East Sea stakeholders fear money will talk as Beijing showers economic largesse and extracts diplomatic mileage US Secretary of State Hillary Clinton (L) and Chinese Foreign Minister Yang Jiechi arrive for a bilateral meeting on the sidelines of the Association of Southeast Asian Nations (ASEAN) regional forum at the Peace Palace in Phnom Penh on July 12.Photo: AFP … [Read more...] about Cambodia’s in the bag, who’s next?
Burmese prime minister
Below are some of the main stories published today, June 15, in the Vietnamese press. Politics -- At the ongoing National Assembly's Q&A session, Deputy Prime Minister Nguyen Xuan Phuc on June 14 delivered a report on the country's socio-economic performances in the past five months. Accordingly, the inflation is under control and the Consumer Price Index in the first five months of this year only grew by 2.35 percent, the lowest rate in the last four years. Export rose 15.1%, while import surged 16.8%, in the reviewed period. Registered foreign direct investment reached US$8.52 billion, up 8.9% and the disbursed volume stood at $4.58 billion, an increase of 1.6%. The Deputy PM affirmed the Government's determination to best fulfill the 2013 socio-economic targets. Society -- A four-year-old girl died after falling off the 11th floor of an apartment building in Hanoi's Hoang Mai District yesterday afternoon. The little girl was said to have been taken by her grandmother to … [Read more...] about Breakfast @ Tuoitrenews – June 15
Da Nang sets economic goals towards 2030 The central city of Da Nang aims to have the GRDP growth of 9 – 11 percent and GRDP per capita ranging between 7,000 USD and 9,000 USD for 2018 – 2030. The goals were mentioned at a workshop held by the municipal People’s Committee on June 11 to discuss the city’s development by 2030 with a vision towards 2045. The workshop gathered urban planners, economists and policy makers both at home and abroad. These experts shared hands-on experience from a number of local and foreign cities to give leaders of Da Nang a broader view of the city’s advantages, competitiveness, capacity to expand urban spaces in tandem with development of public transport, and how to build policies and raise capital for infrastructure development and develop the city sustainably. To meet the achievements, Da Nang plans to achieve strong economic growth with breakthroughs by promoting Industry 4.0 and international integration; develop a … [Read more...] about BUSINESS IN BRIEF 13/6
Democracy leader Aung San Suu Kyi kicked off her historic first trip overseas in more than two decades with a visit to meet Myanmar migrant workers in Thailand on Wednesday. Hundreds of people packed a narrow street in Samut Sakhon province south of Bangkok, where the opposition leader, who has ventured abroad for the first time since 1988, was due to address them. Cheering Myanmar migrants held up banners with Suu Kyi's picture and signs in Burmese and English that read "Free Burma" -- referring to the country's former name -- and "We want to go home". "I am very happy and I want to cry. I feel that we will get democracy in Myanmar," said Phyu, who has been in Thailand for six years. Suu Kyi's foray onto the world stage is a significant indication of confidence in dramatic changes that have swept her homeland since a near 50-year military dictatorship was replaced with a quasi-civilian regime last year. The former political prisoner, who won a seat in parliament in historic … [Read more...] about Cheering Myanmar migrants await Suu Kyi in Thailand
Kien Giang pulls plug on projects The southern Kien Giang Province People's Committee has pulled the plug on 11 projects in Kien Luong District following undue delays by the investors in proceeding with them. It has ordered the Department of Planning and Investment to revoke the licences issued for the projects. Le Khac Chi, the department director, said the projects have a combined investment of VND7.2 trillion (US$345.8 million). One of them, which sought to build infrastructure for the 2,595-hectare Kien Luong Industrial Park and the Khoe La Port (100ha) alone was worth VND7 trillion. All of them had been approved between 2006 and 2011, but fell behind schedule, Chi said. The committee also instructed the department to review the progress of 21 other long-delayed projects also in Kien Luong to find the cause and solutions. Among them are four large projects - a thermal power costing $6.7 million planned by the Tan Tao Group, the VND2.6 trillion ($128.7 million) Hon Chong Port by … [Read more...] about BUSINESS IN BRIEF 14/3