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Posts Tagged ‘shows’

VN’s payment balance shows stronger resilience

In Uncategorized on November 6, 2010 at 8:19 am

The poor enjoy free film shows

In Uncategorized on July 30, 2010 at 7:19 pm

The poor enjoy free film shows

QĐND – Friday, July 30, 2010, 20:57 (GMT+7)

MegaStar Communications Co.,Ltd, in conjunction with Saigon Movies Media, the 212 Cinema Joint Stock Company (Cinebox), and Hanoi Cinema Company, have recently launched the “Cinema for Everyone” program.

It is one of the charitable activities aimed at giving the poor at different localities nationwide a chance to enjoy recent special films of all kinds.

The program, part of a series of free film shows organised by MegaStar and its partners, will take place from now until the end of this year.

On July 23rd and 24th, SaigonMedia and MegaStar also held the “MegaStar brings Avatar to remote areas” program for people in the districts of Can Gio and Hoc Mon in Ho Chi Minh City. The program will also be held at the suburbs of big cities such as Hanoi, Bien Hoa, Hai Phong, Da Nang from early August.

Source: thesaigontimes

Translated by Vu Hung

Source: QDND

IATA meets as airline industry shows signs of recovery

In Uncategorized on June 6, 2010 at 10:19 am

BERLIN (AFP) – The commercial aviation industry, battered by plunging sales and fallout from the Icelandic ash cloud, is at last emerging from a steep downturn, the International Air Transport Association (IATA) says.

“We are meeting as the industry continues its recovery from the global financial meltdown,” IATA general director Giovanni Bisignani said ahead of its general assembly starting Monday.

The organisation represents 230 airlines that account for 93 percent of commercial air traffic.

Staff hand out folding chairs to passengers as they wait for information at Manchester Airport, in northwest England after it was closed because of an Icelandic ash cloud in May. AFP file

The pace of the sector’s recovery has been slowed by the eruption in April of an Icelandic volcano, which spread an ash cloud over Europe that brought commercial air travel to a standstill for a week.

International passenger traffic, after rising 10.3 percent in March, showed only a 2.4 percent gain in April.

Bisignani said however that the strong growth recorded prior to the volcano eruption presages a sustained recovery.

“It is finally time for some cautious optimism,” he said.

IATA estimates that the global civil aviation industry lost 9.4 billion dollars (7.8 billion euros) last year, with Europe accounting for 3.8 billion dollars.

The Franco-Dutch airline Air France-KLM last week reported a 4.3 percent gain in traffic in May.

“If this year we see no growth, it is possible that we will be able to regain momentum in 2011,” company chief executive Pierre-Henri Gourgeon said.

“In 2012, the air transport industry will be at a level that will exceed that reached before the (2008 global financial) crisis.”

Industry analyst Christophe Menard of Bryan, Garnier and Co. said that “overall, the trend has been positive over the last months.

“We will incorporate signs of recovery starting in the second half of the year and … should be at the top of the cycle in two years.”

Airlines have taken account of recovery prospects and have told manufacturers they planned to take delivery of aircraft as scheduled in 2011.

Results in the first quarter of the year improved, notably in Asia and North America, according to IATA. The first quarter is traditionally the weakest of the year.

“Airlines typically make 80 percent of their earnings in the second and third quarters,” IATA noted.

Menard said recent airline mergers in the United States should help absorb excess capacity.

At research group Oliver Wyman, analyst Olivier Fainsilber stressed that the economic recovery could prompt an increase in business travel and sales of flexible tickets at higher prices.

“This should be a fillip to generalist companies that have continued to offer a wide range of flight schedules during the crisis but without getting the benefit of sales of flexible tickets,” he said.

Source: SGGP

Greek crisis shows world economy turmoil not over: Australia

In Uncategorized on May 6, 2010 at 4:37 am

Greece’s violent street protests and economic turmoil are “disturbing” developments that serve as a reminder that the global financial crisis is not yet over, Australian leader Kevin Rudd said Thursday.

A fire-bomb attack on a bank in Greece has killed at least three people as police fought pitched battles with striking protestors furious at brutal budget cuts designed to avert national bankruptcy.

The Greek debt crisis and riots were a “sober reminder” that the “health of the European financial system could affect what was going on across the world,” Prime Minister Rudd told reporters.

“We have done well in Australia to navigate this economy through the global financial crisis,” he said.

“But looking globally, the global financial crisis ain’t over yet and we are not out the woods yet either,” he said, adding that the latest developments in Greece were “disturbing.”

Financial markets worldwide suffered heavy losses on Wednesday, spurred by renewed fears that a massive Greek bailout will not be enough to stop its debt crisis from hitting Spain and Portugal.

Three people were killed in a fire started by Molotov cocktails thrown into a bank by rioters in Athens during a protest against budget cuts promised by the Greek government as part of its European Union bailout plan.

Greece’s President Carolos Papoulias called on the country to step back from the brink after the protests and a general strike called by trade unions.

The Australian stock market opened about 1.2 percent lower on Thursday and then extended those losses through the morning, with big banks and major miners losing ground amid global jitters over the developments in debt-laden Greece.

Australian authorities are monitoring the crisis and will issue a travel advisory to tourists to Greece if necessary, Rudd said.

“The department of foreign affairs will be analysing the situation carefully and issuing any appropriate revisions to travel advisories,” the prime minister told reporters near Melbourne.

Source: SGGP

Vietnamese economy shows positive signs

In Uncategorized on April 15, 2010 at 4:19 am

Vietnamese economy shows positive signs

QĐND – Wednesday, April 14, 2010, 22:39 (GMT+7)

While many experts are concerned about the country’s economic growth, including the trade deficit in the first quarter of the year, Vietnam Asset Management Company (VAM) has taken a more positive outlook.

Experts from VAM, a fund management company that engages in public and private equity investment and advisory services, said GDP growth in the first three months is estimated at 5.8 percent (a year-on-year increase of 2.7 percent).

Comparing the two quarters, industrial production is up 13.6 percent, retail sales up 24.1 percent, and exports down only 1.6 percent.

Although GDP growth is less than the previous quarter, Tet (Lunar New Year) will have a negative impact on GDP growth in the first quarter of each year compared to the rest of the year, according to VAM’s report.

Average yearly inflation is now up to 9.5 percent, and foodstuffs and building materials categories continue to be the primary contributors to the rise.

The trade deficit in the first quarter is estimated at 3.5 billion USD, compared to a trade surplus of 1.5 billion USD in the first quarter of the year.

However, VAM experts said the number was not as bad as is sounds.

They said the first quarter was anomalous as the surplus was made entirely possible primarily by the re-export of gold due to the price gap of roughly 35 USD/ounce in Vietnam compared to the world market at the time.

In addition, on a monthly level the trade deficit is declining over the fourth quarter of last year, and inflows into the capital account are picking up quite strongly.

An estimated 4 billion USD in FDI and remittances flowed into Vietnam in the first quarter.

The evidence is in the currency market, where free market and official rates seem to be in equilibrium for the moment.

Nonetheless, on March 21, Fitch Ratings placed Vietnam’s long term foreign and local currency ratings on negative watch with potential for a downgrade, citing weakening confidence in the dong and a lack of transparency regarding foreign reserves and the balance of payments.

It does seem that Vietnam’s foreign reserves were drained substantially in 2009 due to the continued high trade deficit and the slowdown in FDI and remittances.

But for the time being, imbalances in the currency, current account and inflation seem well addressed, VAM said.

The VN-Index finished the month at 499.24, up only 0.5 percent. The market was rallying quite handsomely until Fitch lowered its outlook.

Official audited results are being announced by listed companies during the Annual General Meeting season.

Generally, the earnings have been good and better than management guidance, and some companies have encouraged targets of a 30-100 percent bottomline growth in 2010, with those on the higher end of the spectrum mostly riding on news products and newly added capacity.

On the other hand, lacking support from provisions reversal, tax breaks, low-cost materials and auto component companies have planned low targets compared to their earnings posted in the 2009 fiscal year.

As for the stock market, the 2009 fiscal year results have already been priced in, and going forward, stock prices will be mostly driven by targets for the current fiscal year and how management executes their plans, said VAM.

The news on the macro economy, credit and monetary policies, whether official or not, causes corporate news to drive the bourses.

The commitment to curbing inflation, stabilising the banking system as well as lowering borrowing costs in the last few days of March have eased investors’ panic.

Source: VNA

Source: QDND

Research shows bird flu could become more deadly

In Uncategorized on March 24, 2010 at 6:08 am

Recent research shows rapid changes have occurred to the bird flu virus (A/H5N1), which could lead to a more deadly, drug-resistant strain of the disease, the Virus Department of the National Institute for Hygiene and Epidemiology has reported.

Doctors examine patients contracted with A/H1N1 in Bac Kan Hospital. (Photo: VNA)

Dr. Nguyen Huy Nga, head of the Preventive Health and Environment Department, said that at least seven antigen groups have appeared in the bird flu virus since it was first detected in Vietnam, and that the virus’s future development would be hard to predict.

She made the announcement on March 12 during a national conference in Hanoi on avian influenza.

However, the ability to transmit the virus from human to human remains low, Dr. Nga said.

She also warned that a bird flu (A/H5N1) epidemic is at high risk of recurrence due to poor pubic awareness of the disease.

Dr. Nguyen Tran Hien, director of the Virus Department of the National Institute for Hygiene and Epidemiology, said that in addition to raising awareness about genetic mutations related to the bird flu virus, people must be educated about how to prevent the disease.

Dr. Nga said that in remote areas, local people still slaughter and eat meat from sick chickens. This may cause the disease to spread further, she added.

The Environment and Preventative Medicine Department has asked people to take strict measures to prevent another outbreak of A/H5N1. The department also stressed the need to tighten control of poultry transport, trading and slaughtering activities.

Anyone who suspects they may have contracted bird flu is advised to seek immediate medical treatment, the department added.

According to experts, the most effective measure to prevent an outbreak of the deadly disease is to promote information dissemination. Public awareness of the virus has remained relatively low since bird flu first broke out in Vietnam seven years ago.

Since the beginning of this year, five people in Vietnam have contracted the A/H5N1 virus, of whom two died.

Bird flu has claimed the lives of 60 people in Vietnam since December 2003.

Source: SGGP Bookmark & Share

A/H1N1 super flu shows signs of abating

In Social life on October 18, 2009 at 3:01 am

A/H1N1 super flu shows signs of abating

QĐND – Saturday, October 17, 2009, 19:24 (GMT+7)

The A/H1N1 epidemic is showing signs of waning in Vietnam as 20-30 new cases are discovered per day compared to hundreds of patients during its peak, the Health Ministry said on Oct. 16.

However, health officials warned that people should still ensure personal hygiene and stay on alert against the deadly disease, particularly at the moment when weather is experiencing rapid changes.

Vietnam confirmed 33 more cases of A/H1N1 on Oct. 16, bringing the country’s total number of patients to 10,189, including 23 deaths.

Of the total, 9,914 patients have recovered and been discharged from hospital, while the remainder is currently quarantined for treatment.

Source: VOV

Source: QDND Bookmark & Share

Video shows teens beating Chicago student to death

In World on September 29, 2009 at 6:53 am

Cell phone footage showing a group of teens viciously kicking and striking a 16-year-old honors student with splintered railroad ties has ramped up pressure on Chicago officials to address chronic violence that has led to dozens of deaths of city teens each year.

The graphic video of the afternoon melee emerged on local news stations over the weekend, showing the fatal beating of Derrion Albert, a sophomore honor roll student at Christian Fenger Academy High School. His death was the latest addition to a rising toll: More than 30 students were killed last school year, and the city could exceed that number this year.

Prosecutors charged four teenagers Monday with fatally beating Albert, who was walking to a bus stop when he got caught up in the mob street fighting, authorities said.

The violence stemmed from a shooting early Thursday morning involving two groups of students from different neighborhoods, said Tandra Simonton, a spokeswoman for the Cook County prosecutor’s office. When school ended, members of the groups began fighting near the Agape Community Center.

This image from video provided by WFLD Fox Chicago on Monday, Sept. 28, 2009 shows a person swinging a wooden two-by-four during a fight on Chicago’s South Side on Thursday, Sept. 24, 2009.

During the attack, captured in part on a bystander’s cell phone video, Albert is struck on the head by one of several young men wielding wooden planks. After he falls to the ground and appears to try to get up, he is struck again and then kicked. Simonton said Albert was a bystander and not part of either group.

Prosecutors charged Silvonus Shannon, 19, Eugene Riley, 18, Eric Carson, 16, and Eugene Bailey, 18, with first-degree murder, Simonton said.

Shannon, Riley and Carson were ordered held without bond Monday. The Cook County Public Defender‘s Office, which represented the three teenagers in court, had no immediate comment. Bailey was due in bond court Tuesday, Simonton said.

Chicago police said they were looking for at least three more suspects, but would not discuss a possible motive for the attack.

Simonton said Albert was knocked unconscious when Carson struck him in the head with a board and a second person punched him in the face. Albert regained consciousness and was trying to get up when he was attacked a second time by five people, struck in the head with a board by Riley and stomped in the head by Shannon, Simonton said.

Desiyan Bacon, Bailey’s aunt, said her nephew didn’t have anything to do with the beating and was a friend of the victim.

“They need to stop the crime, but when they do it, they need to get the right person,” Bacon said.

Fenger students said Albert’s death intensified tensions at the school, with arguments about him breaking out in hallways all day Monday. Several blocks away, a memorial erected on the spot where he was beaten was burned down. Police also increased patrols before and after school and in the neighborhood.

“They’re still trying to retaliate,” said sophomore Toni Gardner, 15. She did not elaborate.

For Chicago, a sharp rise in violent student deaths during the past three school years — most from shootings off school property — have been a tragedy and an embarrassment.

Before 2006, an average of 10-15 students were fatally shot each year. That climbed to 24 fatal shootings in the 2006-07 school year, 23 deaths and 211 shootings in the 2007-08 school year and 34 deaths and 290 shootings last school year.

At a Monday vigil at the school, some community members said the solution lies with parents.

“It is our problem. We have to take control of our children,” said Dawn Allen, who attended the vigil where a group of residents tried to force their way into the school before being turned back by police.

This month, the city announced a $30 million project that targets 1,200 high school pupils identified as most at risk to become victims of gun violence, giving them full-time mentors and part-time jobs to keep them off the streets. Some money also will pay for more security guards and to provide safe passage for students forced to travel through areas with active street gangs.

Albert’s family attended a news conference Monday with school district leaders and police, but did not speak. They wore T-shirts with a picture of him in a cap and gown, with the words, “Gone too soon, too young.”

But Annette Holt, mother of Blair Holt, a Chicago Public Schools student who was shot on a city bus two years ago, said Albert represented “another promising future, just snuffed out because of violence.”

“Someone said he (Derrion) was in the wrong place at the wrong time,” she said. “No, he wasn’t. He was in the right place. He was coming from school.”

Source: SGGP

Nation shows commitment to AIDS prevention

In Uncategorized on November 11, 2008 at 2:27 am

Hanoi (VNA) – Many activities will take place across Vietnam during the National Month of Action for HIV/AIDS Control, which begins on Nov. 10.

A ceremony will take place in Hanoi on Nov. 16 to launch the movement of “All people taking part in the fight against HIV/AIDS in communities,” as part of the campaign.

The organising board said that it plans to hold meetings, marches, arts performances and TV shows highlighting the contributions made by people living with HIV to the control of HIV/AIDS, in addition to launching anti-HIV/AIDS propaganda competitions and journalism prizes.

The health ministry reported that to date, more than 132,000 people in Vietnam have been infected with HIV, resulting in 40,000 deaths. Three-quarters of the infected are men and 44 percent of them are drug addicts.

The epidemic is now present in every one of the country’s 63 cities and provinces and is spreading at an alarming pace in the northern provinces of Cao Bang and Yen Bai.-

CPI shows positive signs in fourth quarter

In Uncategorized on September 23, 2008 at 4:03 pm

Hanoi (VNA) – The country’s consumer price index (CPI) saw a 0.18 percent increase in September, the lowest rise since the beginning of the year.

This slight rise is considered a positive sign of the macro economic situation in the fourth quarter of the year.

The General Statistics Office (GSO) stated that this trend has been steady since May, apart from a slight increase in August due to the impact of oil price increases.

The low September CPI was attributed to a global decline in prices and the abundant supply of domestic essential products like food, foodstuff, construction materials, fertiliser, gas and electronic goods.

Furthermore, cutting back on public spending and changes in consumers’ habits have also contributed to restricting the CPI increase during September.

Deputy Head of the Finance Ministry’s Market and Price Research Institute Vu Dinh Anh said that it is likely to keep the inflation rate at under 25 percent for the whole year due to the CPI downward trend and the implementation of monetary tightening solutions.

Anh, however, noted that the pressure of the rise in the CPI will remain high in the remaining months of the year as this is the time for businesses to increase their production and investment, resulting in an increase in capital disbursement rates and consumption demand while supply sources are reduced.

Sharing Anh’s view, economic expert Ngo Tri Long said the slow CPI increase over the past months is only the initial positive sign. He emphasised the necessity to maintain current monetary controlling measures.

At talks between the Government and economic experts on Vietnam’s economic situation and prospects last week, many international experts warned Vietnam of the impacts of the second inflation round and complex global economic developments, such as unstable oil prices.

Local experts forecast that the whole year’s CPI will stand at 25 percent while experts from the Standard Chartered Bank predict that Vietnam’s CPI will be 25.5 percent this year and 15 percent in 2009.-