In order to carry out the flood prevention project, about 280 households must be relocated and the river bank must be repaired. The authorities must also dredge the river. Quy Nhon City People's Committee will be responsible for organising the resettlement areas and compensation fund. The Binh Dinh People's Committee will be responsible for the funding of the construction and any renovation. … [Read more...] about VIETNAM NEWS JANUARY 16
Utep financial aid
Ho Chi Minh City seeks investment for seven major projects
The second project, Metro Line No. 3A (Ben Thanh – Tan Kien), is 19.5 kilometres long and costs 1.8 billion USD. It will connect to metro lines at the upcoming Ben Thanh Station in District 1 to transport travelers from the city centre to southwest provinces. … [Read more...] about Ho Chi Minh City seeks investment for seven major projects
Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report
The Asian Development Outlook 2020 Update, ADB’s annual flagship economic publication, says Vietnam’s economy will benefit from the continued diversion of production from China to Vietnam, recovery in the China’s economy, and the implementation of a free trade agreement with the European Union. … [Read more...] about Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report
Inbound, outbound travelers may need compulsory Covid-19 insurance
A report from the World Travel Organization showed that in November 2020, 59 percent of destinations in Asia Pacific closed completely and 9 percent closed partially, the highest level in the world. The figures were 7 percent and 67 percent in Europe, respectively, the lowest level. … [Read more...] about Inbound, outbound travelers may need compulsory Covid-19 insurance
Vietnam determined to reduce GHG emissions by 9 percent in 2030
Compared to the already submitted NDC, the contribution on mitigation in the updated NDC has significantly increased in terms of both reduced emissions volume (compared to BAU) and reduction percentage with Vietnam’s domestic resources. More specifically, the emissions reduction has increased by 21.2 million tCO2eq (from 62.7 million tonnes of CO2eq to 83.9 million tonnes of CO2eq), equal to an increase of emission reduction of 1 percent (from 8 percent to 9 percent). … [Read more...] about Vietnam determined to reduce GHG emissions by 9 percent in 2030