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Thai Nguyen to invest $14m in water project

Update: November, 23/2012 - 09:10
The northern province of Thai Nguyen will invest VND300 billion (US$14 million) to build clean water supply projects in 2011-15 period. The money will be raised from the central and local budgets, international donors, bank loans and local people's contribution.

In the 2006-11 period, the province spent more than VND64 billion to implement 11 projects that have provided clean water to more than 24,000 people in rural areas.

Nhan Dan (The People)

Long An reduces area of industrial parks

The Long An People's Committee has petitioned the Prime Minister to reduce the total area of four industrial parks (IPs) in the southern province by nearly 1,300ha compared to their initial zoning plans.

Under the proposal, the area for Duc Hoa 3 IP will be reduced from 2,300ha to 1,857ha; the Nam Thuan IP from 338ha to 308ha; the My Yen – Tan Buu – Long Hiep IP from 340ha to 78.91ha; and the Long Hau 3 IP from 1,165ha to 891ha.

The province has made the request because land compensation costs have surged and the economic crisis has made it difficult to attract investors.

Tuoi Tre (Youth)

Foreign investment slumps in HCM City

As of mid November, HCM City has granted investment licences to 349 foreign direct investment (FDI) projects with a registered capital of US$510 million.

The city's Statistics Office says this marks a year-on-year reduction of 75.4 per cent in the amount of registered capital. During the same period, 111 existing FDI projects increased their registered capital by $728.3 million.

The city now has 4,465 FDI projects with a total registered capital of $31.6 billion.

Thoi Bao Kinh Te viet Nam (Viet Nam Economic Times)

Central provinces face severe drought

Many reservoirs in the central province of Binh Dinh and Phu Yen do not have enough water to supply for production and daily use of households despite it being the rainy season.

Binh Dinh has so far this season seen an 80 per cent drop in rainfall year-on-year, according to the province's Irrigation Projects Exploitation Company.

Local officials say the province could face the most severe shortage of irrigation water in the last 20 years.

Nguoi Lao Dong (The Labourer)

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