Spreading good news

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

Many areas in Cambodia's Sihanoukville city have been locked down to prevent the spread of the pandemic (Photo: VNA) Phnom Penh (VNA) - The National Assembly of Cambodia on March 5 unanimously approved a draft Law on Measures to Prevent the Spread of COVID-19 and other Highly Contagious Diseases, which clearly stated financial penalties and prison sentences for violators. As reported by China's Xinhua News Agency , all 83 lawmakers, who were present at the parliamentary session, passed the bill that consisted of six chapters and 18 articles. Senior lawmaker Lork Kheng said under the law, quarantine escapees, who lead to the spread of COVID-19 to others, will be punishable by six months to three years in prison and a fine of 2,500 USD dollars. A COVID-19 patient fleeing treatment or a Ministry of Health-designated treatment facility will be imprisoned from one to five years and a fine of 5,000 USD, Kheng said, adding that the jail term will be increased to 10 years if … [Read more...] about Cambodia passes tougher law for prevention of COVID-19 spread

Around $200 billion is now in tumult after a succession of days of network congestion and the news about the required increase in minimum trading lot from 100 to 1,000 shares on the HCM City stock market. Nguyen Giang, owner of The Way Coffee, completed the procedure to open an account at SSI Hanoi Branch after hearing that the HCM CIty Stock Exchange (HOSE) was planning to increase the required minimum trading lot from 100 shares to 1,000 shares. The reason behind the plan, as explained by Le Hai Tra, HOSE’s CEO, was to ease the overload. However, this was not good news for many investors, including Giang. Because of Covid-19, he no longer can work as an outbound tour guide, which he did for 10 years. In 2020, he opened a street coffee shop. However, the third Covid-19 outbreak once again affected his business. Giang then decided to make financial investments as he has confidence in the bright prospects of the stock market. However, the calculations of the investor may … [Read more...] about New regulation on minimum trading lot at HOSE aims to keep small investors away

With a low starting point and more than 70% of the population living in rural and mountainous areas, the completion of that task depends greatly on the effective application of scientific and technological achievements as well as the potentials ofeach region in order to restructure and promote the development of agriculture in the direction of commodity production, controlling the domestic market, and step by step reaching out to regional and international markets. The undertakings and policies of the Party and State all aim to affirm that the transfer of scientific and technological application in agricultural production is an especially important breakthrough in promoting agricultural production and rural economy. On October 13, 2015, the Prime Minister signed Decision No.1747/QD-TTg approving a programme on supporting the application and transfer of scientific and technological progress to promote socio-economic development in rural, mountainous and ethnic minority areas in the … [Read more...] about Science and technology contribute to help farmers escape poverty

The Hanoitimes - Many benefactors are giving free meals, face masks and essential items to alleviate the hardships of the destitute in Hanoi city every day during Covid-19 pandemic time. Times of crisis can often bring out the best in people. The Covid-19 evolution remains unpredictable in Hanoi, thus deeds of many kindhearted Hanoians’ have been of great encouragement for the poor’ hearts in the capital city to overcome the pandemic time. The shining examples not only show kindness of Vietnamese people amid the pandemic, but also surprise a lot of foreigners in Vietnam and in the world. Donation of food and essential items Many benefactors are giving free meals, face masks and essential items to alleviate the hardships of the destitute people in Hanoi city every day during Covid-19 pandemic time. The Hanoi city government has urged shops that sell non-essential goods and provide services to temporarily shut down to prevent Covid-19 from spreading. Although … [Read more...] about Charity acts warm the poor’s hearts in Hanoi in pandemic time