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Archive for September 17th, 2008|Daily archive page

Vietnam pepper potential introduced to US market

In Uncategorized on September 17, 2008 at 11:01 am


New York (VNA) – US pepper importers were offered an opportunity to learn about Vietnam ’s potential in pepper production at a conference in New York on September 16.

The conference, which was held by Vietnam Pepper Association (VPA), gathered 25 members of VPA and many US businesses which were looking to importing pepper from Vietnam .

Since 2003, Vietnam has been the world’s largest pepper producer, supplying for more than 80 markets worldwide, said Tran Ngoc Chau, VPA’s vice chairman.

The US imports more than 60,000 tonnes of pepper each year, accounting for 26 percent of the world’s pepper market shares.
Over the last 5 years, Vietnam shipped 10,000 – 20,000 tonnes of pepper to the US market annually , peaking at 20,000 tonnes in 2005.-

HoSE welcomes 159th member

In Uncategorized on September 17, 2008 at 11:01 am


HCM City (VNA) – Cuu Long pharmaceutical company (Pharimexco), coded DCL, listed its shares on the Ho Chi Minh Stock Exchange (HoSE) on Sept. 17, becoming HoSE’s 159 th member.

With a charter capital of 81 billion VND, Pharimexco is the country’s first pharmeceutical company to meet three quality standards, namely GMP, GLP and GSP.

It is also the first company to run a capsule production factory following the North American technology. Pharimexco’s products are being exported to some ASEAN and African countries.

The company targets to become one of the countries’ leading companies in production and trade of pharmaceutical products and medical equipment, aiming to earn a revenue of 1 trillion VND by 2010.-

Nghe An attracts large volume of foreign visitors

In Uncategorized on September 17, 2008 at 11:00 am


Nghe An (VNA) – The central province of Nghe An has so far this year attracted 1.8 million visitor arrivals, including 68,600 foreign arrivals, a year-on-year increase of 20 percent.

In the period, tourism has also generated a revenue of over 606 billion VND (35.6 million USD) for Nghe An.

The figures brought the province to the fourth position among cities and provinces in the country in attracting visitors, especially foreign tourists.

Tourists are lured to Nghe An to enjoy the beauty of nature, people and culture of local ethnic minorities. The province boasts Cua Lo beach, Pu Mat National Park, Giang Son hot mineral spring, among other sites of interest.


To attract more tourists, local travel agencies and authorities have been invested in improving infrastructure and service quality, diversifying services, boosting tourism promotion in the country and abroad, and personnel training.-

Nghe An: First gold trading floor opens

In Uncategorized on September 17, 2008 at 11:00 am


Nghe An (VNA) – A gold trading floor was jointly inaugurated in Vinh city in central Nghe An province on September 17 by the Vietnam Securities Joint Stock Company (VNS), the An Phu Construction and Trading JSC and the Wall Street Gold Company.

The new gold trading floor, the first of its kind in the city, aims to meet organisations and individuals’ business demands and benefit investors.

with a modern technological system, the floor provides customers with convenient, stable and secure remote trading service.-

Vietnam boosts implementation of ASEAN OSS mechanism

In Uncategorized on September 17, 2008 at 10:59 am


Hanoi (VNA) – Prime Minister Nguyen Tan Dung has signed a decision to set up a national steering committee on ASEAN one-stop-shop ( OSS ) mechanism for the 2008-2012 period.

The committee, headed by Finance Minister Vu Van Ninh, will assist the government in directing the implementation of the OSS mechanism under the agreements and protocols signed with ASEAN countries. It will also be responsible for directing and coordinating activities of relevant agencies and organisations.

The establishment of the committee aims to implement the committed roadmap on customs clearance for import and export commodities among ASEAN countries, under which it takes only 30 minutes for goods lots to go through customs and taxation procedures. The mechanism is expected to establish an ASEAN OSS environment by 2012.

Over the past time, the Vietnamese customs service has made remarkable efforts to catch up with the regional level by 2010. The service is boosting an all-round reform towards modernisation with financial assistance from the World Bank.

The amended Law on Customs, effective in 2006, also helps change the customs management method from manual checking to analysis- and information processing-based control.

Customs formalities have been simplified to reduce customs clearance time and facilitate import-export activities, investment and tourism as well as prevent smuggling and trade frauds.

Besides joining the International Convention on the Harmonised Commodity Description and Coding System, the Kyoto Convention on Simplification and Harmonisation of Customs Procedures and related international treaties, Vietnam has actively implemented international commitments in the framework of the Association of Southeast Asian Nations (ASEAN), Asia-Pacific Economic Cooperation (APEC), Asia-Europe Meeting (ASEM) and World Customs Organisation (WCO).-

Govt supports highly-applicable agricultural projects

In Uncategorized on September 17, 2008 at 10:58 am

Hanoi (VNA) – Deputy Prime Minister Nguyen Sinh Hung said the Government may allocate up to 400-500 billion VND for scientific projects of high applicability in the agricultural sector.

The Government leader was speaking at his working session with the Ministry of Agriculture and Rural Development (MARD) in Hanoi on September 16.

The Deputy PM stressed that putting science and technology into life, particularly in production, is one of the three pivotal issues that the nation needs to address in order to build a new rural area and a modern agriculture and raise the living conditions of farmers.

He asked the MARD, research institutes and scientists to embark on projects that are in dire need at the moment involving breeding, know-how training in rural areas, post-harvest technology, aquaculture, and food security projects.

“Selecting orientations, goals and solutions for a scientific and technological strategy for the agricultural sector is very important,” Deputy PM Hung said.

The MARD reported that it received over 2.6 trillion VND for scientific and technological research in agriculture in the 2001-2005 period, which accounted for 2.3 percent of the total investment pumped into the agricultural sector.

The sum, however, made up just 0.1 percent of the country’s GDP while it was four to seven fold in other countries in the region, the MARD said.

MARD Minister Cao Duc Phat suggested an increase in investment for agricultural research to 0.3-0.5 percent of the national GDP.

MARD has proposed that the Government allow private businesses to take part in the selection of agriculture-engaged scientific research as one of a series of measures to boost the research and transfer of scientific and technological advances in the agricultural sector.

In 2008, MARD plans to disburse 600 billion VND for agricultural research.-

VN, Iran share experiences in care of AO victims

In Uncategorized on September 17, 2008 at 10:58 am

Hanoi (VNA) – The Vietnam Agent Orange Victims’ Association (VAVA) and the Iranian association in support of toxic chemical victims have both expressed their wish to share experiences in care of the AO victims.

The wish was expressed at a meeting between VAVA Deputy President Nguyen Trong Nhan and Iranian Ambassador Sayed Javad G. Shahidi in Hanoi on Sept. 16.

The two sides shared the view that victims of the two countries should exchange visits.

The VAVA Deputy President thanked the Iranian Ambassador and association for their supports for Vietnamese AO victims.

The Iranian Ambassador affirmed that helping AO victims is a humanitarian action and responsibility of each person.

The ambassador said the Iranian association in support of toxic chemical victims wants to set up relations with the VAVA so that the two sides can learn experiences from each other to operate more effectively, contributing to protecting and helping chemical victims.

The Iranian association also wants to cooperate with VAVA in holding exhibitions on war and victims of the two countries.-

Contributions to community development to be honoured

In Uncategorized on September 17, 2008 at 10:57 am

Outstanding businesses and individuals, which actively participate in charitable activities for community development will be honoured and presented Golden Cups.

The awardees will be selected by managers, scientists and journalists from various sectors and an award ceremony is scheduled for Mid-March 2009.

The fourth Golden Cup for Community Development will be presented to enterprises and individuals which are successful in the socio-economic and scientific areas and actively participate in community development, such as building schools in isolated areas, reducing poverty and assisting disabled and disadvantaged people.

The first Golden Cup for Talented Director will be awarded to directors, who are excellent in business and make significant contributions to production and scientific research, as well as donations to community development in the period of international integration.

The Cups are sponsored by several businesses and social establishments, including the Radio Voice of Vietnam, the Ministry of Trade and Industry, the Ministry of Labour, War Invalids and Social Affairs, the Southeast Asia Scientific Research Association and the Cooperative Alliance. –

Congo national deported for property appropriation

In Uncategorized on September 17, 2008 at 10:56 am

HCM City (VNA) – A Congo national was expelled from Vietnam for involvement in property appropriation, police said on September 16.
Etoja Vicky, 31, is also prohibited to re-enter into Vietnam , according to the Ho Chi Minh City Public Security’s Immigration Department.

Vicky was found to have used a fake passport to withdraw 81,375 Australian dollars at a Viettinbank branch in Ho Chi Minh City ’s district 7 on September 4.

He admitted that he lived as a homeless in Ho Chi Minh City and was hired to withdraw money. He had earlier disguised himself as a businessman to enter Vietnam from Thailand .

On August 28, Vietnam deported two other Congo nationals for the same reason. Long Angel Fabien, 30, and Andoris Eboli Mbpke, 28, used fake passports to withdraw 217,033 AUD at a bank in Ho Chi Minh City ’s Go Vap district.-

Biodiversity law to involve local residents

In Uncategorized on September 17, 2008 at 10:56 am

Hanoi (VNA) – The latest draft of Vietnam’s first Biodiversity Law was discussed at a meeting jointly organised by the National Assembly’s Committee of Science, Technology and Environment and the UN Development Programme (UNDP).

A key feature of the bill is that it integrates pro-poor principles which recognise that biodiversity conservation and development can not be successful without the support and participation of local communities.

“Biodiversity and natural resources have been critically important for the majority of the Vietnamese population as they provide basic needs and livelihoods for people, particularly the rural poor,” said Christophe Bahuet, UNDP Deputy Country Director in Vietnam.

The 2008 edition of the Vietnam Red Book reveals that the number of endangered species of fauna and flora has increased to 880 from 700 in 2000. Key causes include over-exploitation of forests, shifting agricultural cultivation, loss of arable land, water pollution and degradation of coastal areas.

“The Biodiversity Law is an effective legal instrument to prevent biodiversity declination, to conserve precious plants and animals, and to serve the sustainable social and economic development of the country” said Dang Vu Minh, Chairman of the committee.-