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Posts Tagged ‘efforts’

China supports EU efforts at financial stability

In Uncategorized on December 21, 2010 at 9:30 am

China supports measures taken by the European Union and the International Monetary Fund to stabilize Europe’s debt crisis, Vice Premier Wang Qishan said Tuesday.


China has also taken steps to help European nations combat the sovereign debt crisis, Wang said at the opening of the third China-EU High-Level Economic and Trade Dialogue.


Wang said the two sides “should have confidence and enhance cooperation to work together for a robust, sustainable and balanced growth,” according to the official Xinhua News Agency.


Last week, EU leaders agreed to the creation of a permanent rescue mechanism for debt-laden countries in 2013 that would replace an existing bailout fund.

Chen Deming, China’s minister of commerce, speaks at a press conference during the 3rd EU-China High-level Economic and Trade Dialogue at the Diaoyutai State Guesthouse in Beijing on Tuesday December 21, 2010.

Ireland last month agreed to borrow up to euro 67.5 billion ($90 billion) from the EU and International Monetary Fund and implement severe spending cuts as its economy staggered under the weight of massively indebted banks.


The Irish rescue followed the EU-IMF bailout of Greece earlier this year and added to fears that other financially weak countries including Portugal and Spain would need bailouts, imperiling the future of the euro common currency.


China has also been involved in bailing out European countries, offering in October to buy Greece’s debt. Last week, Portugal said that China had pledged increased support for its efforts to climb out of a financial crisis, reportedly promising to buy $4 billion in Portugese government debt.


The EU is China’s largest trading partner, while China is the EU’s second-largest trading partner behind the United States, Wang said. Two-way trade for the first 11 months this year reached $433.9 billion, an increase of 33 percent from the previous year.


Wang said global economic recovery is being hampered by weak demand, while world markets have excessive liquidity and are turbulent.


He reiterated that China would implement a prudent monetary policy to ensure the world’s second-largest economy can maintain steady growth.


“China is taking a proactive fiscal policy and stable currency policy, while the EU is actively taking measures to combat the debt crisis,” Wang said. “China and the EU should strengthen cooperation to promote strong, sustainable and all-around growth for the economies of China and EU and even the global economy.”


Other officials participating in the talks include EU Competition Commissioner Joaquin Almunia, EU Trade Commissioner Karel De Gucht and China’s Commerce Minister Chen Deming.


Wang said he expected “substantive” progress during the talks on a wide range of trade and economic issue, including recognition of China’s market economy status and the loosening of EU restrictions on high-tech goods exports.


Wang said China and the EU should cooperate in a variety of sectors, including new energy and environment protection, while fighting protectionist measures.


“We need to jointly resist trade protectionism, advancing Doha round talks for balanced and all-around success,” he said.

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Source: SGGP

Joining efforts to help people in central Vietnam

In Uncategorized on November 6, 2010 at 1:50 pm

Government pushes up efforts to curb inflation

In Uncategorized on November 6, 2010 at 1:49 pm

Efforts made to ensure textbooks, notebooks for flood-torn areas

In Uncategorized on October 27, 2010 at 9:09 am


It is estimated that losses caused to the education sector the central provinces Nghe An, Ha Tinh and Quang Binh by floods in the past two weeks is VND700 bllion (US$35 million), the Ministry of Education and Training said Tuesday.

A soldier helps Cam Vinh Primary School’s teacher in Ha Tinh Province dry books.

All textbooks, teaching and studying tools have been swept away by the flood. Many schools and equipments have been seriously damaged, according to a ministry report.


Vietnam Education Publishing House has printed more textbook for kids to return to schools after flood.

The ministry has called for local and foreign individuals and organizations to support the country’s education sector, and help children in danger of dropping out of school to continue their study.

The sector ensures that all students will have enough textbooks ready for coming back to schools. Not any child flood victims will leave school, Deputy Minister of Education and Training Nguyen Thi Nghia said.

Source: SGGP

Efforts to reduce post-harvest losses

In Uncategorized on October 25, 2010 at 5:39 pm




Efforts to reduce post-harvest losses


QĐND – Monday, October 25, 2010, 20:36 (GMT+7)

The Vietnamese Government will offer preferential loans to organisations and individuals for the purchase of machines and equipment to reduce post-harvest losses in the agriculture and aquaculture sectors.


Under a decision approved by Prime Minister Nguyen Tan Dung, the State budget will subsidise the total interest rates for these loans in the first two years, and 50 percent from the third year onward.


Borrowers may take out loans equal to the value of the equipment they wish to purchase from the Vietnam Agriculture and Rural Development Bank.


Direct producers, including co-operatives, households and individuals, and businesses who sign contracts with farmers will be eligible for the support.


The decision also stipulates a list of eligible machines and equipment including: dryers; machines used for the cultivation and harvest of rice, coffee tea and sugarcane; and machines used for aquatic production and cold storage.


In addition, domestic production must account for 60 percent of the value of the loan and conform to trade standards, including registered trademarks.


The decision also regulates that organisations, households and individuals who buy grinders and coffee processing machines with waste water treatment systems will qualify for preferential interest rates on investment credit.


Investment projects for the construction of storehouses with capacity totalling four million tonnes will benefit from the low interest rate as well as a land lease exemption and 20 percent of land clearance costs.


The decision stipulates that enterprises will be exempt from paying business income tax in the first three years and reduced to half for the next two years.


The State budget will also cover 100 percent of the expenses for organisations, households and individuals to experiment with high quality rice and maize breeds for the first time.


People who buy patents or register intellectual property rights for farmers’ products will receive the support.


Scientific applications to reduce post-harvest losses will be added to a list of beneficiaries for support from the national technology renewal fund.


Standing Deputy Prime Minister Nguyen Sinh Hung has instructed the Southern Food Corporation to complete its plans for construction of a food warehouse system in the Cuu Long (Mekong) Delta Region before June 31, 2012.


The Ministry of Finance will review the land use rights exemption for the project and submit the proposal to the PM for approval.


The corporation will ask investors to complete investment credit loan applications from the Vietnam Development Bank as well as commercial banks to determine their interest in medium-and-long-term loans.


Statistics from the Ministry of Agriculture and Rural Development show that the region has annual productivity of around 20 million tonnes, accounting for 90 percent of the country’s rice exports.


However, it says the total capacity in the region’s warehouses is only 1.5 million tonnes, meeting just 30 percent of demand.


The plan is expected to be an important solution to improve quality and reduce post-harvest losses for the key export item.

Source: VNA

Source: QDND

Efforts to sustain poverty reduction

In Uncategorized on October 17, 2010 at 10:23 pm




Efforts to sustain poverty reduction


QĐND – Sunday, October 17, 2010, 20:41 (GMT+7)

Vietnam has tried very hard to reduce its poverty rate and assist the poor and the Vietnam Fatherland Front has held the ‘Day for the Poor’ for ten years.


The movement has made very encouraging achievements through active response from various groups of Vietnamese people, organizations and businesses inside and outside the country.


The movement has mobilized many resources worth trillions of Vietnam dong to assist the poor with production materials and food between crops. The Fund for the Poor has helped to build almost one million houses for more than four million poor people.


Tens of millions of poor people have received money to buy bicycles and pay for education. They were also given regular and emergency medical treatment. Millions of poor households were granted preferential credit whiles tens of thousands of poor people received free vocational training.


They have also been provided with free health insurance cards and legal assistance.


The State has continually written and issued comprehensive policies to cover the basic demands of the poor and has many different channels for assistance.


However, more is still needed to maintain the results of poverty reduction as many people who have escaped from poverty are in danger of relapsing, especially after natural disasters, epidemics or economic shocks. Under the new criteria for poverty from now until 2015, Vietnam will have 3.3 million poor households or about 15 million poor people.


One measure that has been effective in addressing this issue is using mass media to raise public awareness and encourage poor people to rise out of poverty.


Source: VOV


Source: QDND

Vietnam spares no efforts to build new rural areas

In Uncategorized on August 7, 2010 at 3:20 pm




Vietnam spares no efforts to build new rural areas


QĐND – Saturday, August 07, 2010, 22:7 (GMT+7)

Vietnam will mobilise the entire political system to carry out its national programme on building new rural areas, Prime Minister Nguyen Tan Dung has said.


The PM delivered this commitment while chairing an August 6 online conference to launch the national programme on building new rural areas from 2010 to 2020.


Deputy PMs Nguyen Sinh Hung, Truong Vinh Trong and Hoang Trung Hai and leaders of the concerned ministries, agencies and 63 cities and provinces also attended the event.


PM Dung said the programme, designed to address the important issues of agriculture, farmers and new rural areas, is a general development programme in terms of economy, culture and society.


It would promote the self-reliance rights of people, build the political system, and ensure national defence, security and social order. In this way both Party and State take care of the lives of people in rural areas, who account for 70% of the nation’s population, the leader said.


Participants agreed to set the targets that 20% of the country’s communes will meet new rural requirements by 2015 and half of the total number of communes will achieve the requirements five years later.


PM Dung promised to provide 40% of the needed capital for the performance of the programme and the rest will be sourced from credits, businesses, cooperatives, economic sectors and the community.


The government leader also requested cities and provinces prioritise institutional reforms and human resources and technical infrastructure development, especially in education.


Source: VNA


Source: QDND

Government efforts to control prices pay off

In Uncategorized on July 27, 2010 at 3:24 pm




Government efforts to control prices pay off


QĐND – Tuesday, July 27, 2010, 20:59 (GMT+7)

The very slight increase in July’s Consumer Price Index (CPI) is attributed to the government and local authorities’ efforts to curb inflation, reports the General Statistics Office (GSO).


According to the GSO, July’s CPI is estimated to have risen by only 0.06 percent over last month, much lower than the earlier forecasts of 0.2-0.3 percent and is the lowest monthly growth in CPI for a past year.


The government’s policies to stabilise prices have started to pay off in recent months driving July’s CPI growth to a record low, said the GSO, citing the gradual decrease in the CPI, from 1.35 percent in the first quarter to 0.21 percent in the second quarter and to 0.44 percent in the third quarter.


However, there are still many things to do to achieve the government’s target for this year’s growth in inflation to be under 8 percent, as so far inflation this year has climbed to 4.84 percent, the GSO said.


Meanwhile, the Ministry of Planning and Investment (MPI) seems to be more optimistic, predicting that the CPI in August will continue to increase slightly and inflation for the whole year will be kept below the target.


As the economy is still to make a full recovery and people’s incomes have not improved much, a rise in the prices of essential goods items will have a considerable impact on people’s lives, according to the GSO.


Moreover, factors emerging from the world’s economy recovery that may affect input costs as well as natural disasters are likely to result in a surplus in demand, making the prices of essential goods surge suddenly, leading to a rise in inflation, it said.


Therefore, according to the GSO, central government and local authorities should be well prepared to take flexible measures and stabilising exchange rates and ensuring the market’s liquidity are top priority.


Recent moves taken by authorities in the larger provinces and cities to help local businesses stock up with goods in anticipation of a possible surge in prices and the Ministry of Finance’s decision to ask petroleum traders to restrict changes to petrol prices are down to the government’s determination to stop inflation from rising.


Source: VNA


Source: QDND

Efforts focused on stamping out cholera outbreaks

In Uncategorized on July 15, 2010 at 4:51 pm




Efforts focused on stamping out cholera outbreaks


QĐND – Thursday, July 15, 2010, 20:43 (GMT+7)

The health sector should focus on stamping out cholera outbreaks, and said there was no need to continue cholera bacterium tests, said Deputy Health Minister Trinh Quan Huan on July 14.


The health official made the announcement at a meeting of the Steering Committee for Influenza Pandemic Prevention, saying the sector needs to tighten the examination of unhygienic food and untreated canal water, and provide anti-bacterium chemical substances to families to help them treat the disease.


During the past two weeks, 11 cities and provinces in the country have reported over 100 cases testing positive for cholera bacterium. However, the real number was believed to be much higher.


Nguyen Van Kinh, Director of the Hanoi-based Central Tropical Diseases Hospital, said that since June 28, the hospital has received 183 patients with clinical signs of acute diarrhea, including 50 persons who tested positive for cholera bacterium.


On July 13 alone, the hospital received six cases with clinical signs of acute diarrhea, including one person who tested positive for cholera bacterium.


Source: VOVNews/VNA


Source: QDND

Efforts focus on stamping out cholera outbreaks

In Uncategorized on July 15, 2010 at 1:06 pm

Deputy Health Minister Trinh Quan Huan on July 14 told the health sector to focus on stamping out cholera outbreaks, and said there was no need to continue cholera bacterium tests.

Inspectors conduct an inspection to commune Duong Noi in Hanoi, where supply mostly dog meat for eateries

The health official made the announcement at a meeting of the Steering Committee for Influenza Pandemic Prevention, saying the sector needs to tighten the examination of unhygienic food and untreated canal water, and provide anti-bacterium chemical substances to families to help them treat small outbreaks.


During the past two weeks, 11 cities and provinces in the country have reported over 100 cases testing positive with cholera bacterium. However, the real number was believed to be much higher.


Nguyen Van Kinh, Director of the Hanoi-based Central Tropical Diseases Hospital said that since June 28, the hospital has received 183 patients with clinical signs of acute diarrhea, including 50 persons who tested positive for cholera bacterium.


On July 13, alone the hospital received six cases with clinical signs of acute diarrhea, including one person who tested positive with cholera bacterium.

Source: SGGP