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
The global compact for safe orderly and regular migration
Vietjet offering special promotion to celebrate International Women’s Day
A Vietjet flight (Photo: Vietjet) Hanoi (VNA) - Vietjet is offering a special promotion for four golden days from March 5 to March 8 to fly high quality throughout Vietnam with tickets priced from only 0 VND to celebrate International Women's Day (March 8). Accordingly, promotional tickets priced from only 0 VND are available for sale whole days with the flight period from March 8, 2021 to December 31, 2021 on the website www.vietjetair.com, Vietjet Air mobile app and Facebook at www.facebook.com/ vietjet vietnam (section "Booking"). In addition, Vietjet also offers passengers a gift of free 20kg checked baggage for all passengers buying tickets from now until March 31. The special offer is immediately applied as customers choose to include a 20kg baggage package when booking on all domestic flight routes with the flight time from now until April 25, 2021. Stay safe against the pandemic, fly safely with Vietjet and explore attractive destinations throughout the … [Read more...] about Vietjet offering special promotion to celebrate International Women’s Day
Economy remains on upward track
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
Vietnamese government to support unskilled laborers affected by Covid-19
The Hanoitimes - The support package delivery must ensure seriousness, publicity, transparency. The Vietnamese government will support unskilled laborers directly affected by Covid-19 pandemic from May 10, local media reported. It is expected that as of May 15, the government will finish paying the relief money to beneficiary groups, including revolutionary contributors, social assistance beneficiaries and poor people. At a recent regular meeting of the Vietnamese government, Minister of Labor, War Invalids and Social Affairs Dao Ngoc Dung affirmed that the support package delivery must ensure seriousness, publicity, transparency. “We have not received any negative feedback from the localities regarding the payment of the financial aids," Dung said. So far, 63/63 localities in Vietnam have delivered the welfare packages to the people in need; 40/63 provinces and cities have paid over VND20 trillion (US$855.57 million) for revolutionary contributors, social assistance … [Read more...] about Vietnamese government to support unskilled laborers affected by Covid-19
Agricultural cooperatives benefit hugely from investment in technology: experts
Preliminary processing of hydroponic vegetables at the Tuan Ngoc Agriculture Cooperative in HCM City’s District 9. (Photo: VNA) HCM City (VNS/VNA) - Many agricultural cooperatives have achieved high safety standards and quality in recent years thanks to their increasing adoption of technology, enabling them to achieve sustainability and improve farmers’ incomes . According to Lam Ngoc Tuan, Chairman of the Tuan Ngoc Agriculture Cooperative in Ho Chi Minh City’s District 9, his members use hydroponic vegetable cultivation techniques and achieve high yields, are not afraid of inundation during rains and high tides, grow plants evenly compared to those grown in soil, and plant the next crop right after harvest without waiting to prepare soil, increasing the number of crops in a year. The average yield of hydroponic vegetables is 500 million VND (21.500 USD) per hectare per year, 45 percent higher than soil. Experts say new technologies are key to advancing the … [Read more...] about Agricultural cooperatives benefit hugely from investment in technology: experts