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Ministry signs MOU with Japanese chamber

Update: September, 27/2012 - 09:17
Minister of Planning and Investment Bui Quang Vinh signed a Memorandum of Understanding (MoU) on investment promotion with the chairman of the Japanese Chamber of Commercial and Industry, Tadashi Okamura, yesterday in Ha Noi.

At the signing ceremony, Okamura said that along with the Viet Nam – Japan Joint Initiative, the agreement would attract more Japanese enterprises to Viet Nam.

Vinh said that Japan was a strategic partner of Viet Nam and the ministry would create the best possible conditions to ensure that Japanese enterprises have long-term and effective investments.

Dau Tu (Vietnam Investment Review)

Satellite blast-off to be broadcast on websites

Viet Nam's first satellite, the F-1, developed by local technology giant FPT, will go into orbit after it is released from the International Space Station, a representative from FPT has said.

The discharge of the satellite will be broadcast live on the website of JAXA and NASA.

The F-1 is designed to capture photos at 640x480 pixels and send them back to earth with a data-transmission speed of 1,200 bps.

Sai Gon Tiep Thi (Sai Gon Marketing)

Ministry orders tollbooth closed temporarily

The Transport Ministry has ordered the temporary closing of the Tao Xuyen Tollbooth on National Highway in Thanh Hoa Province on October 1.

The move came after the Thanh Hoa BOT Joint-Stock Company failed to replace the tollbooth with a new one at a spot on the highway. The ministry had asked the company to finish the work on July 30, but the company never started the project.

The tollbooth was initially set up to collect tolls from vehicles travelling on the bypass through Thanh Hoa City. However, tolls were collected that were double the amount of other tollgates. Fees from vehicles that did not use the bypass were also collected by the Thanh Hoa company.

Tuoi Tre (Youth People)

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