Hanoi’s wastewater treatment site is a key and vital project as it would collect and purify sewage discharged by people in seven districts. Chairman of the municipal People's Committee Nguyen Duc Chung has asked contractors to speed up the construction of Yen Xa wastewater treatment site in Thanh Tri districtto help clean the once iconic To Lich river and better lives of citizens along the river. While making an inspection to the site on February 4, Chung stressed this is a key and vital project of Hanoi as it would collect and purify sewage discharged by people in seven districts, especially waste water from the city’s polluted To Lich river. It is expected to also revive the river. Hanoi Mayor Nguyen Duc Chung discusses with the Project Management Board and the contractor of Yen Xa wastewater treatment site project. Photo: Kinhtedothi.vn In order to accelerate the project, which comprises a centralized sewage treatment facility, as the site stretches … [Read more...] about Hanoi mayor urges speedier construction of wastewater treatment plant
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Vietnam, ILO sign decent work country programme for 2022 – 2026
Representatives of the ILO and the Vietnamese partners show the signed Decent Work Country Programme Vietnam 2022 - 2026 on March 28. (Photo qdnd.vn) Hanoi (VNA) – The Decent Work Country Programme Vietnam 2022 - 2026 was signed between representatives of the Vietnamese Government, workers, and employers and the International Labour Organisation (ILO) in Hanoi on March 28. The MoU on the programme was signed by Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung, President of the Vietnam General Confederation of Labour (VGCL) Nguyen Dinh Khang, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong, President of the Vietnam Cooperative Alliance (VCA) Nguyen Ngoc Bao, and ILO Country Director for Vietnam Ingrid Christensen. The country programme provides a cooperation framework for the ILO and the Vietnamese partners until 2026 with a view to ensuring decent and sustainable work for all and that by 2026, Vietnamese people, especially those at … [Read more...] about Vietnam, ILO sign decent work country programme for 2022 – 2026
Investors turn caution after GDP data, liquidity falls sharply
A customer chooses Masan's products at a supermarket. The company's shares jumped 1.55 per cent on Wednesday, supporting the rally trend. — Photo courtesy of Masan Stock markets were mixed on Wednesday with the VN-Index extending its rallies, but gains were capped as investors were more cautious after GSO had revealed data showing that the economy grew modestly in the first quarter. The market's benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose 2.04 points, or 0.19 per cent, to close Wednesday at 1,056.33 points. The index inched higher, despite the fact that there were more stocks performing poorly, thanks to gains of large-cap stocks, and marked its seven days of the rally. On the southern bourse, 128 stocks increased while 176 ticker symbols went down. Liquidity fell sharply compared to Tuesday's trading day, of which the trading value of HoSE dropped by nearly 26 per cent over the previous session to more than VND8.3 trillion (US$353.4 million). The … [Read more...] about Investors turn caution after GDP data, liquidity falls sharply
Hanoi promotes high-quality organic farming models
It is evident that organic production methods yield better economic returns and enhance the quality, competitiveness, and value of agricultural products. Hanoi has successfully implemented several organic farming models that align with modern agricultural development trends and have brought significant economic benefits to farmers. Organic rice cultivation model in Thanh Van Commune, Thanh Oai District, Hanoi. Photos: Anh Ngoc/The Hanoi Times In 2022, the Hanoi Agricultural Extension Center launched an organic rice production model on 20 hectares of land in Thanh Van Commune and Kim Bai Town, Thanh Oai District, according to which the production process involves the use of organic fertilizers and biological products instead of chemical fertilizers and pesticides in the rice area. A yield of 5,730 kg per hectare using organic production has been achieved with this approach. This model is expected to be replicated in other communities in the district this … [Read more...] about Hanoi promotes high-quality organic farming models
Leaders of aviation firms to be disciplined if employees committed wrongdoings
A view of Noi Bai International Airport in Hanoi. (Photo chinhphu.vn) Hanoi (VNS/VNA) - The Civil Aviation Administration of Vietnam (CAAV) has just released Directive 1480 on enhancing smuggling and commercial fraud prevention among aviation employees. The directive highlighted the case of four airline staff who were caught allegedly transporting drugs that caused wide public attention recently. These allegations, according to CAAV, have damaged the image and reputation of the national airline, as well as posing potential threats to aviation safety and security. The case also showed how the previous directive on smuggling prevention had not been taken effectively by airlines . Through the directive, CAAV commanded related units, businesses and individuals to take responsibility and discipline if needed those who don't follow the directive. The authority also asked aviation enterprises to actively strengthen internal security control for aviation … [Read more...] about Leaders of aviation firms to be disciplined if employees committed wrongdoings
Ho Chi Minh City to host international paper, coatings, rubber, and plastic expos
The expos are expected to attract 230 companies, 50% higher than that of last year’s shows, said Nguyen Ba Vinh, Director of Minh Vi Exhibition and Advertisement Services Co., Ltd., the expos’ organizer. They are from 20 countries and territories, and India continues to be the country of honor at the expos, with many Indian companies taking part, he said. Speaking at a press briefing on March 28 to introduce the four expos, Luu Hoang Ngoc, Deputy General Director of Vietnam Chemicals Agency under the Ministry of Industry and Trade, said paint, paper, rubber and plastic industries played an important role in supporting the development of many other industries. Rapid development of a rich and diverse range of products in recent years also raised concerns about their harmful effects on the environment and human health. This required authorities, organizations and businesses to join hands to find solutions for this issue, he said. "Green economy, circular economy and sustainable … [Read more...] about Ho Chi Minh City to host international paper, coatings, rubber, and plastic expos
Positive real estate signs march ahead
The market in new urban areas is set to become more active Photo: Le Toan March has seen a flurry of activity in welcoming quality real estate products in Vietnam. Singaporean group CapitaLand Development, saw all of [email protected] West Lake booked up after being introduced to the market on March 19. The Elysian project developed by Gamuda Land is also reportedly being well observed by buyers due to the prestige of the developer, the good location, and high quality of the project. Domestic groups are also joining the rush. Nam Long Investment JSC said that the business is implementing a series of plans in 2023, in which priority is being given to ventures in large urban areas such as Waterpoint, Mizuki Park, Nam Long Can Tho, Nam Long Dai Phuoc, Akari City, and Izumi City. Meanwhile, Hung Thinh Land introduced the 9X An Suong project in the northwest of Ho Chi Minh City. In the southern province of Binh Duong, Phu Dong Group is about to open for sale an apartment project … [Read more...] about Positive real estate signs march ahead
HoREA proposes extension of repayment schedules for businesses
On March 26, HoREA sent a document to Prime Minister Pham Minh Chinh to propose some solutions for credit and project transfers to remove difficulties in the real estate market. According to HoREA, Decree No.08/2023/ND-CP has had a positive impact on the confidence of the market and its investors. This is the legal basis to pave the way for a negotiated agreement between the companies that have issued upcoming bonds and the bondholders. The decree, dated March 5, focuses on amending, supplementing, and ceasing the effect of a number of articles in previous decrees on the private placement of corporate bonds and the trading of privately placed corporate bonds on the domestic market, along with the offering of corporate bonds on the international market. These mechanisms and policies will remove the difficulties businesses have issuing bonds that are about to come due and support bondholders, while at the same time creating favourable conditions for the transfer of … [Read more...] about HoREA proposes extension of repayment schedules for businesses
Private sector urged to enter eco-IP arena
The Ministry of Planning and Investment (MPI) is urging a project steering committee to accelerate the transition of traditional industrial parks (IPs) to an ecological model as part of a nationwide eco-IP intervention initiative. Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc said, “The project has contributed to the replication of the eco-IP model in Vietnam, in line with the National Green Growth Strategy for 2021-2030, Vietnam’s commitment to the United Nations’ Sustainable Development Goals, and the net-zero emissions commitment to 2050.” Private sector urged to enter eco-IP arena, illustration photo. Developing eco-IPs is inevitable as many countries are applying the carbon tax mechanism on imported goods, the deputy minister added. “Meanwhile, many tenants in IPs are manufacturers for export, and they need a green certificate to export products. Thus, relevant parties continue to spread technical and financial support to many IPs at different … [Read more...] about Private sector urged to enter eco-IP arena