Investing to provide drinking water for 750 million people in poor nations who lack clean supplies makes clear economic sense with bigger than expected health benefits, World Bank estimates showed on Friday. A parallel drive to improve sanitation, especially in India where Prime Minister Narendra Modi has made basic toilets a national priority, would also yield strong returns without even considering improved human dignity. "Provision of basic water and sanitation facilities... would be a good investment in economic terms," Guy Hutton, senior economist at the World Bank's Water and Sanitation Program, wrote in a report. Universal access to basic drinking water at home would cost $14 billion a year until 2030 and yield benefits of $52 billion, or about $4 for every dollar spent, according to the preliminary findings that will form part of a wider review. The benefits were twice those estimated in a previous global study Hutton led in 2012, he told Reuters, partly because of larger … [Read more...] about Investments in water in poor nations give big benefits: World Bank
Colours to make gold
Hefty investments Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the biggest FDI recipient from Vietnam, having accepted $5 billion worth of registered investments. In January 2017, Viettel received an investment license for setting up a telecom network in Myanmar – Mytel. BIDV in 2016 got a license to set up a branch in Myanmar – BIDV Yangon with charter capital of $85 million. The dairy factory Vinamilk built in Cambodia became operational in 2016, while the Vietnam Rubber Group began processing rubber latex in 2015. Hoang Anh Gia Lai Group is one of the biggest outward investors. In addition to a series of projects on agriculture production in Laos, in 2015 built the Attapeu international airport worth $36 million and HAGL Center worth $550 million in Myanmar. In 2016, it kicked off the second phase of HAGL Center and joined forces with Melia Hotel to run a … [Read more...] about How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?
NA Chairwoman Nguyen Thi Kim Ngan receives Deputy Speaker of the Assembly of the Union of Myanmar Aye Thar Aun Chairwoman Ngan congratulated Myanmar on its recent socio-economic achievements, voicing her belief that the country will succeed in promoting national reconciliation and harmony and improving its stature in the region and the world. She expressed her delight at the increasingly strengthened friendship and cooperation between the Vietnamese NA and the Myanmar parliament, as seen in an official visit to Vietnam by Speaker of the Assembly of the Union Mahn Win Khaing Than in May 2017 and another trip to Myanmar by a high-ranking delegation of the Vietnamese NA in September 2016. Deputy Speaker Aye Thar Aung highly valued Vietnamese people’s heroic struggle in the resistance wars to liberate the country in the past, as well as its achievements in social affairs, economy, political stability and external work at present. He said Vietnam is increasingly affirming … [Read more...] about Leaders highlight strengthened Vietnam-Myanmar parliamentary ties
The Vietnam-funded headquarters of the Lao military art troupe (Photo: VNA) Vientiane (VNA) – The Vietnam-funded headquarters of the Lao military art troupe was handed over to the Lao military in Vientiane on April 10. The construction is billed as a gift from the Vietnamese Ministry of Defence to the Lao People’s Army on the occasion of 70th anniversary of the Lao army and 50th birthday of its art troupe. The five-storey building was constructed on an area of over 3,000 square metres at a total investment of nearly 6 million USD, 5.5 million USD of which was provided by Vietnam and the remainder came from Laos’ corresponding fund. Speaking at the hand-over ceremony, deputy head of the General Department of Politics under the Lao People’s Army Sonethong Phomlavong thanked the Vietnamese Ministry of Defence for its support, affirming that the construction is a vivid illustration for the solidarity between the two ministries. He stressed that it will make … [Read more...] about Vietnam hands over Lao military art troupe’s headquarters
Nano Res project won the first prize of SV Startup 2019, a competition for students with entrepreneurial ideas. Nano Resveratrol Health Protection Food is the full name of the product created by a group of four high school students in Hanoi. Four students prepare nano capsules from compound in grapes This active ingredient has been proven to effectively dissolve atherosclerotic plaques, help prevent and treat atherosclerosis as well as related cardiovascular diseases such as blood pressure or cholesterol. “Our products are very affordable: VND350,000 per box of 60 capsules, affordable for the majority of people,” Minh said. Thanh Lich Vietnamese student in UK establishes super express delivery service In 2018, Vietnamese student Tommy Nguyen decided to study abroad in a prestigious school in the UK. Vietnamese students make paving materials from plastic bags Five students from the Hanoi-based Transport University have successfully produced a … [Read more...] about Vietnamese students prepare nano capsules from compound in grapes