Parts of National Highway No1 running through central Bình Định Province are seriously degraded. — VNA/VNS Photo Quốc DũngViet Nam News HÀ NỘI — Toll stations on roads built under Build-Operation-Transfer (BOT) contracts could be closed if investors behind the projects delayed repairs, Transport Minister Nguyễn Văn Thể said on Monday after receiving complaints about poor-quality BOT roads in the central province of Bình Định. He asked relevant agencies to regularly inspect and assess damage to the roads and propose measures to fix the issues. Phan Cao Thắng, vice chairman of Bình Định Province People’s Committee said people were very concerned about the quality of parts of National Highway No.1 that runs through the province. The road was upgraded and re-opened in 2015, but the road surface soon became uneven and potholes appeared. Lê Kim Thành, director of the … [Read more...] about BOT toll stations will be closed if investors don’t fix roads: Transport Minister
China may reject new trade talks if more tariffs imposed - WSJThe Saigon Times Daily A container is carried away from a cargo ship at Tianjin Port, in northern China February 23, 2017 – PHOTO: REUTERS WASHINGTON (REUTERS) - The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, the Wall Street Journal reported on Sunday, citing Chinese officials. The U.S. had proposed the talks, but at the same time moved forward with planning additional tariffs on some US$200 billion of Chinese products, the Journal reported. The report quoted one senior Chinese official as saying the country would not negotiate “with a gun pointed to its head.” Other officials who advise the country’s leaders are suggesting China impose limits on the sale of parts and supplies needed by U.S. businesses, using “export … [Read more...] about China may reject new trade talks if more tariffs imposed
China vows to respond if U.S. takes new steps on tradeThe Saigon Times Daily Chinese officials prepare the flags for the China-U.S. bilateral meeting at the G20 leaders summit in Hamburg, Germany July 8, 2017 – PHOTO: REUTERS BEIJING (REUTERS) - China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. On Friday, Trump said he was ready to levy additional taxes on practically all Chinese imports, threatening duties on US$267 billion of goods over and above planned tariffs on US$200 billion of Chinese products. "If the U.S. side obstinately clings to its course and takes any new tariff measures against China, then the Chinese side will inevitably take countermeasures to resolutely protect our legitimate rights," Foreign Ministry spokesman Geng Shuang told a regular briefing, when asked about Trump's … [Read more...] about China vows to respond if U.S. takes new steps on trade
VietNamNet Bridge - Hosting the Formula One (F1) race is an ‘expensive decision’ if considering the fees, infrastructure development, and business efficiency, but it would enhance Hanoi’s image. F1 race in Malaysia No official statement has been made, but the information that Hanoi will bring the world famous F1 car race to Vietnam has been mentioned by the city’s leaders. Sources said Formula One Group has shown big interest in the plan. Hosting the Formula One (F1) race is an ‘expensive decision’ if considering the fees, infrastructure development, and business efficiency, but it would enhance Hanoi’s image. Sharon Ng, a marketing expert from Nanyang Technology University, also said on Straits Times that hosting F1 gave Singapore greater visibility globally, because car racing is a popular sport in the world. RELATED NEWS Formula One Race to be held in Hanoi national sports complex Beautiful, modern Hanoi seen from … [Read more...] about What will Vietnam gain if it hosts the F1 race?
Iran and six world powers, namely China, Russia, Britain, France, the United States and Germany, struck a landmark agreement over Iran's nuclear program in 2015, formally known as the Joint Comprehensive Plan of Action (JCPOA). However, US President Donald Trump decided to withdraw Washington from the deal on May 8 and re-impose sanctions, including oil embargo, on Iran. "If we come to the conclusion that JCPOA cannot serve the national interests, we will leave it," Khamenei said during a meeting with President Hassan Rouhani and his administration. The Iranian top leader also expressed dismay over the EU, saying the Islamic republic "pins no hope on Europeans over JCPOA and economic issues." Iran has incessantly urged Europe to take "practical and tangible measures" to protect Iranian interests since the US pullout. "From the words and the deeds of the Iranians, the Europeans should know about the reaction and the measures of the Islamic republic" in case the talks with them bear no … [Read more...] about Iran threatens to quit nuke deal if interests not secured