Vietnam Province Approves Rubber Development Project in 2009-2010 Vietnam’s central highlands province of Dak Lak has approved a rubber development project that costs VND2.245 trillion in 2009-2020. The province will develop rubber plantation in 77 communes in Buon Ma Thuot city, Buon Ho township and 10 districts of Ea H’Leo, Ea Sup, Krong Nong, Krong Buk, Buon Don, Cu M’Gar, Ea Kar, Krong Pak and Cu Kuin. The project will expand the province’s total rubber area to 49,140 hectares in 2020, up by 24,410 hectares from 2008. Of the total, some 36,870 hectares will be harvestable with expected yield of 1.65 tons/hectare. In the first nine months of 2009, Dak Lak produced 9,072 tons of rubber latex, meeting 51.36% the year’s plan. (Vietnam Agriculture) more news … [Read more...] about Vietnam Province Approves Rubber Development Project in 2009-2010
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Vietnam Needs $123.78B for Railway Development Projects By 2030
Vietnam Needs $123.78B for Railway Development Projects By 2030 The rest of VND1,054 trillion will be poured in the phase from 2020 to 2030 to complete an overall railway development plan approved by the government. Last year, Vietnam invested a total of VND708.8 trillion in development projects, up 15% on-year, including VND228.24 trillion for major infrastructure projects, up 98% from a year earlier. The Southeast Asian country is in dire need of capital for developing infrastructure projects nationwide. It plans to raise VND56 trillion from bond issuances for its major infrastructure projects this year. (Transport) more news … [Read more...] about Vietnam Needs $123.78B for Railway Development Projects By 2030
Vietnam anticipates double-digit fall in cheap loans for development projects
In a budget plan released on Thursday, the government said although its agencies and local governments need at least $39.5 billion in cheap loans for economic and social development projects by 2020, foreign sponsors will likely pledge between US$20 and $25 billion. The amount committed for the last five-year period was $27.7 billion. Vietnam will have to diversify its capital sources, including attracting foreign direct investment into projects such as roads and hospitals. Annual disbursement will be $5-6 billion a year over the next five years, slightly higher than the 2011-15 average, the government said. Nearly $22 billion pledged for past projects will continued to be disbursed in 2016-20, it added. Vietnam's public debt was equivalent to 61.3 percent of its gross domestic product at the end of last year, up 60.3 percent in 2014, according to official figures. It is forecast to reach 62.3 percent at the end of this year, compared to the safety limit set at 65 percent. … [Read more...] about Vietnam anticipates double-digit fall in cheap loans for development projects
VietPower: 1st Conference to Uncover Results of MOIT’s Power Development Master Plan VII September 27-30, 2010 in Hanoi
VietPower: 1st Conference to Uncover Results of MOIT’s Power Development Master Plan VII September 27-30, 2010 in Hanoi VCCI will act as the official supporter of IBC Asia’s 2nd Annual VietPower Conference, which will take place this September 27th-30th in Hanoi. About the Event: There is a new age of foreign sector investment into Vietnamese infrastructure. AES and Vinacomin just signed off the first BOT (Build Operate Transfer) power project since Phu My 3 in 2001 – what does this mean for increased foreign infrastructure build in Vietnam? The Ministry of Industry and Trade are soon publishing Master Plan VII which will decide how to enter Vietnam’s power investment community. VietPower will apply the new policies to increasing the number of live projects on the ground. VietPower will have an extensive marketing campaign targeting regional government, power companies, law firms, financiers, EPC (engineering, procurement and construction) companies, power … [Read more...] about VietPower: 1st Conference to Uncover Results of MOIT’s Power Development Master Plan VII September 27-30, 2010 in Hanoi
The conference “the development strategic planning frame of cultural industries in Vietnam”
(Cinet) – Within two days July 13, 14, in Hanoi, the MOCST cooperted with the ambassador of Denmark in Hanoi and the British Council to hold the conference “the development strategic plan frame of cultural industries in Vietnam” in the project frame “dialogues between the managers and making cultural policies” donated by Denmark. The Deputy Minister Ho Anh Tuan attended the conference and made a speech to open the conference. Speaking at the conference, the Deputy Minister Ho Anh Tuan confirmed: Creativity industries in general and cultural industries in particular have the ongoing important role in the modern economy of the post industry. The growth speed of these fields are higher than the medium growth of the whole national economy, contributing considerably to creating jobs. At the meeting in the morning, the Associate professor, doctor, Luong Hong Quang, the deputy director of the Arts and Culture Institute (the MOCST) presented the report “ … [Read more...] about The conference “the development strategic planning frame of cultural industries in Vietnam”