According to the national railway development strategy, the industry is estimated to require VND110 trillion ($4.78 billion) by 2030 to revamp the existing network. With the limited state budget, calling for private investment is a priority. VNR is betting on its new restructuring plan which is set to be approved by the government in the near future, in which it plans to dump its monopoly in cargo transport by divesting stake in cargo transport. Moreover, it also hopes that the master plan on management, use, and operation of national railway infrastructure in line with 2018’s Decree No. 46/2018/ND-CP dated March 14, 2018 on management, use and operation of national railway infrastructure will be soon approved. This would enable the group to take the initiative with its investment plans and to be looked upon more favourably when calling for private investment in upgrading stations and logistics facilities, as well as developing stations that enjoy commercial advantages. … [Read more...] about BUSINESS NEWS HEADLINES MAY 25
On going projects
Among the 39 unfinished projects, several are newly built hospitals such as the new Blood Transfusion and Hematology Hospital, the new Medical Testing Center (under Pham Ngoc Thach University of Medicine), the new international-standard Children Hospital, and the new Oncology Hospital – Second Branch. … [Read more...] about HCMC successfully applies high technologies in healthcare services
The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, but is the world?
WebTVAsia and YouTube announced “ONE LOVE ASIA”, a star-studded concert in support of UNICEF, featuring a stellar lineup of celebrities, artists, public figures and YouTube creators across Asia, to be live streamed exclusively on One Love Asia's official YouTube channel on May 27, 2020. … [Read more...] about Live concert featuring Asian artists on Youtube
Finding ways to develop central area’s economy Associate professor Tran Dinh Thien, former director of the Central Institute for Economic Management and member of the consultancy team for developing the central coastal area, talks to Investment newspaper about economic development of the area. … [Read more...] about Coastal road to be built in Thanh Hoa Province