Lang Co resort opened to tourists


March 26 (VNA) -- The Lang Co resort, in the foothills of the Hai Van Pass, about 50 km south of the ancient city of Hue, was officially opened on March 25.

The owners of the new four-star resort in central Thua Thien-Hue province hope it will encourage tourists to spend more time in the region.

In addition to its 60 guest rooms, the resort, built on four hectares adjacent to the Lang Co's fine beaches, includes sports facilities, swimming pools and a restaurant.

Fruit and vegetable exports increase



Ha Noi, March 24 (VNA) -- Viet Nam will strive to earn USD 1.85 billion from the export of fruit and vegetables in 2010, a yearly increase of 20.4 percent or nine times higher than 2000.

To reach the goal, an amount of USD 1,149 million will be invested in the fruit-and-vegetable sector during the next decade.

Of this, USD 770 million will be spent on production, USD 125 million on packaging and preservation, and USD 60 million on nurseries, species, training, research and price subsidy.

25 major transport projects in 2001



Ha Noi, March 24 (VNA) -- The Transport and Communication Ministry plans to start 25 major transport projects this year at an estimated cost of VND 8,512 billion, USD 608 million.

Almost all the work will be in northern-mountainous, Central Highlands, central-coastal and Mekong Delta provinces.

This year's schedule is within the Ministry's programme to build 160 transport and communication infrastructure facilities at a cost of VND 63,000 billion, USD 4,500 million between 2001-2005.

Fisheries sector 's plan in next five years


Ha Noi, March 24 (VNA) -- The fisheries sector is trying for 2.45 million tonnes of aquatic produce and export turnover of USD 2.5 billion in the next five years.

Of the output, 1.4 million tonnes will come from the natural catch and the rest from aquaculture.

The sector intends mobilizing VND 5,038 billion, about USD 359 million, for its aquatic produce exploitation programmes between now and 2005.

EU has accepted Vietnamese aquatic products



Ha Noi, March 20 (VNA) -- The European Union has accepted the chemical level in Viet Nam's aquatic products.

It has done so after testing hundreds of fish and shrimp samples delivered by the National Centre for Aquatic Food Quality Management and Hygiene.

Government to buy another 90,000 tonnes of coffee




Ha Noi, March 20 (VNA) -- The Government is to buy another 90,000 tonnes of coffee as part of a planned 150,000-tonne reserve.

The Government's decision will help growers, processors and exporters overcome financial difficulties caused by the sharp drop in the world coffee price, says Viet Nam Coffee and Cacao Association, VCCA, Chairman Doan Trieu Nhan.

Wholly foreign invested project on farm and aquatic



Ha Noi, March 20 (VNA) -- The Planning and Investment Ministry has licensed a wholly Netherlands-invested project on buying farm produce and foodstuff.

The USD 120-million project, the biggest involving in agriculture so far, has a legal capital of USD 36 million and will be operational for 50 years.

Vietnam's investment environment is more open




Ha Noi, Mar. 20 (VNA) -- Viet Nam's Planning and Investment Minister Tran Xuan Gia has again called for greater efforts to realize Viet Nam's foreign investment policy which is regarded as more open than other countries'.

The Minister says: "Most foreign investors have shared the view that Viet Nam's foreign investment policy is fairly open to investors but what is more important is how to carry out the policy."

FAO funds aquaculture project for flood-hit provinces




Ha Noi, March 19 (VNA) -- A USD 402,789 project on aquaculture funded by the Food and Agriculture Organisation, FAO, is to be deployed in the Mekong Delta later this March.

The project is to help 520 poor farmer households in three provinces hit by repeated floods, Can Tho, Dong Thap and An Giang with initial investment, technical training and conselling services.

Crude oil output 16 million tonnes may decline quickly



Ha Noi, Mar. 19 (VNA) -- Experts forecast that Viet Nam's yearly crude output is likely to reach 16 million tonnes between now and 2005, but will decline quickly unless new oil fields are found.

But discoveries of new major oil reserves such as Southern Vietnam's Bach Ho, the White Tiger, field are thought not much likely. Instead, any new reserves are likely to be small.

Pages