Sawaco to sell water to IPs in Long An

Van Nam Bach Vu Hai, deputy general director of Sawaco, told the Daily that the water will be supplied to industrial parts in the neighboring province via the water pipe system along Provincial Road 10 in HCMC’s Binh Chanh District. Hai Sawaco will also build a pipeline in HCMC’s outlying district of Nha Be to supply over 20,000 cubic meters of water to households in Long An Province’s districts of Can Giuoc, Duc Hoa and Duc Hue. The fresh water will be sourced from Tan Hiep Water Plant in Hoc Mon District. Hai said Long An Province has requested Sawaco supply water to the districts as a number of residential areas in the province lack fresh water for daily activities. Water supply in HCMC will go up by 50% at the end of this year when new water plants with a combined daily capacity of 830,000 cubic meters will be up and running. Sawaco’s current water supply capacity is over 1.7 million cubic meters a day and will be expanded to nearly 2.6 million … [Read more...]

Economic restructuring too slow – seminar

Tu Giang Nguyen Dinh Cung, president of the Central Institute for Economic Management (CIEM), told the seminar that the economic restructuring process has been moving so slowly. Economic expert Luu Bich Ho shared Cung’s view, saying economic restructuring is still at the starting point. "Restructuring has relied on the old mindset and the decisive role of the State economic sector," he said, adding that three years have gone but fundamental problems have not been solved thoroughly. Former CIEM president Le Xuan Ba emphasized that Vietnam could fall far behind other countries if the restructuring of the economy is as sluggish as ever. Ba noted the cost of economic restructuring is high indeed as inefficient enterprises will go and State budget collections will be affected. "We have to accept economic growth of as low as 4-5% in the short run in order to achieve growth of 8-10% in the medium term," Ba said. The report on Vietnam’s economic restructuring in the … [Read more...]

Ministry wants wages, bonuses at State-controlled firms tightened

Thuy Dung The ministry said some State-controlled enterprises offer managers wages and bonuses not corresponding to their business results and much higher than those of staff at the same firms and wholly-owned enterprises. Data of the ministry showed monthly salaries of employees at 345 joint stock companies with majority State ownership in 2013, mainly medium and small firms, were VND10-11 million but the wages of managers were 2.3-2.5 times higher, VND25-26 million per month. At major and profitable companies, the monthly wages of managers ranged from VND70 million to VND90 million and probably up to VND155 million for certain positions. These are many times higher than the average levels of employees and managers at 100% State-owned enterprises as pays at these enterprises are capped at VND40-45 million per month. Surprisingly, some enterprises paid managers up to VND45 million per person per month compared to the monthly amount of VND3 million for normal employees despite … [Read more...]

Luxury bridal fashion show at New World

Kieu Giang Fashion designer Pham Dang Anh Thu (L) of the Joli Poli wedding dress brand prepares a gown for actress Truong Quynh Anh who shows some of the latest Joli Poli creations at the Luxury Bridal Fashion Show at weekend At the free entrance event there was be a colorful and impressive party called "Cinderella," which featured some leading wedding dress and jewelry brands and top photographers and wedding planners such as DOJI, Maria Beauty Center, Joli Poli, Orange Studio, GBrown, ADSA Photo, MiMi, Koyuki, Cao Son Flower, and Medusa. Guests had a chance to experience a dream wedding with candle light and flowers, and see some of the latest wedding gown collections and jewelries. Especially, there were interesting activities with lots of gifts for attendees, including a shoe test in a Searching for Cinderella event, Mother Beauty Awards, Couple of the Year, and Bride of the Year. The program is jointly organized by the New World Saigon Hotel and … [Read more...]

Market uptrend slows down

Phuong Thao The VN-Index increased a slight 2.46 points, or 0.45%, from the previous day at 552.56. Oil and gas stock PVD and bank stock VCB were the key contributors to the rally. Viet Capital Securities Company said there was less excitement compared to Wednesday’s huge breakout session on foreign ownership limit (FOL) increase rumors, likely because there was little news or follow-up info to substantiate those rumors Thursday. "Nevertheless, we note that money continued to chase brokerage stocks. HCM advanced to the limit-up while SSI was up 3.4%. We also observed strong buying in the afternoon phase, a typical exchange-traded fund (ETF) trading pattern," it commented. Trading volume on the HCMC market lost 12.7% against the previous day at 112 million shares but value increased 11% at nearly VND2 trillion (US$91.7 billion). Put-though transactions were also sizeable at nearly VND485 billion, accounting for 20% of turnover, mainly on FPT. The HNX-Index added 0.37 … [Read more...]

Thailand beats Vietnam 1-0 in World Cup qualifier

Vietnam will host Thailand in the second leg on October 13 in their 2018 World Cup qualifying round. Thailand defeated Vietnam 1-0 in a tough 2018 World Cup qualifying match at Rajamangala Stadium in Bangkok on Sunday. Both teams kicked off the match with fast attacks and tough blocks in the first half. The absence of defender Chi Cong, who suffered a muscle tension in a training session ahead of the match, has exerted increased pressured on Ngoc Hai and Huy Cuong, who did not have good coordination in blocking Thailand’s attacks. In the 73rd minute, Minh Chau was sent off after picking up his second yellow card. Thailand took advantage of outnumbering Vietnam, sending striker Adisak to replace defender Kroekrit. In the 81st minute, Pokklaw scored the match’s only goal for Thailand with a long distance shot that defeated Vietnam's goalkeeper To Vinh Loi. In Group F, Vietnam will play Indonesia on September 3, Chinese Taipei on September 8 and Iraq on October 8 in … [Read more...]

Germany workshop reviews Vietnam’s progress 40 years since war’s end

The development of Vietnam 40 years since the end of the war in the country was the focus of a recent Berlin workshop co-hosted by the Rosa – Luxembourg Foundation in Brandendburg and German international policy research magazine WeltTrends. In his keynote speech, Prof. Wilfried Lulei, Chairman of the Advisory Board of the Vietnam – Germany Friendship Association, recalled the historic day of April 30, 1975 when a Vietnam People’s Army tank crashed through the gate of Independence Palace in the then Sai Gon, forcing the then President of South Vietnam Duong Van Minh to surrender unconditionally. Millions of people across Vietnam and in many other countries were rejoiced at the news on the victory which marked the glorious triumph of the Vietnamese people’s struggle for independence lasting several decades, he said. Prof. Wilfried Lulei. Photo: Lulei told the workshop that after the national reunification, the fourth National Party Congress … [Read more...]

Argentine press extol Vietnam’s most imposing cave

Cave Son Doong. Photo: The beauty of Vietnam’s mot imposing cave, Son Doong was recently extolled in an article carried by Clarin, Argentina’s biggest online news website. The website also published a 6-minute video capturing the mighty scenery in the cave. The article reported that Son Doong was discovered in 1991 but the first exploration of the cave was made in 2009. It is located in Phong Nha-Ke Bang National Park, about 500 kilometres from Hanoi, the capital city of Vietnam, The cave, the world’s largest natural cave, is 4.8 kilometres long, 201 metres high and 149.3 metres wide. It is home to a network of underground rivers, tropical jungle and even beaches. US photographer Ryan Deboodt was quoted as saying that the cave is an alien planet in Earth. Source: VNA … [Read more...]

Da Nang opens industrial and trade fair

Delegates visit a booth after the openning ceremony PANO – Da Nang City’s Department of Industry and Trade opened an annual industrial and trade fair on May 23rd. This year’s event draws the participation of 145 businesses from the host Da Nang and other provinces and cities nationwide to showcase their products such as electronic, energy save, information technology products, furniture, interior decoration, handicraft, textile industry and fashion accessories in over 300 booths. The fair, ending on May 29th, is a good chance for Vietnamese firms to advertise their products, seek partners and develop domestic market. Translated by Pham Huy … [Read more...]

Exhibition held in aid of Nepal

PANO – The Ho Chi Minh City Photography Association and the "Towards Nepal" group are running a photo exhibition between May 23rd and 25th at the association’s headquarters in order to raise funds for earthquake victims in Nepal. A photo taken by photographer Hoang Thach Van at the exhibition. Source: Since a devastating earthquake hit Nepal on April 25th, the two organizers launched a program to collect photos on the country via online photography forums, which has attracted the participation of local citizens. After that, the organization panel selected 45 best works, taken by Vietnamese tourists on charming landscapes, Buddhist features and lifestyles in Nepal for the exhibition. Each 40x60cm photo is sold for VND 2.5 million VND. The proceeds from selling the photos, after having paid for the organizing cost, will be donated to support the Nepalese victims. The death toll passed 8,000 after the devastating 7.8 magnitude quake, which was seen as the … [Read more...]

Vietnam and Greece to boost cooperation

Photo for illustration. Source: PANO – An array of activities on economic, trade and tourism promotion between Vietnam and Greece have recently taken place in Greece. At a reception given to Vietnamese Ambassador to Greece Tran Thi Ha Phuong, Greek Minister of Tourism Elena Koutoura highly valued the bilateral tourism cooperation and underlined that Greece is willing to support travel agencies of the two countries to beef up their business. Previously, Ambassador Phuong led a mission to visit Thessaloniki city in Macedonia region – the Greek’s economic and cultural hub – at the invitation of Regional Governor of Central Macedonia Apostolos Tzitzikostas. The two sides reached consensus on fostering the bilateral cooperation, especially in economy, trade and investment; boosting delegation exchanges; and signing memoranda of understanding and a twinning agreement between Thessaloniki and Ho Chi Minh City of Vietnam. Translated by Pham Huy … [Read more...]

Needy naval officer receives new house

Delegates cut the ribbon to inaugurate the house for Lieutenant Nguyen Van Linh PANO – Lieutenant Nguyen Van Linh, a non-commissioned officer of the Technique Department of the Naval Region II Command has been presented with a new house. Among the expenditures for the house’s construction, VND 60 million was extracted from the Navy’s Fund "Day for the poor". Since the beginning of this year, the Naval Region II Command has built and handed over five houses to its needy troops in provinces of Ha Tinh, Nghe An, Dong Nai and Ba Ria-Vung Tau. Translated by Van Hieu … [Read more...]

Memorial site for President Ho Chi Minh’s father unveiled

Locals visit the temple commemorating President Ho Chi Minh’s father, Nguyen Sinh Sac, at the site. Photo: baobinhdinh PANO – The Binh Dinh provincial People’s Committee inaugurated a site commemorating President Ho Chi Minh’s father, Nguyen Sinh Sac, at the Binh Khe historical relic site in Tay Giang commune, Tay Son district, on May 23rd. The site, including a temple, a memorial house and a stele, was built from early 2014 on an area of 2.6ha at a cost of approximately VND 67 billion from the State budget and local sponsors. Being a child, President Ho Chi Minh had lived with his father in Binh Khe district (now Tay Giang commune) when Mr. Sac was appointed by the Nguyen-dynasty to be the district chief in mid-1909. Translated by Pham Huy … [Read more...]

First private house displays exhibits on Russian literature

People tour exhibits at the memorial house PANO – The first private memorial house "Russian literature in Vietnam" opened in Phu Luu ward, Tu Son town, Bac Ninh province on May 23rd. The two-storey house, built by translator and poet Hoang Thuy Toan, exhibits his own collection of books, newspapers and publications relating to Russian literature in Vietnam since early 20th century. Especially, the author reserved a space to introduce items on different contents, such as "Uncle Ho with Russia", and "Topics on Russian in Vietnamese literature and vice versa". The First Secretary of the Russian Embassy to Vietnam Vladimir Shustov affirmed that the memorial house is the place where the heritage of the Russian literature was carefully preserved and also the venue of Russian language learners to exchange and learn more about the Russian literature. Translated by Pham Huy … [Read more...]

Border guards foster law education and dissemination

Photo: PANO – The Border Guard High Command has reviewed the achievements in law education and dissemination to troops and people in border areas and on islands in Quang Ninh and Tien Giang provinces in the 2013-2016 period. Over the past time, local authorities have teamed with border guards to strengthen the capacity building of the staff in charge of law education and dissemination councils at grassroots level and set up models to effectively popularize laws to cadres, soldiers and islanders. These activities have raised their awareness of grasping and executing the State laws and military regulations. Translated by Van Hieu … [Read more...]

Vietnam calls for more UN support to its peacekeeping operations

PANO – The Ministry of National Defence on May 23rd held a conference to review Vietnam’s one-year participation in the UN Peacekeeping Operations and to reveal the Vietnam Peacekeeping Centre construction project, in the presence of UN Secretary-General Ban Ki-moon. So far, the Vietnam Peacekeeping Centre, under the Ministry of National Defence, has sent two officers to the UN Peacekeeping Mission in South Sudan (UNMISS) and three more officers to the UN Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA). UN Secretary-General Ban Ki-moon addresses the ceremony All the UN, UNMISS and MINUSCA highly appreciated the Vietnamese officers for their efforts in carrying out the assigned tasks. At present, the Ministry of National Defence and relevant units are boosting the construction of the new headquarters of the Vietnam Peacekeeping Centre in Thach That district, Hanoi. Once completed, it is expected to serve as a centre for … [Read more...]

Vietnam’s luxury home market remains frozen

Photo: Though the overall realty market in Vietnam may be showing some cracks, the market for oceanfront mansions and palatial condos shows no signs of thawing, dampening concerns of wildly escalating prices in the near future. Vietnam has been easing restrictions on foreign ownership of real estate as part of an effort to attract higher levels of investment and stimulate the realty market, which has been ailing ever since it froze four years ago. Following years of easy credit and lax oversight, the market crashed in 2011 leaving the banking sector saddled with bad debt and unable to provide the credit domestic businesses throughout the nation need to grow and prosper. Opening up the market and expanding the criteria for people to buy and own houses in the Southeast Asian nation has the aim of creating more favourable conditions to draw foreign investment and partially alleviate problems associated with the bad debt saga. Under Vietnam’s constitution, all … [Read more...]

Selling jellyfish rolls on Hanoi street for 70 years

A street shop in Hanoi is special in more ways than one: it is run by possibly the oldest hawker in the world and it serves the simplest yet most unique snack -- raw jellyfish in natural red dye. Nguyen Thi Gai, now almost 90, serves the snack in the mouth of an alley along Hang Chieu Street. She sits under an old mahogany tree with two large basins in front. One of them is full of red jellyfish and the other has ingredients like fresh aromatic leaves, grilled tofu and pieces of coconut flesh to roll with the jellyfish, and lemon, red chilli, and fermented shrimp paste to make a dipping sauce for the roll. Gai gets her supply from the nearby coastal city of Hai Phong, where people catch and clean jellyfish before soaking them in water together with the bark of bruguiera, a kind of mangrove tree, to give them the red color. The jellyfish is transported to the capital in closed bamboo baskets, and they can stay for months without going bad. Gai just has to put the jellyfish in … [Read more...]

Heart failure victims require depression counseling

People with heart failure must be screened for signs of depression and offered counselling, scientists say. A small study presented at the European Society of Cardiology suggested patients with depression were more likely to die within a year. Though many factors are likely to influence this - including the severity of the disease - researchers say managing depression is important. And charities advise people to seek help through specialist nurses and GPs. Prof John Cleland, chief investigator in the study, who works at both Imperial College London and the University of Hull, describes heart failure as a "modern epidemic" that affects 900,000 people across the UK. But despite trying to find better drugs and improved procedures there is no cure, Prof Cleland told the BBC: "Being heart specialists we have focused on trying to find medicines, devices, and operations." "They work but not as well as we would like. So we have decided to step back and look at the bigger picture," he … [Read more...]