lead specialist Seung Hyun Luke Hong. “The rebound is expected to be underpinned by a recovery in external demand, a resilient domestic economy, capital inflows, and increased production capacity.” According to AMRO, after a sharp drop in the second quarter, economic growth started to rebound in the … [Read more...] about Economy remains on upward track

Loading rice for export at Sai Gon port (Photo: VNA) HCM City (VNA) - Increasing global demand , stable domestic production , and better rice quality count among the reasons Vietnam can be confident its rice exports will prosper again in 2021 and surpass the 3.1 billion USD in revenue posted in 2020, despite a significant decline in the first two months of this year. According to figures from Vietnam Customs , Vietnam earned 192 million USD from shipping nearly 348,000 tonnes of rice overseas in January, down 34.2 percent in value and 36.4 percent in volume against December and 2.4 percent and 15.4 percent, respectively, year-on-year. As the Lunar New Year (Tet) holiday fell in February, the month’s export turnover is expected to be down. Nguyen Van Don, Director of Tien Giang province’s Viet Hung Limited Company, said the beginning of the year is never the peak time for trade, as consumers have already purchased rice for the long holiday period at the end of … [Read more...] about Rice exports to see bright outlook this year

Walking their dog after dinner has always been a favorite daily activity of Tho Pham and his wife, a Vietnamese couple who live with their 39-year-old son in Garden Grove City, California. But not in the last few months as the wave of anti-Asian violence and harassment has terrified him. "I do not dare go out without my children because I am afraid someone will knock me to the ground or stab me to death just because I am Asian," he laments, adding that the hate crimes have disrupted his daily life. Many other Vietnamese share his apprehension, especially older people. Wally Ng, a member of the Guardian Angels, patrols with other members in Chinatown in New York City, New York, U.S., May 16, 2020. Photo by Reuters. Violence and hatred directed at Asian Americans, which also includes mugging, have surged across California since the beginning of the Covis-19 pandemic as Asians are blamed for its origin in Wuhan, China. Videos of an Asian woman being punched in the … [Read more...] about Vietnamese in U.S. rattled by rising hate crimes against Asians