Vietnam sends sympathies to Indonesia over floods Politics

Vietnam sends sympathies to Indonesia over floods

Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh on January 6 extended sympathies to Indonesian Minister for Foreign Affairs Retno Marsudi over recent flooding triggered by heavy rains in West Java.
Death toll from Indonesia flood continues to rise World

Death toll from Indonesia flood continues to rise

Indonesia’s weather bureau on January 6 warned that more heavy downpours are expected after rains triggered flooding and landslides last December, killing at least 66 people in Jakarta and surrounding areas.
Indonesia remembers 2004 tsunami victims World

Indonesia remembers 2004 tsunami victims

A memorial was held on December 26 in the Indonesian province of Aceh for the victims of the Indian Ocean tsunami 15 years ago, one of the worst disasters in history.
ADB raises growth forecasts for Vietnam in 2019 and 2020 Business

ADB raises growth forecasts for Vietnam in 2019 and 2020

The Asian Development Bank (ADB) has revised up its growth forecasts for Vietnam from 6.8 percent to 6.9 percent for 2019 and from 6.7 percent to 6.8 percent for 2020 while trimming its predictions in developing Asia as growth in China and India is weighed down by both external and domestic factors.
Central bank warns of NPLs from transport projects Business

Central bank warns of NPLs from transport projects

The State Bank of Vietnam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer (BOT) and Build-Transfer (BT) transport projects.
Singaporean central bank eases monetary policy World

Singaporean central bank eases monetary policy

Singapore on October 14 decided to ease monetary policy for the first time in more than three years as the national economy has narrowly avoided recession in the third quarter of 2019.
Highways hasten urbanisation speed on Indonesia’s Java island World

Highways hasten urbanisation speed on Indonesia’s Java island

The urbanisation progress on Java, which is home to 60 percent of the Indonesian population, will be accelerated as highways will mushroom on the world’s most populous island in the couple of years, according to the Ministry of Public Works and Housing.
NA Standing Committee discusses draft law on PPP Politics

NA Standing Committee discusses draft law on PPP

The National Assembly Standing Committee discussed a draft law on public-private-partnership (PPP) projects, composed by the Ministry of Planning and Investment (MPI), during its 37th session in Hanoi on September 16.
PM approves rice aid for flood-hit residents Society

PM approves rice aid for flood-hit residents

Prime Minister Nguyen Xuan Phuc has decided to provide 2,000 tonnes of rice from the national reserve as food aid to residents in the central provinces of Quang Binh and Ha Tinh who suffered from serious flooding.