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Posts Tagged ‘resumes’

VN-Index resumes rising momentum

In Uncategorized on December 16, 2010 at 10:08 am

VN-Index, a gauge of 271 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange, rebounded on December 9 thanked to rising buying demand at the end of the trading session.

The Vietnam’s benchmark jumped 1.68 percent, or 7.62 points, to close at 460.45 points.

Among the index members, 189 leaped forward, 46 retreated, while 41 remained unchanged.

Trading volume on the city bourse fell by 15 percent to nearly 60.6 million shares worth VND1.35 trillion.

Quoc Cuong Gia Lai Joint Stock Company (QCG) topped the list of most active shares in volume with 5.58 million shares changing hands.

Saigon Securities Inc (SSI), the country’s largest brokerage, followed with 3.7 million shares traded, tagged along by Refrigeration Electrical Engineering Corporation (REE) with 2.22 million shares.

Mirae Joint Stock Company (KMR) and Taya Vietnam Electric Wire and Cable Joint Stock Company (TYA) all jumped the daily maximum allowed limit of 5 percent to VND8,400 and VND6,300 respectively.

Ho Chi Minh City Securities Corporation (HCM) snapped its two-day losing streak, climbing up 4.98 percent to VND31,600.

Investment and Trading of Real Estate Joint stock Company (ITC) and Dai Thien Loc Corporation (DTL) both levitated 4.95 percent to VND23,300.

Hamico Group Mineral Joint Stock Company (KSH) edged down for three consecutive days, erasing 4.96 percent to VND36,400.

Viet Thang Aquafeed Joint Stock Company (VTF) gave up 4.91 percent to trade at VND15,500.

Lilama 18 Joint Stock Company (LM8) shed 4.83 percent to VND13,800.

The northern bourse also performed well today as the Hanoi’s HNX-Index augmented 1.48 percent, or 1.63 points, to finish at 112.13 points. Trading volume reached 62.25 million shares worth VND1.16 trillion.

The UPCom-Index slipped 0.12 points to 39.81 points this morning. The market of unlisted shares saw a total of 176,800 shares trading at VND2 billion.

Source: SGGP

Australia resumes hunt for refugee boat victims, toll rises

In Uncategorized on December 16, 2010 at 9:41 am

SYDNEY (AFP) – Australian Prime Minister Julia Gillard on Thursday warned further bodies would be recovered after a boat carrying asylum seekers hit rocks and was shattered by huge waves, killing at least 28 people.

The wooden craft, believed to be crowded with up to 100 Iraqi and Iranian asylum seekers and their children, hit rocks at Christmas Island Wednesday and was shattered by huge waves as traumatised residents looked on helplessly.

Residents and police (R) try to rescue refugees from an asylum boat (C) being smashed by violent seas against the jagged coastline of Australia’s Christmas Island on December 15, 2010. AFP

“We do not know with any certainty how many people there were on the boat, Gillard told reporters.

“We have got to prepare ourselves for the likelihood that more bodies will be found and there will be further loss of life than we know now.”

Customs officials told AFP the search for survivors and the dead resumed at first light on the west coast. They could not confirm how long the rescue operation would last.

Australian Immigration Minister Chris Bowen said the death toll from the disaster had risen to 28 — from 27 late Wednesday — while 44 people had been saved with the help of navy personnel and Christmas Island residents.

“The latest report that I have is that we have 44 people rescued and 28 deceased,” he said.

But he warned that survivors had reported that 70-100 people were on board the rickety boat, which witnesses said was thought to be carrying few life jackets. The Flying Doctors have said up to 50 were believed dead.

“I don’t like to speculate on any particular outcome, but obviously the rescuers will be doing their best… to salvage and rescue persons still in the water or to get any bodies they’re able to get out of the water,” Bowen said.

But he also hinted that the chances of finding survivors in “particularly treacherous” seas churned up by an approaching monsoonal storm were dwindling, adding that the exact number of dead would “probably never” be known.

He declined to comment on how the boat managed to get so close to the remote island — closely watched as the main people-smuggling route from Indonesia — without being intercepted by border police.

“I?m not in the position to comment on that one way or another,” Bowen said. “There?ll be an appropriate time for investigation and for further information to be released on that.”

At least 5,000 asylum seekers from Iraq, Afghanistan and Sri Lanka have made their way to Australia this year, often on leaky boats from Indonesia.

Lawyers and refugee advocates including Amnesty and the UNHCR said the tragedy highlighted the desperate plight of refugees and urged greater cooperation between nations for more humane solutions.

Shocked survivors of the wreck, including 11 children, huddled in a hospital and a reception centre on Christmas Island, where a makeshift morgue was also set up. Local residents were reeling from the horror of what they witnessed.

Two seriously injured women were flown to hospital in Perth, one with abdominal injuries and the other suffering from respiratory problems from inhaling sea water and diesel, medics from the Flying Doctors said.

Many of the injured were treated by medical services on Christmas Island, home to Australia’s main immigration detention centre for boat people.

Traumatised island residents told how they had watched from the cliffs as the tragedy unfolded.

“There were children in the water. There was one very small child in a life jacket floating face down for a very long time… clearly dead,” said local shop owner Simon Prince.

“It’s something I’m not going to forget very quickly,” he told AFP.

Woken near dawn by the screams of victims, locals gathered life jackets and rushed to the sheer limestone cliffs to offer help, but strong winds blew the flotation devices back onshore.

The terrified group drifted for about an hour after losing engine power and only one man managed an “incredible leap” to safety before the surging waves smashed the rickety vessel apart on the rocks, Prince said.

People were crushed against jagged limestone as navy rescuers battled towering swells to reach them in inflatable dinghies, while locals made a human chain and tried to cast ropes and life preservers down.

Flying Doctors transported patients from the island, which lies 2,650 kilometres (1,650 miles) northwest of Perth.

Prime Minister Julia Gillard, who has cancelled her Christmas holiday to deal with the tragedy, was set to give a briefing alongside her immigration minister later Thursday.

Five Afghan refugees perished last year when their boat exploded off Ashmore Reef, near Christmas Island, injuring 30 others.

Source: SGGP

Central region’s tourist site resumes its operation

In Uncategorized on October 28, 2010 at 2:11 pm

Central region’s tourist site resumes its operation

QĐND – Thursday, October 28, 2010, 20:46 (GMT+7)

The Phong Nha Ke Bang National Park in the central province of Quang Binh resumed receiving domestic and foreign visitors as of October 26th after a disruption of nearly a month due to the flooding, said Luu Minh Thanh, Director of the park’s management board.

The recent flooding in October cost the popular tourist site VND4.2 billion. Many tourism facilities, such as the Culture and Ecology Tourism Centre, lighting in the Phong Nha cave, and a wharf, were seriously damaged by the flooding.

The management board of the tourist site sent 150 employees to clean up the environment and repair tourism facilities in order to receive visitors as soon as possible.

Local people with heroic deeds, such as Nguyen Van Diep, Ngo Tam and Nguyen Van Ninh, who rescued hundreds of people during the flooding, continue to carry tourists to visit the caves.

Source: Tuoi Tre

Translated by Duy Minh

Source: QDND

Vietnam Airlines resumes HCM City-Nagoya service

In Uncategorized on August 14, 2010 at 7:24 am

Vietnam Airlines re-launched its direct flights between Hochiminh City and Japan’s Nagoya Friday, after a halt of more than two years and a half due to global economic downturn. 

Vietnam Airlines aircraft at Tan Son Nhat Airport in Ho Chi Minh City (Photo: Truong Van)

The national flag carrier operates two weekly flights on Mondays and Friday, using Airbus 321.

With this re-launching, the corporation expands its Japan network to eight routes connecting Vietnam’s Hanoi and Hochiminh City with four major cities in Japan namely Tokyo, Osaka, Nagoya and Fukuoka, with 45 flights weekly in all.

Vietnam Airlines first started the HCM City-Nagoya service in July 2005 and stopped it in December 2007 because of lower-than-expected performance.

Source: SGGP

HCM City-Nagoya air route resumes

In Uncategorized on August 13, 2010 at 3:24 pm

HCM City-Nagoya air route resumes

QĐND – Friday, August 13, 2010, 21:1 (GMT+7)

Vietnam Airlines will resume two direct flights between HCM city and Nagoya, Japan every Monday and Friday starting August 13.

Flights from Ho Chi Minh City (VN968) will take off at 00.05 and from Nagoya (VN969) at 11.30 (local time). A round-trip ticket for economy class will be US$750 and for business class, US$1,310, excluding tax and other fees.

Vietnam Airlines will now have 45 direct flights per week to Tokyo, Osaka, Nagoya and Fukuoka.

The operation of direct flights between Ho Chi Minh City and Nagoya began in July, 2005 but stopped in December, 2007, because of the global economic downturn. Direct flights between Hanoi and Nagoya started in August 2008.

Source: VOV

Source: QDND

Vietnam rail traffic resumes after train accident

In Uncategorized on August 7, 2010 at 11:19 am

Vietnam’s north-south railway traffic resumed last night, having temporarily shut down, after a train en route to Hanoi collided with a truck in Ha Nam Province near the capital, seriously injuring the train conductor, railway officials said.

Railway traffic was disrupted on August 6 when three carriages of the Thong Nhat train were derailed after it hit a truck in Ha Nam Province. (Photo:SGGP)

Around 8:00 am, the train crashed into a truck loaded with stones at a crossing in Tien Tan Commune, Duy Tien District.

There were no warning signs or barriers at the crossing.

Three carriages went off the track and overturned, however, nearly 300 passengers on the train were not hurt.

Train conductor, Truong Xuan Thuc, 40, was taken to a hospital for emergency aid for severe injuries he sustained in the crash.

Meanwhile, the truck driver escaped injury, having jumped from the truck before it was struck by the train.

The three carriages were transported to the nearest station for repair work, clearing the track for traffic.

Vietnam Railway Corporation had to send staff to repair 50-meters of damaged railway.

By 4:30 pm the same day, the north–south traffic resumed.

Four trains en route from north to south were delayed and thousands of passengers had to wait at the Hanoi train station due to the accident, said Nguyen Van Binh, deputy director of Hanoi Railway Passenger Transport.

According to police, a lack of warning signs or barriers at the crossing were to blame for the accident; also, the truck driver did not observe his surroundings carefully enough as he tried to cross railway line with a train approaching. 

Source: SGGP

US resumes ties with Indonesian special forces: Pentagon

In Uncategorized on July 22, 2010 at 11:17 am

JAKARTA, July 22, 2010 (AFP) – The United States said Thursday it would resume ties with Indonesian special forces after a 12-year hiatus, as part of efforts by Washington to reach out to the world’s largest Muslim nation.

The announcement, made during a visit by US Defence Secretary Robert Gates to Indonesia, comes as Washington seeks to resume training for the Kopassus unit as part of growing anti-insurgency and intelligence cooperation.

Secretary of Defence Robert Gates (L) greets South Korean President Lee Myung-Bak (R) at the presidential Blue House in Seoul on July 21, 2010. AFP

“We will begin a gradual, measured process of working with Kopassus,” a senior US defence official said, referring to the elite Indonesian military unit with which Washington suspended ties in 1998.

The decision was made “in light of the progress that Indonesia and its military… has made in terms of reform and professionalisation since the fall of Suharto as well as recent pledges of reform,” he said.

The move is controversial as the Kopassus unit has been implicated in human rights abuses, including in East Timor, and some figures in the US Congress have opposed embracing the force before it has accounted for its past.

The United States broke off ties with the Kopassus under a law banning cooperation with foreign troops implicated in rights abuses.

The Indonesian special forces are accused of committing abuses in East Timor and Aceh under then dictator Suharto in the 1990s.

The senior US defence official played down fears that senior figures in the special forces had been implicated in past rights violations.

“Individuals who had been convicted in the past for human rights violations have in the past several months been removed from Kopassus,” he said.

The administration of President Barack Obama, who spent part of his childhood in Indonesia, sees the country as an increasingly important player in East Asia and key ally in the Muslim world.

Gates, who arrived from a visit to Seoul, was due to meet President Susilo Bambang Yudhoyono and Defence Minister Purnomo Yusgiantoro later Thursday.

Ernie Bower, a Southeast Asia expert at the Centre for Strategic and International Studies in Washington, said the Obama administration needed to handle its relationship with the Indonesian military carefully.

“I think it’s the view of the Indonesian military that without the ability to engage and train Kopassus, the American engagement and normalisation of the military-to-military relationship would be incomplete,” he said.

“If you don’t have the relationship with the Indonesian military normalised, you can’t really participate and be the leading partner in this architecture,” he added. “Gates needs to get it right with Indonesia.”

However, the Pentagon needs to find an acceptable compromise to seal the deal without encountering too many objections in Washington.

“We’ve been working for some time both within the US government and with the government of Indonesia to try to figure out how and under what conditions we can pursue reengagement with Kopassus,” said one senior US defense official.

He noted improvements made by Jakarta since the end of the Suharto regime.

However, leading voices in Washington such as Democrat Senator Patrick Leahy as well as human rights groups have opposed a normalisation of military ties until Kopassus commanders have faced justice for past rights violations.

“Before resuming military cooperation with the Kopassus, Robert Gates must make sure that there’s no senior military officers implicated in the past abuse who hold a structural position in the military,” said activist Usman Hamid.

Hamid, a prominent rights activist from the Indonesian Commission for Missing Persons and Victims of Violence (Kontras), said any troops involved in abuses had to face trial.

“Those implicated in the rights violations should be removed from the Indonesian military and… should be tried in a public court or a special human rights crime court.”

Source: SGGP

VN-Index resumes gain

In Uncategorized on July 5, 2010 at 4:11 pm

Movement of VN-Index on July 5. (Photo: on Ho Chi Minh Stock Exchange resumed rise on July 5. Liquidity on the market, however, remained low as investors became wary and were waiting for business results in second quarter of listed firms.

VN-Index, which tracks 244 companies and four close-ended funds, rose as much as 2.89 points, or 0.57 percent, to 506.54.

On the index, 117 stocks gained, 85 dropped, and 45 were unchanged.

Trading volume was at 39.6 million shares, worth VND1.19 trillion, the lowest level in the past three weeks.

Hanoi Maritime Holding Company (MHC) and Chang Yih Ceramic Joint Stock Company (CYC) both advanced 4.95 percent to VND10,100.

Shareholders of Hanoi Maritime Holding Company (MHC) approved this year business plan with a total revenue of VND270 billion at its annual shareholders meeting.

Thong Nhat Rubber Joint Stock Company (TNC) rose 4.92 percent to VND19,200.

Dat Xanh Real Estate Service & Construction Corporation (DXG) lost 43.23 percent to VND44,000. From July 14 to 30, the company asked for shareholders opinion to add more business fields.

Viet – Han Corporation (VHG) gave up 5 percent to VND30,400 from VND32,000 last weekend.

Ninh Hoa Sugar Joint Stock Company (NHS) declined 4.74 percent to VND36,200.

The Hanoi’s HNX-Index experienced a seesaw trading session, closing at 158.46, down 0.07 percent, or 0.11 points. Liquidity on the northern bourse dropped for five consecutive trading sessions. Around 26.9 million shares were traded at VND792.2 billion.

Foreign investors net sold for six straight trading sessions with an approximate value of VND2.49 billion.

On the market of unlisted shares, the UPCoM-Index also climbed 2.51 points to 54.71. Trading volume improved after an announcement that the continuous auction model would be applied to this trading floor. Nearly 18.09 billion were spent to trade 910,524 shares.

Source: SGGP

US oil spill clean-up resumes in some areas

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

Clean-up work gathered speed in some areas of the Gulf of Mexico oil spill Sunday, but heavy swells kept many boats docked, halting efforts to fight the ecological disaster.

A Taiwanese mega-skimmer dubbed the “A Whale” was in position near the site of the leak and set to undergo 48 hours of “proof of concept” testing, Coast Guard spokeswoman Ayla Kelley told AFP.

The 300-yard (275-meter) long tanker can vacuum up 21 million gallons of oily water a day, separating oil from water and spitting the seawater back out.

Small skimming boats that have been patrolling the Gulf for the past 10 weeks have only collected 28.2 million gallons of oily water to date, and rough weather made seas off Louisiana too choppy for them to even go out Saturday.

Workers toss bags full of sand contaminated with oil into a dumpster in Louisiana

Coast Guard Petty Officer Kelly Parker at a Houma, Louisiana information center said crews were resetting protective booms along fragile coastal areas, but skimming and controlled burns of spilled crude had been halted.

However, around the Chandeleur Islands, a chain of uninhabited barrier islands and wildlife refuge at Louisiana’s easternmost point, boom and skimming operations resumed Friday, said a representative of Admiral Thad Allen, the top official overseeing the spill response.

“These are the most environmentally sensitive areas. The good news is that we saw only light oil and there were hundreds of boats working in the area resetting boom and skimming,” rear admiral Paul Zunkunft told reporters after he flew over the islands.

“The areas are critical to defend because they are home to turtles, shrimp and other wildlife,” Zukunft said.

Despite containment efforts, he warned: “We are not out of the woods yet.”

On Louisiana’s Grand Isle, cleanup crews darted in and out of makeshift shelters to fan out along oil-soiled beaches between thunderstorms, in the wake of the first storm of the Atlantic hurricane season which sent oil faster and further inland, damaging the island’s fragile ecosystems.

“Usually it takes about two weeks for oil to reach the shoreline,” explained Anne Marie Gorden, Public Affairs Specialist with the Coast Guard. “But this is fresh oil,” she added, pointing to battered and oil-soaked rows of sandbags lining Fourchon Beach.

An estimated 35,000 to 60,000 barrels of oil per day has gushed from the ruptured well since the BP-leased Deepwater Horizon drilling rig sank on April 22, some 50 miles (80 kilometers) off the coast of Louisiana.

A containment system has captured about 557,000 barrels of oil, but rough seas delayed the deployment of a third vessel that could boost capacity from 25,000 barrels to 53,000 barrels a day.

That means an estimated 1.9 to 3.6 million barrels — or 79.5 to 153 million gallons — of oil has now gushed into the Gulf.

Using the high end of that estimate, the spill has now surpassed the 1979 Ixtoc blowout, which took nine months to cap and dumped an estimated 3.3 million barrels (140,000 million gallons) into the Gulf of Mexico.

It is topped only by the deliberate release of six to eight million barrels of crude by Iraqi troops who destroyed tankers and oil terminals and set wells ablaze in Kuwait during the 1991 Gulf War.

And it will likely be mid-August at the earliest before the Gulf well is permanently capped by injecting mud and cement with the aid of relief wells.

Skimmers had been collecting about 12,000 barrels of oil a day before they were sent back to port after Hurricane Alex whipped up waves earlier this week, while about 8,000 barrels of oil was being burned off the surface.

But the spill has so far oiled at least 450 miles (725 kilometers) of US shorelines, 74 days into the worst environmental disaster in US history.

Admiral Allen said he hoped to have the third containment vessel, the Helix Producer, in place by Wednesday.

Once the Producer is working, officials will also have a better sense of just how much crude is leaking, “just by the visual evidence of how much oil is actually coming out around that cap,” Allen said.

They will then have to decide if the existing system should stay in place, or if it would be best to undergo a risky procedure to replace the cap with another system capable of capturing up to 80,000 barrels of oil a day.

“The decision window associated with that would be sometime in the next, I would say, seven to 10 days,” Allen said in a conference call Friday.

In addition to boosting capacity, the new system would also greatly reduce the amount of time oil could gush freely into the sea if crews had to evacuate due to a bad storm.

Meanwhile, Environmental Protection Agency chief Lisa Jackson was headed to Pensacola, Florida to oversee coastal clean-up operations in the state, where tourist draws Miami and the Florida Keys face the likelihood of fouled beaches.

Source: SGGP

Jestar Pacific resumes flights between Hanoi and Nha Trang

In Uncategorized on May 27, 2010 at 5:17 pm