Small scale power generation projects

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 records six new COVID-19 infections on March 6 evening Vietnam logged six new COVID-19 cases on March 6 evening, all in northern Hai Duong province, the National Steering Committee for COVID-19 Prevention and Control reported. All the new patients had been previously quarantined and are being treated at a COVID-19 treatment hospital in Hai Duong province. By the evening of March 6, Vietnam had recorded a total of 2,507 COVID-19 patients, including 1,584 domestically-transmitted cases. Up to 891 domestic infections have been detected since the third wave of outbreaks hit the country on January 27. The Treatment Subcommittee said that 1,920 patients have recovered from the disease to date, while the number of deaths related to COVID-19 was still kept at 35. Among active patients undergoing treatment, 65 tested negative to the coronavirus SARS-CoV-2 once, 57 twice and 137 thrice. As many as 49,565 people who had close contact with COVID-19 patients or entered Vietnam … [Read more...] about VIETNAM NEWS HEADLINES MARCH 6

Vietnam reports most impressive growth in financial services regionally, particularly in the banking sector Global equity investment shed 13.1 per cent in the total number of transactions and plunged 33.8 per cent in total transaction value in the first half last year, compared to the corresponding period in 2019. Within the ASEAN-5 and Vietnam, equity transactions were slowing down last year compared to a robust 2019. The number of transactions dropped from 230 cases in the second half of 2019 to 200 cases in the first six months of 2020, meanwhile, the transaction value was curtailed by more than half, from $9.15 billion to just $4.3 billion. Amid chaos and uncertainties due to the coronavirus pandemic, Vietnam’s equity investment market has set a record with 59 transactions valued at $1.14 billion, a slight increase compared to 2019. Technology has maintained its growth momentum setting a five-year record in the number of transactions. Investments have channelled into … [Read more...] about Equity investment in Vietnam reaches new peak

by Minh Nguyễn With colours as words and patterns as metaphors, ethnic Chăm artisans in the Mekong Delta province of An Giang passionately create stories through weaving. Saymah is working on a handloom when I visit her family’s craft shop. She is among the experienced weavers of the Chăm community in Phũm Soài Village in Tân Châu District. Her husband, Mohamad, is the third generation of a family pursuing traditional handloom weaving. Their shop is small but full of handloom fabrics with colourful and charming patterns. Weaving is the language they use to create stories from threads. SPINNING TALES: The couple continue to tell stories through the tradition of Chăm weaving. VNS Photo Hồng Minh Colours as words, patterns as metaphors “Learning how to weave is like learning a language. You need to start with basic words,” the 58-year-old Saymah says. By words she means colours. The five basic colours of Chăm fabric are red, white, yellow, blue, and black. … [Read more...] about Stories told from threads on a loom