An architecture design of Cua Luc tunnel project by Transport Engineering Design Inc. (Source: Photo baoquangninh.vn) Hanoi (VNA) – The northern coastal province of Quang Ninh is working on a pre-feasibility report on an undersea tunnel crossing Cua Luc bay, which will be the largest of its kind in Vietnam, according to the Government’s electronic newspaper baochinhphu.vn. The plan was discussed at an extraordinary meeting of the province’s People’s Council on March 14. Chairman of the council Nguyen Van Doc, who is also Secretary of the provincial Party Committee, told the meeting that besides the pre-feasibility report, the Government has also assigned the province to arrange capital for the project, which is expected to cost nearly 9.8 trillion VND (423 million USD). Construction of the Cua Luc tunnel is projected to start this year and complete in 2024. The tunnel will be 2,750m long, running from Vuon Dao intersection in Bai Chay ward, Ha … [Read more...] about Quang Ninh plans country’s largest under-sea tunnel
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There is plenty of opportunity to do good and do well helping to soften the blow. Georgina Campbell Flatter Published 7:30 am CST, Wednesday, February 20, 2019 Photo: Education Images | UIG | Getty Images Photo: Education Images | UIG | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Education Images | UIG | Getty Images How Entrepreneurs Can Help Developing Countries Hard Hit by Climate Change 1 / 1 Back to Gallery Discussions around climate change solutions regained steam last November when a federal report indicated the negative impacts on public safety and the economy are now being felt across the United States. Even if governments are able to implement … [Read more...] about How Entrepreneurs Can Help Developing Countries Hard Hit by Climate Change
Updated at Wednesday, 16 Jan 2019, 06:15 The Hanoitimes - Private capital is important in the context of upper limit of public debts and double-digit growth in energy demand. Vietnam, which requires new investments of about US$10 billion annually frontloaded through 2030, should address comprehensively the constraints currently impeding the flows of domestic and cross border private capital into energy sector, the World Bank (WB) has said in a report. Illustrative photo “Given the limited fiscal space and the reduction of concessional financing available going forward, it will be important for Vietnam to step up mobilizing alternative capital resources for the electricity and gas sectors,” said Ousmane Dione, the World Bank country director for Vietnam. The vast majority of new gas and electricity investments will need to come from private players besides Electricity of Vietnam (EVN) – the country’s sole power distributor, and the two … [Read more...] about Private capital needed for Vietnam`s energy: World Bank
By Josh Zumbrun The Wall Street Journal Tues., Jan. 8, 2019 The U.S. has always chosen the president of the World Bank. This time it may not go that way, with the unexpected resignation of its president, Jim Yong Kim, announced Monday. Mr. Kim’s departure, taking effect three years before his term ends, could accelerate a divide among the world’s major economies over the leadership at the world’s largest development-finance institution. Since the World Bank’s creation over 70 years ago the U.S. has picked its president, using the appointment as a vehicle to advance American economic interests, power and development priorities around the globe. In exchange, Europeans have selected the leader of the International Monetary Fund. But that consensus already was fraying when Mr. Kim was picked by President Obama to run the bank in 2012. Even prior to Mr. Kim’s appointment, the bank’s executive directors, who officially make the … [Read more...] about The U.S. has always chosen world bank presidents—will it this time?
Ted Anthony, Ap National Writer Published 11:30 am PDT, Friday, September 28, 2018 Security stands on the roof of the United Nations building during a visit by President Donald Trump, Monday, Sept. 24, 2018, at U.N. Headquarters. Security stands on the roof of the United Nations building during a visit by President Donald Trump, Monday, Sept. 24, 2018, at U.N. Headquarters. Photo: Evan Vucci, AP A person takes cover from the rain at the United Nations headquarters during the 73rd session of the United Nations General Assembly on Tuesday, Sept. 25, 2018. Governments from around the world will gather Wednesday to discuss the persistent scourge of tuberculosis, which last year claimed more lives than any other communicable disease. less A person takes cover from the rain at the United Nations headquarters during the 73rd session of the United Nations General Assembly on Tuesday, Sept. 25, 2018. Governments … [Read more...] about Analysis: At UN, world leaders grapple with fragmented world