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1 million to invest

/ March 5, 2021

Work on $15-million textile factory underway in Tây Ninh

The factory's ground breaking ceremony. — VNA/VNS Photo Đức Hoảnh TÂY NINH - The Happytex Joint Stock Company began construction on Thursday of a US$15 million textile factory at the Trảng Bàng Industrial Park in the southern province of Tây Ninh. Covering an area of 25,000sq.m, the factory is designed to produce 2,000 tonnes of woven fabric each year for export. Construction is scheduled for completion in six months. According to the Management Board of Economic Zones of Tây Ninh, since the beginning of this year local industrial parks and economic zones have attracted four projects, including three foreign-invested projects worth $373.12 million USD. As of February, the province had attracted 364 investment projects, including 265 FDI and 99 domestically-invested projects with combined capital of over $8.3 billion, creating jobs for nearly 34,000 workers, it said. — VNS …

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/ March 5, 2021

Work on $15-million textile factory underway in Tay Ninh

The factory's ground breaking ceremony. — VNA/VNS Photo Duc Hoanh The Happytex Joint Stock Company began construction on Thursday of a US$15 million textile factory at the Trang Bang Industrial Park in the southern province of Tay Ninh. Covering an area of 25,000sq.m, the factory is designed to produce 2,000 tonnes of woven fabric each year for export. Construction is scheduled for completion in six months. According to the Management Board of Economic Zones of Tay Ninh, since the beginning of this year local industrial parks and economic zones have attracted four projects, including three foreign-invested projects worth $373.12 million USD. As of February, the province had attracted 364 investment projects, including 265 FDI and 99 domestically-invested projects with combined capital of over $8.3 billion, creating jobs for nearly 34,000 workers, it said. — VNS …

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/ March 5, 2021

Cameras hoped to reduce traffic accidents on Central Highlands pass

The decision was made after a series of accidents occurred on Bao Loc, a pass located on Highway 20. Accordingly, Lam Dong People’s Committee is set to spend VND26 billion ($1.12 million) to install 12 cameras at every bend and turn. The 10-kilometer Bao Loc Pass is an important route connecting the country's southeastern region to Lam Dong’s two towns, Da Lat and Bao Loc. While Da Lat is already a famous tourist destination, Bao Loc is both underrated and offbeat with a quiet and calm atmosphere, amazing waterfalls and many great tea and coffee farms. According to a representative of Lam Dong’s traffic police department, installing the cameras would help police monitor careless and reckless driving - a main cause of accidents on the pass. "We are completing legal procedures and budget plans for work to start in May," he stated. To reduce the number of increasing traffic accidents, Lam Dong People's Committee urged patrols be strengthened and traffic police be deployed 24/7 at high-risk spots. According to the Traffic Safety Committee of Lam Dong, from Dec. 15, 2020 to the end of Feb. this year, the province recorded 36 accidents, up by 17 cases compared to the same period last year, killing 25 people and injuring 21. On Bao Loc Pass alone, 10 accidents occurred and one person died. Recently, Lam Dong Province proposed a plan to build 67-kilometer Tan Phu-Bao Loc Expressway with an investment of nearly VND19.5 trillion ($841 million) to reduce the traffic load on Highway 20. …

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