The certificates are granted at the event (Photo: VNA) HCM City (VNA) – The management board of the Saigon Hi-Tech Park ( SHTP ) in Ho Chi Minh City granted certificates to three projects to increase their investment by more than 848.74 million USD in total at an investment conference for the park on June 27. The lion’s share of the financial comes from 841 million USD at Samsung Electronics HCMC CE Complex Co., Ltd. The new funding increases the total investment in the factory to over 2.84 billion USD. The other two projects are Hoa Binh innovation centre and a Vietnamese pharmaceuticals factory, which saw their capital rising by 130 billion VND (5.59 million USD) and 30 billion VND, respectively. At the conference, Chairman of the municipal People’s Committee Phan Van Mai said the city wants to listen to investors’ feedback to form related legal frameworks and development orientations for the future. Since its establishment in 2002, the SHTP has granted … [Read more...] about Saigon Hi-Tech Park sees significant capital added to three projects
Nha trang saigon railway section
Elephant dung makes good sheets: Saigon zoo
Zoo employees collect around 800 kg of dung from five elephants in their enclosure. In the past, the dung was discarded or used for manure. Now, it gets recycled into paper. Mai Khac Trung Truc, director of the Saigon Zoo and Botanical Garden, said the elephants eat mostly grass and sugar cane, so their dung has a lot of fiber and isn't too smelly. "They can be used to make paper. Some countries have already done it and are producing high quality paper," he said. Truc said such recycling would help raise awareness about wildlife protection and teach children to save resources and protect the environment. The zoo has begun recycling elephant dung since February. Last Friday, Truc washed the collected dung at least seven times to remove impurities, leaving only the fiber left for recycling. The fiber was boiled at 200 degrees Celsius for two hours to kill bacteria and remove odor. The zoo uses around 3-5kg of elephant … [Read more...] about Elephant dung makes good sheets: Saigon zoo
7 killed as Hungarian boat carrying South Korean tourists capsizes on Danube
Hundreds of rescue workers try to help at the bank of Danube River at Budapest downtown. (GERGELY BESENYEI/AFP) The boat reportedly collided with another tourist vessel near the Hungarian parliament building, before turning over on the river, which has been flooding, with very strong currents, while a rainstorm enveloped Budapest. In Seoul, the foreign ministry said the South Koreans aboard the vessel when it sank were 30 tourists and three tour guides, in addition to the crew of two Hungarians. Seven of the South Koreans were rescued, seven died and 19 were missing, it added. "President Moon Jae-in issued an urgent order to work with the Hungarian government for rescue efforts," his spokeswoman, Ko Min-jung, told reporters. An emergency rescue team is among the 18 officials South Korea is sending to Budapest, the foreign ministry added, and it will provide counseling to victims' families. A Hungarian ambulance spokesman told state television that 14 people were pulled … [Read more...] about 7 killed as Hungarian boat carrying South Korean tourists capsizes on Danube
HCM City canal awaits two-decade late upgrade
A project to upgrade Xuyen Tam Canal in HCM City was approved in 2002, but to date, it has remained on paper, resulting in serious pollution. Xuyen Tam Canal connects Nhieu Loc-Thi Nghe Canal in Binh Thanh District and Vam Thuan River in Go Vap District. Xuyen Tam Canal is 8.2 kilometres long, consisting of a 6.21-km main section and three branches with a total length of 1.9 kilometres. Temporary houses run along the canal. Many households have been living by the canal for dozens of years. People who live by the canal discharge rubbish and wastewater directly into the canal, worsening the canal’s pollution. It also has not been dredged for many years. A local resident said that her family has to face a bad smell from the canal every day. The pollution is worsening. The canal bed is full of litter after the flood tides retreat. The canal has also narrowed because of houses encroaching on the waterway. Piles of … [Read more...] about HCM City canal awaits two-decade late upgrade
Hanoi jails vigilantes for stopping, detaining sand thieves
The Soc Son District court sentenced Nguyen Van Cuong, 40, to 10 years in prison on Tuesday after finding him guilty of "robbery" and "arresting people illegally." On the same charges, the court sentenced Nguyen Tuan Anh, 21, to seven years, while two other defendants, Duong Van Quy, 27, and Duong Van Cuong, 28, received nine years each. According to the verdict, around 0:22 a.m. on Jul. 11, 2018, Dao Cong Thanh, 56, and four others took two boats to a section of the Cau River in Trung Gia Commune of Soc Son District to mine sand illegally. The boats were anchored around 30m from the bank, next to a farm owned by Cuong. On learning about the sand mining, he mobilized Anh, Quy and Cuong to join him in chasing the sand thieves away. Cuong’s group took a boat to where the thieves were mining sand and used iron pipes to threaten them. While Thanh and another woman in his group hid in the cabin of their boat, three others jumped into the water and fled the scene. Cuong and his … [Read more...] about Hanoi jails vigilantes for stopping, detaining sand thieves
Vietnam’s educational services provider Nguyen Hoang Group to mull over stake sale
A few of the educational institutions in Nguyen Hoang Group's ecosystem According to Bloomberg, Nguyen Hoang Group is working with a financial advisor to find a buyer for a minority stake of the company. They have gone out to potential purchasers, including private equity firms and other industry players, to evaluate interest. However, the sources said there is no guarantee that the Ho Chi Minh City-headquartered group will follow through with the planned divestiture. Nguyen Hoang Group is a world-class international education service provider that has successfully established a range of state-of-the-art national and international schools, universities, and partnerships across Vietnam and has 23 years of experience and expertise. The group's website stated, “Putting people at the centre of all its practices, Nguyen Hoang Group has designed a comprehensive educational system for all levels from kindergarten to PhD that are available in both national and international … [Read more...] about Vietnam’s educational services provider Nguyen Hoang Group to mull over stake sale