Hanoi (VNA) –The Central Steering Committee for
Combating Corruption met with the Vietnam Fatherland Front Central Committee
(VFFCC) in Hanoi
on December 28 to review their joint efforts in preventing and combating
corruption.
Addressing the
event, Deputy Prime Minister Truong Vinh Trong highlighted that in 2009 the
Committee coordinated closely with the VFFCC in the fight against corruption
resulting in positive initial outcomes and contributing significantly to the
nation’s efforts to combat the scourge.
The Government leader said efforts to prevent and combat corruption were
successful in some fields, particularly in reducing economic decline,
maintaining political security and social order, and promoting national
socio-economic development.
However, he shared his view with VFFCC Chairman Huynh Dam that the fight
against corruption in the past was not tough enough as the scourge has
continued to occur in a serious and complicated manner, arousing the concern of
the people and society.
The Deputy PM raised the fact that anti-corruption work is a long, complicated
process challenged by numerous obstacles and requires the dedication of the
entire society.
In 2010, the work needs to be deployed more strongly to affirm the political
will of the Party, the State, the entire political system and the people to
root out the scourge, Deputy PM Trong said.
“Preventing and combating corruption is a political task that helps build the
Party and administration purely and strongly and solidify the people’s trust to
the Party and the State,” he concluded.
Border
provinces exchange work experience
Binh Phuoc (VNA)
– A delegation from the Cambodian province
of Kratie on Dec. 28 held
talks with leaders of the People’s Council of Binh Phuoc Province highlighting
developments and cooperation in the region.
During the meeting, leaders of the bordering provinces expressed delight at the
ever-increasing friendship relations and multifaceted cooperation between Vietnam and Cambodia
in general and between Kratie and the southern province of Binh Phuoc
in particular.
They agreed that authorities of both provinces have incessantly fortified
bilateral relations by sending visiting delegations on a regular basis, signing
many comprehensive cooperation documents and working together for the
implementation of border landmark plantation as agreed by the governments of Vietnam and Cambodia.
They have also facilitated entry and exit procedures for people from Binh Phuoc
and Kratie to travel across the shared border.
Kratie is a north-eastern province of Cambodia that borders Vietnam to the south.-
Thailand eager
to improve ties with Cambodia
Bangkok (VNA) – The Government of Thailand wants to improve diplomatic
relations with Cambodia
but needs to protect its prestige and sovereignty.
The statement was made by Thai Prime Minister Abhisit Vejjajiva in his speech
delivered on the country’s radio and television on December 27.
Abhisit pointed out that he had not regarded the speeches made by Cambodian
counterpart Hun Sen of a coup d'état in Cambodia as a hurdle to the
building of bilateral diplomatic ties.
Thailand will consider
appointing an ambassador to Phnom Penh
if the Cambodian government withdraws their remarks on the Thai judiciary
system and adjust their stance, the Thai PM said.
Memorial place
of President Ho to be built in Laos
Vientiane (VNA) – The central province
of Savanakhet of Laos plans to
build a memorial area dedicated to President Ho Chi Minh, according to
Savanakhet Deputy Governor Souphanh Keomysay.
The project is aimed at reminding of local residents of President Ho’s contributions
to the Laos Revolution and his time spent in central Laos in June of 1929.
The area will cover 784 sq.m in Sayaphoum village, Kaysone Phomvihane district.
The project will be built and completed in 2011.
At present, there are two projects in memory of President Ho Chi Minh in Laos , one in Vientiane and another in Khammoune province.
Vietnamese,
Chilean armies set to strengthen ties
Hanoi (VNA) – Minister of Defence, General
Phung Quang Thanh on Dec. 28 met with visiting Commander-in-chief of the
Chilean Army, General Oscar Izurieta Ferrer.
At the reception, General Oscar Izurieta Ferrer informed Minister Thanh of the
results of his earlier talks with the Deputy Chief of Staff of the Vietnam
People’s Army, Lieutenant-General Tran Quang Khue.
The Chilean Commander-in-chief expressed his wish that the bilateral relations
between the people and armies of Vietnam
and Chile
to be further cemented and developed, especially in national defence. He also
said Chile wants to learn
air defence from Vietnam,
production of military uniform and equipment as well as other issues of mutual
concern.
Minister Thanh welcomed the delegation of the Chilean Army. He thanked the
people of Chile
for their support in national defence to the Vietnamese people during previous
wars as well as the current time.
He guaranteed that Vietnam
attaches importance to a multifaceted cooperation with Chile and is
willing to share experiences in building the army forces. Thanh expressed his
wish that the cooperation between the Vietnamese Army and the Chilean Army
would further develop upon this visit.
The delegation of the Chilean Army will end their Vietnam visit on Dec. 31.
Court sends
national security violator to jail
Thai Binh (VNA) –
The People’s Court of the northern
province of Thai Binh on Dec. 28 handed down a
sentence of five years and a half in prison to Tran Anh Kim on charge of
“working to overthrow the people’s administration.”
Apart from the sentence, which was made in accordance with clause 1, Article 79
of the Penal Code, the court also ordered that Kim will be kept under
surveillance at his locality for three years after serving his jail sentence.
According to the court’s verdict, Tran Anh Kim, 60, joined an outlaw
organisation called “the Democratic Party of Vietnam” whose aim is to change
the regime and abolish the VietnameseState .
In June 2009, Kim was appointed as deputy secretary general of the
organisation.
Kim also joined another organisation called “Block 8406” which is aimed at
overthrowing the state of Vietnam
.
He admitted that he has regularly posted comments on the internet shouting for
abolishing the leadership of the Communist Party of Vietnam and ousting the
State.
The defendant also confessed that he has intentionally distorted the political
situation in Vietnam
in numerous interviews granted to foreign newspapers and radio stations. He
also embroiled others to lodge untrue petitions, causing socio-political
instability.
The court’s panel agreed that this was a special case of infringement of
national security and the defendant colluded closely with exiled overseas
Vietnamese reactionaries and organisations.
More than 30 local and foreign reporters attended the trial.
City traffic
congestion raises national concern
HCMCity (VNA) – Traffic
jams are hindering the economic development of Ho Chi Minh City –the country’s largest
commercial hub– and of the whole country, said a high-ranking government
official.
The remark was made by Deputy Prime Minister Hoang Trung Hai in a meeting with
local leaders on December 28 in an effort to ease the burning issue in the city
where the total number of registered vehicles topped 4.4 million.
The current traffic congestion is not only a problem of HCM city but also an
issue concerning the whole nation, Hai stressed while instructing the city’s
leaders to consider researching and working with ministries and branches to put
forward new initiatives and solutions to the issue.
He suggested the city enhance the local people’s awareness, strengthen traffic
inspection and management work, speed up transport infrastructure development
projects and improve the city’s bus service.
According to the municipal Department of Transport and Communications, there
were 69 serious traffic congestions in the months to December this year, up 25
in comparison with the same period last year.
Int’l Buddhist
Women Conference opens in HCM City
HCMCity (VNA) – The 11th
Sakyadhita International Conference on Buddhist Women (SICBW) opened in Ho Chi Minh City on
December 28, drawing over 2,000 Buddhist women from more than 47 countries and
territories worldwide.
Vice State President Nguyen Thi Doan was also present at the opening ceremony
of the conference.
The week-long event will discuss issues regarding the role of Buddhist women in
the world and ways for Buddhist women to perform well in their role and ability
in various areas of social life.
The participants will mention the most burning issues of the current society,
including environmental pollution, woman and child trafficking, and domestic
violence.
The conference will also provide an opportunity for participants to exchange
views on experiences and visions of the future of Buddhist women in promoting
friendship and solidarity worldwide.
In a letter sent to the conference, State President Nguyen Minh Triet spoke
highly of the 2,000 year history of Vietnamese Buddhism and stressed that the VietnameseState always respects and ensures the
people’s right of religious freedom.
He expressed his wish that Vietnamese Buddhist women, together with their peers
in the world, will make active contributions to preventing conflicts and
contradictions, eliminating poverty and highlighting the Buddha’s dogmas in the
social life.
Speaking at the opening ceremony, President of the Vietnam Women’s Union Nguyen
Thi Thanh Hoa suggested that Buddhist women continue to share and stay in
connection with various women’s organisations to help guide them improve their
behaviours.
Deputy PM
kicks off dyke construction in Soc Trang
Soc Trang (VNA) –
Deputy Prime Minister Nguyen Sinh Hung on December 28 launched an order to
begin construction of the Maspero river bank dyke in the Mekong delta province of Soc Trang.
With a total length of over 11,089 km, crossing the provincial capital of Soc
Trang from west to east, the dyke plays an important role in preventing
landslides and ensuring safety for residents and infrastructures along the
river banks.
The project is invested and supervised by the Soc Trang construction project
management board and it is designed by the Southern Irrigation Science
Institute.
The first phase of the project will cost 587 billion VND sourced from
government bonds.
Addressing the launching ceremony, Deputy PM Hung underlined the dyke’s
profound significance to the provincial culture and society. Therefore, its
construction requires high technical standards as well as close watchful eyes
of the local officials and the management board.
He also pledged that the government will provide full capital to speed up
construction, which is set to last until 2012.
RoK to donate
22 million USD to DPRK
Hanoi
(VNA) – The Republic
of Korea’s (RoK)
government is planning to provide 26 billion won (22 million USD) in
humanitarian aid to the Democratic People’s Republic of Korea (DPRK).
Of the sum, 13 million USD will be channelled through the World Health Organisation
(WHO), 4 million USD through the UN Children’s Fund (UNICEF) and the remainder
via non-government organisations, said the Ministry of Unification’s spokesman
Chun Hae Sung at a press briefing on Dec. 28.
The amount will raise the RoK’s total humanitarian aid to the DPRK this year
alone to 50 billion won (43 million USD).
On Dec. 18, the RoK sent 50,000 doses of A/H1N1 vaccine worth nearly 15 million
USD to help the DPRK prevent the spread of the epidemic.
This was the first package of humanitarian aid the RoK has allocated to the
DPRK since President Lee Myung-bak took office in February 2008.
China to become world’s largest exporter in
2009
Beijing (VNA) – Despite decreasing demands from overseas, China will probably pass Germany to become the world’s largest exporter
in 2009, according to China’s
Ministry of Commerce (MOC).
The MOC also predicted that the country’s exports in 2009 will drop by 16.5
percent year-on-year to around 1.19 trillion USD.
2009 was the hardest year in Chinese trade history but the nation has made many
positive achievements, the ministry said, adding that China is likely to takeover Germany this
year as the world's biggest exporter with its market share of global exports
rising to 9 percent from 8.8 percent last year.
According to the World Trade Organisation (WTO), during the first half of 2009,
China, for the first time in
seven years, passed Germany
in export earnings with a turnover of 521.7 billion USD, compared to Germany’s 521.6
billion USD.
Economists have predicted that this trend will be repeated during the second
half of 2009 and in the years ahead.
On December 26, the Federation of German Industries said that Germany's
exports in 2009 are forecast to drop by 18 percent from the previous year to
992.7 billion EUR.
Ethnic
minority’s policies under spotlight
Lam Dong (VNA) –
A number of measures to help monitor how policies on ethnic people in the
central highlands, central southern and southeastern regions are working are
high on the agenda of a seminar in Lam Dong province.
At the two-day event, which ends on Dec. 29, the participants will focus their
discussions on the role of elected agencies and auditing.
They suggested enhancing the role of National Assembly deputies and People’s
Councils at all levels and decentralising management.
Vice Chairman President of the NA’s Council of Ethnic Minorities Giang A Chu
highlighted the results of the country’s ethnic policies. However, he pointed
out poor supervision and slack management in some areas.
The solutions put forward at the seminar will be enable the Council and
Committee of Ethnic Minorities to finalise the monitoring of ethnic policies
and improve the capabilities of State agencies, he said.
Crackdown on
food violations tipped in preparation for Tet
Hanoi (VNA) – Food hygiene inspectors will
conduct quality raids throughout the country from January 1 as part of a crackdown
to ensure food safety during Tet.
Deputy Health Minister Trinh Quan Huan said raids would continue until the
Lunar New Year Day (February 14) and focus on traditional and popular products
such as sweets, soft drinks, alcohol and meat products.
Ten inspection groups staffed with officials of ministries of Health,
Agriculture and Rural Development, Science and Technology and Industry and
Trade will check product labels and hygiene conditions in markets, supermarkets
and restaurants and ask for food hygiene certificates as well as other product
quality tracking documents.
“The demand for food soars during Tet, resulting in abnormal increases in
imported products – legal and illegal – in both number and category,” said
deputy director of the Department of Food Hygiene and Safety Nguyen Thanh
Phong.
In addition to inter-ministerial inspectors, grassroots authorities will
inspect food hygiene and safety in their own areas.
Food Hygiene and Safety Department statistics show there have been 147 food poisoning
cases involving 5,000 people this year. Almost 4,000 of them were hospitalised
and 33 died. Meanwhile, municipal health inspectors on Dec. 27 uncovered food
hygiene violations at several Chinese sausage shops and producers in HCMCity
.
Fresh Chinese sausage (lap xuong), produced by San Pan on Binh Tan district’s
Street 36, was found to have lacked product quality certificates. Dozens of
packs were found without origin labels or were overdue. The shop was closed
down temporarily while products were sent for testing.
In another case, Hong Ngoc Chinese sausage producer in Binh Tri Dong ward, Binh
Tan District, was caught using unclean equipment.
Chinese sausages are made of pork, chicken or liver. They are a traditional
dish in Vietnam
, particularly for the Lunar New Year festival.
Khmer kids
learn native tongue
HCMCity (VNA) – Khmer ethnic minority students in
Soc Trang province in the Mekong Delta have been learning with their native
language as well as Vietnamese from primary to secondary education.
All six boarding schools for more than 1,000 Khmer students in the province
have included the Khmer language in their curriculum, according to a report
from the provincial People’s Committee.
Students at 151 public schools, including 116 primary schools, 31 high schools
and four senior high schools, have studied Khmer.
Khmer students have been exempted from school fees and poor students have been
provided with textbooks and schooling aids.
All 399 teachers of Khmer language have been trained in both Vietnamese and
Khmer and instructional methodologies.
They are also paid an additional monthly pay supplement that equals at least
half of their normal salary .
Tran Viet Hung, director of the provincial Education and Training Department,
said 6,600 students last year took a test of proficiency in Khmer, with up to
98 percent of them being qualified.
In some schools, third-grade students have begun to study English or another
foreign language, along with Khmer language as well as other required subjects,
Hung said.
He said there are too many subjects and proposed that the Education and
Training Ministry review and adjust the curriculum for Khmer students.
The province, where most of the Khmer ethnic people in the country live, have
more than 68,000 Khmer students learning Vietnamese and Khmer this school year.
Young targeted
in drug addiction prevention
HCMCity (VNA) – Preventing
young people from becoming drug addicts would be a priority in HCMCity
next year, director of the HCM City Labour, War Invalids and Social Affairs
Department Le Thanh Tam told a recent conference in the city.
Tam told a recent conference on preventing prostitution and drug addiction that
this year the number of reported addicts in the city increased 25.16 percent
from last year to 2,417.
Of the total, 757 were new addicts who were reported for the first time and 484
had relapsed, he said.
The rest or nearly half of the total came from other provinces and cities
nationwide making policing complicated, he added.
Deputy head of the department’s Social Evils Prevention Division Le Van Quy
said that only 27 out of 127 spots of prostitution and drug trade in the city
were eliminated since the beginning of the year.
The management and support for former addicts reintegrated into society was
still weak, with more than 1,600 out of 2,200 detoxificated addicts leaving
their localities and not reporting to local authorities.
Nearly 70 percent of rehabilitated addicts were assisted to find jobs with
monthly incomes ranging from 800,000 VND to 2 million VND (44-110 USD), yet
most of the jobs were unstable.
Local authorities blamed the city’s limited budget for the inadequade support
of addicts.
Quy said there wasn’t enough money allocated to projects to help former addicts
stabilise their lives or enough subsidies paid to officials to supervise the
addicts after rehabilitation.
Uncle Ho
kitchen, medical utensils on display
Hanoi
(VNA) – The Ministry of Culture, Sport and Tourism has just opened a showroom
displaying the kitchen and medical equipment used to serve President Ho Chi
Minh during the 15 years he lived and worked in the President’s Palace in Hanoi .
The kitchen also served Pham Van Dong when he was working as the Prime Minister
of the Vietnamese Government. Equipment displayed in the showroom includes
medical equipment from the Military Hospital No.108 to provide care to Uncle Ho
in the 1960s.
The display is located near the Ho Chi Minh Museum in Hanoi.
More Central
Highlands people access electricity
Hanoi (VNA) – An additional 136 villages in
Central Highlands provinces will be connected to the national power grid in
time to celebrate the traditional lunar new year festival.
The management board of the central rural energy project said more than 56,000
electricity meters and home wiring will also be installed free of charge for
ethnic households from now until Tet holiday.
Overseas Vietnamese
in Germany plan Vietnam Year
Berlin (VNA) – A
series of cultural, economic, sport activities will be held throughout next
year to celebrate the “Vietnam Year in Germany – 2010”, marking a new step of
development in Vietnam-Germany relations.
The “Vietnam Year in Germany – 2010” held on the occasion of the 35 th
anniversary of the two countries’ diplomatic ties, will include an exchange
programme for young people from Vietnam and Hessen state, workshops and
business forums, photo exhibitions and a Vietnam Culture-Tourism Week,
Ambassador to Germany Do Hoa Binh said at a planning meeting with Germany-based
Vietnamese organisations in Berlin on Dec. 26.
The Lunar New Year (Tet) festival will opens the Vietnam Year with the
participation of folk artists travelling from Vietnam .
The second major activity will be the Vietnam
culture-tourism week to be held in late August in Berlin
, featuring Vietnam ’s food,
beverage and products, traditional art performances and photos and films on Hanoi -the ancient
capital city, he added.
In addition to culture, sport, economic and tourism activities in both
countries, next year will witness visits of high-level delegations of the two
countries aiming at lifting Vietnam-Germany ties.
As a prelude to the Vietnam
year in Germany 2010, the Berlin Open Tennis 2009 was held on Dec. 25-26,
drawing Vietnamese players at different ages from Berlin
and other provinces and cities of Germany .
Jakarta (VNA) - The ASEAN Agreement on Disaster
Management and Emergency Response (AADMER) has entered into force, after
getting ratification from all ten member countries of the Association of
Southeast Asian Nations (ASEAN).
AADMER is the region’s response to the need to establish a regional disaster
management framework.
It contains provisions on disaster risk identification, monitoring and early
warning, prevention and mitigation, preparedness and response, rehabilitation,
technical cooperation and research, mechanisms for coordination, and simplified
customs and immigration procedures.
AADMER also provides for the establishment of an ASEAN Coordinating Centre for
Humanitarian Assistance on disaster management (AHA Centre) to undertake
operational coordination of activities under the Agreement.
Welcoming the agreement’s launch on Dec. 24, ASEAN Secretary-General Surin
Pitsuwan, said that AADMER is one of the fastest-negotiated agreements in
ASEAN’s history, having gone through a mere four months of negotiations.
The entry into force of AADMER is a remarkable progress for ASEAN in its joint
effort in responding to disasters happening in the region and in reducing
disaster risks more effectively, he added.
AADMER was signed by ASEAN Foreign Ministers in July 2005. Since then, ASEAN
has put in place measures to implement many provisions under the Agreement.
Thailand to boost medical tourism in 2010
Hanoi (VNA) - The Tourism Authority of Thailand
(TAT) will boost medical tourism in earnest in 2010, the National news Bureau
(NNT) reported.
NNT quoted Deputy Governor of the TAT’s Public Relations Division Surapol
Sawetserani as saying Thailand
has high potentials and marketing opportunities for the business, as most
foreign visitors using the service are those with high purchasing power.
The TAT is in the process of gathering information relating to health service
providers, accommodations, rehabilitation facilities and tourism programs for
companions, to be displayed on its website. Road shows will be later scheduled
to target countries, as part of the marketing strategy.
President of the Thai Hotels Association, Prakit Chinamourphong said the
medical tourism industry in Thailand
has high prospects for expansion. Statistics showed that over 1.2 million
tourists were seeking health care service in Thailand each year. The number is
believed to reach 10 million within the next five years.
NNT said the Ministry of Tourism and Sports has called a meeting of private
entrepreneurs and related units on 28 December 2009, in order to discuss the
business potentials and their cooperation for best absolute outcome.
BUSINESS
200 million
USD in government bonds up for bid
Hanoi (VNA) - The Hanoi Stock Exchange (HNX)
said it will hold a bidding session for government bonds worth 200 million USD
on December 29.
The bonds, which will be issued by the Vietnam State Treasury on December 31,
will mature in a year.
The bonds with a face value of 100 USD will be offered via both competitive and
non-competitive coupon biddings.
This will be the fourth time HNX has issued government bonds this year.
Rubber company
receives licence for Laos
project
Vientiane (VNA) – Ha Tinh Rubber Company of Vietnam
has been licensed to invest in a project planting rubber trees on 600 ha in
Borikhamsay province
of Laos .
The company has also signed a memorandum of understanding with the province’s
youth union to carry out the project.
Under the memorandum, the investor will provide technique for plantation of
rubber trees and exploitation of rubber latex to local workers.
The project is scheduled to start in April 2010.
Nation lures
21.48 billion USD in FDI this year
Hanoi
(VNA) – Vietnam
attracted 21.48 billion USD in foreign direct investment (FDI) this year
despite the world economic crisis and competition from regional
countries.
Of the total, 16.34 billion USD are registered capital of 839 newly-licensed
projects and the rest comes from increased capital of 215 ongoing projects,
reported the Ministry of Planning and Investment’s Foreign Investment Agency
(FIA).
The agency said that accommodation and restaurant service continues to arouse the
biggest interest of foreign investors this year, drawing in 8.8 billion
USD.
Real estate business comes second with an estimated 7.6 billion USD. It is
followed by the manufacturing and processing industry with 2.97 billion
USD.
In 2009, the country’s disbursed capital is estimated at 10 billion USD, about
1.5 billion USD lower than the figure of 2008 when pledged FDI reached a record
high of 64 billion USD, according to the agency.
During the reviewed period, FDI enterprises posted encouraging results due to a
combined export turnover of 29.9 billion USD, including oil and gas, making up
52.7 percent of Vietnam’s
total export revenues.
FIA experts attributed these achievements to the government’s efforts to
improve the investment environment making it more suitable with international
practices and laws.
In addition, provinces and cities have taken the initiative in luring this
source of capital by restructuring various departments for better efficiency
including administrative procedures and licensing as well as facilitating
implementation of FDI projects.
However, the experts said Vietnam
needs to upgrade its infrastructures and better develop human resources and
management capacity of local authorities to accelerate the disbursement tempo,
which has been considered a big obstacle for foreign investors.
The agency said the country is expected to attract from 22-25 billion USD in
FDI and disburse between 10 and 11 billion USD in 2010.
New proposals
to reduce poverty rate
Hanoi (VNA) –
Local and overseas experts discussed a range of proposals to reduce the number
of poor households while ensuring sustainable development over the period
2011-2020 at a seminar in Hanoi on Dec. 28.
They said that Vietnam
should select a model that combines growth with reducing poverty to create the
right conditions for poor people to improve their capabilities and increase
their chances to access to economic sources.
On the other hand, the nation needs to attach poverty reduction targets to the criteria
for building new urban areas, social welfare policies and vocational training
programmes for rural labourers.
Deputy Minister of Labour, War Invalids and Social Affairs Nguyen Trong Dam
confirmed that the Vietnamese Government always includes eradicating hunger and
reducing poverty in its national economic development plans. Vietnam is
considered a role model in the field, he added.
The number of poor households decreased from 58 percent in 1993 to 14 percent
in 2008 after 10 years of introducing the country’s national poverty reduction
programme. Thanks to it, many poor people have now more chance of accessing
basic social services, including education, health care, electricity, safe
water and environmental hygiene, said the seminar.-Enditem
Foreign banks
expand presence in Vietnam
Hanoi
(VNA) – Many foreign banks have joined up with local partners to expand their
presence in Vietnam’s
market in addition to opening more branches and introducing new products.
ANZ Vietnam has linked up with the Vietnam Post Corporation (VNPost) and the
Bank for Agriculture and Rural Development of Vietnam (Agribank) to enable
collection and payment services to be made at their branches nationwide.
Working in conjunction with VNPost and Agribank will help ANZ to offer its
banking services at nearly 2,000 of VNPost’s post offices and 2,200 of
Agribank’s branches and transaction centres.
Earlier, HSBC Vietnam had signed a cooperation agreement to integrate its
banking services with VNPost’s system. HSBC has also recently made an agreement
with VNPost to provide a premium collecting service for the Bao Viet Life
Insurance Corporation. Ha Tay has been chosen
for the pilot run in 2010 and will later be expanded to other localities so Bao
Viet Life’s customers can pay their premiums at any post office nationwide.
According to Thomas Tobin, HSBC Vietnam’s General Director, this will help it
to provide customers with a more convenient service.
Following their successful liaison with Bao Viet Life Insurance Corporation,
more businesses can now collect and pay regular charges or fees such as rents,
telephone charges and water bills using the new service, said Tonbin.
Meanwhile, ANZ Vietnam’s General Director Dam Bich Thuy stressed the importance
of capital management in businesses that have to collect regular large-scale
fees. ANZ Vietnam is developing the service to help firms manage their finances
more efficiently.
VNPost’s General Director Do Ngoc Binh said that cooperating with ANZ and HSBC
will enable his firm to learn from their partners’ state of the art monetary
management, ensuring more effective management when collecting and paying fees.
Agro-forestry-fisheries
exports drop 7 percent in value
Hanoi (VNA) – The export value of
agro-forestry-fisheries products are estimated to have reached 1.3 billion USD
in December, bringing the total amount for the whole year to 15.34 billion USD,
a year-on-year drop of 7 percent, according to the Ministry of Agriculture and
Rural Development.
Of this figure, farm produce earned just over 7.8 billion USD and forestry
products brought in 2.74 billion USD, both down by 11 percent year-on-year.
Fish and seafood netted 4.2 billion USD, down by 6.7 percent as compared to the
same period last year.
Almost all agro-forestry-fisheries products increased in volume but dropped in
turnover.
An initial estimate shows that this year Vietnam exported a record 5.8
million tonnes of rice, but only made 2.6 billion USD, a drop of over 10
percent, due to a fall in global prices.
Exports of coffee and rubber were also in the same boat. The amount exported
coffee increased to 1.1 million tonnes, 40,000 tonnes higher than the last
year’s figure, but the turnover fell to 1.7 billion USD, 400 million USD less
than last year’s figure.
And rubber, even with export prices rising to over 1,000 USD per tonne in
November compared to the beginning of the year and volume being up by 9.4
percent, still saw a drop of over 26 percent in value.
Even export staples that can govern prices on the world market such as cashew
nuts also were the same. Vietnam
, as one of the top world exporters of cashew nuts, exported 175,000 tonnes and
earned 840 million USD, up 6 percent in volume but the value was equal to only
92 percent of last year’s.
Tea and pepper were the only two agricultural products to go up in both volume
and value however this was mainly due to the increased tonnage and not higher
prices.
Vietnam
earned 178 million USD from exporting 133,000 tonnes of tea this year, up 21
percent in value and 27 percent in volume, as the export price for the
country’s tea is only half the global price.
The export turnover of wooden products this year reached 2.5 billion USD, down
by 10 percent, due to the world’s economic recession that lowered the demand
from many of Vietnam ’s main
importing markets such as the EU which was down by 30 percent and the US down by 10
percent.
Over the year, Vietnam
imported high volumes of input materials for the agro-forestry-fisheries sector
such as fertiliser, insecticides and wheat. Of these, animal feed and raw
materials were the largest at 1.75 billion USD.
Plunge in pork
prices puts pressure on producers
HCMCity (VNA) – The price
of pork products in HCMCity will continue to
fall sharply because of an abundant supply.
Vissan Co has cut pork prices by 2,000 VND per kilograme over last week, and
frozen meat prices by 5 percent. San Miguel Co also cut prices by 2,000 VND a
kg.
The prices of best-selling pork products at supermarkets such as Citimart,
Coopfood and Maximart have been reduced by 10-15 percent.
Supply has increased considerably at the markets, especially in Binh Dien and
Hoc Mon wholesale markets.
Tran Quang Trung, owner of a breeding farm in Dong Nai province, said live pork
prices had fallen from 37,000 VND to 33,000-34,000 VND per kg.
Tran Van Hac, business director of CP Company, one of the key pork suppliers
for the HCMCity market and nearbly provinces, said
the increased supply was due to large shipments of pork from the north.
According to market analysts, lower consumption of pork in the China market
has led to the rise in additional supply from the north.
The price of live pork in the northern region’s breeding farms is 31,000-32,000
VND per kg. Traders transport them to the southern region for sale, aiming to
earn high profit.
Price cuts will cause losses for breeding farms, who are already incurring
higher costs for feed.
Nha Trang
offers sure bet for building hotels
HCMCity ( VNA) – The
feasibility of building hotels in Nha Trang resort city in central coastal
Khanh Hoa province is better than other cities because of its success as a
tourism destination, according to real estate service and consultancy provider
Savills Viet Nam
.
The total number of tourists coming to Nha Trang has been stable despite the
economic slow-down, which indicates a promising future for the hotel market
there, Savills said.
The next few years, Savills reckons that 14 hotel projects with about 2,300
rooms could be completed in Nha Trang.
Currently, there are 373 hotels in Nha Trang, providing 9,712 hotel
rooms.
They include three 5-star hotels and resorts, five 4-star hotels, twelve 3-star
hotels and approximately 51 two-star ones.
Since October, many hotels of all grades have offered discounted room
rates.
The majority of tourists travelling to Nha Trang during this period are
foreigners. Hence, occupancy of 4-star and 5-star hotels is higher than in
3-star hotels due to foreigners’ preference for high quality rooms.
Nha Trang has long been renowned as a popular tourist destination, but the MICE
( meeting – incentive –conference – event) segment and demand from other
business travellers remains limited.
The number of tourists in Khanh Hoa province increased constantly in the period
2000-08.
In 2008, despite the global economic downturn, Khanh Hoa welcomed about 1.6
million visitors, an increase of nearly 17 percent compared with 2007, in which
domestic and foreign visitors accounted for 80 percent and 20 percent,
respectively.
EVN plans new
power sources in dry season
Hanoi (VNA) – The Electricity of Vietnam
Corporation has announced that there will be sufficient power supply for the
dry season in 2010, provided that the new sources of power generation are put
into operation on schedule.
The company also said power demand for the dry season next year will be more
than 16 percent higher than in 2007. EVN said it had negotiated with a Chinese
power company in YunnanProvince to buy a large
quantity of electrical power in the fourth quarter of 2009 and the first six
months of 2010. In addition, power supply from the south will be transmitted to
the north.
At present, some 35 million kWh of electricity has been transmitted from the
south to the north per day on the 500kV transmission line. EVN said there had
been little rain in the north since September this year, and water flow into
the reservoirs of hydropower stations was only equal to between 40 and 60
percent compared with last year.
Vietnam Entrepreneurs Association in Belgium & Luxembourg debuts
Brussels (VNA) – The Vietnam Entrepreneurs Association in Belgium and Luxembourg made debut on Dec.
26.
The association aims to assist its members in investment, trade, business and
production in Vietnam , Belgium and Luxembourg
and facilitate information exchange with businesses and entrepreneurs in Vietnam and
other countries.
The organisation will also provide information on Vietnam
’s policies to assist its members’ investment in Vietnam.
20 million USD
for sea port system development by 2020
Hanoi (VNA) – Vietnam will need between
360,000-440,000 billion VND (19.5-23.8 million USD) to develop its sea port
system by 2020 with a vision towards 2030.
A master plan for sea port development has been approved by the Prime Minister,
aiming to increasing the system’s cargo throughput to 500-600 million tonnes
per year by 2015, 900-1,100 million tonnes by 2020 and 2.1 billion tonnes by
2030.
In the immediate future, priority will be given to developing several
international-standards deep-water sea ports to receive big vessels, including
the Lach Huyen port in the northern port city of Hai Phong
, the Nghi Son port in the northern central province
of Thanh Hoa and the Van Phong port in
the southern central province
of Khanh Hoa .
The PM in his decision to ratify the plan stressed the need to mobilise all
resources in and outside the country for the plan. Capital from the State
budget will be used for public infrastructure projects related to seaports such
as sand-protection dykes and roads.