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Archive for October 7th, 2008|Daily archive page

Stock markets on downward trend

In Uncategorized on October 7, 2008 at 2:07 pm


Hanoi (VNA) – Both the Ho Chi Minh City and Hanoi bourses suffered sharp losses with almost all shares falling at the end of the October 7 trading session.

The VN-Index at the Ho Chi Minh Stock Exchange (HoSE) plunged 19.47 points or 4.48 percent to 414.24 points.

More than 10.2 million shares and fund certificates, worth a total of 349.73 billion VND, changed hands, down 30 percent in both volume and value compared to the previous session.

Up to 153 out of 164 shares and fund certificates declined on the day with 143 falling to floor prices.

The Hanoi Securities Trading Centre’s HaSTC-Index closed the day at 134.98 points, decreasing 8.4 points or 5.86 percent. Only 7.05 million shares were sold at 211.3 billion VND compared with 8.3 million and 274.1 billion VND, respectively, in the previous session.

Among 153 listed shares, only nine gained in value, seven saw no transactions and 137 fell.-

Hanoi keen to welcome more tourists to historical sites

In Uncategorized on October 7, 2008 at 2:06 pm

Hanoi (VNA) – Hanoi, with its abundance of beautiful landscapes, has attached great importance to developing both its historical and cultural tourist industry, according to a municipal official.

On the sidelines of the 7th annual conference of the Council for Promotion of Tourism in Asia (CPTA) taking place in Hanoi between Oct. 5-10, Deputy Director of the city’s Department of Culture, Sports and Tourism Cao Thi Ngoc Lan said Hanoi is home to more than 4,000 historical sites, of which 1,400 are certificated.
The capital city is also increasing its focus on developing other types of tourism such as MICE tourism, trade street tourism and festival tourism.

In August 2008, Hanoi’s area tripled from 920 sq.m to 3,200 sq.m with a total population of nearly 7 million people, becoming one of the 17 largest capitals in the world. This expansion has created opportunities for the capital city’s tourism sector to develop more types of tourism, including eco-tourism, relaxation breaks and trade village tourism.

Also at the conference, Vice Chairwoman of the Hanoi People’s Committee Ngo Thi Thanh Hang affirmed that the tourism industry should become an important economic sector, adding that it is one of the city’s top priorities.

Hanoi’s tourism development plan is suitable for CPTA’s objective of launching a marketing campaign entitled “Welcome to Asia” and other related marketing activities that will further the prosperity and development of CPTA member cities’ tourism networks, she said.

Since 2001, Hanoi has enjoyed an annual growth in tourism of 10 percent and the number of international visitors to the city accounted for 30 percent of the country’s total foreign arrivals.

In the first nine months of this year, Hanoi has welcomed nearly 1 million foreign tourists and 5 million locals, representing respective increases of 5 percent and 15 percent over the same period last year.-

Seminar seeks to improve efficiency of central port

In Uncategorized on October 7, 2008 at 2:05 pm

A seminar took place in central Da Nang city on October 7 to discuss ways to increase the efficiency of the Da Nang seaport, the largest container port in Vietnam’s central region.

The event, co-hosted by the Da Nang Port, the Vietnam-EU Private Sector Support Programme and Vietnam Chamber of Commerce and Industry (VCCI), highlighted the port’s potential and indicated a number of shortcomings relating to import and export activities at the port that should be addressed.

Deputy Director of VCCI’s Da Nang branch Nguyen Dien said although the port has been chosen by a number of large shipping firms, such as K’Lines, Wanhai and Maersk Lines as a venue for sending container goods to the Eastern Asian, Southeast Asian and US markets, the total volume of cargo being handled remained low, registering 2.7 million tonnes in 2007.

Dien urged the port authorities, importers, exporters and forwarders to co-ordinate to seek new opportunities for all involved parties to multiply port activities.

Da Nang seaport is currently the main gateway to the East Sea and the East-West Economic Corridor that links Myanmar, Thailand, Laos and Vietnam. It is expected to handle 4 million tonnes of cargo annually by 2010.-

Vietnam-Laos ICT business forum held in Laos

In Uncategorized on October 7, 2008 at 2:05 pm

A Vietnam-Laos business forum on information communication technology (ICT) was held in Vientiane, Laos , on Oct. 7.

The Vietnamese Minister of Information and Telecommunications Le Doan Hop, the Lao Minister, Head of National Agency for Post and Telecommunication Khamlouat Sitlakone and the Vietnamese ambassador to Laos Nguyen Huy Quang attended the forum.

Vietnamese and Laotian postal and telecom officials and businesses exchanged views on postal, telecom and ICT development in the two countries, plus the operation of ICT businesses and their potential for cooperation by Vietnamese and Laotian businesses.

Major businesses from the Vietnam Post and Telecommunication (VNPT) Group, including the Vietnam Telecom International (VTI), Electricity of Vietnam telecom company (EVN), Vietnam Multimedia Corporation (VTC), the military telecom company Viettel, the joint stock telecom company FPT and the Vietnam Post and Telecom Institute, presented reports on their operations and the development of Vietnam’s ICT market as well as sharing their experiences in the fields of business management and supply of services.

The forum also discussed opportunities and potential for cooperation between Vietnamese and Lao businesses.

VNPT, the top post, telecom and ICT business in Vietnam and owner of VNASAT 1 satellite, expressed its readiness to support Lao telecom businesses in service supply and personnel training.

The two ministers also urged relevant management agencies and businesses of both countries to fully tap potential of each country through new cooperation programmes in order to boost Vietnam-Laos cooperation in post, telecommunication and ICT.-

President Triet receives RMIT General Director

In Uncategorized on October 7, 2008 at 2:03 pm

HCM City (VNA) – State President Nguyen Minh Triet appreciated the contributions of the Royal Melbourne Institute of Technology (RMIT) International University in Vietnam when he received RMIT General Director, Michael Mann, in Ho Chi Minh City on October 6.

The President said the RMIT University and My Thuan bridge symbolise the good friendship and cooperation between Vietnam and Australia .

He went on to say that Vietnam is making every effort to increase the quality of education in order to develop a skilled labour force to meet the country’s demand for comprehensive development.

President Triet also praised Australia ’s assistance in poverty reduction programmes in Vietnam to help local people improve their living conditions and the active role Mann played in the assistance when he was Australian ambassador to Vietnam .

For his part, the RMIT General Director expressed his thanks to President Triet for his invaluable help during his working term as Australian Ambassador to Vietnam in the past, as well as his current work in education development in Vietnam .

He said he considers himself as “an unofficial ambassador for Vietnam ” and will continue to support the country in the future.

RMIT Vietnam, since its inauguration in 2001, has trained nearly 5,000 students, 1,500 of them already graduated.-

Lao Cai earmarks 84 billion VND for storm victims

In Uncategorized on October 7, 2008 at 2:03 pm

Lao Cai (VNA) – The northern mountainous province of Lao Cai on Oct. 6 decided to allocate 84.2 billion VND (5.1 million USD) to support victims of recent storms and consequent floods.

Of the sum, more than 10 billion VND was donated by 246 organisations and individuals outside the province, while the rest was sourced from the state budget.

A large part of the total amount – 59.4 billion VND – will be doled out to repair damaged infrastructure facilities, including roads, irrigation and water supply systems, and schools.

Victims’ families will receive aid in cash, 12 million VND for each death, 10 million VND for a missing family member, and 2 million VND for every injured person. Households made homeless will be given with 10 million VND each.

Provincial authorities agreed to provide financial aid to households which suffered losses in crops, aquaculture and cattle breeding.

The province previously delivered 170 tonnes of rice sourced from the national reserve to the victims in nine districts and Lao Cai city.-

Experts seek ways to limit childhood blindness

In Uncategorized on October 7, 2008 at 2:02 pm

Hanoi (VNA) - Hundreds of international eye experts met to discuss ways to reduce childhood blindness in Vietnam and the world – retinopathy of prematurity (ROP)- at a two-day workshop held on October 3 in Hanoi.

ROP is a potentially blinding eye disorder that primarily affects premature infants weighing about 1,500 grams or less and born before 31 weeks of gestation. Full-term pregnancy has a gestation of 38-42 weeks. This disorder, which usually develops in both eyes, is one of the most common causes of sight loss in childhood and can lead to lifelong vision impairment and blindness.

According to Ministry of Health statistics, in Hanoi ROP is found in 37.8 percent of premature infants weighing 2,000 grams or less; 24.1 percent need immediate treatment. 1.6 million babies are born in Vietnam per year, about 150,000 of whom are premature.

“The high numbers of ROP in Vietnam, due to lack of medical equipment for infant care and recovery, is a huge challenge for Vietnam’s health sector though increasing numbers are being saved,” said Deputy Health Minister Nguyen Thi Xuyen at the workshop.

Participants evaluates ROP prevention programmes, exchanged experiences and submitted proposals to the national guideline for ROP prevention, screening, treatment and follow up in Vietnam for the Health Ministry’s approval.

Eye experts proposed that all infants weighing under 2,000 grams or less that are born before 34 weeks of gestation should be automatically screened for ROP.

Health experts also said that in Vietnam, too few paediatric doctors and nurses were ROP-trained. There were only 36 ROP-trained doctors between 2006-2008.
Statistics show that from 2001 to September 2008, there were a total of 13,613 premature babies screened for ROP nationwide, of which 1,406 were treated.

With support of ORBIS Vietnam, an ROP screening and treatment programme was carried out at the National Institute of Opthamology in Hanoi in 2001 and later in HCM City, Hai Phong, Thai Nguyen and Da Nang provinces. However, only Hanoi and HCM City could provide ROP treatment services.

In the near future, ORBIS will help set up 8 eye centres nationwide in Vietnam, with a special focus on ROP screening and treatment activities.-

DIPECHO funds disaster prevention in villages

In Uncategorized on October 7, 2008 at 2:01 pm

The European Commission’s Humanitarian Aid Office (DIPECHO) has agreed to provide over 300,000 EUR to a project to help central Thua Thien-Hue province to prevent the effects of natural disasters.

The project aims at minimising disasters’ effects on households, and the livelihoods of local people by improving public awareness, helping them to design safe houses and to build villages in safe locations, among other measures.

Ten communes of six districts, in addition to Thua Thien-Hue city will benefit from the project, which will be implemented through the Development Workshop France organisation over 15 months.-

Vietnam, Cambodia join efforts in fighting drug crime

In Uncategorized on October 7, 2008 at 2:01 pm


HCM City (VNA) – A delegation of Cambodia ’s National Committee for Drug Control has exchanged experiences in fighting drug crime with the Police General Department of the Vietnamese Ministry of Public Security.

At the session in Ho Chi Minh City on Oct. 7, the two sides discussed measures to prevent drug abuse, promote law execution, control the growing of narcotic plants, implement technical assistance programmes.

They also talked about intensifying the exchange of information and experiences in controlling drugs and precursors, rehabilitating drug addicts, as well as methods used for the rehabilitation and management of drug abusers.

The Vietnamese side suggested that any cooperative activities focus on the exchange of information related to transnational drug traffickers, mutual assistance in investigating, arresting and verifying drug criminal-related information, and coordination in the fight against drug trafficking via the seas and airways.

The two sides also agreed to further cooperate in personnel training.-

Vietnam, WHO, FAO offer advice over tainted milk scandal

In Uncategorized on October 7, 2008 at 2:00 pm

Viet Nam’s Ministry of Health (MoH) and two United Nations agencies have suggested that consumers be alert but not alarmed by the tainted milk scandal as not all milk on sale in Vietnam is contaminated with melamine.

The MoH, the World Health Organisation (WHO) and the Food and Agriculture Organisation (FAO) made the recommendation in their joint statement on melamine milk contamination, issued on October 7.



“We can confirm that not all milk being sold in Viet Nam is contaminated with melamine,” the joint statement says, urging consumers not to boycott milk as this could have an adverse nutritional impact on the nation’s health.

However, the three bodies recommended that consumers only chose products that have been verified as not containing melamine and with proper packaging, labels and origin clearly displayed.

Following the notification of the contamination, the MoH rapidly implemented several initiatives and measure to strictly prevent the exposure of consumers to melamine contaminated milk and milk products and to determine the presence of melamine in milk ingredients, milk and milk products, in order to resolve any obstacles in circulation and protect the rights of businesses.

The MoH has actively collaborated with the WHO and FAO technical experts as well as other ministries and the provincial People’s Committees to establish 20 inter-ministerial teams to conduct inspections; suspend the distribution of all milk materials products that do not have a clear origin and brand name and standardise melamine testing methods, including internationally-approved training courses for Vietnamese technical experts.

It designated 22 laboratories across the country as melamine testing centres, permitted enterprises to actively test for melamine and verify the safety of their products and announced test results to consumers, along with daily updates and announcements to consumers, via the mass media, the list of melamine-contaminated products.

As of the afternoon of October 6, more than 500 samples of milk and milk products had been taken for testing, with 23 samples being identified as containing melamine.

The relevant authorities requested the importers to withdraw the products from circulation.

The Ministry of Health said that the melamine contamination of milk products has been effectively controlled in Vietnam.-

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