How many people can the earth support

Tax deductions, land allocation programmes and the establishment of appropriate credit lines along with a comprehensive legal framework are among the tasks ordered by Prime Minister Nguyễn Xuân Phúc to effectively implement the Law on Support for Small- and Medium-sized Enterprises (SMEs). Workers at Trung Dũng Co Ltd, a manufacturer of elastic threads and yarn in Tân Triều Commune in Hanoi’s suburban district Thanh Trì. The company employs around 200 employees. His directive, issued last week, was meant to bring to live the highly anticipated SMEs law, which took effect at the beginning of the year. SMEs, or enterprises with capital of less than VNĐ100 billion (US$4.36 million), account for 95 per cent of Vietnam’s business community. PM Phúc assigned the Ministry of Planning and Investment (MPI), in collaboration with other concerned ministries and people’s committees, to speed up the … [Read more...] about PM issues directive to better implement law on support for SMEs

The support policies for residents affected by the Thu Thiem New Urban Area project in District 2 will not put them at a disadvantage, but will even benefit them, said HCMC Vice Chairman Vo Van Hoan. The press briefing on August 14, on the Thu Thiem New Urban Area attracts a lot of attention from the local media The HCMC government on August 14 organized a press briefing to announce the execution of its plans to act on the Government Inspectorate's conclusion on the project. Hoan told the assembled reporters that the prices of their land would be calculated based upon the current market prices, not those set 10 years ago. The prices have been compared with those of land in adjacent projects, Hoan said, adding that the city leaders understand the difficulties which residents have faced for a long period of time. It is hard to calculate and compensate for their emotional loss. Nevertheless, the city has developed 10 additional policies for them. As soon as the Government … [Read more...] about Thu Thiem residents will benefit from support policies: official

Farmers harvest rice in Thailand's southern Narathiwat province (Photo: AFP/VNA) Bangkok (VNA) – The Finance Ministry of Thailand will need more than 100 billion THB (3.28 billion USD) to sponsor the sustainable development strategy for the rural economic area with around 30 million low-income households nationwide. Permanent secretary of the Finance Ministry Prasong Poontaneat said the ministry will have a meeting with relevant agencies such as the Bank for Agriculture and Agricultural Cooperatives and Government Saving Bank to implement the stimulus package. According to Prasong, immediate measures include special loans from community-level financial institutions at an interest of less than 1.25 percent per month in order to solve the loan-shark problem. Thai Deputy Prime Minister Somkid Jatusripitak recently said the government will carry out new stimulus packages for local people in an effort to improve the rural economy. Earlier, the government approved stimulus … [Read more...] about Thailand needs 100 billion THB to support rural economy

Deputy Prime Minister Vương Đình Huệ speaks at a conference to discuss policies about linking production and consumption of agricultural products and the development of 15,000 co-operatives and unions of agricultural co-operatives until 2020. — VNA/VNS Photo Doãn Tấn HÀ NỘI — Deputy Prime Minister Vương Đình Huệ has stressed the importance of establishing co-operatives as a link among farmers, enterprises and economic sectors to restructure agriculture and develop new rural areas. Addressing a conference held by the Ministry of Agriculture and Rural Development (MARD) on Saturday to discuss policies about linking production and consumption of agricultural products and the development of 15,000 co-operatives and unions of agricultural co-operatives until 2020, Huệ said setting up co-operatives was a mandatory task with farmers as the main subject to enlarge the scale of agricultural … [Read more...] about Co-operatives important to support farmers: Deputy PM Huệ

Vice Chairman of the Ha Nam provincial People’s Committee Truong Quoc Huy speaks at the event (Photo: VNA)   Ha Nam (VNA) – Businesses of Japan’s Chiba prefecture joined a working session with the People’s Committee of the northern province of Ha Nam on November 20 to explore the province’s investment climate. At the event, Vice Chairman of the provincial People’s Committee Truong Quoc Huy informed his guests that Japan is now the second largest foreign investor of Ha Nam, with nearly 100 projects in various fields, contributing to the local socio-economic development. As Ha Nam regards Japanese firms as its main investment partner, the province has zoned off the Dong Van 3 supporting industrial park to attract more businesses from the country, he added. Notably, the province has set up an office to support Japanese investors in administrative procedures. In addition, the province boasts a huge workforce with cheap labour cost. It has … [Read more...] about Japanese firms explore Ha Nam’s investment climate