Investment plans in south africa

CAPE TOWN -- South African authorities are investigating the deaths of at least 22 young people found inside a popular tavern in the coastal town of East London, provincial health officials and the presidency said on Sunday. State broadcaster SABC reported the deaths resulted from a possible stampede, but was scant on details as the exact cause of death remained unknown. The bodies will be transported to state mortuaries where relatives are expected to help identify both male and female victims, said Siyanda Manana, a spokesperson for the Eastern Cape provincial health department. Forensic personnel investigate after the deaths of patrons found inside the Enyobeni Tavern, in Scenery Park, outside East London in the Eastern Cape province, South Africa, June 26, 2022. Photo: Reuters "We are going to immediately be embarking on autopsies so we can know the probable cause of death," he told Reuters as forensic personnel continued their work at the cordoned-off … [Read more...] about At least 22 young people die in South African tavern

Loading goods onto container ships for export at Cai Mep - Thi Vai Port. (Photo: SGGP) The average volume of cargo through HCMC's seaports in the 2015-2020 period is 7.34 percent. In 2021, the throughput of goods through HCMC-based seaport reached 164.19 million tons, an increase of 40.5 percent compared to that of 116.94 million tons in the planning by 2020, exceeding 2.63 percent compared to that of 159.98 million tons in the planning by 2030. Can Gio Wharf area at the Cai Mep Estuary is at a location with favorable natural conditions in terms of channel depth and on international maritime routes that can accommodate container ships with a tonnage of 250,000DWT (24,000 TEUs) operating on routes to Europe, Africa, and America. Therefore, it has all the conditions to establish an international transshipment container port, creating a competitive edge with other countries in the region and a breakthrough in marine economic development for HCMC and the country. Thus, the early … [Read more...] about HCMC proposes investment in international transshipment port in Can Gio District

Police in Da Nang, central Vietnam have arrested a man for allegedly running several shell companies which smuggled wildlife parts, such as ivory, lion bones, and rhino horns, from Africa to Vietnam. The municipal Department of Public Security confirmed on Wednesday that they had detained Nguyen Duc Tai, 33, on charges of violating regulations on the protection of endangered and rare animals. Officers also searched Tai’s house and workplace and confiscated evidence related to the case. According to preliminary information, police in Da Nang first detected Tai’s suspicious activities in early 2021. A probe later revealed that he and his subordinates had used personal information from several people, including deceased individuals, to set up shell companies with fake headquarters. Under the cover of these firms, Tai and his racket managed to smuggle wildlife parts from Africa to Tien Sa Seaport in Da Nang. Police later coordinated with customs officers in inspecting a … [Read more...] about Vietnamese man arrested for setting up shell companies to smuggle wildlife parts from Africa

Vietnam is a centerpiece of South Korea’s New Southern Policy (NSP). Vietnam and South Korea consider upgrading the relations to Comprehensive Strategic Partnership after three decades of diplomatic ties which have gained fruitful multisectoral achievements. Vietnamese Deputy Prime Minister Pham Binh Minh speaks at the event held in Seoul on June 23. Photos: VNA Vietnamese Deputy Prime Minister Pham Binh Minh gave remarks on the occasion of the 30 th founding anniversary of Vietnam-South Korea diplomatic relations (1992-2022). The two countries have become leading partner with each other, mostly in trade and investment, with South Korea being the biggest investor in Vietnam with large-scale investment projects, contributing to creating global supply chains in Vietnam, Minh said in a recorded video at the 30th Global Maekyung Forum held in Seoul on June 23. To enhance the ties, Minh suggested focusing on science-technology and innovation; digital and … [Read more...] about Vietnam, South Korea eye Comprehensive Strategic Partnership

Vietnam’s Thong Nhat (Reunification) Express, also known as the North-South railway route, has been listed among the top 10 best sleeper train journeys globally, according to The Travel magazine of Canada. North-South railway is among top 10 sleeper train journeys worldwide The Canadian magazine reports Vietnam is a hugely popular country to visit among backpackers traveling around Southeast Asia. “Given how long and narrow the country is, a sleeper train is a great way to get from the northern capital city of Hanoi to the southern city of Ho Chi Minh without riding on a motorbike,” says The Travel. It notes that the sleeper train route is most suitable for budget travelers as it typically only costs around US$26 for a journey that lasts between 32 and 37 hours. The magazine also reveals that passengers are able to choose from several seat classes, depending on how much they are willing to spend on a ticket. These include third class which has hard wooden … [Read more...] about North-South railway among top 10 sleeper train journeys worldwide

Minister of Planning and Investment Nguyen Chi Dung Public investment has been disbursed slowly in the first half of this year which shows weaknesses in the guidance and direction of the localities. Minister of Planning and Investment Nguyen Chi Dung spoke to Vietnam News Agency about the reasons for the situation and solutions to speed up the disbursement rate and implementation progress. Could you explain why the disbursement rate of public investment capital was low in the first half of this year? By the end of May, the disbursement rate of public investment reached 22.4 per cent of the plan assigned by the Prime Minister, below the Government’s expectation. This led the Prime Minister to set up six working groups to inspect and push for faster disbursement in the ministries and localities with low rates. However, in my opinion, to assess whether it is slow or not, it’s necessary to look at it in a broad perspective and across the whole period. For example, during the … [Read more...] about Radical and long-term measures needed to boost public investment disbursement

The main goal is for Hanoi to achieve the highest possible disbursement rate during the last six months of 2022, with the city continues focusing on addressing the concerns of districts and wards in public investment. Hanoi’s authorities identify the realization of the public investment target in 2022 as a key priority for socio-economic development, according to Director of the Hanoi’s Department of Planning and Investment Do Anh Tuan. A corner of Hanoi. Photo: Pham Hung/ The Hanoi Times In 2022, Hanoi allocated a total of over VND51 trillion (US$2.2 billion) in public investment, of which VND34 trillion ($1.46 billion) are for city-level projects and VND16 trillion ($688 million) for district-level ones. An estimate of VND10.2 trillion ($443.2 million) would be assigned to rural and urban districts for developing their respective infrastructure projects, including the construction of new schools, upgrading healthcare facilities, and preserving historical … [Read more...] about Hanoi identifies public investment central to economic recovery

Illustrative image. (Photo: SGGP) The People's Committee of HCMC said that the disbursement rate of the Public Investment Plan in 2022 is not much compared to previous years due to many difficulties and obstacles, but mainly the impact of the Covid-19 pandemic in 2021. The restart of the construction of projects in the first months of 2022 experienced a certain delay after the time the city adopted measures to respond to the Covid-19 pandemic. In addition, input costs were unstable and tended to increase. Besides the above objective reasons, the People's Committee of HCMC also raised some other subjective reasons affecting the disbursement progress of public investment capital, for example, difficulties related to site clearance; it is necessary to have time to carry out the project adjustment procedures on the basis of Resolution No.99/NQ-HDND dated October 19, 2021, of the People's Council of HCMC and Decision No.4354/QD-UBND dated December 28, 2021, on the medium-term capital … [Read more...] about HCMC disburses only 17 percent of public investment capital in first six months

The section linking Mai Son and national highway 45 under the North-South highway's eastern part According to the deputy PM, it is a key task set in the eighth National Party Congress Resolution to finalise the construction of 23 component projects by 2025 to smoothen travel in the North-South highway’s eastern part that runs over 2,000 km from Huu Nghi to Ca Mau province. As per schedule, it is a must to complete the construction of a 361.5km highway by late 2022, as well as an additional 652km by March 2024, and 729km extra by 2025. Thanh noted that to facilitate the implementation, the National Assembly and the government have greenlit the application of several specific mechanisms on contractor appointment and mineral exploitation serving the production of common building materials and several works during the project preparation stage, among others. Due to the huge work volume and limited timeline, relevant ministries, agencies, and localities need to embrace … [Read more...] about Fresh measures to facilitate construction of North-South highway’s eastern part

Saravoot Yoovidhya, CEO of TCP Group, announced the new corporate purpose in Vietnam From 2022 to 2024, TCP Group is further driving the organisation towards sustainable business growth and creating a positive impact on society and the environment, locally and globally. "Five years ago, we announced the synergy of our various businesses into TCP Group, and we have been working towards sustainable development goals ever since. Up to now, events like COVID-19 and digital transformation have tremendously affected business, society, and the environment. We, therefore, are revisiting our purpose and strategies in every aspect to prepare for the volatile future and to create growth for the organisation while energising the sustainability of the world with a new purpose, called Energising A Better World For All,” said Saravoot Yoovidhya, CEO of TCP Group. Throughout its over 60 years of operation, TCP Group's priority has been to ensure the development of the economy, society, and … [Read more...] about TCP Group’s CEO announced a new corporate plan