According to Thu Duc Development Plan to 2040, the city could be flooded once every five years. The estimated investment for the flood prevention plan is USD1bn. This will be a public-private partnership project. Tran Phuoc Anh, director of HCM City Department of Foreign Affairs, said they had asked HCM City authorities and related agencies to work together to carry out the project. According to the Department of Construction, after the Consulate General of the Netherlands announced the co-operation project for flood prevention for HCM City, they asked member agencies to support the Consulate General of the Netherlands while they carried out the research in District 2, District 9 and Thu Duc City. The report from the Department of Planning and Architecture showed that in order to meet the goals set in the 2020-2025 development plan, it will need VND41.6trn (USD1.8bn) from the state budget. … [Read more...] about Dutch help with flood prevention in Thu Duc City
High tech city
Investment will be called for eight functional centers that will quickly change the face of Thu Duc City, including Thu Thiem financial center and new urban area, a hi-tech manufacturing and application center, the country’s largest creative startup center, and the Truong Tho port urban area. … [Read more...] about What policies are needed for Thu Duc City to ‘take off’?
The Ministry of Agriculture and Rural Development is therefore seeking to accelerate negotiations with the Chinese side in order to export a wide range of agricultural products through official channels. In line with this policy, priority will be given to durian, sweet potato, bird's nest, pomelo, passion fruit, avocado, custard apple, coconut, cardamom and pineapple, salted jellyfish, dried sea cucumber, and goby fish. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17
Pham Thai Binh, CEO of the Trung An Hi-Tech Farming Joint Stock Company in the Mekong Delta city of Can Tho, decided to expand his company’s organic farm 15-fold to 1,500ha this year after seeing a surge in demand. The company’s existing 700ha of organic rice is supervised and certified by ECOCERT. The company’s organic rice products have been highly rated in terms of nutrition, fragrance, and taste that suits the majority of consumers in both domestic and foreign markets. They have been exported to the US, Japan and Europe, Binh said. … [Read more...] about Organic farmers reap fruit of investment due to growing demand