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Archive for April 15th, 2010|Daily archive page

Vietnam gets off to a flying start

In Uncategorized on April 15, 2010 at 6:10 pm

Vietnam gets off to a flying start

QĐND – Thursday, April 15, 2010, 21:3 (GMT+7)

Vietnamese mixed duo Le Ngoc Nguyen Nhung and Huynh Nguyen Khang advanced to play in the main round of the Yonex Sunrise Badminton Asia Championships.

The pair defeated Karuna Dinulsa and Chandrika de Silva of Sri Lanka 21-12, 17-21, 21-16 on April 13 in the second qualifier in New Delhi, India.

Vietnam’s key player Nguyen Tien Minh who is seeded No. 4 at the tournament will play the unknown Shao Wen Shu from Chinese Taipei, who is ranked No 259, in the men’s singles.

Minh, who is placed seventh in the world, expects to meet Malaysian Muhammad Hafiz Hashim, who Minh both beat and lost to in 2009, next round.

If the Olympian makes it to the quarter-finals, he will likely to challenge Boonsak Ponsana of Thailand, who he defeated 2-1 at the Thailand Open last year.

HCM City-based Nguyen Hoang Nam and Nguyen Hoang Hai will play in the men’s singles event. Nguyen Nhung is the only representative in the women’s singles event, after her teammates Nguyen Thi Binh Tho and Phung Nguyen Phuong Nhi lost in the qualifying rounds.

Similarly in the women’s tournament, four of the world’s top 10 players will play at the event.

Source: VNA/VOVNews


Source: QDND

PM Dung pledges better conditions for US firms

In Uncategorized on April 15, 2010 at 6:08 pm

PM Dung pledges better conditions for US firms

QĐND – Thursday, April 15, 2010, 21:4 (GMT+7)

Prime Minister Nguyen Tan Dung has vowed to create better conditions for US companies to do business successfully and take the lead among foreign investors in Vietnam.

PM Dung made the commitment during his separate meetings with leaders of leading US groups in Washington DC on April 14, which was jointly organised by the US Chamber of Commerce and the US-ASEAN Business Council.

He said, as a developing nation with limited socio-economic infrastructure and potential domestic market, Vietnam has mobilised all resources available to develop its infrastructure, especially in transport, energy, irrigation, health care and education sectors, along with boosting its production and exports.

As a result, Vietnam successfully managed to keep inflation at 6.52 percent and record an economic growth rate of 5.32 percent in 2009, while foreign direct investment reached US$21 billion and the pledged official development assistance exceeded US$8 billion for the 2010 fiscal year, PM Dung stressed.

Regarding future development directions, the PM said Vietnam is introducing a range of strategic solutions to lay a foundation for its rapid and sustainable growth, focusing on completing market economy institutions, creating an equal competition environment for all economic sectors, facilitating production and business activities, and accelerating its international economic integration.

The country will take full advantage of all resources available to upgrade its infrastructure, develop human resources, especially high-quality personnel, promote the application of scientific and technological advances, speed up administrative reforms, and strengthen the state management capacity, he noted.

In terms of investment incentives, the Government leader stated that Vietnam will continue to improve its environment to attract more foreign investment, with priority given to hi-tech projects, support industry, human resources and infrastructure development, farm produce processing, service industries with high added value and sectors that contribute greatly to the country’s exports and help ensure social security, environmental protection and national security.

The governments of Vietnam and the US have set up a ministerial-level Trade and Investment Framework Agreement (TIFA) Council, which serves as a forum for the two nations to discuss issues related to trade and investment policies and the implementation of commitments to the Bilateral Trade Agreement (BTA) and the World Trade Organisation (WTO).

The two countries are now negotiating the Bilateral Investment Treaty (BIT) and the Trans-Pacific Strategic Economic Partnership Agreement (TPP), the PM added.

Executives of US companies said they will continue to invest in Vietnam, particularly in information technology, finance, banking, infrastructures, education and training.

They urged the Vietnamese Government to iron out snags regarding transport systems, seaports, energy, skilled workforce, and administrative procedures to facilitate their long-term business in the country.

Despite negative impact of the global economic-financial crisis, two-way trade between Vietnam and the US reached US$15 billion in 2009, 10 times higher than 2001.

The US now has more than 500 valid projects with a combined registered capital of over US$15 billion, ranking 6th among 90 countries and territories investing in Vietnam. Last year alone, US investors registered to pour US$9.8 billion into Vietnam – the largest amount by foreign firms.

Source: VOV

Source: QDND

Dong Nai holds talks with FDI businesses

In Uncategorized on April 15, 2010 at 6:08 pm

Dong Nai holds talks with FDI businesses

QĐND – Thursday, April 15, 2010, 21:6 (GMT+7)

Officials from the southern province of Dong Nai on April 14 met with representatives of the province’s foreign businesses.

The meeting aims to understand more about difficulties businesses have with tax policies and work out solutions to iron out these snags by providing them with preferential conditions for production and tax contribution.

The FDI businesses’ proposals are focused mainly on tax policies including time frames for tax repayments, value added tax payments, regulations on capital contribution in phases and procedures when filling out personal income tax returns for workers.

The local officials answered all the questions and encouraged businesses to give them feedback for its administrative reform programme.

Source: VOV

Source: QDND

Vietnam, India eye stronger business ties in several fields

In Uncategorized on April 15, 2010 at 6:06 pm

Vietnam, India eye stronger business ties in several fields

QĐND – Thursday, April 15, 2010, 21:6 (GMT+7)

A delegation of eight leading Indian companies visited HCM City this week to seek cooperation in a number of fields, including energy, industrial machinery, steel, finance, real estate and tourism.

Speaking at a meeting on April 14, the president of the Indian Chamber of Commerce in Calcutta, V Sharan, said the visit would help promote trade and investment cooperation between the two countries.

The delegation includes the RPG Group, SMIFS Capital Markets Limited and Shree Baidyanath Ayurved Bhawan Pvt. Ltd.

Other members represent the Te Godrej steel furniture factory, the pharmaceutical company Ranbaxy, the pepper processing plant Vallabhdas Kanji Limited, Sudima International, Nagarjuna International and the KCP sugar plants – all operating in Vietnam.

Vo Tan Thanh, director general of the Vietnam Chamber of Commerce and Industry’s HCM City branch, said two-way trade turnover reached US$2.5 billion in 2008, a sharp increase from US$75 million in 1995.

Source: VNA



Source: QDND

200,000 tonnes of coffee to be kept in reserve

In Uncategorized on April 15, 2010 at 5:56 pm

200,000 tonnes of coffee to be kept in reserve

QĐND – Thursday, April 15, 2010, 21:4 (GMT+7)

The Prime Minister has allowed businesses to buy and stockpile a maximum of 200,000 tonnes of coffee from the 2009-2010 crop.

Accordingly, businesses will buy coffee for storage from April 15 to July 15, using State-subsidised loans with an interest rate of 6 percent/year for six months. 

The PM asked the Ministry of Agriculture and Rural Development (MARD) to work with the Ministry of Industry and Trade (MoIT) and the Vietnam Coffee and Cacao Association to define the volume of coffee in stock. Provincial People’s Committees are responsible for inspecting the use of State-subsidised loans to buy coffee for storage.

The Government leader also urged the MARD, the MoIT and other relevant ministries and agencies to map out a plan for coffee storage in June to control the price of coffee for export when the global price is likely to fall in the next few months.

Source: VOV

Source: QDND

Third Waste Recycling Day to take place in HCM City

In Uncategorized on April 15, 2010 at 5:38 pm

Third Waste Recycling Day to take place in HCM City

QĐND – Thursday, April 15, 2010, 21:4 (GMT+7)

The third annual Waste Recycling Day will take place in HCM City on April 18 to draw attention to environmental issues.

Dr Le Van Khoa, director of the HCM City Recycling Fund, said many children are preparing for the special day by saving their toys’ empty batteries, which are considered hazardous waste.

The main activities for the Waste Recycling Day will be held at Le Van Tam Park in the city’s District 1.

Prior to the big event, from April 13-17, the public will be welcome to deposit waste materials at gathering sites in the 11 districts.

The sites will take only hazardous waste items, including batteries, liquid batteries, bulbs and chemical bottles.

A total of 104 gathering sites will be manned by representatives from the HCM City Centre for Social Activities for Youth, youth unions and women’s unions.

The recycling day aims to publicise the three Rs in waste management: reduce-reuse-recycle.

Five activities before the Waste Recycling Day include a competition on a wide variety of objects made from waste materials, a video contest on the topic of the 3Rs, a fashion contest made from waste materials, a public speaking contest on the environment, and a slogan contest to promote the use of environmentally friendly bags.

During the recycling day, visitors will be able to exchange waste for new items during three activities.

In the Give Old for New event, people can exchange empty milk boxes or used paper for new ones.

During the Dump Waste for Gifts activity, pens, notebooks, key rings and kitchen utensils will be given in exchange for batteries, liquid batteries, bulbs and bottles filled with chemicals.

During the recycling day, an exhibition featuring contestants’ models made from waste, games on the 3Rs, art performances and fairs on recycled products will be held.

Thirty companies have agreed to join the special day as sponsors.

In addition to the chair, the city’s Department of Natural Resources and Environment, the event will involve many city government agencies.

Source: VNS/VOVNews

Source: QDND

Preventing child injury accidents in Vietnam

In Uncategorized on April 15, 2010 at 5:28 pm

Preventing child injury accidents in Vietnam

QĐND – Thursday, April 15, 2010, 21:6 (GMT+7)

Injury accidents among children have become a public health concern and are a leading cause of child fatalities in Vietnam.

This problem was discussed at a meeting co-organised by the Ministry of Labour, Invalids and Social Affairs and the United Nations Children’s Fund (UNICEF) in Hanoi on April 15.

A report announced at the meeting said that in 2007 alone, more than 7,890 Vietnamese children under the age of 19 were killed in injury accidents, half of them by drowning. Boys are at higher risk of injury accidents than girls. Injury accidents are more likely to occur in rural areas than in urban areas. Poverty was also a contributory factor to injury accidents.

According to Minister of Labour, Invalids and Social Affair Nguyen Thi Kim Ngan, Vietnam has made remarkable progress in preventing injury accidents among children since the Prime Minister approved a national policy on this issue for the 2001-2010 period.

Jean Dupraz, Deputy Representative of UNICEF in Vietnam, said that to effectively prevent child injury accidents, it is essential to build a comprehensive action plan and increase public awareness of children protection and health care.

Source: VOV

Source: QDND

VIFOTEC award presented to scientific innovators

In Uncategorized on April 15, 2010 at 5:17 pm

VIFOTEC award presented to scientific innovators

QĐND – Thursday, April 15, 2010, 21:6 (GMT+7)

The Vietnam Fund for Scientific and Technological Creations (VIFOTEC) award was presented to 39 winners of the 2009 competition for technical creativity in Hanoi on April 15.

The winners were announced by the Vietnam Union of Scientific and Technological Associations (VUSTA). They were selected from 105 entries in six categories – information technology and telecommunications, mechanics and automation, materials technology, environmental protection technology, energy saving technology, and applied biology.

Of the award winners, four won first prize, 10 second prize, 12 third prize, and 13 consolation prize. A female scientist was singled out by the World Intellectual Property Organization (WIPO) for her innovation in water drainage and environmental protection.

Since the first VIFOTEC competition in 1995, nearly 2,000 scientists have been awarded.

Source: VOV

Source: QDND

NA deputies discuss State budget collection and spending

In Uncategorized on April 15, 2010 at 5:04 pm

NA deputies discuss State budget collection and spending

QĐND – Thursday, April 15, 2010, 21:4 (GMT+7)

Participants in the National Assembly Standing Committee meeting in Hanoi on April 14 focused their discussions on State budget collection and spending in 2008 and 2009.

Minister of Finance Vu Van Ninh revealed that in 2008, total revenue from taxes and other sources was VND430 trillion (US$22.6 billion) against an earnings forecast of VND323 trillion (US$17 billion) – an increase of 33.3 percent.

Meanwhile, the year’s spending was nearly VND452 trillion (US$23.7 billion) or 13.5 percent over the forecast.

Mr Ninh said the 13.5 percent over-spending was mainly in the areas of development and subsidy for imported oil and gas.

According to Minister Ninh, by late 2008, the Government debt stood at 33.4 percent of the GDP, while the country’s foreign debt was 29.3 percent of the GDP. “These debt figures remain under control,” he said.

Meanwhile, in 2009, Mr Ninh said VND442 trillion (US$23.2 billion) was collected, 13.4 percent over the plan.

In an appraisal report, Dinh Trinh Hao, vice-chairman of the National Assembly’s Committee on Finance and Budget, said the 13.4 percent collected over the plan was a great achievement.

Most members said over-spending estimates for 2009 should increase to 6.9 percent of the GDP, as stated in last November’s NA meeting. They argued that the increase in over – spending would help ease inflation.

Lawmakers agreed with the Government’s proposals to transfer the remaining VND8.955 trillion from 2008 to the 2009 budget-spending plan and that it should be used on capital-construction activities and State credit schemes.

NA Vice Chairman Nguyen Duc Kien praised the Government’s performance in 2009 despite the global economic downturn. “The Government was able to achieve GDP growth of 5.32 percent in 2009, while ensuring good social security,” he noted.

Source: VOV

Source: QDND

Obama to present new vision for US space travel

In Uncategorized on April 15, 2010 at 1:52 pm

WASHINGTON, April 15, 2010 (AFP) – President Barack Obama travels to Kennedy Space Center in Florida on Thursday in a bid to soothe critics of his plan to scrap an over-budget Moon launch program and reshape NASA’s future.

Critics, included the first man on the Moon Neil Armstrong, were angered by Obama’s decision earlier this year to scrap the bloated and behind-schedule Constellation program, which had aimed to plant a new US flag on the Moon.

In a nod to critics who says the new approach will costs jobs, Obama will now retain and scale down a portion of the Constellation project, the Orion capsule.

The White House says it will boost NASA’s budget by six billion dollars over five years and will create 2,500 jobs in Florida by 2012.

The new plan will mean more jobs, greater investment in innovation, “more astronaut time in space, more rockets launching sooner, and a more ambitious and sustainable space program,” said White House spokesman Robert Gibbs on Wednesday.

But while the White House was selling the new plan as more ambitious and bolder than the US president’s earlier proposals unveiled in February, critics said that it was just retreading old ground.

The new vision, outlined in a three-page document posted on the White House website, includes reaching “a sequence of deep-space destinations” and “progressing step-by-step until we are able to reach Mars.”

Proposals Obama announced in February called for axing the Constellation program and for space launches to be taken over by private industry after the shuttle program is retired this year. NASA would concentrate on research.

Gibbs said that an independent commission set up to study Constellation found “that the idea of going to the moon under the timetable prescribed was un-executable.”

Obama’s “new vision for NASA” lifts US space ambitions beyond the moon, committing to decide by 2015 on “the specific heavy-lift rocket” needed to send astronauts to asteroids, the moon, and eventually to Mars itself.

But Republican lawmaker Bill Posey, who represents the part of Florida known as the Space Coast where the Kennedy Space Center is located, dismissed the new plan as “very vague” and “underwhelming.”

“It’s not a new plan. It’s essentially the same plan that was laid out in February and he just put a new cover sheet on it with a couple of footnotes,” Posey told AFP.

The end of the shuttle’s life is expected to result in the loss of some 9,000 jobs at the Kennedy Space Center, or nearly 60 percent of the staff and would require the United States to hitch lifts into space on Russian spacecraft until a new rocket is developed.

Lawmakers and astronauts have criticized the proposal to ground the shuttle and chop Constellation, saying the combined moves would cost too many jobs in an already frail economy and would bump the United States from its position of leader in space exploration.

Apollo 11 hero Armstrong lashed out at Obama on Tuesday calling the plan to end the Constellation program “devastating.”

Armstrong was one of three former astronauts who signed an open letter to the president ahead of his visit to Florida.

“For the United States, the leading space faring nation for nearly half a century, to be without carriage to low Earth orbit and with no human exploration capability to go beyond Earth orbit for an indeterminate time into the future, destines our nation to become one of second or even third rate stature,” the astronauts said.

However another NASA hero, Buzz Aldrin, supports Obama’s plan.

The Obama strategy does little to bridge the gap at the end of the shuttle’s life, said John Logsdon, former director of the Space Policy Institute at George Washington University.

The new, so-called “bolder” plan makes only minor changes to the earlier plans, Logsdon said.

And yet Obama’s trip to Florida to present his vision was “a positive step.

“It’s a big deal, a commitment,” Logsdon said.

Melissa Stains, president of the Chamber of Commerce of Cocoa Beach, just south of Kennedy Space Center, said she would “wait and see.”

But on first impression, the president’s new plan was “more positive than it was before,” she said.

One powerful critic of Obama’s plan was Senator Richard Shelby, the top Republican on the subcommittee that has oversight of NASA spending.

“This new plan does not represent an advancement in policy or an improvement upon the Constellation program, but a continued abdication of America’s leadership in space,” Shelby said in a statement Wednesday.

Source: SGGP