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Archive for May 20th, 2010|Daily archive page

Liveshow highlights nation’s love for Uncle Ho

In Uncategorized on May 20, 2010 at 5:07 pm

Liveshow highlights nation’s love for Uncle Ho

QĐND – Thursday, May 20, 2010, 20:58 (GMT+7)

A liveshow simultaneously televised on the night of May 19 from three locations across Vietnam presented a moving depiction of President Ho Chi Minh, a son of the nation who has devoted his whole life for national independence and people’s happiness.

The show was broadcast live from the Presidential Palace in Hanoi, the Sen Village in central Nghe An province – the place of birth of Uncle Ho and Nha Rong wharf in Ho Chi Minh City, where he departed in 1911 to find ways to free the nation from colonial oppression.

Entitle “Following Uncle’s Journey”, the liveshow was jointly held by the Vietnam Television and the Ministry of Culture, Sports and Tourism.

It is among a series of activities to celebrate the 120 th birthday of Uncle Ho and the 20 th anniversary of the UNESCO recognition of the late President as a hero of national liberalisation and a preeminent man of culture.

Present at the show were Politburo members and Secretaries of the Party Committees as well as officials of the government, Hanoi , Nghe An province and Ho Chi Minh City .

The liveshow at three places of great importance in Ho Chi Minh’s life put together a clear picture of Uncle Ho with rich and vivid details through documentaries, photos, his belongings and stories told by witnesses who had met the late President.

It looked back on the historical landmark in the life of President Ho Chi Minh, when he left the country in 1911, starting a 30-year journey from countries to countries to find ways of liberating the nation.

Having found the right way, he returned in 1941 and led the national revolution the victory of which gave birth to the democratic republic of Vietnam in 1945. The name of Vietnam thus first appeared on the world map. After that, the President continued to lead Vietnam ’s people and armed forces through nine years of struggle against the French colonialists to the final victory with the world resounding Dien Bien Phu battle.

The audience also got new insight into the president’s simple life and his profound love and compassion towards the people and humankind through the display of things that he used in his daily life as well as stories told by those who had had chances to meet the beloved leader, including a long-time bodyguard and a barber who did his haircut.

120 candles were lid in each place of the liveshow and songs were sung to praise Uncle Ho, who lives forever in the mind of every Vietnamese.

Source: VNA

Source: QDND

Ho Chi Minh’s great contributions remembered

In Uncategorized on May 20, 2010 at 5:07 pm

Ho Chi Minh’s great contributions remembered

QĐND – Thursday, May 20, 2010, 20:58 (GMT+7)

A series of activities were held abroad on May 19 to celebrate the 120th birth anniversary of Vietnam’s beloved President Ho Chi Minh.

In China, an exhibition was held in Wen Miao-Guozijian, Beijing , displaying 200 photos, objects and articles featuring President Ho Chi Minh’s revolutionary activities in China.

The exhibition, inaugurated by Vice State President Nguyen Thi Doan during her working visit to China, was jointly organised by the Vietnamese Ministry of Culture, Sports and Tourism, the Vietnamese Embassy in China and the Chinese Culture Ministry.

Present at the function, Chinese Deputy Culture Minister Zhao Shaohua stressed that the eminent leader of the Vietnamese people was also the best friend of the Chinese people.

“The images on display telling President Ho Chi Minh’s revolutionary activities in China are very valuable, reflecting truthfully the development process of the China-Vietnam relations,” Zhao said.

He hoped the exhibition will contribute to further strengthening cultural exchange and comprehensive cooperation and ushering in a new chapter in the friendship and neighbourliness between the two countries in the future.

A grand ceremony to mark President Ho Chi Minh’s birthday was held in Laos in the presence of General Secretary of the Laos People’s Revolutionary Party (LPRP) and President Choummaly Sayasone.

Addressing the event, Vice State President Bounnhang Volachit highlighted President Ho Chi Minh’s great contributions to the revolution for national liberation of the three Indochinese countries in general and Laos in particular.

He stressed that the unique traditional friendship and special solidarity between Laos and Vietnam, fostered by President Ho Chi Minh and LPRP General Secretary Kaysone Phomvihane, has become a priceless asset of both Lao and Vietnamese nations.

“The ties have a power that cannot be broken by any enemies,” Volachit emphasised, noting that Laos will do its utmost together with Vietnam to preserve and foster that ties forever.

In Cambodia, the Vietnamese Association hosted a celebration, which was attended by Vietnamese Ambassador Ngo Anh Dung.

During the event, 11 collectives, individuals and businesses of Vietnamese people residing in Cambodia were presented with certificates of merit of the Vietnamese Foreign Ministry and the State Committee for Overseas Vietnamese Affairs.

Coinciding with President Ho Chi Minh’s 120th birthday, a talks entitled “President Ho Chi Minh, a fighter for national liberation and for peace” was co-organised in Paris by the Vietnam Culture Centre in France, the France-Vietnam Friendship Association and the Vietnamese Association in France.

In his lengthy presentation summing up President Ho Chi Minh’s national salvation cause, historian Alain Russio concluded “Ho Chi Minh is an exceptional figure of history, an exceptional communist and a politician with noble sense of internationalisation.”

The talks heard memories about President Ho Chi Minh told by Raymond Aubrac who used to host President Ho Chi Minh during his visit to France in 1946 and Raymonde Dien, who lied on the railway to stop a train transporting weaponry to Vietnam in February, 1950.

In London, the UK, Vietnamese Ambassador Tran Quang Hoan, representatives of the Vietnamese community, and British friends of Vietnam laid a wreath in tribute to President Ho Chi Minh at New Zealand House in the heart of London, which used to be the Calerton Hotel, where President Ho Chi Minh worked for a living when he came to the city in the first years of the 20 th century.

Reviewing the President’s immense services to the nation, Ambassador Hoan called on the entire staff of Vietnamese representative offices, overseas Vietnamese and students in the UK to follow the moral example of President Ho Chi Minh and make the homeland more prosperous as he wished.

Earlier on May 18, the Vietnamese Embassy in Canada held celebrations of the beloved President’s birthday in Ottawa and Toronto.

At the function in Ottawa , which saw the attendance of Senator Bryon Wilfert and a large number of Canadian scholars and professors, Ambassador Le Sy Vuong affirmed that the life and revolutionary cause of President Ho Chi Minh will forever be a bright example for Vietnamese younger generations to follow.

On the occasion, a book “Ho Chi Minh – the heart and talent of a patriot” by Dr. Nguyen Dai Trang, an overseas Vietnamese professor in Toronto university, made its first appearance.

The book, published in both Vietnamese and English, was complied from various sources of materials in Vietnam and Trang’s own research over the past 15 years.

Source: VNA

Source: QDND

NA deputies discuss measures to continue stabilizing macroeconomy

In Uncategorized on May 20, 2010 at 5:06 pm

NA deputies discuss measures to continue stabilizing macroeconomy

QĐND – Thursday, May 20, 2010, 21:1 (GMT+7)

The 7th session of the 12th National Assembly (NA) officially opened in Hanoi on May 20. The NA deputies and voters nationwide paid a lot of attention to working out ways of ensuring stability in the macroeconomy.

Since the beginning of this year, the Government has asked all ministries, agencies and localities to make a greater effort to carry out their socio-economic development tasks in line with the NA Resolution. Subsequently, the socio-economic situation in the first four months has seen a number of positive changes and high growth rates in various fields, including industry, agriculture and services.

The domestic market has operated well, resulting in increases in retail revenues and development capital, as well as ensuring social welfare. The exchange rate between the US dollar and Vietnam dong in the free markets is now close to the officially rate posted by commercial banks.

However, it is still quite a challenge to maintain a high economic growth while curbing the inflation rate at the same time. Le Quoc Dung, deputy head of the NA’s Commission for Economic Affairs, pointed out that to achieve sustainable growth and combat inflation, it is essential to prioritise to boostings export and make it easier for businesses to access loans. It is also important to ensure an adequate supply of goods on the domestic market and to promote production, he added.

According to Tran Dinh Dan, Chairman of the NA Office, Cabinet members will have two and a half days to discuss this. The opening and closing ceremonies, as well as the inquiries session and the discussions between NA deputies at the ongoing 7th session of the 12th NA will be broadcast live on the VOV1 channel of Radio the Voice of Vietnam and the VTV1 channel of Vietnam Television.

Many delegates at the meeting raised their concerns about the new challenges currently facing the national economy, saying they could pose a serious threat. In the first fourth months of this year, Vietnam’s import surplus reached US$4.7 billion, while last year’s balance of payments suffered a deficit of US$8 billion. This will result in the foreign currency market and the exchange rate experiencing more fluctuations, which in turn will affect the management of imports and exports and the balance of payment. Furthermore, the tightening of the monetary policy to prevent a high inflation rate has posed many difficulties for businesses trying to access loans.

Increases in the price of electricity, coal, water and petrol has seen the CPI rise sharply, which concerns many citizens and businesses.

In addition, internal problems in the economy continue to affect socio-economic targets being achieved, such as low growth and industrial value not matching the high level of capital used.

Bui Van Tinh, head a delegation from Hoa Binh, and member of the NA’s Committee for Finance and Budget said that there should a plan to reduce the loan rates at commercial banks as the interest rate is currently too high compared to production output. The quality of products, especially in agricultural processing, must be improved and there needs to be a comprehensive export plan for the future to boost the export of strategic products, said Mr Tinh.

Duong Anh Dien, head of Hai Phong delegation and a member of the NA’s Committee for Finance and Budget said that Vietnam should pay more attention to improving the value of its products. “if we take more care during processing our export value will increase,” said Mr Dien. For example the earnings from exports of titan ore is not very high so the country should commission import processing plants which would raise the export value by 10 times. This is a good way of stabilising the macroeconomy.

Many external factors affect the economy while the management of the economy also faces some problems, such as inflation and exchange rate. Therefore, it is essential to stabilise the macro-economy from now until the end of this year. Together with carrying out the eight key measures stipulated by the Government, including managing currency policies flexibly, maintaining the credit growth rate and payments set at a reasonable level in line with development targets and controlling inflation, Vietnam needs to monitors changes in supply and demand, assessing production and the consumption of essential commodities to avoid shortages and price hikes. They are the main issues that will be discussed at this session.

Source: VOV

Source: QDND

VN-Index recovers

In Uncategorized on May 20, 2010 at 9:04 am

The Vietnam’s benchmark VN-Index rebounded to above 500 on May 20, as most blue-chip stocks rallied. 

The shares of 228 companies and four mutual funds listed on the Ho Chi Minh Stock Exchange jumped by 8.65 points, or 1.75 percent, to wrap up the trading session at 503.55. More than 59.9 million shares changed hands, totaling VND1.89 trillion.

Only 46 stocks fell among index members, with 145 gaining, and 41 remaining flat.

From the opening bell, Saigon Thuong Tin Commercial Joint Stock Bank or Sacombank (STB) bounced back strongly; taking the top spot for most active shares with more than 4.27 million shares were traded.

Saigon Securities Inc. (SSI) came next with 3.58 million shares, followed by the Hanoi-based Vietnam Mechanization Electrification & Construction Joint Stock Company (MCG) with 1.34 million shares.

Vietnam’s largest brokerage house announced its current chartered capital of more than VND3.51 trillion.

Binh Minh Plastics Joint Stock Company (BMP) was the biggest gainer on the city bourse, seeing its share value increase to the daily maximum allowed limit of 5 percent to VND52,500.

Viet Nam Sea Transport and Chartering Joint Stock Company (VST) rose by 4.98 percent to VND23,200.

Ben Thanh Trading & Service Joint Stock Company (BTT) and Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) both climbed 4.92 percent to trade at VND40,500.

Hoang Long Group (HLG) led the list of big losers on the southern market, dropping 4.91 percent to VND40,700.

Dang Hoang Phuong, deputy general director of Hoang Long Group, registered to buy 70,000 shares between May 24 and July 24 to increase his holdings to 100,000 shares.

Dong A Plastic Group Joint – Stock Company (DAG) and Meca Vneco Investment and Electricity Construction Joint Stock Company (VES) finished day at VND19,500. Both stocks closed the day down 4.88 percent.

VES planned to hold their annual shareholders’ meeting in District 7, HCMC on June 21.

Ninh Van Bay Real Estate Joint Stock Company (NVT) slid 4.87 percent to VND25,400.

The Hanoi’s HNX-Index also posted a small rise, advancing 2.85 points, or 1.78 percent, to close at 163.36 as more than 60 percent of members gained. Around 54.5 million shares, worth VND1.67 trillion, changed hands.

The UPCoM-Index of unlisted stocks slightly rose by 0.14 points to 50.25. A total of 87,275 shares were traded at VND1.3 billion.

Source: SGGP

Following Uncle’s Ho example to serve people better

In Uncategorized on May 20, 2010 at 9:03 am

A meeting on late President’s 120th birthday, held in the HCMC’s Opera House, honored individuals and organizations that have done an excellent job following the Ho Chi Minh example.

Participants confer at the meeting on late President’s 120th birthday, held in the HCMC’s Opera House on May 19.(Photo:SGGP)

All honorees share the following traits: they studied in school, gained experience from work and sought to love and serve people with the same heart Uncle Ho exhibited throughout his extraordinary life.

Du Hue Lien, a retiree of Ward 11, District 5, said she feels touched each time she hears stories about Ho Chi Minh.  Lien’s area is 45 percent Chinese; most are poor. Therefore, Lien and other sponsors established a charity fund to help poor families.

With the fund, families were lent between VND6 million – 10 million (US $315 – $526) in order to establish businesses and continue their children’s education, Lien said.

She also helped many people find employment by placing them in contact with hiring companies. Lien’s proactive approach to helping her fellow citizens of Ward 11 has inspired them try to build a community based on peace and safety.

She said that Uncle Ho Thought teaches that anything that advantages the people is worth doing.

Attempting to adhere to Ho Chi Minh’s thought, she has tried to do things that bring happiness to people. Doing good deeds have made her happy throughout her life, Lien added.

Nguyen Ngoc Hoa, Party chief of Saigon Co.op in Ho Chi Minh City, gave two norms he strives master as head of the supermarket chain: devoting his heart and soul to work and maintaining a commitment to the customers.

Saigon Co.op has become a well-recognized brand name that is familiar to customers.

Hoa said the company has grown because of the people working for it.  He communicates with staff members from the heart and believes in them from the moment of initial recruitment through their employment tenures.

He displays his own work ethic in order to inspire his workers to do better. In addition, Hoa explained that he organizes customer surveys twice per year to collect customers’ opinion and ensure their future satisfaction.

The opinions of customers helps the company do better and develop, he said.

Party Chief and Chairman of the Nhuan Duc Commune People’s Committee, Nguyen Van Ne, said that his role was to instruct people on how to implement Party and State law.

Chairman Duc follows to Ho Chi Minh’s thought concerning the modification of work styles, prevention of officialdom that would distance him from people. He implores party members in his commune to follow Ho Chi Minh’s example. Additionally, he said always leads first, by example.

Party chief of Tan Binh District, Nguyen Thi Kim Hoang, concentrates on modifying styles of work to resolve peoples’ complaints.

Hoang asked cadres to attend meetings on time and to refrain from over-talking issues, insisting they focus on crucial matters with focus, in order to solve problems.  Yesterday, the convention recognized Hoang as an exemplary official, worthy of emulation.

Following Ho Chi Minh’s thought she has helped people define their goals and actualize their potential. As a result, the number of young cadres and women has increased significantly.

The prominent aspects of Ho Chi Minh’s example are strong ideals, an unyielding will, a brilliant mind, and special attention paid to the concerns of common people. He had a close link with the people and knew how to delegate power to talented individuals. All these characteristics helped Ho Chi Minh make the right decisions as he successfully carried out Vietnam’s revolutionary cause despite the numerous hardships Vietnam faced in the revolutionary era.

Source: SGGP

Sunken South Korean warship overshadows Clinton Asia tour

In Uncategorized on May 20, 2010 at 5:04 am

WASHINGTON, May 20, 2010 (AFP) – North Korea’s alleged sinking of a South Korean warship is set to dominate US Secretary of State Hillary Clinton’s Asian tour after she leaves Washington on Thursday.

The culmination of the investigation into the sinking of the Cheonan has thrust its way to the top of Clinton’s program, which was originally to center on the US-China economic and strategic dialogue in Beijing on May 24-25.

A multinational team of investigators concluded it was indeed a torpedo fired by a North Korean submarine that sank the South Korean warship, killing 46 sailors in one of the country’s worst naval tragedies.

Yoon Duk-Yong, co-head of the team investigating the sinking of the South Korean warship Cheonan, talks during a press conference at the Defense Ministry in Seoul on May 20, 2010. AFP photo

“The evidence points overwhelmingly to the conclusion that the torpedo was fired by a North Korean submarine,” the team said in its report on the March 26 sinking that split the 1,200-tonne corvette in half near the two Koreas’ disputed border.

“There is no other plausible explanation.”

Kurt Campbell, the top US diplomat for Asia, said “a central issue of discussion” for Clinton’s talks with Chinese officials will be “their assessments of developments in North Korea and their reaction to the report.”

The ship’s sinking is expected to be taken before the UN Security Council.

“One of the reasons Secretary Clinton is traveling to the region, to both Japan and South Korea, is to articulate and put in place a set of responses” to the investigation’s findings, Campbell said of the chief US diplomat’s fifth trip to Asia since taking office more than a year ago.

The responses could be presented on May 26 in Seoul, the last stop on Clinton’s nearly week-long tour that will also take her to Tokyo, Shanghai and Beijing.

Praising the report into the Cheonan’s sinking as an “objective and scientific review of the evidence,” White House spokesman Robert Gibbs said the United States “strongly condemns” the attack.

According to South Korean media, Seoul could announce joint naval maneuvers in the Yellow Sea, where the ship was sunk.

When she arrives in Tokyo on Friday, Clinton will discuss the sunken ship and the future of the US base at Futenma during talks with her Japanese counterpart Katsuya Okada and Prime Minister Yukio Hatoyama.

In Shanghai, she will spend most of Saturday visiting the US and Chinese pavilions at the World Expo.

The US pavilion tops the list of national displays Chinese visitors want to see, according to market research by Millward Brown.

That represents a major turnaround from just a year ago, when the United States looked like it would be an Expo no-show.

Source: SGGP