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Posts Tagged ‘equivalent’

Capital to spend equivalent $10 million for Lunar New Year welfare

In Uncategorized on January 12, 2011 at 7:04 am

The Hanoi People’s Committee has decided to spend nearly VND200 billion (US$10 million) on purchasing gifts to help the vulnerable groups in society.

Hanoi authorities will spend VND20 billion to help the poor during the Lunar New Year holidays. (File photo)

The Tet gifts will be given to the poor, lonely seniors and welfare beneficiary families; in order that they too can enjoy a happy Lunar New Year, which begins on February 3.


Nguyen The Hung, deputy director of Hanoi Department of Labor, Invalids and Social Affairs, said the department is making every effort in ensuring that no person goes hungry, during the Tet holidays.


During the Tet holidays, more than 730,000 people will be offered gifts. These will include 1,000 old men, over the age of 100, and over 148,000 poor families.


Furthermore, the People’s Committee will use subscriptions in order to help disabled people enjoy the Tet holidays. Additional money will be given to orphans and the poor.


The capital will also give gifts worth VND100,000 to each drug addict; and each cadre will receive gifts worth VND200,000 each in rehabilitation centers.

Source: SGGP

Gov’t to advance $3 mln equivalent to flood-hit provinces

In Uncategorized on December 16, 2010 at 9:29 am

Prime Minister Nguyen Tan Dung has directed the Ministry of Finance to advance VND61.6 billion (US$3 million) out of total VND335 billion from the central budget to eight central provinces which have been damaged by the recent floods. 

File photo of houses flooded in Ninh Hoa District, Phu Yen Province (Photo: SGGP)


The money is expected to help flood victims buy seeds, domestic animals, and restore production, which the floods have caused.


On December 3, PM Dung decided to extract VND335 billion (US$16.75 million) from the State budget and 8,600 tons of rice from the National reserve to support and assist the central provinces to recovered from the consequences of the recent flooding.


The chairperson of the eight provinces people’s committees will be responsible for the distribution of the money for the correct purpose.


The PM’ has decided to distributed the money to the following provinces: Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ninh Thuan, Dak Lak and Gia Lai provinces.


In related news, Minister of Industry and Trade Vu Huy Hoang on December 7 worked with leaders of the Phu Yen Province. This was to ensure that water release from hydropower plants, and the price stabilization was in place, during the upcoming Lunar New Year Holiday Celebrations.


The Provincial People’s Committee asked the government to supply an extra of 2,000 tons of rice, 1,000 tons of seed, 10,000 litres of pesticides to help residents restore production and prevent environmental pollution.


The province also asked the government to support VND185 billion (US$9.2 billion) to upgrade irrigation works in the area.  Mr. Hoang said that he would send a report to the government about the province’s petitions.

Source: SGGP