Usd

The Dream City project, invested in by the Viet Han Trading – Advertising – Construction – Real Estate Co. Ltd, was granted an investment certificate in January 2010. It was set to build a complex of world-standard residential, eco-tourism and entertainment areas covering 2,050ha, including a golf course, villas, resorts, residential areas, a park, sports facilities, a casino and horse racing tracks. The project was assessed as the biggest investment project in Phu Tho. However, after committing to the project, Viet Han has just carried out site clearance on a very small area. The cleared area has also been abandoned by the business. Phu Tho is taking various measures to promote investment. It attracted five foreign direct investment (FDI) projects worth US$14.5 million in the first nine months of 2018. It currently houses projects of about 150 FDI firms with total registered capital of US$1.1 billion. The province aims to attract VND5.5 – 6 trillion of … [Read more...] about Phu Tho province puts an end to billion-USD project

Phan Van Vinh Under the 235-page indictment, Vinh and Hoa are accused of abusing their positions and power as stated in Point A, Clause 2 of Article 356 of the Criminal Code 2015 (revised in 2017). The Procuracy has also decided to bring the two to court. If found guilty, the duo may face 5-10 years in prison. On July 18, the Phu Tho Department of Public Security proposed 92 persons be prosecuted for one or some of the charges of organising gambling, gambling, illegally trading invoices, money laundering, bribery, using the internet to appropriate assets and abusing position and power while performing duties. The investigation agency has seized more than 1.34 trillion VND (58.3 million USD) of money from the ring organisers and accomplices. The Procuracy held that Vinh’s acts have caused particularly serious consequences and badly affected the prestige of the police, while Hoa was accused of covering up the case. On April 6, President Tran Dai Quang signed a decision to … [Read more...] about Indictment completed for massive online gambling ring leaders

The document was inked by representatives of the Vietnamese Ministry of Industry and Trade (MoIT) and the U.S. Department of State during a working trip to the U.S. from September 30 to October 2 by a MoIT delegation. The MoU is an important milestone in energy collaboration between the two countries, opening up a new page of more intensive and comprehensive cooperation. The document covers various cooperation areas in the energy sector, ranging from energy security, energy market development and energy transformation to relevant regulations and policies, energy management and energy technology and infrastructure, including the role of public-private cooperation. It establishes a clear collaboration framework and mechanism, thus facilitating specific partnerships between Vietnamese and U.S. firms, towards the goal of sustainable energy development in Vietnam. At the signing ceremony Both sides hoped that the document will create the foundation for the building of … [Read more...] about Vietnam, U.S. establish comprehensive energy cooperation partnership

At the working session (Photo: VNA) Hanoi (VNA) – The National Assembly adopted a resolution on State budget allocation in 2020 in the morning of November 14, with 90.48 percent of approval votes. Under the resolution, central budget collection is set at more than 851.76 trillion VND (36.7 billion USD), and accumulative local budget collection at over 660.53 trillion VND. Meanwhile, central budget spending is set at over 1,069 trillion VND, including more than 367.7 trillion VND reserved for supplementing the State budget balance and local budgets. The NA has tasked the Government with assigning tasks in State budget collection, spending and allocation to ministries, central agencies and centrally-run cities and provinces in line with legal regulations. The Government is also in charge of allocating the remaining capital of the national target programmes on new-style rural area building and on completely treating facilities causing serious environmental pollution. The … [Read more...] about National Assembly adopts resolution on 2020 State budget allocation

A staff member from Norwegian People’s Aid Vietnam surveys an area contaminated with landmines (Photo courtesy of NPA) Hanoi (VNA) - As many as 2,000 people were killed by post-war landmines between 2010 and 2014, while an estimated 6.1 million hectares accounting for more than 21 percent of Vietnam’s land remains contaminated with unexploded ordnance (UXO). This information was released by Dang Van Dong, Deputy Director of the Vietnam National Mine Action Centre (VNMAC) under the Ministry of National Defence, at a November 23 conference on promoting international partnerships and supporting victims of UXO and Agent Orange (dioxin) in Vietnam. Victims of left-over bombs and mines have mostly been in the Central Highlands and central provinces. High-risk groups include children under 16, scrap collectors and people living in isolated areas. The centre operates a livelihood assistance programme and provides aid of up to 5 million VND (213 USD) to each landmine … [Read more...] about Domestic and international efforts boost landmine cleanup