Investors of sluggish tourism projects on Phu Quoc Island in southern Kien Giang Province will be asked to make security deposits if they want to continue implementing them, according to Le Minh Hoang, director of the provincial Department of Culture, Sports and Tourism.
The province is considering setting the deposit amount "at some 3-5 per cent of the average investment per hectare. The current investment ranges between US$1 million and $13 million per hectare," he said.
The Saigon Times Daily
Ha Noi prepares telecom investment plan
Ha Noi plans to spend about VND8 trillion ($370 million) from now until 2030 developing its post and telecoms industry.
The capital city's Department of Information and Communications said it will tap different sources to raise the funds. It also said it will support investors with preferential policies.
Dau Tu (Vietnam Investment Review)
PM allocates rice for remote ethnic groups
The Prime Minister has signed a decision (36/2013/QD-TTg) providing rice to students of day-boarding schools in remote provinces.
Under the decision, students, mostly from ethnic minority groups, will receive around 15 kilogrammes per month per person for no more nine months.
The rice will be drawn from national reserves.The decision will take effect on September 1.
Nhan Dan (The People)
Export turnover tops $61 billion in first half
The country's export turnover for the first six months of the year is estimated at around US$61.3 billion, a year-on-year increase of 14.9 per cent. The figure also accounts for 49 per cent of the annual target. Experts say exports are likely to increase strongly in the last six months.
Nguoi Lao Dong (The Labourer)
Farmers to focus on sustainable development
More than 1,100 outstanding farmers will participate in the 6th National Farmers' Meeting held in Ha Noi next week.
Organised by the Viet Nam Farmers' Association, the meeting will focus on sustainable development and international integration. The association has more than 10 million members nation-wide.
Lao Dong (The Labour)