wiki globe

Posts Tagged ‘$8’

8,000 Vietnamese laborers worked in Korea in 2010

In Uncategorized on January 8, 2011 at 11:31 am

In 2010, Vietnam sent more than 8,000 laborers to work in Korea under the EPS program. This is an increase of 1.7 times, as compared with 2009, said Phan Van Minh, director of Overseas Workers centre.

File photo shows that laborers are learning Korean at an employment agency to prepare for the examination.

Vietnamese young people are now able to find high-income jobs while working abroad. South Korea has become an attractive destination for many rural laborers, as it has a stable working environment and preferential policies.

In addition, 66,000 laborers registered to join the Korean language program and 29,400 candidates passed the examinations.

Under the EPS program, foreign workers are allowed to change jobs up to three times, within a three-year period. The workers also enjoy basic salary entitlements that are permitted under South Korean law. They are also protected by work related insurance policies, and salary and repatriation expenditure insurance. Finally, when their contracts finish, they may be re-employed by other Korean businesses.

To work in South Korea, workers must pass a Korean language test and meet specific criteria’s. Individuals, who can apply for the EPS program, are those who have just finished military service, students from vocational secondary schools and workers.

Source: SGGP

8 Chinese satay samples contain overused preservatives

In Uncategorized on January 8, 2011 at 4:24 am

Of 48 samples of Chinese satay collected randomly at markets in Hanoi, eight were discovered to contain a high quantity of preservatives, said health authorities.

Following revelations made by the Chinese media, who stated that their satay might contain a toxic cancer-causing substance, the Vietnam Food Administration and the Ministry of Health have investigated markets in Hanoi and the Northern provinces.

Inspectors arbitrarily collected 48 food samples of the Chinese satay (or pot-au-feu spices) for testing.

Test results show that eight samples contain a quantity of preservatives more than the government allows. However, it has not found any heavy metals or banned coloring substances in the spices.

Despite the test results, health authorities have warned customers not to buy these foods without a clear indication of their origin.

Related articles:
Vietnam tests ‘Chinese satay’ after revelation of toxic cancer-causing substance

Source: SGGP

Tien Minh to join tournament for world’s top 8

In Uncategorized on January 8, 2011 at 4:14 am

Tien Minh to join tournament for world’s top 8

QĐND – Sunday, January 02, 2011, 20:18 (GMT+7)

Nguyen Tien Minh has recently been confirmed one of eight places to compete at the World Super Series Final from January 5-9 in Taiwan, according to the Badminton World Federation (BWF).

Ranked sixth on the BWF Super Series Ranking, the Vietnamese No.1 player will join with seven others including Malaysian Lee Chong Wei, Long Chen and Pengyu Du from China, Thai Boonsak Ponsana, Peter Hoeg Gade and Jan O Jorgensen of Denmark, and Taufik Hidayat from Indonesia.

They will be drawn in two groups to play single round-robin format to select four best players to advance to the semifinals.

Whatever the result, each participant player will get a cash prize of at least US$4,250. Semifinalists will earn $10,000. Top two winners will win $40,000 and $20,000 respectively.

Source: tuoitrenews


Source: QDND

Spring Flower Festival 2011 to display 8,000 exhibits

In Uncategorized on December 24, 2010 at 4:36 am

The Spring Flower Festival for 2011 will be held at Tao Dan Park in HCM City from lunar December 25 to lunar January 6, 2011 (January 28 to February 8, 2011).

Spring Flower Festival will bring to visitors various types of bonsai trees. (Photo: KK)

The annual festival will feature around 8,000 exhibits including bonsai trees, ornamental plants, orchids, cacti, apricots and peach blossoms, ornamental birds, fruit arrangements and rock gardens from more than 600 Vietnamese and foreign artisans and flower clubs.

The annual festival is a traditional, cultural activity in Ho Chi Minh City. It is for the occasion of the Lunar New Year and attracts many people to the city.

Tourists and visitors will have a chance to enjoy many things such as: a bird singing competition, traditional music, folk games, a food fair, painting and a calligraphy exhibition.

Three special music performances will take place in the opening ceremony of the festival, which is the evening of lunar December 25.

The event aims to mark the 11th National Congress of the Communist Party of Vietnam and the 100th anniversary to the day late President Ho Chi Minh left Vietnam to seek a way for national salvation at Ben Nha Rong (Nha Rong Wharf) in 1911.


Source: SGGP

Vietnamese students compete in 8 sport events at the AUG 15

In Uncategorized on December 16, 2010 at 9:35 am

Vietnamese students compete in 8 sport events at the AUG 15

QĐND – Wednesday, December 15, 2010, 21:7 (GMT+7)

PANO- A Vietnamese sports delegation, including 157 students, coaches, officials and referees, has left Hanoi to attend the 15th ASEAN University Games 2010 (AUG 15) in Chiang Mai, Thailand, from December 15th to 23rd.

Vietnamese students will compete in 8 out of 17 events, including athletics, Pencak silat, football, swimming, table tennis, Teakwondo, Karatedo and volleyball.

In addition, during the games, there are also other activities between sports delegations from ASEAN countries, such as cultural exchanges and guided tours.

The Vietnamese delegation also brings to the Games many national traditional gifts, such as images of Long Bien Bridge and Khue Van Cac, to help regional friends learn more about Vietnam’s culture and people.

Translated by Van Hieu

Source: QDND

Swine flu claims 8 lives in Vietnam this year

In Uncategorized on November 19, 2010 at 2:01 pm

Central fatal floods killing 8 more

In Uncategorized on November 17, 2010 at 7:55 am

Prime rate to remain unchanged at 8 pct

In Uncategorized on October 29, 2010 at 5:09 am

The State Bank of Vietnam decided October 27 to retain the prime interest rate for dong deposit accounts at 8 percent for the 12th consecutive month. 

Transactions conducted at an Orient Commercial Bank branch in Ho Chi Minh City (Photo: SGGP)

The refinance interest rate is set at 8 percent per annum and the discount rate at 6 percent. The overnight rate in inter-bank electronic payments, and the rate of loans to finance balances in clearing transactions between the State Bank and commercial banks are all 8 percent per annum.

The decision will take effect as of November 1, 2010.

According to the bank’s statistics, the average deposit interest rate in dong has reduced by 0.14 percent per annum on the market.
The current average rate is 10.44 percent per annum.
Commercial banks have cut their deposit interest rates by 0.1-0.2 percent points to 11 percent per annum since October 15 in accordance with their commitment to the Vietnam Banking Association.

Source: SGGP

Intel to invest up to 8 billion dollars in US chip plants

In Uncategorized on October 20, 2010 at 4:08 am

NEW YORK, Oct 19, 2010 (AFP) – Intel Corp. announced plans on Tuesday to invest up to eight billion dollars in its US manufacturing facilities to produce next-generation computer chips.

(AFP file) Intel Chief Executive Officer Paul Otellini waves as he walks off the stage at the end of his keynote address at the 2010 International Consumer Electronics Show, January 7, 2010 in Las Vegas, Nevada.

Intel said the investment of six billion dollars to eight billion dollars over the next several years will fund deployment of its 22-nanometer (nm) chip manufacturing process across several existing US factories.

It will also fund construction of a new fabrication plant, known as a “fab,” in the northwestern state of Oregon, Intel said in a statement.

Intel, the world’s largest computer chip maker, is to begin production of its first 22nm microprocessors, codenamed “Ivy Bridge,” in late 2011.

Intel said the projects will support 6,000 to 8,000 construction jobs and result in the creation of 800 to 1,000 new permanent high-tech jobs.

“The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow,” Intel president and chief executive Paul Otellini said.

Otellini said the investment demonstrates the Santa Clara, California-based company’s “commitment to invest in the future of Intel and America.”

“Contrary to conventional wisdom, we can retain a vibrant manufacturing economy here in the United States by focusing on the industries of the future,” said Brian Krzanich, senior vice president of Intel’s manufacturing and supply chain.

In February 2009, Intel announced seven billion dollars in state-of-the-art upgrades to its 32nm manufacturing facilities in the United States.

While three-fourths of Intel’s revenue is generated overseas, the company said three-fourths of Intel’s microprocessor manufacturing is located in the United States.

Intel said the new plant in Oregon is scheduled to begin research and development in 2013. It said the investment will also be used to upgrade two existing factories in Arizona and two existing facilities in Oregon.

With one million personal computers shipping per day, Intel said the upgrades will create the manufacturing capacity to allow for continued growth of the PC market and to address growing sectors such as mobile computing.

“Intel makes approximately 10 billion transistors per second,” Krzanich said. “These investments will create capacity for innovation we haven’t yet imagined.”

Intel shares were up 0.73 percent to 19.33 dollars in early afternoon trading on Wall Street.

Source: SGGP

State Bank continues to keep base rate at 8 percent

In Uncategorized on October 14, 2010 at 6:27 pm

The State Bank of Vietnam on August 25 announced it would keep benchmark interest rates unchanged for a tenth consecutive month in September to boost lending.

The base rate will stay at 8 percent from September 1, SBV said in its statement. The refinancing and discount rates will also be held at 8 percent and 6 percent respectively. The overnight lending rate in the interbank market and the lending gap in the clearing of the State Bank for banks will be at 8 percent.

Source: SGGP