Vietnam and cambodia itinerary 3 weeks

With the slow equitisation and restructuring of major state-owned enterprises, the Vietnamese government has been urged to accelerate the process with an aim to create more opportunities for the private sector. Transparency is a must when it comes to delays or losses in SOE equitisation plans Like many National Assembly deputies, Do Van Sinh last week told VIR that he felt anxious about the snail-paced equitisation and restructuring of state-owned enterprises (SOE). Sinh, representing the central province of Quang Tri, cited a foreign investor wishing to purchase stakes from an SOE, but ultimately failing. “The investor wants to buy 51 per cent stake from the enterprise, but the enterprise only offered 30 per cent,” Sinh said. “The investor quit the plan as it wants to have a big voice in the business and make important decisions about its operation.” “This case is just one among many similar others seen in Vietnam over the past few years. According … [Read more...] about Fixes required for SOE progress slip in Vietnam

His message of best wishes was addressed to Samdech Heng Samrin, Honorary President of the Cambodian People's Party, President of the Cambodian National Assembly, and President of the Solidarity Front for Development of the Cambodian Motherland. Secretary of the Communist Party of Vietnam Central Committee and President of the Vietnam Fatherland Front Central Committee Tran Thanh Man The New Year festival, called Chol Chnam Thmay in Cambodia, Songkran in Thailand, Bunpimay in Laos and Thingyan in Myanmar, takes place in April every year, attracting tourists with traditional culture, a festive atmosphere and water splashing traditions to wash away bad luck and pray for a good new year. Chol Chnam Thmay is one of the most important festivals for Khmer people in Cambodia. It usually lasts three days and is celebrated mostly in pagodas. Source: VNA … [Read more...] about Front leader greets Cambodia on traditional Chol Chnam Thmay festival

Steel production at a mill of Hoa Phat corporation (Photo: VNA) Hanoi (VNA) – The sales of Hoa Phat construction steel grew nearly 30 percent year on year to 933,626 tonnes in the first for months of the year. Hoa Phat Group, a major industrial group in Vietnam, said that it shipped nearly 95,000 tonnes of steel overseas during the January-April period, up 22 percent from the same time in 2018. According to Do Minh Quy, Director of Hoa Phat Group’s branch in Ho Chi Minh City, the sales increased particularly in the civil construction area as the group was able to give better supply to the market. Thanks to the completion of the construction steel production line at the Hoa Phat Dung Quat Iron and Steel Production Complex, the sales of steel in the southern region was 3.5 times higher than the amount recorded in the same time last year. In April, Hoa Phat Dung Quat port welcomed the first foreign ship, BBC Switzerland, which carried technological equipment for the … [Read more...] about Hoa Phat’s construction steel sales surge 30 percent in four months

Escalating trade tensions and rising protectionism have caused a formidable pressure on Vietnamese steel sector.(Photo: VNA) Hanoi (VNA) – Escalating trade tensions and rising protectionism have caused a formidable pressure on Vietnamese steel sector, according to insiders. The Vietnam Steel Association (VSA) has said local steel producers faced difficulties in the first months of 2019 when prices averaged just 650 USD per tonne, a fall of 12 percent compared to the same time last year, driven by trade tensions. Vietnam mainly shipped steel and iron to the markets of the Association of Southeast Asian Nation (ASEAN), the US and the European Union. Although exports to popular partners like Cambodia, Indonesia and Malaysia were kept steady, shipments to two other major outlets - the US and the EU - saw strong declines in both volume and value. Some 285,000 tonnes of steel and iron were exported to the US during January-June, earning the country 223.2 million USD, representing a … [Read more...] about Vietnamese steel faces tough seas

Various sectors of Tak province of Thailand and Myawaddy province of Myanmar have jointly held the 19th annual cycling activity in Mae Sot district. (Source: thainews.prd.go.th) Bangkok (NNT/VNA) - Various sectors of Tak province of Thailand and Myawaddy province of Myanmar have jointly held the 19th annual cycling activity in Mae Sot district.  Representatives of administrative, tourism and trade agencies of Tak and Myawaddy provinces were present at the event’s opening ceremony at Mae Moei City shopping mall.  The activity this year drew more than 1,000 participants from Thailand and Myanmar. They were to cycle from the Thailand-Myanmar Friendship Bridge in Mae Sot district in Tak province to various tourist attractions in Myawaddy province.  The activity is aimed at strengthening relations between Thailand and Myanmar, encouraging physical exercise and promoting tourism in Cambodia, Laos, Myanmar and Vietnam known as the CLMV subregion.-VNA VNA … [Read more...] about Thailand, Myanmar hold annual cycling activity