Dien luc gia lai

A hydropower plant of Chaleun Sekong Group in Laos HAGL has released information to put 248 million shares in Hoang Anh Gia Lai Hydro Power JSC, equaling 99.4 per cent stake, on sale. This movement shows the withdrawal from ineffective business and investment sectors in order to focus on the agricultural sector. Previously, in its financial statement for the second quarter of this year, HAGL reported that Chaleun Sekong Group from Laos signed a contract to buy Nam Kong 2 and Nam Kong 3 hydropower plants owned by Hoang Anh Gia Lai Hydro Power for VND2.53 trillion ($110 million). So far, Chaleun Sekong completed the payment of VND2.25 trillion ($97.83 million). It is not the first time that HAGL divested a hydropower project. In mid-2016, the group sold six hydropower plants to Bitexco Group for VND2.1 trillion ($91.3 million). The move to withdraw from the two above plants marks the end of HAGL's journey in the hydropower sector. Besides, in order to mobilise investment capital for … [Read more...] about Chaleun Sekong Group acquires two hydro power plants of HAGL

The province has already made gains with impressive infrastructure upgrades to bridges and embankments In 2019, the total investment capital in the central province hit around VND19.16 trillion ($833 million), of which capital belonging to the state budget reached VND4.8 trillion ($209 million), up 28.9 per cent on-year, and that of non-state enterprises and individuals tallied to VND13.35 trillion ($580.5 million), up 15.1 per cent on-year. Foreign direct investment also hit VND968.5 billion ($42 million), twice as much as last year. Chairman of Phu Yen People’s Committee Pham Dai Duong said that the key task of 2020 is to plan and protect the environment while adapting to climate change through rapid and sustainable development. According to Duong, next year Phu Yen will focus on solutions such as preparing the best conditions for the seventh Provincial Party Congress; building provincial socio-economic planning for the period 2021-2030, towards a vision to 2050; and … [Read more...] about Phu Yen province’s crucial solution spotlight for 2020

Po Ma Lung in Lai Chau Province is among Vietnam’s top 10 tallest mountains, attracting scores of climbers with its challenging route. The mountain, 2,967 metres high, is located in Lang Village in Phong Tho District in the mountainous northern region. It is infamous for its length and roughness, with its first pitstop accessible after a trek of eight to nine hours. From Lang Village, visitors walk about 5 km along the hillside before reaching the foot of Po Ma Lung, from which climbers ascend 20 km to the top. The road hugs local irrigation channels before skirting a mighty waterfall. This journey provides stunning jungle greenery and magical terraced fields, with a few small houses dotting the valley below. Photo: Dan Viet/CAND Thanh Van … [Read more...] about Conquering Po Ma Lung Mountain

  The flowers and ornamental plants for Tết represent Vietnamese hopes for health, happiness and prosperity. VNS Photo Văn Châu HCM CITY – Farmers in the Cửu Long (Mekong) Delta are growing new flower and plant varieties such as five-fruit trees and rat-shaped plants for the upcoming Tết (Lunar New Year) festival, which falls on January 25 (Year of the Rat). In Đồng Tháp Province’s Sa Đéc City, one of the delta’s largest flower growing areas, hundreds of new flower varieties, including various types of new foreign roses and daisies, have been planted for Tết. The new varieties of roses, lilies and zinnias are in high demand. More and more people this year are buying expensive ornamental flowers and fruit trees for the coming Tết holiday, according to farmer Nguyễn Văn Tý.  The buying trend has led to … [Read more...] about Five-fruit trees, plants shaped like rats popular for Tết

A Vietnamese navy frigate visits Russia and takes part for the first time in the Russian Navy Day parade last July. (Photo: VNA) Moscow (VNA) – The Vietnam People’s Army (VPA) will further enhance cooperation with Russian armed forces on the basis of mutual trust and respect, Vietnamese Ambassador to Russia Ngo Duc Manh said in a recent article. The article was published in Russia’s Independence newspaper on December 13 on the occasion of the 75th founding anniversary of the VPA (December 22). The ambassador stressed that the anniversary offers a chance to look back at the effective cooperation between Vietnam and Russia, highlighting the spiritual and material support from the former Soviet Union and present-day Russia during Vietnam’s struggle for national independence, as well as the cause of national construction, reform and defence. He stated that national defence is one of the important areas of cooperation in the Vietnam-Russia … [Read more...] about Defence ties important to Vietnam-Russia partnership: ambassador