Trans-Asia Railway will run through Vietnam



Ha Noi, Oct. 14 (VNA) -- ASEAN transport ministers have given the green light to a USD 2.5 billion rail link running through Viet Nam and Cambodia. The rail link, the Trans-Asia Railway Project, will link seven ASEAN (Association of Southeast Asian Nations) countries with China.

Vietnam-EU to increase garment export quota



Oct. 13 (VNA) -- Viet Nam and the European Union (EU) signed an agreement on Oct. 10 at the EU headquarters in Brussels, Belgium, allowing an average increase of 26 percent on Viet Nam's garment exports quota to EU markets.

Signatories were Vietnamese Trade Minister Vu Khoan and EU Commissioner in charge of trade Pascal Lamy, who also signed a memorandum of understanding on fraud prevention in the footwear industry.

ASEAN-China working group on code of conduct meets in Hanoi


Ha Noi, Oct. 12 (VNA) -- The third meeting of the ASEAN-China Working Group on a Code of Conduct for the East Sea was held in Ha Noi on Oct. 11 under the co-chairmanship of Viet Nam and China.

Participants in the meeting continued exchanging views on a number of issues relating to the draft Code of Conduct (COC) and obtained some initial results. They agreed to make further efforts to perfect the COC for early approval.

UN assesses flood situation in Mekong Delta area



A United Nations Disaster Assessment and Co-ordination (UNDAC) team held a press conference in Hanoi on October 10 to announce briefly the team's assessment on the flood situation in the Mekong delta.

Increase of Textile an Garment exports - Open office in New York


Ha Noi, Oct.11 (VNA) -- Viet Nam's textile and garment exports in the first nine months of this year rose 4.97 percent year-on-year to USD 1,372 million.

The national Viet Nam Textile and Garment Corporation contributed USD 365 million, 17.3 percent more than the previous corresponding period.

Construction of Vietnam's biggest sofware center is underway


Construction Quang Trung Software Park, the biggest centre for software production and services in southern Vietnam, started on October 5 in Ho Chi Minh City.

For the first phase of the project, to finish by the end of 2001, Ho Chi Minh City has invested VND 190 billion (US $13.6 million) in upgrading seven buildings in the former Quang Trung Fair and Exhibition Centre and the transport system around and in the park and in building electricity, drainage and waste treatment systems.

Economic growth rates of 6.7% in the second quarter.


Government members gathered in Hanoi on October 2 and 3 at a regular meeting to discuss socio-economic development plans for 2001, the State budget for 2000, the State budget balance for 1999, issues relating to the universalisation of education at junior secondary school level, a draft ordinance on plant protection and quarantine, and a draft ordinance on advertising.

They also heard reports on floods in Mekong delta provinces and discussed ways to remedy or mitigate the effects of the floods.

A new oild field discovered off-shore southeast Viet Nam

Ha Noi, Oct. 8 (VNA) -- A new oild field was discovered on Oct.6 at lot 15.1, off-shore southeast Viet Nam, 144 km east from Ba Ria-Vung Tau province.

The exploration contract has been conducted by PETROVIETNAM Supervision Company (PVSC) for Product Sharing Contracts (holding 50 percent of the contract), the United State's CONOCO Limited (23.25 percent), the Republic of Korea's KNDC (14.25 percent), and SK (9 percent) and France's GEOPETROL (3,5 percent).

Child malnutrition reduced significantly

Ha Noi, October 6, (VNA) -- The Ministry of Public Health has announced a week entitled "For the Children's Futures: Rapid Reduction of the Child Malnutrition Rate" from Oct. 16 to 23, aimed at bringing the malnutrition rate among kids under five years old down from 36.7 percent last year to less than 34 percent by the end of this year.

190 new FDI projects licensed in last 9 months

ONE HUNDRED AND NINETY FDI PROJECTS LICENSED IN LAST NINE MONTHS


Ha Noi, Oct. 6 (VNA) -- In the first nine months of this year, 190 foreign invested projects capitalized at more than USD 512 million were licensed for operation across the country.

With an additional investment of USD 210 million registered by on-going projects involving foreign direct investment (FDI), the total FDI flowing into the country in the first nine months reached more than USD 722 million.

Pages