Cocoa processing at Cacao Mekong company in Tra Vinh (Source: http://travinhtv.vn) Tra Vinh (VNA) – The Mekong Delta province of Tra Vinh lured 50 investment projects in the first nine months of this year, including 47 domestically-invested projects worth over 6.2 trillion VND and three foreign-invested ones with a combined capital of more than 100.4 million USD. According to Chairman of the provincial People’s Committee Dong Van Lam, since early 2019, the committee has planned to improve the local investment environment to make it more transparent and favourable for investors. The committee has directed local authorized agencies and localities to focus on reforming administrative procedures, while advising the committee on the adjustment and supplementation of preferential mechanisms and policies to lure more investors, he said. It also asked for the implementation of more drastic measures to improve the provincial competitiveness index, he added. At the same time, the … [Read more...] about Tra Vinh lures 50 projects in nine months
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Sa Dec village gate (Photo: Ngoc Anh) Founded in the early 20th century, Sa Dec initially had a only few households to plant flowers for traditional Lunar New Year or Tet decorations. The number of households engaging in horticulture gradually increased after the locals realized the terrain was suitable for growing flowers. Flower trade slowly took shape. Today, the village is home to about 3,000 households, most of them earning a living primarily by growing flowers and ornamental trees for sale. The flower cultivation area in Sa Dec is about 500 hectares, numbering hundreds of species. Cao Van Hai, the owner of the Hai Cao flower garden Sa Dec village, said, “Ornamental plants are cultivated all year-round to supply the whole country and for export to Cambodia, Laos, China, and Taiwan (China). During Tet holidays, different kinds of flowers are grown to ornament festivals and flower streets. My family has 8,000 m2 of land for cultivation. … [Read more...] about Sa Dec village, flower capital of the Mekong Delta
Illustrative image According to the provincial Department of Planning and Investment, 66 out of 120 FDI projects are newly licensed projects with a total registered capital exceeding US$474 million, while the remaining 54 projects are existing projects which have expanded their capital by a total of US$504 million. During the January-July period, new FDI projects focused on industrial zones of Nhon Trach, Giang Dien, Loc An-Binh Son, and Long Duc which covered a wide range of sectors in accordance with the province's investment attraction policy, according to the Management Board of Dong Nai's Industrial Zones. Among newly licensed projects, 32 covered investments in the support industry, accounting for nearly 50 percent of the total number of newly approved projects and the other projects comprised investments in the areas of the chemicals industry, industrial materials, the plastics industry, and real estate. The provincial Department of Planning and Investment said that the … [Read more...] about Hi-tech FDI capital continues to pour into Dong Nai
The year-to-date disbursement rate of public investment funds for development remains low at 49.1% of the target set by the government, making it difficult to meet the disbursement target by year-end, according to the Finance-Budget Committee under the National Assembly. Illustrative photo. The committee attributed lack of preparation for investment projects, difficulties in site clearance and delay in allocating public funds, among others, to such slow disbursement progress. According to the committee, these issues have been known for many years, but there has been lack of efforts from government agencies to resolve them, and which require all concerned parties to strictly follow regulations and laws on finance – budget, including the Law on Public Investment. Chairman of the committee Nguyen Duc Hai mentioned the slow allocation of public funds has not been properly addressed, in which the main issue is the complicated procedures. This … [Read more...] about Disbursement of public investment funds just meets 50% of target YTD
Those who ignore or collude with each other to shatter urban development planning not only make the lives of urban people increasingly confined and suffocated, but also jam development space for the future. Hanoi and HCM City residents feel this most clearly. In the morning, when leaving home to go to the office and school, and in the afternoon, when returning home, they have to struggle on the road with the flow of people and exhaust from cars and motorbikes. In the summer sun, people are subjected to the scorching heat because of the asphalt effect, concrete houses, and the heat from air conditioners and engines. When it rains, people have to struggle because the roads turn into rivers and streams. Most of the elderly do not have places for relaxation, while children have no place to play. When people feel tired, they need cool spaces to walk and rest in, but it is just a far-away dream. The problem is difficult to settle, so people as well as the next generations will suffer. What … [Read more...] about Who spoils Hanoi’s planning?