Vietnamese midfielder Nguyễn Trọng Hoàng (left) battles with Thailand's Theerathon Bunmathan. — VNS Photo Đoàn Tùng HÀ NỘI — Việt Nam and Thailand played out another goalless draw in Hà Nội tonight, leaving Việt Nam still unbeaten and atop Group G of the World Cup qualifiers. The match at Mỹ Đình Stadium was a repeat of the reverse fixture in September, when again the two sides couldn’t be separated, though in truth the home side will be happier with the point after withstanding a lot of second-half pressure. Việt Nam’s coach Park Hang-seo named the same team that defeated the United Arab Emirates on November 14, while Akira Nishino’s Thailand made several changes from the team that lost to Malaysia, with star left-back Theerathon Bunmathan back in the side after missing out through suspension. The home side almost enjoyed a dream … [Read more...] about Việt Nam battle to goalless draw with Thailand
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Ancient beauty of oldest pagoda in Hanoi
Hanoi's Tran Quoc Pagoda is one of the oldest pagodas in Vietnam. It is famous not only for its ancient beauty but also for its fresh and green space combined with its architecture, cultural history. Located on an eastern island of West Lake in Hanoi, Tran Quoc Pagoda is one of the oldest pagodas in Vietnam at more than 1,500 years old Tran Quoc Pagoda was first erected with the name “Khai Quoc” (Opening a country) during King Ly Nam De Dynasty, between year 544 and 548. Till the 15th century, during King Le Thai Tong reign, it was renamed to “An Quoc”, which means a peaceful country. People often call it 'Tran Quoc' VNA Famous Khmer pagoda on Vietnam-Cambodia border area Xa Xia Pagoda is one of the typical tourist attractions and a cultural and religious centre of Khmer ethnic people in Ha Tien town of the southwestern province of Kien Giang. Thua Thien - Hue: Reconstruction of ancient pagoda under question The ongoing reconstruction of the … [Read more...] about Ancient beauty of oldest pagoda in Hanoi
Red tape results in low ODA disbursement in Vietnam: ADB
Vietnam’s average disbursement rate is much lower than that of other recipients of the Asian Development Bank’s ODA loans, largely due to cumbersome and time-consuming procedures, said Eric Sidgwick, ADB country director for Vietnam. Minister of Finance Dinh Tien Dung speaks at a teleconference in Hanoi on June 26. Red tape is one of the main reasons for slow loan disbursement – PHOTO: THOI BAO TAI CHINH Speaking at a teleconference in Hanoi on Wednesday, Sidgwick said Vietnam had a good rate of disbursement in the past. However, the rate has been on the decline since 2014, and it is currently very slow, reported the local media. Vietnam’s average disbursement rate in 2018 reached 11.2%, or half of the rate in the 2011-2014 period, at 21.7%, and half the rates of other countries, according to the director. He pointed out that even minor changes in projects such as increases in scale, six-month loan extensions, cost structure changes or the use of … [Read more...] about Red tape results in low ODA disbursement in Vietnam: ADB
High-speed railway: Vietnam still needs to import technology
A workshop on technological solutions for the North-South high-speed railway took place in Hanoi. “We are still not ready enough. When will carriage factories be able to build the carriages for high-speed 200-300 kilometers per hour trains?” Deputy Minister of Planning and Investment Vu Dai Thang asked recently. The $58.71 billion project has estimated investment rate of $38 million per kilometer. It will be implemented in two phases: the first one with estimated capital of $24.714 billion and the second $33.998 billion. MPI Deputy Minister Thang commented that it is necessary to clarify development scenarios, while it is not possible to immediately develop a high-speed development plan. Thanh Lich North-south express railway: how much money is enough? Experts say the north-south expressway project worth tens of billions of dollars raises big questions in the context of ‘every locality has one airport’ race. North-south expressway: … [Read more...] about High-speed railway: Vietnam still needs to import technology
State may have to pay debts of Vietnam Development Bank
Acting on behalf of the government in disbursing capital for the nation’s important projects, the Vietnam Development Bank (VDB) has been found committing serious violations. VDB was established in 2006 as a not-for-profit bank which receives subsidy from the state for interest rate differences, and management and payment-guarantee fees. Under Decision No 1515 released in 2015, the government authorized the Ministry of Finance (MOF) to manage and exercise owner’s rights and duties. VDB has huge charter capital of VND30 trillion. A report fromMOF showed that the outstanding loans the bank provides is VND100 trillion each year. It also issues tens of trillions of dong worth of bonds. At a recent workshop, Nguyen Chi Trang, deputy general director of VDB, said VDB was holding and disbursing 60 percent of ODA capital. As of August 31, 2018, VDB’s foreign outstanding loans had reached VND152.9 trillion. The government’s inspectors have found that VDB did not … [Read more...] about State may have to pay debts of Vietnam Development Bank
