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Archive for October 11th, 2009|Daily archive page

Hanoi to host National Tourism Year 2010

In Vietnam Travel on October 11, 2009 at 1:45 pm




Hanoi to host National Tourism Year 2010


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)


A ceremony was held in Hanoi on October 10 to celebrate the 999th anniversary of the capital and announce the National Tourism Year 2010.

In his opening speech, Hanoi Mayor Nguyen The Thao noted that 999 years ago King Ly Thai To issued the Edict on the Transfer of the Capital, moving the capital from Hoa Lu (in Ninh Binh province) to Thang Long citadel (now Hanoi). Despite many upheavals of history, Hanoi became the assembly point of scholars, diverse cultures and ethnic groups from across the country. It is now the country’s political, administrative, economic, cultural, educational, scientific and technological centre.


Deputy Prime Minister Nguyen Sinh Hung handed over the symbolic flag of the National Tourism Year 2010 to Mr Thao.


Nearly 1,000 artists, actors and actresses entertained local audiences with special art performances that feature the distinctive cultural identity of Thang Long-Hanoi and promote the city’s friendly and attractive image to visitors.


The Tourism Year 2010 is closely linked to celebrations of the capital’s 1,000th anniversary. It will include nine major programmes and almost 30 activities, including tourism and cultural festivals and sports games. This is a good chance for Hanoi to show off the image of the City for Peace to local and foreign visitors.


Source: VOV


Source: QDND

Outstanding entrepreneurs presented with Thanh Giong Cup

In Vietnam Economy on October 11, 2009 at 1:45 pm




Outstanding entrepreneurs presented with Thanh Giong Cup


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

As many as 100 entrepreneurs were honoured at a ceremony in Hanoi on October 10 for their outstanding performances in terms of enterprise development, contributions to the economy and community, and improving workers’ living conditions.


At the ceremony, State President Nguyen Minh Triet presented the Thanh Giong Cup to the most excellent representatives of the local business community.
President Triet said amid the adverse impact of the global economic-financial crisis, the success of the businesspeople is of great significance.


The Vietnamese business community has joined efforts with the entire Party and people to lift the national economy out of difficulties to maintain steady growth. Vietnam’s forecast GDP growth of 5 percent this year has demonstrated the all-out efforts of the entire Party and people, including the business circle’s remarkable contributions.


Mr Triet encouraged businesses to work harder to overcome difficulties and further contribute to national development.
Source: VOVNews/VNA


Source: QDND

Discussion on the roles of Vietnamese businessmen

In Vietnam Economy on October 11, 2009 at 1:45 pm




Discussion on the roles of Vietnamese businessmen


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

A forum titled “To bring into full play the role of Vietnamese businessmen in the new era” was held on October 10th by the Vietnam Chamber of Commerce and Industry (VCCI) and Nhan Dan (People’s) Newspaper in the build-up to the Vietnamese Businessmen’s Day.


The main discussions at the forum were the role, status of Vietnamese businessmen in national modernisation and industrialisation; targets of domestic businessmen development and measures to improve the role of Vietnamese businessmen in the future.


President of VCCI, Doctor Vu Tien Loc, in his closing address, said that the business circle is now playing a very important part in national socio-economic development. Thus, Vietnamese businessmen should join together into a united bloc to overcome difficulties and contribute more to the nation.


He also promised to work with competent agencies to create a more favorable environment for businessmen.


Source: HNM – Photo: doanhnhan360


Translated by Thu Nguyen


Source: QDND

Liberty and Tien Phong team up

In Vietnam Economy on October 11, 2009 at 1:44 pm




Liberty and Tien Phong team up


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

A cooperation agreement was officially signed on October 10th in Hanoi between US life insurance company Liberty and Tien Phong Bank.


Under the agreement, the two sides will cooperate in providing insurance products for the Vietnamese bank’s clients.


Accordingly, the bank’s clients who apply for mortgage loans will be given insurance for their pledges at the bank.


In addition, clients of the bank, including individuals or organisations, can also access other insurance products and services, such as health, asset, accident, and tourism insurances, provided by Liberty at Tien Phong Bank.


Source: HNM


Translated by Thu Nguyen


Source: QDND

Reputable stock brand names honoured

In Vietnam Economy on October 11, 2009 at 1:44 pm




Reputable stock brand names honoured


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

The second annual ceremony to present “reputable stock brand names” golden cup awards for 156 companies listed and unlisted on the Vietnam Stock Market was held in Hanoi on October 11.


At the ceremony, Nguyen Thanh Ky, general secretary of the Vietnam Association of Securities Businesses said that the jury chose 100 listed companies, 30 unlisted companies, and 26 brokers to receive awards.


This year’s recipients included the Vietnam Construction Import-Export Joint Stock Corporation, the Vietnam Milk Joint Stock Company, the Vietnam Oil and Gas Insurance Joint Stock Corporation, Bao Viet Insurance JSC, Tay Ninh Rubber JSC, the Joint Stock Bank for Foreign Trade of Vietnam, and the Military Commercial Joint Stock Bank.


The awards honour businesses’ success nine years after listing on the stock market and their achievement of equitisation.


With a combined owner equity of more than VND170,000 billion, total assets of VND850,000 billion and turnover of more than VND350,000 billion, the winning businesses annually make a significant contribution to the stock market and national economic development.


Last year, 142 businesses received such awards.

Source: VOV

Source: QDND

Vietnam sets higher taxable prices for imported cars

In Vietnam Economy on October 11, 2009 at 1:44 pm




Vietnam sets higher taxable prices for imported cars


QĐND – Sunday, October 11, 2009, 20:35 (GMT+7)

The General Customs Department has set higher minimum taxable prices for more than 600 imported car models, following allegations that local importers have used under-invoicing to evade taxes.


Taxable prices for all imported cars, both new and used, will be between 3 and 20 percent higher, which can translate to an increase of thousands of US dollars, local newswire VnExpress reported Friday.


An Acura MDX imported from Canada, for instance, was priced at US$33,000 at Vietnamese ports, but now customs will tax the vehicles on a price of no less than $37,000, even if the actual price is lower, the newswire said.


Fair but expensive


A car importer in Ho Chi Minh City told VnExpress that the move would make competition more fair among businesses, but he said it would also drive retail prices up.


“In the end, it is still consumers who will be hurt,” he said, warning that incorrect pricing could violate regulations set by the World Trade Organization.


The decision to raise minimum prices for imported cars came after Vietnam’s carmakers said under-invoicing and other unfair competitive practices by auto importers were hurting them as well as the state exchequer.


The Vietnam Automobile Manufacturers’ Association has informed the Finance Ministry that some importers intentionally make invoice prices much lower than actual selling prices to reduce their tax obligations.


However, many car importers said they declared car prices based on their contracts with foreign sellers and thus it is not so easy to evade tax by under-invoicing as claimed by the automobile association.


They said the new price list was made in favor of the Vietnam Automobile Manufacturers’ Association. 


But VnExpress cited an official at the General Customs Department as saying that the decision was not a response to what the car association has said. It was necessary to update the price list regularly, he said.

Source: TN

Source: QDND

Vietnam confirms 88 more super-flu cases

In Social life on October 11, 2009 at 1:44 pm




Vietnam confirms 88 more super-flu cases


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

An additional 88 people were infected with the A/H1N1 virus on October 10, bringing the country’s total number of infections to 9,956 with 23 fatalities. 


The Department of Preventive Medicine and the Environment under the Ministry of Health (MoH) said that more than 8,950 patients have been discharged from hospital.


As the epidemic broke out in 59 out of 63 provinces and cities across the country, the MoH has urged the people to protect themselves and the community by implementing preventive measures. 


Source: VOV


Source: QDND

Over 16,000 people walk in support of Vietnamese products

In Social life on October 11, 2009 at 1:43 pm




Over 16,000 people walk in support of Vietnamese products


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

More than 16,000 people took part in a walk with the theme “Vietnamese people give priority to Vietnamese products” on the morning of October 11th, in Ho Chi Minh City.


Participants include businessmen, public workers, students and ordinary people.


People gathered in front of Thong Nhat Hall and then walked along April 30th Park and the roads of Dong Khoi, Ton Duc Thang, Nguyen Hue, Le Loi and so on.


This was an activity, held by the local Business Association, Sai Gon Businessmen Newspaper, the District No1 Sport Center and Businessmen Uniting Company, to echo a recent movement launched by the Politburo that encourages Vietnamese to use Vietnamese products against the backdrop of economic recession.  


The organising board also launched a support program for victims of the recent storm that will last until October 20th. More than VND 1 billion was raised on the morning.


Source: TT


Translated by Thu Nguyen       


Source: QDND

“MAC – ENTER 2009” held in Hanoi university of foreign trade

In Social life on October 11, 2009 at 1:43 pm




“MAC – ENTER 2009” held in Hanoi university of foreign trade


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

PANO – An information technology exhibition named “MAC – ENTER 2009” was opened today on October 11th in Hanoi University of Foreign Trade.


The expo, which was held by the University’s Marketing Club and sponsored by Vinaphone, aimed to show latest technologies.


There were many hi-tech products and services useful to students’ studying at schools.


As part of the expo, there will be music, dances and fashion shows performed by students.

Translated by Thu Nguyen   

Source: QDND

International half-marathon kicks off in Nha Trang

In Social life on October 11, 2009 at 1:43 pm




International half-marathon kicks off in Nha Trang


QĐND – Sunday, October 11, 2009, 20:34 (GMT+7)

About 250 runners from Japan, France, the US, Singapore, New Zealand and Vietnam took part in the first 2009 international half-marathon in the central coastal city of Nha Trang on October 11.


Althletes competed in five running events including 21km, 10km, 5km and 2.5km road races and 2.5km on sand.


The race was co-organised by the city’s Department of Culture, Sports and Tourism and Japan’s General Consulate in Ho Chi Minh City, with the sponsorships from Vietnamese and Japanese businesses.


It will help to strengthen the friendship between the two countries and promote Nha Trang as an ideal tourist destination to international friends.


Source: VOV


Source: QDND