Preet vihar on which metro line

Infrastructure HCMC seeks US$1.3 billion from central Gov’t to fund metro construction By Pham Nhat Tuesday,  Dec 10, 2019,19:14 (GMT+7) HCMC seeks US$1.3 billion from central Gov’t to fund metro constructionBy Pham Nhat A construction site is in front of the Ben Thanh Market in downtown HCMC. The city government is seeking funds to build the second metro line – PHOTO: VNA HCMC – The HCMC authority is seeking approval from the municipal People’s Council to borrow a total of over US$1.3 billion from the on-lending fund of the central Government to construct the city’s second metro line. According to the proposal, the city government intends to borrow US$962.61 million and 300.72 million euros in the form of foreign loans from the central Government. The metro line will link Ben Thanh Market in District 1 with Tham Luong Depot in District 12. The project currently requires total … [Read more...] about HCMC seeks US$1.3 billion from central Gov’t to fund metro construction

Việt Nam’s head coach Park Hang-seo (right) and Indra Sjafri of Indonesia at the press conference ahead the final match of men’s football category of the SEA Games. — VNA/VNS Photo Hoàng Linh HÀ NỘI — The Việt Nam men's U22 football team are one win away from the Southeast Asian (SEA) Games’ title, and head coach Park Hang-seo says they'll be throwing to kitchen sink at Indonesia in search of glory. The final at Rizal Memorial Stadium, Manila kicks off at 7pm today (Hà Nội time). In the semi-finals on Saturday, Việt Nam beat Cambodia 4-0, while Indonesia defeated Myanmar 4-2 after extra time. The final will be Việt Nam's first in 10 years in a competition Vietnamese fans are still waiting for a title. “The whole team are only one step from the SEA Games’ gold medal. Fans, training board as well as Vietnamese footballers can be proud of what Việt Nam did at this … [Read more...] about Games glory awaits Việt Nam: coach Park

Enterprises not only want to develop market share in Vietnam but also to invest in the country so as to make use of trade advantages that Vietnam is enjoying. Attraction from export turnover According to the ministry, by November this year, there were 30 export products with export turnover of above US$1 billion, accounting for 91.6 percent of total exports, mainly focusing on key product lines, including electrics, electronics, garment and textile, footwear, plastics, computers and components. Specially, there were five products with export turnover of above $10 billion, accounting for 59.6 percent. Particularly, cellphones and components had the highest export value of $48.7 billion, accounting for 20.2 percent of total exports, an increase of 5.4 percent over the same period last year. Electronics, computers and components reached export turnover of $32.4 billion, an increase of 19.4 percent. Exports of garment and textile touched $29.9 billion, an increase of 7.8 percent. … [Read more...] about Vietnamese market attractive to foreign enterprises

 While the Government has announced the CPI in January-April was at its lowest level in three years, the National Assembly (NA) Economic Committee has voiced concern over the possible recurrence of high inflation. Workers fix power lines in HCMC. The recent electricity and gasoline price hikes have sent production costs and consumer goods prices soaring A Cabinet member said in a report at a meeting of the NA Standing Committee on May 8 that the average CPI in the first four months rose 2.71% from a year earlier, the lowest in three years. The Ministry of Industry and Trade also said in its report released on the same day that the hikes in gasoline and electricity prices had caused knock-on effects on consumer prices in the four-month period. However, the effects of African swine fever on the psychology of consumers, and the adoption of a flexible monetary policy for macroeconomic stability helped rein in inflation. The CPI in April inched up 0.31% month-on-month, and as a … [Read more...] about NA concerned about inflation pressure

Revenue rose 38.3% year on year to RMB12.9 billion Setting differentiated advantage through technology reinforcementProduction capacity ramped up to boost profitability Results Highlights: A double-digit increase achieved in sales volume and revenue, steady growth in net profit Developing all-aluminium formwork components, and initiating the leasing business of aluminium alloy formwork Client-oriented strategy for the support of new energy vehicles and fabricated products High-end products continue to contribute, including the delivery of a newly-built all-aluminium superyacht by Silver Yachts An interim dividend of HK$0.1 per share declared, representing a dividend payout ratio of approximately 45.9% Financial Highlights: (RMB million) For the six months ended 30 June       Change YoY 2019 2018 Sales volume (tonnes) 532,275 325,096 +63.7% Revenue 12,900 9,329 +38.3% Gross profit … [Read more...] about China Zhongwang announces 2019 interim results