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Posts Tagged ‘months’

Thai ‘Red Shirts’ rally six months after crackdown

In Uncategorized on November 20, 2010 at 6:14 am

Hanoi intensifies price stabilization in remaining months

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

More than 5.8 million tonnes of rice exported in ten months

In Uncategorized on November 5, 2010 at 12:20 pm

Inflation likely in remaining months of 2010

In Uncategorized on October 30, 2010 at 2:11 pm




Inflation likely in remaining months of 2010


QĐND – Saturday, October 30, 2010, 20:57 (GMT+7)

Economists and managers forecasted the risks of re-inflation in the remaining months of this year and now it has become a reality.


Many notable events took place in the last week of October including the hot issue of escalating prices at the National Assembly’s 9th session, problems with production and business operations of domestic enterprises and negative consequences of recent historic floods in the central region.


In addition, according to the General Statistics of Office (GSO), the Consumer Price Index (CPI) saw a strong rise of 1.05 percent in October compared to September. Experts say with this high level, the CPI in the past 10 months reached 7.58 percent (nearly the 8 percent set by the government for the entire year).


In theory, to curb the inflation rate at 8 percent this year, the CPI should be allowed to increase by 0.21 percent in the two remaining months. This figure means that combating inflation over 8 percent is very difficult and not feasible in the remaining months of 2010.


Economic experts attributed the increase to the foreign exchange rate, rising prices in the world markets and adjustment of prices for raw input materials such as iron, steel and gas, which will have an adverse impact on prices of goods in the remaining months of the year.


The increase in the foreign exchange rate for a series of essential imported goods will raise input costs for production and continue to drive the prices of goods up.


In October, there was also an increase in prices for 300 types of goods including milk (ranging from 8 to 10 percent), domestic confectionaries and cooking oil (2-3 percent), sugar (10 percent), imported confectionaries (5-7 percent), according to the Vietnam Supermarket Association.


After October, both managers and consumers will feel the heat of potential escalating prices for many goods in the next months. This is expected to become worse due to fluctuations in the domestic gold market and the rise of the US dollar in recent weeks.


High inflation in October and prediction of rising prices in the remaining months of this year indicate that monetary policies will continue to be tightened. Banking and economic experts say that banks will find it difficult to reduce interest rates while inflation rate continues to rise.


Relevant agencies, ministries and businesses also find it themselves difficult to curb inflation if interest rates decrease. If interest rates remain high, businesses will also have to face high input costs for production. As a result, the price of goods will increase, especially in the remaining months of this year while the consumer demands are predicted to be great. This poses a challenge to stabilize prices of goods in the local market.


In general, economic experts said that inflation cannot be curbed only by stabilizing prices in the market. It is necessary to solve thorny problems in the macro-economy such as budget overspending, high import surplus, the trade deficit, a reduction in foreign currency reserves, high interest rates on loans, and lack of synchronized policies.


Source: VOV


Source: QDND

Nearly 4 million foreign visitors arrive in Vietnam in nine months

In Uncategorized on October 16, 2010 at 6:25 pm




Nearly 4 million foreign visitors arrive in Vietnam in nine months


QĐND – Saturday, October 16, 2010, 20:51 (GMT+7)

Vietnam has welcomed nearly four million of foreign arrivals in the first nine months of this year, a huge increase compared to previous years and up 34.2 percent against last year figure, according to statistics from the Vietnam National Administration of Tourism.


Of the tourists, around 37,500 traveled by sea, up 22 percent against the same period last year.


On October 15, Viet Excursion Company welcomed a five-star cruise liner named Diamond Princess at Phu My port in HCM City. The cruise ship carried 2,585 visitors and 1,063 crew members from 47 nations and territories around the world.   


Meanwhile, HCM city’s tourism sector is organizing more entertainment and art programmes for tourists in the hope of receiving its 3 millionth visitor late this year.

Source: VOV


Source: QDND

Air travel surges 20 percent in 9 months

In Uncategorized on October 14, 2010 at 6:33 pm




Air travel surges 20 percent in 9 months


QĐND – Thursday, October 14, 2010, 21:19 (GMT+7)

The aviation market in the first nine months saw a year-on-year increase of more than 20 percent in the number of passengers, estimated the Civil Aviation Administration of Vietnam.


The administration estimated that roughly 15 million passengers went through the country’s airports in the first nine months of this year, of which Vietnam Airlines, Jetstar Pacific and Vietnam Air Service Co (Vasco) accounted for more than 11 million.


In the first nine months, the administration also estimated that roughly 340,000 tonnes of goods were transported via air, an increase of 36 percent over the same period last year.


Industry insiders forecast the country’s aviation market in the last quarter will continue to surge due to an increased number of flights licensed by the aviation authorities for foreign airlines including Turkish Airlines, Poland ‘s LOT and Qatar Airways.


Vo Huy Cuong, director of the administration’s Air Transport Department, attributed the steady growth to the continuing strong expansion of the domestic segment backed by flagship carrier Vietnam Airlines.


Cuong said that Vietnam Airlines and its subsidiary Vasco still account for the lion’s share of around 80 percent of the domestic market while the rest is covered by Jetstar Pacific.


With the introduction of Air Mekong and Blue Sky Air recently, which lifts the number of operational airlines in the country to nine, it is expected that the competition in the domestic aviation market will increase.


The administration expects that the country’s overall aviation market will grow roughly 20 percent in 2010, higher than the 14 percent figure it projected earlier this year, thanks to more domestic services and a significant increase in the number of international visitors.


The administration’s statistics showed that roughly 26.2 million passengers and 445,800 tonnes of cargo were transported by air last year, four times higher than in 2000.


Source: VNA


Source: QDND

US$9.1 billion of FDI poured into Vietnam first seven months

In Uncategorized on October 13, 2010 at 7:53 am

Foreign direct investment (FDI) in Vietnam reached US$9.1 billion in the first seven months of the year, a year-on-year rise of 68.2 percent, reported the Ministry of Planning and Investment’s Foreign Investment Department.

Natural Environment Viet Nam Co., Ltd., 100% capital owned by Australia, produces potteries for export in HCMC (Photo: SGGP)

In seven months, the country licensed 533 projects registered a total capital of US$8.4 billion.
 
In July alone, 16 existing projects increased their capital by US$190 million, bringing the amount of capital added to existing projects in the Jan-July period to USD 715 million.

In comparison with the same time last year, the number of new projects reduced by 16.1 percent, but the registered capital increased by 5.4 percent.
 
So far this year, USD6.4 billion was disbursed, a year-on-year rise of 1.6 percent, or equal to two thirds of the yearly plan.
 
In seven months the sector’s exports, including crude oil, hit USD20.6 billion, a year-on-year increase of 26.7 percent. Meanwhile, its import turnover was USD 19.45 billion, up 46.4 percent.


The industrial production value soared by 12.3 percent in July, making the total value in seven months rise by 13.5 percent.
 
The Southern province of Ba Ria-Vung Tau topped the list of localities receiving FDI capitals in the first seven months, with total investments of US$2,156.9 million or accounting for 25.6 percent of the total registered capital. The northern Quang Ninh Province was second, with US$2,147 million or equal to 25.5 percent, followed by Ho Chi Minh City with US$1,077.3 million, equal to 12.8 percent.
 
Countries and territories with high investment capital in Vietnam in the reviewed period were the Netherlands, the Republic of Korea, Japan, the US, Taiwan (China), Cayman Islands, China, Singapore and Russia.

Source: SGGP

US$9.1 billion of FDI poured into Vietnam first seven months

In Uncategorized on July 30, 2010 at 11:17 am

Foreign direct investment (FDI) in Vietnam reached US$9.1 billion in the first seven months of the year, a year-on-year rise of 68.2 percent, reported the Ministry of Planning and Investment’s Foreign Investment Department.

Natural Environment Viet Nam Co., Ltd., 100% capital owned by Australia, produces potteries for export in HCMC (Photo: SGGP)

In seven months, the country licensed 533 projects registered a total capital of US$8.4 billion.
 
In July alone, 16 existing projects increased their capital by US$190 million, bringing the amount of capital added to existing projects in the Jan-July period to USD 715 million.

In comparison with the same time last year, the number of new projects reduced by 16.1 percent, but the registered capital increased by 5.4 percent.
 
So far this year, USD6.4 billion was disbursed, a year-on-year rise of 1.6 percent, or equal to two thirds of the yearly plan.
 
In seven months the sector’s exports, including crude oil, hit USD20.6 billion, a year-on-year increase of 26.7 percent. Meanwhile, its import turnover was USD 19.45 billion, up 46.4 percent.


The industrial production value soared by 12.3 percent in July, making the total value in seven months rise by 13.5 percent.
 
The Southern province of Ba Ria-Vung Tau topped the list of localities receiving FDI capitals in the first seven months, with total investments of US$2,156.9 million or accounting for 25.6 percent of the total registered capital. The northern Quang Ninh Province was second, with US$2,147 million or equal to 25.5 percent, followed by Ho Chi Minh City with US$1,077.3 million, equal to 12.8 percent.
 
Countries and territories with high investment capital in Vietnam in the reviewed period were the Netherlands, the Republic of Korea, Japan, the US, Taiwan (China), Cayman Islands, China, Singapore and Russia.

Source: SGGP

Only 10 percent Vietnamese babies breastfed exclusively during first six months of life

In Uncategorized on July 30, 2010 at 7:20 am

Only 10 percent of children in Vietnam are breastfed exclusively during the first six months of life. This situation calls for urgent action to promote breastfeeding, particularly by healthcare providers and communities in Vietnam.

Breastfeeding exclusively during the first six months of life plays an important role in babies and infants’ lives.  


The Ministry of Health, the United Nations and the Alive & Thrive initiative co-organized a press conference to launch World Breastfeeding Week 2010 (WBW) and the “call for action” is just part of WBW.

Deputy Health Minister Nguyen Ba Thuy stressed breastfeeding is the most complete form of nutrition for infants and small children during the first six months of life, only 10 percent of children in Vietnam are breastfed exclusively during this critical period of their lives and only 55 percent of Vietnamese mothers initiate breastfeeding within the first hour after birth.

The main reasons cited for delayed initiation of breastfeeding are a belief that mothers’ breast milk production is inadequate; C-section deliveries; separation of mother and child immediately after birth; insufficient counselling from healthcare providers due to busy schedules; and the availability of milk formula.

Research has also found that feeding infants with water after breastfeeding is a popular practice in both urban and rural areas of Vietnam (‘exclusive breastfeeding’ means infants receive no food or drink other than breast milk unless doctor ordered).

Some mothers believe that they lack sufficient breast milk to adequately nourish their children up to six months and often begin to supplement breast milk with formula milk and/or other foods at around four months of age. For those employed in the formal sector (20-30 percent of all mothers), the need to return to work after four months of maternity leave poses a challenge to continued exclusive breastfeeding. Lack of support from family members and health workers is another barrier to mothers exclusively breastfeeding their children.

Themed “Breastfeeding: Just 10 Steps, the Baby-Friendly Way,” World Breastfeeding Week this year aims to highlight the vital role that healthcare workers and facilities play in promoting breastfeeding. It calls for every health facility providing maternity services and care for newborn infants to provide support to mothers in breastfeeding using the ten steps.


The ten steps to successful breastfeeding were first presented in the 1989 WHO/UNICEF Joint Statement on the Protection, Promotion and Support of Breastfeeding: The Special Role of Maternity Services. Since then UNICEF and WHO have called for the implementation of the ten steps to successful breastfeeding in all maternity facilities because health workers play a critical role in influencing mothers’ decisions on how to feed their infants and young children.

WBW is celebrated in more than 120 countries to encourage breastfeeding as an important way to improve the health and development of infants and young children.


Efforts to encourage better breastfeeding practices in Vietnam are part of a national program on children and mother’s care to help ensure that children grow and reach their full potential. The country’s “Child Survival Action Plan” has set out the goal to achieve a 50 percent exclusive breastfeeding rate across the country by 2015.


The Ministry of Health will work closely with line ministries and mass media outlets to achieve the goal, recognizing that without improving breastfeeding rates and child nutrition would jeopardize attaining the Millennium Development Goals in Vietnam.

Source: SGGP

Southern birth rate falls 2.8 percent in first six months

In Uncategorized on July 2, 2010 at 6:19 pm




Southern birth rate falls 2.8 percent in first six months


QĐND – Friday, July 02, 2010, 21:53 (GMT+7)

The birth rate in southern provinces reduced by 2.8 percent during the first six months this year, reports the Ministry of Health’s General Department of Population and Family Planning.


The total number of children born during the first half of this year was reported at 538,280, a reduction of 2.8 percent against the same period las year, Tran Mai Hoa, deputy head of the general office, said at the July 1 online meeting to review population planning during the past six months and map out future plans.


About 23 provinces have a higher birth rate compared with the same period of 2009.


Nguyen Ba Thuy, Deputy Minister of Health, said at the conference 24 of 63 provinces and cities haven’t assigned population officers to commune level.


Birth rates reduced sharply, about 1.8 children for each woman, in localities including HCM City, Tien Giang, Binh Thuan, An Giang, and Ca Mau. The nember of third children went down by 2,323 or four percent during the period.

Source: VNA

Source: QDND