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JAKARTA -- Indonesia will more than double its disaster response budget to 15 trillion rupiah ($1.06 billion) in 2019, officials said on Tuesday, after a series of major natural disasters devastated three regions of the vast archipelago last year. The Southeast Asian country suffered its deadliest year in over a decade in 2018, when over 3,000 people died in tsunamis and earthquakes in Sulawesi, Lombok, and West Java and Sumatra islands. Indonesia straddles the seismically active Pacific Ring of Fire and sees frequent earthquakes, volcanic eruptions, tsunami, and localized incidents like landslides, floods, and forest fires. “The funds have been prepared in anticipation of 2019,” said Askolani, budgeting director general at the finance ministry. Five trillion rupiah would be allocated to rehabilitation and reconstruction, while 10 trillion would be reserved for disaster response, said finance ministry spokesman Nufransa Wira Sakti. President Joko Widodo, who is running for … [Read more...] about Indonesia to double disaster relief budget in 2019 after year of tragedies

Read what is in the news today: Politics -- Vietnam always considers Germany an important partner, Vietnamese National Assembly Chairwoman Nguyen Thi Kim Ngan told President of Germany’s Hessen State Parliament Boris Rhein during a reception in Hanoi on Tuesday. -- A Vietnamese delegation led by Deputy Foreign Minister Le Hoai Trung attended the second Paris Peace Forum that opened on Tuesday under the chair of French President Emmanuel Macron. Society -- There has been an uproar in Hanoi after local authorities sought to spend VND200 billion (US$8.6 million) subsidizing local water companies which purchase treated water from the Song Duong Surface Water Treatment Plant at an unreasonably high price of VND10,246 ($0.44) per cubic meter, as its loan interest accounts for 20 percent of the wholesale price. -- Japan will provide Ho Chi Minh City with $17.5 million in non-refundable aid to restore 2.75 kilometers of a storm drain dating back to the French colonial period on … [Read more...] about Breakfast @ Tuoi Tre News – November 13

Vietnam’s coal and crude oil imports surged in the first ten months of this year, government data released on Tuesday showed, highlighting the Southeast Asian country’s increasing reliance on imported energy to support its fast-growing economy. Vietnam has one of the fastest-growing economies in Asia, backed by robust exports and foreign investment. Economic growth this year is expected to surpass the government’s target range of 6.6%-6.8%, as the country benefits from the Sino-U.S. trade war. The strong growth has boosted demand for coal. Imports of the commodity, mostly from Australia and Indonesia, during the January-October period more than doubled from a year earlier to 36.8 million tonnes, valued at $3.25 billion, the Customs Department said in a statement. The imported coal will mostly be used for the country’s growing fleet of coal-fired power plants, which will still play a key role in its power generation mix for the years to come even as Hanoi … [Read more...] about Vietnam’s coal, crude oil imports surge on rising energy demand

The Third International Industrial Exhibition Expo-Russia Vietnam 2019 will be held at the National Exhibition Construction Center in Hanoi from November 14 to 16, the organizer Zarubezh-Expo, OJSC said in a press release on Tuesday.   Within the framework of the exhibition, the Vietnam Chamber of Commerce and Industry will organize the Russian-Vietnamese business forum, centered on economic cooperation in building free trade zones. The opening ceremony will take place at 11:00 am on Thursday at 1 Do Duc Duc, Me Tri, Nam Tu Liem, Hanoi. The ceremony is expected to be attended by Vietnamese and Russian government, ministry, and officials, business leaders, and the diplomatic missions of both countries. The exhibition is being organized with the support of the Ministry for Foreign Affairs of the Russian Federation, the Chamber of Commerce and Industry of the Russian Federation, the branch ministries of the Russian Federation, and the branch ministries of Vietnam It is meant to spur … [Read more...] about Expo-Russia Vietnam 2019 to take place in Hanoi this week

A court in the southern Vietnamese province of Binh Duong on Tuesday sentenced a local man to death for murdering three people in a family in late April. Tran Trong Luan, 34, a resident in Binh Duong’s Tan Uyen Town, was convicted of murder and robbery. According to the indictment, Luan broke into the house of 54-year-old Dao Thi Thu Cuc, located about 50 meters from his home in Tan Uyen, on the night of April 24 with the intention of robbing the place. Cuc ran a grocery store at her house. Before breaking into the residence, Luan had used metal wires to secure the doors of nearby houses from the outside so that neighbors would not be able to assist the victims when they called for help. He also wore gloves and socks so as to leave no fingerprints or footprints behind at the crime scene. During the robbery, Cuc caught Luan red-handed going through her closet and ended up being killed by having her throat slit open by the home intruder. After murdering the woman, Luan … [Read more...] about Vietnam man gets death for murdering 3 people in family during robbery attempt