Chuyên mục: Economics – Kinh tế

China finances research study for Lao Cai – Hanoi – Hai Phong railway project

~ Trần Đình Hoành ~ Bình luận về bài viết này
NOV 26, 2019 / 15:49 Ngoc Thuy

The Hanoitimes – The total investment capital of the project is estimated at VND100 trillion (US$4.3 billion).

The Chinese government has provided non-refundable aid for Vietnam worth over VND32 billion (US$1.37 million) to conduct a survey and a master plan for the Lao Cai – Hai Phong – Hanoi railway project connecting with China, according to the Ministry of Transport (MoT).
 Illustrative photo.

The financial support was a result of high level talks between the two countries in 2015, stated the MoT in a statement. Tiếp tục đọc “China finances research study for Lao Cai – Hanoi – Hai Phong railway project” →

Vietnam attracts US$31.8 billion in FDI in eleven months

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Tuesday, 2019-11-26 17:00:23 Nhân Dân

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NDO – Vietnam attracted US$29.11 billion in foreign direct investment (FDI) in the first eleven months of 2019, up 3.1% over the same period last year, according to the Ministry of Planning and Investment. Tiếp tục đọc “Vietnam attracts US$31.8 billion in FDI in eleven months” →

58% of Samsung smartphone revenue comes from Vietnam: PM

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Ngoc Mai Nov. 25, 2019 

The Hanoitimes – Around 50% of Samsung’s smartphones and tablets are produced in Vietnam and exported to 128 countries and territories.

As of present, 58% of Samsung’s global smartphone sales globally come from its production facilities in Vietnam, according to Prime Minister Nguyen Xuan Phuc.
 Illustrative photo.

In 2008 – 2018, Samsung increased its investment in Vietnam from US$670 million to over US$17.3 billion, a 26-fold increase. According to Samsung’s statistics, around 50% of the giant’s smartphones and tablets are produced in Vietnam and exported to 128 countries and territories, including the US, Europe, Russia and Southeast Asia.

Last year, Samsung’s combined revenue in the global market reached US$221.6 billion, slightly up from US$217.8 billion in 2017, while after-tax profit increased from US$38.3 billion to US$40.3 billion. Tiếp tục đọc “58% of Samsung smartphone revenue comes from Vietnam: PM” →

Nations Aim for Inclusive Trade; Vietnam Uses Small-Business Loans to Get There

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By Ha Nguyen

November 25, 2019 06:03 AM VOA
Vietnam is encouraging banks to lend to small businesses, like this furniture store in Ho Chi Minh City. (VOA/Ha Nguyen)
Vietnam is encouraging banks to lend to small businesses, like this furniture store in Ho Chi Minh City. (VOA/Ha Nguyen)

HO CHI MINH CITY – When politicians try to win votes by blaming foreigners for stealing jobs, economists say they ignore technology, which is what is really replacing many of these jobs. However the issue remains that many workers and small businesses do not benefit from foreign trade as much as corporations do, and that is something Vietnam hopes to fix. Tiếp tục đọc “Nations Aim for Inclusive Trade; Vietnam Uses Small-Business Loans to Get There” →

Banks Required to Assess Environmental, Social Goals in Vietnam

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November 25, 2019 VOA

FILE - A woman stands in front of a branch of Ocean Bank located at the Petro Vietnam's building in Hanoi, Vietnam September 1, 2017. (REUTERS/Kham)
FILE – A woman stands in front of a branch of Ocean Bank located at the Petro Vietnam’s building in Hanoi, Vietnam September 1, 2017. (REUTERS/Kham)
Listen to this article in VOA Special English 

For several years, the worldwide financial crisis that began in 2008 had little effect on Vietnam’s banks. That is not because its banks were stronger than the U.S banks that created the crisis. It was mostly because of the country’s lack of international trade.
Tiếp tục đọc “Banks Required to Assess Environmental, Social Goals in Vietnam” →

Việt Nam a new star in Southeast Asia region: Horasis forum

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Update: November, 25/2019 – 07:07 VNS

Delegates pose for photos during a break at the opening plenary session held yesterday as part of the 2019 Asia Horasis Meeting that officially begins today. VNS Photo Bồ Xuân Hiệp

Bồ Xuân Hiệp

BÌNH DƯƠNG — Việt Nam has emerged as a new economic star in the Southeast Asia region, with its southern province of Bình Dương poised to become a new centre for global dialogue in the near future, the chairman and founder of Horasis said yesterday at one of Asia’s largest economic forums.

More than 400 top leaders from across Asia and 500 government officials and top executives from businesses in Việt Nam are participating in the 2019 Horasis Asia Meeting that officially opens today in Bình Dương Province. Tiếp tục đọc “Việt Nam a new star in Southeast Asia region: Horasis forum” →

These are the world’s ‘most excellent’ airlines for 2020, according to AirlineRatings.com

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TĐH: Where are Vietnam Airlines and Viet Jet? Vietnam Airline, try hard, OK? I am embarrassed by Viet Jet! Come on, world! Fly our airline, Vietnamese women have great bodies. Look at them in bikini! Better than beer ôm and coffee ôm. Think about our women’s bodies while you fly with us. You will realize that our women have greatest bodies in the world.

That is surely a good way to get money from men with hormone at the level of teenager. It embarrasses both Vietnamese women and men. And looks like the driving force behind all this is a woman too. Is she a real woman, or a sick male chauvinist in disguise? Or she is simply sick by obsession with money making? Wow, money, mony, money! Such a great driving force of human psyche!

Francesca Street, CNN • Published 25th November 2019

Roadside BBQ parties a headache in Ho Chi Minh City’s new urban area

~ Trần Đình Hoành ~ 1 bình luận
Sunday, November 24, 2019, 17:03 GMT+7 Tuoi Tre
Roadside BBQ parties a headache in Ho Chi Minh City’s new urban area
A group of young people throw a BBQ party on the sidewalk in the Thu Thiem New Urban Area in District 2, Ho Chi Minh City. Photo: Thao Le / Tuoi Tre

Da Nang dismissed environmental concerns to build a new port

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by Helen Huynh 

Vietnam’s central city Da Nang has dismissed environmental concerns raised by a Singaporean consultant and is pushing ahead with plans to build a new port.

At a meeting with voters on Tuesday, city Chairman Huynh Duc Tho confirmed that the Lien Chieu Port would be built in Da Nang Bay.

The 220-hectare, VND32.86 trillion ($1.42 billion) port, expected to spearhead Da Nang’s logistics development, will be built below Hai Van Pass in central Vietnam.

Lien Chieu will function as a gateway for cargo while Tien Sa, currently the only port in the city, will become a tourism port.

Tiếp tục đọc “Da Nang dismissed environmental concerns to build a new port” →

Hội thảo “ Ứng dụng Mô phỏng Công trình 4.0”

~ Đào Thu Hằng ~ Bình luận về bài viết này
Hội thảo “ Ứng dụng Mô phỏng Công trình 4.0” nêhằm lan tỏa những nỗ lực và thúc đẩy các nghiên cứu, kết quả thí điểm cụ thể được tổ chức bởi hơn 100 thành viên của Hội Mô phỏng Hiệu năng Công trình Xây dựng Việt Nam (IBPSA – Vietnam ) và Mạng lưới Hiệu quả Năng lượng Việt Nam (EEN – Vietnam).

Sự kiện mong muốn giới thiệu các nghiên cứu và ứng dụng của cộng đồng mô phỏng ở Việt Nam cũng như trao đổi cùng các chuyên gia về vai trò của Ứng dụng Mô phỏng Công trình 4.0 trong việc mang lại hiệu quả tài chính, đóng góp chất lượng cho ngành xây dựng đồng thời giảm thiểu phát thải cacbon, chống biến đổi khí hậu.

Chương trình được Tài trợ Vàng từ Tổng công ty Viglacera và Tập đoàn Quadran International, được Tài trợ Bạc từ Tập đoàn Shire Oak International và Tổng công ty tư vấn Xây dựng Việt Nam (VNCC) cùng với Đối tác truyền thông Ashui.com, Tạp chí Kiến trúc và Hội đồng Công trình Xanh Việt Nam (VGBC).
Link đăng ký : http://bit.ly/UngDungMoPhong40
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✔️Thời gian tổ chức: 08:15 -11:30 Thứ Năm ngày 28/11/2019
✔️ Địa điểm tổ chức: Phòng Hội thảo Tầng 8, Tòa nhà Tổng công ty Tư vấn Xây dựng Việt Nam, tại khu vực Ngã 4 Kim Mã – La Thành (sau tòa nhà ICON4), 243A Đê La Thành, Láng Thượng, Đống Đa, TP. Hà Nội.
Maps: https://goo.gl/maps/MbXVRb4sRNK2

Expressways that burn up the road between Hanoi and northern provinces

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By Ba Do, Giang Huy, Minh Cuong   November 18, 2019 | 08:10 am GMT+7 VnExpress

Nine major expressways that cost VND128 trillion ($5.5 billion) have considerably sped up connections between Hanoi and northern localities.
Expressways that burn up the road between Hanoi and northern provinces

A VND6.7 trillion ($289.6 million) expansion project to upgrade the Phap Van-Cau Gie expressway, the southern gateway to Hanoi, from four to six lanes was completed late last year and put into operation earlier this year.

The Phap Van-Cau Gie Expressway, which first opened in 2002, runs more than 32 kilometers (20 miles) to the south of Hanoi and links up with another expressway to the nearby Ninh Binh Province. The six-lane expressway is expected to cater to 60,000 vehicles per day and daily revenue from toll fees is estimated at more than VND2 billion ($86,400). Tiếp tục đọc “Expressways that burn up the road between Hanoi and northern provinces” →

How Long Thanh airport will be built

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By Ta Lu, Doan Loan   November 18, 2019 | 12:33 pm GMT+7 VnExpress

Long Thanh International Airport in the southern Dong Nai Province will have an annual capacity of 25 million passengers when built in 2025.

Related News:

SBV proposes account freezes to tackle fraud

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Update: November, 18/2019 – 09:39 VNS
A customer looks at a fraud warning sign at a commercial bank in HCM City. — VNA Photo

HÀ NỘI — The State Bank of Việt Nam (SBV) has proposed freezing the accounts of those suspected of committing the fraud.

The central bank also called for a ban on borrowing or renting bank accounts as well as certain intermediate payment services to improve account holders traceability and limit illegal activities in a draft amendment to a Government directive on cashless transactions.

Under the proposal, commercial banks could freeze accounts if they have sufficient evidence the accounts were used for or involved in fraudulent and illegal activates. Tiếp tục đọc “SBV proposes account freezes to tackle fraud” →

Vietnam Keeps Producing Its Own Smartphones, So Why Don’t They Sell?

~ Trần Đình Hoành ~ Bình luận về bài viết này

Ralph JenningsContributor 

Asia

Made-in-Vietnam phones make sense economically. The country dependent on factory work for the past 30 years is moving up the value chain into electronics. Smartphone developer Samsung Electronics has invested $17.3 billion in Vietnam-based factories, for example. Public schools emphasize science. University graduates who work for a foreign tech firm will know all the more about how to make a phone.

Tiếp tục đọc “Vietnam Keeps Producing Its Own Smartphones, So Why Don’t They Sell?” →

Vietnam encourages US investments in energy sector

~ Trần Đình Hoành ~ Bình luận về bài viết này
NOV 16, 2019 / 22:02
Ngoc Mai

The Hanoitimes – US-based Gen X Energy is considering a US$6-billion liquified natural gas (LNG) project in Vietnam.

Vietnam encourages and support US enterprises to invest in the country’s energy sector, said Deputy Prime Minister Trinh Dinh Dung in a meeting with Scott Kicker, CEO of US-based Gen X Energy, on November 15.
 Deputy Prime Minister Trinh Dinh Dung (R) and Scott Kicker, CEO of US-based Gen X Energy (L). Source: VGP.

Dung highly regarded Gen X Energy’s interest in a US$6-billion liquified natural gas (LNG) project in Vietnam.

According to Dung, Vietnam considers the US a top partner, saying the bilateral comprehensive partnership has been growing strong on bilateral, regional and international fronts.

Dung added trade and investment activities have laid the foundation and become a major motivation for the Vietnam – US relations. Tiếp tục đọc “Vietnam encourages US investments in energy sector” →