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Lawmakers urged to play greater role in climate change issue

In Uncategorized on December 16, 2010 at 9:28 am




Lawmakers urged to play greater role in climate change issue


QĐND – Wednesday, December 15, 2010, 21:6 (GMT+7)

 The role of legislators needs to be promoted in policy and legal planning, negotiation and the supervision of conventions, treaties, international commitments on sustainable development and climate change.

This was agreed among the delegates who attended a seminar on the role of the Asian-Pacific Parliamentary Francophone Assembly (APF) in the environmental field and climate change, which was organised by the APF, the International Francophone Organisation (OIF) and Vietnam’s National Assembly in Hanoi on December 15.

On addressing the opening ceremony, Nguyen Van Son, the chairman of Vietnam’s NA’s Committee for External Affairs, said that the event is meaningful in the context of the 16 th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 16) that has just finished in Cancun, Mexico.

“The seminar stresses the responsibilities of Francophone member countries in the face of common global challenges in Asia-the Pacific region”, said Son.

At the event, delegates from APF member countries such as Laos and the South Pacific nation of Vanuatu as well as experts from the Institute for Energy and Environment of Francophone Countries (IEPF), representatives of Vietnam’s ministries, along with scientists agreed that environmental protection is always an essential factor in sustainable socio-economic development.

In reality, in a global economy, climate change poses challenges to many countries around the world, especially poor and developing countries, of whom many are members of the Francophone bloc.

The delegates were also briefed on Vietnam’s progress in the implementation of solutions on climate change as well as the NA’s role in sustainable development.

According to Jean Luc Lala, the Secretary General of Administration for the APF, the crucial point is to find a balance between the economic benefits and environmental protection, so all concerned parties must take own responsibility after signing conventions and international treaties in this area.

Source: VNA


Source: QDND

Greater effort urged to protect biodiversity

In Uncategorized on November 19, 2010 at 1:58 pm

Hanoi urged to take the lead in modernisation and industrialisation

In Uncategorized on October 27, 2010 at 5:35 am




Hanoi urged to take the lead in modernisation and industrialisation


QĐND – Tuesday, October 26, 2010, 21:19 (GMT+7)

Hanoi should strive to become Vietnam’s political, cultural, and economic centre and take the lead in the country’s industrialisation and modernisation process, said Chairman of the National Assembly (NA) Nguyen Phu Trong at the 15th Congress of the Hanoi Municipal Party Committee, which opened on October 26.


The congress was attended by former Party General Secretaries Do Muoi and Le Kha Phieu, former State Presidents Le Duc Anh and Tran Duc Luong, former NA Chairman Nguyen Van An, Chairman of the Vietnam Fatherland Front Central Committee (VFFCC) Huynh Dam, VFFCC former Chairman Pham The Duyet, Vice President Nguyen Thi Doan, NA Vice Chairmen, deputy Prime Ministers, and other Party and State senior officials.


Addressing the congress, Pham Quang Nghi, Secretary of the Hanoi Party Committee, said Hanoi should uphold the city’s 1,000 year tradition, strengthen unity, and improve the Party Committee’s leadership in order to speed up the renewal process and build a wealthy and civilised city.


The congress is responsible for setting a target to boost socio-economic development in the 2011-2015 period, said Mr. Nghi.


According to a political report presented at the congress by Nguyen The Thao, Chairman of Hanoi Municipal People’s Committee, the Hanoi Party and people have combined efforts to overcome difficulties and gain significant achievements in various fields. Annual GDP growth is estimated at 10.4 percent and per capita annual income reached nearly US$2,000 (about VND38 million).


The city’s political system at all levels was reinforced and its status was also improved, said the report.


The congress also set a target to speed up administrative reforms, upgrade infrastructure, and ensure an year-on-year GDP growth rate of 12-13 percent. According to the report, poverty is expected to fall by 1.5-1.8 percent every year, export turnover will increase by 14-15 percent, and 55 percent of the labourers will be well-trained.


NA Chairman Trong underlined Hanoi’s recent achievements, attributing them to Hanoi Party Committee’s good leadership and the people’s effort. He said the achievements contributed much to the country’s overall development.


However, Mr. Trong pointed out Hanoi’s weaknesses such as poor urban planning, construction and management; under-developed infrastructure, especially in rural areas; the development gap between central and suburban areas; and other problems related to land management, environmental pollution, and traffic jams.


Hanoi has not yet exploited its potential, especially the intellectual potential, for its development.


Party building and reinforcement still remained inadequate, said Mr. Trong.


The NA Chairman asked Hanoi to make every effort to promote socio-economic development, to contribute to making Vietnam an industrial country by 2020.


Hanoi should focus on sustainable development to improve its competitiveness. It should pay more attention to developing high-tech industries and services and reducing environmental pollution.


He also urged Hanoi to maintain political stability, ensure security and social order, and focus more on Party building improving the capacity of Party committees and members at all levels.


Source: VOV/VNA


Source: QDND

Banks urged to slash interest rates

In Uncategorized on October 14, 2010 at 6:27 pm

The Vietnam Banking Association (VNBA) October 1 asked its members to cut deposit and lending interest rates in dong as the agreement was reached by them four months ago.

Transaction conducted at an Eximbank branch in Ho Chi Minh City (Photo: SGGP)

The association asked commercial banks to cut the deposit interest from the current highest level of 11.2 percent per annum to 11 percent per year.


This plan is expected to be in place from October 15.

Duong Thu Huong, VNBA general secretary, said commercial banks will have favorable conditions to lower interest rates because they will easily access cheap funds when the State Bank of Vietnam has amended regulations on the use of deposits for lending.

According to the amended Circular 13, which took effect on October 1, banks are allowed to use up to 25 percent of their non-term deposits for lending, and also to have their deposits with the State Treasury counted as part of their funds for lending.
The amended circular means that banks’ funds for lending are now increased.
 
The association said the Central Bank will also continue to help banks reduce interest rates till the end of this year through its flexible monetary policies.
 
According to VNBA, lowering interest rates down to 11 percent per year is completely feasible, and lending interest rates will follow the deposit rate’s move to go down further in near future.
 
Through the commitment with VNBA at a meeting in late September, many commercial banks are preparing to cut interest rates.

On July 5, the Vietnamese monetary market received the event that commercial banks simultaneously cut deposit and lending interest rates in dong.
 
Through the consensus amongst the members of VNBA, the deposit interest rate of 11.5 percent has been reduced to 11.2 percent per year. Lending rate also gradually decreased to about 12.5 percent – 15 percent per year, depending on the prioritized and preferential borrower groups.


Since then, the schedule to continue to cut down interest rates according to the government’s directive (down to 10 percent per year for deposits and down to 12 percent per year for lending) has yet to be done.

On September 27, the State Bank of Vietnam officially issued Circular 19, amending and supplementing a number of important points in Circular 13 to facilitate credit institutions to boost credit growth and mobilize capital.
 
Therefore, the roadmap to lower interest rates is expected to be carried out by banks from October 15 as explained by VNBA so that its members have enough time to adapt to the new regulations.


At a conference on macroeconomic situation and stock market in September, Dr Cao Sy Kiem, former Governor of the Central Bank, and president of the Association of Small and Medium Enterprises in Vietnam, said that higher interest rates were one of the greatest difficulties for enterprises in 2010.


In 2009, many businesses were in favor of low interest rates, supported by the stimulus policy of the government.
 
In 2010, interest rates increased sharply, plus the exchange rate increases, along with material prices pushed up, which boosted production costs, while the expansion of business and markets was hard due to the impacts of the financial crisis.


According to an analysis of Dr Kiem, loan interest rate is too high compared to the endurance of businesses.

Loan interest rate is now standing at 14 percent – 15 percent per year, if companies achieve profitability rate of 20 percent, the rest must also cover many other expenses.

Accordingly, many cases of high-interest loans can bring losses to business, or make profits decline.

Source: SGGP

Binh Duong urged to develop hi-tech industries

In Uncategorized on August 10, 2010 at 3:20 pm




Binh Duong urged to develop hi-tech industries


QĐND – Tuesday, August 10, 2010, 20:50 (GMT+7)


The southern province of Binh Duong should adopt proper policies to draw more investments in hi-tech industries and financial and trade services in order to ensure its rapid and sustainable growth.

PM Nguyen Tan Dung delivered the request during a working session with local authorities on August 10, focusing on the province’s performance of socio-economic tasks in the 2006-2010 period and its development directions for the next five years.


Binh Duong should review the planning of industrial zones and high-quality agriculture combined with the development of modern urban centres and the processing industry, striving for an annual average GDP growth rate of more than 13 percent in the next five years and a per capita income of over 60 million VND by 2015, he said.


The leader urged the province to focus on developing its human resources and transport infrastructure, taking care of and protecting the legitimate interests of workers, and paying due attention to environmental protection.


He commended Binh Duong on multifaceted achievements it has recorded over the past five years, citing its annual average economic growth of 14 percent and a 20 percent rise in industrial production value, and per capita income of 30 million VND a year.


The province attracted 846 foreign-invested projects with a combined capital of 7.3 billion USD during the review period, bringing the total number of projects to 1,966 and capitalised at 13.3 billion USD.


Binh Duong managed to reduce the number of poor households to below 1 percent and raise the rate of trained workers to 60 percent of its workforce, while making progress in the fields of culture, education, health care and the environment, PM Dung said.


However, the PM noted that the provincial leaders must be careful while mapping out urban development plans, especially those regarding housing and welfare projects, as the province’s population has grown rapidly due to the influx of migrant workers.


He also proposed the province take drastic measures to accomplish this year’s socio-economic targets and successfully organise Party congresses at all levels.


Source: VNA Photo: VOV


Source: QDND

Ba Ria-Vung Tau urged to become deepwater transit port

In Uncategorized on August 9, 2010 at 3:22 pm




Ba Ria-Vung Tau urged to become deepwater transit port


QĐND – Monday, August 09, 2010, 21:38 (GMT+7)

Prime Minister Nguyen Tan Dung has emphasized the need to turn the southern province of Ba Ria-Vung Tau into a regional deepwater transit port in the next five years.


In his meeting with the provincial authorities on August 9, Mr Dung suggested that the province should take advantage of its seaport to develop high-tech industries and tourist services, and increase added values in agricultural production.


He asked the southern province to cooperate with ministries and relevant agencies to upgrade its port facilities and ensure it is easily accessible and connected to other infrastructure projects.


Mr Dung said the coastal southern province should create major industrial products and improve their hi-tech processing to become competitive in both domestic and international markets.


In the future, he added, Ba Ria-Vung Tau needs to complete its master plan for tourism development.


Ba Ria-Vung Tau has maintained a high economic growth rate since 2006. Its GDP in 2010 is 2.27 times higher than in 2005.


Source: VOV


Source: QDND

Lang Son urged to build border gate economic zone

In Uncategorized on May 27, 2010 at 5:12 pm

Bac Ninh urged to become industrial city

In Uncategorized on May 25, 2010 at 5:22 pm

Fertiliser law urged to stop losses

In Uncategorized on May 24, 2010 at 5:17 pm

Mekong delta provinces urged to take social science research seriously

In Uncategorized on May 21, 2010 at 9:12 am

Some provinces in the Mekong delta still consider social science research to be frivolous, said participants of a meeting held to discuss scientific issues of the region for the 2011-2015 term.

A floating market in Can Tho City(Photo: Ng. Nam)

The meeting, held in Can Tho City, the center of the Mekong Delta region, included scientists, presidents of institutes and researchers. Participants claimed the region, despite several achievements of late, still lags behind in its social science research, due to unprofessional methods that are not commensurate with the general growth of the region.


Professor Do Hoai Nam, President of the Vietnam Academy of Social Science, told the seminar that in the future, there would need to be more cooperation among scientists of central and provincial agencies to contribute to sustainable development of the region.


Meeting participants also discussed wide gap between the rich and the poor, the devastation of traditional values due to effects of international integration, maintaining steady growth, the training and utilization of personnel, as well as climate change.


Participants all agreed that collaboration between research and training, among the central and regional agencies, is essential.

Source: SGGP