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Archive for October 25th, 2009|Daily archive page

Experiencing the Tram Chim Market in high-tide season

In Uncategorized on October 25, 2009 at 5:34 pm

Experiencing the Tram Chim Market in high-tide season

QĐND – Saturday, October 24, 2009, 20:50 (GMT+7)

After visiting many landscapes in the Mekong Delta, tourists should go to the remote province of Dong Thap to feel its beautiful nature in high-tide season.

Most of the Dong Thap Muoi land is a huge low-lying area with an extensive indigo forest, meadow and lotus ponds which are considered the green lungs of the South. From the beginning of September, the area is immensely flooded giving a good opportunity for aquatic creatures to develop drastically. Why don’t you go to the Tram Chim Market in Tam Nong District of the province in high-tide season to discover many specialties of the Mekong Delta and to learn more about the culture and activities of the region.

Source: VNN

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Vietnam may attract US$25 billion in FDI in 2009

In Vietnam Economy on October 25, 2009 at 5:34 pm

Vietnam may attract US$25 billion in FDI in 2009

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

The country is forecast to attract US$25 billion in foreign investment in 2009, US$5 billion more than the set target, said Deputy Minister of Planning and Investment Cao Viet Sinh.

The forecast was based on FDI attraction in the first nine months of the year, which hit US$12.54 billion, and three newly-licensed projects valued at over US$7.8 billion.

The largest project is to build the Dragon Beach Resort in Dien Ban district, in the central province of Quang Nam, by the two US companies Tano Capital LLC and Global C&D Inc. The project includes an eco-tourism complex with entertainment, convention and international trade centres, at a total capitalisation of US$4.15 billion.

The second project is for the building of the Nhon Trach urban area in the southern province of Dong Nai worth US$2 billion by Malaysia’s Berjaya Land Bhd. It is the biggest foreign-invested project in Dong Nai so far.

The other project is the building of a ‘creative city’ by the US group Galileo Investment in the south central province of Phu Yen. The first phase of the project costs US$1.68 billion.

According to the Ministry of Planning and Investment, despite FDI attraction in 2008 hitting a record high of US$71 billion, the set target for 2009 was low in anticipation of the impact of the global economic slowdown.

Addressing the Vietnam-Korea Economic Cooperation Forum in Hanoi on October 21, Deputy Minister Sinh said that Vietnam’s FDI attraction is evidence of global economic recovery and investor trust in the country’s investment environment.

Of the FDI capital, US$7.2 billion was disbursed, equal to 90 percent of the same period last year.

Source: VietNamNet/VNA

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Southern Phu Yen economic zone founded

In Vietnam Economy on October 25, 2009 at 5:34 pm

Southern Phu Yen economic zone founded

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

Decision 1712/QĐ-TTg on the foundation of the Southern Phu Yen Economic Zone, issued on October 23rd, 2009 by the Prime Minister was announced on October 24th by Phu Yen Province.

Accordingly, the 15th national coastal economic zone will be built in an area of 11,500 ha, stretching from South of the Da Rang river, Tuy Hoa city to Vung Ro seaport, Dong Hoa district and will accommodate some 180,000 people, and the construction will be completed by 2015.

Present at the decision-announcing ceremony, President Nguyen Minh Triet and local leaders granted licenses to 3 large projects, including an inventive city on the southern bank of the Da Rang river invested by Galileo Investment of the USA.

At present, there are several infrastructural facilities available in the economic zone, including Tuy Hoa airport, Hoa Hiep industrial zone and Vung Ro deep water seaport.

According to calculations, the economic zone will join its sister project of Van Phong in Khanh Hoa to become a large complex economic zone that could boost socio-economic development in the Central Provinces and Central Highlands.

Source: DDDN

Translated by Thu Nguyen         

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157 companies to participate in Vietnam Oil and Gas Expo 2009

In Vietnam Economy on October 25, 2009 at 5:33 pm

157 companies to participate in Vietnam Oil and Gas Expo 2009

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

Vietnam Oil and Gas Expo 2009 will be held from October 29-31 in the Sai Gon Exhibition and Fair Center, Ho Chi Minh City.

According to the organising board, the expo will draw the participation of 157 companies from 20 countries and territories across the world, including large groups like Mitsubishi of Japan, Petronas of Malaysia and Galperti from Italy.

Officials said that a large number of advanced machines, equipment and technology in the oil industry will be brought to the expo by companies. In addition, the organising board will create conditions for companies to exchange information, sign contracts and deals during the event.

The event is co-organised by the Vietnam Oil and Gas Group (PVN), the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam Exhibition, Event and Advertisement Company (VCCI Expo and Exhibition of Hong Kong).

Source: DDDN

Translated by Thu Nguyen 


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Vietnam, Malaysia to step up cooperation in three areas

In Vietnam Economy on October 25, 2009 at 5:33 pm

Vietnam, Malaysia to step up cooperation in three areas

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

Vietnam and Malaysia on October 15 agreed to increase cooperation in various areas, especially in economics and trade, seafood exploitation and maritime security.

The agreements were reached during talks between Vietnam’s Deputy Prime Minister and Minister of Foreign Affairs, Pham Gia Khiem, and Malaysian Foreign Minister Datuk Anifah Aman on the sidelines of the 15th ASEAN summit in Cha-am and Hua Hin, Thailand.

Deputy PM Khiem said cooperation on the economy, trade and investment with Malaysia has been identified as one of the government’s priorities.

He asked the Malaysian Foreign Minister to consider investing in industrial zones in Vietnam, increasing the quota of Vietnamese workers permitted to work in Malaysia and promoting cooperation with Vietnam in tourism, education and oil and gas exploration.

Minister Aman said a number of Malaysian investors have expressed delight at business operations in Vietnam. A working visit to Vietnam will soon be organised for Malaysian enterprises that wish to seek trade and investment opportunities in the country, he added.

The two ministers also agreed to ask relevant agencies on both sides to negotiate a cooperation agreement on seafood exploitation in line with international laws and norms.

They emphasised the need to step up joint patrols in adjoining and overlapping waters.

Both ministers shared their satisfaction with the new progress in bilateral relations between the two countries, adding that both sides will soon complete an action plan on implementing a comprehensive cooperative framework of the 21st century.

Source: CPV




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Vietnam to ban raw natural resource exports: Party chief

In Vietnam Economy on October 25, 2009 at 5:32 pm

Vietnam to ban raw natural resource exports: Party chief

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

Vietnam will impose a ban on selling raw natural resources and focus on processing them, Communist Party Secretary General Nong Duc Manh said Wednesday.

“In the world, poor countries typically sell their natural resources while rich ones buy and process them [for re-selling], Manh said at a National Assembly meeting in Hanoi, “It’s time for us to focus on processing.”

Vietnam is shipping many of its resources abroad. For example, crude oil is one of the country’s top export earners. Crude oil shipments in the first nine months of this year valued US$4.77 billion, just after garments’ export turnover. Meanwhile, the nation currently imports almost all of its oil products.

Pham Khoi Nguyen, Minister of Natural Resources and Environment, said, “Ten years ago, no country wanted to engage in mining in Vietnam. But now, many are ready to explore mines in the country and then ship it back home. This is because they are expecting a crisis in natural resources in the near future.

Source: Thanh Nien, Tuoi Tre

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Report on rural female workers in post-WTO entry

In Social life on October 25, 2009 at 5:32 pm

Report on rural female workers in post-WTO entry

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

According to a report on the socio-economic impact of WTO admission on Vietnam’s rural women on October 20, rural women have plenty of opportunity to get jobs but often with low wages.

The report was conducted by the Institute of Labour, Science and Social Affairs, the United Nations in Vietnam and the ODA programme of the Australian government.

Around 250 women in the northern province of Hai Duong and the southern province of Dong Thap were interviewed for the report.

According to Ms Nguyen Thi Bich Thuy, director of the Research Centre for Female Labour and Gender (RCFLG), after carrying out international economic integration, these provinces have experienced socio-economic changes with rapid investment and urbanization, economic restructuring and considerable internal migration.

According to the report, two years after joining the WTO, the expansion of industrial parks (IPs) in the provinces has generated jobs for female workers. Most of enterprises are operating in the field of garments and textiles, leather and footwear, electronics, seafood and food processing which require numerous female workers.

The report also emphasized that IPs have attracted many female workers from neighbouring localities. Up to 90 percent of women interviewed said that their income has increased significantly thanks to going where the jobs are while the remaining 10 percent are still looking for jobs.

Simple job and low income

The report has also pointed out that although WTO entry has increased job opportunities for rural women in Vietnam, these are low-paying jobs. Female workers in the electronics sector earn the highest monthly income (VND2 million/month) while those working in the garment, textile and seafood sectors earn VND1.2-1.5 million per month.

Ms Thuy said that although the women’s income has doubled compared to that in the agricultural sector, they save only VND200,000-400,000 per month excluding the cost of rent. In addition, in peak season, they have to work 12-14 hours per day. Poor working conditions often affect their health.

Moreover, rural women also have to live in cramped housing with up to 30 people in a guest-house. Meanwhile, theft and disorder occurred regularly there.

Improve gender education

One of the ways to help rural women increase their income is to offer training courses. The report said that in the past two years, rural women have had many opportunities to access training in general and vocational training in particular. However, there remain limitations in vocational training.

Research has shown that a group of young women who graduated from high school, have had the opportunity to undergo vocational training courses, and find it easy to find jobs in the garment industry, and services sector. However, a group of women over 35 years old who have low educational qualifications, can only do simple jobs such as weaving rattan and bamboo. They earned only VND5,000-VND20,000 per day from these unstable jobs.

The report also offered proposals that local authorities and social and political organizations should integrate gender education into policies, plans and targeted national programmes, to reduce the impact of WTO entry on rural women and improve gender equality in Vietnam.

Source: VOV

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Internet access sites available everywhere in Vietnam

In Social life on October 25, 2009 at 5:31 pm

Internet access sites available everywhere in Vietnam

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

According to the Vietnam International Telecommunications Union (ITU), Vietnam is listed among the top 10 countries achieving the fastest Internet development in the world between 2002-2007.

The number of Internet users in Vietnam is higher than the average level in Asia but, despite this reality, the US House of Representatives has passed resolution H.RES.672 on freedom of the Internet in Vietnam.

A Radio Voice of Vietnam (VOV) reporter has interviewed the Deputy Minister of Information and Communication, Do Quy Doan on the issue.

Reporter: The US House of Representatives on October 21 passed resolution H.RES.672, saying that the establishment of the Department for Management of Broadcasting, Television, and Electronic Information in Vietnam has limited freedom on the Internet and censored personal blogs in Vietnam. What is your opinion?

Mr Doan: The establishment of State management agencies is the right of each country in line with the requirements, functions and tasks with which agencies and units are entrusted by the State and Government. The establishment aims to build mechanisms and create the best possible conditions for national development. However, that development must be put within the legal framework.

It (the US House of Representatives) claims that the establishment of the Department for Management of Broadcasting, Television, and Electronic Information is aimed at limiting freedom on the Internet or censoring blogs, I think this is a brazen distortion. In fact, every country has its own agency for broadcasting and television management, including the US. In my opinion, the only explanation for this is simple: misunderstanding or intentional misinterpretation.

Reporter:  In resolution H.RES.672, the US House of Representatives said that the Department for Management of Broadcasting, Television, and Electronic Information in Vietnam requests Internet service providers to provide them with information about Internet users who have violated regulations set by the Ministry of Information and Communications. What is your assessment of this information?

Mr. Doan: I don’t understand what basis they have to say this. The Department for Management of Broadcasting, Television, and Electronic Information is a counselor to assist the Ministry of Information and Communications in management in the field of broadcasting, television and electronic information. There is no way in which the Department has violated regulations set by the Ministry.

It should be seen that in the process of management, appropriate authorities always try to encourage the positive. All countries over the world see the two sides of using the internet. I think it’s necessary to encourage a service provider to cooperate with appropriate authorities to prevent harmful information.

Reporter: As a manager in field of broadcasting, television, how do you assess the development of internet services in Vietnam?

Mr. Doan: It has been 12 years since Vietnam accessed the internet for the first time on November 19, 1997. During this time, with the assistance of the State, the internet in Vietnam has developed quickly-the number of people using the internet in the country has now risen to 22 million, one-fourth of its population. The figure shows how widely the internet has spread in Vietnam. If it had kept under strict control, Vietnam wouldn’t have seen such a rapid speed of development.

Not long ago, during my visit to the US, I went to see one of my friends working at the Voice of America’s foreign relations department who had just come back from Vietnam. He said he was also told that there was a limit on the freedom to use the internet in Vietnam. However, he saw internet services everywhere in the country. Even at 12pm-1am, internet cafes were still busy.

Therefore, it cannot be said that Vietnam limits the use of the internet. If that were the case, there would not have been such an internet boom.

Reporter: Thank you very much.

Source: VOV

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Over 14 million people to participate in social insurance by 2015

In Social life on October 25, 2009 at 5:31 pm

Over 14 million people to participate in social insurance by 2015

QĐND – Sunday, October 25, 2009, 20:49 (GMT+7)

The number of people registering to buy social insurance is predicted to reach 14.4 million by 2015, according to Vietnam Social Insurance.

Also, by 2015, there will be 74 million people joining health insurance plans and over 7 million people getting involved in unemployment insurance.

Vietnam Social Insurance’s goal is to continuously to widen its customer base in social and health insurance and strive to bring social and health insurance to the whole population by 2014.

To this end, the social insurance industry widely disseminates information so that employers, employees and the public are thoroughly informed about social and health insurance.

Source: vietnamnet

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25 top students get English language scholarships worth $10,000

In Politics-Society on October 25, 2009 at 5:30 pm

25 top students get English language scholarships worth $10,000

QĐND – Saturday, October 24, 2009, 20:51 (GMT+7)

Twenty five students who topped entrance exams held by Ho Chi Minh City universities and junior colleges this year received scholarships worth US$10,000 (VND180 million) for English language training on October 22.

The city committee of the Ho Chi Minh Communist Youth Union, the Center for Student Support, and the Foreign Languages Center of Vietnam National University – Ho Chi Minh City, who gave away the scholarships, also awarded one worth $2,360 to Ho Ngoc Han who won the 2009 Olympia, a television game show for high school students.

They will award 50,000 scholarships worth VND1 million each to students who scored 20 points in the entrance exams. They will all study at the English Center.

On the same day, 40 scholarships worth VND1 million were given away to poor students at city universities and junior colleges by the city Youth Federation, the city Culture House, and Rock Café at HCMC University of Industry.

Source: SGGP

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