4 million usd to gbp

Quang Ngai (VNA) - The central province of Quang Ngai plans to invest 2.8 trillion VND (120.5 million USD) in a wastewater treatment system from 2020 to 2025. The system is expected to collect and process at least 70 percent of the province’s urban wastewater at 14 treatment plants. Wastewater pipelines and pumping stations will also be constructed.   The provincial People’s Committee has approved the project’s first phase in Quang Ngai city with an investment of 300 billion VND (12.9 million USD). The province has suffered severe pollution for years. Local residents living around Quang Phu Industrial Zone in Quang Ngai city have complained several times about untreated wastewater being discharged directly into nearby streams. The MD Solid Waste Treatment Plant in Duc Pho district in February 2019 was reported to have received trash to process while the plant's construction has not been totally completed and emission standards not met, negatively … [Read more...] about Quang Ngai to spend 120.5 million USD on wastewater treatment system

The money will be spent on the installation of more than 1,000km of transmission lines and the establishment of a smart electricity network in areas that are crucial for socio-economic development, including greater Hanoi and Ho Chi Minh City, as well as the Mekong Delta and the central region. … [Read more...] about WB lends 500 million USD for power transmission project

SSI is the top brokerage company in Vietnam’s stock market with total assets of over 18.76 trillion VND by the end of 2017. Photo: cafef.vn SSI did not disclose the buyer’s information but according to ndh.vn, the bonds, maturing in three years with the coupon rate of 4 percent per year, were issued to a foreign institution. … [Read more...] about SSI issues 50 million USD bond to a foreign investor

Bangkok (VNA) – The Government of Thailand is striving to turn Thailand into a transport hub for six countries in the Greater Mekong Subregion (GMS), following an infrastructure development project worth 100 billion baht (over 3 billion USD) in the Thai border provinces.  Speaking with reporters on May 10, Transport Minister Arkhom Termpittayapaisith said once construction of the facilities is complete, Thailand will become a major transit country among the GMS members.  The infrastructure includes a new double-track railway, bridges and roads as well as material transport centres for border provinces in Laos, Cambodia, Myanmar, China and Vietnam.  The minister said the infrastructure will create "economic corridors" and faster logistical management for these six countries. The five border provinces of Thailand will play an important role in linking the country with its neighbours, he added.   At the Chiang Khong border checkpoint in northern … [Read more...] about Thailand invests over 3 billion USD to bolster links with six nations

Jakarta (VNA) - The Indonesian government plans to release dual-currency bonds with a total amount of 3.1 billion USD for deficit financing this year, said the Ministry of Finance.  The notes will be listed at the Singapore Stock Exchange and the Frankfurt Stock Exchange. Bonds in the US dollar denominated have two series, RI0230 worth of 1.2 billion USD with a tenure of 10 years and RI0250 with a value of 800 million USD and have 30-years tenure. In addition, the ministry also released Eurobond with RIEUR0227 series worth of 1 billion EUR (1.1 billion USD) with a tenure of seven years. The bonds received a Baa2 rating from Moody’s, BBB from Standard & Poor’s, and BBB from Fitch. Joint Book-runners in this transaction are Citigroup, Deutsche Bank, Goldman Sachs, PT Mandiri Sekuritas, and Societe Generale. Acting as co-Managers are PT Danareksa Sekuritas and PT Trimegah Sekuritas Indonesia Tbk. Last year, Indonesian has … [Read more...] about Indonesia to issue dual-currency bonds worth 3.1 billion USD