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Quang Ngai needs VND4 trillion for North-South Expressway site clearance

August 15, 2022 by dtinews.vn

The central province of Quang Ngai has asked the Ministry of Transport to provide VND4.2 trillion (USD181.03 million) in funding for the North-South Expressway project site clearance. The 60-kilometre section running through Quang Ngai Province is part of the 88-kilometre sub-project linking Quang Ngai and Binh Dinh. The site clearance will affect roughly 2,000 households, including 1,000 that need to be relocated. Quang Ngai has asked the Ministry of Transport to provide VND4.2 trillion in funding for the North-South Expressway project site clearance. According to the provincial people’s committee, around VND4.2 trillion needs to be used for site clearance. Of the sum, VND1.4 trillion is for this year. Quang Ngai has built 23 resettlement areas with a total area of 121 hectares so far. The province will need to spend VND40 billion for relocating 214,000 graves. The VND20.5 trillion Quang Ngai-Hoai Nhon Expressway sub-project is scheduled to be started in … [Read more...] about Quang Ngai needs VND4 trillion for North-South Expressway site clearance

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Quang Binh: Eight distressed fishermen saved at sea

August 11, 2022 by en.qdnd.vn

Earlier, at 14:30 on August 8, Roon Border Post of the command received information about a trawler numbered QB-93206-TS/08 TV, led by Nguyen Thanh Phong, born in 1982 from Hai Dong village, Quang Phu commune, Quang Trach district, Quang Binh province. Accordingly, the trawler had trouble at sea and sank about 11 nautical miles northeast of the Roon gate . After that, the troops, in coordination with trawlers QB-93613-TS, QB-93583-TS, QB-93474-TS rushed to the scene to conduct the search and rescue mission. At 15:25 on the same day, eight crew-members on the distressed trawler were found while going adrift at sea. They were all brought ashore for medical assistance. Meanwhile, the border troops also kept contact with captains of trawlers fishing at sea due to the bad weather conditions. Currently, in addition to keeping in touch with fishing boats operating at sea, the Quang Binh provincial Border Guard Command also asked the Quang Ngai provincial Border Guard Command for … [Read more...] about Quang Binh: Eight distressed fishermen saved at sea

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NutiFood becomes major shareholder in Vinasoy’s owner

August 8, 2022 by vir.com.vn

The transaction worth about VND87 billion ($3.78 million) was done on August 2 by NutiFood Binh Duong Nutrition Food JSC. After the transaction, NutiFood increased its ownership ratio in Quang Ngai Sugar to 19 million shares, equaling a 5.33 per cent stake. NutiFood is the fourth-largest shareholder in Quang Ngai Sugar, following Thanh Phat Trading Co., Ltd, general director Vo Thanh Dang, and investment fund VinaCapital. This ownership ratio is still quite low, however, since the end of last year, there have been many speculations on the stock market that NutiFood is trying to increase its influence in Quang Ngai Sugar . Quang Ngai Sugar could be an ideal piece for NutiFood to increase market share in the food and beverage sector. Notably, at the end of last year, Phuoc An Coffee JSC – a member of NutiFood deputed an expert of RongViet Securities Corporation to hold 29.35 million shares, equaling an 8.2 per cent stake in Quang Ngai Sugar. Meanwhile, … [Read more...] about NutiFood becomes major shareholder in Vinasoy’s owner

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North-Central-South tourism connectivity enhanced

August 8, 2022 by www.sggpnews.org.vn

At the conference In November 2020, leaders of the People’s Committees of seven localities signed an agreement on tourism development cooperation. The program will focus on state management of the tourism industry, the development of tourism human resources and tourist products, and tourism promotion. According to a report, seven cities and provinces received a total number of visitors of 17.7 million and earned VND63, 000 billion (US$2.7 billion) in tourism revenue in 2021. In the first six months of this year, the business outcome of tourism activities saw positive signs thanks to tourism reopening policies. The total number of tourists was estimated at around 32.9 million, including one million international visitors while the revenue from tourism was VND87, 900 (US$3.76 billion). Standing Vice Chairman of the People’s Committee of Quang Ngai Province, Tran Hoang Tuan speaks at the event. Speaking at the event, Standing Vice Chairman of the People’s Committee of … [Read more...] about North-Central-South tourism connectivity enhanced

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Hanoi, HCM City boost tourism linkages with Central Key Economic Zone

August 9, 2022 by en.qdnd.vn

The conference was held in the district of Tu Nghia, the south-central province of Quang Ngai, to review the two-year cooperation for tourism development among the two metropolises and the central localities of Thua Thien Hue, Da Nang, Quang Nam, Quang Ngai, and Binh Dinh. The review was expected to lay ground for the continued implementation of initiatives to boost intra-bloc partnership in tourism development post-pandemic. Reports showed that intra-bloc tourist arrivals totaled more than 17,68 million last year, given that the sector was badly hit by COVID-19. With COVID-19 restrictions removed, the figure reached close to 32.92 million, including some 1 million foreign arrivals, in the first half of 2022, generating total turnover of over 87.89 trillion VND. Addressing the event, Vice Chairman of the Quang Ngai provincial People’s Committee Tran Hoang Tuan said the cooperation has reaped important achievements, contributing to the post-pandemic recovery and growth of the … [Read more...] about Hanoi, HCM City boost tourism linkages with Central Key Economic Zone

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Top transport groups speed up restructure

August 16, 2022 by vir.com.vn

Vietnam Railways (VNR) is continuing to work with consulting units on the merger of two Hanoi Railway Transport JSC (Haraco) and Saigon Railway Transport JSC (Saratrans) following a previous approval by the prime minister for the merger of some units. Top transport groups speed up restructure, Illustrative photo (Source: VNA) VNR general director Dang Sy Manh told VIR, “The merger of locomotive units and railway project management boards will be completed this year, but that of the two railway transport firms will take a longer time.” Under the plan for restructuring VNR’s units, five locomotive units will be merged into three, while three railway project management boards will be merged into one. The approval is expected to help VNR improve its operational efficiency. In 2021, it reported a loss after tax of $25.4 million, down from a loss of $56.5 million in 2020. Among its units, the two railway transport firms reported the biggest loss. VNR is struggling to … [Read more...] about Top transport groups speed up restructure

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