Good morning from Tuoi Tre News!

Society

-- Authorities in Dak Lak Province, which is in possession of a luxury car gifted by a local bank, have just requested that the Ministry of Finance provide the province with eight more cars to be used for public purposes.

-- Houses within the protection corridors of waterways in Ho Chi Minh City that had been built prior to June 24, 2004 will be allowed to remain and their owners will be granted ownership papers, according to a new decision by the city’s administration.

-- Do Thi Kim Lien, the Honorary South African Consul General in Ho Chi Minh City, has just presented Vietnamese naval soldiers stationed in Hoang Sa (Paracel) and Truong Sa (Spratly) Archipelagoes with the money to build five charity houses in celebration of the 23^rd anniversary of South Africa’s Freedom Day (April 27).

Business

-- VND126 trillion (US$5.63 billion) in investment will be channeled into 34 projects in the fields of renewable energy, food processing, ecotourism and mining in Binh Thuan Province, located in south-central Vietnam, according to announcements at a seminar in Phan Thiet City on Wednesday.

-- The construction of a VND1 trillion ($44.64 million) pig farm developed by local food producer Masan in Nghe An Province in north-central Vietnam has been forced to halt due to a lack of environmental impact assessment reports.

-- The state-run oil and gas giant PetroVietnam has announced its plan to increase its yearly oil extraction by one million metric tons in 2017, following a government directive aimed at boosting the country’s economic growth.

-- Da Nang Industrial Zone, a 50.1-hectare industrial complex located in the middle of a residential area in Da Nang City’s Son Tra District, will be transformed into residential land by 2020, according to a plan approved by Deputy Prime Minister Trinh Dinh Dung.

Lifestyle

-- The 4^th Ho Chi Minh City Young Artists Biennale has just kicked off at the Museum of Fine Arts this morning, welcoming 158 works of art in video art, paintings, sculptures, and installation arts by young artists.

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