Construction starts on waste treatment plant in Phan Thiet(28/11/2016)

Nhat Hoang Limited Company has announced that construction of the first waste treatment plant in the city of Phan Thiet began as planned on November 26 on a 10-hectare site in the commune of Tien Thanh. 

  • Hanoi will create the most favourable conditions for Austrian enterprises to invest in water and waste treatment, said Chairman of the municipal People’s Committee Nguyen Duc Chung. 
  • Recognising their longstanding and strong partnership based on the common principles and values reflected in the Partnership and Cooperation Agreement, and their important economic, trade and investment relationship.
  • Shaking off the legacy of coloniza-tion and long, brutalizing conflicts is hard—and forging an uninterrupted pathway to modernity, perhaps even harder. Only a handful of nations have succeeded at both. Their winning formula? Usually some combination of strong leadership and good gover-nance, a sense of common purpose and future orientation, a reliance on mar-kets to allocate resources, and active engagement with the world on trade, investment, and knowledge flows. Since the launch of the Đổi Mới(eco-nomic renovation) reforms in the late 1980s—to move from a closed, cen-trally planned economy to a globally integrated, socialist-oriented market economy—Vietnam has deployed these ingredients to good effect.  
  • Investors expect annual returns of 20-25%, the new Emerging Trends report says. 
  • The Vietnam Bank for Social Policies (VBSP) has helped build more than 8.7 million clean water and sanitation facilities for family use in the past 12 years under its credit programme designed for the purpose. 
  • In recent years, Bac Ninh has increased safe and sanitary water supplies for rural people funded by the National Target Program for Rural Clean Water and Sanitation, World Bank loans, and social resources. 
  • Inland waterway transport (IWT) and coastal shipping are essential to the every- day functioning of the Vietnamese economy, which is endowed with two large river deltas and more than 3,000 kilometers of coastline. Yet over the past 15years the economics and environmental sustainability of these vital modes have been undermined by insufficient investments in expanding, improving, and preserving the country’s waterborne transport networks and key nodes such as river and ocean ports—despite sustained levels of rapid economic growth. This has resulted in reduced waterborne freight transport efficiency (e.g., higher trans-port costs and elevated congestion levels); has weakened incentives for transport carriers to invest in larger-scale, less-polluting vessels; and has likely increased national logistics costs. Furthermore, in the selected markets where modal shift from roads to the waterways may be economically and operationally viable, the case for such a shift has been equally undermined. 
  • Since its establishment with only 60 members in 1998, the European Chamber of Commerce in Vietnam (EuroCham) has grown to represent more than 870 European businesses, counting among its supporters many of the world’s leading enterprises. with offices in both Hanoi and Ho Chi Minh City, EuroCham’s mission is to represent the business interests of our members in Vietnam and to improve the business environment in Vietnam for the benefit of all players. 
  • Prime Minster Nguyen Xuan Phuc’s decision to pilot stronger decentralisation and authorisation for Ho Chi Minh City is expected to help the locality become a modern and civilised city with good life quality.  
  • More than 420 enterprises operating in the construction, real estate and interior-exterior decoration industries will showcase products at the third Vietbuild Hanoi International Expo 2016 from November 16-20.  
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