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Archive for March 29th, 2010|Daily archive page

Eintracht Frankfurt to play in Vietnam

In Uncategorized on March 29, 2010 at 2:40 pm




Eintracht Frankfurt to play in Vietnam


QĐND – Monday, March 29, 2010, 21:27 (GMT+7)

PANO – German football club Eintracht Frankfurt will have friendly matches with Dong Tam Long An football team and the Vietnamese national football team on May 12th and 14th in Thong Nhat stadium and My Dinh stadium, respectively.


This is an activity within a series of cultural and sports exchanges to celebrate 35 years of the establishment of diplomatic relations between Vietnam and Germany.


To prepare for the match with the German football team, the Vietnam national football team will be formed and gathered for training in Hanoi on May 1st, according officials.


Coach Henrique Calisto affirmed that all players with recent good performances will be called in.


Speaking of the match between the national team and Eintracht Frankfurt, he said that it is very important for the host as the national squad is under reconstruction and that it is a good test for Vietnamese footballers as they have a chance playing with a European high-profile football team. 


Beyond the meaning of a sport event, the matches can serve as a bridge of friendship between the two nations, officials said.


Meanwhile, Vice-Chairman of the German club, Thomas Proeckl said that the club’s leaders were happy when they received the invitation from Vietnam, although they had known little about Vietnamese football. He affirmed that Eintracht Frankfurt will bring its best players to Vietnam this time.

Translated by Thu Nguyen

Source: QDND

Nearly VND 7,000 billion to be invested in Nghi Son

In Uncategorized on March 29, 2010 at 2:40 pm




Nearly VND 7,000 billion to be invested in Nghi Son


QĐND – Monday, March 29, 2010, 21:24 (GMT+7)

VND 200 billion is planned to be invested in the Nghi Son Economic Zone to build and develop the infrastructure there.


That will bring the total investment in infrastructure in the zone in 5 years (2006-2010) up to VND 1,231 billion, of which VND 915.4 billion comes from the State budget, VND 213.6 from Thanh Hoa Province and VND 102 billion from PetroVietnam.


So far, 28 infrastructure projects have been finished, 22 projects are underway and 15 others about to break ground this year.


Recently, the province and the Nghi Son management board have decided to further pour VND 6,819 billion into infrastructure in the period of 1011-2015.


Source: DDDN


Translated by Thu Nguyen


Source: QDND

Japan aids Vietnam with container screeners

In Uncategorized on March 29, 2010 at 2:39 pm




Japan aids Vietnam with container screeners


QĐND – Monday, March 29, 2010, 21:24 (GMT+7)

The Tan Cang-Cat Lai customs office under the Ho Chi Minh City Customs Department is about to receive X-ray container screeners worth US$ 9.6 million, aided by the Japanese Government.


Under the schedule, the machines will arrive in Vietnam on April 2nd.


With the assistance, Tan Cang-Cat Lai will become the Vietnamese first seaport to install the X-ray container screening system.


Tan Cang-Cat Lai is also the largest container port in Vietnam, which transports up 45 per cent of Vietnam’s total sea-going cargo.


The X-ray container screening system is expected to help the port operate more effectively and quickly.


Source: DDDN


Translated by Thu Nguyen


Source: QDND

Hoa Sen Goup to invest overseas

In Uncategorized on March 29, 2010 at 2:39 pm




Hoa Sen Goup to invest overseas


QĐND – Monday, March 29, 2010, 21:24 (GMT+7)

Hoa Sen Group, a Vietnamese company specialiing in steel sheet products, has just decided to for the first time pour its investment overseas, the group said on March 27th.


According to Le Phuoc Vu, CEO of the group, its representatives will go to Myanmar to sign a memorandum of understanding on a steel production project costing some US$ 300 million with the Myanmar Ministry of Industry.


Under the plan, the project is to build a plant near the country’s capital city that will make steel sheet and building materials.


At the same time, the group will open a representative office in the capital city and donate US$ 300,000 to the Myanmar National Football Squad.


According to the group’s Board of Directors, Myanmar is a potential market, and since October 2009, the group has exported its products to the country.


Source: TBKT


Translated by Thu Nguyen   


Source: QDND

Waste water plant built in Phu An Thanh

In Uncategorized on March 29, 2010 at 2:38 pm




Waste water plant built in Phu An Thanh


QĐND – Monday, March 29, 2010, 21:24 (GMT+7)

Phu An Thanh, on March 26th, broke ground for a waste water plant in its industrial zone of Phu An Thanh.


According to the investors, the plant will have a processing capacity of 10,000 cubic meters of waste water per day and the whole project will cost VND 26 billion.


Construction and Mechanics Company Tanimex (Tanicons) is entrusted to erect the plant in 7 months.


Phu An Thanh Company’s General Director, Lam Truc Nho said that the construction of the plant is a move to fulfill its commitments on environmental protection and preservation of fresh living environment for the community.


Source: DDDN

Translated by Thu Nguyen    

Source: QDND

Many exports to RoK see a sharp rise

In Uncategorized on March 29, 2010 at 2:38 pm




Many exports to RoK see a sharp rise


QĐND – Monday, March 29, 2010, 21:27 (GMT+7)

Most of exports to South Korea have seen a rise in the first months of 2010, bringing in US$ 203.54 million, up by 77.56 per cent year on year, according to statistics from the General Department of Customs.


Items that saw a sharp rise include means of transport and spare parts; garments, seafood and coal.


Means of transport and spare parts brought in the largest turnover of US$ 47.22 million in January or 23.2 per cent of the aggregate value of exports to the market and up by 227 per cent against the same time last year.


Garments ranked second with a turnover of US$ 29.2 million in the first two months, up by 115.23 per cent year on year.


Source: baocongthuong


Translated by Thu Nguyen 


Source: QDND

Private economic groups seek official recognition

In Uncategorized on March 29, 2010 at 2:38 pm




Private economic groups seek official recognition


QĐND – Monday, March 29, 2010, 21:24 (GMT+7)

The private business sector accounts for up to 60 percent of the Gross Domestic Product (GDP). However, private economic groups still need further recognition from the state and society to achieve stronger growth.


Given this, the Prime Minister has assigned the Ministry of Planning and Investment to join the Association of Young Entrepreneurs in proposing a model for private economic groups to be submitted to the government this October.


A conference on developing private Vietnamese economic groups was held recently in Hanoi. Participants in the event agreed that besides the issuance of a related legal document, more efforts are needed for the sustainable and substantial development of these enterprises.


Need for major private groups


At the conference, Truong Gia Binh, President of the Board of Directors of Vietnam’s FPT Group, stressed that first and foremost, the country must realize the pressing need for stronger growth and there must be groups which devote themselves fully to their commitments.


Mr Binh made this remark as he cited the rapid development of the Republic of Korea which has many world-leading economic groups.


According to Pham Dinh The, senior official of Phu Thai Group, the model of private economic groups in Vietnam remains nominal. The translation of this model into reality is unlikely to be possible without a pledge from the government.


Representatives of Japanese businesses attending the conference said Vietnamese companies have had no clear structure or differentiation of functions. By way of comparison, Japanese and Korean businesses have pyramid-shaped structures. At the top are global groups and at the base are major companies, and small- and medium-sized enterprises. This is a unified system, in which bigger companies transfer contracts to smaller ones.


In the meantime, Vietnamese companies are more like a disorganized pile of bricks.


The need to promote the development of private groups as economic engines is becoming increasingly urgent as state-owned groups manage 75 percent of the national assets but pay for only 28 percent of the state budget.


The government promulgated a decree in late 2009 which stipulates the establishment of some pilot state-run economic groups. According to the decree, these groups will play a mainstream role in the national economy and will enjoy preferential treatment in terms of capital, land and some monopoly rights.


Some expressed concern that this might deepen the inequality between state and private groups.


Participants in the conference believed that it would be very difficult to create giant groups through the spontaneous development of private enterprises, most of which are small- and medium-sized.


In any case, the government has shown its determination to work out a model for private economic groups, which takes into account different kinds of support from the government. Such a model will also have to handle such issues as institutional frameworks and global trademarks.


In the US and Europe, private groups were often established through mergers or expansion, which take a long period of time. The newly emerging economies such as Japan, China and the Republic of Korea, have taken shortcuts by using the state apparatus to boost the creation of strong groups.


“We can’t wait 200 years like the US did to have powerful private groups,” said Nguyen Manh Cuong, Vice President of the Association of Young Entrepreneurs. “Instead, the state will guide and promote such development.”

Source: VOV

Source: QDND

A project to stamp out child labour

In Uncategorized on March 29, 2010 at 2:37 pm




A project to stamp out child labour


QĐND – Monday, March 29, 2010, 21:27 (GMT+7)

The Ministry of Labour, Invalids and Social Affairs (MOLISA) in coordination with the Spanish Agency for International Cooperation for Development (AECID) and the Int’l Labour Organisation (ILO) organised a ceremony in Hanoi on March 29 for the signing of a EUR2.5 million project to help stamp out the worst forms of child labour in Vietnam.


According to the ILO’s investigative report, in 2006, Vietnam had about 930,000 children taking part in economic activities and there was an increasing trend of child labourers being forced to work hard.


The 4-year project aims to help some 5,000 child labourers get out of the bad working environment.


The project will help about 200 child victims of trafficking rehabilitate and re-integrate themselves into society.


The project will be carried out in 5 provinces and cities, including Hanoi, Lao Cai, Ninh Binh, Quang Nam and Dong Nai.


To benefit from the project, children working in a bad environment can call 18001567-a hotline of the MOLISA’s Child Care and Protection Department for assistance and timely intervention by appropriate authorities.


Source: VOV


Source: QDND

CPV Central Committee’s 12th conference wrapped up

In Uncategorized on March 29, 2010 at 2:37 pm




CPV Central Committee’s 12th conference wrapped up


QĐND – Monday, March 29, 2010, 21:23 (GMT+7)


The 12th conference of the Communist Party of Vietnam (CPV) Central Committee (10th tenure) concluded on March 28 after one week.

In his closing speech, Party General Secretary Nong Duc Manh highlighted the contents discussed at the conference.


He emphasised the significance of the event, saying this is an important step in preparation for the upcoming 11th National Party Congress.


The Party leader noted that the international situation and the revolutionary reality in our country require the CPV to firmly maintain its orientations and develop its political platform adopted in 1991 in line with the national development in the new era. “Moving towards socialism is the desire of our people and the correct choice of the CPV and late President Ho Chi Minh,” he said.


Mr Manh emphasised that in this transitional period, Vietnam aims to establish its basic economic foundation for socialism with a superstructure of politics, ideology and culture in order to build a prosperous nation. From now until the mid-21st century, the entire Party and people must work hard to create a socialist-oriented modern industrial country.


The Party General Secretary said in the past 10 years of implementing the 2001-2010 Strategy, Vietnam has gained remarkable achievements with an average annual economic growth rate of 7.2 percent to shed its under-developed nation status. By 2010, the total GDP had reached US$1,200/per capita and people’s living standard has improved considerably.


Over the next ten years, he said Vietnam will focus on boosting sustainable development and comprehensive renovation with the aim of building a prosperous, equal and civilised nation, promoting democracy and considering human as a key factor in national development. It will pay due attention to developing science and technology, and perfecting production relations in line with a socialist-oriented market economy with a high sense of independence and self-reliance in the context of deeper international integration.


In so doing, Vietnam expected to become a modern industrial country in 2010, have a stable socio-political situation and ensure better living conditions for the people, thus creating a firm foundation for the next period of development, Mr Manh said.


Referring to the Political Report to be delivered at the 11th National Party Congress, he said the focus will be on strengthening the leadership capacity and combative spirit of the Party, as well as bringing into full play the nation’s strengths to build Vietnam into a modern industrial country.


On personnel work, Mr Manh stressed that it is very important and essential to Party building to have a party central committee fully capable of fulfilling its tasks in the new stage if the revolution.


In conclusion, Mr Manh asked the Party Central Committee and local Party organisations to make and combine thorough preparations for the 11th National Party Congress with the successful implementation of the resolution of the 10th National Party Congress as well as the five-year (2006-2010) socio-economic development plan.

Source: VOV

Source: QDND

Highland education organisation honoured

In Uncategorized on March 29, 2010 at 2:37 pm




Highland education organisation honoured


QĐND – Monday, March 29, 2010, 21:24 (GMT+7)

The Highland Education Development Organisation (HEDO) and its Director were presented high distinctions at a ceremony in Hanoi on March 28 to mark the organisation’s 20th anniversary.


HEDO, a domestic non-governmental organisation, received the Labour Order, third class, while Director Trinh Ngoc Trinh was awarded the Labour Order, second class, by the State President for their outstanding contributions to developing education and improving health for people in Vietnam over the past 20 years.

Speaking at the ceremony, Trinh said that HEDO has carried out over 200 programmes and projects, benefiting people in mountainous areas of 43 cities and provinces across the country.

Those projects have helped build centres for illiteracy and provide equipment for vocational training centres and scholarships for students and teachers in mountainous areas to study in major education centres in the country and abroad.

Besides, HEDO has supported farmers in those areas in applying science and technology to production.

Source: VOV

Source: QDND