Mekong Delta

Update news Mekong Delta

BUSINESS IN BRIEF 7/6

Piaggio Vietnam recalls 10,000 Vespa scooters; Thousands of foreign experts return to work in Binh Duong; Singaporean investors still confident in Vietnam after riots; SBV calms forex fluctuations

BUSINESS IN BRIEF 6/6

PM approves 15 new golf courses in zoning plan; Vietnam makes break-through in global energy sector; RoK, Vietnam energy firms ink deals; More domestic consumers put purchases on credit

Lean pork paste proved to emit light

Information that lean pork paste was giving off light proved to be true and was witnessed by many people, said Truong Hoang Kien, deputy director of the Quang Ninh Food Safety and Hygiene Department.

BUSINESS IN BRIEF 1/6

 S Korea-Mekong links grow; Credit growth hits 1.31%, raises doubts; Statistics show decline in FDI; The Gioi Di Dong files for public offering; Housing project offers special promotion; Vietnamese companies receive global recognition

BUSINESS IN BRIEF 31/5

Vietnam lashes economic growth forecast; Mekong Delta attracts foreign investors; Manufacturing industry attracts huge FDI; Production jumps 5.4% this year; Agricultural manufacturers offered preferential loans

BUSINESS IN BRIEF 25/5

Vietnam woos foreign agricultural investors; Firms seek Gov’t aid to reduce reliance on China materials; Pepper exports red-hot this year; Government moves to top up foreign reserves

Future of Vietnam’s rice production threatened by climate change

Vietnam is the world’s second largest exporter of rice and 80 percent of it is grown in the Mekong Delta. But farmers here say the future of rice production is now threatened because of rising sea levels and temperature increases.

BUSINESS IN BRIEF 23/5

 92.5 percent of riot-hit firms in Binh Duong reopen; Vietnam’s sole oil refinery closed for full maintenance; Banks slash salaries and cut jobs; Mekong Delta agriculture fails to live up to potential

Soil erosion strikes in Mekong Delta province

 Soil erosion as a result of climate change and rising sea levels is worsening in the coastal areas of the Mekong Delta province of Tra Vinh, impacting greatly on the life of local residents.

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,