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Archive for July 29th, 2010|Daily archive page

Tourism sees big growth this year

In Uncategorized on July 29, 2010 at 3:19 pm




Tourism sees big growth this year


QĐND – Thursday, July 29, 2010, 20:39 (GMT+7)

Vietnam welcomed around 410,000 foreign tourists in July, bringing the total number of foreign visitors to the nation in the first seven months of the country to more than 2.9 million, a year-on-year rise of almost 35 percent.


The Vietnam National Administration of Tourism said the number of foreigners coming to Vietnam for work increased by 46 percent, followed by those for vacation, up by more than 44 percent.


The number of foreign tourists from China recorded an impressive growth of 95.4 percent; followed by Cambodia (up 93 percent), Thailand (32 percent) and the Republic of Korea (RoK) (31 percent).


HCM City took the lead in attracting foreign tourists in the first seven months of the year, with over 1.6 million arrivals, a rise of 13 percent from last year.


Experts say the increase in foreign holidaymakers to Vietnam was attributable to the world’s economic recovery that helped boost tourism demand.


Vietnam has organized tourism promotion programmes and cultural exchanges in China, Japan, the RoK and Cambodia in addition to road shows in Australia, Norway and West European countries.


The country is expected to receive 4.5-4.6 million foreign tourists this year, a year-on-year rise of more than 17 percent.


Source: VNA


Source: QDND

Farmers determined to sue polluter Vedan despite increased offer

In Uncategorized on July 29, 2010 at 3:19 pm




Farmers determined to sue polluter Vedan despite increased offer


QĐND – Thursday, July 29, 2010, 20:39 (GMT+7)


Taiwanese monosodium glutamate producer Vedan Vietnam raised its compensation offer to Vietnamese farmers affected by its untreated wastewater to a combined VND130 billion (US$6.8 million), up from VND56 billion earlier, but tillers are still determined to sue the company as they consider the proposed figure unsatisfactory.

Vedan sent an official letter on July 28 to the Prime Minister of Vietnam and People’s Committees of Ho Chi Minh City, and southern provinces Dong Nai and Ba Ria-Vung Tau to offer the raised rate of compensation.


The company said it would give affected farmers in Ho Chi Minh City VND30 billion instead of the VND16 billion it offered earlier; farmers of Dong Nai and Ba Ria-Vung Tau provinces have now been offered VND60 billion and VND40 billion, instead of VND30 billion and VND10 billion respectively.


Vedan said it hoped the raise of compensation would resolve the case definitively.


Seeking to avoid a lawsuit, this is the fifth time Vedan has haggled over damages.


Though the latest proposed compensation represents an increase of almost six fold compared to Vendan’s first offer in a year ago, it is still considerably lower than the damages claimed by farmers.


HCMC authorities have asked Vedan to pay VND45.7 billion, while Dong Nai and Ba Ria-Vung Tau have asked the company to pay VND120 billion and over VND53 billion respectively.


Therefore, farmers said they would sue Vedan for proper damages.


Nguyen Van Phung, chairman of the Ho Chi Minh City Farmers’ Association, said Vedan’s offer of VND30 billion to tillers in the city’s Can Gio District is too low.


At present, files of 839 affected families in the district are complete, and lawyers authorized by the farmers will soon file lawsuit applications against Vedan with the district People’s Court, he added.


Meanwhile, Tran Van Cuong, deputy director of Ba Ria-Vung Tau Province’s Agriculture and Rural Development Department and head of the committee for assessing damage caused by Vedan, said the province’s authorized lawyers would continue to send all files of 1,253 affected families to the Tan Thanh District People’s Court.


He said the province will stop sending lawsuit applications only when Vedan agrees to pay farmers the VND53 billion they have required.


Nguyen Duc, chairman of the Dong Nai Province Bar, said Vedan and tillers can negotiate in court, and his bar members will continue to offer advice and legal assistance.


The Ministry of National Resources and Environment also held a meeting yesterday to define the responsibilities of State agencies in forcing Vedan to honor its commitment to pay reparations to affected tillers.


At the meeting, minister Pham Khoi Nguyen said the ministry would assume the responsibility for demanding that Vedan pay damages, and that the Environment Protection Fund would cover farmers’ legal fees.


Vedan’s untreated wastewater killed aquaculture and riverside crops in HCMC,  Ba Ria-Vung Tau Province, and Dong Nai Province from 1994-2008.


Over the period, the company dumped 105 million liters of untreated wastewater into the river each month via a secret pipeline.


For two years since the act was uncovered, farmers and Vietnamese authorities have been asking Vedan to assume financial responsibility for their pollution, but the company’s offers have been consistently rejected as too low.


Source: SGGP


Source: QDND

Breast-feeding Week launched

In Uncategorized on July 29, 2010 at 3:19 pm




Breast-feeding Week launched


QĐND – Thursday, July 29, 2010, 20:39 (GMT+7)

A Breast-feeding Week was launched on July 29 by the Ministry of Health, the United Nations and the Alive and Thrive project of the Bill and Melinda Gates Fund in Vietnam.


The week, held annually from August 1 to 7 in over 120 countries, aims to encourage breast-feeding to improve the health of newborn babies across the country.


In Vietnam, most mothers breast feed and 55 percent of them breast feed within the first hour after giving birth. Only 10 percent of mothers fully breast feed while more than 36 percent intend to breast feed for 24 months.


In addition to general child care programmes, the Government has issued a decree on trading and using nutrition products for children. The decree also stipulates that medical staff and health centres should not advise mothers to use powdered milk or other dairy products to replace breast milk, except on doctors’ orders.


Source: VOV


Source: QDND

Japan assists Ninh Binh with building primary schools

In Uncategorized on July 29, 2010 at 3:18 pm




Japan assists Ninh Binh with building primary schools


QĐND – Thursday, July 29, 2010, 20:39 (GMT+7)

The Japanese government will provide a non-refundable aid package worth US$200,000 for construction of two primary schools in the northern province of Ninh Binh.


A contract to this effect was signed in Hanoi on July 28.


Under the project, new classrooms will be built to replace the old, small ones which used to be farm storehouses in Yen Binh, Tam Diep town and Kim Chinh communes, Kim Son district.


At the signing ceremony, Japanese Ambassador to Vietnam Mitsuo Sakaba said that the two projects will help improve primary education in the two communes.

Source: VOV

Source: QDND

Bac Lieu Buddhists celebrate capital’s birthday

In Uncategorized on July 29, 2010 at 3:18 pm




Bac Lieu Buddhists celebrate capital’s birthday


QĐND – Thursday, July 29, 2010, 20:39 (GMT+7)

A Buddhist Festival was held in the Mekong delta province of Bac Lieu on July 28 as part of activities by Buddhists nationwide to celebrate the millennial anniversary of Thang Long-Hanoi.


The festival drew the participation of provincial authorities, the committee of religious affairs, local people and more than 300 monks and nuns.


Superior Bonze Thich Quang Thiet, Deputy Chief of the Executive Board of the Bac Lieu Buddhist Shangha, delivered a welcome speech to open the festival. In his speech, he recalled the merits of King Ly Thai To and his advisors, as well as monks, in maintaining national peace and integrity.


Buddhist pagodas and temples have recently held activities to celebrate the capital city’s 1,000th birthday and have organized requiems for the former kings of the Ly family and monks of that time.


On the occasion the Bac Lieu Buddhist Association organized a ceremony to mark the birthday of the Goddess of Mercy and open the 2010 Goddess of Mercy camp, drawing thousands of Buddhist followers. The camp will be open until July 30.


Source: VOV


Source: QDND

Buddhist week celebrates Hanoi’s 1000th year

In Uncategorized on July 29, 2010 at 3:18 pm




Buddhist week celebrates Hanoi’s 1000th year


QĐND – Thursday, July 29, 2010, 20:39 (GMT+7)


A week of Buddhist celebrations to acknowledge the capital city’s millennial anniversary began at the Thang Long Citadel on July 28.

Most Venerable Thich Thien Nhon, Deputy Chairman and General Secretary of Vietnam’s Buddhist Sangha’s Executive Council, delivered the opening speech, confirming the role played by Vietnamese Buddhists in the country’s history of national construction and defense.


A ceremony to burn incense for King Ly Thai To, the founder of Hanoi, and Kings and monks through ages was also held.


Present at the opening ceremony were Most Venerable Thich Pho Tue, the Patriarch of the Sangha Council of the Vietnam Buddhist Sangha, numerous Buddhist dignitaries and followers, as well as officials from the Foreign Ministry and city authorities.


On the occasion, the Central Committee of Vietnam’s Buddhist Sangha presented 25 charity houses to disadvantaged families and 500 scholarships to poor students in Hanoi.


The week, which lasts until August 2, includes a procession of tablets that belonged to King Ly Thai To and Van Hanh, a Buddhist monk who raised the King after his mother had died giving birth and Buddha’s sari from the Quan Su Pagoda, to the Thang Long Citadel.


A ceremony will also be held at the citadel on July 29 to pray for peace and the people as well as a requiem for fallen combatants on July 31.


An exhibition showcasing ancient Buddhist artifacts and works of art, a seminar on Buddhism and the capital city, a night festival with garlands of flowers and colored lanterns and a theatrical performance themed “Imprints of Thang Long” will also take place.


Source: VietnamPlus


Source: QDND

Pakistani woman, Vietnamese war veteran

In Uncategorized on July 29, 2010 at 3:17 pm




Pakistani woman, Vietnamese war veteran


QĐND – Thursday, July 29, 2010, 20:39 (GMT+7)


Ngo Thi Bi Bi, an 80-year-old Pakistani citizen, made great contributions to Vietnam during its resistance wars against France and the US, thus, the president of Vietnam allowed her to change her citizenship to Vietnamese.

She became an invalid in the anti-French resistance war and then continued to serve during the revolution against the US.


She was born Mahamas Bi Bi. Her mother was from Hanoi and her father was a Pakistani merchant who traded in Saigon and Hanoi during the period leading up to the August Revolution of 1945.


The daughter of two bloodlines became a revolutionary solider in the anti-French resistance war under sensational circumstances.


It was unfortunate when her mother passed away, as she had just turned ten years old.


French colonists came back to occupy Saigon and Hanoi from 1945-1946, causing much difficulty for Mr. Mahamas’ business, so he went to Phnom Penh, Cambodia, bringing his daughter along.


In the country of temples, he missed his wife and searched for a Vietnamese tutor to bring up Bi Bi, who he loved very much.


Ngo Thi Nam, who had just arrived in Cambodia from Vietnam, agreed to work for him and be his daughter’s tutor.


Nam was a revolutionary soldier from the Mekong Delta province of Cuu Long, Vietnam, who came to Cambodia to seek shelter because French detectives had sought her.


French detectives followed her to Cambodia so she had to return to Chau Doc District in the Mekong Delta An Giang Province.


Nam did not have the heart to leave Bi Bi alone in Cambodia, with her father going off to trade in another province, so the tutor brought Bi Bi with her back to Vietnam.


At that time, Bi Bi was only 13 years old, apart from her father and live with the tutor, an adoptive mother, and she followed Viet Minh (Vietnam Independence League) from that day.


She followed her adoptive mother in conducting revolutionary activities in the vicinity of Gia Dinh.


Unluckiness came to her again when her adoptive mother passed away due to a serious illness.


Thenceforth, she was reared in a liberated area in Hoc Mon-Ba Diem-Phuc Hoa by many adoptive mothers and sister figures, who were revolutionary soldiers, before reuniting with her father in Saigon.


She became a messenger of the 15th Platoon and then of the 308th Regiment commanded by Huynh Van Mot when she turned 16 years old.


She helped many officers to travel secretly in and out of inner Saigon, and supplied chemicals, foods, clothes and many other goods to revolutionaries.


She also gave medicine and information to officers arrested at the Catinat police station.


While running errands for the 308th Regiment on Ong Co paddy field, now in Binh Thanh District, in 1948-1949, she was severely injured when enemy airplanes detected revolutionary soldiers, dropping bombs and firing down shots.


In the anti-American war, her health was not good but she made her house a place for officers to stay and organize meetings. She also adopted many children of war martyrs.


Now she lives alone in Ben Thanh Ward, Ho Chi Minh City’s District 1, and has enjoyed benefits from preferential polices for war invalids since the country’s reunification in 1975.


Source: SGGP


Source: QDND

Stocks rise as session closes

In Uncategorized on July 29, 2010 at 11:19 am

The shares on the Ho Chi Minh Stock Exchange swam upstream at the end of the July 29 trading session to finish a tad higher than yesterday amid investor hesitancy to buy stocks at lower prices.


VN-Index, which tracks 250 companies and four mutual funds, inched up 0.02 percent, or 0.11 points, to close at 491.11.
 
Liquidity on southern market severely dropped, as just around 37.4 million shares changed hands at VND1.1 trillion.
 
On the index, 100 stocks advanced, 96 retreated, while 58 remained unchanged.
 
Vinh Son – Song Hinh Hydropower Joint Stock Company (VSH) was the most active share by volume, with 1.57 million shares changing hands.
 
PetroVietnam Finance Joint Stock Corporation (PVF) came next with 1.49 million shares, followed by Gemadept Corporation (GMD) with 1.09 million shares traded.
 
620 Chau Thoi Concrete Corporation (BT6) and Khanh Hoa Power Joint Stock Company (KHP) both shot up 4.96 percent to VND74,000 and VND12,700 respectively.
 
From July 27 to September 27, Do Phuong Vi, wife of Le Anh Khoi – public relations agent of Khanh Hoa Power Joint Stock Company (KHP), registered to sell all her holdings of 3,100 shares for personal need.
 
FPT Corporation (FPT) climbed 4.93 percent, to VND74,500, from VND71,000 yesterday. The company’s pre-tax profits in the first six months of this year has reached more than VND1.08 trillion, up 38.1 percent year-on-year, and completing 51.29 percent of their goals for this year.
 
Binh Duong Trade and Development Joint Stock Company (TDC) closed up 4.91 percent to VND36,300.
 
Information and Networking Technology Joint Stock Company (CMT) declined for the second consecutive day, decreasing the daily maximum allowed limit of 5 percent to VND38,000.
 
Techno – Agricultural Supplying Joint Stock Company (TSC) fell for a third straight day, losing 4.96 percent to VND23,000.
 
Royal International Corporation (RIC) edged down 4.93 percent to VND19,300.
 
Stocks on the smaller bourse in the north also made a U-turn at the end of the trading session, gaining 0.4 percent, or 0.61 points, to close at 152.99. Trading volume rose to the highest level in the past five trading sessions, reaching 46.3 million shares, worth VND1.28 trillion.
 
The UPCoM-Index lost 0.59 points to 51.55 points. The market of unlisted stocks saw 326,300 shares change hands, at VND5.8 billion, as of 11 am local time.

Source: SGGP

Tourism sector sees big increases

In Uncategorized on July 29, 2010 at 11:19 am

Vietnam welcomed around 410,000 foreign tourists in July, bringing the total number of foreign visitors to the nation in the first seven months of the country to more than 2.9 million, a year-on-year rise of almost 35 percent.

A volunteer (R) of the Tourist Information Center helps foreign visitors cross a street in the heart of HCM City. (Photo: KK)

The Vietnam National Administration of Tourism said the number of foreigners coming to Vietnam for work increased by 46 percent, followed by those for vacation, up by more than 44 percent.


The number of foreign tourists from China recorded an impressive growth of 95.4 percent; followed by Cambodia, up 93 percent, Thailand, up 32 percent and the Republic of Korea, up over 31 percent.


HCM City was the leading locality in attracting foreign tourists in the first seven months with over 1.6 million, a year-on-year rise of 13 percent.


The increase in foreign holiday makers to Vietnam was attributable to the world’s economic recovery that helped boost tourism demand, said experts.


Vietnam has organised tourism promotion programmes and cultural exchanges in China, Japan, Korea and Cambodia in addition to roadshows in Australia, Norway and West European countries, they added.


The nation has targeted 4.5-4.6 million foreign tourists this year, a year-on-year increase of more than 17 percent.


Travel agencies will continue with tourism promotion and sales discount programmes in August and September in a number of key tourism cities and provinces.


Hanoi plans to organise tours to a number of ancient Vietnamese capitals, museums and homestays to attract more tourists to the city on the celebrations of its 1,000th birthday.

Source: SGGP

Sony leads Japan’s electronics makers back to black

In Uncategorized on July 29, 2010 at 11:19 am

TOKYO, July 29, 2010 (AFP) – Japanese electronics giant Sony on Thursday said it returned to the black in the fiscal first quarter thanks to strong sales in televisions, its PlayStation 3 console and computers.


The maker of Bravia televisions and Cyber-shot cameras reported a profit of 25.7 billion yen (293 million dollars) compared with a 37.1 billion yen loss a year ago.


Under chief executive and president Howard Stringer, the Japanese company has been streamlining operations and cutting costs to trim back the sprawling group, which was battered by the global downturn.


The electronics giant has been forced to undergo major restructuring — slashing thousands of jobs, selling facilities and turning to suppliers for parts — after seeing losses pile up as the financial crisis hit demand.


On Thursday Sony also upwardly revised its annual profit forecast by 20 percent to 60 billion yen in the year ending March 2011 despite worries over the yen’s strength versus other major currencies, which could erode profits.


The company warned that “further appreciation of the yen against the euro is expected for the remainder of the year” and revised its exchange forecast to 110 yen versus the euro, compared with 125 forecast in May.


It maintained its previous forecast of 90 yen to the dollar.


Japanese exporters remain anxious about the recent strength of the safe-haven yen versus the euro and the dollar amid ongoing uncertainty over the eurozone economy and doubts over the durability of a US recovery.


If sustained, a stronger yen could erode repatriated overseas profits and make goods more expensive overseas.


In the quarter ended June, Sony posted an operating profit of 67 billion yen compared to a loss in the same period a year ago.


The company is also banking on the mounting popularity of products that enable three-dimensional viewing.


In April it released a software update enabling the PS3 to support 3D games. Televisions showing 3D images went on sale in Japan last month.


Shares in Sony closed 0.03 percent lower in Tokyo Thursday before the earnings announcement.


Separately Toshiba Corp. said Thursday that it barely returned to the black for the first quarter on strong demand for flash memory chips used in laptops, smartphones and other gadgets.


Toshiba reported a net profit of 466 million yen, reversing a net loss of 57.8 billion yen a year earlier. Its sales for the three months rose 9.7 percent to 1.47 trillion yen.


Toshiba, whose business spans across consumer electronics, industrial components and nuclear power plants, maintained its forecast for a net profit of 70 billion yen on sales of 7.0 trillion yen for the current financial year.


Rival Sharp Corp. also said it returned to the black in the first quarter to June with a net profit of 10.7 billion yen (123 million dollars) on strong sales of liquid crystal display screens and mobile phone handsets.


It had posted a net loss of 25.2 billion yen a year earlier.


Japan’s top manufacturer of liquid crystal display (LCD) TVs, marketed under the AQUOS brand, said it expected a net profit of 50 billion yen for the current financial year to March 2011, unchanged from its previous forecast.

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Source: SGGP