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Posts Tagged ‘warning’

Techcombank gets warning for pushing interest rate

In Uncategorized on December 16, 2010 at 10:03 am

The State Bank of Vietnam has warned the Techcombank as the commercial bank increased its deposit interest rates to 17% on Dec. 8-10.

File photo of aTechcombank office

State Bank inspectors issued its warning to Techcombank chairman Ho Hung Anh and chief executive officer Nguyen Duc Vinh on December 13.

An interest rate war was sparked off by Techcombank when it hiked the maximum rate to 17% per year plus a 0.6% bonus, which will apply from 8-10 December with deposits of more than VND100 million. 

As soon as this happened, other joint stock banks, also increase their interest rates to 17.5 and 18 percent a year.

The central bank has blamed Techcombank for arbitrarily hiking the rate, causing disorder in the financial and monetary markets. It ordered the violating banks to ‘roll back’ the hike immediately.

However, some of Techcombank branches have not strictly followed this order and have continued to maintain high interest rates, under several different forms.

Source: SGGP

Warning as tropical low nears

In Uncategorized on December 16, 2010 at 9:31 am

Warning as tropical low nears

QĐND – Tuesday, December 14, 2010, 20:18 (GMT+7)

A low tropical pressure formed to the west of the Truong Sa (Spratly) Archipelago is forecast to bring strong winds and heavy rains to coastal provinces from Quang Ngai to Ca Mau and Kien Giang, according to the National Hydro-meteorological Forecast Centre.

The pressure is moving towards west at a speed of between 5-10kph, 110km east of Ninh Thuan and Ba Ria-Vung Tau provinces at 7am on Dec. 14 with wind gust of 39-49kph.

The National Steering Committee for Flood and Storm Prevention and Control has instructed flood and storm prevention and control departments at coastal provinces from Quang Ngai to Ca Mau, Kien Giang and relevant ministries and agencies to take measures to prepare for the low pressure.

They were required to audit at sea vessels and inform owners of boats operating offshore of any dangerous developments in the low pressure.

They were also instructed to maintain rescue forces on high alert and keep close watch over the progress of the low pressure and maintain contact with off-shore vessels.

The forecast centre said a cold spell is forecast to hit the northern region on Dec. 14 and bring heavy showers to the northern and north-central regions.

The mountainous province of Lao Cai in particular will experience a temperature of between 11-13 degrees Celsius while temperatures in the town of Sa Pa town are expected to drop to between 2-4 degrees Celsius.

The centre also warned of a high risk of ice and snow along Sapa’s O Quy Ho mountain pass in the next few days.

Source: VNA

Source: QDND

Resort flak ‘a warning’

In Uncategorized on November 25, 2010 at 5:24 pm

Resort flak ‘a warning’

QĐND – Thursday, November 25, 2010, 20:54 (GMT+7)

The National Geographic Traveller magazine ratings that list Nha Trang beach as a destination “facing trouble” have come as a warning to the local administration on the need for sustainable tourism development and management.

The comment was made by vice chairman of the central coastal province of Khanh Hoa ‘s People’s Committee Le Xuan Than at a press briefing on Nov. 23.

The list appears in the November/December 2010 issue owned by the National Geographic Society’s Centre for Sustainable Destinations.

Than said the province would pay more attention to sustainable tourism, but also added that they have taken many actions to protect and improve Nha Trang beach.

“The province has been investing thousands of billions of Vietnamese dong in upgrading shortcomings in the environment and landscape,” he said.

Than said that because Nha Trang beach is located near a populous city with heavy tourism, it was difficult for it to receive high rankings based on National Geographic Traveller magazine’s criteria, which stresses beaches’ natural and untapped characteristics.

He said that although the committee respected the ratings, newspapers and magazines should provide enough information when quoting from the magazine to avoid misunderstandings and negative effects on the tourism sector of Khanh Hoa.

He particularly noted that Nha Trang beach was listed among the top five beach destinations that “face trouble”, not among the “ten worst beach destinations” as was mentioned by some newspapers and magazines.

“The committee will send documents to the magazine to help them have more information and pictures about Nha Trang beach,” he said.

Based on six standards, including environmental and ecological quality, social and cultural integrity, the condition of historic buildings and archaeological sites, aesthetic appeal, quality of tourism management, and outlook for the future, Nha Trang received 43 points and was listed as a beach that needs improvement.

To create the ratings, the centre gathered an independent panel of 340 experts in fields from historic preservation and sustainable tourism to travel writing and archaeology to score 99 coastal hot spots around the world, using categories such as “top rated,” “doing well,” “in the balance,” “facing trouble,” and “bottom rated”.

Source: VNA

Source: QDND

Indonesia issues flight warning as volcano spews ash

In Uncategorized on November 2, 2010 at 8:42 am

Storms and floods warning centre established in Da Nang

In Uncategorized on August 9, 2010 at 3:20 pm

Storms and floods warning centre established in Da Nang

QĐND – Monday, August 09, 2010, 21:37 (GMT+7)

A centre for early warning and management of storms and floods was established in the central city of Da Nang on August 9 to help the city improve its early-warning capacity and minimize damages as the storm season is coming soon.

The US$ 450,000 centre, funded by the US Pacific Command, covers more than 1,000 sq.m and includes a three-storey office block.

Phung Viet Tan, Vice Chairman of the Da Nang People’s Committee, said Da Nang is often hit by natural disasters that cause loss of life and property. The centre will help Da Nang take more initiatives in preventing storms and floods.

US Ambassador to Vietnam Michael Michalak said this is the US Pacific Command’s third charity project in Da Nang.

He said the US will continue providing early-warning equipment to seven central provinces to ensure the centre is operating well.

Source: VOV

Source: QDND

S.Korea conducts anti-missile training amid N.Korean warning

In Uncategorized on August 7, 2010 at 11:20 am

SEOUL, Aug 7, 2010 (AFP) – A major South Korean naval exercise went into its third day Saturday, the defence ministry said, as North Korea issued a fresh warning against what it termed “a prelude to a war of aggression”.

The drill far south of the disputed maritime border in the Yellow Sea, was focused on defence against North Korea’s guided missiles and submarines, the ministry said.

A South Korean Marines K9 Thunder 155mm Self Propelled Howitzer fires during a military exercise in Baengnyeong Island, near the disputed Yellow Sea border between the two Koreas, on August 6, 2010. AFP

The exercise is one of a series planned in coming months in a show of force against the North, which the South blames for a deadly torpedo attack on one of its warships in March.

A total of 4,500 troops, backed by 29 ships and 50 aircraft, are being mobilised for the five-day drill.

“Some 20 Navy ships carried out anti-missile training in the Yellow Sea,” a military official was quoted as saying by Yonhap news agency.

Saturday’s drill included anti-aircraft and anti-submarine battles in the Yellow Sea as batteries stationed in an island near the sea border continued live-fire training.

Pyongyang has denied responsibility for the March sinking of the corvette Cheonan near the disputed sea border in the Yellow Sea. The incident killed 46 sailors and sharply raised tensions.

Its official daily Rodong Sinmun said on Saturday the naval exercise in the tense Yellow Sea was aimed at triggering an armed conflict to start a war of aggression.

“The anti-submarine exercise… is a prelude to a war of aggression against the North,” it said.

The North’s military has threatened “the most powerful” retaliation if the South triggers a conflict during the exercise.

“Our warning is not empty talk,” the paper said without elaborating.

This week’s manoeuvres came after South Korea and the United States last week carried out a massive joint naval and air drill in the Sea of Japan (East Sea).

The joint drill was relocated from the Yellow Sea separating China and the Korean peninsula after Beijing protested.

But Seoul and Washington said future drills would be held in both the Sea of Japan (East Sea) and the Yellow Sea.

Pentagon spokesman Geoff Morrell said on Thursday future joint drills would once again involve the USS George Washington and the aircraft carrier would carry out exercises in the Yellow Sea.

Source: SGGP

Level 5-forest-fire warning imposes on U Minh Ha national park

In Politics-Society on February 26, 2010 at 3:20 pm

Level 5-forest-fire warning imposes on U Minh Ha national park

QĐND – Thursday, February 25, 2010, 22:11 (GMT+7)

Nguyen Van The, director of the U Minh Ha National Park, on February 25th, announced that the forest fire warning was brought to level 5, an extremely dangerous level, for the Vo Doi special area and over 1,000 ha of forest under recuperation.

The rangers are ordered to temporarily prevent people from entering the park, or to limit the number of fruit pickers in the park.

As they work round the clock as fire watchers, all rangers have to grow vegetables and go fishing for their meals.

On the same day, the deputy head of the Ca Mau provincial People’s Committee agreed to give VND 200,000 to each 300 rangers on duty.

Source: TT

Translated by Mai Huong

Source: QDND

Maine to consider cell phone cancer warning

In World on December 23, 2009 at 11:32 am

A Maine legislator wants to make the state the first to require cell phones to carry warnings that they can cause brain cancer, although there is no consensus among scientists that they do and industry leaders dispute the claim.

The now-ubiquitous devices carry such warnings in some countries, though no U.S. states require them, according to the National Conference of State Legislators. A similar effort is afoot in San Francisco, where Mayor Gavin Newsom wants his city to be the nation’s first to require the warnings.

A traveler who was delayed by the blizzard that struck the East Coast on Saturday makes a cell phone call at Union Station in Washington, Sunday, Dec. 20, 2009.

Maine Rep. Andrea Boland, D-Sanford, said numerous studies point to the cancer risk, and she has persuaded legislative leaders to allow her proposal to come up for discussion during the 2010 session that begins in January, a session usually reserved for emergency and governors’ bills.

Boland herself uses a cell phone, but with a speaker to keep the phone away from her head. She also leaves the phone off unless she’s expecting a call. At issue is radiation emitted by all cell phones.

Under Boland‘s bill, manufacturers would have to put labels on phones and packaging warning of the potential for brain cancer associated with electromagnetic radiation. The warnings would recommend that users, especially children and pregnant women, keep the devices away from their head and body.

The Federal Communications Commission, which maintains that all cell phones sold in the U.S. are safe, has set a standard for the “specific absorption rate” of radiofrequency energy, but it doesn’t require handset makers to divulge radiation levels.

The San Francisco proposal would require the display of the absorption rate level next to each phone in print at least as big as the price. Boland’s bill is not specific about absorption rate levels, but would require a permanent, nonremovable advisory of risk in black type, except for the word “warning,” which would be large and in red letters. It would also include a color graphic of a child’s brain next to the warning.

While there’s little agreement about the health hazards, Boland said Maine’s roughly 950,000 cell phone users among its 1.3 million residents “do not know what the risks are.”

All told, more than 270 million people subscribed to cellular telephone service last year in the United States, an increase from 110 million in 2000, according to CTIA-The Wireless Association. The industry group contends the devices are safe.

“With respect to the matter of health effects associated with wireless base stations and the use of wireless devices, CTIA and the wireless industry have always been guided by science, and the views of impartial health organizations. The peer-reviewed scientific evidence has overwhelmingly indicated that wireless devices do not pose a public health risk,” said CTIA’s John Walls.

James Keller of Lewiston, whose cell phone serves as his only phone, seemed skeptical about warning labels. He said many things may cause cancer but lack scientific evidence to support that belief. Besides, he said, people can’t live without cell phones.

“It seems a little silly to me, but it’s not going to hurt anyone to have a warning on there. If they’re really concerned about it, go ahead and put a warning on it,” he said outside a sporting good store in Topsham. “It wouldn’t deter me from buying a phone.”

While there’s been no long-term studies on cell phones and cancer, some scientists suggest erring on the side of caution.

Last year, Dr. Ronald B. Herberman, director emeritus of the University of Pittsburgh Cancer Institute, sent a memo to about 3,000 faculty and staff members warning of risks based on early, unpublished data. He said that children should use the phones only for emergencies because their brains were still developing and that adults should keep the phone away from the head and use a speakerphone or a wireless headset.

Herberman, who says scientific conclusions often take too long, is one of numerous doctors and researchers who have endorsed an August report by retired electronics engineer L. Lloyd Morgan. The report highlights a study that found significantly increased risk of brain tumors from 10 or more years of cell phone or cordless phone use.

Also, the BioInitiative Working Group, an international group of scientists, notes that many countries have issued warnings and that the European Parliament has passed a resolution calling for governmental action to address concerns over health risks from mobile phone use.

But the National Cancer Institute said studies thus far have turned up mixed and inconsistent results, noting that cell phones did not come into widespread use in the United States until the 1990s.

“Although research has not consistently demonstrated a link between cellular telephone use and cancer, scientists still caution that further surveillance is needed before conclusions can be drawn,” according to the Cancer Institute’s Web site.

Motorola Inc., one of the nation’s major wireless phone makers, says on its Web site that all of its products comply with international safety guidelines for radiofrequency energy exposure.

Source: SGGP Bookmark & Share

Drug prices surge despite gov’t warning

In Vietnam Health on December 7, 2009 at 3:54 am

In less than two weeks, drug prices have increased by 10-30 percent throughout the country, in spite of warnings to pharmacies from the Vietnam Drug Administration (VDA).

Many pharmaceutical companies, importers and distributors have also hiked prices even though the
VDA, a division of the Ministry of Health, has ordered them not to.

The poor reporting suffering the most from the cost increases.

A customer purchases pharmaceuticals in Ho Chi Minh City. In the last two weeks, the price of several drugs has soared, putting a strain on the poor in particular ( Photo: SGGP)

Ms. H.T Be from the Central Highlands province of Dak Nong said she was shocked by the new cost of five drugs she takes to treat her cervical cancer.

She said a few days ago, a vial of Eprex used to treat anemia cost VND540, 000 (US$29) but the price was now VND567, 000. Ms. Be, who requires six vials per treatment session, said she has to pay a total of VND3.5 million for the medicine.

Another drug for cancer treatment she takes, Avastin, has soared from VND7.7 million a vial to VND8.5 million.

Ms. Be said she simply cannot afford the new costs. She has already sold her house and farm to pay for a year’s worth of treatment. Without the drugs, death is inevitable, she said.

Many others like Ms. Be who suffer from chronic conditions like cancer and heart disease, say they too can do nothing but wait for death as the new prices apply mostly to drugs used to treat these illnesses.

The drug CMP Nucleo Forte, for instance, which is used in the treatment of peripheral nervous system disorders, has jumped from VND205, 000 to VND249, 000. The cost of Doxorubicin and Carbosplatin, used in cancer treatment, is also up 11-15 percent each.

In recent weeks, pharmaceutical wholesale centers Diethelm and Zuellig Pharma in Ho Chi Minh City’s District 10, announced some drugs would increase by five to 15 percent in December. Antibiotic drugs like Klacid Forte, for example, has increased to VND450, 000 from the previous VND403, 000, the distributors said.

In a recent dispatch to local pharmaceutical producers and businesses, the VDA ordered enterprises not to speculate and create a perceived shortage to raise prices. It also forbid businesses from taking advantage of the recent currency rate adjustment to increase prices. But despite the orders, drugs have continued to be marked up.

Importers blame the stronger US dollar and Euro for the domestic cost hikes. But officials say that before raising their prices, import companies and pharmacies need to obtain permission from the government, which most have not done.

A shop assistant at a pharmacy on HCM City’s Hai Ba Trung Street in District 1 said he learned three weeks ago that other pharmacies would increase their drug costs by 5-6 percent. To avoid being caught by authorities, he says he was told by an unnamed source to increase prices a little at a time.  

Some pharmacies said they had to push up drug prices since they no longer received commission or promotional gifts from wholesale manufactures and distributors. In addition, pharmaceutical manufacturers said price hikes were necessary to subsidize overseas trips for doctors and partners at the end of the year.

Ngo Chi Dung, director of the Joint-Stock Pharmaceutical Company ECO chain, said his company would not increase prices. He pointed out the currency rate changes were the main cause of the increased costs imposed by other pharmacies.

Nguyen Viet Hung, deputy head of the Drug Administration of Vietnam (DAV), said his administration and provincial health departments would monitor and impose penalties on pharmacies, distributors and producers who set unreasonable prices. However, a macroscopic strategy is needed, he said, as drug prices often increase following currency rate adjustments.

Source: SGGP Bookmark & Share

Early warning centre in Quang Nam under construction

In Uncategorized on December 4, 2008 at 2:25 pm

The work of ground levelling is underway for the construction of an early tsunami warning and flood control centre in the central coastal province of Quang Nam, the provincial People’s Committee said on Nov. 26.

The project, funded by the US government through its Pacific High Command, covers around 400 sq. m within the compound of the provincial Department of Agriculture and Rural Development in Tam Ky City.-