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Archive for October 24th, 2009|Daily archive page

Vietnam Airlines to open new air routes

In Vietnam Travel on October 24, 2009 at 3:03 am




Vietnam Airlines to open new air routes


QĐND – Thursday, October 22, 2009, 21:1 (GMT+7)

Two new direct domestic air routes will open on October 24 and 27 respectively, announced Vietnam Airlines.


The Hanoi-Tuy Hoa route will have 3 flights a week on Monday, Wednesday and Saturday using Fokker 70s which depart from Hanoi at 7h30 and arrive in Tuy Hoa at 9h55.


The Hanoi-Pleiku route will have 4 flights a week on Tuesday, Thursday, Friday and Sunday, also using the same aircraft which take off from Noi Bai International Airport at 7h and land in Pleiku at 8h30. The return flight leaves Pleiku at 9h15 and arrives in Hanoi at 10h40.


Pleiku airport now has only 7 flights a week from Pleiku via Da Nang to Hanoi and 11 flights a week from Pleiku to Ho Chi Minh City.


The Pleiku route will help passengers reduce their fare cost and travel time by 35 minutes.

Source: VOV

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Vietnam Airlines to increase international flights

In Vietnam Travel on October 24, 2009 at 3:02 am




Vietnam Airlines to increase international flights


QĐND – Friday, October 23, 2009, 21:15 (GMT+7)

The national flag carrier, Vietnam Airlines, will increase the number of flights on several international routes starting Oct. 26, the airline spokesman has announced.


On routes to Europe, the carrier will add one flight per week for both Ho Chi Minh City and Hanoi on routes to Paris, France, and Frankfurt, Germany.


On routes to other Asian countries, Vietnam Airlines will double the number of flights from Ho Chi Minh City to Bangkok, Thailand, adding one flight everyday for a total of 14 a week.


The airline will add two flights a week out of both Hanoi and Ho Chi Minh City to Pusan, the Republic of Korea, bringing the total to 10.


In order to meet the higher demand on the occasion of the traditional Lunar New Year’s festival (Tet), the airline plans to increase its transport capacity by 20 percent by using bigger planes on domestic routes from Hanoi to Ho Chi Minh City and from Ho Chi Minh City to Da Nang city during February 2010.


Source: VNA


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Laos beat Coal to third place

In Vietnam Sports on October 24, 2009 at 3:02 am




Laos beat Coal to third place


QĐND – Friday, October 23, 2009, 21:14 (GMT+7)

Laos took third place in the International Women’s Football Tournament after beating Coal and Minerals 2-1 in Quang Ninh province’s Cua Ong Stadium on Oct. 22.


As the host, Coal and Minerals needed only a draw to fulfill their goal of being in the top three.


Laos were totally transformed as a team when they chose to go on the attack. Their tactic almost paid off in the eighth minute of the match when Sophavanh Phayvanh fired a shot over goalkeeper Nguyen Thanh Hao but it hit the right upright.


A clear chance missed inspired the visitors, who will host the Southeast Asian Games later this year.


After that near miss, they wasted no time launching another attack.


Laos were given a free kick on the right wing after Vietnamese defenders brought down a Lao striker. The free kick unsettled Vietnam’s Dang Thi Ly, who in trying to head the ball away scored an own goal in the 10th minute.


It was Ly’s second own goal of the tournament. She scored an own goal in the opening match of the tournament on October 16 against Thailand.


It was also Laos’ first goal of the tournament.


Head coach Doan Minh Hai rotated Bui Thi Phuong, Vu Thi Lanh, Le Thi Hien and Le Thi Hoai Thu to test Lao goal keeper Chulapan but she was more than up to the task until the host team scored five minutes after the break. Phuong received a perfect pass from Vu Thi Hien before making a solo run from midfield to the penalty area and levelling the score.


The host team began to take control of the game and Phuong, Tuyet, and Thu created a number of chances, but they all went unconverted.


In the 75th minute, Phuong came face-to-face with Chulapal but the Vietnamese’s shot was too light and was easily saved.


Chulapal then made a great throw to start a counter-attack by Phayvanh who fired a shot into the right corner.


Laos took three points from the game and pocketed 20 million VND (1,450 USD) for coming third. Coal, who finished in second place last year, ended the tournament with three losses.


The final match of the tournament today is between the national teams of Vietnam and Thailand . The winner of the game will take the trophy and a cash prize of 40 million VND (2,900 USD). The runners-up will get 30 million VND.


Source: VNA


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Gia Lai targets 125,000 ha of rubber trees by 2015

In Vietnam Economy on October 24, 2009 at 3:02 am




Gia Lai targets 125,000 ha of rubber trees by 2015


QĐND – Thursday, October 22, 2009, 21:2 (GMT+7)

The Central Highland province of Gia Lai has zoned off between 120,000-125,000 ha for rubber growing by 2015 and the area is expected to increase to 130,000-135,000 ha by 2020. 


The province now has 76,700 ha of rubber trees and the remaining will be developed from poor natural forests and bare forest land. Most of the new plantations will be in south-western districts such as Duc Co, Chuprong, La Grai, Chu Se and Chupah. 


The expansion of rubber growing areas is expected to help improve the local people’s living conditions as the tree yields profit two times higher than cashew or short-term industrial crops. 


The number of workers involving in rubber production now accounts for 11.2 percent of the province’s total 390,000 agro-forestry labourers. 


In the future, if the province’s scheme is achieved, the rubber sector will create jobs for around 70,000 labourers.


Source: VOV


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BIDV, RoK bank sign agreement on import-export support

In Vietnam Economy on October 24, 2009 at 3:02 am




BIDV, RoK bank sign agreement on import-export support


QĐND – Thursday, October 22, 2009, 21:2 (GMT+7)

The Export-Import Bank of the Republic of Korea (Kexim) will finance the Bank for Investment and Development of Vietnam (BIDV) to facilitate the latter’s credit provision for transactions relating to goods and services imported from the RoK.


Supporting forms will be either import credit supply for short-, medium- or long-term periods, a confirmation and guarantee of deferred payment L/C, or a bill of exchange, according to the framework agreement signed between the two sides in Hanoi on October 21.


The BIDV has set up agency with 15 RoK banks and put limits on four banks, namely the Korea Economic Bank (KEB), WOORI, Kexim and the Korea Development Bank (KDB). 


Kexim bank is an official export credit agency providing comprehensive export credit and guarantee programmes to support RoK enterprises in conducting overseas business. 


Its primary services include export credit, trade finance, guarantee programmes, overseas investment credit, development credit, import credit, and information services related to business opportunities abroad. 


The bank is responsible for the operation of two government funds: the Economic Development Cooperation Fund (EDCF), an RoK Official Development Assistance programme, and the Inter-Korean Cooperation Fund (IKCF), an economic cooperation programme with the Democratic People’s Republic of Korea.

Source: VNA

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5,500 tonnes of poly propylene to be shipped to Japan

In Vietnam Economy on October 24, 2009 at 3:01 am




5,500 tonnes of poly propylene to be shipped to Japan


QĐND – Friday, October 23, 2009, 21:15 (GMT+7)


Dung Quat oil refinery is expected to ship 5,500 tonnes of propylene to Japan on Oct. 23.

The country’s first refinery, which is located in the central Quang Ngai province’s Binh Son district, resumed operation on Oct. 1 after 20 days of tackling with a problem with its residue fluid catalytic cracking system.


Its capacity is being raised from 65 percent to 100 percent. At present, 13 out of its 14 technical workshops are operating in a stable condition and turning out eight commercial products and the remaining one which treats sulphur will be operated in the next few days.


To date, the refinery sold 18,500 tonnes of liquefied petroleum gas, 55,000 tonnes of A92 petrol, 8,000 tonnes of kerosene, 49,000 tonnes of diesel, 17,000 tonnes of fuel oil and 1,200 tonnes of propylene.


Earlier, the refinery imported an additional 80,000 tonnes of crude to serve its operation at its full capacity by the end of this month.


At full capacity, the refinery will produce annually 1.9 million tonnes of petroleum, 3 million tonnes of diesel, 290,000 tonnes of liquefied petroleum gas, 110,000 tonnes of propylene, 410,000 tonnes of jet fuel, and 320,000 tonnes of fuel oil.


Source: VNA


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Prime rate to stay unchanged at 7 percent

In Vietnam Economy on October 24, 2009 at 3:01 am




Prime rate to stay unchanged at 7 percent


QĐND – Friday, October 23, 2009, 21:14 (GMT+7)

The State Bank of Vietnam would keep the prime interest rate unchanged at 7 percent in the last quarter to sustain the economic recovery, its chief said.


Governor Nguyen Van Giau said increasing the rate would send prices rising and generally make economy uncompetitive.


“The economy continues to show clear signs of recovery,” he added.


Growth in deposits and credit dropped respectively from 10.65 percent and 12.45 percent in the second quarter this year to 4.44 percent and 7.58 percent in the third quarter.


In the fourth quarter, deposits were expected to grow by 0.27 percent a week, he said, meaning they could only rise by a maximum of 2.1 percent in the next eight weeks.


With deposits expected to remain at modest levels, credit growth too was unlikely to be high, he said.


Source: VNA


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Two more swine-flu deaths lift total to 26

In Social life on October 24, 2009 at 3:01 am




Two more swine-flu deaths lift total to 26


QĐND – Thursday, October 22, 2009, 21:2 (GMT+7)

A woman and a child have died of A/H1N1 flu, bringing the country’s total fatalities to 26 out of 10,268 cases of infection, according to Nguyen Huy Nga, Director of the Preventive Medicine and the Environment Department under the Ministry of Health.


Nga was speaking on October 21 at the weekly meeting of the National Steering Committee for A/H1N1 flu pandemic prevention.


The 60-year-old woman residing in Son Dong District, Bac Giang province, suffered from diabetes, high blood pressure and kidney failure.


Mr. Nga warned that 60 percent of the patients were female, 25 percent of which were pregnant.


Meanwhile, the 20-month-old girl in Central Da Nang City suffered from coughing and high fever.


It is expected that more than 900,000 people who belong to high-risk groups will be prioritised for A/H1N1 vaccinations. If necessary, about 3.3 million selected people will be vaccinated against A/H1N1 flu prevention nationwide.


The World Health Organisation reported on October 15 that the organisation has put Vietnam on the list of nations to be provided with A/H1N1 vaccines.


According to the health ministry, from now until 2010, the WHO will supply more than 1 million vaccine doses for nearly 2 percent of Vietnam’s population.


The amount may increase but will not amount to more than 10 percent of the population. The donated vaccines are expected to be sent to Vietnam in the last quarter of this year.


The Ministry of Health has also bought between 500,000 and 1 million doses of the vaccine from WHO-recognised pharmaceutical companies.

Source: VOV

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More aid to victims of storm Ketsana

In Social life on October 24, 2009 at 3:01 am




More aid to victims of storm Ketsana


QĐND – Thursday, October 22, 2009, 21:2 (GMT+7)

The National Fund for Vietnamese Children has provided an aid package worth VND500 million (around US$28,000) to nine central and Central Highland provinces hit by storm Ketsana. 


The beneficiaries include Quang Nam, Quang Ngai, Kon Tum, Gia Lai, Thua Thien-Hue, Da Nang, Quang Tri, Quang Binh and Binh Dinh.


Nguyen Thi Binh – former State Vice President, Chairwoman of the Sponsoring Council of the fund, is on a visit to Quang Nam province and Da Nang city to hand over part of the aid to children in the two localities. 


On the occasion, the Phuong Dong Garment Company sent through the fund 6,000 shirts worth nearly 54 million VND to Quang Nam province, Da Nang city and Quang Ngai province. 


On October 20, the fund coordinated with the Vietnam Dairy Products Joint Stock Company (Vinamilk) to give boxes of milk to two primary schools in Quang Nam province. The donation will be sufficient for 1,000 children to drink twice a day within the next two months. 


This forms part of activities under the programme providing six million cups of milk for poor Vietnamese children initiated by the fund, Vinamilk and the Ministry of Education and Training. 


The programme has set a target to give 6 million cups of milk worth VND25 billion to 48,000 disadvantaged pupils.

Source: VOV

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GE Launches $250 Million Healthymagination Fund

In Social life on October 24, 2009 at 3:01 am




GE Launches $250 Million Healthymagination Fund


QĐND – Thursday, October 22, 2009, 21:2 (GMT+7)

PANO – New equity investment fund to invest in high potential healthcare technology companies; Supports GE’s global Healthymagination initiative, focusing on cost, access and quality.


GE (NYSE: GE) announced on October 21st the formation of the “GE Healthymagination Fund”, a new equity fund that will make investments in highly promising healthcare technology companies.  The fund will invest in companies globally that have innovative diagnostic, IT, and life sciences technologies aligned with the strategic objectives of GE’s Healthymagination initiative.  The fund will also support healthcare companies developing innovative and unique business models and services. 


The formation of the fund is part of GE’s $6 billion Healthymagination initiative, a global commitment to deliver better healthcare to more people at lower cost.   The fund will target three broad areas for investment:


·        Broad-based Diagnostics, including imaging, home health, patient monitoring, molecular diagnostics, pathology, novel imaging agents and other technologies for disease diagnosis. 


·        Healthcare Information Technology, including electronic medical records, clinical information systems, healthcare information exchanges and value-added data services.


·        Life Sciences, including tools for research and development in biopharmaceuticals and stem cells, and technologies for manufacturing of biopharmaceuticals and vaccines.


The fund will draw on capabilities from across GE Healthcare, GE Capital and GE Global Research, and will have a global footprint.


“The creation of the GE Healthymagination Fund reaffirms our commitment to innovation in healthcare to bring better health to more people,” GE Chairman and CEO Jeffrey Immelt said.  “As GE works on solutions to healthcare’s biggest challenges, it is vitally important that we support the development of companies with promising technologies or business models that are aligned with our strategy and have the potential to shape the future of healthcare.  This includes smarter processes and technologies that measurably increase access to healthcare, reduce the cost of delivery and improve quality.  The Healthymagination Fund gives us an opportunity to work with emerging companies to support their development, as well as provide them access to our technology base and our global presence.“


“GE is able to offer a unique proposition to promising healthcare companies,” Immelt said.  “In addition to providing growth capital and investment expertise, through this fund we offer entrepreneurs the opportunity to work directly with a global leader in healthcare technology in areas of mutual interest.”

Reported by Thu Nguyen

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