Hanoi (VNA) - Ha Thanh Hang, permanent chief of the National Target Programme for Rural Water and Sanitation, spoke to Nong thon ngay nay (Countryside Today) newspaper about targets for the upcoming period. Q: The National Target Programme for Rural Water Supply and Sanitation has gained achievements from 2012-15. However, there are still many challenges ahead. Can you talk about this? A: Although the programme has promulgated many policies and mechanisms, as well as guidelines on implementation, the documents, especially public-private partnership guidelines in rural water supply and sanitation sector, are still insufficient and asynchronous. There are significant differences in clean water usage between regions. Underprivileged areas have little access to water and sanitation supply. The management, exploitation and maintenance of water supply systems in northern mountainous, Central Highlands and north central coast areas, has been poor. Only 75 percent of those systems are … [Read more...] about Push for clean water, sanitation in rural areas needs investment
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Six companies debuted their shares on the Unlisted Public Company Market (UPCoM) on Thursday, with a total of 495.6 million shares listed on the exchange worth nearly VND5 trillion (US$219.3 million). Quang Ninh Thermal Power Joint Stock Company (sticker QTP) is the largest listing with 450 million shares, equivalent to charter capital of VND4.5 trillion ($197.4 million). QTP shares hit the maximum rise of 40 per cent for the first trading day on the UPCoM at VND15,900 ($0.70) per share. Founded in 2002 in the northern province of Quang Ninh, which has the largest coal reserve in Viet Nam, the company is the investor of the Quang Ninh Power Station, one of the largest thermal power stations in the country. The project consists of Quang Ninh 1 and Quang Ninh 2 with total capacity of 1,200MW, producing 7.2 billion kWh per year. The company posted VND366 billion in profits last year, reducing its accumulated loss to nearly VND1.5 trillion. Due to heavy investment in the power station, … [Read more...] about With 6 more listings, UPCoM crosses 500 Money Banking Investments Shares
VinaCapital sets up JV to manage realty projects By Dinh Dung - The Saigon Times Daily HCMC - VinaCapital Group has joined forces with the Hong Kong-based project management group inProjects to set up a real estate services company, which was officially launched on Tuesday here in HCMC. The 50-50 joint venture company VinaProjects will offer project and construction management, urban planning and facilities management services to real estate investors and developers in Vietnam, including VinaCapital Group. "The Vietnamese market has enormous potential for growth and this joint venture will provide both partners the ability to maximize these opportunities," Matt Fletcher, inProjects Group managing director, told reporters at the Sheraton Saigon Hotel & Towers in HCMC. Fletcher said that the goal for VinaProjects was to become known for delivering high-quality, large-scale developments, and with a number of projects already planned and underway, the company looked forward to a long … [Read more...] about VinaCapital sets up JV to manage realty projects
KFV manages Costa Nha Trang Residences By Le Hoang - The Saigon Times Daily An artist’s impression of The Costa Nha Trang - Photo: Courtesy of Knight Frank Vietnam HCMC – The property consultant firm Knight Frank Vietnam said on Tuesday it had been appointed as the exclusive property management agent for the five-star luxury residential development The Costa Nha Trang Residences in Khanh Hoa Province. With a total of 244 luxury apartments, the 29-story property is located in the heart of the provincial capital city of Nha Trang at the oceanfront Tran Phu Street. Project’s facilities include a luxury spa, a fitness center, a swimming pool, a kids club and restaurants. “Nha Trang is the new booming destination in the residential sector. We are very pleased to manage this prestigious project with its outstanding quality design and excited working together with TD Corporation,” said Holger Molendyk, head of property and asset management of Knight Frank. … [Read more...] about KFV manages Costa Nha Trang Residences
Danang has been designated by the central government to be the core city of the Key Economic Zone in central Vietnam, the entrance to the UNESCO World Heritage sites, and the terminal point of the East-West Corridor linking with Laos, Thailand and Myanmar. It is clear that Danang's location makes it a strategic location from which your business can access potentially rich Vietnamese and other Asian markets.I. STRATEGIC LOCATION The coastal city of Danang is situated at the very heart of Vietnam, 759km from Hanoi and 960km from Ho Chi Minh City. It lies on the north-south communications axis of land ( National Road 1A), rail, sea and air routes. Danang borders Thua Thien - HueProvince in the north, QuangNamProvince in the south and the west, and the EasternSea in the east. It is located in a typical tropical area influenced by monsoons with an annual average temperature of 25.7C. The city has a natural land area of 1,256km2 and a population of 887,069 as of 01 April 2009. … [Read more...] about Why invest in Danang?