Investors pledge to pour VND4 tril. into Dak Nong By Quoc Hung - The Saigon Times Daily HCMC - Local and foreign investors pledged to pour into the Central Highlands province of Dak Nong nearly VND4 trillion at on Thursday's investment promotion conference the province held in HCMC. These investment projects cover industrial park infrastructure, new urban area, tourism, building materials, trading, mechanical engineering, agriculture and manufacturing sectors. Provincial vice chairman Do The Nhu said these fields held great growth potential and were also the priority industries of the province. Of the 18 investors, Long Duc Joint Stock Co. obtained an investment certificate for building a general hospital worth VND1.2 trillion, while Truong Nguyen Tourism, Service and Trading Co. Ltd. was licensed to develop Ho Truc Tourism and Cultural Park in Cu Jut District of the province at a cost of VND274 billion. The HCMC Union of Trading Co-operatives (Saigon Co.op), owner of the Co.opMart … [Read more...] about Investors pledge to pour VND4 tril. into Dak Nong
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IFAD funds US$19.9 million for Dak Nong
HCMC - The International Fund for Agricultural Development (IFAD) has signed an aid agreement with the Finance Ministry to provide US$19.9 million to support sustainable growth for ethnic minorities in Dak Nong Province. The aid program, which is called 3EM project, will last five years to benefit poor and ethnic minority families in the Central Highlands province through improving their income. It will give priority to women. Dak Nong Province has also committed US$2.3 million in counter capital, while the Bank of Agriculture and Rural Development will contribute US$0.9 million in credits and project beneficiaries will contribute US$0.7 million. Part of the project will help change the farming habits of local ethnic minority groups and steer them to production models that can raise farm produce values. The project will also upgrade local infrastructure facilities with community involvement. Poor households will be able access credit services through the Group of Sharing … [Read more...] about IFAD funds US$19.9 million for Dak Nong
Wild elephants ravage crops in Dak Nong
Two wild elephants looking for food in the Central Highlands province of Dak Nong have destroyed crops and worried local residents, authorities reported. The elephants have allegedly crossed the Dong Nai River and Dak Ke stream for the first time, entering Hung Binh Commune, Dak R'Lap District, where they searched for food and destroyed crops. The wild animals destroyed bananas, corn, and coffee grown by a farmer named Nguyen Manh Ha, as well as others in the commune. A local named Vu Truong Thuan said he and many others saw the animals wander for 20 days in an area in Binh Phuoc Province's Tho Son commune bordering Dak Nong. At about 5:50 pm every day since October 27, the two elephants entered the commune from Binh Phuoc to look for food, Thuan said. Based on the footprints left by the elephants in Ha's gardens, one of them is large, with a print 40 cm in diameter, while the other is smaller, with a 30 cm footprint. Initial investigations showed that the animals previously … [Read more...] about Wild elephants ravage crops in Dak Nong
Dak Nong tries to save trees
DAK NONG — Authorities in the Central Highland province of Dak Nong would open the biggest campaign to protect local forest at the end of this month, said deputy chairman of the provincial People's Committee Do The Nhu. … [Read more...] about Dak Nong tries to save trees
Party Chief: Dak Nong Needs to Gear up for Mining
Party General Secretary Nong Duc Manh visits ethnic pupils in Dak Song District (Photo: SGGP) Party General Secretary Nong Duc Manh said Dak Nong Province should work out plans to develop bauxite mining for aluminum production, and prepare human resources for the mining industry and its related services. The Party leader was visiting the Central Highlands province from September 11 to 13. He said Dak Nong is rich in bauxite reserves and needs to tap this advantage to create breakthroughs for the province’s socio-economic development. The Party leader also said Dak Nong authorities need to map out plans to protect the environment at the mining sites. During the visit, the Party chief highlighted the strategic position of Dak Nong in the Central Highlands’ development plan as well as in national socio-economic development, security and defense, and in international cooperation and integration. He asked provincial officials to work to ensure fast and sustainable … [Read more...] about Party Chief: Dak Nong Needs to Gear up for Mining