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According to the Ministry of Transport, since the bidding invitations were issued from August 6 to September 4, the Mai Son-National Highway 45 component project, including five construction and installment packages, saw 60 units buying bidding documents with a total of 140 sets. … [Read more...] about North-South Expressway public investment-funded sub-projects attracts investors

Hoi An experienced storms and floods every year but natural disasters this year left so much destruction. Though Typhoon Molave did not damage Hoi An ancient town's architecture, local people still suffered a great deal from the storm. … [Read more...] about Cleaning process begins in Hoi An after Typhoon Molave

Khanh cited Starbucks coffee chains as an example. As Starbucks closed many cafes in China, leading to a drop in the demand for coffee imported from Vietnam. The closure of restaurants of McDonald, KFC and other brands in China also caused a decrease in the consumption of white coffee and aquatic products. … [Read more...] about Both domestic and FDI firms see drops in January export earnings

The COVID-19 outbreak caused difficulties for hundreds of enterprises and business households across the country, forcing them to slash production or even close down. In that context, the SBV issued Circular No. 01 regulating the settlement of debts, interest rate exemptions and reductions to support businesses and people affected by the acute respiratory disease caused by the novel coronavirus SARS-CoV-2 (COVID-19). This was considered as an important legal foundation for local banks to support and share difficulties with enterprises and business households. … [Read more...] about Firms benefit from lending interest rate reductions and exemptions

The 14th Shangri-La Dialogue ended in Singapore on May 31 with a message that dialogue is needed to build trust and transparency. German Defence Minister Ursula von der Layen said this is the first time German has joined the dialogue, which gives the country an opportunity to exchange experience and learn from other countries. She highlighted that transparency and trust building is key to cooperation, adding that together with security structure and mutual benefit they are the pillars for successful partnership. Sharing Layen’s opinion, New Zealand Defence Minister Gerry Brownlee said his country attaches much importance to the maintenance of peace, stability and prosperity in the region. Therefore, New Zealand wishes to engage more closely in regional security structure through bilateral and multilateral dialogues at all levels, he said. He also expressed concern on tension-causing acts on the East Sea, stressing that his country is willing to join hands in … [Read more...] about 14th Shangri-La Dialogue: dialogue to build trust, transparency