N.A. Chairman Vuong Dinh Hue said the meeting had completed all tasks as scheduled. He asked the Secretary General and Chairman of the N.A. Office to work closely with competent agencies to submit four resolutions passed at the meeting to him for signing, namely a resolution on the question-and-answer sessions; a resolution on the establishment of Binh Phu township in Cai Lay district, Tien Giang province; a resolution on the establishment of Chon Thanh town and its wards, Binh Phuoc province; and a resolution on continued payment for laborers in line with the N.A. Standing Committee’s Resolution No.03/2021/UBTVQH15 dated September 24, 2021 on support policy for laborers and employers hit by COVID-19. The draft resolution on continued payment for laborers in line with the N.A. Standing Committee’s Resolution No.03/2021/UBTVQH15 dated September 24, 2021 on support policy for laborers and employers hit by COVID-19 was discussed earlier the same day. Under the resolution, over VND … [Read more...] about N.A. Standing Committee’s 14th meeting wraps up
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Power shortage worries increase hunger for coal
Cao Son Coal, the company with the largest mining output in Vietnam, on July 19 announced to improve and expand the capacity of the Cao Son coal mine in Cam Pha in the northeastern province of Quang Ninh, to meet high production requirements. Coal mining companies are increasing output to deal with power generation shortages, Le Toan The mine has total reserves of almost 52 million tonnes, with a designed capacity of about 4.5 million tonnes per year. By upgrading the reserves, Cao Son’s coal mine is expected to complete a record high mining output of 6.78 million tonnes in 2022. Phan Quoc Viet, director of Cao Son Coal, said, “We have mobilised equipment to maximise the exploitation of raw coal at the Cao Son mine. In 2021, we achieved a mining output of over 6.4 million tonnes.” Many miners feel that Cao Son Coal’s plan to increase output faces many challenges, especially considering the increasingly difficult and complex open-pit mining conditions. Similar to … [Read more...] about Power shortage worries increase hunger for coal
☀️ Morning digest August 12
Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. – The 14th meeting of the National Assembly Standing Committee wrapped up in Hanoi on August 11 after two and a half days of sitting. NA Chairman Vuong Dinh Hue said the meeting had completed all tasks as scheduled. Read full story – Standing members of the steering committee in charge of a project to draft a strategy for building and completing a law-governed socialist state of Vietnam by 2030, with a vision to 2045, held a meeting with the Central Theoretical Council in Hanoi on August 11. Members of the council showed their support for the draft strategy, which they said has been prepared in a methodological, democratic and scientific manner that guarantees the Party’s comprehensive and absolute leadership, firmly maintains the socialist orientation, and doesn’t include loopholes for hostile forces to take advantage of to sabotage the Party, State or regime. Read full story … [Read more...] about ☀️ Morning digest August 12
Direction for disbursement tightened after mixed results
According to the Ministry of Finance, the disbursement of the state budget capital as of the end of July stood at nearly $8.1 billion, accounting for 34.47 per cent of the yearly plan and a slight on-year reduction. Of this, one centrally-run agency and 11 localities reported disbursement at more than 50 per cent, 17 ministries and agencies have reported less than 10 per cent, and the remaining met the national average. Some major infrastructure projects are delayed and costs are only going to go up in that case, Le Toan Specifically, in Ho Chi Minh City, the disbursement of public investment in the first seven months accounted for about 15 per cent of the total allocated capital or almost $1.4 billion. This figure includes $108 million from the central budget and $1.28 billion from local funds. Many important works in the city have yet to expense anything, including one project for green traffic development, a water improvement initiative in the Tau Hu-Ben Nghe-Doi-Te … [Read more...] about Direction for disbursement tightened after mixed results