At the HCMC Party Committee's 13 th meeting (photo:SGGP) Tomorrow, the one-day conference will concentrate on the discussion and assessment of reports relating to implementation results of the socio-economic plan and the Party building work in the first six months of 2022, solutions that will be carried out in the second half of the year. According to the Ho Chi Minh City People's Committee, in the first six months of the year, Ho Chi Minh City's socio-economy continued to recover strongly with V-shaped growth and it has been maintained stably. HCMC continues to well control the Covid-19 pandemic situation, consolidate the conducted health strategy, and associate the health strategy with other strategic activities and plans. Many cultural, literary and artistic activities brought pervasiveness, especially programs to celebrate public holidays. As for the diplomatic task, political security and social order and safety have continued to be maintained. In the first six months … [Read more...] about 15th plenary conference of HCMC Party Committee to open on July 5
Setting up backgammon game
HCMC proposes Government promulgate implementation resolution of Ring Road 3
View of the online conference between the Government and the localities related to the city’s socio-economy. The proposal was released by chairman Mai at an online conference between the Government and the localities related to the city’s socio-economic reports in the first six months and assigned missions in the second half of the year, implementing resolutions of the third plenary session of the 15th-tenure National Assembly on July 4. Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai speaks at the conference. At the city’s working place, chairman Mai informed prompt and comprehensive recovery of the city's socio-economy and it is expected to reach the growth as the pre- Covid-19 pandemic period. Specifically, the city’s economic growth in the second quarter surged by 5.74 percent and up to 3.82 percent in the first half of the year. The budget revenue has reached 61.7 percent which would promote the whole year’s economic growth to 6-6.5 percent. … [Read more...] about HCMC proposes Government promulgate implementation resolution of Ring Road 3
GM Liem back on FIDE standard chess ranking
Vietnamese Grandmaster Le Quang Liem . (Photo:sggp.org.vn) Hanoi (VNA) – Vietnamese Grandmaster Le Quang Liem has been back on the International Chess Federation (FIDE) standard chess ranking after two-year absence as he had not competed in this category internationally since 2020. Liem ranked 23rd with an Elo rating of 2,722, according the latest FIDE ranking released last week. The ranking was topped by Norwegian Grandmaster Magnus Carlsen with 2,864. Two other Vietnamese grandmasters Nguyen Ngoc Truong Son and his spouse Pham Le Thao Nguyen were also named in the ranking. Son, a standard chess champion at SEA Games 31, was placed 111th with Elo of 2,645 while Nguyen was in the 2,583th position with 2,369. Last month, Liem claimed the second place at the standard chess category of an international chess tournament in Czech Republic’s Prague. He will be in Switzerland for the Biel Chess Festival 2022 from July 10 – 25./. VNA … [Read more...] about GM Liem back on FIDE standard chess ranking
Hanoi to build road tunnel in Hoan Kiem district
The Hanoi People's Committee has approved the feasibility study report of an investment project to build a road tunnel for both pedestrians and vehicles in Hoan Kiem district to improve traffic flow and ensure safety for pedestrians. A road tunnel in Hanoi The Hoan Kiem People’s Committee is assigned to be the investor of the project, with a total capital of over 100 billion VND (4.28 million USD) sourced from the district’s budget. The construction is expected to last from 2022 to 2024. The tunnel, set to be 3.2m high and 15.7m long, will connect Tran Nguyen Han and Chuong Duong Do streets. Its two doors are designed to automatically open and close for flood drainage in the storm and rainy season. … [Read more...] about Hanoi to build road tunnel in Hoan Kiem district
Vietnam minister proposes making middle school free next year
Vietnamese Minister of Education and Training Nguyen Kim Son has proposed that education fees be waived for all public middle schools across the country. The education minister put forward the proposal during an online conference with central- and local-level leaders on Monday morning. Son expects that his proposal will benefit students from grade sixth to ninth starting the 2022-23 school year, which is set to begin in less than two months. He requested the education ministry’s sub-units to work with the Ministry of Finance on evaluating the impacts of the proposed tuition exemption and calculating the state budget needed for this plan. Such tuition exemption is not a new proposition of the Ministry of Education and Training. In 2016, the government assigned the ministry to coordinate with the finance ministry in drawing up a similar scheme with a specific timeline while prioritizing investments for kindergarten and elementary education. Vietnam has made elementary … [Read more...] about Vietnam minister proposes making middle school free next year
State Bank of Vietnam announces amendments to bank loans circular
Illegitimate land slots in Bao Loc City, Lam Dong Province. The draft bans bank loans to borrowers who use the loans to secure future transactions that are unqualified at the moment of the loans. — VNA/VNS Photo The State Bank of Viet Nam (SBV) has been developing a draft amending Circular 39 on bank loans, to keep credit risks in check. The draft bans bank loans to borrowers who use the loans to secure future transactions that are unqualified at the moment of the loans. The ban is expected to prevent the use of bank loans to purchase future real estate properties, which have not been given carte blanche from the authorities due to the lack of construction permits and proof of land use rights. The HCM City Real Estate Association (HoREA) believes that law-abiding real estate firms will remain unaffected by the ban since bank loans are still available to borrowers who aim for qualified real estate properties offered by the firms. "Unqualified realty properties include … [Read more...] about State Bank of Vietnam announces amendments to bank loans circular
Tien Giang’s export turnover up 18.5% in H1
According to Acting Director of the provincial Department of Industry and Trade Dang Van Tuan, foreign-invested enterprises accounted for 80% of the province’s total export turnover. The province has so far attracted 326 projects with a total registered investment capital of VND 82.4 trillion (USD 3.5 billion), including 129 foreign-invested ones worth a combined USD 2.73 billion. Tuan attributed the export growth to attractive investment policies and timely assistance to enterprises along with the diversification of export markets. Local businesses have been also encouraged to expand exports to countries that are part of free trade agreements which Vietnam is a member of, he said, adding that the province will continue to strengthen trade promotion and facilitate the export of key agricultural products with competitive advantages such as rice, processed seafood and specialty fruits. Tuan also said that the province has set the target of an average export growth rate of 7-8% … [Read more...] about Tien Giang’s export turnover up 18.5% in H1
Indonesia cancels giant coal-fired power project
Jakarta (VNA) – Indonesia's state-owned electricity company PLN has axed a project to develop a coal-fired power plant as the country chases its long-delayed commitments to cut carbon dioxide emissions . PLN vice president of corporate communications Gregorius Adi Trianto confirmed that the company had canceled its plan to build the 1-gigawatt (GW) plant in Indramayu, West Java. It proactively stopped borrowing funds for the project as part of PLN's efforts to reach the country’s carbon neutral goal by 2060, Gregorius was quoted by local media as saying. The project’s termination came after Japan announced that it had canceled a plan to provide a loan worth 1.7 billion (12.55 million USD) for developing the Indramayu plant amid growing international criticism of coal power plants, a major source of greenhouse gas emissions. According to Indonesia ’s Ministry of Energy and Mineral Resources, total investment in the power sector reached 700 million USD in the first … [Read more...] about Indonesia cancels giant coal-fired power project