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Archive for September 23rd, 2009|Daily archive page

Two more storms form over East Sea

In Vietnam Weather on September 23, 2009 at 11:35 am

Koppu and Choiwa storms formed over the East Sea off the Philippines on September 13, said Bui Minh Tang, director of the National Hydro Meteorological Forecast Center.

Heavy rain on September 13 flooded many streets in HCMC and submerged this man’s house in Thu Duc District (Photo: SGGP)

Koppu, the year’s eighth storm (as called in Vietnam), lay centered northwest of the Philippines on September 13 to move west-northwest.

On the afternoon of September 13, Choiwan was 3,000 kilometers far from Storm Koppu. It packs level 9 winds which are expected to intensify and reach level 12 in the next few days.

From September 15, Choiwan will affect Koppu and change it complexly, the center said.

Koppu is forecast to move close to China’s Hainan island by noon of September 14 with winds of up to level 9.

At a meeting with the Central Steering Board for Storm and Flood Prevention and Control on September 13, Minister of Agriculture and Rural Development Cao Duc Phat said coastal provinces should be keep a close eye on Koppu and fishing boats still at sea and direct the latter to safe places.

Northern mountainous provinces, especially in the northeast, should prepare to cope with flashfloods and landslides when the storm approaches, he warned.

The board said central and Central Highlands provinces have suffered damage worth VND477 billion (US$26.5 mil) from tropical low pressures in September.

They have sought assistance of VND169.5 billion ($9.4 mil) from the Government to help farmers and repair infrastructure.

They also sought 9,000 tons of rice for people affected by rains and floods.

Heavy rains flood HCMC streets

A downpour lasting over two hours on the evening of September 13 caused severe flooding on many streets in Ho Chi Minh City’s Districts 2, 5, 6, 8, 11, Tan Phu, Tan Binh, and Binh Thanh.

3 Thang 2, Hong Bang, and An Duong Vuong streets in Districts 5, 6, 10 were the worst affected.

The floods also marooned five houses in Linh Trung Ward, Thu Duc District.

At some places in the ward, the water was over one meter deep and flowed into houses.

Residents blamed it on the ward’s location in a low-lying area.

Source: SGGP

Tropical pressure off Philippines to intensify

In Vietnam Weather on September 23, 2009 at 11:34 am

A low pressure zone that formed off Luzon Island in the Philippines on September 22 has slowly moved west and will intensify into a tropical low pressure zone in the next day or two.

The weather in HCMC is expected to be sunny but showery from September 23 onwards

Vietnam’s National Hydro Metrological Forecast Center also said that, meanwhile, an inter-tropical convergence zone has occurred in the central region causing cloudy weather. It is expected to bring heavy rains, floods, and landslides.

The northern region, which was cool on September 22, would become hotter on September 23, it said.
The inter-tropical convergence zone would also cause cloudy and rather cool weather in the south from September 23, with temperatures ranging from 27 to 31°c.

HCM City would be slightly sunnier but experience thunderstorms in the afternoons.

Source: SGGP

Stocks unchanged amid record turnover

In Vietnam Stock Market on September 23, 2009 at 11:34 am

The Ho Chi Minh Stock Exchange inched down on Wednesday, with trading volume and value hitting an all-time high.

VN-Index, the gauge of 174 stocks on Vietnam’s main stock exchange in HCMC, lost marginally 0.74 points, 0.13 percent, to close at 582.11. Among its members, 84 stocks advanced and 65 declined.

Turnover surged to around 92 million shares worth VND4.43 trillion, both record levels on the exchange.

Licogi 16 Joint-Stock Co. (LCG), a Ho Chi Minh City-based builder and property developer, dropped for the first time in four days, trimming 2.8 percent, to VND88,000.

Locogi plans to issue 4.6 million additional shares by the year’s end, according to a company statement on the exchange’s website.

Vietnam Sun Corp. (VNS), a provider of travel services, fell 1.9 percent, to a 13-day low of VND50,500.

The HCMC-based company has agreed to raise its pay to its drivers after they complained that higher fuel costs were cutting their incomes, Vietnam Sun said on the bourse’s website. The company will raise drivers’ pay 2.5 percent, the statement said. The increase will bring up the company’s costs.

Saigon Telecommunication & Technology Corp. (SGT), an Internet and software-services provider, jumped 4.6 percent, the biggest gain in five weeks, to VND25,000.

The company, known as SaigonTel received a VND1.5 trillion (US$84 million) loan to accelerate a $1.2 billion software park project, according to a company statement on the exchange’s website.

Lilama 10 Joint Stock Co. (L10 VN), rallied for a fourth day, climbing 4.9 percent, to VND27,700, the highest since March 17, last year. The Hanoi-based machinery producer has won a VND157 billion contract to provide equipment and upgrade electricity generators to the Thac Bac hydropower plant, according to a statement on Thac Ba’s website.

Huu Lien Asia Corp. (HLA), the fourth-biggest listed steel company on the bourse, advanced 4.9 percent, to a record high of VND36,700.

BIDV Finance Investment Co. will buy 300,000 shares to raise its holding in Huu Lien to more than one million shares, 5.5 percent, from less than four percent at the present, according to the exchange’s website.

The HNX-Index of the smaller exchange in Hanoi made a contrast move, edging up 1.45 points, 0.81 percent, to finish at 181.08.

At the unlisted stock exchange UPCoM, the UPCoM-Index also rose slightly 0.47 points, 0.71 percent, to 66.63 as of 11 pm.

Source: SGGP

VN launches banking information management system

In Vietnam Banking Finance on September 23, 2009 at 11:34 am

A project to develop a financial sector modernization and information management system with funding from the World Bank and Japan was officially launched at a seminar held in Hanoi on Sept. 22-23.

The project, scheduled to last from now to 2014, has a total investment of over US$71.8 million, including US$60 million in loans from the WB, US$830,000 from the Japanese government, and the remainder from the Vietnamese State as counter-capital.

The project is designed to assist the State Bank of Vietnam (SBV), the Credit Information Centre (CIC) and Deposit Insurance of Vietnam (DIV) to improve operations to meet international regulations by increasing their institutional capacity and building a centralized information management system.

The project comprises three components with the first and the most important aiming to modernize the SBV and the two others focusing on the CIC and DIV.

Addressing the seminar, SBV Governor Nguyen Van Giau stressed that the project shows the WB’s timely and valuable support for Vietnam in general and the SBV in particular, especially in the context of the global economic slowdown.

He expressed thanks to the donors for their assistance to banking sector reform and pledged to effectively use the capital.

Banking and financial experts from the WB, Vietnam , Thailand and Sri Lanka discussed the risks of implementing the project, financial management mechanisms, policies and procedures for procurement bidding on the project, and heard about experiences from Thailand and Sri Lanka .

According to the SBV, the central bank and WB signed ten projects and preferential loans worth nearly US$1.5 billion for the 2009 fiscal year.

At a signing ceremony for an urban upgrade project early this month, the WB Vietnam Director, Victoria Kwakwa, said that with the two sides’ efforts, WB’s loans provided to Vietnam in the 2010 fiscal year would reach US$2 billion.

Source: SGGP

Swine flu deaths low compared with neighboring countries, says official

In Vietnam Health on September 23, 2009 at 11:33 am

Despite an increase in fatalities and infected people in recent days, a health official recently said the death toll in the country is still low compared with other countries in the region.

Dr. Nguyen Van Binh, deputy head of the Department of Preventive Medicine and Environment, part of the Ministry of Health, said Malaysia had reported 76 facilities while Thailand had 153 A/H1N1 related deaths.

It should be noted that most deaths were people with chronic disease or women who have just given birth and were admitted to medical facilities too late, Dr. Binh stressed.

Unlike Vietnam, at present, the pandemic is out of the control in some countries, he added.

Vietnam confirmed 167 more cases of A/H1N1 infection on September 22, raising the country’s total number to 7,362 with nine fatalities.

Source: SGGP

Windsor Plaza to rock Saigon with Oktoberfest

In Vietnam Culture on September 23, 2009 at 11:33 am

For the fifth year in a row, Windsor Plaza Hotel, in cooperation with the German Business Association (GBA), will give everyone a blast of traditional Germanic culture with the annual Oktoberfest.

German Ambassador Rolf Schulze performs the “O’zapft is”, the traditional tapping of the first beer barrel that signals the opening of the festivity, at Oktoberfest 2008 in Windsor Plaza Hotel (Photo courtesy of Windsor Plaza Hotel)

This year’s Oktoberfest, which will run for six days, begins October 6.
Visitors can enjoy live music, dancing, authentic German food and beer and a party through to October 11.
The GBA is coordinating the event. One of the GBA’s missions is to build a relationship between Germany and Vietnam, and Oktoberfest is one of many cultural events GBA has organized to cement this relationship.
The hotel’s Jade Ballroom will play host to Ho Chi Minh City’s 18th Oktoberfest, and may be the country’s biggest ‘beer tent.’
Visitors can party the night away with all the draught Krombacher and bottled Schneider Weisse beers they can drink. A champagne bar with German Schnapps is also open to everyone.
Matching the drinks is a massive German buffet with plenty of sausages, sauerkraut, pork knuckle, pretzels, potato salad and lots more.
Oktoberfest will feature live music by the German band, “Trenkwalder,” a modern, young, dynamic but especially authentic music band.
At this return, the band led by charismatic lead singer Hubert Trenkwalder will entertain guests with folk songs played in a rock style.
Other entertainment and activities include Bavarian Log Buster, the Draw Well, and a game for couples called the Stone Labyrinth. 

German band Trenkwalder play at last year’s Oktoberfest (Photo courtesy of Windsor Plaza Hotel)

The Jade Ballroom also features an art design that will give visitors the feeling they are in Bavaria.
Finally, each visitor will get the chance to take the experience home with a souvenir beer stein and many prizes to be won.
Oktoberfest will run from 6:30pm until late on October 6 to 10 and from 10am to 4pm on October 11 (Sunday).

For more information, contact Windsor Plaza Hotel at 18 An Duong Vuong St., Dist. 5, HCMC. Tel: (08) 3 833 6688.

Source: SGGP

Hanoi begins to celebrate Mid-Autumn Festival

In Vietnam Culture on September 23, 2009 at 11:33 am

The annual Mid-Autumn Festival is being celebrated in Hanoi’s old quarter with exhibition of Mid-Autumn products and toys, folk games, and musical shows.

A children’s dance performance in the opening ceremony of the Mid-autumn festival 2009 in Hanoi.

Organized since 2004, it is a part of a project titled “Organizing research into traditional festivals on Hanoi’s ancient quarter and Hoan Kiem Lake’s surrounds,” aimed at preserving and developing cultural characters and honoring the capital’s historical and cultural values.

The festival features an exhibition of Mid-Autumn products and toys, folk games, and musical shows at traditional markets on Hang Ma-Hang Luoc Street and Dong Xuan and the Hang Dao-Dong Xuan and Hang Giay pedestrians-only streets.

On October 3, the 15th day of the eighth lunar month, there will be a lantern parade, lion dances, a feast, and a children’s martial arts performance under the full moon.

Photographs and documents on the Mid-Autumn Festival and instructions for making traditional toys and moon cakes will be displayed at the Heritage House on Ma May Street from September 30 to October 3.

Authorities are encouraging families in Dong Xuan, Hang Dao, and Hang Ma wards to hang lanterns and prepare and serve the feast in front of their houses during the full moon.

The festival, organized by Hoan Kiem District, will go on until October 3.

Source: SGGP

Venice-winning film to debut at home

In Vietnam Culture on September 23, 2009 at 11:33 am

The premiere of Choi voi (Adrift or Lonely), by director Bui Thac Chuyen, will be shown at cinemas in Hanoi and Ho Chi Minh City on November 15, said a representative from Galaxy Studio, distributor of the film in Vietnam.

Actresses Hai Yen (L) and Pham Linh Dan (R) in a scene in the film Choi voi (Adrift)

After this, the film, which won the Fipresci International Critics’ Prize at the 66th Venice Film Festival, will be presented in other cities and provinces nationwide.

The film starred actress Pham Linh Dan and actor Johnny Tri Nguyen.

They will travel to Thailand with director Bui Thac Chuyen on September 23 for the 2009 Bangkok International Film Festival.

An overseas Vietnamese actor, Dustin Nguyen, has also been asked to grace the red carpet.

Choi voi will compete for the Main Competition prize at the film fest.

Eighty films from across the world will be showcased at the Thai film fest from September 24 to 30 , which has two competitive prizes, including the Main Competition for films by first and second-time directors – and the Southeast Asian Competition for films from the region.

Related articles:

Vietnamese film wins award at Venice Film Festival
Vietnamese film to compete in Venice Film Festival

Source: SGGP

Mrs World arrives to grace Vietnam pageant

In Vietnam Culture on September 23, 2009 at 11:32 am

The 2008 Mrs World, Natalia Shmarenkova, arrived in Vietnam on September 21 for the ongoing Mrs. Vietnam Pageant that wraps up on September 26.

               Mrs. Wolrd 2008 Natalia Shmarenkova

The Ukrainian held a short press conference at HCM City’s Tan Son Nhat Airport and met fashion designer Ngo Nhat Huy to be measured for an ao dai.

She will wear the traditional tunic for the final night of the Mrs. Vietnam Pageant on September 26.

Earlier, she will take part in all activities with the contestants.

Married in 2003, Ms. Shmarenkova is more known as a pop singer and model in Ukraine. She also acted in a Hollywood movie “The accident.”

She promised to return for the 2009 Mrs. World Pageant, also to be held in Vung Tau in November, with her husband, Kyiv Post publisher Mohammad Zahoor.

Related article:

Mrs. Vietnam pageant begins in Vung Tau

Source: SGGP

East Asia tourism forum agrees to expand links

In Vietnam Travel on September 23, 2009 at 11:32 am

Provincial authorities from 10 East Asian countries signed several agreements to develop tourism, especially by air and water, at the 9th East Asia Inter-Regional Tourism Forum (EATOF) held on September 8 and 9 in Gangwon, Korea.

Ha Long Bay, Vietnam’s most famous World Heritage site in Quang Ninh Province.

Delegates agreed to vote for Vietnam’s Halong Bay as one of the world’s seven natural wonders, add two more members — Lao’s Luang Prabang and Cambodia’s Siem Reap — and chose Vietnam’s Quang Ninh Province to be the host of the 10th EATOF next year.

Established in 2000, the EATOF groups Cebu (Philippines), Chiang Mai (Thailand), Gangwon (the Republic of Korea), Jilin (China), Primorsky (Russia), Quang Ninh (Vietnam), Sarawak (Malaysia), Tottori (Japan), Tuv (Mongolia), and Yogyakarta (Indonesia.)


Source: SGGP


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