Million usd to inr crore

Kuala Lumpur capital of Malaysia (Illustrative photo: themalaysianreserve) Kuala Lumpur (VNA) – Malaysia recorded 836.2 billion RM (over 188.1 billion USD) in foreign direct investment (FDI) at the end of the second quarter, up 24.1 billion RM from Q1, according to the Department of Statistics Malaysia. The manufacturing sector remained the largest recipient with a value of 360 billion RM or 43.1%, followed by financial activities 189.8 billion RM (22.7%) and wholesale and retail trade 53 billion RM (6.3%). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the FDI sources were largely from Asia, which amounted to 431.1 billion RM or 51.6%, mainly from Singapore and Hong Kong (China), followed by Europe and the Americas. Singapore was still the biggest source of FDI, with an accumulated 174.1 billion RM (20.8%), followed by Hong Kong with 91.1 billion RM (10.9%), the United States 90 billion RM (10.8%) and Japan 84.2 billion RM (10.3%). Meanwhile, … [Read more...] about FDI flows into Malaysia top 188 billion USD in Q2

The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months

Shinhan Life Vietnam provided this support for 10 pediatric patients being treated at the Clinical Hematology Department, Ho Chi Minh City Children’s Hospital in Binh Chanh District. The financial contribution follows the company’s first donation of VND100 million granted this April to the hospital, to join hands with families to light up hope for a bright future for unfortunate children suffering from blood cancer. Shinhan Life Vietnam hands out VND200 million for 10 pediatric patients At the event, Shinhan Life Vietnam also handed out more than 100 gifts to the medical staff and pediatric patients at the Department of Clinical Hematology in celebration of the upcoming Mid-Autumn Festival. Mr. Lee Euichul, General Director of Shinhan Life Vietnam, stated, "With the slogan "Bring wonders to life", activities to enhance social responsibility and community sharing is always one of Shinhan Life's top priorities. We will always strive for a peaceful Vietnam, with the … [Read more...] about Shinhan Life Vietnam continues to support children with blood cancer

Russian experts have joined the preservation of President Ho Chi Minh’s body for over 50 years since he passed away in 1969. Vietnam’s Prime Minister Pham Minh Chinh today met a delegation of Russian scientists to whom he extended thanks for their support in keeping the embalmed body of Vietnamese President Ho Chi Minh unharmed. Vietnam's Prime Minister Pham Minh Chinh meets academician Sidelnikov Nikolai Ivanovich, All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR), in Hanoi on August 14. Photo: VGP Chinh showed his appreciation when meeting scientists of the All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR) led by academician Sidelnikov Nikolai Ivanovich. He expressed his sincere thanks to the VILAR’s assistance to the Government of Vietnam in performing an important political task, which is the long-term preservation and absolute safety of President Ho Chi Minh’s body. The Russian … [Read more...] about PM thanks Russian scientists for preservation of President Ho’s embalmed body

Nguyen Thi Thu Hien, 34 and her friends had their tickets from Singapore to Jeju Island canceled on August 9 because they did not have visas. The island, however, has a visa exemption policy for tourists. Hien, from Hanoi, said she'd already visited Jeju back in 2018 under the visa exemption policy and wasn't aware that it had changed when she booked the tickets for her and her friends to fly there from Singapore. "When we got to the Changi Airport for check-in procedures, an employee told us to discuss the issue with the airline. A representative of Scoot Airlines said Vietnamese, Thai, Mongolians and people from certain other countries would no longer be able to enter Jeju Island under the visa exemption policy. The airline said it would refund our tickets," Hien said. Vu Quoc Hung, 31, who had booked tickets with 11 other Vietnamese to fly from Ho Chi Minh City to Jeju on August 11 via Singapore, had the same experience. Hung's group reached the Changi Airport and did some … [Read more...] about Airline cancels Vietnamese tourists’ tickets to South Korea’s Jeju Island

The Vietnamese Ministry of Health on Sunday reported an additional 1,429 Covid-19 infections, raising the country's total tally to over 11 million. Illustrative photo According to the ministry's report, the national caseload has so far increased to 11,365,784. On August 14, an additional 5,932 more patients recovered from the disease, raising the number of recoveries in the country to over 10.02 million. On Sunday evening, one death from Covid-19 was recorded, raising the country's total fatalities to 43,098, accounting for 0.4 per cent of total infections. By August 13, the country had injected more than 251 million doses of Covid-19 vaccines. Vietnam has not yet drafted plans to give Covid-19 vaccines to children under five years old. The country is targeting the completion of Covid-19 inoculation for children aged between 5 - 11 in August, as well as the administration of the third shot for those aged 12 - 17, as well as the third and fourth doses … [Read more...] about Vietnam reports additional 1,429 new Covid-19 cases on Sunday

Authorities in Lai Chau and Son La Provinces, northern Vietnam are seeking the prime minister's approval for the construction of airports there. In a document sent to PM Pham Minh Chinh, the Lai Chau People’s Committee mentioned its plan to build Lai Chau Airport, which is designed to cover 167 hectares and have the capacity of 500,000 passengers per year, in Tan Uyen Town during the 2022-30 period. The administration stressed that the project plays an important role in promoting the province's socio-economic development as well as contributes to ensuring national defense and security in border areas. The province has carried out necessary land use planning and site clearance to attract the interest of investors in the project. Some investors are mulling over implementing the project under the public-private partnership (PPP) model. PPP involves a contract between a public sector authority and a private party, in which the private party provides a public service or project … [Read more...] about Northern Vietnamese provinces seek approval for construction of airports

Clients at an SHB branch. The bank was given the nod on capital expansion. — Photo courtesy of SHB The State Bank of Vietnam (SBV) has given the Saigon Hanoi Commercial JS Bank (SHB) the go-ahead to raise its charter capital to VNĐ26,674 billion (US$1.1 billion). The rise is the first part of SHB's plan to reach VNĐ36,459 billion in capital in 2022 to position itself among the three private commercial banks with the largest charter capital. SHB said it had submitted the plan, passed by its shareholder general meeting, to SBV for approval. Under the plan, SHB was also set to pay a dividend yield of 15 per cent to its existing shareholders for the financial year 2021 and offer a total of 45.12 million new shares for VNĐ12,500 apiece to its employees and the shareholders. By late June, SHB had VNĐ522 trillion in total assets, VNĐ471 trillion in total deposits and VNĐ390 trillion in total credit. It made a six-month before-tax profit of VNĐ5.9 trillion, up 84 per cent … [Read more...] about SHB gets approval to raise capital

The event was attended by the PAN’s Managing Editor Senior Colonel Le Ngoc Long and Deputy Political Commissar of Military Region 5 (MR5) Senior Colonel Nguyen Ba Hung, together with representatives of the PAN, and 51 trainees who are political officers and PAN’s collaborators in military units in the Central and Central Highlands region. Addressing the event, Senior Colonel Long recalled heroic traditions of the PAN, while affirming the importance of the course which helps raising the quantity and quality of reporters in the military. This is an occasion for trainees to raise their journalism knowledge and competence. They will be guided on how to write articles, take photos, make video clips and radio news and reports with good quality and efficiency. After the course, the trainees will be PAN’s collaborators and actively take part in dissemination work in their units. The course lasts from August 12 to 19. On this occasion, Senior Colonel Phan Tien Dung, Chief of the PAN’s … [Read more...] about PAN’s refresher course on journalism knowledge opened in Central and Central Highlands region

In 2016, Ho Chi Minh City drew up plans for a series of projects in the Tan Son Nhat International Airport area, an important traffic hub that connects with downtown areas of several districts like Tan Binh, Tan Phu and Go Vap. Among the projects were overpasses over the Truong Son Road, the Nguyen Thai Son-Nguyen Kiem intersection and expansion of the Hoang Minh Giam Road, which were all completed within three years and helped relieve traffic congestion in the area. But several other projects have suffered repeated delays, including a road to connect the major streets of Cong Hoa and Tran Quoc Hoan. This 4 km road with an investment of over VND4.8 trillion ($205.1 million), has been delayed by land clearance issues, mostly related to military land. About 15 km away, traffic at the Cat Lai Port area in Thu Duc City has also been a headache for years. Since 2016, HCMC has worked on the first phase of a My Thuy Intersection project, which includes overpasses, underground tunnels … [Read more...] about HCMC key traffic infrastructure projects delayed for years over land clearance, fund issues