At a press conference on April 5, the MoF reported that total state budget revenue reached VND 381 trillion (over USD 16.4 billion) during the last three months, equivalent to 27 percent of the targeted figure for this year – higher than the 23 percent of annual targeted revenue achieved during the same period last year. That sum included VND 315.4 trillion gained from domestic sources, up 13.8 percent year-on-year, the ministry said, adding that 49 of the 63 provinces and centrally-run cities had revenues from domestic sources equivalent to over 24 percent of their estimates for this year. Fifty-four localities reported year-on-year increases in their Q1 revenues. Photo: baohoabinh.com.vn. Meanwhile, the state budget spending during the period surpassed VND 315 trillion, equivalent to 19.3 percent of this year’s spending estimate. The MoF said spending tasks have been performed in line with the set plans, ensuring social security. As the spending demand … [Read more...] about State budget surplus recorded in Q1: Finance Ministry
Toughness value of steel
Vietnam’s ‘Queen of Speed’ faces stern test in SEA Games title defense
Vietnamese sprint star Le Tu Chinh - dubbed Southeast Asia's Queen of Speed - will face a tough test in the defense of her 200m Southeast Asian Games title on Saturday after Filipina Kristina Marie Knott set a new competition record in the heats. Both runners won their respective qualifying races in the morning session of the first full day of athletics at the 20,000 capacity stadium at the Games' main hub in New Clark City on Saturday. Knott, 24, clocked a time of 23.07 seconds to break the SEA Games best, while the 22-year-old Vietnamese came in on 23.61. Chinh won a sweep of sprint titles in the 2017 Games in Kuala Lumpur - the 100m, 200m, and 4 x 100m relay - and is aiming to defend all three in the Philippines in the coming days. Medals will also be decided on Saturday in the men's pole vault, long jump, 200m and 10,000m, and the women's hammer and triple jump. Men's and women's teams will also contest the 4 x 400m relay. Le Tu Chinh finishes first in the second qualifying … [Read more...] about Vietnam’s ‘Queen of Speed’ faces stern test in SEA Games title defense
Vietnam – Laos conference to share experiences in ethnic work
Delegates at the event (Photo: http://daidoanket.vn/) Nghe An (VNA) – A Vietnam – Laos conference was held in the central province of Nghe An on December 7 to seeks ways to continue nurturing the bilateral relations and friendship and to share experiences in the ethnic work between the two countries. With the participation of more than 300 delegates from Vietnam – Laos bordering provinces, the event is a chance for them to analyse deeply and comprehensively the issues on the role of the political systems and ethnic minority communities along the border line in nurturing the tradition of the great relations between the two neighbouring countries. Speaking at the function, Politburo member and Permanent Deputy Prime Minister Truong Hoa Binh stressed that the conference is another chance for the two countries to further strengthen the ties between them as well s the closeness between the ethnic groups living along the sides of the Truong Son mountain range. … [Read more...] about Vietnam – Laos conference to share experiences in ethnic work
Capital gets to taste Lao Cai province’s local specialties
Visitors check information on products at the fair (Photo: VNA) Hanoi (VNA) - As many as 76 specialties from the northern mountainous province of Lao Cai are being displayed at the Lao Cai agricultural and OCOP products exhibition which began on December 6 at the Big C Thang Long supermarket in Hanoi. The three-day event is part of efforts made by the province and Big C, Central Group Vietnam, to introduce safe and high-quality products from other regions to the capital city’s citizens, as well as helping promote “One Community One Product” (OCOP) programme and grow local businesses and farmers. On display are 45 OCOP products certified with three to five stars such as Seng Cu rice, Tham Duong glutinous rice, sausages, dried pork, smoked buffalo meat, cabbages, chayote, kohlrabi, mushrooms, Muong Khuong chili sauce, dried bamboo shoots, medicinal herbs, tea, wine, vermicelli and smoke salmon. According to Nguyen Xuan Nhan, Deputy Director of the … [Read more...] about Capital gets to taste Lao Cai province’s local specialties
Zeitgeist metro city to add more green space
First phase of metro city project in HCMC to be completed by Q3 2021. Zeitgeist, the largest metro city in Saigon South and developed by Vietnam GS Industry (VGSI) - a subsidiary of the prestigious GS E&C in South Korea - will add more green space in Nha Be district as per the company’s commitment to incorporating nature as the new standard of living. With a total area of 349 ha, divided into five development stages, and with an expected population of up to 68,000 citizens, Zeitgeist is one of the largest projects in the South Saigon area. Phase 1.1 of the project, called “Zeit River County 1”, will cover 17.9 ha and comprise 359 villas, townhouses, and shophouses. Built to be a modern urban area, 70 per cent of Zeitgeist is green with ample public space and relaxing facilities. The project incorporates solar panels to ensure sustainable energy sources while designing homes to have airy views, optimized for fresh air and natural light. “We believe … [Read more...] about Zeitgeist metro city to add more green space