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Posts Tagged ‘remains’

Cold weather remains unabated for next ten days

In Uncategorized on January 12, 2011 at 7:15 am

A bitter cold wave covered northern Vietnam on Sunday, lashing it with rain and cold northeasterly winds. The National Hydro Meteorological Forecasting Center predicted these conditions would last for a further ten days.

The temperature has dropped to less than 8-9 degrees Celsius in Hanoi and remained below 0 degree Celsius in the mountainous provinces of Lang Son and Cao Bang.

The northern provinces of the central region have also suffered bitter cold winds.

It is expected that the biting cold weather will prevail over northern Vietnam on January 11 and 14 and icy and snowy conditions may cover the Mau Son mountaintop and also other places in the mountainous region.

The entire belt from Da Nang to the southern part of the central region has been affected by this bitter cold wave.

Meanwhile, the Central Highlands and southern regions will continue to experience extreme cold at night and during the early hour of morning. The prevailing temperatures will hover around 18-20 degrees Celsius.

Source: SGGP

Vietnam remains an attraction of foreign investors

In Uncategorized on November 13, 2010 at 1:59 pm

Demand for accounting/finance personnel remains “hot”

In Uncategorized on October 19, 2010 at 8:11 pm

Demand for accounting/finance personnel remains “hot”

QĐND – Tuesday, October 19, 2010, 22:14 (GMT+7)

Accounting/finance ranked third amongst the top five functions with the highest demand for executive positions during the first three quarters of 2010, reported Navigos Group.

Of the total demand for accounting/finance manpower, 25 percent was for finance managers and directors, 4 percent for finance controllers and demand for chief accountants and accountants was a substantial 38 percent and 33 percent respectively, according to a recent research carried by the leading and largest recruiting firm in Vietnam.

Navigos Group’s Managing Director Nguyen Thi Van Anh said, “The most recent monetary downturn was witness to the growing influence and control that chief finance officers and finance leaders have in guiding businesses through troubled times.”

“No longer just bookkeepers for their firms, accounting and finance professionals are regarded as business partners, skilled in areas of divesting and restructuring businesses, developing financial models and analysing financial forecasts, as well as developing back office transaction processes that support cast flow and drive efficiencies in so many areas,” the director said.

Le Thi Hong Len, Country Manager of the Association of Chartered Certified Accountants (ACCA), added that changes in the roles of professional accountants and the finance function itself are partly a consequence of the downturn, and partly an outcome of a growing recognition of the value that the finance function and professional accountants can add to an organisation.

Len quoted the findings of an intensive survey conducted by ACCA in 105 countries last March, in which nearly 70 percent of respondents considered it very important for organisations to have a formal programme to develop the best financial talent.

Up to 75 percent of the respondents suggested that talent management was an important component in addressing financial skills shortages prevalent in many organisations.

Navigos Group and ACCA jointly hosted a seminar “Accounting/Finance Talent in 2010” in Hanoi on October 19 to update the most current trend and how best to recruit and develop accounting/finance talent in Vietnam .

The seminar brought together approximately 200 chief executive officers (CEOs), chief finance officers (CFOs), human resources directors and managers from domestic and multinational corporations.

A similar seminar will be held in the southern largest economic hub of Ho Chi Minh City on October 21.

Source: VNA

Source: QDND

Economic growth remains high

In Uncategorized on October 13, 2010 at 3:55 am

Economic growth remains high

QĐND – Saturday, October 02, 2010, 20:19 (GMT+7)

All economic sectors have achieved high growth and many exports have improved and are likely to meet their targets a month ahead of schedule.

High growth in all fields

The General Statistics Office (GSO) under the Ministry of Planning and Investment (MoPI) says that, over the past nine months, all sectors have achieved higher growth than the period before. Economic growth increased from 5.83 percent in the first quarter to 6.4 percent in the second, and 7.16 percent in the third.

Despite the impacts of droughts and storms, agricultural production still rose by 4.6 percent compared to the same period last year and epidemics were controlled.

According to the MoPI, industrial production value increased by 13.8 percent to nearly VND 574,000 billion, a year-on-year increase of 200 percent, making it the sector with the highest growth.

Processing and manufacturing accounted for 89.4 percent of the industry’s total production value, reaching a 14.7 percent growth rate, 6 percent higher than the previous period.

Some major products achieved high growth of 16.4-121.2 percent, including powdered milk, sport shoes, glass, trucks, chemical paint and cement.

Nguyen Thanh Bien, deputy Minister of Industry and Trade, said at a meeting on October 1 that in the reviewed period the sector made up two-thirds of the country’s total export value with US$35 billion, a year-on-year increase of 33.3 percent.

To maintain growth in the three remaining months, the industry must accelerate the production of products with high consumer demand to balance supply and demand as well as to fulfill targets set for industrial production and export.

Exports made progress

Mr Bien said that, by the end of September, the country’s exports hit US$51.5 billion, up 20.5 percent compared to the same period last year. Exports in September alone reached US$6.1 billion.

The foreign directed sector’s exports in the first nine months of this year are estimated to hit US$23 billion, up 40.1 percent over the same period last year.

23 out of 26 products achieved high export growth over the past nine months, and 6 of them increased by more than 50 percent. During that time, 13 products earned more than US$1 billion from exports, with garments topping the list at over US$8 billion, up 20.6 percent.

Le Van Dao, vice president of the Vietnam Textile and Garment Association (VTGA), said garment exports surpassed US$1 billion per month over the past three months and the sector will be able to meet its set target of US$10.5 billion in November.

Dao said that garment businesses have orders for the end of this year and even for the beginning of next year. Except for the EU market, exports to major markets, such as the US and Japan have achieved high growth. Thanks to Free Trade Agreement between ASEAN, Japan, and the Republic of Korea, exports to these markets rose sharply, the RoK rose 80 percent and Japan rose 15 percent.

According to a report from the Ministry of Agriculture and Rural Development, agricultural, forestry and seafood exports are estimated to reach US$1.75 billion, bringing their total export value in the first nine months of this year to US$13.93 billion, up 23.3 percent.

Five products exporting more than US$1 billion are seafood, coffee, rubber, wood and particularly, rice. Vietnam has exported 5.6 million tonnes of rice, earning US$2.59 billion, up 12.3 percent in volume and 15.2 percent in value.

The export price of rice in September declined slightly compared to the previous month, however, it is nearly equal to that of Thailand.

As a result of price hikes, rubber exports rose significantly. In nine months, 531,000 tonnes of rubber have been exported, bringing in US$1.45 billion, up 10.9 percent in volume but nearly 200 percent in value.

Seafood exports reached US$3.5 billion in the reviewed period, leading the agricultural industry in exports and raking third in the list of products with the highest export values after garments and crude oil.

Forestry exports still gained positive results with an estimated export value of US$320 million in September, bringing the total value over nine months to US$2.6 billion.

Although coffee exports still faces difficulties, the country shipped 925,000 tonnes of coffee in the reviewed period, earning US1.23 billion, up 4.2 percent in volume and 0.9 percent in value.

Mineral products, such as coal and crude oil declined sharply. In nine months nearly 14.7 million tonnes of coal worth US$1.16 billion were exported, down 17 percent in volume but up 16.2 percent in value, while 6.08 million tonnes or US$3.67 billion worth of crude oil was exported, down 44.3 percent in volume and 22.2 percent in value.

Import-export targets to be fulfilled a month ahead

According to the GSO, imports in September are estimated to reach US$7.15 billion, bringing the total import value for the first nine months to US$60.08 billion, up 22.7 percent compared to the same period last year.

More than US$1 billion of 13 products were imported, including machinery, equipment, tools, petroleum, steel, cotton, electronics, computers and components.

The trade deficit in September was US$1.05 billion, bringing the nine month total to US$8.6 billion, accounting for 16.7 percent of total export value.

Exports have experienced strong growth since the beginning of this year, 1.6 percent in the first quarter and 17 percent in the first six months of this year. It is estimated they will triple the amount in the set plan.

It is expected that import-export value will meet the set target a month ahead of the schedule. The Government’s target for a trade deficit not over 20 percent will probably be achieved.

However, the MoIT still asked its member units and businesses to continue accelerate production to ensure the balance of supply and demand for essential commodities to meet domestic consumption and exports.

They must step up investment and capital disbursement for projects so Vietnam will less dependent on imported materials.

In addition, departments must pour more investment into projects, especially electrical projects or projects to improve the production capacity of exports.

Source: VOV







Source: QDND

Ceausescu remains exhumed to check identity

In Uncategorized on July 31, 2010 at 7:18 am

 Romanian dictator Nicolae Ceausescu and his wife Elena’s remains were being exhumed Wednesday from a Bucharest graveyard in order to check their identity, their son-in-law Mircea Opran said.

“Today, the corpses will be exhumed in order to get samples for DNA testing. We have to know if it is really them who are buried here”, Opran told private TV channel Realitatea.

Opran is the husband of the late daughter of the Ceausescus, Zoe.

Elena Ceaucescu (L) and ousted Romanian President Nicolae Ceaucescu (R) on television 25 December 1989 in Bucharest during their trial

A cemetery official told AFP that the exhumation had already begun on Wednesday morning.

Nicolae Ceausescu ruled Romania with an iron hand from 1965 until 1989.

After street protests against his communist regime, he and his wife fled Bucharest in December 1989. Arrested a few hours later, they were summarily tried and executed on December 25 1989.

Their remains were buried in Ghencea military graveyard, authorities said.

Source: SGGP

Soldiers’ remains repatriated from Cambodia

In Uncategorized on July 23, 2010 at 3:17 pm

Soldiers’ remains repatriated from Cambodia

QĐND – Friday, July 23, 2010, 20:40 (GMT+7)

The Dong Thap People’s Committee held a memorial service on July 23 to rebury the remains of 63 Vietnamese volunteer soldiers who laid down their lives in Cambodia during wartime.

The remains of the volunteers were found in the Cambodian provinces of Prey Veng and Pursat by the Vietnamese search team K91, after more than a year. They were reburied at the Southwest border cemetery for martyrs in Tam Nong district.

Altogether, search team K91, which is under the Dong Thap provincial Military Command, has found and repatriated the remains of 1,003 Vietnamese volunteers from Cambodia.

On the same day, 365 more Vietnamese soldiers who died in Cambodia during the war were repatriated and buried in the Doc Ba Dac martyrs cemetery in Tinh Bien district in An Giang province.

Also, on July 23, the southern province of An Giang repatriated the remains of five martyrs back home to the northern province of Hai Duong.

Doc Ba Dac cemetery is the final resting place for 6,900 martyrs, most of them from the northern provinces.

Source: VNA

Source: QDND

More sets of remains of martyrs brought home from Cambodia

In Uncategorized on July 3, 2010 at 4:09 pm

More sets of remains of martyrs brought home from Cambodia

QĐND – Saturday, July 03, 2010, 20:59 (GMT+7)

PANO – The authorities of two Cambodian provinces of Kampong Thom and Kampong Cham have held a ceremony to hand over 83 sets of remains of fallen Vietnamese soldiers and specialists to Binh Phuoc and Tay Ninh provinces in Vietnam.

These remains were discovered by a joint search by both Vietnamese and Cambodian provinces.

According to the Vietnamese Military Attaché Department in Cambodia, the authority of Cambodia’s Kratie province will also handed over 81 sets of remains found in their province to the Vietnamese authorities.

In early June, 9 sets of remains of Vietnamese soldiers and specialists who died while serving at Cambodia’s Mondonkiri province were brought home and reburied in the Dac Lac provincial Martyr Cemetery.

Translated by Duy Minh

Source: QDND

Foreign exchange market remains in control: central bank

In Uncategorized on July 3, 2010 at 12:04 pm

In response to the rising demand for US dollars, the State Bank of Vietnam (SBV) asserted last week that the foreign exchange market remains stable and is under control. 

A teller counts US dollar banknotes at a bank in Ho Chi Minh City (Photo: SGGP)

US dollar credits on the rise
It has not just been in July alone, as trade of US dollars has been soaring since early this year.
At banks, due to a difference between interest rates of loans in Vietnam dong and US dollars, sometimes up to 7-8 percent and the general stability of dong-US dollar ratio, most of enterprises have preferred borrowing loans in dollar than dong.
According to SBV, loans offered in dong only increased by 3.51 percent, while those in dollar surged by 20.23 percent in the first five months.
Dollar transactions hiked sharply during the last week of June when trading volume in the interbank market soared over US$500 million. Overnight and one-week-term interest rates also increased slightly.
However, the rate for six-month-term loans rose unusually, from 0.99 percent to 3 percent per year.
On the free market, purchase of dollars has increased.
The dong-US dollar rate has been high at commercial banks in recent days, over VND19,000 per dollar, and the gap between buying and selling prices has been over VND100 per dollar.
Financial experts said the country’s trade gap in the first half of the year, which accounted for 21 percent of the total export turnover, has caused worries for people and enterprises.
They have worried that the rate would rise further and have bought dollars to save and pay their loans, experts added.
In addition, they said, companies have issued a considerable volume of bonds in foreign currency, and this has led to a high demand for dollars and a hike in Vietnam’s US dollar central parity rate.
The change of exchange rate yet to cause concern
The Central Bank said its foreign currency reserves are still safe because the interbank average exchange rate remains unchanged at VND18,544 per US dollar; it has bought dollars at a price of VND18,980 per dollar, commercial banks have pushed to sell dollars to the Central Bank, and the supply of US dollars has been abundant on the foreign currency market.
According to SBV, dollar sources from overseas remittance, FDI disbursement and tourism have likely increased, with overseas remittance reaching US$3.6 billion in the first six months.
Therefore, the US dollar supply and demand is unlikely to see the unusual change many people expected.
However, the Central bank has asked credit organizations to control the growth of loans offered in dollars and keep them at reasonable rates that are appropriate to the mobilizing capacity of banks.
Dr. Tran Huy Hoang, head of the Ho Chi Minh City University of Economics’ Banking Faculty, said the current dong-US dollar rate shows a proper parity between the two currencies and represents a healthy economy.
Therefore, he said, SBV has not yet needed to adjust the rate, adding that the rate will help facilitate business and production, especially exports, and limit the trade gap.
To balance supply and demand of US dollars, relevant agencies need to strengthen their management on imports and exports, and limit or ban the importation of luxurious commodities and products that are also produced in Vietnam, he said.
In addition, SBV and commercial banks need to monitor tightly enterprises’ loan usage, he added.

Source: SGGP

HCMC resident’s devotion to Uncle Ho remains unchanged

In Uncategorized on May 17, 2010 at 9:02 am

Mr. Ho Dai Phuoc speaks at his daughter’s wedding (Photo: SGGP)

Years before Ho Dai Phuoc ever visited Uncle Ho’s mausoleum, this loyal reader of Sai Gon Giai Phong newspaper began contributing money to upkeep the late leader’s mausoleum.  Now, Mr. Phuoc has visited the late President’s final resting place three times, witnessing the memorial he has helped to fund for 17 years.

An average resident in Ho Chi Minh City’s Binh Tan District, Mr. Phuoc visits the Sai Gon Giai Phong office every year sometime during week of Ho Chi Minh’s birthday, to give more financial support to the fund. 

The sums of money vary, depending on how well his business fared that year. Mr. Phuoc’s devotion to the country’s late president has touched the hearts of many and encouraged them to contribute to the fund as well. This year, Sai Gon Giai Phong has donated VND20 million to the fund.

He in addition to giving money to the fund through the newspaper, Mr. Phuoc has sent money directly to the Mausoleum Management Board in Hanoi on three occasions.

Not only does he pledge his support financially, but he and his family also lay a basket of flowers in front of the statue of Uncle Ho on Nguyen Hue Street every May 19 – Uncle Ho’s birthday – to venerate the great father of the nation.

Recently he encouraged his eldest daughter, who was recently married on April 3, to donate her wedding money to the cause, as well as to institutions dedicated to easing the plight of the homeless elderly, orphans and dioxin victims.

Ho Dai Phuoc ever visited Uncle Ho’s mausoleum, this loyal reader of Sai Gon Giai Phong newspaper began contributing money to upkeep the late leader’s mausoleum (Photo; U. Phuong)

Mr. Phuoc said that while over the years, his life has changed in many ways, his love for and devotion to the nation’s founding father maintains the just as strong as ever.

Source: SGGP

Vietnamese soldiers’ remains return from Laos, Cambodia

In Uncategorized on May 9, 2010 at 4:52 pm

Vietnamese soldiers’ remains return from Laos, Cambodia

QĐND – Sunday, May 09, 2010, 22:2 (GMT+7)

The remains of 29 Vietnamese voluntary soldiers who died in Laos and Cambodia during the war have been repatriated after a six-month search.

The search was conducted by a team under the Kon Tum Military Command.

A memorial service was held yesterday at the Ngoc Hoi District Martyrs Cemetery in the Central Highland province of Kon Tum with the participation of provincial authorities, representatives from the Sekong, Attapeu and Champasak provinces of Laos, and Ratanakiri Province of Cambodia along with local armed forces and the public.

The day before, a solemn ceremony had been held in Laos to mark the departure of the remains of the Vietnamese soldiers to Viet Nam.

Source: VNN

Source: QDND