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Lee Myung Sung says the economic crisis has somehow benefited his business of trading in secondhand furniture and electronic appliances in Ho Chi Minh City.
The HCMC government on Thursday (13 Aug 2009) announced its agreement to choose the United Arab Emirate’s real estate company Tamouh as developer of a mammoth housing project to build 2,500 apartments in Thu Thiem in District 2 to accommodate displaced people.
Construction has begun on the Eastern Saigon urban area project with total investment capital expected to amount to US$6 billion in Dong Nai Province’s Nhon Trach District.
Long-term plan to modernise operations of the Taxation Department and Treasury.
The HCMC Department of Natural Resources and Environment has just submitted to the city’s government for final approval a project to coordinate actions to cope with the bad impacts caused by the climate change in the city.
Many enterprises in HCMC that have been fined for polluting the environment have continued to discharge wastewater or other polluting substances onto the environment, refused to pay fines or upgrade their treatment facilities as required, said the city’s environment inspectors.
On a working trip to northern provinces, Prime Minister Nguyen Tan Dung visited Yen Bai Province and encouraged local leaders to utilise the province’s abundant natural resources in developing hydro-power plants, construction and cement industries.
The high prices of gold and dollars and the continued petrol price increases recently have sparked concerns about the price increases of other goods. However, retailers say goods’ prices will stay the same.
The Ministry of Information and Communications granted four thrird generation (3G) mobile phone operator’s licences on August 13th, which will take effect on September 15th to Viettel, MobiFone, VinaPhone and EVN Telecom-Hanoi Telecom.
Reishi and Medicinal Mushrooms Research has successfully grown the Thuong Hoang mushroom which has active elements that can help treat cancers, especially in the breast, liver, and stomach.
Small and medium-sized enterprises (SMEs) will benefit from the Government’s newly-issued decree on assistance in finance, land and technology reform, which will take effect on August 25.
The State Bank of Vietnam on Aug 11 tightened the cap on the ratio that commercial banks and to the financial institutions may maintain between short-term deposits and medium- to long-term outstanding loans, in a new move to increase the security of the banking system.
