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Posts Tagged ‘VN’

VN continues to stabilize macro-economy, curb inflation

In Uncategorized on January 8, 2011 at 4:06 am

Deputy Prime Minister Nguyen Sinh Hung has stressed macro-economic stability and inflation curb as first, leading and consistent goals for next year.

The garment and textile sector is one of Vietnam’s key sectors (Photo: SGGP)

“This is the Government’s managing message,” the Deputy PM said at a Government conference on the implementation of the National Assembly’s resolution on socio-economic tasks and State budget for 2011 in Hanoi on Dec. 30.

Next year, he said, efforts must be made to renew growth model, step up economic restructuring, ensure social security and sustainable poverty reduction, improve people’s material and spiritual life, maintain national defense, security, social safety order as well as raise Vietnam’s position in the international arena.

In 2010, Vietnam reached targets and obtained great achievements in the context of difficulties and changes, Deputy PM Hung said, adding that the achievements and efforts of the political system helped Vietnam escape from the status of poor country and become a mid-income one.

The conference with localities, chaired by Prime Minister Nguyen Tan Dung, analysis and reviewed the outcomes and implementation of resolutions on measures to ensure macro-economic stability, curb high inflation and obtain economic growth rate of 6.5 percent in 2010.

Participants to the conference agreed that the national economy has recovered remarkably thanks to the Government’s effective management and drastic measures.

Minister of Planning and Investment Vo Hong Phuc also attributed synchronous and effective implementation of the government’s solutions to the country’s economic recovery, high growth rate and improvement of business environment.

Regarding price and commodity management and control, Finance Minister Vu Van Ninh said his ministry and the Ministry of Industry and Trade adjusted prices of electricity, petroleum in line with the market price roadmap.

Governor of the State Bank of Vietnam (SBV) Nguyen Van Giau briefed flexible and careful control of the monetary policy in order to keep growth rates of means of payment at 20 percent, credit at 25 percent, interest and exchange rate as at level as conditions and goals of the macro-economy.

Source: SGGP

VN Council for Sustainable Development makes debut

In Uncategorized on December 17, 2010 at 1:58 pm

VN Council for Sustainable Development makes debut

QĐND – Friday, December 17, 2010, 20:53 (GMT+7)

Vietnam’s Business Council for Sustainable Development (VBCSD) officially made its debut in Hanoi on December 17.

The council comprises of 18 founding members, including Holcim Vietnam, BP, Unilever, Rolls-Royce Vietnam International Ltd., Dragon Clean Development, the Hanoi Trade Corporation, the Coal and Minerals Industry Corporation, SaigonTourist Group and the Standard Chartered Bank.

It aims to assist domestic and foreign businesses who try to carry out sustainable development strategy in Vietnam.

Addressing the inauguration ceremony, Vice President of the Vietnam Chamber of Commerce and Industry Doan Duy Khuong said the council was an important initiative and would open up new opportunities and attract many domestic and foreign businesses. It intends to build a strong and dynamic Vietnamese business community to contribute more to socio-economic development, poverty reduction and hunger eradication and environmental protection.

The council is part of the business forum for sustainable development.

Source: VNA


Source: QDND

Honda VN awards “Honda YES 2010” prizes to 10 students

In Uncategorized on December 16, 2010 at 2:28 pm

Honda VN awards “Honda YES 2010” prizes to 10 students

QĐND – Thursday, December 16, 2010, 21:4 (GMT+7)

On December 15th, the Honda Vietnam Company (HVN) granted The Honda Young Engineer & Scientist Awards (Honda YES) to 10 students from the University of Technology and the University of Science of the Hanoi National University, the University of Transport and Communications, the Hanoi, Da Nang and HCMC Universities of Science and Technology.

This is the 5th year the Honda YES has been carried out in Vietnam by HVN, in cooperation with the Honda Foundation and the National Institute for Science and Technology Policy and Strategy Studies (NISTPASS).

The ten Honda YES 2010 Awards, in total worth US$ 30,000, and ten Honda Wave 110S motorbikes (each prize amounts to US$ 3,000 plus a motorbike).

Besides, the Honda YES awardees might have chance to receive the YES Plus prizes of US$ 10,000 each, if they apply for post graduate programs in Japan.

Source: HNM

Translated by Van Hieu

Source: QDND

VN approaches target of all rural households getting access to power

In Uncategorized on December 16, 2010 at 9:29 am

VN approaches target of all rural households getting access to power

QĐND – Friday, December 10, 2010, 20:52 (GMT+7)

Vietnam is likely to reach the target of 100 percent of rural households to get access to electricity for rural households.

World Bank Country Director for Vietnam Victoria Kwakwa made the statement at a seminar to assess the impact of Vietnam’s rural electrification (RE) and the announcement of the result of a survey on the benefit of RE in Hanoi on Dec. 9.

All of the nation’s districts have connected to the national grid and had on-the-spot electricity and 97.78 percent of communes and 95.4 percent of rural families now have electricity, Kwakwa said.

She spoke highly of the joint efforts of the Vietnamese Government, enterprises and people and various resources for rural development, hunger eradication and poverty reduction in the field.

Together with the impact of the education universalisation programme, RE has helped rural people improve their health and income through increasing their families’ production capacity, she added.

However, she said, authorities need to make thorough calculations and give priority to use resources in the context of limited finance and technology to help the remaining five percent of rural families access electricity.

The result of the survey that was conducted in seven provinces of Vietnam in 2002, 2005 and 2008 within the framework of the RE project is an important foundation for WB to consider the decision to provide continued assistance and coordinate with the Vietnamese Government to carry out more power projects, said the seminar.

According to Deputy Minister of Industry and Trade Hoang Quoc Vuong, the government is striving to have 100 percent electricity access for rural households by 2020 as planned.

The comprehensive assessment of the impact of rural electrification and the potential for on-the-spot distribution will help the Government, enterprises and people select the most effective investment in network power projects or use on-the-spot power sources.

Source: VNA

Source: QDND

VN welcomes Bulgarian investment

In Uncategorized on November 19, 2010 at 2:01 pm

VN leads SEA in student enrollments in US

In Uncategorized on November 16, 2010 at 2:31 pm

Landslides cut off parts of central VN

In Uncategorized on November 15, 2010 at 2:30 pm

HCM City gives relief aid to flood victims in central VN

In Uncategorized on November 8, 2010 at 8:20 am

Turbulence injures 21 on VN Airlines’ Paris flight

In Uncategorized on October 21, 2010 at 7:53 pm

Turbulence injures 21 on VN Airlines’ Paris flight

QĐND – Thursday, October 21, 2010, 19:32 (GMT+7)

Eighteen passengers and three crew members were injured by severe turbulence on Oct. 20 while on board Vietnam Airlines Flight VN535 from Hanoi to Paris.

The flight operated a Boeing 777-200 aircraft and was carrying 222 passengers and 15 crew members.

Immediately after the incident, the captain and Vietnam Airlines Operation Control Centre requested that local airport authorities be prepared with medical assistance upon landing.

The crew provided first aid and took other necessary measures to all injured passengers while the plane continued its route to Paris, finally landing safely at Charles de Gaulle Airport.

All 21 injured passengers and crew members were taken to the airport clinic for medical evaluation, and nine were later sent to a local hospital for treatment.

As of 8pm October 20, most of the injured had been discharged from the hospital and are expected to recover soon.

A press release from the carrier said that all remaining passengers were safe and unaffected.

The aircraft is currently grounded at Paris Charles de Gaulle Airport and will go through further evaluation and maintenance before returning to Vietnam .

Vietnam Airlines is proactively co-operating with local authorities and insurance partners to complete necessary formalities and to provide further assistance to passengers.

Source: VNA

Source: QDND

Heavy downpours force VN to cancel flights

In Uncategorized on October 19, 2010 at 4:23 pm

Vietnam Airlines cancelled 30 flights to and from Vinh and Chu Lai airports from October 15-18 due to heavy downpours occurred in north central provinces, said a representative from Vietnam Airlines.

To ensure safety for passengers, Vietnam airlines cancelled 28 flights to and from Vinh City and two flights to and from Quang Nam Province.

Vietnam Airlines on October 18 carried out two flights from Vinh airport to Ho Chi Minh City to reduce affected passengers.

It also expects to increase more four flights between Ho Chi Minh City – Vinh and Hanoi – Vinh, not  including six daily flights between Ho Chi Minh City – Vinh and two flights between Hanoi – Vinh as usual.

Passengers should update information on website: and mass media channels or contact to Vietnam Airlines’ agencies.

Source: SGGP