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Posts Tagged ‘funding’

Children’s fund looks to $2 million funding for the needy

In Uncategorized on January 12, 2011 at 7:03 am

The National Fund for Vietnamese Children has said that it will try to raise VND40 billion (US$2 million) in order to carry out programs and help disable children of Vietnam this year.

 

Representatives from the National Fund for Vietnamese Children offer gifts to disable children in flood-hit region. (Photo:nfvc.org)


The fund will organize three programs which will be broadcast live on television. The event on television hopes to raise money, from various individuals and organisations, in order to help disadvantaged children.


In another ceremony, which will be held at the Presidential Place in Hanoi, 55 outstanding children that have faced extreme hardship, will be honoured.


Furthermore, the fund will offer 2,500 scholarships to children in 63 cities and provinces, and in addition, give away 5,000 lifebuoys to children that live near rivers and waterways.


The fund also hopes to build 10 new projects and provide fresh water in over 10 cities and provinces around Vietnam. The project will also build five new schools and support 70 individuals that need heart operations in Vietnam.


Last year, the fund raised over VND90 billion ($4.5 million) and helped one million poor and disable children across the country.

Source: SGGP

German NGO wants to stop funding for Phong Nha Ke Bang

In Uncategorized on October 14, 2010 at 2:37 pm

KwF, a non-governmental organization from Germany, has said it wants to stop funding KwF pledged for the Phong Nha-Ke Bang nature conversation project because the project’s management board has infringed its commitments.

A view of Phong Nha Ke Bang National Park

The project was begun in October 2008 with aid from Germany worth EUR12.63 million.
 
On behalf of the German Government, KfW Entwicklungsbank and the German Agency for Technical Cooperation provides technical and financial assistance to the central province of Quang Binh, where Phong Nha Ke Bang National Park is situated, and the Phong Nha Ke Bang park administration.
 
The poject, which would be implemented until 2016, is aimed to maintain the biological diversity in Quang Binh area, support the development of buffer zone, protect natural resources in the park, and reduce poverty for as many as possible of the 56,000 residents living there.
 
After nearly two years of implementation, many works of the project have become stagnant or yet to be developed.
 
Under the project, 4,250 hectares of forest have to be developed and over 11,000 hectares of existing forest have to be protected, of which total 600 hectares have to be developed and protected in 2010, but until now no tree has been planted.
 
KfW gave the management board over EUR350,000 for planting forest in July 2009, so far the board has disbursed only EUR114,000, but no tree has been grown.
 
The NGO has asked the board many times to provide records showing its disbursement in 2009, but the board has parried it.
 
On June 14, 2010, KfW sent a note to the province People’s Committee and Department of Planning and Investment, and the management board to ask the board to give it back the remaining EUR200,000 which has yet to be disbursed.
 
In the note, the bank said the province and the board have violated agreements signed between the province and the bank.
 
It said the board has not reacted effectively to clearance and burning of natural forest in the buffer zone, and taken the initiative in management of the project.
 
The bank also said that it doesn’t approve the board’s plans on activities and budget for 2010.
 
According to a survey by Sai Gon Giai Phong, seedlings cultivating farms in the province don’t meet required standards so about 30-50 percent of seedlings have died, but the board has failed to help farmers.
 
Under the project, farmers who join the project must be trained in cultivation, but many farmers said the training was very perfunctory and they couldn’t learn any things from it.

Source: SGGP

German NGO wants to stop funding for Phong Nha Ke Bang

In Uncategorized on August 16, 2010 at 11:22 am

KwF, a non-governmental organization from Germany, has said it wants to stop funding KwF pledged for the Phong Nha-Ke Bang nature conversation project because the project’s management board has infringed its commitments.

A view of Phong Nha Ke Bang National Park

The project was begun in October 2008 with aid from Germany worth EUR12.63 million.
 
On behalf of the German Government, KfW Entwicklungsbank and the German Agency for Technical Cooperation provides technical and financial assistance to the central province of Quang Binh, where Phong Nha Ke Bang National Park is situated, and the Phong Nha Ke Bang park administration.
 
The poject, which would be implemented until 2016, is aimed to maintain the biological diversity in Quang Binh area, support the development of buffer zone, protect natural resources in the park, and reduce poverty for as many as possible of the 56,000 residents living there.
 
After nearly two years of implementation, many works of the project have become stagnant or yet to be developed.
 
Under the project, 4,250 hectares of forest have to be developed and over 11,000 hectares of existing forest have to be protected, of which total 600 hectares have to be developed and protected in 2010, but until now no tree has been planted.
 
KfW gave the management board over EUR350,000 for planting forest in July 2009, so far the board has disbursed only EUR114,000, but no tree has been grown.
 
The NGO has asked the board many times to provide records showing its disbursement in 2009, but the board has parried it.
 
On June 14, 2010, KfW sent a note to the province People’s Committee and Department of Planning and Investment, and the management board to ask the board to give it back the remaining EUR200,000 which has yet to be disbursed.
 
In the note, the bank said the province and the board have violated agreements signed between the province and the bank.
 
It said the board has not reacted effectively to clearance and burning of natural forest in the buffer zone, and taken the initiative in management of the project.
 
The bank also said that it doesn’t approve the board’s plans on activities and budget for 2010.
 
According to a survey by Sai Gon Giai Phong, seedlings cultivating farms in the province don’t meet required standards so about 30-50 percent of seedlings have died, but the board has failed to help farmers.
 
Under the project, farmers who join the project must be trained in cultivation, but many farmers said the training was very perfunctory and they couldn’t learn any things from it.

Source: SGGP

US Congress sends Obama Afghan war funding bill

In Uncategorized on July 28, 2010 at 7:18 am

WASHINGTON, July 27, 2010 (AFP) – US lawmakers on Tuesday approved an urgent funding measure to pay for President Barack Obama’s troop “surge” to turn around the faltering Afghan campaign, sending it to him to sign into law.


The House of Representatives voted 308-114 to pass the legislation, which includes some 37 billion dollars to pay for the conflict in Iraq and for another 30,000 US troops to go to Afghanistan under Obama’s new strategy.


The funding brings the amount of money the US Congress has appropriated for the wars to over one trillion dollars since late 2001.

US Staff Sergeant Julio Jurado of 1st Platoon Bravo Troop of 1st Squadron, 71st Cavalry checks the aim of his rifle in his tent at a forward operating base in Dand district of Kandahar Province in Afghanistan on July 27, 2010. AFP

The legislation carried a total price tag of nearly 59 billion dollars, including 37 billion for Iraq and Afghanistan, 5.1 billion for natural disaster response in the United States, and 2.9 billion to aid relief efforts in Haiti.


It also included 13.4 billion dollars for Vietnam war veterans exposed to the toxic defoliant Agent Orange.


After weeks of delay, the White House’s Democratic allies in the House accepted a Senate-passed version of the measure, stripped of social spending notably aimed at saving the jobs of teachers facing the axe amid state belt-tightening in the sour US economy.

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Source: SGGP

Education ministry proposes increase funding student loans

In Uncategorized on May 17, 2010 at 8:58 am

Students from across the country stand to receive loans totaling VND1.2 million per month, up from current levels of VND860,000.

 

If the Ministry of Education’s proposal is approved, each student loan would increase to VND1.2 million per month

The Ministry of Education made the proposal at a recent seminar on building assistant policy to disadvantaged students in accordance with a Government resolution on reducing poverty in 61 of the country’s impoverished districts.


Demand for student loans continues to rise.


Moreover, the current loan level of VND860,000 per month fails to cover the cost for many students to pay for accommodation and travel expenses, forcing many to take on part-time jobs in order to make up the difference.  In many cases, this extra burden has affected their studies.


According to the Vietnam Bank for Social Policies, three years since implementation of the loan assistance policy to students, total loans to students have reached VND19.9 trillion (US$1 billion), as of March 2010.


Of these, the number of students who received loans is 1.8 million and the number of households getting loans for their children’s education is 1.6 million.


The assistance policy has helped hosts of disadvantaged students to continue their studies and has limited the number of students forced to drop out of school due to financial constraints.

Source: SGGP

JBIC pledges further funding for Vietnam

In Uncategorized on May 3, 2010 at 3:21 am




JBIC pledges further funding for Vietnam


QĐND – Wednesday, April 28, 2010, 21:45 (GMT+7)

The Japan Bank for International Cooperation (JBIC) will continue to provide capital to Vietnam, said its Senior Executive Director Fumio Hoshi at a meeting with the Minister of Finance Vu Van Ninh in Hanoi on April 27.


Mr Fumio said that JBIC’s operations focus on developing natural resources for Japan, sharpening the competitive edge of Japanese technology, coping with financial changes and carrying out global environmental protection projects.


JBIC is very keen to expand its investments in Asia including Vietnam, Mr Fumio emphasised.


Over the past few years, JBIC has funded a number of projects in Vietnam and provided capital for the Vietnam Coal and Mineral Industry Group.


In the near future, JIBC will continue to invest in projects to build an International gateway port in Hai Phong, petro-chemical refineries in Nghi Son and Long Son. In addition, JBIC also wants to promote investment and trade links with Vietnam to help the country develop its capital market.


Mr Ninh thanked the Japanese Government for assisting Vietnam to develop its business operations and said that many Japan-funded projects in Vietnam have proved very effective and recorded satisfactory results.


Source: VOV


Source: QDND

Japan gov’t funding $5 mil for Vietnam biomass project

In Uncategorized on March 24, 2010 at 4:51 am

The Japanese government has agreed to fund US$5 million for a Vietnam project aimed at studying and developing technologies necessary for the production of bio-fuel from biomass in connection with environmental issues.


The five-year Sustainable Integration of Local Agriculture and Biomass Industries project strives to study and produce bio-ethanol from straw. With biogas, bio-ethanol is hoped to be the premise for agricultural development in Ho Chi Minh City.


Earlier, the HCMC Department of Science and Technology directed the HCMC University of Polytechnic to implement a biomass project in Thai My Commune, Cu Chi District with support from the Tokyo University of Japan.


The project aimed to study technology related to reusing waste in cultivation and breeding to create energy and fertilizer. This was hoped to enhance income for farmers in rural areas in the lead-up to green agriculture without waste.





Source: SGGP Bookmark & Share

Gov’t to increase education funding in 2010

In Vietnam Education on December 26, 2009 at 12:25 pm

Deputy Prime Minister and Education and Training Minister Nguyen Thien Nhan said December 25 that government spending on education would increase in 2010.








Government spending on education would increase in 2010 (Photo: SGGP)

He was speaking at a meeting in Ho Chi Minh City held by the Ministry of Education and Training (MOET) to discuss the use of state budget funds for educational institutions next year.

According to the Planning and Finance Department under MOET, the government funds just VND2.39 million (US$129) for each postgraduate a year and VND2.15 million for each graduate. The figures are low compared to other countries.

Nguyen Van Ngu, director of the Planning and Finance Department, said low investment in education is the most obvious obstacle in obtaining state-of-the-art teaching equipment and retaining good teachers.

Pham Quang Trung, deputy head of the Hanoi-based National Economics University, said a roadmap is needed if more schools are to become self-financing.

Da Nang University officials, meanwhile, agreed that more investment in education is necessary.
Dr. Nguyen Van My, head of the Hanoi Industry Art College proposed MOET increase spending on students in arts, jewelry and lacquer programs because very few learners pursue such sectors.

Only eight to 10 students enroll in classes each year and the government pays arts teachers just VND29,000 per period. Thus, most teachers end up leaving the profession.

Dr. Tu Quang Hien, director of Thai Nguyen University, complained slow disbursement of state budget funds to schools is causing headaches.


For instance, the National Economics University planned to construct a training center estimated to cost around VND700 billion. That figure has now grown to over VND900 billion, however, and the government granted just VND50 billion in 2009 while the school says it received only VND23 billion. 
The deputy minister said schools must be cautious about continually increasing tuition while failing to increase teaching quality, as the public will become angry.






The Planning and Finance Department says it will spend over VND4, 856 billion on education in 2010, a year-on-year increase of VND4, 394 billion. 
The new financial plan for state-owned schools is expected to take effect soon. Under the plan, tuitions will be increased for students studying social sciences, economics and law, technology, natural sciences, forestry-aquatic products, pharmaceutical medicine, sports and art.


Source: SGGP Bookmark & Share

No printing brings funding to disabled children

In Vietnam Society on December 17, 2009 at 2:07 pm

A sum of VND200 million (more than US$11,000) will be donated to a school for disabled children in Ho Chi Minh City via a charity program conducted by 16 hotels here.


Representatives of the 16 hotels presented a symbolic cheque for this sum to the city-based organization Education for Development at a ceremony held Thursday at the New World Hotel, one of the 16 donors. 








A token cheque of VND20 million presented to organization Education for Development on Dec. 17 in Ho Chi Minh City (Photo: Tuong Thuy)

In the Hotels’ Christmas Charity program, the 16 participants contributed resources and budget allocated to printing and sending greeting cards and other promotional items to business affiliates and colleagues. These things are sent via email, and the 16 hotels have also donated resources of their own.


Kerry Wills, development advisor at Education for Development, said the sum would go to Anh Duong Special Education School in District 12. She said given with the donation, the school’s psychomotor and soundproof hearing rooms “will be suitably equipped with educational and rehabilitative equipment.”


Each of the 120 students enrolled this year at the school will receive maximum benefit from the project, according to Education for Development.


The school provides special education services for Vietnamese children who are hearing impaired, autistic, or suffer from other learning disabilities.


The 16 participants in the program are the Caravelle, Majestic, Mövenpick, Equatorial, New World, Renaissance Riverside, Duxton, Rex, Kim Do, Continental, Victory, First Hotel, Grand, Saigon Star, Bong Sen Corporation and Binh Quoi Tourist Village.


Caravelle general manager John Gardner said last year’s number of participating hotels was 11.


“It’s wonderful to get together with people you’re used to interacting with in a business context, so enthusiastically joining in a common cause,” said Gardner, who initiated the first charity in 2005 with his colleagues.


Source: SGGP Bookmark & Share