Psychological factor pushes dollar up

Tran Thu Local banks on November 24 quoted the dollar selling price at VND22,520-22,545 compared to the permissible ceiling of VND22,547 set by the State Bank of Vietnam. Vietcombank bought the dollar at VND22,450 and sold it at VND22,530 while the dollar selling price of Techcombank stood at VND22,540 and that of Saigon Commercial Bank (SCB) at VND22,545. On the informal market, a money changer in HCMC on November 24 quoted the greenback at VND22,640 for buying and VND22,670 for selling. At the end of the day, Vietcombank kept dollar buying and selling prices unchanged. The greenback selling prices at Techcombank and SCB also stayed the same. A banker told the Daily that the exchange rate between the dong and the dollar has edged up due to the psychological factor after news about a possible rate hike by the U.S. Federal Reserve in December. In addition, China’s yuan has weakened strongly against other currencies, so there is speculation that the central bank may … [Read more...]

Sunwah celebrates 45th anniversary

Kinh Luan Sunwah Group’s president Jonathan S K Choi (2nd, L) receives a certificate of merit from HCMC Department of Industry and Trade director Le Van Khoa at the celebration of the group’s 45 years in Vietnam - PHOTO: KINH LUAN "Our group has 60 years of history and we have had 45 years of operation in Vietnam," said the group’s president Jonathan S K Choi. The group, which operates in such main areas as real estate, financial services, infrastructure, technology, media, and seafood and foodstuff in Vietnam, first set up its foothold in this market in 1970 via seafood processing plants in Saigon, Nha Trang and Kien Giang. At that time, Sunwah was not only the country’s largest exporter of agricultural and seafood products but also the largest importer of monosodium glutamate, electrical appliances and fertilizer. "Up to now, we still engage in processing and trading seafood, coffee and other agricultural products in Vietnam," Choi said. In … [Read more...]

Endangered Sunda pangolins back to nature

Ngoc Hung Two pangolins are seen at the release at Cuc Phuong National Park in central Vietnam - PHOTO: SAVE VIETNAM’S WILDLIFE Over 20 officers from SVW/CPCP, WWF and the rangers from the reservation arrived at the release location with the pangolins and were divided into four groups to release the pangolins at four different areas. The pangolins arrived in good health, and were offered a meal of frozen ants before being released back to the forest. Each pangolin was released 300 meters apart. Nguyen Van Thai, director of SVW, said: "This is the second time we have released confiscated pangolins back to the wild. In June 2015, 35 Sunda pangolins were released back into the wild. "The pangolin is one of the most trafficked animals in the world. The two species of pangolin in Vietnam are facing extinction. The release of these rescued pangolins helps increase the population of pangolins in the wild. To make sure that the pangolins will be safe in their new habitat, we … [Read more...]

Ha Giang asks tourists to stop giving money to children

Dao Loan A tourist poses for photos at a buckwheat fl ower field in Dong Van rock plateau in the northwestern province of Ha Giang - PHOTO: ANH KIET Trieu Te Vinh, secretary of the provincial Party Committee, said tourist arrivals in the province have steadily grown. During the buckwheat flower festival between November 12 and 15, the province attracted over 107 groups of tourists, resulting in all the hotel and hostel rooms in the buckwheat growing area being fully occupied, he told a conference on promotion of investment in the northwest held in HCMC on Monday. However, tourists often share the difficulties faced by children in rural areas, so they would give them some cash when they meet those kids. This is a good deed but local kids have developed a habit of soliciting tourists for money. "Children usually stand on the streets and wave to tourists so as to ask for money. Therefore, we want tourists to give them gifts instead," he said. Buckwheat is cultivated in winter … [Read more...]

Vietnam, Japan discuss support for businesses in technology transfer

Photo: A workshop was held in Hanoi on November 25 to discuss supporting policies and models for businesses in research and technology transfer to implement Vietnam’s industrialisation strategy within the framework of Vietnam-Japan cooperation. Participants at the event, co-organised by the Central Institute for Economic Management (CIEM) and the Japan International Cooperation Agency (JICA), assessed the situation in joint research and technology transfer between Vietnamese and Japanese firms in six industries prioritised in the industrialisation strategy. They put forward recommendations to strengthen these activities. The six priority industries include electronics, agricultural machinery, agricultural and seafood processing, ship building, the environment and energy saving, and the manufacture of cars and spare parts. Speaking at the workshop, Yoichi Sakurada from Mitsubishi Research Institute briefed attendees on one of business supporting models … [Read more...]

State President meets with German friends

PANO – State President Truong Tan Sang met with German friends in Berlin on November 24th, as part of his state-level visit to Germany from November 24th and 26th at the invitation of German President Joachim Gauck. Previously, the Vietnamese leader and his spouse were welcomed with a 21-gun salute and with the participation of German senior oficials, Vietnamese Ambassador to Germany Doan Xuan Hung, and ambassadors and charge d’affairs of ASEAN member countries to Germany. At the meeting, Ambassador Hung, President of the Vietnam Friendship Association in Germany Prof. Giesenfeld, President of the Germany-Vietnam Friendship Association Sommer and other representatives of non-governmental organizations delivered speeches to welcome President Sang’s state-level visit to Germany. At the meeting. Photo: Then, they recalled their unforgettable memories of and sentiments for Vietnam. In turn, President Sang recalled visits to Germany by late President Ho Chi … [Read more...]

ASEAN journalists to meet in Vietnam

Photo: The 18th General Assembly of the Confederation of ASEAN Journalists (CAJ) will take place in Vietnam on November 27 with the participation of delegates from ASEAN and international organisations. A ceremony will be held on the same day to celebrate the 40th anniversary of the CAJ, the Vietnam Journalists Association (VJA) said on November 25. The year 2015 holds a significant meaning in the history of development of the ASEAN and CAJ given the establishment of the ASEAN Community at the end of the year. The VJA will launch a photo contest highlighting the active engagement of ASEAN journalists in raising public awareness of climate change. Established in 1975, the CAJ is comprised of journalist associations of Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam and Laos. The VJA joined the confederation in 1995, the same year when Vietnam became an ASEAN member. The CAJ is the largest press organisation in the region, which has set itself the … [Read more...]

Writers encouraged to have more works about armed forces

Photo: PANO - Writers and literature researchers on November 24th discussed how to make their works on the armed forces and the revolutionary war more appealing to readers at a seminar at Tam Dao Composition Camp in Vinh Phuc province. Addressing the seminar, held by the People’s Army Publishing House, Senior Colonel Kieu Bach Tuan, the publisher’s Director and Editor-in-Chief, stressed the vital role of literature on the armed forces and the revolutionary war in Vietnamese literature in the past. He also agreed that in peacetime, the status of such a theme is reduced. Therefore, he hopes to collect more constructive opinions to resume such a theme for present work. Confirming that the topic of the armed forces and the revolutionary war is important, delegates called for more attention and support from relevant military and civilian organizations through different activities. They reached a consensus that writers and literature researchers themselves need to … [Read more...]

Vietnam boosts water resource protection

Photo: PANO - The Prime Minister has approved a Germany-funded project to protect groundwater resources in Vietnam in the 2015-2017 period. The project aims to promote the management, exploitation and protection of groundwater resources in the country, as well as to prevent degradation, depletion and salt intrusion posed by climate change. It will supplement data on groundwater resources in the Mekong Delta, while repairing and upgrading the salt intrusion monitoring network in localities benefiting from the project. The project will also enhance the technical investigation and evaluation capacity of the involved parties and raise public awareness of protecting groundwater resources. The project will cost 1.5 million EUR, provided by the German Government as Official Development Assistance, with the additional corresponding capital of 91,100 EUR from the Ministry of Natural Resources and Environment of Vietnam. Translated by Van Hieu … [Read more...]

VietinBank presents public facilities to Ninh Binh province

PANO - The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has handed over public facilities, worth VND 13 billion, to Ninh Binh province. Delegates at the inauguration ceremony for the Yen NhanPrimary School The gifts included Yen Nhan Primary School in Yen Mo district; two health stations in Phu Loc commune, Nho Quan district, and in Khanh Thuy commune, Yen Khanh district; and an ambulance to the General Hospital in Yen Khanh district. The province’s officials thanked the bank for the meaningful presents, contributing to improving the teaching and learning quality of local students and medical service for its residents. Up to now, VietinBank has spent more than VND 5.5 trillion carrying out welfare programs across the country. Translated by Viet Anh … [Read more...]

Two former military personnel titled Hero of the People’s Armed Forces

Secretary of the Da Nang city Party’s Committee Nguyen Xuan Anh (C) handing over the title to the two former military personnel PANO - The Party Organization and the People’s Committee of Da Nang City on November 24th announced the State President’s decision to confer the title of Hero of the People’s Armed Forces on former military personnel Nguyen Thanh Thuy and Le Trung Nuoi, in recognition of their great contributions to the nation. Born in 1930, comrade Nguyen Thanh Thuy is a Yen Ne villager of Hoa Tien commune, Hoa Vang district. He used to be the commissar of Commando Company H29 of the Quang Nam-Da Nang provincial army section. Over more than 30 years of the struggle for national salvation, he achieved many feats of arms and received many noble orders, including the third-class Military Feat Order, the first-class Anti-American Resistance War Order. He was also titled Valiant Man for fighting against American imperialists and destroying motorized … [Read more...]

Southern hub to hold 2015 International Good Dishes and Culinary Festival

Photo: VNA PANO - Cuisine experts and chefs from 20 countries and territories worldwide will take part in the 2015 International Good Dishes and Culinary Festival from December 3rd to 6th at 23-9 Park in District 1, Ho Chi Minh City. The news was released at a press conference co-organized by the Ho Chi Minh municipal People's Committee and the city's Department of Tourism on November 24th. During the festival, visitors will enjoy a wide range of activities, including a cooking competition and food decoration, setting up Vietnamese Guinness records on vegetarian dishes and vegetable and fruit carving, and tasting wines. The event is expected to draw the participation of over 300,000 domestic and international guests, and to become a typical cultural event annually held in the city. Translated by Trung Thanh … [Read more...]

Process of overcoming the effects of AO/dioxin in Vietnam to be continued

PANO - The impacts of Agent Orange (AO)/dioxin on the Vietnamese people and environment were once again mentioned at an international scientific seminar held in Hanoi on November 24th. The delegates evaluated the existence, changes and spread of dioxin as well as its harmful effects on the local environment and ecosystem. They also reviewed the health of those exposed to AO/dioxin and proposed solutions for policies dealing with such consequences in Vietnam. The effect of dioxin In his speech, Dr. Tran Duc Phan from Hanoi Medical University stressed that from 1961 to 1972, the figures show that US troops sprayed more than 79 million litres of herbicides, including 46 million litres containing dioxin, over South Vietnam. The consequences of such substances on Vietnam’s environment and its people have been huge so far. In fact, almost all of the nearly three million victims of AO/dioxin are Vietnamese. At the seminar Moreover, the biggest concern is that such a toxin could … [Read more...]

Phu Yen’s national defence and military tasks checked

PANO - A defence delegation, headed by Sen. Lt. Gen. Pham Xuan Hung, Deputy Chief of the General Staff of the Vietnam People's Army (VPA), inspected national defence and military tasks in Phu Yen province on November 23rd and 24th. Sen. Lt. Gen. Pham Xuan Hung (C) addressing the working session Accordingly, the mission acknowledged that the provincial agencies at all levels have implemented defence and military missions in line with the Party's guidelines, the State's laws and the ministry's instructions during 2014 and the first ten months of 2015. The provincial authorities enhanced information dissemination and training to raise their troops' knowledge on national defence and military tasks. In addition, they developed the socio-economy in combination with reinforcing national defence and security, contributing to building firm people’s defence and people’s security postures. The delegation also mentioned shortcomings and asked the provincial agencies to overcome … [Read more...]

Hanoi Run for Children 2015 announced

Participants at the event last year PANO – The Hanoi Run for Children 2015 will get underway at the Thong Nhat Park, Hanoi on December 6th, announced the organizing panel at a press conference on November 24th. It is expected to draw thousands of people, with the aim to raise funds for children with cancer and congenital heart diseases, and to enhance the community's responsibility for and awareness of providing healthcare to people in Vietnam. Accordingly, all profits from activities under the run’s framework will be sent to the National Hospital of Pediatrics, Hanoi Heart Hospital, and the Heart Beat Vietnam program to provide cancer treatment and heart surgery for sick children. This is an annual event jointly organized by the Canadian Embassy to Vietnam, the Vietnam-Canada Friendship Association, the Hanoi Union of Friendship Organizations, the Manulife Vietnam Group and the Sofitel Legend Metropole Hanoi Hotel. Translated by Pham Huy … [Read more...]

Durability of weapons and military equipment discussed

Photo for illustration. Source: PANO – Measures to ensure tropical durability for weapons and military equipment made by Russia were discussed at a seminar at the Vietnam-Russia Tropical Centre in Hanoi on November 24th. Deputy Defence Minister Senior Lieutenant General Truong Quang Khanh, Head of the Vietnamese sub-committee of the Vietnam-Russia Intergovernmental Committee for Military Technical Cooperation, and Russian Deputy Director of the Federal Service for Military Technical Cooperation Drozhzhov Vladimir Nikolayevich co-chaired the event. The participating delegates focused on technical work in combination with the exploitation of Russian weapons and military equipment used by the Vietnam People’s Army, as well as their endurance in the country’s weather conditions. The workshop offered a good chance for the two sides to exchange information and find ways to improve the quality of weapons and military equipment to meet the training and combat … [Read more...]

Da Nang airport welcomes six millionth passenger

PANO – Da Nang International Airport held a ceremony on November 24th to welcome the six millionth passenger to arrive at the airport. The lucky passenger was Deputy General Director of Truong Hai Auto Corporation Pham Van Tai, who was presented with a pair of business class return tickets on any Vietnam Airlines flight in Asia. Photo: In addition, the 5,999,999th and 6,000,001st air travelers were presented with a pair of business class return tickets with Vietnam Airlines on domestic flights. The event marked the point where the airport has reached its full design capacity of six million passengers per year. This year, the airport aims to welcome 6.7 million people, an increase of 34 per cent against the previous year. The airport will be upgraded to receive 10 million passengers a year by 2020, and 14 million by 2030. Translated by Pham Huy … [Read more...]

14th national singing contest for students to be launched

PANO - The 14th National Singing Contest for Students will be held for students from 18-28 years old in the three regions of Vietnam, as announced at a press briefing by the Ministry of Education and Training (MoET); the Ministry of Culture, Sports and Tourism; and the Ho Chi Minh Communist Youth Union on November 24th in Hanoi. A performance at the final of the 13th National Singing Contest for Students in 2014 Accordingly, the Northern region's qualifying round will be organized at the Hanoi University of Construction from November 24th to 29th, while the Central region's qualifying round will be held from December 1st to 5th at Da Nang University. Finally the Southern region's round will be held from December 9th to 14th at the Ho Chi Minh College of Culture, Arts and Tourism. Speaking at the press briefing, Head of MoET's Department of Students Affairs Ngu Duy Anh held that the biennial contest aims to create a useful playing ground, improve aesthetic education and encourage … [Read more...]

Sri Lanka willing to share experience with Vietnam in UXO clearance

PANO – Sri Lanka had experienced wars and suffered from post-war unexploded ordnance (UXO). However, it took the country only five years to deal with the issue. Thus, Sri Lanka is willing to share experience with Vietnam in UXO clearance. >> Sri Lanka welcomes Vietnamese military trainees Lieutenant General Vo Van Tuan receiving Brigadier General Gunasekara This was underlined by Brigadier General Gunasekara, Rector of the Southern Campus of the General Sir John Kotelawala Defence University (KDU), at a meeting with Lieutenant General Vo Van Tuan, Deputy Chief of the General Staff of the Vietnam People’s Army in Hanoi on November 24th. The reception for the KDU mission also saw the participation of Sri Lankan Ambassador to Vietnam Ms. H.U.Pissanayake. Lieutenant General Vo Van Tuan highly valued the delegation’s visit to Vietnam, appreciated the support of Sri Lanka during Vietnam’s national resistance wars against foreign invaders, and hoped that … [Read more...]

“Power Up” art show to delve into climate change

Kieu Giang The event, hosted by Center of Hands-on Actions and Networking for Growth and Environment (CHANGE) and Vietnam, a youth-led climate change movement in the country, is among the highlighted events to mark the upcoming Paris Climate Conference 2015 (COP21) at the end of this month. The art night is also among hundreds of events of the Global Climate March in over 100 countries on November 28-29 to ask world’s leaders to take urgent actions to solve the global climate crisis. Participants will have the opportunity to learn how to minimize the use of coal, and highlight the importance of renewable energy, as well as to enjoy free portrait drawings, flashmob and fun quiz. On the main stage will be dance, drama and singing performances by 20 artists who are ambassadors and supporters of Vietnam, including Thanh Bui, Ha Okio, Pham Anh Khoa & PAK Band, Thao Trang, Mai Khoi, Uyen Linh, Hoang Quyen, Vu Cat Tuong, Tien Tien, rapper Tien Dat, DJ Duc Thien … [Read more...]