Thứ Năm, 30 tháng 11, 2017

Vietnam wooden furniture products now target high-end market

2017 is the first year Vietnam gained a 2-digit growth rate in wooden furniture exports thanks to heavy investment in technology and design.

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Vietnam exported $5.55 billion worth of wood and woodwork in first nine months

According to GDC (General Department of Customs), the export turnover of wood and woodwork in the first nine months of the year reached $5.55 billion, an increase of 11.3 percent over the same period last year.

Meanwhile, according to the Handicraft and Wood Industry Association of HCMC (Hawa), Vietnamese companies usually export more in the last months of year. Therefore, it predicts the total export turnover in 2017 will reach $8 billion, or 14 percent higher than 2016.

In 2016, the export turnover of wood, non-wood forestry products and woodwork was $7.3 percent, of which wooden exports brought $5.12 billion, up by 7.1 percent over the year before.
In 2016, the export turnover of wood, non-wood forestry products and woodwork was $7.3 percent, of which wooden exports brought $5.12 billion, up by 7.1 percent over the year before.
Hawa’s deputy chair Huynh Van Hanh commented that Vietnamese enterprises obtained two-digit export growth rate this year because they invested in technology and design.

Many enterprises expanded their factories and set up more production lines with advanced technologies. Others increased investment capital by two or three times. The moves helped them obtain more orders from importers.

In the past, Vietnamese enterprises simply did outsourcing according to the designs given to them. But now, they design new products and export products under their own names.

Hanh said modern technologies now are affordable for Vietnamese enterprises, and, even small manufacturers can also install new production lines. With old technologies, every worker can create productivity value worth $20,000 per annum. The figure is $35,000 with new technologies.

Huynh Quang Thanh, general director of Hiep Long Wood Processing in Binh Duong province, said he has invested in new technology and set up a design division.

The products designed by the company are priced at 10-20 percent higher than products made in accordance with designs provided by clients. Thanks to this, the company usually obtains orders from resorts in the US and Japan, worth $3-4 million each order.

In the domestic market, Vietnamese manufacturers are targeting the high-end market segment, which was previously dominated by imports. At some construction works, 80 percent of woodwork is made in Vietnam.

According to Hawa, the domestic market grew by 5-6 percent per annum and the consumption is expected to increase to $2 billion this year.

Unlike previously, the domestic market is being controlled by Vietnamese enterprises. Vietnam only imports $68 million worth of wooden furniture products every year, mostly from China.

Imports have become less favored because the products are not as diverse, and they are more expensive.

Mai Chi, VNN
BUSINESS IN BRIEF 30/11

VIB to use profits to add to core capital   

Vietnam International Bank (VIB) will submit to the general shareholders meeting (GSM) a plan to use part of its after-tax profits to add to the bank’s core capital.

Accordingly, VIB will temporarily use the after-tax profit accumulated until November 11, 2017, to add to the bank’s Tier 1 capital. The amount will not exceed VND700 billion (US$30.83 million) and the bank’s after-tax profit up till November 30.

The board of directors authorises the board’s chairman to decide the detailed amount to submit to the GSM. Implementation will be done before December 31 this year.

Previously, in early October, VIB unexpectedly decided to cancel a plan to increase charter capital to VND5.64 trillion from VND4.84 trillion by issuing bonus shares approved at the GSM in April 2017. It instead used the money to buy 10.1 per cent of treasury shares.

According to the bank’s Q3 accumulated financial report, its after-tax profit until the end of September was VND799 billion.

VIB’s outstanding loans stood at VND53.37 trillion in the first nine months of the year, 11.7 per cent higher against December 31; while deposits grew 12.1 per cent since December 31 to VND59.77 trillion.

The bank’s non-performing loan ratio fell to 1.54 per cent compared with 1.84 per cent at the end of the second quarter and 2.07 per cent at the end of 2015, and its capital adequacy ratio stood at 15.6 per cent, significantly higher than the 9 per cent required by the State Bank of Viet Nam.

VIB’s credit ranking was upgraded to B2 in a Moody’s report ranking of Vietnamese banks released last month, putting it in the group of banks with the highest credit ranking in the market.

Expert: Vietnam economic growth slows down

 Expert: Vietnam economic growth slows down, Outstanding farm products honoured, Trade surplus of US$2.8 billion recorded in Jan-Nov period, Developing tourism into a spearhead economic sector

Vietnam’s economic growth rate has seen a decline in every 10-year cycle despite significant achievements over the past 30 years, according to Tran Dinh Thien, director of the Vietnam Institute of Economics.

Speaking at a seminar on opportunities and challenges of the fourth industrial revolution in the Mekong Delta province of Tien Giang on November 24, Thien said economic growth of the country has slowed by nearly one percentage point every ten years.

According to Thien, the decline has resulted from internal weaknesses.

Thien pointed to several factors, especially credits.

The economist said compared to other ASEAN countries and China, Vietnam’s credit interest rate is the second highest after Indonesia, with an average of 6% per year over the past ten years. “The credit interest rate in Vietnam is more than twice higher than that of China, the Philippines and Malaysia,” Thien explained.

Besides, the country’s logistics cost is the highest in the world. “Logistics cost presents more than 20% of Vietnam’s gross domestic product (GDP), twice as high as the global average of nearly 12%,” Thien said.

The State budget deficit has widened although the country has called for the stronger participation of the private sector in investment projects.

Thien said Vietnam has increasingly depended on the foreign direct investment (FDI) sector. FDI firms have grown much faster than domestic firms.

According to Thien, FDI enterprises not only know how to make the most of Vietnam’s cheap labor and natural resources but also enjoy land and tax incentives from the Vietnamese government.

Meanwhile, domestic enterprises have to deal with a complicated investment mechanism, with a total of more than 5,700 kinds of certificates and business conditions managed by ministries and departments.

“The FDI sector now contributes a whopping 70% to the country’s total export revenue,” Thien said.

Integration is expected to boost the domestic sector but in fact, Vietnamese firms have faced many difficulties and are now left behind.

Outstanding farm products honoured

Nearly 160 high quality agricultural products and 25 outstanding companies were honoured at a ceremony in Hanoi on November 28 by the Vietnam Farmers' Association (VFA).

Speaking at the meeting, Politburo member, Secretary of Party Central Committee (PCC) and Head of PCC Economic Commission Nguyen Van Binh, said that these are individuals and organisations which have made significant contributions towards raising the value of products and also promoting the sustainable development of these products.

The Party and State will continue to mobilise their resources to develop rural areas, while creating favourable conditions for businesses to invest in socio-economic infrastructure and production in disadvantaged areas, as well as to improve the competitiveness of Vietnam’s agricultural products and promote agricultural restructuring and the construction of new-style rural areas, he noted.

According to the VFA President Lai Xuan Mon, the programme was launched in 63 provinces and cities, with over 180 agricultural products being nominated.

The organising committee, in co-ordination with local agencies and agricultural experts, selected 157 high-quality products to be honoured at the ceremony, he added.

Mon noted that the ceremony is also an opportunity to encourage and recognise businessmen and entrepreneurs who are actively supporting farmers in improving productivity, quality, as well as effective product consumption with high value.

Trade surplus of US$2.8 billion recorded in Jan-Nov period

Vietnam enjoyed an estimated trade surplus of US$200 million in November, raising the total trade surplus for the first 11 months of 2017 to US$2.8 billion, as announced by the General Statistics Office of Vietnam (GSO) on November 29.

According to the latest statistic from the agency, during the 11 month period, the domestic economic sector recorded a trade deficit of US$23.4 billion, while the foreign invested sector enjoyed a surplus of US$26.2 billion.

In total, export turnover in the first 11 months of this year was estimated at US$193.8 billion, up 21.1% over the same period last year, of which the domestic economic sector achieved US$53.1 billion, up 16.8%; the foreign invested sector (including crude oil) reached US$140.7 billion, an increase of 22.8%.

Export turnover of key products continued to increase, compared with the same period last year, with cellphones and components reaching US$41.3 billion, up 30.6%; electronics, computers and components reaching US$23.6 billion, up 38.1%; textiles and garments gained US$23.6 billion, up 9.5%; footwear US$13 billion, up 11.6%; and machinery, equipment and accessories reached US$11.5 billion, an increase of 27%.

Regarding the import figures during Jan-Nov, total turnover was estimated at US$191.0 billion, up 21% against the same period last year, of which the domestic sector imported goods worth US$76.5 billion, up 17.9%; while the figure for the FDI sector stood at US$114.5 billion, increasing by 23.2%.

For November alone, exports were on a downward trend compared to the previous month, with total export turnover estimated at US$19.2 billion, down 5.4% against October, of which the domestic sector net in US$5.0 billion, down 2.2%, and the FDI sector (including crude oil) reached US$14.2 billion, down 6.5%.

Imports this month increased in comparison with October, as import turnover reached US$19 billion, up 4.9%, of which the figure for the domestic economic sector was at US$7.6 billion, increasing by 7.1%; and the FDI sector stood at US$11.4 billion, up 3.5%.

In the past 11 months, the US remained the leading export market of Vietnam with US$38.1 billion, up 9.5% over the same period last year; followed by the EU with US$35 billion, up 13.9%; China US$30.3 billion, up 54.2%; ASEAN US$19.8 billion, up 25.8%; Japan US$15.2 billion, up 14.9%; and the Republic of Korea (ROK) US$13.6 billion, up 30.4%.

In the opposite direction, China remains the largest import market for its neighbouring country, with turnover reaching US$52.1 billion, up 15.5% over the same period last year; followed by the ROK with US$42.4 billion, up 46%; ASEAN US$25.4 billion, up 17.5%; Japan US$14.7 billion, up 7.5%; the EU US$11 billion, up 10.5%; and the US$ 8.4 billion, up 7%.

Developing tourism into a spearhead economic sector

The Ministry of Culture, Sports and Tourism held an online conference on November 28 to implement the Government's Action Programme and the Ministry's Action Plan on developing tourism into a spearhead economic sector.

The conference was held simultaneously in 63 provinces and cities across the country in response to the Politburo Resolution No.08, issued in January 2017, on developing tourism into a spearhead economic sector by 2020.

Addressing the conference, Minister of Culture, Sports and Tourism Nguyen Ngoc Thien said that the tourism sector has witnessed strong growth over the past few years, contributing positively to the national socio-economic development.

The tourism sector grew by 27% in 2016, receiving approximately 10 million foreign visitors. Vietnam also welcomed 11.7 million foreign arrivals in the first 11 months of this year and the number is estimated to rise to 12.8 million by the end of the year, up 28% over 2016 and up nearly 60% compared to 2015, Thien noted.

The minister emphasised that, with such outstanding performance, the tourism sector has a great opportunity to become a key economic sector in Vietnam, adding that with this rapid growth, the Vietnamese tourism sector would be able to keep pace with other countries in the region including Indonesia, Singapore, Malaysia and Thailand.

At the conference, representatives from the Vietnam National Administration of Tourism also introduced the key content of the Government's Action Programme and the Ministry's Action Plan on developing tourism into a spearhead economic sector and the Tourism Law 2017 (revised), which was adopted by the National Assembly in June 2017.

Under the Action Programme, the Government has assigned the related ministries and localities to carry out eight key tasks, including the restructuring of the tourism sector, the completion of policy on tourism, and investment in order to upgrade tourism infrastructure, among others.

11M FDI up 83%

Total foreign direct investment (FDI) in Vietnam reached $33.09 billion in the first eleven months of this year, up a staggering 82.8 per cent year-on-year, according to the latest report from the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment.
There were 2,293 new projects granted investment certificates during the period, with total registered capital of $19.8 billion, an increase of 52 per cent year-on-year.
There were also 1,100 existing projects raising their investment capital by a total of $8 billion, up 57.6 per cent year-on-year.
Foreign investors also purchased shares in 4,535 local enterprises, spending $5.29 billion, up 57.6 per cent year-on-year.
Disbursement was also higher, reaching $16 billion as at November, up 11.9 per cent year-on-year.
The FIA figures reveal that foreign investors invested in 19 sectors. Processing and manufacturing industry continued to attract the most, with $14.95 billion, accounting for 45.2 per cent of the total. Electricity production and distribution followed, with $8.37 billion, accounting for 25.3 per cent, then real estate with $2.5 billion, accounting for 7.6 per cent.
Some 112 countries and territories have investment projects in Vietnam, of which Japan led the way with capital of $8.94 billion, accounting for 27 per cent of the total. South Korea followed, with $8.18 billion, accounting for 24.7 per cent, then Singapore with $4.69 billion, accounting for 14.2 per cent.
Foreign investors invested in 59 cities and provinces around Vietnam in the period, of which Ho Chi Minh City attracted the most, with $5.68 billion, accounting for 17.2 per cent of the total. Northern Bac Ninh province ranked second, with $3.28 billion, accounting for 9.9 per cent, then northern Thanh Hoa province with $3.16 billion, accounting for 9.5 per cent.

Solutions on offer for clothing producers

Vietnamese apparel companies face a host of obstacles from globalization and industrialization, especially in the context of the changing pace of fashion, a seminar entitled “Is Vietnam’s Apparel Industry Ready for Fast Fashion?” held a few days ago in Ho Chi Minh City by ThreadSol, a fast-growing Singapore-based technology company in the apparel industry, heard.
In cooperation with the Vietnam Textile and Garment Association (VITAS), ThreadSol organized its second edition of the Apparel Tech Up Forum Vietnam series to discuss issues and solutions for Vietnam’s apparel manufacturers in coping with the rapidly growing trend of fast fashion, within the context of the Vietnam International Textile & Garment Industry Exhibition (VTG).
Over recent years, Vietnam has become a destination for major international fast fashion brands thanks to its large and young population and increasing incomes. Brands such as ZARA, H&M, Topshop, and Mango are rushing to set up more shops around the country.
The seminar welcomed a number of Vietnam’s leading apparel manufacturers, who heard speeches and presentations from representatives of VITAS and ThreadSol, providing an overview of Vietnam’s apparel industry, in particular the problems faced by manufacturers due to the changing pace of fashion.
The seminar also featured a panel discussion that gave those in attendance a closer look at how manufacturers can rely on a combination of technology and best practice to deliver timely output without compromising on quality or cost, adapting their business operational structure and management model to the new context of the fast fashion market.
ThreadSol’s solutions enable apparel companies in Vietnam to turn challenges into opportunities, assisting manufacturers in boosting their topline (revenue) and bottom line (profit) directly. Right from buying accurate amounts of fabric through intelloBuy and shipping 3 per cent more garments with the same amount of fabric through intelloCut, these solutions can help manufacturers boost their revenue and profit.
“By anticipating change and placing customers’ needs at the heart of our technology, ThreadSol is committed to continually innovating, helping our customers succeed in a fast-evolving industry,” said Mr. Saurav Ujjain, Business Head of ThreadSol South East Asia.
Both intelloBuy and intelloCut have been adopted by leading manufacturers in Vietnam such as Luenthai (Oceans Sky VN), Duc Hanh, Fashion Garments Limited, Saitex, and Tristate (Upgain VN).
ThreadSol was established in 2012 to challenge manufacturing industries with its innovative solutions. Over 120 customers in 15 geographies plan 1 billion garments through its solutions every year.

Coffee production to rise 10% in MY2017/18

The US Department of Agriculture (USDA)’s Foreign Agricultural Service reports forecasts coffee production in Vietnam for Marketing Year (MY) 2017/18 at 28.6 million bags, a 10 per cent increase compared to MY2016/17 due to favorable weather in the first half of this year.
Vietnam’s coffee exports fell 22.5 per cent in the first eleven months of 2017, according to the Ministry of Agriculture and Rural Development (MARD).
November exports were 83,000 tons, worth $185 million, resulting in a fall of 22.5 per cent in volume and 3.8 per cent in value in the first eleven months of 2017 year-on-year. The decline in the domestic coffee market was based on a decline in the global Robusta price.
Vietnam’s MY2016/17 coffee production is revised down from about 26.7 million bags to 26 million bags in the report, due to unusual rain during the harvest that resulted in further losses to already lower
According to the MARD’s Water Resource Directorate, the wet season arrived early this year in the central highlands, Vietnam’s main coffee producing area, and will also end earlier than expected. The El Nino weather pattern could also return in the second half of calendar year 2017. If this happens, the quality of coffee cherries could be affected, as could the new crop.
The report revises estimates for Vietnam’s MY 2016/17 coffee exports upwards, including green beans, roasted and ground, and instant coffee, from 26.05 million bags to 26.55 million bags, due mainly to an expected increase in green bean coffee exports. Total exports for MY 2017/18 are forecast at about 26.65 million bags, due to limited production and carry-over stock.

Exports of green coffee beans are expected at about 24 million bags in MY 2016/17, up some 500,000 bags compared to the USDA’s estimate, due to expected increases in exports of Robusta green beans, but less than the 2.95 million bags recorded in MY 2015/16, due to limited production. MY 2017/18 green bean exports are forecast at 24 million bags, due to expected low coffee carry-over stock from MY 2016/17.

The report maintains exports of roasted coffee in MY2015/16 at 550,000 bags and exports of soluble at 2.0 million bags GBE (Green Bean Equivalent). It forecasts the same volume for MY2016/17 for roasted coffee due to the flat growth of these sectors, but an increase of 100,000 bags to 2.1 million bags for soluble coffee due to increasing investment in companies that are exporting to the Chinese market.
Vietnam continues to import small quantities of green coffee beans, as well as roasted and instant coffee, from Laos, Indonesia, Brazil, and the US. Imports of roasted/ground coffee from the US have increased in the past couple of years due to Vietnam’s expanding coffee retail sector. US brands such as Starbucks, McCafé, Dunkin Donuts, and PJ’s Coffee and several South Korean coffee brands have expanded their outlet numbers in Vietnam’s major cities.
Total coffee imports in MY 2016/17 are expected to be up from 640,000 bags to 1 million bags GBE, due to the rapid expansion of café and coffee shops in Vietnam. Of the total, about 160,000 bags GBE are soluble coffee, 340,000 bags GBE are roast and ground, and 500,000 bags are green bean imports. The report’s forecast for total coffee imports in MY 2017/18 is 1.06 million bags.

600 B2B meetings organised under Italian business mission to Vietnam 2017

More than 600 business-to-business meetings between Vietnamese and Italian enterprises have been organised to help the two countries’ enterprises seek partners in numerous sectors, including infrastructure and transport, power generation and green technology, and machinery and technologies.

These meetings are organised in the framework of the three-day event “Italian Business Mission to Vietnam 2017” by the Italian Trade Commission (ICE), the Italian Banks’ Association, and the Italian Confederation of Industry Associations, with strong support from the Vietnamese Chamber of Commerce and Industry, Vietrade, and the Italian Embassy.

The mission, which was kicked off in Hanoi today and will last for three days (November 27-28 in Hanoi and November 29 in Ho Chi Minh City), attracts a delegation of 150, representing world-leading Italian brands and more than 600 Vietnamese enterprises.

Speaking at the opening ceremony, Cecilia Piccioni, Italian Ambassador to Vietnam, said that orgainising the “Italian Business Mission to Vietnam 2017” event show the two countries’ efforts to realise the commitments between the two countries’ leaders to increase co-operation in the energy, infrastructure and transport, and machinery sectors, among others.

The relationship between the two countries has been elevated to strategic partnership and comprehensive co-operation. Besides, Vietnam and Italy are both signatories to the EU-Vietnam Free Trade Agreement (EVFTA).

The two countries have complementary strengths, which makes them a good fit to help each other develop. Notably, Italy is known as the world’s leading country for energy, infrastructure and transport, machinery, textile, leathers and footwear, food processing and packaging, plastic or building material industries, while Vietnam has seen strong growth in terms of socioeconomic development, thus it has an increasing demand for capital and expertise in transport infrastructure and other industries.

However, trade and investment co-operation is still limited. Italy is the fifth-ranking partner of Vietnam in Europe. As of September 2017, Italy ranked 31st among 126 nations and territories investing in Vietnam, with 82 investment projects worth more than $600 million. In 2016, the two countries' bilateral export turnover reached $5.14 billion, up 7 per cent only. In the first six months of this year, the figure was $3.47 billion.

“Through this event, Italy wants to provide more advanced technology equipment and automation at competitive prices and high productivity, while also focusing on infrastructure and renewable energy in Vietnam,” said Ivan Scalfarotto, Italian Deputy Minister of Economic Development.

“Italy does not only wish to co-operate in the area of trade as in previous years, but wants to help Vietnam develop, support both human resources training and skills development,” he added.

The partnership and co-operation agreement (PCA) between Vietnam and Italy effective since October 2016, and the EU-Vietnam FTA to be signed in 2018 will define the basic rules for comprehensive relations between Vietnam and EU members in general and between the two countries in particular.

Law battles non-state corruption

Publicly held companies, credit organisations, and investment funds in Vietnam may be subject to the new Law on Anti-Corruption, whose draft is currently under discussion by the National Assembly.

The legislature is scrutinising the draft amendments to the existing Law on Anti-Corruption. One of the new points in the draft is that the law, which is now applied to state-run agencies and firms, is also to cover non-state firms, including publicly-held companies, credit organisations, and investment funds as pilot non-state entities.

The draft’s Article 106 states that publicly-held companies, credit organisations, and investment funds have to issue regulations on transparency in their organisational structure and operation, and on responsibility of their heads, including chairmen, CEOs, general directors, directors, and chief accountants.

Meanwhile, Article 107 of the draft also states that these companies, organisations, and funds are required to maintain transparency and control over their heads’ assets. This is aimed at protecting the interest of stakeholders and depositors.

They also have to issue regulations on the declaration of their heads’ assets and income, and be subject to inspections from the governments, ministries, cities, and provinces.

Under the existing Law on Anti-Corruption, only state-run agencies and firms are subject to these regulations. However, according to drafters, these regulations must be applied to non-state enterprises because they will help “enhance enterprises’ role in anti-corruption”, and “the development of corruption-free and healthy business culture plays a very important role in both state and non-state sectors”.

However, these new provisions have gotten poor reviews from both experts and firms.

“While the proposed changes to the law can appear justifiable in the abstract, given the Criminal Law provisions that are already in existence, there is a danger that the changes could have a chilling effect on legitimate business while adding little in the way of deterrence to the illegitimate,” Tony Foster, managing partner of law firm Freshfields Bruckhaus Deringer Vietnam, told VIR.

Nguyen Quang Vu, a business lawyer from Venture North Law Limited, told VIR that the provisions are “irrational”. “Moreover, private firms have their own regulations about asset transparency and control and supervision over all activities of their heads. Thus the state should not interfere in their activities. Private firms often have many stakeholders, whose interests are protected by the law and the firms’ regulations. The stakeholders are responsible for their assets, not the state,” Vu said.

Despite this disagreement, many National Assembly members are putting their weight behind the new provisions.

Deputy Nguyen Quang Dung of the central province of Quang Nam said it would be necessary for the new law to cover non-state firms and those working for these firms, because this will be in line with the existing Criminal Law, which also covers these entities with specific punishments.

Like many deputies, Tran Tat The, representing the northern province of Ha Nam, also said that corruption in the non-state sector “has been growing rampantly and with complexity, especially in the areas of loaning, bidding, contracting, and in unofficial costs like gifts, tours, or job generation”.

“Finally, all the costs of this type of corruption are paid by consumers who have to buy products at high prices,” The said. “The fact that the new law covers the non-state sector is in line with the United Nations Convention against Corruption in which Vietnam is a signatory.”

According to deputies Do Van Binh from the northern port city of Haiphong and Nguyen Van Khanh from the southern province of Binh Duong, one of the biggest challenges is found in the complicated connections between state-owned agencies and firms with non-state enterprises in trading materials and goods.

“The most corruption can be seen in public services and projects in administration, construction, road projects, education, and healthcare,” Khanh said.

“If we focus the fight against corruption only in the state sector, without the non-state sector, the desired result cannot be gained,” Binh said.

But lawyer Vu argued, “If the state-run agencies’ operations are made transparent, no private firm would dare to bribe them. [Without corruption,] this is the thing that a private firm never wants to do.”

Viettel earns VND50 billion on Trung Van apartment sales

Military-run mobile operator Viettel reported an after-tax profit of VND49.48 billion ($2.18 million) from selling the apartments at CT2 Building at Trung Van New Urban Area located in Hanoi's South Tu Liem district.

Previously, according to the Conclusion No.1203/KL-TTCP published on May 16, 2017 by the Government Inspectorate of Vietnam, Viettel suffered a loss of VND40.63 billion ($1.79 million) after investing and then divesting from the project. The Government Inspectorate of Vietnam proposed the Ministry of National Defence to ask Viettel to review its after-tax profit from selling apartments at the CT2 project.

According to a representative of Viettel, in early October, Viettel conducted the review of financial data from the 2011-2014 period, and confirmed that the after-tax profit of VND49.48 billion ($2.18 million) came from selling apartments at CT2 Building at the Trung Van project to its staff. Simultaneously, Viettel has enough data to prove the above profit figure and is willing to take responsibility for the legality of the above-mentioned data.

Viettel added that it recovered the total proceeds of VND154.84 billion ($6.8 million) after divesting from the project, VND12.44 billion ($547,606) higher than the initial investment capital, ensuring the safety of the investment capital according to the investment planning approved by the Ministry of National Defence.

Viettel is currently the No.1 Vietnamese brand in technology and telecommunications, and has valiantly fought its way to the Top 100 most valued telecom companies around the world. It has made large contributions to national production and facilitated national defence as well as co-operated with other factories and agencies to invest in qualified projects.

Viettel ranks first on Profit500

Viettel ranked first among the top 500 Vietnamese firms reporting the highest profit in 2017 (Profit500), according to an evaluation conducted by Vietnam Report JSC (Vietnam Report) and vietnamnet.vn.

The Profit500 ranking has been built based on pre-tax profit, revenue, and the indexes of return on assets, return on equity, and rate of return.

Besides, Viettel ranks first in the top 1,000 Vietnamese enterprises paying the largest corporate income tax, as published by the General Department of Taxation and the Ministry of Finance.

Accordingly, in the first six months of this year, Viettel reported a total revenue of VND118 trillion ($5.19 billion) and a pre-tax profit of VND21.67 trillion ($953.95 million), reaching 100.1 per cent of its targets for the whole year.

Besides, in April, Viettel officially became the first telecommunication services provider in Vietnam to supply 4G services. It is also one of the 60 telecommunication services providers on the world to use 4-transmit-4-receiver (4T4R) technology for its 4G services, increasing coverage 1.4 times and doubling download speeds in comparison with the currently popular 2T2R technology.

It currently has 36,000 4G Base Transceiver Stations (BTSs) nationwide that can cover 95 per cent of the country’s population.

Viettel successfully deployed its third online billing system named vOCS v.3.0 and put it into operation successfully for 90 million subscribers in Vietnam and five overseas markets.

Furthermore, Viettel became a rare telecommunication services provider on the world by producing a real-time billing system, which is comparable to Core Banking in the banking system, but with more complexity and a larger scale.

Only 6% of Becamex’s shares are booked before IPO
   
Only 158 investors have registered to buy more than 18.95 million shares, equivalent to just 6.1 per cent of shares offered, at the initial public offering of the Investment and Industrial Development Corporation (Becamex IDC).

The IPO is scheduled on December 1 on the HCM Stock Exchange.

Among them, only five are foreign institutions, booking the purchase of nearly 10.64 million shares, and 153 are domestic investors --149 individuals and four institutions -- who want to buy some 8.3 million shares, the HCM Stock Exchange announced.

The information is disappointing as the IPO was expected to draw special investors’ attention given its sizable share offering as well as the leading position of the company in the industry.

Early this month, Becamex said it would float over 311.2 million shares, equivalent to 23.63 per cent of its charter capital, through the IPO. The initial selling price is set at VND31,000 (US$1.37) per share, valuing the company at VND40.83 trillion ($1.8 billion).

The company is expected to collect at least VND9.65 trillion from the sale (if all the shares are sold), making it the second largest IPO of a State-owned enterprise since Vietcombank’s IPO worth VND10.5 trillion in December 2007.

Established in 1976, Becamex IDC is one of the largest real estate companies in Viet Nam, focusing on developing industrial, residential, urban and transport infrastructure. Under the equitisation plan, the State will retain 51 per cent of the company’s charter capital worth VND13.17 trillion.

Van Phu Invest becomes 9th largest property firm after stock debut
   
Shares of Van Phu-Invest Investment Joint Stock Company (code VPI) soared 29.7 per cent on its first trading day on the Ha Noi Stock Exchange on Tuesday to close at VND35,800 (US$1.57) a share.

At this price, the company was valued at more than VND5.7 trillion ($251 million), making it the ninth largest real estate company on the stock exchange.

Its chairman and CEO To Nhu Toan, with an ownership of 25 per cent stake in the company, advanced into the stock exchange’s billionaire with estimated total assets of over VND1.43 trillion.

Established in 2003, the company has current charter capital of VND1.6 trillion, equivalent to 160 million shares. The company began attracting market attention since 2010 with a series of projects including Van Phu Urban Area and Van Phu – Victoria apartment building in Ha Noi’s Ha Dong District.

It posted a net profit of VND238.3 billion in the first nine months of this year and targeted a yearly profit of VND420 billion. The earnings per share (EPS) ratio was VND4,500.

98% of Ha Noi enterprises pay taxes online
   
Ninety-eight per cent of total enterprises in Ha Noi have implemented online tax declaration and about 95.36 per cent of them have paid their taxes online.

This was revealed by the Ha Noi Department of Taxation. The figures have exceeded targets under Resolution 19, in reducing the time and cost for taxpayers and tax offices in declaring and paying tax.

The registration time of newly-established enterprises and the automatic granting of a tax code has reduced by 87.5 per cent, four hours less than earlier. That has helped enterprises and taxpayers save time and money.

The department has also coordinated with relevant departments in solving administrative procedures relating to land, and reducing the period of implementing the procedures from five days to three days, VTC reported.

Nguyen The Manh, deputy director of the General Department of Taxation and director of the Ha Noi Taxation Department, said that over the past years, the taxation department of Ha Noi has focused on accelerating tax administrative reforms and ensuring transparency to create favourable conditions for businesses and taxpayers.

The Ha Noi Taxation Department has applied IT in stages of tax management, contributing to transparency and simplification of tax administrative procedures.

The biggest target of the Ha Noi Taxation Department is to create the best conditions for taxpayers to enjoy full tax incentives and comply with tax policies and law.

Work on $66m wind power plant starts in Ben Tre
   
Construction of a wind power plant worth nearly VND1.5 trillion (US$66 million) began in the southern province of Ben Tre’s Binh Dai District on Tuesday.

Financed by Mekong Wind Power Joint Stock Company, an affiliate of Thanh Thanh Cong Group, the Binh Dai plant will comprise 15 turbines with a total capacity of 30MW.

Once operational, the plant – the first of its kind in the province – will produce about 84 million kWh each year.

In a speech at the plant’s ground breaking ceremony, provincial People’s Committee vice-chairman Truong Duy Hai said Ben Tre had great potential for wind power development thanks to a long coastline and strong wind intensity.

The province has selected 11 areas in Binh Dai, Ba Tri and Thach Phu districts to develop plants, following a master plan to 2020, Hai said.

He added that the Binh Dai plant would help speed up provincial economic growth and create more jobs for local people.

In July, provincial authorities granted investment licences to seven wind power projects, with total pledged capital of about $900 million at an investment promotion conference held in the locality.

Bus plant ready for ASEAN zero tax
   
Car maker Truong Hai Automobile company (Thaco) has opened a new bus plant in the Chu Lai-Truong Hai Industrial Complex in Quang Nam Province. In conjunction with South Korea’s Hyundai Motors, it will make 20,000 buses and minibuses a year from 2018, mostly for export to ASEAN countries.

Deputy director of Thaco, Pham Van Tai, said the plant, which covered 17ha and involved investment of VND7 trillion (US$310 million), would supply high-quality vehicles. He said the new plant, built using 60 per cent Vietnamese-made components, would produce engines meeting Euro 4 Emission Standards.

"We have sped up the localisation ratio to produce good quality and competitively priced vehicles to take advantage of the zero tax being introduced throughout the ASEAN region next year,” Tai said.

He said the company had developed a supportive industry zone with 24 plants producing spare parts and accessories for local use and export.

Thaco has also built a research and development centre at the new bus plant as well as an automatic welding line and power coating for painting vehicles.

In 2010, Thaco invested $44 million to build the first plant to make 45-seat buses with a capacity of 5,000 vehicle per year.

Vietnam-Japan steel venture officially opens

Vietnam’s Mechanization Electrification Construction Corporation JSC (Agrimeco) and Japan’s JFE Steel Corporation (JFE) held an opening ceremony for the two companies’ newly merged unit, Agrimeco & JFE Steel Products Co., Ltd (ANJ) in Hanoi on November 28.

The new entity, ANJ, has a registered capital of 2 million USD and is the first joint venture that JFE Steel Corporation has established with a construction and steel-processing company in Vietnam.

As of February 17, 2017, JFE announced the establishment of a joint venture with 50-50 percent shareholding in Agrimeco, a contractor engaged in hydroelectric power plants and steel high-rise buildings, as well as processing construction materials.

Le Van An, chairman of Agrimeco, explained that despite the successful merger in February, both sides needed time to understand each other’s working methods, and most importantly, to have ample preparation for upcoming international projects, hence the opening ceremony in November.

‘As we have now secured some major contracts with other companies outside of Vietnam, we plan to utilise each party’s core strength to build one of the largest mechanical complex here in Asia,’ he added.

The joint venture will focus on importing structural steel sheet and steel materials from Japan, which will then be processed by Agrimeco and exported to neighbouring South East Asian markets, after it has consolidated operations in Vietnam.

According to Fukushima Isao, general director of JFE Steel Vietnam Co., Ltd., in order to avoid competing with cheap Chinese steel, the new unit will focus on high-end anti-corrosion products.

Domestic demand for construction materials is expected to remain strong and stable as Vietnam continues actively expands its roads, railways, power plants and other transportation infrastructure, consuming 18 million tonnes of steel annually, Fukushima added.

He also said that the Vietnamese high-end construction steel market is expected to nearly triple by 2025, while integrated steel works and steel products consumption is expected to grow further.

Italian government, firms praise Vietnam’s free trade policy

The Italian Government and businesses have highly evaluated Vietnam’s policy on open and free trade, said Italian Deputy Minister of Economic Development Ivan Scalfarotto.

The Italian official made the comment when he was received by Prime Minister Nguyen Xuan Phuc in Hanoi on November 28. He is visiting Vietnam to attend the 4th session of the Vietnam-Italy Joint Committee for Economic Cooperation.

PM Phuc applauded the success of the 4th session of the Vietnam-Italy Joint Committee for Economic Cooperation and the Vietnam-Italy Business Forum, and recommended the two countries intensify economic and trade cooperation in a bid to lift up bilateral trade.

While suggesting Italian firms increase investments in Vietnam, PM Phuc said the Vietnamese Government will create favourable conditions for Italian investors.

He listed a number of spheres for bilateral cooperation, including tourism, green technology, transport, and infrastructure and stressed the need to open a direct air route between the two nations.

PM Phuc urged both sides work closely to implement the 2017-2018 action plan on strategic partnership, continue organising strategic diplomatic and defence dialogues, and carry out activities marking 45 years of diplomatic ties.

The PM said Vietnam expects Italy to help speed up the EU’s signing and ratification of the EU-Vietnam Free Trade Agreement (EVFTA).

Scalfarotto said his delegation included 130 businessmen from 60 top Italian companies who are looking for investment and cooperation opportunities in Vietnam.

The exchange of high-ranking delegations between the two countries showed Italian’s attention to Vietnam, he said, adding that the official signing of the EVFTA would stimulate economic, trade, and investment relations between the EU and Vietnam as well as between Italy and Vietnam.

India boosts agricultural cooperation with Mekong Delta

Agriculture is a key field of cooperation between India and Vietnam, especially the Mekong Delta region - the largest granary in the country, an official has said.

Speaking at a workshop held in the Mekong Delta province of Tien Giang on November 28, Indian Ambassador to Vietnam Parvathaneni Harish said farm produce and processed food continue to account for a large proportion in bilateral trade.

Indian companies have poured a remarkable amount of investment in Vietnam in recent years, focusing on key commodities such as sugar, tea, coffee, pepper, seeds, and agricultural equipment, he said.

The ambassador suggested the two nations focus cooperation on building hi-tech agriculture, promoting trade in fruits, vegetables and aquatic products, developing harvest and post-harvest technologies, training high-quality human resources for agriculture, and studying varieties and advanced cultivation techniques.

Vo Hung Dung, Director of the Vietnam Chamber of Commerce and Industry (VCCI)’s Branch in Can Tho city, said the Mekong Delta is the country’s largest agricultural production region which also has a favourable business environment.

The Mekong Delta also has good conditions to further promote international integration and cooperation, he said, adding that India is one of the most important partners of the region.

Chairman of the provincial Tien Giang People’s Committee Le Van Huong said the outcomes of the workshop will help the region foster the development of sustainable agriculture, shifting from quantity to quality and from chemical agriculture to organic and hi-tech agriculture.

Italians hope to boost trade with Vietnam

Italy wants to boost its investment in Vietnam, focusing on providing more advanced technology equipment at competitive prices, while also supporting the country’s sustainable development with infrastructure and renewable energy projects, said Ivan Scalfarotto, Italian Deputy Minister of Economic Development.

He was speaking at the Business Forum Italy Vietnam held for Vietnamese and Italian entrepreneurs to share investment and cooperation opportunities in Vietnam.

The forum hosted 150 delegates representing some of Italy’s world-leading brands, in industries from renewable energy and infrastructure to machinery and banks and entrepreneurial associations. More than 200 Vietnamese counterparts also attended.

Italy is now Vietnam’s eighth-largest trading partner in the world and the largest in the EU. Italian exports to Vietnam include machinery, leather products and electronics. Italian investment in Vietnam increased to 360 million USD in 2016 with 78 projects implemented.

Bilateral trade between Vietnam and Italy increased sharply from 1.13 billion USD in 2006 to 4.68 billion USD in 2016. In the first eight months of this year, bilateral trade reached 2.9 billion USD, a year-on-year increase of 9 percent.

Identifying economic cooperation as a priority pillar of bilateral cooperation, the two countries aim to increase trade turnover to 6 billion USD in the 2017- 18 period. They hope to increase Italy’s investment in Vietnam, especially in sectors in which Italy is strong, creating favourable conditions for Vietnamese agriculture and seafood products to access the Italian market.

“Italy does not only wish to cooperate in the area of trade as in previous years, but also wants to help Vietnam develop by supporting human resources training and capacity-building. To date, Italy has provided technological and financial support to establish a leather and footwear technological, training and application centre in Binh Duong province, which opened in July this year,” Scalfarotto added.

As regards the obstacles of Italian firms when doing business in Vietnam, Pham Hoang Hai, executive director of the Italian Chamber of Commerce in Vietnam (ICHAM), told Vietnam News that Italian firms are frustrated by the weakness of supporting industries in Vietnam. Since most Italian firms doing business in Vietnam are small and medium-sized enterprises (SMEs), they are in need of component factories or auxiliary suppliers in Vietnam and struggle to find the high-quality products they want to use.

However, Vietnam also offers many factors that reassure Italian investors of its strong potential, such as the stability of its policy system, an encouraging corporate tax system and workers whose skills are flexible and transferable to a variety of tasks.

At the conference, two Memorandum of Understanding (MOUs) have been signed. One MOU is between the Confidustria Marmomacchine – an association of Italian stone and marble manufacturing companies—and the Vietnam Association for Building Materials and the Luc Yen White Marble Association. The other is between the ICHAM and Vietnam’s General Department of Customs.

This is the first time that ICHAM has signed an agreement with Vietnam’s General Department of Customs aimed at limiting trade fraud and smuggling, as well as guaranteeing that all products coming from Italy to Vietnam are 100 percent made in Italy or 100 percent produced by Italian companies, said Michele D’Ercole, chairman of ICHAM.

The event was organised by the Italian Trade Commission (ICE), the Italian Banks’ Association (ABI) and the Italian Confederation of Industry Associations (Confindustria), with support from the Vietnamese Chamber of Commerce and Industry (VCCI) and the Embassy of Italy in Vietnam.

Vinamilk enters domestic sugar industry
   
Viet Nam’s dairy giant, Vinamilk, marked its presence in the local sugar industry by debuting the Viet Nam Sugar Joint Stock Company (Vietsugar) on Tuesday in central Khanh Hoa Province’s Cam Lam District.

In a move to ensure sufficient raw material for business expansion, Vinamilk this year has spent nearly VND1 trillion (US$44 million) on acquiring a 65 per cent stake of the Khanh Hoa Sugar Co and changing its name into Vietsugar.

Representatives of Vinamilk said that Vietsugar, which was launched from a strategic handshake between two long-standing companies in Viet Nam’s food industry, will open a new direction for the local sugar industry by gradually helping sugarcane farmers in Khanh Hoa province and neighbouring localities improve their competitiveness and actively integrate into regional and global markets.

Established in 1989, Khanh Hoa Sugar Co has a current production capacity of 1,500 tonnes of sugar each day and strives to raise its daily capacity to 2,000 tonnes of sugar in the future.

India boosts agricultural cooperation with Mekong Delta
   
Agriculture is a key field of co-operation between India and Viet Nam, especially the Mekong Delta region – the largest granary in the country, said an official.

Speaking at a workshop held in the Mekong Delta province of Tien Giang on Tuesday, Indian Ambassador to Viet Nam, Parvathaneni Harish, said farm produce and processed food continue to account for a large proportion in bilateral trade.

Indian companies have poured a remarkable amount of investment in Viet Nam in recent years, focusing on key commodities such as sugar, tea, coffee and pepper, as well as seeds and agricultural equipment, he said.

The ambassador suggested the two nations should focus co-operation on building hi-tech agriculture, promoting trade in fruits, vegetables and aquatic products, developing harvest and post-harvest technologies, training high-quality human resources for agriculture and studying varieties and advanced cultivation techniques.

Vo Hung Dung, director of the Viet Nam Chamber of Commerce and Industry (VCCI)’s Branch in Can Tho City, said the Mekong Delta is the country’s largest agricultural production region, which also has a favourable business environment.

The Mekong Delta also has the conditions necessary to further promote international integration and co-operation, he said, adding that India is one of the most important partners of the region.

Chairman of the provincial Tien Giang People’s Committee, Le Van Huong, said the outcome of the workshop will help the region foster the development of sustainable agriculture, shifting from quantity to quality and from chemical agriculture to organic and hi-tech agriculture.

Local FMCG draws Malaysian interest

Malaysian investors are keen on Vietnam’s fast-moving consumer goods segment, which enjoys significant growth in both online and offline retail.

A delegation of eight Malaysian companies paid a working visit to Vietnam last week to explore the possibilities of selling their fast-moving consumer goods (FMCG) on the domestic market. Their products include processed foods, beverages, ingredients, and spices, as well as food packaging.

Dato’ Theng Bee Han, president of the Malaysian Business Chamber in Vietnam, said that Vietnam’s market is ready for the FMCG sector.

The expansion in modern retail seen in hypermarkets, shopping malls, and convenience stores has pushed the development of the sector. E-commerce is also getting more popular, driving the FMCG segment further.

On top of that, consumers are increasingly willing to buy foreign products due to their changing lifestyles and rising incomes over the past 10 years.

PitaBerry, Malaysia’s leading beverage producer, is looking to export its canned drinks to the Vietnamese market. Raymond Chong, the firm’s founder, told VIR he is in talks with Vietnamese supermarkets about offering his company’s Big Power and All WiiNS drinks in their stores.

“We are looking for opportunities in ASEAN, which is becoming a single market after the establishment of the ASEAN Economic Community (AEC). Within AEC, Vietnam is emerging with huge opportunities for energy drinks thanks to the country’s large young population. So we will not only export our products, but are also planning to open a factory in the future, if our drinks are accepted by local consumers,” he said.

Meanwhile, Anggun Fusion, a brand for premium ingredients, is searching for strategic partnerships and planning for long-term business in Vietnam. Mimie Azura Mohamad, the firm’s founder, said, “We want to sell ready-to-eat sauces in Vietnam. We plan to hold food testing events and find suitable partners for the products.”

According to Kantar Worldpanel’s report “The future of e-commerce in FMCG”, online FMCG sales reached a 0.5 per cent share in Vietnam in 2017, recording a rise of 69 per cent in comparison to last year.

According to David Anjoubault, general manager of Kantar Worldpanel Vietnam, although the size of Vietnam’s e-commerce market is still small compared to other segments, it holds large potential.

The value growth of e-commerce within FMCG is up 69 per cent, which makes Vietnam one of the countries with the highest e-commerce growth rates in the world.

“It’s now a critical time for investors to enter this promising market, while current retail giants should gradually move their offerings online and take advantage of their brand equity with omni-channel strategies, to be successful and to defend their current position,” Anjoubault said.

“On the whole, consumer trust and high logistics costs for delivery are major challenges that need to be addressed by businesses in order to move Vietnam’s e-commerce forward.”
HCM City welcomes RoK’s Huneed Technologies group

Ho Chi Minh City will create optimal conditions to welcome Huneed Technologies group of the Republic of Korea (RoK) to its Saigon Hi-Tech Park.

Chairman of the municipal People’s Committee Nguyen Thanh Phong made the pledge at a reception for Eugene Kim, chairman of the group, in the city on November 27.

He said the city will offer the group its abundant labour resources, developed traffic infrastructure facilities and investment incentives.

The city will help multinational companies join global supply chains, Phong said, adding that it will facilitate the group’s information exchange and investment exploration in the park.

For his part, Eugene Kim expressed his respect for the development of the city, suggesting local authorities support his group to invest in the city’s Saigon Hi-Tech Park.

Huneed Technologies is the leading provider of defence equipment of the RoK. It is a strategic supplier of the Boeing Group for electronic items on civil aircraft.
VNN
Central Highlands forest faces continued illegal logging

Illegal logging is still rampant in the Central Highlands despite Prime Minister Nguyen Xuan Phuc’s order to close the forests in the Central Highlands more than a year ago.
 
Timber found at a forest managed by Chu Pha Forestry Company

According to the locals in Ea H'leo Commune in Dak Lak Province, the deforestation in the forest lands managed by Chu Pha Forestry Company is rampant and the loggers openly work during the day.

Reporters of the Labourer Newspapers disguised as orchid collectors and tried to go to destroyed forest area 5km away from a forest protection post. However, they were blocked by three men. Head of Ea H'leo Forest Ranger Unit Truong Van Hong refused to send out rangers to lead them to the scene.

They went around and saw a huge timber cutting site with various equipment. Ea H'leo forest rangers and the security guards of Chu Pha Company said they discovered the site last week but had been unable to clean up and transfer the timber out so they sent guards to protect the site.

Chu Pha Company director An Ngoc Tan said they were informed about the site on November 22 and inspected it immediately. "The deforestation occurred right after Storm Haikui. Due to heavy rains and slippery paths, we couldn't patrol and detect the site. There's no way the security guards ignored the deforestation," he said.

According to Ea H'leo Forest Ranger Unit, the site was discovered and reported to them on November 21. The rangers arrived at the scene and found various vehicles and equipment with newly cut-down trees and over 45 cubic metres of timber. On the next day, they asked the police, representatives of district people's procuracy, and Ea H'leo People's Committee to survey the scene and filed the report.

The site is difficult to access. The rangers only found three hired drivers who were bailed out by their families.

During a National Assembly meeting session, NA Deputy Nguyen Sy Cuong from Ninh Thuan Province said that despite the prime minister's order, the forest was not closed and local authorities even helped to destroy forests.

"Owner of a forestry company told me that illegal logging wouldn't be that bad if the loggers didn't get help from forest ranger units and local authorities," he said. "If the authorities only arrive at the scene and give opinions after the forest is destroyed, without suffering from any punishment, then when will the prime minister's order to close the forest will finally be realised?"
nguoilaodong
Social News 29/11

Audio books library for the blind inaugurated in HCM City
The audio books library for the blind was inaugurated in Ho Chi Minh City after three years of reconstruction.
The library covers on an area of 632 square meters at 18B Dinh Tien Hoang Street in District 1.
The new building includes a studio for recording at a high quality, an audio book production studio, a computer training room, chess learning area and other facilities.
The audio books library has produced more than 1,800 talking books with over 402,000 copies that have been served for free 103 branches of the Blind People Association and schools for the blind nationwide. Its website has reached about 16.7 million viistors.
Fire at wood processing company causes financial damage 

 Audio books library for the blind inaugurated in HCM City, Fire at wood processing company causes financial damage, Passengers banned from flights for fake documents, Police bust football betting ring 

A fire occurred in Nam Hải Wood Processing Company in Dĩ An Town, the southern province of Bình Dương, on Tuesday, causing serious financial damage.
Since the facility contained several flammable substances and objects, the fire quickly spread to the neighbouring areas. It took the firefighters one hour to extinguish the fire.
Fortunately, all the workers escaped safely from the burning site.
On the same day, another fire burnt all the commodities in KCC Hà Nội Company’s 300sq.m paint factory in Yên Phong Industrial Zone, the northern province of Bắc Ninh.
According to Yên Phong District Police, the functional forces successfully evacuated all the workers. The fire was brought under control after 45 minutes. However, the loss of property has not yet been estimated.
Korean-invested KCC Hà Nội Company has two factories in Đồng Nai Province and Bắc Ninh Province.
Passengers banned from flights for fake documents
The Civil Aviation Administration of Vietnam (CAAV) has given a 12-month ban to three passengers who used boarding passes under different names and falsified identification cards.
Passengers, including Nguyen Y Thanh, Do Manh Hung and Nguyen Thi Be have been banned from November 27, 2017 to November 18, 2018. They will then have to undergo compulsory checks in 6 months to board a flight.
The CAAV has also asked all Vietnam airline firms and foreign aviation firms that are operating in Vietnam are not allowed to provide domestic or international flight services these passengers during the above-mentioned period.
Free examination provided to kids suffering child abuse
Under the guideline of People’s Committee in Ho Chi Minh City’s district 12, 18 kids who suffered child abuse in Mam Xanh daycare center in the district have been gratis examined in local infirmary. 
District hospital Director Nhan To Tai yesterday said doctors examined the children, victims of child abuse in Mam Xanh daycare center in the district, for effect of child maltreatment as per the guideline.
Doctors not only checked kids by carrying out test but also provide consultation to their parents.
Isolated rooms were arranged for examination of abused children. Dr. Tai said a few kids had bruise but no one showed psychological and mental effects.
The hospital and local administrations encouraged parents to take their kids for medical check-ups to discover possible psychological effects.
As per the article on Sai Gon Giai Phong newspaper on November 26, Pham Thi My Linh, born in 1974 from the Central Highlands province of Lam Dong and her assistants were filmed physically abusing kids in their daycare center.
The clip showed the owner and two assistants kicked on children’s back and hit toddlers with plastic casks. Police investigators soon apprehended the three women and began to prosecute them.
Police bust football betting ring
Police in central Hà Tĩnh Province busted a football betting ring worth VNĐ310 billion (US$13.6 million) and arrested three people for allegedly organising the ring.
The three people arrested from the gambling network included Dương Minh Tuấn, 26, Bùi Bá Việt, 32, and Phan Sỹ Hoàng, 26.
As many as 27 other people have also been summoned for their alleged involvement in the ring.
An initial investigation showed that the three accused set up the betting activities since September 18.
The case is under investigation.
UN provides extra $4m for flood relief
The United Nations has approved an additional allocation of US$4.21 million from the Central Emergency Response Fund to assist 150,000 people, including 46,973 children, in six provinces affected by the devastating Typhoon Damrey.
Earlier, an emergency cash grant of US$100,000 was made from the Office for the Co-ordination of Humanitarian Affairs to support immediate relief operations.
The additional funding will allow UN agencies to scale up water, sanitation and hygiene, food security and emergency shelter recovery after more than 300,000 houses were damaged or destroyed.
“The UN funds will cover immediate life-saving needs and support time-critical interventions over the next six months,” said Kamal Malhotra, UN resident co-ordinator in Việt Nam.
The funding will allow four UN agencies - FAO, IOM, UNDP and UNICEF - to meet the most urgent needs of affected communities. The agencies will use the funding to provide people whose homes have been damaged with shelter materials and cash grants to make repairs, provide water filtration systems and hygiene kits to prevent the spread of diseases; and unconditional cash transfers and vouchers to compensate for the loss of livelihoods and to procure agricultural supplies.
Typhoon Damrey made landfall on November 4, causing widespread flooding and destruction across the central and south-central regions of Việt Nam. An estimated 4.33 million people have been affected, including 400,000 people who require humanitarian assistance. 
Vietnam, China launch joint anti-smuggling campaign
Vietnam and China on November 27 began a joint campaign against the smuggling of drugs, firearms, counterfeit money, endangered animals and plants as well as unquarantined products.
The five-month campaign is run by customs authorities of Vietnam’s Quang Ninh, Lang Son, and Cao Bang provinces which share borderline with China, and the Guangxi Zhuang Autonomous Region of China.
According to China’s General Administration of Customs, customs of both sides will discuss single-window clearance, recognise prioritised enterprises, enhance information sharing on smuggling activities and join hands to improve efficiency of the fight against cross-border smuggling.
HCMC to build more dorms for workers
Ho Chi Minh City plans to build eight worker dormitory projects on the area of 18 hectare supplying 4,962 dwellings.
Two projects invested by Thien Phat Commercial Tourism Construction Company will be implemented this year including dorm in Linh Trung No.2 Industrial Park in Thu Duc District providing 1,500 accommodation and in Hiep Binh Phuoc Ward of Nhon Hoa Balance Company with 720 dwellings.
Other six projects in districts of 2, 9, Binh Tan, Binh Chanh and Cu Chi will be launched in 2018 and scheduled to complete in 2020.
The above-mentioned projects has been approved by Deputy Chairman of People’s Committee Tran Vinh Tuyen.
In order to encourage firms to take part in social housing projects for workers in the city, HCMC authorities announced to adjust regulations for managing worker dormitories and rental houses for laborers in accordance with the current one; additionally, it will amend policies on loans and provide preferential loans to attract investors.
Furthermore, the municipal authorities also asked the Department of Construction to beef up construction speed of social housing projects for workers as well as put forward solutions for hiccups along the way.
The Labor Union is required to forecast workers’ demand of accommodation and entertainment in three industrial parks to develop policies and organize sport and leisure activities for them.
The Department of Construction said that the current accommodation with 39,400 dwellings just meet 15 percent of demand.
Before, HCMC had adopted policies of preferential loans for investors of worker dormitory projects; yet, limited state budget plus complex paperwork have disheartened investors.
No land for building worker dormitories in the industrial parks make the problem to be more difficult. From now to 2020, the city needs to build additional 240,000 dwellings to satisfy the increasing demand. In 2018, the city plans to build more 2,220 dwellings for workers with 32,000 square meter.
National Action Month for HIV/AIDS Prevention and Control 2017 launched in HCMC
On November 27, the Ho Chi Minh City HIV/AIDS Prevention and Control Center hosted a meeting at Le Thi Rieng Park in response to the National Action Month for HIV/AIDS Prevention and Control 2017 and the World AIDS Day (December 1).
According to the center, Ho Chi Minh City has reached 73 percent of 90 of HIV-infected people knowing their HIV status; 75 percent of 90 of people diagnosed with HIV being treated with antiretroviral (ARV) medicines; and 96 percent HIV-infected people treated with ARV medicines limiting the virus to low levels.
Speaking at the evnt, Deputy Chairwoman of the People’s Committee of HCM City Nguyen Thi Thu officially launched the National Action Month for HIV/AIDS Prevention and Control 2017 in the city.
She has called Society to join hands in participating in HIV/AIDS prevention activities and international organizations to support the city in implementing the action plan on HIV/AIDS prevention and control in 2017 and responding the 90-90-90 targets of the UN by 2020, including 90 percent of HIV-infected people knowing their HIV status, 90 percent of people diagnosed with HIV being treated with antiretroviral (ARV) medicines and 90 percent of HIV-infected people treated with ARV medicines limiting the virus to low levels.
Fire burnt down 300 year-old communal house in Thai Binh
A huge fire happened in the ancient communal house of Luu Xa, Dong Phuong commune, Dong Hung district, Thai Binh province yesterday morning. 
Chairman of the People’s Committee of Dong Phuong Commune Pham Xuan Canh said that a massive blaze suddenly burnt and gutted the national historical site at 10 AM.  
After receiving the information, local people and authorities made their effort to control the blaze. 
Fire Police of Dong Hung district quickly sent two fire trucks to the scene in order to extinguish the blaze.
 The blaze was extinguished by 2 AM. 
Although nobody was hurt and killed in the fire, the massive flame gutted the 300 year- old communal house. 
 Accordingly, Luu Xa communal house had total area of 170 square meters which was recognized as the National Historic Site in 1990. 
Currently, the functional agencies are investigating the reasons of the fire.
ICFO supports Vietnamese fishermen
Chairman of the International Cooperative Fisheries Organisation (ICFO) Kim Im-Kweon has agreed to provide 10,000 USD to support fisheries cooperatives and fishermen in Vietnam’s central coastal provinces of Khanh Hoa, Phu Yen and Ninh Thuan, which were severely affected by the recent typhoon Damrey.
Chairman of the Vietnam Cooperative Alliance (VCA) Nguyen Ngoc Bao will present the cash to fisheries cooperatives in Phu Yen on November 29 and Khanh Hoa and Ninh Thuan on November 30.
Earlier he had a working session with Kim Im-Kweon – who is also Chairman of the National Federation of Fisheries Cooperatives of the Republic of Korea (NFFC) to exchange the development situation of Vietnamese fisheries cooperatives and share difficulties they are facing.
He proposed the ICFO provide both material and spiritual assistance for fisheries cooperatives in the central part of Vietnam, which suffered heavy losses caused by the storm.
The ICFO, one of the sectoral organisations of the International Cooperative Alliance (ICA), was founded in 1976. It assists fisheries development by providing information on fisheries to fisheries cooperatives around the world, and promotes exchange of expertise and experience among them through training, symposiums, seminars, and other means. 
Typhoon Damrey, the 12th major storm in the East Sea, hit Vietnam’s south central coast on November 4. Following downpours and floods had claimed 89 lives and left 18 missing and 174 others injured in central and Central Highlands localities as of November 7, according to the National Committee for Search and Rescue.
Imex Trà Vinh’s former director to be investigated
The Police Department for Economic Crimes and Corruption (C46) under the Ministry of Public Security and Trà Vinh Province Police, on Tuesday, began an oficial investigation into former leaders of a State-owned food company in the southern province.
Trần Văn Tâm, 42, former director of Trà Vinh Food Company (Imex Trà Vinh) and three other former officials were also arrested.
Following an initial inspection, functional forces found that since 2011, because of a loss of profit, Tâm asked his staff to make fake business contracts and misdeclare the company’s inventory to hide a fiscal deficit of VNĐ659 billion (US$29 million).
Simultanously, his staff proposed fake reports to both Southern Việt Nam Food Corporation (Vinafood 2) to ask for more funding and to banks for loan disbursement.
As the unprofitable company was unable to pay loans, the capital deficit kept increasing, causing serious damage to the State budget.
Other suspects include Nguyễn Tấn Vinh, former manager of finance and accounting, Phan Văn Hiệp, former director of Imex Trà Vinh’s Cầu Kè Food Processing Faculty, and Võ Văn Sen, former director of Đại Phúc Company.
C46 are collecting dossiers for a deeper investigation and case expansion.
Early last month, Vinafood 2 collaborated with the AASC audit firm to inspect its companies and factories. They then found that the actual amount of stocking rice in Imex Trà Vinh’s warehouse was only 4,000 tonnes, in comparison to the 87,000 tonnes presented in its reports.
Vietnam, India step up judicial cooperation
Chief Judge of the Supreme People’s Court Nguyen Hoa Binh has suggested the Supreme Court of India (SCI) dispatch a group of experts in reconciliation and e-court to help Vietnam in these fields. 
Chief Judge of the Supreme People’s Court of Vietnam Nguyen Hoa Binh (R) ​and Chief Justice of the Supreme Court of India
Binh made the suggestion during his talks with SCI Chief Justice Dipak Misra in New Delhi on November 28 as part of his working visit to India from November 27-29. 
After being briefed on India’s court system and its recent reforms, the Vietnamese Chief Judge applauded reconciliation work at Indian courts.  
He took the occasion to invite Misra to pay a visit to Vietnam in 2018. The Indian Chief Justice accepted the invitation with pleasure and pledged to send judges and experts to assist Vietnam in areas of the country’s interests. 
The same day, Binh had a working session with Chief Justice of the Delhi High Court Gita Mittal, who introduced a reconciliation model recently piloted in the Indian court system to her guest. 
Binh asked the Indian side to help Vietnamese courts in the settlement of disputes, by sharing information, organising training courses and dispatching judicial experts and officials to Vietnam and vice versa.
HCMC alerted against highly-toxic fumes from incinerators
Exhaust emissions from incinerators in HCMC will be a big threat to the environment and the health of residents living near waste-to-energy plants, so the city government should be carefully screen such projects, said experts at a seminar in the city on Sunday.
At the seminar to call for investment in waste-to-energy projects, Nguyen Toan Thang, director of the HCMC Department of Natural Resources and Environment, said the city discharges about 8,700 tons of solid waste a day including 60-80% being food waste. With such a big amount, the city will need dozens of waste-to-energy projects in the coming years.
The city’s garbage is currently collected and transported to two waste treatment complexes, Da Phuoc in Binh Chanh District and Tay Bac in Cu Chi District, for treatment. The two complexes, which daily receive 5,500 tons and 3,100 tons of garbage respectively, are in fact dumpsites where waste is mainly buried.
Apart from around ten waste-to-energy projects in the pipeline, HCMC needs to build two or three more waste-to-power plants, a plant to process hazardous waste, and another for medical waste treatment as the volume of waste may annually increase 5% to nearly 13,000 tons by 2025. These projects together with existing ones will generate 200 MW of electricity by 2025.
At the seminar, Dang Huy Dong, Deputy Minister of Planning and Investment, proposed the HCMC government set out strict requirements for waste-to-energy projects, as such plants may pose huge problems for the environment and public health.
The city should closely control such projects as it is more complicated to deal with fumes from waste-to-energy plants than those from coal-fired power plants, although public concerns so far largely center on the coal-fired power plants.
The seminar was attended by 40 investors who are interested in developing waste-to-energy projects in HCMC. Some of them and scientists presented technologies claimed to be advanced for garbage treatment.
Deputy Minister Dong, however, cast doubt on such technologies, asking environment agencies in the city to carefully appraise technology and exhaust volume of projects before approving them.
Phan Tri Dung, chairman of Petech Science Technology Corporation, told the Daily on the sidelines of the seminar that garbage must be burned at more than 1,200 degrees Celsius to reduce toxic gases. The required temperature for plasma incinerators is 2,000 to 4,000 degrees Celsius, which is a more suitable technology for such projects.
A survey on 100 incinerators showed that toxic gases from these incinerators are 100 times higher than permitted. Therefore, HCMC should apply suitable technology to reduce toxic gas emissions from waste-to-energy plants, Dung noted.
Northern Son La province builds 550-bed hospital
The Health Department of the northern mountainous province Son La has held a groundbreaking ceremony for the construction of a 550-bed general hospital.
The 9.06ha hospital is located in the Chieng Sinh ward of Son La city.
The total cost of the project is upwards of 1.5 trillion VND (66 million USD), primarily sourced from government bonds.
The Son La General Hospital features two seven-floor buildings serving as technical facilities and inpatient areas and one four-floor building for medical examinations and outpatient treatment, in addition to several auxiliary buildings.
The hospital campus boasts large areas of green space and other decorations.
The project is expected to be completed and put into use in 2020.
Speaking at the groundbreaking ceremony, Chairman of the provincial People’s Committee Cam Ngooc Minh stressed that the hospital would significantly improve treatment in the region.
“The hospital will be an important link in the expanding network of the province’s health care facilities in the region, to timely and efficiently serve people’s healthcare demands,” he said.
HCM City to install CCTV in kindergartens to prevent child abuse
Ho Chi Minh City authorities are set to apply specific measures, including the installation of surveillance cameras, to end the physical abuse of children at local kindergartens and childcare facilities.
The municipal People’s Committee convened a meeting with relevant agencies on November 27 to seek solutions to child abuse, following a recent article by Tuoi Tre (Youth) newspaper.
The story shined the spotlight on the Mam Xanh childcare facility in Distinct 12, where its manager and employees had been discovered beating children aged two to five on a daily basis.
Speaking at the gathering, Bui Thi Diem Thu, deputy director of the city’s Department of Education and Training, said that daycare centers have mushroomed across the southern hub due to increasing demand in recent years.
However, the oversight of these venues is still limited, Thu assessed.
“The local education sector is responsible for letting such a serious case develop,” the official remarked.
In a bid to prevent similar cases, Thu suggested the installation of CCTV cameras at local kindergartens and childcare facilities.
The proposal was backed by the municipal Department of Police as surveillance cameras provide close monitoring of the situation at these places.
However, the locations of such devices should be taken into careful consideration in order not to violate human rights, another police official stated.
Following the discussion, the municipal education department was tasked with formulating a detailed plan for the installation of CCTV cameras at kindergartens across the city.
The cameras will be added to all rooms except for bathrooms and other sensitive areas.
In addition to existing safety requirements, new childcare centers will need to have surveillance cameras installed in order to be granted a legitimate license.
In another relevant development, the Ho Chi Minh City Party Committee on Monday ordered a comprehensive inspection of non-public childcare facilities across the metropolis.
Any action that violates the law and well-being of children must be severely punished, Deputy Secretary of the city’s Party Committee Tat Thanh Cang said in a statement.
Vietnam supports solidarity with Palestinian people
President Tran Dai Quang has cabled congratulatory messages to Secretary-General of the United Nations Antonio Guterres and Chairman of the UN Committee on the Exercise of the Inalienable Rights of the Palestinian People Fode Seck on the occasion of the International Day of Solidarity with the Palestinian People (November 29).
He also congratulated President of the State of Palestine Mahmoud Abbas on the day. 
President Quang affirmed the support and solidarity of the Vietnamese State and people to Palestinian people in the just struggle for their fundamental national rights.
Deputy PM hosts Foreign Press Agency delegation
Deputy Prime Minister Vu Duc Dam hosted a reception in Hanoi on November 28 for a delegation from the Foreign Press Agency (FPA) in Switzerland and Liechtenstein led by President Jean Musy. 
Dam informed them about socio-economic development in Vietnam, affirming that the country will spare no effort to improve the business climate, build synchronous infrastructure, and pay attention to environment protection and education reform. 
He said the success of the Asia-Pacific Economic Cooperation (APEC) Year 2017 and the APEC Economic Leaders’ Week recently held in Vietnam proves the inevitable trend of economic connectivity, integration and trade freedom among economies. 
The host also expressed wish to build a country of peace, stability and sustainable well-being. 
Musy, for his part, said the FPA was founded in 1928 and based in Geneva, Switzerland with 120 member organisations. It gathers professional journalists of different nationalities covering the latest news about Switzerland, the United Nations and international organisations in Geneva
He informed the host that the FPA and the Vietnam Journalists’ Association (VJA) signed a cooperation agreement for 2017-2018, under which both sides pledged to encourage its member units to increase the exchange of delegations and offer mutual support in information sharing. 
The same day, FPA and the Vietnam News Agency (VNA) held a workshop to increase Vietnam-Switzerland press exchange. 
VNA Deputy General Director Le Quoc Minh briefed guests about VNA’s role and mission, saying that VNA is the only news agency in Vietnam to have a 2,500-member staff, including nearly 1,200 journalists. It has set up representative offices in all 63 cities and provinces nationwide and 30 others overseas. VNA has issued nearly 60 publications in all forms and joined major press networks in the region and the world and partnered with around 40 international press agencies and outlets. 
He expressed wish to increase partnership with foreign press agencies, including the FPA, to improve the delivery of external news.
Musy said in order to make Asian and Vietnamese news attractive to European readers, they should be more general and written in reader-friendly style. He suggested holding more cultural events to make both sides closer. 
In the afternoon the same day, the VJA held talks and signed a cooperation agreement for 2017-2018 with the FPA. 
VJA Chairman Thuan Huu updated the guests about press activities in Vietnam, adding that VJA expanded partnerships with foreign press agencies from China, the Republic of Korea and ASEAN member states. 
The FPA President wished to welcome more VJA delegations to Switzerland in the near future. 
The FPA delegation is in Vietnam from November 27 – December 3.
Binh Dinh fishing vessel sinks in Vung Tau waters
Rescue forces recovered the bodies of two crewmembers 6 nautical miles from sunken fishing vessel 30366 TS of central Binh Dinh province on the morning of November 28.
The Maritime Rescue Coordination Centre (MRCC) Region III received a report from a local man that the fishing vessel with six fishermen on board had capsized for unknown reasons around 42 nautical miles southeast of Vung Tau.
The MRCC Region III immediately implemented rescue measures and transmitted emergency messages, asking all vessels in surrounding areas to search for and rescue fishermen in distress. It also dispatched rescue vessel SAR 272 to the scene.
 They found the bodies of two fishermen on the morning of November 28, the search for the remaining four missing crewmembers continues.
Vietnam, Singapore strengthen cooperation in intellectual property
Vietnam wants to learn from Singapore’s experience in developing the intellectual property (IP) system in order to make IP an effective tool supporting technology development and boosting socio-economic development.
Vietnamese Minister of Science and Technology Chu Ngoc Anh made the statement at his meeting with Indranee Thurai Rajah, Senior Minister of State for Law and Finance of Singapore’s Ministry of Law, on November 28 within the framework of the official visit to Singapore of National Assembly Chairwoman Nguyen Thi Kim Ngan.
The Ministry of Science and Technology is building a National Strategy on Intellectual Property to be submitted to the Prime Minister for approval in 2018, Anh said.
Rajah agreed on the Vietnamese minister’s proposals, affirming that Vietnam always receives Singapore’s priority and attention due to its diversity in business and investment activities.
At the meeting, both sides witnessed the signing of a cooperation plan for 2018 between the National Office of Intellectual Property of Vietnam and the Intellectual Property Office of Singapore (IPOS).
Earlier, Minister Anh had a working session with representatives from Singapore’s Agency for Science, Technology and Research (A*STAR), during which he asked the A*STAR to consider the signing of a legal document to serve as a foundation to carry out international research cooperation programmes.
National Library celebrates 100th anniversary
The National Library of Vietnam held a ceremony in Hanoi on November 28 to mark its 100th anniversary.
Minister of Culture, Sports and Tourism Nguyen Ngoc Thien said 100 years is a glorious and proud moment for the National Library of Vietnam in raising people’s knowledge, cultivating human resources, and developing reading culture in Vietnam.
Established in November 1917, the library has become the largest of its kind in Vietnam with more than 2.5 million documents.
A number of precious collections from the 17th century are being preserved at the library. In recent years, the library has developed new documents, creating a collection of digital documents with more than 5,000,000 pages of materials.
The library serves more than 2,000 readers each day on average and more than 6,500 online readers.
Vietnamese, Lao young officers hold exchange
A seminar was held in Hanoi on November 28 for Vietnamese and Lao young officers who shared information on military youth operations, especially activities celebrating 40 years since the signing of the Vietnam-Laos Treaty of Friendship and Cooperation and the 55th anniversary of diplomatic relations.
The two sides noted that over the years, military youth of both sides have and promoted the tradition of the two nations and armies.
At the same time, they have worked together for the growth of friendship between the two Parties, States, armies and peoples of Vietnam and Laos.
They agreed on the need to continue strengthening communications and education on the ties.
Lao Cai seeks measures to optimise poverty reduction aid
The People’s Committee of Lao Cai province held a meeting on November 28 with representatives from several foreign embassies and non-government organisations in Vietnam to review their collaboration and exchange ideas for managing poverty reduction projects in the locality.
From 2013 to October 2017, the northern mountainous province received aid worth nearly 248 billion VND from 24 non-governmental and 123 international organisations, which reduced poverty and boosted development in the locality.
Health care drew the most assistance with 14 projects and more than 50 billion VND, or 32.9 percent of the total support. The projects focused on providing equipment, improving health care staff capacity and service quality, and HIV/AIDS prevention and control.
Addressing the meeting, Dang Xuan Thanh, Vice Chairman of the provincial People’s Committee hailed the role of the aid in the province’s poverty reduction efforts.
He noted that poverty ratio of Lao Cai dropped from nearly 43 percent in 2010 to only 12.11 percent in 2015. The percentage of poor households per the multi-dimensional poverty line also fell from 34.3 percent in 2015 to 27.41 percent in 2016 and was estimated at 22.9 percent in 2017.
Meanwhile, Tran Dai Hai, Director of the Lao Cai Department of Foreign Relations acknowledged some obstacles in receiving aid in materials as well as administrative procedures. He pledged that in the future, Lao Cai will design policies to support the operations of its partners.
On the occasion, the provincial People’s Committee presented certificates of merit to collectives and individuals from the embassies and organisations in recognition of their support to the locality.
Book on Chăm fairytales published
The first book of Chăm fairytales collected and translated into Vietnamese by teacher Kinh Duy Trịnh of Bình Thuận Province has been released.   
Truyện cổ Chăm (Fairytales of the Chăm People) contains 25 stories with illustrations by Tôn Nữ Thị Bích Trâm of Kim Đồng Publishing House.
They feature stories of gods, forests, animals, friendship, love and offer a window into Chăm history, culture and lifestyles.
Kim Đồng has signed a copyright deal with the author.  
Trịnh, 61, who lives in Palay Chavet Village in Tuy Phong District, used to work as a Chăm language teacher at pedagogic colleges and universities in the region before moving to the provincial Department of Education and Training.  
He and his colleagues have written and edited 20 books in the Chăm ethnic languague that are used in primary schools in Bình Thuận and other provinces.  
He has spent years collecting and translating Chăm fairytales into Vietnamese.
Trịnh said: “My collection Truyện cổ Chăm features the best fairytales of the Chăm people. Through the book, I wanted to preserve and take Chăm culture and literature to young people of different nationalities in Việt Nam.”
For the compilation and translation, he said he used Chăm-Vietnamese-French, Chăm-French and Chăm-Vietnamese dictionaries.  
“I hope my books will help young readers, particularly children, improve their mind and character.”
He said the next book of the series has been completed and will be printed early next year.
Bà Nà Hills to host Christmas celebration
The Christmas Lighting Ceremony will be held at French Village in the Bà Nà Hills Mountain resort in the central city on December 9th, starting a month of performances and events to celebrate the New Year.
At the ceremony, visitors can enjoy the three-metre Christmas Tree in front of the Hôtel de Paris with fun games, a buffet and drinks.
Hotel staff will perform carols in the Saint Dennis church.
The unique Christmas tree, made from more than 300 bottles of wine, will surely bring warm feelings to cold winter nights at the resort, located 20km west of Đà Nẵng city.
Visitors can also enjoy the cozy atmosphere of Christmas in two unique Bà Nà Hills French Village restaurants, L’Étable and La Crique. The restaurants are decorated for the season and offer a festive space for family and friends to gather, with live music from December 23-25.
The mountain resort also hosts a countdown-to-the-New Year at La Piscine Pool, a cozy indoor pool on top of Bà Nà Hills, on December 31st.
Christmas for kids with cancer
Also on the occasion, students from Đà Nẵng’s Đông Á College have launched a campaign to make 1,000 paper Sunflowers and paintings to raise money and gifts for kids with cancer at the city’s oncology and pediatrics hospitals.
The college also called for donations of gifts, books and toys among students at universities in Đà Nẵng during a week-long charity campaign.
All gifts and donations will be given to kids at hospitals next month in celebration of the Christmas season.
Bình Dương top Group A at U-21 event
Becamex Bình Dương beat Promotion Fund for Vietnamese Football Talent FC (PVF) 3-2 in the opening match of the National U-21 Football Championship’s Group A yesterday in Bình Dương Province.
Nguyễn Tiến Linh made a double and Nguyễn Trọng Huy scored for Bình Dương while Nguyễn Thành Lộc and Hà Đức Chinh netted for PVF.
The win pushes Bình Dương to the top of the group with three points.
In an earlier match of the group, Sông Lam Nghệ An tied with An Giang 1-1.
Sông Lam Nghệ An’s Đồng Văn Đoàn opened the score in the last minute of the half with a penalty.
Thanh Sang levelled for An Giang just four minutes after the interval with a low straight finish.
In the next fixture, Sông Lam Nghệ An will see PVF while An Giang meet Bình Dương.
Today will see activities of Group B. Hoàng Anh Gia Lai will play Đồng Tháp and Viettel will face Huế.
Thái Sơn Bắc, Cao Bằng in Futsal final
Thái Sơn Bắc secured the first slot in the finals of the National Futsal Cup after defeating Tân Hiệp Hưng 3-2 in a penalty shoot-out yesterday in Đà Nẵng.
The second leg match ended 5-2 for Tân Hiệp Hưng. The aggregate result after two legs was 6-6, forcing two teams to the penalties.
After two successful finishes for each side, Tân Hiệp Hưng’s Thái Huy shot found goalkeeper Văn Huy’s face and the ball went out. Later, Minh Quang did not waste his chance to score the third goal for Thái Sơn Bắc and his team advanced into the final.
The two other teams in the final are Cao Bằng and Sanest Tourist Khánh Hòa after their wins over Hoàng Thư Đà Nẵng and Kim Toàn Đà Nẵng, respectively.
The finals will begin on Thursday at the Tiên Sơn Sports Palace.
Region’s poor lack reproductive health access
Poor and marginalised communities in Việt Nam and other countries in the Asia-Pacific region lack access to good quality health services, especially in sexual and reproductive health.
While rapid growth in the region has lifted millions from poverty, the benefits and costs of development are not equitably shared among countries and population groups, according to experts at the 9th Asia Pacific Conference on Reproductive and Sexual Health and Rights. The event was hosted by the Việt Nam Public Health Association yesterday in Hạ Long City in northeastern Quảng Ninh Province.
The three-day event, which will conclude on November 30, attracted around 1,000 delegates from over 40 countries. It will seek to advance the implementation of the Programme of Action of the 1994 International Conference on Population and Development and contribute to achieving the 2030 Agenda for Sustainable Development, underpinned by the Sustainable Development Goals.
Five main topics of sexual and reproductive health are being discussed during the conference.
The topics include overcoming social, cultural and religious barriers in sexual and reproductive health, achieving a just economic order for sexual and reproductive health, strengthening justice systems for sexual and reproductive health and rights, making good quality sexual and reproductive health education available to all and advancing justice and equity in sexual and reproductive health.
At the event, Deputy Minister Nguyễn Viết Tiến said the sexual and reproductive health sector had improved in recent years. The rate of people using contraceptives reached 80 per cent in 2015 and the rate of maternal mortality has fallen to 60/100,000.
Despite progress, there is still a disparity in sexual and reproductive health between vulnerable groups and the rest of the population.
Lê Vũ Anh, president of the Việt Nam Public Health Association, said the conference provided a platform for participants to share their experiences and lessons learned. It will also offer opportunities for individuals and networks to strengthen regional co-operation to advance sexual and reproductive health and rights for all.
The Asia Pacific Conference on Reproductive and Sexual Health and Rights is a biennial gathering of civil society organisations, young people, academics, government officials, media and private sector firms concerned with sexual and reproductive health and rights. This is the first time Việt Nam hosted the conference.
VNN