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2017 is the first year
 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.
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 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 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. Imports have become less favored because the products are not as diverse, and they are more expensive.
Mai Chi, VNN
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Thứ Năm, 30 tháng 11, 2017
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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 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:  Speaking at a seminar on opportunities and challenges of the fourth industrial revolution in the Mekong Delta 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 Besides, the country’s logistics cost is the highest in the world. “Logistics cost presents more than 20% of The State budget deficit has widened although the country has called for the stronger participation of the private sector in investment projects. Thien said According to Thien, FDI enterprises not only know how to make the most of 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 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 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 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. The minister emphasised that, with such outstanding performance, the tourism sector has a great opportunity to become a key economic sector in 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 Foreign investors invested in 59 cities and provinces around 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 Over recent years, The seminar welcomed a number of 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 “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 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. 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. 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 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, The two countries have complementary strengths, which makes them a good fit to help each other develop. Notably, However, trade and investment co-operation is still limited. “Through this event, “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 Law battles non-state corruption Publicly held companies, credit organisations, and investment funds in 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 “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 According to deputies Do Van Binh from the northern port city of “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 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 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 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 – 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 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 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 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 The joint venture will focus on importing structural steel sheet and steel materials from 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 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 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 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 Scalfarotto said his delegation included 130 businessmen from 60 top Italian companies who are looking for investment and cooperation opportunities in The exchange of high-ranking delegations between the two countries showed Italian’s attention to Agriculture is a key field of cooperation between Speaking at a workshop held in the Mekong Delta Indian companies have poured a remarkable amount of investment in 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 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 The forum hosted 150 delegates representing some of Bilateral trade between 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 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, As regards the obstacles of Italian firms when doing business in However, 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 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 Vinamilk enters domestic sugar industry 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 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. Agriculture is a key field of co-operation between Speaking at a workshop held in the Mekong Delta Indian companies have poured a remarkable amount of investment in 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 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 A delegation of eight Malaysian companies paid a working visit to Dato’ Theng Bee Han, president of the Malaysian Business Chamber in 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. “We are looking for opportunities in ASEAN, which is becoming a single market after the establishment of the ASEAN Economic Community (AEC). Within AEC, Meanwhile, Anggun Fusion, a brand for premium ingredients, is searching for strategic partnerships and planning for long-term business in According to Kantar Worldpanel’s report “The future of e-commerce in FMCG”, online FMCG sales reached a 0.5 per cent share in According to David Anjoubault, general manager of Kantar Worldpanel The value growth of e-commerce within FMCG is up 69 per cent, which makes “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 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
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Illegal
logging is still rampant in the
Timber found at a forest managed by Chu Pha
Forestry Company
According to the locals in Ea H'leo
Commune in
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 "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
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Social News 29/11
Audio books library for the blind
inaugurated in
The audio books library for the blind was inaugurated
in
The library covers on an area of 632 square meters at
18B
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
A fire occurred in Nam Hải Wood Processing Company in
Dĩ An Town, the southern
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
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
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
Free examination provided to kids
suffering child abuse
Under the guideline of People’s Committee in
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
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
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
The five-month campaign is run by customs authorities
of
According to
HCMC to build more dorms for workers
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
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
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
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.
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
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
After being briefed on
He took the occasion to invite Misra to pay a visit to
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
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.
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.
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
President Quang affirmed the support and solidarity of
the
Deputy PM hosts Foreign Press Agency
delegation
Deputy Prime Minister Vu Duc Dam hosted a reception in
Dam informed them about socio-economic development in
He said the success of the Asia-Pacific Economic
Cooperation (APEC) Year 2017 and the APEC Economic Leaders’ Week recently
held in
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
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
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
The FPA President wished to welcome more VJA
delegations to
The FPA delegation is in
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.
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
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
National Library celebrates 100th
anniversary
The National Library of Vietnam held a ceremony in
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
Established in November 1917, the library has become
the largest of its kind in
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
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
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
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
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
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
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
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
Region’s poor lack reproductive
health access
Poor and marginalised communities in Việt
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
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
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