Thousand usd to million usd

Hanoi (VNA) – Ford Vietnam has announced an additional investment of 82 million USD (over 1.9 trillion VND) to expand its automobile factory in the northern province of Hai Duong. The expansion is expected to increase the plant’s production capacity from 14,000 cars at present to 40,000 per year. Speaking at the announcement ceremony in Hai Duong on January 14, Ford Vietnam General Director Pham Van Dung said the decision was made based on the growing demand for Ford cars and optimistic forecasts for the development of Vietnam’s auto market. Meanwhile, Vice President at Ford International Markets Group (IMG) Andrea Cavallaro said the additional investment will bring Ford’s total investment in Vietnam to more than 200 million USD. It also affirmed Ford’s long-term investment commitment in Vietnam’s auto market, he added. Deputy Minister of Industry and Trade Do Thang Hai said the expansion has significant meaning in implementing the development … [Read more...] about Ford Vietnam adds 82 million USD in factory expansion project

Quang Nam (VNA) – The south-central coastal province of Quang Nam has set a target of serving 8.1 million tourists in 2020. In 2019, the province welcomed nearly 7.7 million visitors, including over 4.6 million foreigners, and earned more than 6 trillion VND (259.1 million USD). Its top 10 markets comprised of the Republic of Korea (RoK), Australia, the UK, France, China, Germany, the US, Japan, Malaysia and Taiwan.   Quang Nam is the only locality in the country having two sites recognised by UNESCO as the world cultural heritage sites, namely Hoi An ancient city and My Son sanctuary.  Over the years, Hoi An has been a top global travel destination as a living museum of history and architecture. The number of tourists visiting Hoi An is increasing rapidly, from nearly 100,000 in 1999 to more than 2.5 million last year. In 2018, the US News Cable Network (CNN) selected Hoi An as one of the most beautiful old towns in Southeast Asia.  My Son … [Read more...] about Quang Nam aims to welcome 8.1 million tourists in 2020

- A group of 650 Jakarta residents have filed a class action suit against Jakarta Governor Anies Baswedan for the losses caused by flooding in early 2020 that left over 50 dead and washed away thousands of houses.  … [Read more...] about Flood victims sue Jakarta Governor over damage

Hanoi (VNA) – A ceremony was held on January 15 to mark the completion of a project to upgrade the Vietnam social protection centre for Agent Orange (AO)/dioxin victims in Hanoi’s suburban district of Thach That district. The project, started last August, was funded by a 150,000 USD grant from Gyeonggi province of the Republic of Korea (RoK), through the Vietnam Environment Protection Fund of the Ministry of Natural Resources and Environment (MoNRE). Five years since its establishment, the social protection centre has offered accommodation, rehabilitation and training for AO/dioxin victims. The project has repaired and built new sauna rooms to serve detoxification treatment. It also created a medicinal herb garden spanning nearly 1,000 sq.m, and improved the landscape at the centre. At the ceremony, representative of the sponsor Shin Myung-seob voiced his hope that the project will help to ease the pain of AO/dioxin victims in Vietnam. For his part, Chairman of the … [Read more...] about Social protection centre for AO/dioxin victims upgraded

Chairman of the Bac Lieu People’s Committee Duong Thanh Trung (R) grants an investment decision to a representative from Singapore’s Delta Offshore Energy Pte.Ltd (DOE) to build a 3,200MW liquefied natural gas-fired power plant. (Photo: VNA) … [Read more...] about Liquefied natural gas-fired power plant to be built in Bac Lieu