The loan will provide immediate funding for the government’s recovery and rehabilitation action plans, targeting urgent needs such as temporary shelters, social protection and social services, as well as economic recovery through cash assistance, credit schemes, and skills improvement programs.“ADB’s emergency assistance loan provides timely and flexible financing to help mitigate the devastating impacts of the recent disasters,” said ADB’s Director for Public Management, Financial Sector, and Trade Division for Southeast Asia Ms. Sona Shrestha. “The quick-disbursing loan modality will help ensure that post-disaster recovery and rehabilitation expenditures are met without compromising critical economic and social development expenditures in the national budget.”The loan, named Emergency Assistance for Recovery and Rehabilitation from Recent Disasters, is part of ADB’s response to two recent disasters that hit Indonesia including a … [Read more...] about ADB supports Indonesia’s recovery and rehabilitation of Lombok and…
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Tuy An district: Lots of national level vestiges and scenic spots need awakening
Tuy An district has 7 national vestiges and scenic spots, 5 provincial historical vestiges. However, for the past years, these natural resources have been in the form of potentials, unable to attract tourists. In comparison with other localities in the province, Tuy An has more forms of vestiges. Among the 7 national scenic spots, there are 3 historical vestiges (Thi Thung tunnel, where the massacre Ngan Son-Chi Thanh occurred, the tomb and shrine of Le Thanh Phuong), one historical-art vestige (White stone pagoda- Tu Quang), 1 archeological vestige (An Tho citadel) and two scenic spots (O Loan lagoon, Dia reef). To name just a few since Tuy An district also has a part of water surface of the scenic spot of Xuan Dai bay and many other scenic spots not yet ranked but possessing the great values for tourism development, namely Phu Thuong beach-Yen islet (An Hoa commune), Xep beach (An Chan commune), Lao Mai Nha beach (An Hai commune), Mang Lang church (An Thach commune)…Despite … [Read more...] about Tuy An district: Lots of national level vestiges and scenic spots need awakening
On solutions to remove difficulties against production and business, support the market and deal with non-performing loans
GOVERNMENT ___________ No: 02/NQ-CP SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness _____________________Ha Noi, January 07, 2013 RESOLUTION On solutions to remove difficulties against production and business, support the market and deal with non-performing loans To realize the socio-economic development objectives and targets for 2013 approved by the National Assembly, namely curbing inflation, stabilizing the macro-economy, ensuring social security, gradually restructuring the economy towards higher quality, effectiveness and competitiveness, creating changes since the beginning of year, striving to successfully achieve the socio-economic development indices set for 2013, while taking measures to remove difficulties to facilitate enterprises' production and business, and step by step handling bad debts in association with supporting market development, the Government requested the ministers, heads of ministerial-level agencies and … [Read more...] about On solutions to remove difficulties against production and business, support the market and deal with non-performing loans
Public-Private Partnership Needs A Boost
Public-Private Partnership Needs A Boost By Nguyen Tan The Ministry of Planning and Investment is fine-tuning its pilot regulation for public-private partnership (PPP) in response to the Prime Minister’s request. Dang Huy Dong, deputy minister of planning and investment, says that the regulation is ambitious but not without challenges. Once given the nod, it will hopefully knock capital mobilization for infrastructure projects into shape. At a conference on capital for infrastructure, jointly held by the HCM City People’s Committee and the Ministry of Planning and Investment (MPI), Dang Huy Dong claimed that Vietnam would need some US$100-150 billion to maintain a growth rate of 7-8% per annum within the next decade, which translates into approximately US$10 billion per annum or even more. However, the State budget, bond issues and official development assistance (ODA) can meet only 40-50% of this amount. The remainder entirely depends on private investors, both local and … [Read more...] about Public-Private Partnership Needs A Boost
4G: What you need to know
4G is coming -- but what is 4G and when will it supercharge your gadgets? 4G is 3G, only faster, giving you a speedier Internet connection on your smart phone, tablet or laptop. EE -- the new name for Everything Everywhere -- has today announced its new 4G network (and the UK's first LTE deployment), which it's calling 4GEE, will launch in a matter of "weeks". EE says it's aiming to have 4GEE up and running in 16 cities by the end of this year, reaching a third of the UK population. What's so great about 4G? 4G is much faster than 3G, letting you download Web pages or stream, music and video at speeds of between 8 and 30Mbps -- so say goodbye to stuttering video and tunes when you're out and about. EE says its 4G network will "bring speeds five times faster than 3G to the UK" -- but expect that figure to be qualified by an 'up to' prefix lurking somewhere in the T&Cs. 4G isn't just about fast phones. Matthew Howett, principal analyst at Ovum, points out that 4G is … [Read more...] about 4G: What you need to know