wiki globe

Posts Tagged ‘in’

, , , , ,

Viettel wins investment license in Mozambique

In Uncategorized on January 12, 2011 at 7:07 am




Viettel wins investment license in Mozambique


QĐND – Tuesday, January 11, 2011, 21:36 (GMT+7)


PANO – Movitel, a joint venture between the Vietnamese Military Telecommunication Group (Viettel) and Mozambique’s SPI Invespar Company, has received an investment license in the African country, according to Viettel Group.

After receiving the license, Viettel sent a delegation to Mozambique to carry out large projects. Movitel plans to invest nearly 400 million USD to build its infrastructure with 4,500 2G base transceiver stations and 1,200 3G base transceiver stations to meet the demand for local people in all areas of the country.


Movitel plans will introduce many communication services with cheap prices in Mozambique. The company targets to be one of the largest telecom firms in the market after one year operation.


Mozambique is the fourth foreign country in which Viettel has invested, after Cambodia, Laos and Haiti.


Translated by Duy Minh


Source: QDND

, , , , , ,

Policies have key role in attracting investment

In Uncategorized on January 12, 2011 at 7:06 am




Policies have key role in attracting investment


QĐND – Saturday, January 08, 2011, 20:29 (GMT+7)

Since the country began implementing the renewal process, policies encouraging investment in Vietnam have made great contributions to attracting Foreign Direct Investment (FDI).


The remark was made at a seminar held in Hanoi on January 7 to evaluate the role of policies on investment encouragement, the influence of FDI on Vietnam’s economy and future adjustment of those policies.


According to the Ministry of Planning and Investment, Vietnam had 12,213 FDI projects with a combined registered capital of US$192.9 billion in the 2001-2010 period. Of the capital, about US$63 billion has been put into operation.


Dr. Nguyen Tu Anh from the Central Institute for Economic Management said that FDI was an important supplement capital source for Vietnam’s economy and contributed to creating jobs as well as boosting exports and economic development of the country.


However, experts to the seminars said that future policies on investment encouragement should be aligned with practical legal frameworks and focus on transferring technologies to domestic enterprises.


Source: VNA


Source: QDND

, , , , , , , ,

Biden says US may stay in Afghanistan after 2014

In Uncategorized on January 12, 2011 at 7:06 am

KABUL (AFP) – US Vice President Joe Biden stressed Tuesday that his country’s troops could stay in Afghanistan after 2014 if Afghans want them to, on day two of a surprise visit to the war-torn nation.


Speaking after talks with President Hamid Karzai in Kabul, Biden said: “We’re not leaving if you (Afghans) don’t want us to leave”.


But he also emphasised that the planned handover of responsibility for security from international troops to Afghan forces in four years, agreed at a NATO summit in November, was on track.

AFP file – US Vice President Joe Biden (C) talks with a US soldier as US General David Petraeus (2nd L) looks on at a US base in Maidan Shar Wardak province.


“It’s not our intention to govern or to nation-build — as President Karzai often points out, this is the responsibility of the Afghan people,” Biden told reporters at a press conference.


“We stand ready to help you in that effort and we’ll continue to stand ready to help you in that effort after 2014.”


A senior White House official said Biden was not announcing a change in policy.


“The vice president was simply restating for the public what he had said to the president (Karzai) which was that the United States wants an enduring partnership with Afghanistan,” the official said.


There are about 97,000 United States troops serving in Afghanistan as part of an international force of some 140,000.


Limited, conditions-based withdrawals are due to start in July ahead of the scheduled 2014 transition.


In 2010, coalition troops suffered their bloodiest year yet in Afghanistan with 711 deaths, according to the icasualties.org website, while opinion polls suggest increasing numbers of Americans want their troops to come home.


Biden said Afghanistan was now in a “new phase” and insisted that Taliban momentum had been “largely arrested” in key areas such as the southern provinces of Helmand and Kandahar.


His comments came despite several recent attacks in the south, seen as the focus of the war, including a suicide bombing at a bath house in Kandahar province last week which killed 17 people.


“We have a strategy and the resources in place to accomplish the goal of a stable and a growing and an independent Afghanistan able to provide for its own security,” Biden said.


But he added that gains made were “fragile and reversible and the president knows that sustaining them is going to require the Afghans to improve… security and governance”.


Karzai said he and Biden had held one-to-one talks that lasted one hour and 45 minutes.


“We discussed the transition process in 2014 and how best to proceed with it. We had a good discussion, it made me happy,” Karzai told the press conference, which came a day after Biden’s surprise arrival in Afghanistan.


Biden held talks and had lunch with Karzai after visiting a training facility for Afghan security forces just outside Kabul. He later met US troops serving in Wardak province, central Afghanistan, plus local officials.


Shortly after arriving late Monday, Biden spent nearly two hours with the commander of international troops in Afghanistan, US General David Petraeus, and US ambassador Karl Eikenberry.


A US official travelling with Biden said the vice president’s trip came at a “pivot point” for the US in Afghanistan, adding it would allow Biden to review progress towards handing responsibility for security to Afghan forces.


The complex relations between the Western-backed government in Kabul and the US were laid bare by recent comments by Karzai accusing foreign countries of meddling in Afghanistan.


And last month, whistleblowing website WikiLeaks published leaked cables in which Eikenberry described Karzai as sometimes “paranoid and weak”.


The ambassador also reportedly highlighted corruption among key government officials in Afghanistan.


The visit, Biden’s first to Afghanistan since taking office, was not pre-announced due to security concerns, although Karzai was informed of the trip last week, the US official told reporters.


Biden’s trip began four days after the US announced it was sending an extra 1,400 Marines to southern Afghanistan, seen as the heart of the Taliban insurgency, in a bid to pre-empt an expected spring offensive in April or May.

d
Source: SGGP

, , , , , , , ,

Charity gala event to help aid children in need

In Uncategorized on January 12, 2011 at 7:06 am




Charity gala event to help aid children in need


QĐND – Tuesday, January 11, 2011, 21:34 (GMT+7)

Leading artists will gather to perform at a charity gala on Jan. 13 to raise money for children living at Hanoi’s Phuc Lam Preschool and Nursery.


The show, which is to take place at the capital’s historic Sofitel Legend Metropole Hanoi hotel, is entitled Cay Lieu Khoc Cho Em (Willow Weeps for Me).


As a curtain raiser, Spanish fashion designer Chula will present her latest collection, which features the diamond jewellery of the Hanoi-based London Diamond Gallery.


Vietnamese diva My Linh and virtuoso pianist Pho An My will share the stage with the hotel’s resident French jazz diva Trebeka on the night. Award-winning actress Le Khanh will be MC.


The event is organised by the the non-profit charity organisation, Willow Weeps for Me, founded by Trebeka.


Source: VNA


Source: QDND

, , , , , , ,

Government to combat environmental pollution in craft villages

In Uncategorized on January 12, 2011 at 7:04 am




Government to combat environmental pollution in craft villages


QĐND – Monday, January 10, 2011, 20:44 (GMT+7)

PANO – Deputy Prime, Minister Hoang Trung Hai, recently assigned the Ministry of Natural Resources and Environment, in coordination with other central agencies and localities, to draw up a comprehensive scheme on the treatment of environmental pollution at nationwide craft villages.


The Deputy Prime Minister also asked the Ministry to complete circulars on environmental technical standards in order to issue them in the third quarter of 2011.


According to the Ministry of Agriculture and Rural Development, there are some 1,500 craft villages nationwide, of which 800 villages are located in the Red River Delta.


Meanwhile, results from recent surveys conducted by the Centre of Water Resources and Environment show that the environment of food processing, industrial and handicraft villages is alarming.  


Both officials and experts agreed that it was high time to immediately take serious measures against environmental pollution in craft villages in order to ensure sustainable development for the sector in the future.


Translated by Thu Nguyen


Source: QDND

, , , , , , , ,

Northern residents struggle for their livelihood in icy weather

In Uncategorized on January 12, 2011 at 7:04 am

People in the northern region have experienced much hardship caused by the extreme cold weather, with temperatures continuing to remain below 10 degree Celsius.

Hanoians near the To Lich river trying to keep warm by lighting a fire (Photo: Van Phuc)

Yesterday morning female porters along the Nhue River bank in Hanoi had not found any work due to the cold weather condition. As a result, they gathered and made a fire to keep warm.


Similarly, some women from the Xuan La Commune, Tay Ho District, were found huddle together, trying to keep warm instead of searching for shellfish in the Tay Lake as usual although the price of a kilogram of shellfish has skyrocketed from VND11,000 to VND20,000 a kilogram.


Elsewhere in Tu Liem District, thousand of people start work early at 1am in order to harvest their vegetables and flowers. This is to ensure that their products will be sold at the markets on time.


Mountainous regions see cattle die in the hundreds


Loc Binh District in Lang Son Province, on Sunday reported a lot of cattle die from the cold weather. The worst affected area was in Mau Son Commune, where temperatures fell to -1 degree Celsius, causing dead to hundreds of buffalos. Most of the cattle were old or calves.


Local resident Nguyen Thanh Lan said many traders have come to Mau Son in order to buy the dead cattle. The prices were VND200,000-300,000 for a calf and VND1 million for a buffalo.


Lan further said, that if the cattle had lived they would fetch a price of VND3-5 million and VND10 million, respectively.


Early in the New Year, over 50 buffalos from the Pac Nam District of Bac Kan Province, were found dead, due to cold weather condition. The provincial governor did at that time instruct local farmers to move their cattle out of the district, aiming to find more appropriate shelter for the animals.


People in the provinces of Ha Giang, Lang Son, Cao Bang and Bac Kan are very concerned that if the cold weather continues, more cattle will die.


Related article:
Cold weather killing cattle

Source: SGGP

, , , , , , , ,

Cold weather forces schools to close in northern region

In Uncategorized on January 12, 2011 at 7:02 am

The prolonged cold weather has forced a lot of schools to close, forcing thousands of students to stay at home in northern Vietnam.


Since January 7, Lai Chau Province alone has notified over 15,000 students to stay at home, while Lang Son Province schools have told over 11,000 students not to come to school.


Local authorities have called on residents and parents to help students cope with the cold weather.


In Sa Pa town of Lao Cai Province, parents have donated money in order that schools can purchase heating equipment. Meanwhile, some residents have made wood fires in order to keep children warm in the poorer areas.


The Lai Chau Province Department of Education and Training, has presented 1,500 extra thick clothes to students in districts of Sin Ho, Phong Tho and Tam Duong.


In addition, money donated by the Red River Delta provinces of Thai Binh, Hung Yen and Hai Duong, is helping to make heating mantles for poor students that live in remote lying areas.


Hoang Kim Giao, head of the Livestock Production Department said because of the cold weather, the number of cattle died has increase dramatically, from 900 on Monday to over 2,500. The worst hit provinces include Son La, Ha Giang, Cao Bang and Lao Cai.

 

Buffaloes find shelter from the cold weather, which has killed thousands of cattle in the north (Photo: SGGP)

On Tuesday afternoon, the Ministry of Agriculture and Rural Development sent another urgent dispatch to northern and central provinces asking them to prevent any more cattle related deaths due to the extreme cold weather.


The Ministry also instructed local authorities not to let cattle in the fields and the forest when the temperature drops below 12 degree Celsius. If possible, farmers should stockpile more grass to feed their herbs.

Related article:
Primary schools to shut as temperatures drop

Source: SGGP

, , , , , , , ,

11th National Party Congress preparation session held in Hanoi

In Uncategorized on January 12, 2011 at 7:02 am




11th National Party Congress preparation session held in Hanoi


QĐND – Tuesday, January 11, 2011, 21:36 (GMT+7)

A preparation session for the 11th National Congress of the Communist Party of Vietnam was held in Hanoi on January 11.


Delegates elected a Presidium of 24 members. A secretariat of five was elected headed by Ngo Van Du, member of the Party’s Central Committee secretariat, Head of the Central Committee’s Office. Nguyen Van Chi, Politburo member, Head of the Party Central Committee’s Commission for Inspection was also elected head of a 12-member committee for the verification of delegates’ qualifications.


At the session, the agenda for the Congress got a 100 percent approval. Accordingly, the Congress will discuss and adopt a political platform for the transitional period to socialism in Vietnam (revised and supplemented in 2011) and the nation’s socio-economic development strategy for the 2011-2020 period. The Congress will also hear the political report of the Party’s Central Committee (10th tenure) to review the implementation of the mission in the last five years and draw up a direction for the next five years. In addition, it will propose a supplement of the Party’s regulations and elect a Central Committee for the next term.


On behalf of the Presidium, Ho Duc Viet, Politburo member, Head of the Party Central Committee’s Commission for Organisation and Personnel, introduced the election regulations.


According to the committee for the verification of delegates’ qualifications, the Congress, themed “Continuing the Party’s leadership and fighting capacity, upholding national strength, comprehensively spurring the renovation, and laying the foundations for Vietnam to become a modern industrial country by 2020” will be attended by 1.377 delegates, representing 3.6 million Party members nationwide.


Source: VOV


Source: QDND

, , , , , , ,

8,000 Vietnamese laborers worked in Korea in 2010

In Uncategorized on January 8, 2011 at 11:31 am

In 2010, Vietnam sent more than 8,000 laborers to work in Korea under the EPS program. This is an increase of 1.7 times, as compared with 2009, said Phan Van Minh, director of Overseas Workers centre.

File photo shows that laborers are learning Korean at an employment agency to prepare for the examination.

Vietnamese young people are now able to find high-income jobs while working abroad. South Korea has become an attractive destination for many rural laborers, as it has a stable working environment and preferential policies.


In addition, 66,000 laborers registered to join the Korean language program and 29,400 candidates passed the examinations.


Under the EPS program, foreign workers are allowed to change jobs up to three times, within a three-year period. The workers also enjoy basic salary entitlements that are permitted under South Korean law. They are also protected by work related insurance policies, and salary and repatriation expenditure insurance. Finally, when their contracts finish, they may be re-employed by other Korean businesses.


To work in South Korea, workers must pass a Korean language test and meet specific criteria’s. Individuals, who can apply for the EPS program, are those who have just finished military service, students from vocational secondary schools and workers.

Source: SGGP

, , , , ,

VN-Index closes week in low note

In Uncategorized on January 8, 2011 at 4:29 am

Vietnam’s benchmark VN-Index dropped for the third day on December 24 due to bad news and a lack of support from foreign investors as they stopped trading for the holidays.

Standard & Poor’s downgraded credit rating of Vietnam and some credit institutions in the country. Besides, the Vinashin’s debt of US$60 million had not been resolved.


The measure of 274 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange declined 0.56 percent, or 2.65 points, to close at 472.76 points.


On the index, 89 stocks raised, 120 fell, while 71 were unchanged.


Trading volume significantly reduced over the previous trading session. Around 55.81 million shares changed hands at a value of VND1.35 trillion.


Investment and Trading of Real Estate Joint Stock Company (ITC) topped the list of most active shares in volume with 2.55 million shares.


It was followed by Tan Tao Investment Industry Corporation (ITA) with 2.28 million shares traded.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) tagged along with 2.2 million shares.


Petroleum Industrial & Civil Construction Joint Stock Company (PXI) marched south for three straight trading sessions, slumping 11.18 percent to VND15,100. The company will pay dividends to its current shareholders at a ratio of 16 percent on January 10, 2011.


Sieu Thanh Joint Stock Corporation (ST8) shrank 5 percent to trade at VND22,800.


Imexpharm Pharmaceutical Joint Stock Company (IMP) contracted 4.8 percent to VND59,500.


Ben Tre Aquaproduct Import and Export Joint Stock Company (ABT) and Cadovimex Seafood Import-Export and Processing Joint Stock Company (CAD) both accelerated 5 percent to VND42,000, and VND8,400 respectively.


Long Hau Corporation (LHG) climbed the second day, escalating 4.95 percent to VND42,400.


House Viet Nam Joint Stock Company (NVN) strengthened 4.93 percent to VND21,300.


The smaller bourse in the north also wrapped week in red as the Hanoi’s HNX-Index tripped 0.03 percent, or 0.03 points, to close at 111.19 points. Trading volume sank by 24 percent in volume and 30 percent in value over the previous day as 30.9 million shares worth VND592.8 billion were traded.


Meanwhile, the UPCom-Index slightly reversed 0.09 points to 41.16 points this morning. A total of 150,000 shares changed hands at a value of VND1.9 billion as of 11:15 am local time.

Source: SGGP

Follow

Get every new post delivered to your Inbox.