Doan xa and dinh vu

Thua Thien Hue province has strengthened disease prevention measures to protect heritages and ensure health safety for tourists. The Center for Hue Relic Site Management has handed out more than 10,000 free facemasks at the Imperial Citadel and the Tu Duc, Minh Mang, and Khai Dinh monuments. … [Read more...] about Vietnam tourism copes with Covid-19

Hanoi (VNA) – The Ministry of Public Security’s Security Investigation Agency has proposed prosecuting Dinh La Thang, former Chairman of the Board of Directors of the Vietnam Oil and Gas Group (PetroVietnam) and nine accomplices on charges of violating regulations on construction works, causing serious consequences at the Petrochemical and Bio-Fuel JSC (PVB) - a subsidiary of this group.  According to the investigation result, Thang signed a decision approving an ethanol factory project in the northern province of Phu Tho. A year later, PetroVietnam estasblished a steering committee led by Thang to launch bio-fuel projects. PVB later invited bidding for a package TK05 named “Design, procurement, supply of equipment and construction of ethanol factory in the north”. Though six contractors were unqualified, Thang and his subordinates signed many documents directing joint venture PVC/Alfta Laval/Delta-T to join the project. During the implementation, … [Read more...] about Ex-PetroVietnam Chairman to be prosecuted for violations in Phu Tho ethanol case

Although Vietnam has built up a good foundation on which the economy can grow, more attention should be paid to addressing risks and uncertainties due to external factors and internal weaknesses. Institutional reform and removing obstacles in the business and investment environment should be high priorities. … [Read more...] about Vietnam’s economic growth in 2020 driven by traditional sectors

Hanoi (VNA) – The State-owned Vietnam National Shipping Lines (Vinalines) plans to divest capital from 13 member companies this year. The corporation will reduce its ownership in six businesses and divest all of its capital from seven others. With this divestment plan, the liquidation of vessels and impact of its shrunken market share in temporary import for re-export services, the firm forecasts its consolidated revenue this year will decrease by 14.5 percent from 2019 to over 10.31 trillion VND (444.26 million USD). Since 2013, when Vinalines began restructuring, the firm has divested capital from many companies, cutting the number of its subsidiaries from 73 to 35. Notably, it has divested all capital invested in enterprises operating in other sectors like banking, securities, insurance and real estate to focus on its main business sectors of seaports, sea transportation and maritime services. Divestments from poorly-performing subsidiaries have helped slash the … [Read more...] about State-owned Vinalines to divest capital from 13 firms in 2020

"Vu Duc Nghia's family is the most difficult case in our area. Their house is also a charity house built by the community," said Tran Duc Huy, head of Thanh Binh Village. Four members at the family of 65-year-old Vu Duc Nghia are disabled while the bread-winner is now nearly bed-bound. Nghia's family had to borrow money to bring him to the hospital but the money ran out quickly. Nghia is in the last stage of liver cancer. … [Read more...] about Terminally-ill man calls for help for children