Non profit public records

Vietnam’s biggest conglomerate Vingroup and largest private lender Techcombank have been given the green light to conduct a pre-feasibility study on the Gia Nghia - Chon Thanh expressway. The consortium will have to submit its report by Aug. 31, according to the Ministry of Transport (MoT). Once the report is appraised and approved, the MoT will start a bid to select investors for the expressway, with Vingroup-Techcombank able to participate in the process should they want to. The expressway will stretch 212 kilometers with four-six lanes and a maximum speed of 80-100 kph. It will connect Central Highland Dak Nong and southern Binh Phuoc provinces. Another consortium, led by Deo Ca Corporation, has proposed to invest in two expressway projects in the north, Dong Dang - Tra Linh and Huu Nghi - Lang Son. Workers construct the 98-kilometers Cam Lo - La Son expressway connecting central Quang Tri and Thua Thien Hue provinces, February 2021. Photo by VnExpress/Vo Thanh … [Read more...] about Private firms eager to invest in expressways

The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus

Of the export earnings, the foreign-invested sector is projected to contribute USD 7 billion, up 12 percent, while the non-state sector and the state sector are forecast to make up USD 963 million and USD 108 million, respectively. The trade surplus is attributed to the export growth of hard currency earners such as footwear with USD 1.3 billion and garments with USD 704 million, while wood and wooden furniture and textile products are estimated to contribute USD 508 million and USD 560 million, respectively. Dong Nai’s export revenues from the Republic of Korea market recorded the highest growth of 19.6 percent, followed by China with 19.2 percent; Japan, 9.6 percent and the US, 5 percent. In the first five months of the year, Dong Nai province raked in over USD 6.6 billion from exports while importing USD 6.1 billion worth of products. Source: VNA … [Read more...] about Dong Nai’s first-half trade surplus forecast to hit USD 600 mln

The Vietnam Bear Rescue Center will be located at  Bach Ma National Park in the Central province of Thua Thien-Hue. The new facility will be constructed on an area of 12.7 hectares including 12 houses and 12 semi-wild houses with a total non-refund donation of US$10.5 million from Animals Asia. According to the Vietnam Bear Rescue Center, on May 27, the Forest Protection Department under the Ministry of Agriculture and Rural Development , the Bach Ma National Park coordinated with the Animals Asia to organize a ceremony to publicize the project, which will be built in the administrative-service area of the Bach Ma National Park to serve over 300 species of bear in a semi-natural environment. The project is expected to start construction in 2022 and be completed in four years later. Doctor. Jill Robinson MBE, the founder and General Director of Animals Asia Speaking at the ceremony, Deputy Director of the Forest Protection Department Nguyen Quoc Hieu informed that … [Read more...] about Vietnam to build second facility of Vietnam Bear Rescue Center in Thua Thien-Hue

Foreign Ministry Spokeswoman Le Thi Thu Hang speaks at the workshop in Hanoi on May 27. (Photo: VNA) Hanoi (VNA) – Vietnam has been pushing for legal reforms to provide suitable regulatory framework against all types of discrimination on the basis of sexual orientation and gender identity, Foreign Ministry Spokeswoman Le Thi Thu Hang told a workshop in Hanoi on May 27. Vietnam is pursuing consistent policies on protecting and promoting human rights , particularly basic rights to freedom stipulated in the 2013 Constitution and related legal documents, she said when delivering an opening remark at the “International Workshop on Protecting Against Violence and Discrimination Based on Sexual Orientation and Gender Identity: International and Vietnam’s Experiences” held by the Ministry of Foreign Affairs in collaboration with the UN Development Programme ( UNDP ). As clearly stated in Vietnam’s candidate’s statement to the UN Human Rights Council (UNHRC), Vietnam wishes … [Read more...] about Vietnam pushes for better legal framework against discrimination based on sexual orientation, gender identity

S&P forecast Vietnam’s GDP will grow 6.9% in 2022 before settling closer to its long-term trend of growing 6.5%-7% from 2023 onward. S&P Global Ratings on May 26 raised its long-term foreign and local currency sovereign credit ratings on Vietnam to 'BB+' from 'BB'. S&P expects Vietnam's economy to continue its upward trend. Source: S&P The rating agency also affirmed the country’s short-term rating at ‘B’ with a stable outlook. “The stable outlook reflects our expectations that over the next 12-24 months, Vietnam's economy will continue to recover from the challenges posed by the pandemic over the past two years. This will support the external position and rein in fiscal deficits,” it noted. S&P added it could raise the ratings if Vietnam's institutional settings improve considerably, in ways that augment policy predictability and transparency. Such favorable changes in the policy environment could bolster investor confidence in the … [Read more...] about Vietnam’s long-term credit rating upgraded to “BB+”: S&P