Vietnam investment fund

The Vietnam-funded headquarters of the Lao military art troupe (Photo: VNA) Vientiane (VNA) – The Vietnam-funded headquarters of the Lao military art troupe was handed over to the Lao military in Vientiane on April 10. The construction is billed as a gift from the Vietnamese Ministry of Defence to the Lao People’s Army on the occasion of 70th anniversary of the Lao army and 50th birthday of its art troupe. The five-storey building was constructed on an area of over 3,000 square metres at a total investment of nearly 6 million USD, 5.5 million USD of which was provided by Vietnam and the remainder came from Laos’ corresponding fund. Speaking at the hand-over ceremony, deputy head of the General Department of Politics under the Lao People’s Army Sonethong Phomlavong thanked the Vietnamese Ministry of Defence for its support, affirming that the construction is a vivid illustration for the solidarity between the two ministries. He stressed that it will make … [Read more...] about Vietnam hands over Lao military art troupe’s headquarters

Other News Power crunch threatens Vietnam The Saigon Times Daily Wednesday,  Nov 13, 2019,19:25 (GMT+7) Power crunch threatens Vietnam The Saigon Times Daily Electricity workers inspect transformers in the northern province of Phu Tho. The Government is scrambling to head off an impending energy crunch that threatens to bring blackouts within this and next year – PHOTO: VNA HCMC – The country, especially in the southwest region, is at risk of an electricity shortage this year and next, stated Minister of Industry and Trade Tran Tuan Anh at a meeting on November 11. The situation will not improve until 2022-2023 as the country is facing a shortage of investment in power generation and transmission. The ministry noted in a report to the Government and the National Assembly that extreme weather has caused prolonged droughts for many localities across the country, reducing water flow to hydropower reservoirs. … [Read more...] about Power crunch threatens Vietnam

  Deputy Prime Minister Vũ Đức Đam speaks at the ceremony. VNA/VNS Photo Dương Giang HÀ NỘI — A ceremony to announce the establishment of the National Action Centre for Toxic Chemicals and Environmental Treatment (NACCET) was held yesterday in Hà Nội. In July, Prime Minister Nguyễn Xuân Phúc signed the decision to establish the NACCET. The organisation will be responsible for running tasks to overcome the post war consequences of chemical toxins to environment and humans; handling pollution of toxic chemicals and hazardous substances, overcoming incidents of toxic chemicals and environment nationwide; and building and managing a database on overcoming post war consequences of toxic chemicals. Hà Văn Cử, General Director of the NACCET, said while the war had ended long ago, its consequences remained. “Tackling post-war toxic chemicals and carrying out activities to ensure security and … [Read more...] about Centre for toxic chemicals and environmental treatment established