mekong delta

Update news mekong delta

Lack of borrowers hurts banking sector

 VietNamNet Bridge – The banking system is plagued by low credit growth, huge liquidity but firms unable to borrow, and difficulty in selling mortgaged assets to liquidate bad loans,

Hau River dredging resumes after 2 years

 VietNamNet Bridge – Following a two-year delay due to financial difficulties, work to dredge and deepen the Hau River in the Mekong Delta has resumed after the National Assembly approved a VND6 trillion Government bond issue to fund it.

Big money spent, but waste not treated

 VietNamNet Bridge – Waste treatment remains a big headache for local authorities in the Mekong Delta. While open dumping on the ground pollutes the environment, modern waste treatment plants have been left idle.

Unimaginative Mekong Delta loses out on tourism, says deputy minister

 VietNamNet Bridge – Tourism in the Mekong Delta has failed to develop as expected in the absence of innovation and variety, Deputy Minister of the Ministry of Culture, Sports and Tourism Ho Anh Tuan has said.

BUSINESS IN BRIEF 9/5

 Vietnam to face cement shortage; Rice exports off target in April; New Eximbank leaders named; VAT refunds okayed for farm produce importers; PVN to reduce PV GAS stake; Vietnam building doctrine of growth

BUSINESS IN BRIEF 5/5

 Ocean Dune golf members up in arms over proposed tear down; ODA projects badly need reciprocal capital;

Drought brings saline water deep into Mekong Delta

 More than 377,000 people in the Mekong Delta face a fresh-water shortage because of saline water intrusion in the area as a result of a long and severe drought.

Price falls hit rice farmers despite stockpiling scheme

 VietNamNet Bridge – Farmers bemoan they have not benefited from the nation’s one-million-ton rice stockpiling scheme for the winter-spring crop in 2013-2014 as prices are still edging down even though the scheme still has more than one week to go.

Political News Headlines 24/4

 President praises Chinese support; German parliamentarians visit Vietnam; PM Dung demands all means to eliminate measles outbreaks

First floating school in Vietnam put into operation

 VietNamNet Bridge – A floating school, the first of this kind in Vietnam, with one classroom and modern equipment, has been put into operation in the Mekong Delta Vinh Long Province.

Mekong River nations urged to drop 11 hydropower projects

 VietNamNet Bridge – The Save the Mekong Coalition has written to the government leaders of the nations in the Mekong River basin to cancel 11 hydropower projects in the Lower Mekong mainstream,

BUSINESS IN BRIEF 23/4

 US$5.6 bln for Long Thanh airport, phase 1; Japanese businesses eye agriculture partnership in Mekong Delta; PGBank, Vietinbank may not merge; Vingroup prepares to issue additional shares

BUSINESS IN BRIEF 18/4

SOEs stakes may be sold at discount rates; Trade surplus hits over US$1.08 billion in Q1; Local company imports a batch of Japan’s Koi fish; Banking, insurance firms draw complaints; Tobacco lobby pushes for tax increase delay

BUSINESS IN BRIEF 17/4

 Vietnam in global top 10 for foreign remittances; Vietnam wins rice export contract to Philippines; Switzerland backs Vietnam business reforms; Dung Quat Oil Refinery sets new safety record

Water hyacinth makes things difficult for Mekong Delta

 VietNamNet Bridge – Motor boats and junks get stuck midstream these days in the Vam Co Dong River, due to the dense patches of fast-growing water hyacinth in the polluted waters.

BUSINESS IN BRIEF 13/4

 VinaWealth launches open-ended fund; Banks cut rates on capital surplus; Draft Hanoi Metropolitan Region Planning under discussion; Quang Ngai calls for more investment in industrial zone; Foreigners interested in listed firms in Vietnam

The struggle to protect Mekong Delta’s forests

 VietNamNet Bridge – A prolonged period of scorching sun over the last several days is endangering the forests of the Mekong Delta. Locals, fearing the worst, are devoting all of their resources and strength to preventing catastrophic fires.

Delta households face water shortage

VietNamNet Bridge – More than 377,000 people in the Cuu Long (Mekong) Delta face a fresh water shortage because of saline water intrusion in the area, .

HCM City leads charge on tourism

 VietNamNet Bridge – HCM City authorities have signed a tourism co-operation agreement with 30 cities and provinces so that it can promote inter-regional tourism.

The salt water season comes in Mekong River Delta

 VietNamNet Bridge – The sea water rise and the salinity intrusion has made the people in Mekong River Delta suffer.