Minister warns about development of small-scale hydropower

29/10/2020    18:10 GMT+7 vietnamnet

Answering the local press on the sidelines of the National Assembly session, Minister of Natural Resources and the Environment Tran Hong Ha said the principle of his ministry is ‘not to develop small-scale hydropower at any cost’.

Many experts believe that the historic floods in the central region some days ago were the results of climate change. How does the draft of the amended law on environmental protection address the issue?

Minister warns about development of small-scale hydropower

Minister of Natural Resources and the Environment Tran Hong Ha

The issues related to climate change, natural disasters and floods are mentioned in many laws. The reason behind recent floods is extreme climate change. All the indicators exceed the indicators of the floods in history.

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North-South high-speed railway to be core part of national transport system

30/10/2020    07:10 GMT+7 vietnamnet

Prime Minister Nguyen Xuan Phuc asked the Ministry of Transport to propose a feasible plan for the North-South high-speed railway, considering this the backbone of the national strategy on railway development by 2050.

North-South high-speed railway to be core part of national transport system
A train in Ninh Phuoc District, Ninh Thuan Province. — VNA/VNS Photo

The high-speed line, inter-provincial, inter-regional and urban railway networks must also be added to the strategy, he said.

He was speaking at a Government meeting on Wednesday on the development strategy for Vietnam’s railway towards 2050.

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2,75 triệu tỷ đầu tư công trung hạn 5 năm tới

VnExpress

Quy mô đầu tư công trung hạn giai đoạn 2021-2025 tăng hơn 37% so với giai đoạn 2016-2020, tương đương 2,75 triệu tỷ đồng.

Báo cáo trước Quốc hội, Bộ trưởng Kế hoạch & Đầu tư Nguyễn Chí Dũng cho biết, tổng mức vốn đầu tư trung hạn từ nguồn ngân sách giai đoạn 2021-2025 là 2,75 triệu tỷ đồng, tăng 37,5% so với kế hoạch giai đoạn 2016-2020. Trong đó, nguồn từ ngân sách trung ương là 1,38 triệu tỷ, còn vốn cân đối ngân sách địa phương là 1,37 triệu tỷ đồng. Mức dự phòng chung là 10%.

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Government names SOEs incurring losses of trillions of VND

Chia sẻ | FaceBookTwitter Email Copy LinkInterested020/10/2020    20:12 GMT+7

The government has sent a report to the National Assembly on investment of state capital in enterprises, and the use of the fund for enterprise support and development in 2019.

As of the end of the 2019 fiscal year, there were 818 enterprises with state capital, including 491 wholly state owned (SOEs) and 327 state invested enterprises.

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Vietnam makes all-out efforts to boost public investment disbursement

vietnamnet 20/10/2020    10:31 GMT+7

Vietnam is making all-out efforts to boost the disbursement of public investment as it seeks to post GDP growth of 3 percent this year amid the global economic downturn triggered by the COVID-19 pandemic.

Vietnam makes all-out efforts to boost public investment disbursement hinh anh 1
Construction of expanded Cao Bo Bridge in the northern province of Ninh Binh, a key section of the North-South Expressway. (Photo: VNA)

The Government views public investment as an engine for growth that can offset the impact of the pandemic.

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Infrastructure development at the centre of PPP decree direction

16/10/2020    06:38 GMT+7

Further clarifying the legal framework for infrastructure development via wider participation of private investors is expected to help the country attract more funding into the industry.

   
Infrastructure development at the centre of PPP decree direction. Photo: Le Toan/VIR

The Ministry of Planning and Investment is now compiling two decrees to guide the implementation of the Law on Public-Public Partnership Investment. They include a decree on detailing the law and another one on selecting investors.

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Strict rules implemented to stop unwanted messages and advertising

15/10/2020    09:22 GMT+7 vietnamnet

Nguyen Khac Lich, deputy director of the Information Safety Department under the Ministry of Information and Communication, talks to VietNamNet about measures to prevent spam messages and unwanted advertising.

Nguyen Khac Lich, deputy director of the Information Safety Department. Photo: VNN

What are the new points contained in Decree 91/2020 regarding all forms of advertising via telecommunications, including SMS, email and calls?

Decree 91/2020 was issued in August 2020 to govern all forms of advertising via telecommunications such as SMS, email and phone calls. The decree introduces a wide range of new restrictions on telemarketing and corresponding sections. Any texts, emails or phone calls that are not compliant with the requirements will be deemed spam.

Under the decree, telemarketers are not permitted to make any calls before obtaining the prior consent of the targeted consumers.

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Big investors pour money into IZ projects as land fund declines

15/10/2020    09:30 GMT+7 vietnamnet

The land rent in some industrial zones in Hai Phong, Bac Ninh and Hai Duong has increased by 20-30 percent.

Covid-19 has temporarily disrupted investments, but the interest in Vietnam remains strong as it is expected to be the new industrial power in the region. Investors are still seeking land and workshops to prepare their plans.

Big investors pour money into IZ projects as land fund declines

According to JLL, more and more online platforms have been set up which allow clients to find and lease land from a distance.

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VN to set new regulations for overseas investment

13/10/2020    19:02 GMT+7 vietnamnet

Individuals will no longer be allowed to invest in real estate abroad if a new draft decree issued by the Ministry of Planning and Investment is approved.

Viettel Group has invested in providing telecommunications services in a number of countries. Viet Nam is developing a decree to better manage overseas investments. — Photo baodauthau.vn

Enterprises founded under the provisions of the Law on Enterprise would be exempt from the ruling.

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Infographics: Urban Development in Viet Nam

By | May 2nd 2019|

URBANET’s latest infographic series with interesting facts and figures about urbanisation and urban development in Viet Nam.

Urbanisation in Viet Nam – Urban and Rural Population in Viet Nam | Viet Nam Infographics © GIZ

The graphic displays the steady growth of Viet Nam’s urban population since 1950. The growth of the rural population stagnated in the early 2000s and is projected to decrease over the next decades. Prospects suggest that by 2040 more people will live in urban than in rural areas.

Urbanisation in Viet Nam – Size of Settlements in Viet Nam | Viet Nam Infographics © GIZ


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$777 mln expressway proposed from southern province to Central Highlands

By Phuoc Tuan   October 9, 2020 | 08:31 pm GMT+7 VNExpress$777 mln expressway proposed from southern province to Central HighlandsAn intersection between the Ho Chi Minh City – Long Thanh – Dau Giay Expressway with the National Highway 1A in Thong Nhat District, Dong Nai Province. Photo by VnExpress/Phuoc Tuan.

A VND18 trillion ($777 million) expressway is proposed to be built between the southern province of Dong Nai and Lam Dong in the Central Highlands.

The 67-kilometer expressway will have four lanes and allow vehicles to travel at up to 80 kilometers per hour, according to a pre-feasibility report drawn up by the Ministry of Transport’s Thang Long Project Management Unit.

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LG to build new R&D center for vehicle component solutions in Da Nang

Tuesday, October 06, 2020, 18:32 GMT+7 tuoitrenews

LG to build new R&D center for vehicle component solutions in Da Nang
Representatives of the Da Nang Investment Promotion Agency (IPA) and the Vehicle Component Solutions – Development Center (LG VS) of LG Electronics Vietnam Hai Phong Co. Ltd. sign a memorandum of understanding on the establishment of a new R&D center in Da Nang City, October 6, 2020. Photo: Tan Luc / Tuoi Tre

South Korean multinational conglomerate LG has announced the establishment of a center for the research and development (R&D) of vehicle components in the central Vietnamese city of Da Nang.

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Why do Vietnam’s live digital platforms fail in the home market?

SCI-TECH & ENVIRONMENTFace BookTwitterBình luậnTin nóng

06/10/2020    18:01 GMT+7 vietnamnet

From Umbala to 360Live, Vietnam’s technology platforms have failed to compete with foreign rivals such as Tik Tok and Bigo Live.

When Facebook set foot in Vietnam, Vietnam’s social networks were already here, but then had to leave some months later. The same occurred when YouTube and Tik Tok came to Vietnam.

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Silicon Valley in Southeast Asia: Da Nang lures Japanese technologies

Da Nang has caught the attention of Japanese ICT firms thanks to its favorable investment environment.

Japan is the second largest foreign direct investor in Vietnam with total registered capital of $60 billion. Japanese investors have invested in 4,200 projects, including 700 ICT ones.

Silicon Valley in Southeast Asia: Da Nang lures Japanese technologies

Da Nang City

Speaking at an online ceremony on promoting ICT investments from Japan held in late September, Deputy Minister of Information and Communications (MIC) Pham Anh Tuan said Vietnam is ready to receive new Japanese investments by technology firms which will come in the expected investment relocation wave. >