Cycling weekly magazine

The provincial People’s Committee said on March 22 that it approved in principle the organization plan by the Department of Culture, Sports and Tourism. The event, the second of its kind, will take place in all the 12 cities and districts in the province, featuring special programs, according to the department. The theme of “Tourism of experience, culture and cuisines” is picked up for Da Lat and Lac Duong, Lam Ha, Duc Trong and Don Duong districts, with 14 programs, including an opening ceremony, an international music festival, exhibitions and art performances. Community tourism will be promoted in Bao Loc city and Bao Lam, Di Linh and Dam Rong districts during the week through a folk dance festival, hot mineral bath services and a cycling tournament. Other districts – Da Hoai, Da Ter and Cat Tien – will host a paragliding tournament, folk games, cycling tournaments and other sport activities. Situated on a plateau around 1,500 meters above sea level, Da Lat enjoys … [Read more...] about Tourism week to take place in Lam Dong late April

The maximum short-term lending rate for borrowers in some sectors will be reduced, photo Le Toan The State Bank of Vietnam (SBV) last week took bold steps to soften the regulatory interest rates for the first time in two years, in a bid to support the capital-thirsty local business community. The central bank issued two decisions on reducing key interest rates by 0.5 to 1 per cent, which took effect on March 15. Under Decision No.313/QD-NHNN, the rediscount interest rate will be revised down from 4.5 per cent per year to 3.5 per cent. Overnight lending rates in interbank electronic payments and loans to cover capital shortfalls in clearing payments of the SBV for credit institutions will be dropped from 7 per cent per year to 6 per cent. Particularly, the refunding interest rate will remain unchanged at 6 per cent on an annual basis. Meanwhile, under Decision No.314/QD-NHNN, the maximum short-term lending rate in VND of credit institutions for borrowers to meet capital needs … [Read more...] about Careful action required to curb inflation threat

Senior Colonel Nguyen Hong Hai, PAN’s Deputy Editor-in-Chief, and representatives of the PAN received the Lao delegation. On behalf of the unit, Senior Colonel Nguyen Hong Hai expressed his delight at welcoming the Lao delegation, hoping that they would have a successful visit in Vietnam. He also briefed delegates on the PAN’s 70 years of construction and development. As an organ of the Central Military Commission (CMC) and Vietnamese Ministry of National Defense (MND), the voice of the armed forces and people, the PAN is one of the top prestigious political press agencies in the revolutionary press, disseminating both strategic tasks of the country: Building and safeguarding the fatherland. The newspaper has also made remarkable contribution to the cause of national liberation, protection and construction. In response to the strong development trend of modern media, he said, PAN’s relevant agencies have actively run their work as the model of a multimedia press agency. The … [Read more...] about Lao Institute of Information, Culture and Tourism visits PAN