A major investment conference is slated to be held in the city of Long Xuyen in the Mekong Delta province of An Giang in mid-December 2018 under the theme “An Giang – Connecting Opportunities for Successful Co-operation.” The conference will be held in Long Xuyen city in An Giang province (Photo: Huu Truc) Around 500 delegates will join the event, including leaders from diverse government agencies, provinces, and municipalities in the delta as well as Ho Chi Minh City, besides economic experts, business associations inside and outside the province, business executives, and foreign partners. Prime Minister Nguyen Xuan Phuc will chair the conference. On the occasion, An Giang will approve the investment proposals of 23 projects across the five sectors of agriculture, trade-services-tourism, industry, construction, and urban development valued at more than VND27 trillion ($1.17 billion) in total committed capital. Seven projects worth more than VND101 trillion … [Read more...] about Major investment promotion conference soon lands at An Giang
Owning numerous large-scale land plots may attract investors to Hanosimex for its listing on the Unlisted Public Company Market (UpCOM). Hanosimex's land plots may act as a counterpoint to the firm's average performance The Hanoi Stock Exchange has approved Hanoi Textile and Garment Joint Stock Corporation (Hanosimex) to list 20.5 million shares on UpCOM at the reference price of VND15,800. According to the plan, the listing will be conducted on April 19. Established in 1984, Hanosimex is a large-scale corporation within the yarn-textile-garments supply chain of Vinatex, with factories in Hanoi, Bac Ninh, Hung Yen, Ha Nam, Nghe An, and Ha Tinh provinces. In 2017, Hanosimex reported a revenue of VND2.36 trillion ($103.6 million), including VND1.65 trillion ($72.4 million) of revenue from the yarn segment and VND335 billion ($14.7 million) from the garment segment. VND1.58 trillion ($69.37 million–67.31 per cent) of its revenue came from exports, while VND771 billion … [Read more...] about Large land bank may lure investors to Hanosimex?
The State Bank of Viet Nam and the World Bank signed finance agreements worth US$682 million for five projects. The projects included the First Power Sector Reform Development Policy Loan, the Second Northern Mountains Poverty Reduction Project, the Central Northern Region Health Support Project, HCM City Environmental Sanitation Project Additional Financing, and the Red River Delta Rural Water Supply and Sanitation Project. These are aimed at supporting four main policy areas essential to the reform of Viet Nam's power sector; enhancing the living standards and health insurance coverage among the poor; constructing a drainage system for HCM City; and financing infrastructure for rural sanitation and water supply. Deputies discuss development goals Most National Assembly (NA) deputies, who met at the 12th National Assembly's seventh plenary meeting to put the final touches to the law on efficient and effective energy usage, agreed that labelling products would help improve energy … [Read more...] about State Bank, WB sign deal
VietNamNet Bridge – In the last 15 years, the village of Ham Long in District 2, with charming landscape, has become the home to many Saigon artists. Watercolor painter Ly Khac Nhu – one of the founder of Ham Long Village – talks with visitors. "It’s great that amid a big city, a valuable art space like this is still preserved. I feel this is the pride of Vietnam," a Taiwanese tourist said. The tourist said that this was his second visit to the village, this time with his family. The village was built 15 years ago by a group of Saigon painters. In late '90s, a group of artists, mostly painters wandered to find a quiet, beautiful place to work. A wide strip of land along the bank of the Saigon River, in Thanh My Loi ward, District 2, HCM City, held their feet by its romantic and wild beauty. Late painter Nguyen Thanh Chau named it Ham Long (Dragon Jaw) based on the shape of the land. Watercolor painter Ly Khac Nhu – one of the founder of Ham Long … [Read more...] about The village for artists on Saigon River bank
Binh Dinh Province, the land of martial arts and literature and the homeland of plain-cloths hero Quang Trung (also known as Nguyen Hue) who was the preeminent leader of the Tay Son upspring movement in the late 18thcentury and the early 19th century, is stirring up a lot of interest because of its great tourism potential in the southern area of the Central region of Vietnam. The land of martial arts One of the most prominent imprints of the land is the system of heritage sites of the Tay Son Dynasty in the 18th century established by three brothers, Nguyen Nhac, Nguyen Hue and Nguyen Lu who were considered "Tay Son tam kiet" (lit. the three greatest leaders of Tay Son). The resounding feats of arms as well as military careers of the three brothers, particularly King Quang Trung during the process of establishing the Tay Son insurgent troops, training them and victories over the invaders created a glorious legacy for this sacred land. A corner of the coastal city of Quy … [Read more...] about Binh Dinh – The Land of Martial Arts