Illustrative photo (Source: yonhapnews.co.kr) Seoul (VNA) - Consumer prices of the Republic of Korea (RoK) increased more than 1 percent in March on a rise in prices of agricultural goods and services, according to government data. The country's consumer price index climbed 1.3 percent last month from a year earlier, decelerating from the previous month's 1.4 percent on-year gain, Yonhap News Agency cited the data compiled by Statistics Korea as saying. From a month earlier, the index fell 0.1 percent in March. Core inflation, which excludes volatile oil and food prices, grew 1.3 percent in March compared with last year. Prices of agricultural goods rose 2.1 percent on-year last month, slowing from a 3.6 percent on-year gain the previous month, with those for industrial goods increasing 0.9 percent on-year, compared with a 0.8 percent on-year rise the previous month, the agency said. Meanwhile, prices of service fees advanced 1.7 percent last month, compared with a 1.7 … [Read more...] about RoK’s consumer prices rise 1.3 percent in March
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Major bidding package of Hanoi Metro Line 1 to be restarted
Preparations are on track to restart the process of selecting contractors for a key bidding package of Hanoi’s Metro Line 1. The perspective of Ngoc Hoi complex belonging to Hanoi's Metro Line 1 The Ministry of Transport has reportedly agreed with a recent proposal from Hanoi Metropolitan Railway Management Board (MRB) on restarting the process of selecting contractors for tender package HURC1-101 which involves preparing space and weak foundation treatment for Ngoc Hoi complex belonging to the first phase of Hanoi Metro Line 1. According to Deputy Minister of Transport Nguyen Ngoc Dong, MRB is required to send a report about the case to the project donor—Japan International Cooperation Agency (JICA)—to reach a consensus about annulling the previous short-listing results in 2013 and host another short-listing in compliance with Japanese donor regulations and Vietnamese laws. The first phase of Metro Line 1 has just been divided by MoT into two separate … [Read more...] about Major bidding package of Hanoi Metro Line 1 to be restarted
Deputy PM calls for efforts to keep core inflation at 1.6 1.8 percent
Deputy Prime Minister Vuong Dinh Hue, who is also head of the National Steering Committee on Price Management, has asked for more efforts to keep core inflation at between 1.6-1.8 percent in the remaining months of 2018. Deputy PM Vuong Dinh Hue has asked for more efforts to keep core inflation at between 1.6-1.8 percent in the remaining months of 2018 - Photo: VGP Core inflation is the CPI exclusive of fresh food, energy and State-run health and education services. Theo VNA … [Read more...] about Deputy PM calls for efforts to keep core inflation at 1.6 1.8 percent
Thua Thien-Hue welcomes more than 1 million visitors in Q1
Visitors at Hue relic site (Photo: VNA) Thua Thien-Hue (VNA) – The central province of Thua Thien-Hue welcomed more than 1.1 million visitors in the first three months of this year, up 39.5 percent from the same period last year, including 534,600 foreigners, a surge of 70.3 percent. This is the first time the number of tourists to the province has exceeded 1 million in a quarter. The first month of the year saw various festivals as well as traditional New Year (Tet), pushing up the number of visitors to the destination. Over the Tet holiday alone, the Hue Monument Conservation Centre served 117,000 tourists, including 47,000 foreigners. This year, the province will implementing the “one destination-five heritage” tour to attract tourists. The Hue Festival this year will take place from April 27 to May 2 with various activities, including a street festival from April 28 to May 1, and an art performance featuring the music of late composer Trinh Cong Son. So far, … [Read more...] about Thua Thien-Hue welcomes more than 1 million visitors in Q1
$1.2 billion spent on infrastructure in coastal economic, industrial zones
The program has five parts including investment in coastal economic infrastructure, in border economic zones, in industrial parks and groups of industrial parks, spending in high-tech sections; and in high-tech adopted farms. The program costs over VND20,982 billion ($1.2 billion). Of which, more than VND16,676 billion is taken from the state budget and local state budget and other legal sources are estimated over VND 4,215 billion. Noticeably, the program strives to build from 200 kilometer to 250 kilometer roads, wastewater treatment construction, technique infrastructure and resettlement areas by 2020 in 16 coastal economic zones mostly in eight major zones.By PHAN THAO - Translated by UYEN PHUONG Tags: $1.2 billion infrastructure coastal economic industrial zone … [Read more...] about $1.2 billion spent on infrastructure in coastal economic, industrial zones