action to implement the Hanoi-Ho Chi Minh City express
railway project, said Minister of Transport Ho Nghia Dung.
At the Government’s regular press briefing on August 31, he said the
Government plans to continue studying the project to determine its size,
technology to be used, sources of investment, as well as environmental
and social impacts which have not been included in the project
feasibility study presented to the National Assembly recently.
Dung said relevant agencies are studying the project before making an investment plan using ODA funding, not State money.
Spokesman
for the Government, Minister and Director of the Government Office
Nguyen Xuan Phuc reported that the Prime Minister agreed in principle to
the reception of technical assistance in the form of non-refundable ODA
from the Japanese Government for making investment plans for the
construction of the Hanoi-Vinh and Ho Chi Minh City-Nha Trang sections
of the Hanoi-Ho Chi Minh City express railway project and a project to
upgrade the Hanoi-Noi Bai railway route.
Regarding the
restructuring of the country’s debt-hit shipbuilder, Vinashin, Deputy
Finance Minister Nguyen Cong Nghiep and a representative of the State
Bank of Vietnam said the Finance Ministry is working on a plan to
reschedule debts for Vinashin and define the group’s chartered capital.
The
State Bank of Vietnam is screening the group’s debts with each
credit institutions as its debts totalled 86 trillion VND while its
total assets are valued at 104 trillion VND.
The restructuring
project of Vinashin will give priority to paying salaries and insurance
for its workers, Minister Phuc said, adding that Vinashin will get new
projects once it gains access to capital./.
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