Archive for November 13th, 2008
Hanoi (VNA) – The National Assembly passed a law on bio-diversity on Nov. 13, encouraging different approaches to investment and the application of scientific advances and local knowledge to ensure bio-diversity sustainability. The newly-approved law offers numerous stimuli, including preferential tax and investment policies and mandates to collect tourism fees as well as a range [...]
Hanoi (VNA) – The Asian Development Bank (ADB) released a statement on November 11, pledging to issue a 3 million USD grant to expand its clean energy programme to involve more developing member countries.ADB will explore a number of energy efficiency market opportunities in Afghanistan, Bangladesh, Cambodia, Laos, Mongolia, and Uzbekistan through a broad range [...]
Hanoi (VNA) – The World Bank (WB) said on November 11 that it has lowered its global economic growth estimate for 2009 to 1 percent from 3 percent projected in June due to the spreading global financial turmoil. This was announced in WB’s new economic outlook and support measures unveiled ahead of the weekend summit [...]
Hanoi (VNA) – The Democratic People’s Republic of Korea has said that it will shut all land borders with the Republic of Korea (RoK) from next month and accused its neighbour of provocation “beyond the danger level”. The DPRK on November 12 announced that a measure to strictly restrict and cut off all the overland [...]
Beijing (VNA) – At least nine nuclear power plants will be built over the next two years, the China Atomic Energy Authority (CAEA) said in a news release on November 11. Of the nine new plants, six will use the AP1000 technologies imported from American firm Westinghouse, the CAEA was quoted by China Daily as [...]
New Delhi (VNA) – After two-and-a-half years of talks, India and the Republic of Korea (RoK) have concluded a negotiation on a free trade agreement that is likely to come into effect in 2009. “The deal is done and the agreement will be signed by December,” a senior Commerce Ministry official was quoted by the [...]
Beijing (VNA) – The Chinese government on November 12 approved economic development projects with a combined investment of more than 200 billion yuan (29 billion USD ), thus helping boost domestic demand and offset slowing exports, according to Xinhua news agency.These infrastructure projects included a gas pipeline from the northwestern Ningxia Hui Autonomous Region to [...]
New York (VNA) – The World Bank Group has decided to increase financial support for developing countries to help these countries weather the spreading global financial crisis.Making the announcements on November 12, ahead of a G20 summit this weekend, the WB Group said it’s International Bank for Reconstruction and Development (IBRD) could make new commitments [...]
Hanoi (VNA) – The Indonesian Broadcasting Agency will host the 45th Asia-Pacific Broadcasting Union (ABU) General Assembly and Associated Meetings in Bali on November 19-25. “Five hundred top executives in broadcasting agencies throughout the Asia-Pacific region and other parts of the world will get involved in commissioned discussions on sports, technical broadcasting and other programmes,” [...]
Vientiane (VNA) – Work on the Third Lao-Thai Friendship Mekong River Bridge will officially start in January 2009, linking Khammouane province of Laos and Nakhonphanom province of Thailand. The bridge can be served as a link connecting Thailand, Laos and Vietnam and boost trade, investment and tourism among the three neighbouring countries. Investors of the [...]