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Archive for May 18th, 2010|Daily archive page

Russian tour firms visit Binh Thuan

In Uncategorized on May 18, 2010 at 5:04 pm

Russian tour firms visit Binh Thuan

QĐND – Tuesday, May 18, 2010, 20:59 (GMT+7)

Fourteen tour companies from Novosibirsk, Russia, travelled to Vietnam recently to survey tourist destinations in Phan Thiet, central province of Binh Thuan.

The companies checked out the quality of accommodation in Phan Thiet to prepare for the 2010-11 travelling season, said chairman of the Binh Thuan tourism association, Nguyen Van Khoa.

Russian visitors currently account for 30 percent of all foreign tourists to Binh Thuan province. In the first four months of the year, 832,000 visitors enjoyed Binh Thuan, including 130,000 foreign visitors.

Source: VNA

Source: QDND

Stricter control on mobile phone advertisements

In Uncategorized on May 18, 2010 at 5:04 pm

Stricter control on mobile phone advertisements

QĐND – Tuesday, May 18, 2010, 20:59 (GMT+7)

The Hanoi Department of Information and Communication has asked telecommunication service providers to sever the contracts of telephone subscribers who continue to violate advertising regulations.

Any service provider that fails to cut the contracts of violators will be punished according to the Ordinance on Post and Telecommunications.

The department has sent a list of 900 violators to telecommunications enterprises and asked them to notify the subscribers of the regulation.

An inspection team will be formed this week to assure compliance.

Source: VNA

Source: QDND

HCM City: dairy farmers cannot afford to stay in business

In Uncategorized on May 18, 2010 at 5:03 pm

HCM City: dairy farmers cannot afford to stay in business

QĐND – Tuesday, May 18, 2010, 21:1 (GMT+7)

“We are incurring heavy loss when breeding milk cows,” a lot of milk cow breeding farms in HCM City voiced the same complaint during a meeting with the HCM City Agriculture and Rural Development Department late last week.

Tran Van Lien, a farmer in Binh Chanh District in HCM City, provided noteworthy figures about what he got after one year of breeding milk cows. Lien said that he had to spend 25 million dong per milk cow a year, including 23 million dong on animal feed. Meanwhile, he got 4500 kilogrammes of milk. Dairy producers purchase milk at 7000 dong per kilo on average, Lien’s profit is 3.5 million dong.

According to Lien, in his herd of 20-30 cows, only 15-20 cows give milk. Therefore, the money he got from selling milk was not high enough to feed the whole herd of cows.

HCM City Farmers’ Association conducted a survey on 200 milk cow farming households in the city, the total expenses for every kilogramme of fresh milk is as high as 8100 dong. Meanwhile, dairy producers pay 7000-7200 dong only for every kilogramme of milk. As such, farmers are incurring the loss of 800 dong per every kilogramme of milk.

Nguyen Van Tui from the HCM City Farmers’ Association said that the higher price of animal feed is the main reason that makes farmers incur losses. Tui said that the cattle feed has increased in price seven times since the beginning of the year, 25 percent in total. A 25 kilo bag of bran was sold at 215,000 dong several months ago, while it is now selling at 237-245,000 dong. Meanwhile, farmers cannot raise the sale prices of fresh milk, because dairy producers refuse to collect milk at higher prices.

Heavy loss has prompted farmers to give up farming. According to the city’s farmers’ association, the number of milk cows in the city has decreased by 6000 so far this year.

Tui pointed out that it is unreasonable for dairy producers to fix milk prices. He also pointed out that the 7000 dong per kilo price is much lower than the price of 28,000 dong per kilo at which dairy producers sell products to the market. While farmers have to work hard, they cannot reap the rewards in the production chain.

Tui has warned that if dairy producers continue to keep the milk purchase prices at low levels, they will lose material suppliers, because farmers, due to the low profit and loss, will stop farming.

Source: VietnamNet/Tien phong


Source: QDND

Hanoi to reduce population downtown

In Uncategorized on May 18, 2010 at 5:03 pm

Hanoi to reduce population downtown

QĐND – Tuesday, May 18, 2010, 21:1 (GMT+7)

Hanoi needs to build suburbs to reduce the population in its hub to 800,000, suggests an expert, who believes that attractive infrastructure plans would encourage residents to move out of downtown. 

Ngo Trung Hai, head of the Construction Ministry’s Vietnam Institute of Architecture, Urban and Rural Planning, said that there are 1.2 million people in Hanoi’s centre and his institute’s plan to move several schools to the suburbs can help realocate around 300,000 students.  

“With attractive infrastructure plans in the subrbs, other residents whose houses in the centre are too small will be attracted to the suburbs naturally. That’s real demand,” he said. 

Hanoi authorities plan to relocate around 1800 households from the Old Quarter in Hoan Kiem District to a new urban area in Long Bien district, named Viet Hung.  

Hanoi has failed several times with similar relocation attempts because residents can’t be forced to move and this time a better plan will be developed, Hai said. 

However the goal of the city is to build what the suburbs lack. Hanoi has required all new residential areas to have sufficient infrastructure, including kindergartens, schools, supermarkets and parks.

Source: VietnamNet

Source: QDND

Graduation rate at high schools tops 80 percent target

In Uncategorized on May 18, 2010 at 5:02 pm

Graduation rate at high schools tops 80 percent target

QĐND – Tuesday, May 18, 2010, 20:59 (GMT+7)

Nearly 83 percent of people between the age of 18 and 21 in HCM City completed the 12th grade last year, which exceeded the target set by the city’s People’s Committee by 8 percent, according to the city’s Department of Education and Training.

Huynh Cong Minh, director of the education department, said the ministry was encouraging all students nationwide to complete junior and senior high school, although compulsory school attendance was only through the fifth grade.

He said many students in low-income families continued to drop out of school, forgetting what they learned during primary school.

To make education available to everyone, HCM City has built more schools and community learning centres, in addition to offering tuition support to needy students via scholarships or monthly allowances to families.

Between 1999 and 2009, the city built 12,964 new classrooms. The number of junior high schools in HCM City increased to 150 and vocational schools to 41, Minh said.

However, many of them had failed to meet national standards, and vocational schools still were not attracting a sufficient number of students, he added.

Minh said the ministry had encouraged provinces and cities to set ambitious targets for school attendance with an aim to universalise primary, junior high school and high school education throughout the country.

Source: VNA

Source: QDND

Vietnam becomes attractive destination for Swiss investors

In Uncategorized on May 18, 2010 at 5:02 pm

Vietnam becomes attractive destination for Swiss investors

QĐND – Tuesday, May 18, 2010, 20:59 (GMT+7)

Vietnam became an attractive destination for Swiss investors, the Swiss State Secretary for Economic Affairs told a Vietnam-Switzerland business forum during the current visit to the Western country by President Nguyen Minh Triet.

Switzerland attaches importance to expanding economic co-operation with Vietnam, Secretary Jean-Daniel Gerber said, stressing advantages in an overview on economy, trade and investment between the two countries.

The two countries saw a constant increase in bilateral trade, registering five times in the 1998-2008 period. In 2009, Switzerland ranked fourth among Vietnam’s exporting markets, the Swiss official said.

Vietnam has a great potential for tourism, services, insurance, banking and communication, which, he said, are offering more opportunities for Swiss companies.

He stressed the on-going official visit to Switzerland by President Triet describing it as a milestone in the two countries’ history. He also spoke highly of Vietnam’s experience in overcoming impacts of the global economic-financial crisis, maintaining GDP growth and political stability.

Addressing the two countries business community, President Triet said with its motto of being a friend, reliable and comprehensive co-operative partner with all countries, regional and international organisations, Vietnam always wishes to turn companionship and friendship with other countries into strength in economic co-operation.

Vietnam is creating most favourable investment climate, and is ready to welcome Swiss firms to invest and do business in Vietnam, the President affirmed.

He expressed his pleasure at development of the two countries’ relations and thanked Switzerland’s assistance to Vietnam through most favoured nation status, common effective preferential tariff scheme, ODA and human training programmes.

Also at the forum, President Triet witnessed the signing of contracts on import and export of handicraft items, and fertilizers between both countries’ businesses.

Before attending the forum, President Triet received Credit Suisse leaders, who committed to inject capital in Vietnam’s major projects and provide financial governance human resource training to state-owned enterprises.

President Nguyen Minh Triet is on a four-day official visit to Switzerland from May 16 as guest of Swiss President Doris Leuthard.

Source: Nhandan/VNA

Source: QDND

7th NA session to focus on legislative programme

In Uncategorized on May 18, 2010 at 5:01 pm

7th NA session to focus on legislative programme

QĐND – Tuesday, May 18, 2010, 20:59 (GMT+7)

The 7th session of the 12th National Assembly will open in Hanoi on May 20, focusing on law building and other important issues during 30 days’ sitting.

The information was released by Vice Chairman of the NA Office Nguyen Si Dung at a press conference in Hanoi on May 17.

Mr Dung said during the session that the NA will adopt 10 draft laws, including the laws on the State Bank of Vietnam (amended), credit organisations (amended), housing and land taxes, child adoption, enforcement of criminal sentences, the efficient and effective use of energy, disabled people, postal service, trade arbitrator and food safety.

Six other draft laws will be submitted to the NA for consideration, including bills on environmental protection tax, inspection (amended), administrative procedures, employees, customers protection and minerals (amended), he added.

The NA will discuss changes to Resolution No. 66/2006/QH11 on national key projects and resolution on the law and ordinance building programme in 2011.

The legislative body will hear and discuss reports on the implementation of 2010 socio-economic development and State budget using plans in the first months of the year, he said, adding that the hearings will focus on a project to build the Hanoi-Ho Chi Minh City express railway and a master plan for construction of Hanoi by 2030 with a vision to 2050.

Source: VOV/VNA

Source: QDND

President Ho Chi Minh’s birthday celebrated abroad

In Uncategorized on May 18, 2010 at 5:01 pm

President Ho Chi Minh’s birthday celebrated abroad

QĐND – Tuesday, May 18, 2010, 21:1 (GMT+7)

An exhibition and a seminar on President Ho Chi Minh were held at the Pridi Phanomyong Institute in Bangkok, Thailand, on May 16.

The events, which drew the participation of a number of Thai and Vietnamese scholars and researchers on President Ho Chi Minh’s life and cause, highlighted the simple life of Uncle Ho and a great Vietnamese and international culturist.

President of the Thailand-Vietnam Culture Association Lae Dilokvidhyarat and Minister Counsellor of the Vietnamese embassy in Thailand Pham Minh Tuan pointed out the significance of these events, saying that they took place when Vietnam is conducting various activities to celebrate the 120 th birthday of President Ho Chi Minh – a preeminent leader and a great father of the Vietnamese people and a great friend of peace and justice lovers in the world.

At the seminar, a lecturer from Chulalongkorn University and Prof. Dr. Bui Dinh Phong from Social Sciences and Humanities University of Ha Noi National University spoke of Uncle Ho’s simplicity in his daily life and Nguyen Thi Thu Ha from the Ho Chi Minh Museum spoke of Uncle Ho’s sentiments towards Thai country and people.

A film on President Ho Chi Minh’s life was screened and a painting and book exhibitions on President Ho Chi Minh and Vietnam were organised at the exhibition.

The Paxaxon (People) newspaper of Laos on May 14 and 17 printed an article on President Ho Chi Minh’s revolutionary morality written by Munkeo Olabun, a member of the Laos People’s Revolutionary Party (LPRP) and Lao Minister of Information and Culture.

“On the occasion of the President Ho Chi Minh’s 120th birthday, we will study and follow President Ho Chi Minh’s revolutionary moral example and consider the study to be an obligation for all officials and Party members,” said Munkeo Olabun in his article.

Another article on Uncle Ho on the May issue of the Mexican magazine “Attractive news” highlighted Uncle Ho as one of the main figures of the modern world history.

The writer emphasised Uncle Ho’s great contributions to Vietnam’s revolutionary cause and the world’s communist movement which were manifested in national independence and freedom from the French colonialists for Vietnam.

The writer also confirmed that President Ho Chi Minh is not only a brilliant politician but also a great culturist and famous poet.

Meanwhile, in Russia, the Vietnam Days opened in Vladivostok city on May 17 on the occasion of President Ho Chi Minh’s birthday.

President of the Primorie chapter of the Russia-Vietnam Friendship Association Alexander Sokolovski said that Vladivostok city will organise a meeting to mark President Ho Chi Minh’s birthday on May 19.

Within the framework of the Vietnam Days, people in Vladivostok city will have a chance to see paintings, embroideries and porcelains on Vietnam’s culture and history at an exhibition entitled “Exploring Vietnam”, Sokolovski said.

The Daltour travel agency will organise an annual exhibition on Vietnam’s culture and economic development and its landscapes and famous tourism spots, he said.

Sokolovski said the Vietnam Days have been held in Vladivostok city over the past decade. The Far East region also holds a celebration every year to mark the birthday of President Ho Chi Minh who came to the region many times in the 1920s and 1930s.

Source: Nhandan/VNA

Source: QDND

8,000 houses of gratitude built for poor people

In Uncategorized on May 18, 2010 at 5:00 pm

8,000 houses of gratitude built for poor people

QĐND – Tuesday, May 18, 2010, 21:1 (GMT+7)

PANO – Over the past 10 years, The Fatherland Front of Dang Nang city has raised more than 50 billion VND for poor people.

Last year, under the campaign “60 days for poor people”, the City raised more than 9 billion VND.

This sum, and money from other sources, was used to build nearly 8,000 houses of gratitude for thousands of needy people.

The City also supports for poor patients, handicapped children and poor pupils to continue their study.

This year, the Fatherland Front and other organisations in the City plans to support another 24,000 needy people.

Translated by Duy Minh

Source: QDND

Stocks tumble as investors hesitate

In Uncategorized on May 18, 2010 at 9:10 am

The VN-Index, which gauges the fluctuating values of 228 companies and four close-ended funds listed on the Ho Chi Minh Stock Exchange, slid below 510 on May 18, due to wariness among investors.

The market closed at 508.3, down 2.97 points (or 0.58 percent). Market liquidity fell sharply to the tune of 45.3 million shares, worth VND1.42 trillion.

On the city bourse, 58 stocks gained, 139 dropped, and 35 remained unchanged.

Viet Nam Fumigation Joint Stock Company (VFG) lost 15.61 percent to trade, dropping from VND86,500 to VND73,000.

Becamex Infrastructure Development Joint Stock Company (IJC) and Viet Nhat Seafood Corporation (VNH) finished the day trading at 5 percent over yesterday’s rate, climbing VND30,400 and VND17,100 respectively.

Ben Thanh Trading & Service Joint Stock Company (BTT) lost 4.92 percent to VND40,600.

Market researcher Ma San Group Corporation (MSN) surged by 4.99 percent to VND46,300, making for three consecutive sessions of gains.

Nam Viet Corporation (ANV) rose by 4.9 percent to trade at VND21,400, up from VND20,400 yesterday.

Idico Urban and House Development Joint Stock Company (UIC) rose 4.84 percent to VND32,500.

Saigon Securities Inc. (SSI) continued to hold its post as the most active stock in volume, trading 2.37 million shares. Saigon Commercial Bank or Sacombank (STB) followed with 2.1 million shares, while Ocean Group Joint Stock Company (OGC) finished with 1.32 million shares.

Red also covered the smaller bourse in the north, as the Hanoi’s HNX-Index tumbled 2.59 points, or 1.53 percent, down to 167.02. Trading volume dropped to 33.8 million shares, worth VND1.2 trillion.

The Hanoi Stock Exchange announced the forthcoming suspension of the HCMC-based ceramic tiles producer Vitaly Joint Stock Company (VTA), due to be imposed between May 24 and June 4. The penalty comes in light of the company’s reported profits after taxes, taken from audited financial statements in 2008 and 2009, which revealed negative numbers.

The UPCoM-Index slightly rose by 0.08 points, or 0.16 percent, to 51.26. A total of 51,895 shares valued at VND1.1 billion changed hands.

Source: SGGP