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For telecom yes you are right, but who told you for power, rail and other techs. :blink: False flag, go live in your dreams somewhere else we are not your best from Pakistan who can't even produce their own national flags.

Are you ignorant or born a liar? :azn:

'Chinese turbines will affect power sector’

Ajay Sura, TNN Nov 27, 2012, 02.36AM IST

CHANDIGARH: Dependency on Chinese equipment in power sector may have serious implications on the nation's development, feels distinguished diplomat and former high commissioner to Pakistan G Parthasarthy.

Out of estimated 43,000MW power produced in various power plants in the country, around 17,000MW is done by using Chinese equipment, which is a serious matter, he said. "Chinese never believe in transferring technology and due to sudden failure of Chinese turbines, they have to be sent back to China for repairs, thereby causing huge shortage of power," he said. Emphasizing on reliable equipment in power production sector, Parthasarthy observed, "Morality does not matter for China. The time has come to set our own house in order and be firm with China."

More at: 'Chinese turbines will affect power sectorâ?? - Times Of India
 
As for rail, Indians will soon beg the Chinese to invest in their country, for the former lack both the technology and the financial resources required to have a modern rail infrastructure.

As for Vietnam, too bad China isn't gonna lend the back-stabbing country a hand any time soon.

Both India and Vietnam can always dream for Japanese investments in this regard. Only question is how much it will cost anf how long the construction etc will last.

Hundreds of billions of dollars plus tens of years of time.

Both are enough to kill all projects!

Let's wait and see. :woot:
 
Are you ignorant or born a liar? :azn:

'Chinese turbines will affect power sector’

Ajay Sura, TNN Nov 27, 2012, 02.36AM IST

CHANDIGARH: Dependency on Chinese equipment in power sector may have serious implications on the nation's development, feels distinguished diplomat and former high commissioner to Pakistan G Parthasarthy.

Out of estimated 43,000MW power produced in various power plants in the country, around 17,000MW is done by using Chinese equipment, which is a serious matter, he said. "Chinese never believe in transferring technology and due to sudden failure of Chinese turbines, they have to be sent back to China for repairs, thereby causing huge shortage of power," he said. Emphasizing on reliable equipment in power production sector, Parthasarthy observed, "Morality does not matter for China. The time has come to set our own house in order and be firm with China."

More at: 'Chinese turbines will affect power sectorâ?? - Times Of India
Lol out of a total installed capacity of 210000mw even if 17000mw is by Chinese Manufacturers is less than 17%. :lol:.

I am not ignorant but you certainly are. The article also says this:
In May, the apex body of power engineers in the country — All India Power Engineers Federation — had also shot a letter to the Union power minister informing that the old units of Bharat Heavy Electrical Limited at Panipat are performing well, while China-made new units are developing technical snags at Khedar and Yamunanagar plants.

Both the 300MW units of Yamunanagar plant remained closed for a long time during the last summer, while one 600MW unit of Khedar remained inoperable during summer season, causing a sudden shortfall of 1,200MW in the state. Both these plants were equipped with Chinese turbines. The state government had to send the turbines of Yamunanagar unit to China for repairs. Similarly, Durgapur power station of West Bengal had also remained shut for a long time due to snags in Chinese turbines.

BTW your companies are out of India now :Govt slaps 21% duty on import of power gears :wave:
 
As for rail, Indians will soon beg the Chinese to invest in their country, for the former lack both the technology and the financial resources required to have a modern rail infrastructure.

As for Vietnam, too bad China isn't gonna lend the back-stabbing country a hand any time soon.
Both India and Vietnam can always dream for Japanese investments in this regard. Only question is how much it will cost anf how long the construction etc will last.

Hundreds of billions of dollars plus tens of years of time.
Both are enough to kill all projects!
Let's wait and see. :woot:

I am currently in Vietnam, happily seeing a great improvement in everything since my last visit some 10 years ago. People here are still very optimistic despite the current economic slowdown. As for Chinese equipments, many complain about its poor quality and lack of moral. Most people appreciate/embrace either Japanese or German equipments.

So pls don't talk crap, besides Chinese investments are tinny compared to other nations such as Japan. Korea or Taiwan.
 
As for rail, Indians will soon beg the Chinese to invest in their country, for the former lack both the technology and the financial resources required to have a modern rail infrastructure.

As for Vietnam, too bad China isn't gonna lend the back-stabbing country a hand any time soon.

Both India and Vietnam can always dream for Japanese investments in this regard. Only question is how much it will cost anf how long the construction etc will last.

Hundreds of billions of dollars plus tens of years of time.

Both are enough to kill all projects!

Let's wait and see. :woot:


Chinese contractor fined 6 mill US$ for compensation demagese of project owner

Ministry of Industry and Trade said that the EPC contractor (China) DAP fertilizer project No. 1 Dinh Vu (Customs Department) has accepted a $ 6 million fine for violating a term and condition of clause in the contract.

Chinese construction contractors delayed projects, DAP fertilizer products produced do not meet requirements base on 1846 standards as stated in the original design and higher fuel consumption rate following commitments.

Ministry of Industry and Trade said that the Prime Minister has decided to project the conditional acceptance to delivery to investors of Vietnam National Chemical Corporation (Vinachem). The party is promoting the necessary procedures for the acceptance and handover was conducted soon.

Meanwhile, the main contractor does not have the financial ability to pay the price premium for the subcontractors so many subcontractors not subject to complete the remaining sections work. In particular, the acceptance between Vinachem and contractors are facing the biggest problems is due to DAP products didn't met to standard No 1846 as originally designed.

Therefore, for more than two years since the first batch baked products, the plant is always in a out of work for maintenance and moderate activity; own factory in 2010 is only reached to 30% capacity. /.

Nguyen Kim Anh (VNA / Vietnam +)
 
Foreign visitors to Vietnam hits record high in 2012
English.news.cn 2012-12-26 17:30:58

Vietnam-tourism.jpg



HANOI, Dec. 26 (Xinhua) -- The number of foreign visitors to Vietnam in 2012 hit a record high of 6.84 million, an increase of 9.5 percent over last year, surpassing the yearly target of 6.5 million, according to Vietnam's General Statistics Office (GSO) on Wednesday.

The sharp increase of foreign visitors to Vietnam also brought the amount of foreign currency earnings to a new record. With average spending of 1,000 U.S. dollars per person, the country's tourism sector is expected to pocket 6.8 billion dollars in revenue this year, up from 5.62 billion dollars in 2011.

Of the total figure of foreign visitors, over 4.17 million people came to Vietnam for travel this year, an increase of 7.3 percent year-on-year, said GSO.

About 1.16 million visitors came for business purpose, up 16.2 percent, and 1.15 million people came to visit relatives, up 14.3 percent.

According to the GSO, during the period, over 5.57 million visitors arrived in Vietnam by air, an increase of 10.8 percent year-on-year, while over 285,500 visitors came via sea routes (up 0.8 percent) and some 986,200 people by land (up 5.4 percent).

China remained the top source of foreign tourists during the year with 1.42 million person-times, up 0.8 percent year-on-year, followed by South Korea with over 700,000 person-times (up 30.7 percent) and Japan with 576,400 person-times (up 19.7 percent).

The country saw a strong growth in the number of Russian tourists with a sharp increase of 71.5 percent or 174,300 person- times, said the GSO.

Vietnam has set a target to welcome some 10-10.5 million foreign tourists and 17-18 million domestic travelers by 2020 with a revenue of 18-19 billion U.S. dollars, contributing 6.5-7 percent to the country's gross domestic product, according to Vietnam's General Department of Tourism.
 
I am currently in Vietnam, happily seeing a great improvement in everything since my last visit some 10 years ago. People here are still very optimistic despite the current economic slowdown. As for Chinese equipments, many complain about its poor quality and lack of moral. Most people appreciate/embrace either Japanese or German equipments.

So pls don't talk crap, besides Chinese investments are tinny compared to other nations such as Japan. Korea or Taiwan.
holy sht, you only visit your mother country Vietnam ONCE in past ten years??
 
Vietnam's FDI attraction down 15.3 pct in 2012
English.news.cn 2012-12-25 20:20:48

3690.jpg


HANOI, Dec. 25 (Xinhua) -- Vietnam attracted over 13 billion U. S. dollars in Foreign Direct Investment (FDI) in 2012, a decrease of 15.3 percent over last year, according to the website of Vietnam's Ministry of Planning and Investment on Tuesday.

During the period, some 1,100 new FDI projects worth 7.85 billion U.S. dollars were licensed, and 435 on-going projects expanded investment with the additional registered capital of 5.15 billion dollars.

holy sht, you only visit your mother country Vietnam ONCE in past ten years??

I had my reasons...hope I can do more frequently in the future.
 
一 一 ... above data looks not good, to attract foreign investments is the most of the most important thing for country developing.

To build the complete industrial system, it will provide more jobs and attract more foreign investments, also more foreign interests.
 
Direct Hong Kong-Danang air route imminent
: 1/8/2013 5:54:16 PM VOV

DragonAir.jpg.ashx


(VOV) - Hong Kong Dragon Airlines Limited (Dragonair) plans to launch a direct air route between Hong Kong and the central city of Danang on March 28.



Work begins on solar cell plant in Hue
1/8/2013 9:38:39 AM VOV

solar%20cell.jpg.ashx


Construction on a solar cell plant funded by WorldTech Transfer Investment, began in Phong Dien industrial zone in central province of Thua Thien – Hue on January 7.

The US$300 million facility will take 30 months to build and have a capacity of 60 MW a year. In the second phase, the plant’s capacity will be raised to 250 MW.

To date, the 400 hectare industrial zone has attracted five projects worth a total of US$50 million, employing more than 4,000 workers.
 
Dung Quat oil refinery targets 6.5 million tonnes of products

1/6/2013 12:37:21 PM VOV

Dung Quat Oil Refinery to increase its output by nearly 1 mil tonnes.

Dung%20Quat.jpg.ashx


(VOV) -The Dung Quat oil refinery plans to produce 6.5 million tonnes, a quantity that would earn VND120 trillion and contribute VND16.8 trillion to the 2013 State budget.

This is the highest production goal set by the refinery since it officially entered operation in early 2009.

Economic prospects for 2013
12/29/2012 4:39:42 PM VOV

(VOV) - Leading domestic and foreign economists concur that Vietnam will enjoy stronger economic growth in 2013, provided it controls inflation and accelerates the restructuring of both the banking sector and State-owned enterprises.

Economic%20prospects%20for%202013.jpg


Despite the difficulties caused by 2012’s global economic slowdown, Vietnam recorded an encouraging economic growth rate of 5.03 percent.

Alternative scenarios

The Ministry of Planning and Investment(MoIT) has outlined three scenarios for the national economy in 2013 based on the forecasted fluctuations of the local and global markets. The three scenarios assume 2013’s GDP growth rate will hit 5, 5.67, and 6.34 percent.

The second scenario - a GDP growth rate of 5.67 percent and an export growth rate of 14.6 percent - has been judged the most probable

Economists are cautiously optimistic about the international economy, noting the Euro debt crisis is gradually easing and political and territorial disputes are approaching settlements. Japan and the US are both enjoying significant recoveries. Vietnam is thus expecting to attract more foreign direct investment (FDI).

Dr Do Van Thanh, Deputy Director of the National Centre for Socio-Economic Information and Forecast (NCEIF), suggests Vietnam should concentrate on eliminating the national economy’s obstacles to investment and seize the emerging opportunities created by the international business environment’s improvements.

The Government should perpetuate its inflation control and macroeconomic stabilisation policies while maintaining appropriate economic growth and ensuring social welfare, Thanh says.

He also stressed the need to help local businesses through taxation and fee policy measures. Promotional campaigns could boost purchasing power and assist businesses with reducing inventories. Vietnam must capitalise on shifts in the flows of FDI and official development assistance (ODA) from Japan and India into Southeast Asia, Thanh notes.

A group of Banking Academy economists have also mapped out three economic scenarios for 2013. They posit GDP growth rates of 4.69, 5.44 and 6.01 percent, deeming the second hypothetical most likely.

Positive signs

Dr Nguyen Thi Kim Thanh, Director of the Banking Development Strategy Institute, says Vietnam’s 2012 export growth was impressive despite sharp consumption demand declines from key importers like the US, EU, and JapanShe says sustainable economic growth requires Vietnam to prioritise increasing total demand and stabilising the macroeconomy.

Credit growth should be bolstered and business expansion hurdles removed, Thanh says. She thinks the central bank should establish efficient channels of capital and consolidate consumer trust for further growth.

Many foreign economists have faith in Vietnam’s 2013 economic recovery, despite preexisting challenges. They predict the country’s GDP will grow by a modest 5.5 percent in 2013.

Dr Michael Krakowski, Chief Technical Advisor of the Macroeconomic Reform Programme in Vietnam (an initiative of the German development and cooperation organisation GIZ) points to the fact that the Vietnamese Government has undertaken drastic measures to stabilise the macroeconomy and maintain sustainable growth.

The country’s banking and business restructuring processes must continue to protect the future of the national economy. He acknowledges Vietnam’s constant economic reform efforts, its improvements to the business climate, and its investment efficiency increases. He also admires the remarkable results achieved by the combination of bank and business restructures and the shifting growth model.

In the 2013 fiscal year, Vietnam will receive nearly US$6.5 billion in ODA from international donors. It represents the confidence Vietnam’s foreign partners place in the national economic outlook.. ODA loans are valuable resources that help Vietnam address short-term economic difficulties and lay firm foundations for long-term economic growth.
 
overall outlook of the current Vietnamese economy

Vietnam Grows at Slowest Pace Since ’99 on Credit Slump: Economy
Vietnam’s economy expanded at the slowest pace in 13 years in 2012 as a slump in bank lending damped domestic demand, adding pressure on the government to revamp the financial system and attract more foreign investment.
Bloomberg - Dec 24 12:35am


Sluggish industry threaten Vietnam's growth in 2013
Vietnam's Director of the National Centre for Socio-Economic Information and Forecasting Professor Do Van Thanh spoke to the newspaper Kinh te Vietnam & The gioi (Vietnam Economy & World) abou .....
Asia News Network - Jan 07 08:52pm
 
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