Slum upgrading and participation lessons from latin america

Roads, airports, and seaports are being looked at by overseas companies in terms of investment feasibility, Photo: Shutterstock On June 16, Hoang Gia Khanh, deputy general director of state-owned railway giant Vietnam Railways (VNR), received a delegation of Austrian businesses at its headquarters who introduced new products and technology solutions aiming to seek opportunities in the local industry. The commercial counsellor of the Austrian Embassy in Hanoi said that businesses expect to intensify cooperation with VNR, specifically those in funding and upgrading projects, as well as machinery upgrading and maintenance. He added that besides official development assistance, the Austrian government also has other financial tools that can help VNR access financial resources and technologies. According to Khanh, investment demand for the industry’s infrastructure development is huge and he highly appreciates the products and technology of groups like Plasser & Theurer and … [Read more...] about Reopening increases foreign interest in transport upgrade

At the meeting The statement was made by Chairman of the HCMC People’s Committee Phan Van Mai at a meeting on the city’s socio-economic situation in the first half of the year that was held on June 29 with the participation of Secretary of the Party Committee of the city Nguyen Van Nen and Chairwoman of the municipal People’s Council Nguyen Thi Le. Problems of administrative procedures are the biggest obstacles that have affected the attraction of capital resources, public investment disbursement and impeded capital flows into trade and business production, he said. The city’s chairman asked departments and agencies to focus on solving barriers to promptly handle requests of individuals and businesses to speed up the economy. Chairman of the HCMC People’s Committee Phan Van Mai (L), Secretary of the Party Committee of the city Nguyen Van Nen (C) and Chairwoman of the municipal People’s Council Nguyen Thi Le attend the meeting. (Photo: SGGP) Chairman of the HCMC … [Read more...] about HCMC’s economies recover quickly together

At the seminar The symposium was participated by the UNESCO Representative in Vietnam, Christian Manhart; Consul General of India in HCMC, Madan Mohan Sethi; Secretary of the Party Committee of Ben Tre Province, Le Duc Tho; Deputy Head of the Central Propaganda and Training Commission, Phan Xuan Thuy; Deputy Minister of Culture, Sports and Tourism, Hoang Dao Cuong, leaders of provinces and cities, Vietnamese and international scientists. UNESCO Representative in Vietnam, Christian Manhart (L) and  Consul General of India in HCMC, Madan Mohan Sethi (C) attend the event. Speaking at the event, Deputy Minister of Culture, Sports and Tourism, Hoang Dao Cuong emphasized that celebrity Nguyen Dinh Chieu used the pen as a weapon to express his patriotism and love for the people. He was not only a Vietnamese poet who was known for his nationalist and anti-colonial writings against the French colonization of Cochinchina, an exemplary teacher but also a popular medical … [Read more...] about Int’l seminar on Great celebrity Nguyen Dinh Chieu celebrates his 200th birthday

Ambassadress Nguyen Phuong Tra, Deputy Permanent Representative of Vietnam to the UN. (Photo: VNA) In her remarks, Ambassador Nguyen Phuong Tra, Deputy Permanent Representative of Vietnam to the UN, pointed out that while the Covid-19 pandemic continues to threaten peace and development efforts, conflicts in many regions have led to heavy casualties and growing humanitarian challenges. She held that the international community should give high priority to ensuring compliance with international law and the UN Charter. She also underlined the role of multilateralism and multilateral mechanisms with the UN at their center. To promote a ceasefire, it is necessary to boost compliance with Resolutions 2532 and 2565, and relevant resolutions of the UN Security Council, Tra said, suggesting a framework be set up to effectively monitor ceasefire agreements in conflict-hit regions. Highlighting Vietnam’s efforts to promote the UN Security Council’s adoption of Resolution 2573 on the … [Read more...] about Vietnam reaffirms support for UN Secretary-General’s appeal for global ceasefire

Before today's trading session, investors received the news that the Vietnam Securities Depository (VSD) had recently consulted on a draft regulation on clearing and payment of securities transactions under the direction of adjusting the payment time for completing the T+2 settlement cycle of the State Securities Commission of Vietnam. One of the essential contents of this draft is the adjustment of the time for securities settlement and clearing banks to complete payment from 3.30 p.m. to 4 p.m. to from 11.30 a.m. to 12.30 p.m. on the trade date plus two days (T+2). With this new regulation, investors can trade right in the afternoon trading session of T+2. According to the draft, the money for securities transactions will be transferred to investors' accounts one day earlier than the old regulations. Therefore, investors can use the money to buy securities right in the afternoon trading session of T+2 instead of having to advance money as before. The new regulation on clearing … [Read more...] about Securities stocks strengthen after draft on T+2 settlement cycle

The visit aims to maintain and deepen the cooperative relations between the two countries and affirm the importance Vietnam attaches to the Vietnam-U.K. Strategic Partnership. Through meetings and working sessions with the U.K.’s authorities, businesses and the Vietnamese community in the U.K., Vietnam expects to attract more resources serving its post-pandemic socio-economic development. During his visit, N.A. Chairman Hue will hold talks with McFall and Hoyle, and have meetings with other high-ranking officials of the U.K. government and parliament; and representatives from the business community and major economic, finance and education corporations of the European nation. The visit is expected to contribute to further strengthening the Vietnam-U.K. Strategic Partnership in various fields and at all levels, promoting cooperation between the two countries’ legislative bodies; and expanding cooperation in potential fields such economy, trade - investment, finance - banking, … [Read more...] about N.A. Chairman begins official visit to U.K.

Trade Counselor in Belgium Tran Ngoc Quan briefed participants on the investment environment in Vietnam at the event during which potential and strengths of Belgian regions were introduced. According to Ambassador Nguyen Van Thao, there remains great potential for Vietnam and Belgium to expand their cooperation, especially in agriculture; green growth; seaport and logistics development and innovation. The two countries should work closely to create a favorable environment for the business community of both sides to exploit these potentials, he said. Mariella Cantagalli , an expert from the Directorate General for Trade of the E.C., said the E.U.-Vietnam Free Trade Agreement (EVFTA) has facilitated the exchange of trade and import-export between Vietnam and E.U. member countries in general, and Belgium in particular. Vietnam and Belgium has become strategic partners in agriculture. The two-way trade reached a record of 3.6 billion EUR (nearly 3.8 billion USD) in 2021. The … [Read more...] about Vietnam, Belgium look to step up trade, investment ties

Even though there are differences between the two systems, the two sides will find plenty of common ground, which hopefully will lead to closer cooperation and dialogue in bilateral parliamentary relations, Mr. Morris, who is also former British Ambassador to Vietnam, told Vietnam News Agency ahead of Hue’s official visit to the U.K. from June 28 – 30. Mr. Morris spoke highly of the Vietnam-U.K. relations, saying the 50th anniversary of their diplomatic ties next year is a fine milestone. The bilateral relationship has broadened and deepened enormously during the two decades since 2003 when Vietnam and the U.K. celebrated the 30th anniversary and he served as the British Ambassador to the Southeast Asian country, he recalled. The recent renewal after an initial 10 years of the two countries’ Strategic Partnership was a clear indication of a healthy and vibrant official relationship, as was the signing of a bilateral Free Trade Agreement in late 2020, which is already leading to a … [Read more...] about Vietnam, U.K. legislatures will find common ground for closer cooperation: VUKN Chairman

The delta is undergoing infrastructure changes, including being able to welcome larger ship capacities At the conference over a week ago on announcing the delta’s master plan and investment promotion in the 2021-2030 period in in the Mekong Delta city of Can Tho, Dutch Ambassador to Vietnam Elsbeth Akkerman highlighted the role of the private sector. “In order to develop the Mekong Delta to become liveable land for all, we should put the private sector at the forefront for further innovation,” said the ambassador. The ambassador would like to continue working with the government, private sector, scientists, and non-governmental organisations in Vietnam to successfully implement the integrated master plan to help people, the economy, society, and nature in the Mekong Delta region flourish. According to the Ministry of Planning and Investment (MPI), the total state budget for the Mekong Delta in the 2021-2025 period is estimated to be about VND460 trillion ($20 billion). … [Read more...] about New lease of life for delta development

With 119 points, Vietnam’s leading tennis player Ly Hoang Nam was ranked 364th in the latest Association of Tennis Professionals (ATP) men’s singles ranking. Tennis player Ly Hoang Nam. (Photo: thethao247.vn) This is the highest position a Vietnamese player has ever ranked. Previously, Nam's highest ranking was 385th, recorded in November 2018. The result is attributed to the fact that the player triumphed at ITF M15 in the southwestern province of Tay Ninh, earning 45 points. With the latest ranking, he remains the number-one tennis player in Southeast Asia and is far ahead of rivals in the region. Kasidit Samrej, a 21-year-old player of Thailand, is the second at 662nd. Nam has made an impressive comeback after winning three titles at tournaments in Egypt and Mexico. Previously, Nam finished the M15 Chiangrai tournament series held in Thailand with a runner-up position. He also successfully defended the gold medal in the prestigious men's … [Read more...] about Ly Hoang Nam ranked 364th in ATP world ranking