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VND 20 trillion for My Thuy seaport in Quang Tri

According to the project design, the area reserved for the project is Hai An and Hai Khe communes in Hai Lang district. It covers 913 hectares, including 340 hectares of water surface. Total investment for the project is put at VND 20 trillion.Construction of My Thuy seaport will help boost socio-economic development in the central province of Quang Tri, increasing the economic efficiency of...

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Quang Tri to provide more electricity for Laos

The company plans to install more transmission lines and equipments ensure supply capacity of 11 MW to the four Lao districts, in line with a joint commitment between the Electricity 3 Company under Electricity of Vietnam (EVN) and the Electricity of Laos (EDL) company.Quang Tri has been providing electricity through two transformer stations at Lao Bao international border gate and La Lay national...

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Seminar on Japan’s role in economic corridor development

... of Southeast Asian Studies and the University of Tokyo is visiting the central province of Quang Tri to study the East-West Economic Corridor (EWEC).The EWEC is the first and shortest inland route connecting the Pacific and Indian Oceans.The Japanese delegation was received by vice chairman of the provincial People’s Committee Le Huu Thang.Thang introduced the delegation to the EWEC’s construction...

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Vietnamese police arrest wildlife trafficker in central province

Hanoi - Police in the central Vietnam province of Quang Tri arrested a truck driver transporting wild pangolins and grass snakes for sale to a restaurant, police and forest warden officials said Friday. Environment and traffic police Wednesday stoppe...

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Cam Ranh yard builds first ship

The US$20-million vessel, built for a Lao shipping line using advanced technology, has six cargo holds and was designed by the Vietnam Shipbuilding Science & Technology Institute.The Lao company will take delivery of the vessel in Quang Tri Province. Laos is a landlocked country that uses the Quang Tri coast as a transshipment point.

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Textile sector stitches big targets together

... Ninh Binh, Nghe An, Khanh Hoa, Binh Thuan and Long An provinces from 2008-2012 and in Ha Tinh, Quang Tri, Tien Giang and Tra Vinh provinces from 2012-2015.The country would also complete five key weaving and dyeing projects from 2007-2012 including the Teachang-Vina dyeing plant, a joint venture between Vinatex, Thien Nam Company and South Korea’s Teachang with annual dyeing capacity of...

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Vietnam’s fiscal transparency practice reviewed

Participants at the workshop, including representatives from Financial Departments of Dien Bien, Yen Bai, Lang Son, Thai Nguyen, Dak Lak, Binh Dinh, Binh Duong, Hau Giang and Quang Tri provinces and Da Nang city discussed budget transparency at provincial and central levels.They also contributed their ideas to the performance of fiscal transparency in the coming time and reviewed international...

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The paradoxes in the foreign currency market

... interest rates set by joint-stock banks, therefore, are also high, between 7-9% per annum.Le Quang Tri, General Director of Nam Viet Bank, admitted that it is really unreasonable to maintain high deposit interest rates for now. However, no bank dares cut down the interest rates as they fear losing clients.Bankers said that capital in US$ is now in excess, with the loaning just equal to 50-60%...