Honouring 100 Exemplary Entrepreneurs with Thanh Giong Cup

Remarking on the roles of entrepreneurs and the business community in Vietnam, VCCI President Vu Tien Loc said entrepreneurs themselves have played an important role in leading Vietnam from a weak and backward economy to a middle-income one.

A solemn ceremony to celebrate the Vietnam Entrepreneurs' Day 2013 took place at the Hanoi Cultural Palace today (October 11, 2013). The ceremony also honoured and awarded Thanh Giong Cup to 100 exemplary entrepreneurs who had excellent achievements in production and business activities, made significant contributions to the State Budget, actively took part in social activities, and created much employment in 2010 - 2012. Attending the ceremony were Deputy Prime Minister Vu Van Ninh, leaders of central and local organs, and nearly 1,000 businesspeople. Delivering a speech to the ceremony, Deputy Prime Minister Vu Van Ninh said the economy is recovering at an unsteady pace and this is posing both challenges and great opportunities to entrepreneurs and enterprises in the country. However, he believed that Vietnamese businesses and businesspeople, with their dynamism, creativity and bravery, will make strong development. Remarking on the roles of entrepreneurs and the business … [Read more...]

Hot to trot

Though she’s never competed in an international beauty contest, 21-year-old model Huynh Thi Thanh Tuyen is confident she’ll do well at the 36th Miss Bikini International competition in China next month. Vietnam’s first Miss Bikini International contestant says she’s ready to win. “The judges will not be disappointed by the first representative from Vietnam,” she said. But Tuyen harbors no illusions about what the contest is all about. “I’ve never thought that I’m going to the contest for cultural exchange,” Tuyen said. “I’m coming to show myself off.” Tuyen said though the contest would be full of beautiful models, she believes that if she prepares thoroughly and does her best, she’ll win. While spending a lot of time choosing the right bikinis for the event, she’s also been designing her own shawl to wear. Though there is no traditional Vietnamese shawl, she’s decided to infuse hers with traditional Vietnamese emblems. “The … [Read more...]

Fashion show honors Vietnamese ao dai

A fashion night featuring the changes of Vietnamese ao dai over time will be organized in Ho Chi Minh City on August 26. Model Nguyen Thi May and Nhu Thao in Dinh Van Tho's designs Photo: VNE Titled "Time of memories", the show will showcase designer Dinh Van Tho's four latest collections including " Hoai Niem Mot Thoi (Nostalgia)", "Ngau Hung Sai Gon (Spontaneous Saigon)", "Ngoc Vien Dong (Orient Pearl)" and "Giot Suong (The dew)". Through his designs, Tho wants to raise people's awareness of the national costume as well as the traditional values. The show will be directed by Long Kan who says that he wants to make the show a magical door to bring audiences back to the past and see the changes of the traditional costume. The event will see catwalk performances of local top models like Hoang Yen, Truong Thi May, Nhu Thao, Ngoc Thach and Ngoc Quyen along with music performed by local singers. The show will take place at ABC Ao Dai showroom in 387 Hai Ba Trung Street in District … [Read more...]

Fourth-placed Vietnamese Supermodel 2009 to compete abroad

The fourth-placed contestant at the Vietnamese Supermodel 2009, Nguyen Thai Ha, will represent Vietnam at the Miss Tourism Queen International 2009 pageant at the city of Zhengzhou, China, from August 8 to 30. Nguyen Thai Ha (Photo: Courtesy of Venus Fashion)Nguyen Thai Ha, 22, is 1.76 meters tall and possesses a 90-61-93 body. Ha was trained as a professional dancer but later chose the catwalk. She has pocketed some local awards, including second runner-up at Miss Hanoi 2005 and Miss Stylish at the Vietnamese Supermodel 2009. The evening dress designer Hoang Hai and Ao Dai ABC are responsible for making costumes for Ha at the contest. Ha said that she is excited by being chosen by the EVE Group and Venus Fashion, who organize the fete in Vietnam. She will perform a dance, which is her forte, at the talent event. The organizers have begun public voting for International Miss Popularity, a secondary prize, on their website: http://www.misstqi.com/vote.phpMiss Tourism Queen … [Read more...]

Student wins Cherry Blossom Beauty Pageant

Tran Thi Thuy Duong, 20, won the Cherry Blossom Beauty Pageant at the Hoa Binh Theatre on June 27 and along with it a cash prize of VND70 million (US$3,880). L-R: Miss Sportswear Hoang Thi Ngoc Han, Miss Evening Dress Tran Thi Thinh, runner up Duong Thi My Duyen, Cherry Blossom Beauty 2009 Tran Thi Thuy Duong, runner up Pham Thanh Tam, Miss Humanity Duong Kim Le Bao Tran, Miss Ao dai, and Most favorite contestant Tran Thi Ngoc Anh (Photo: An Dung)For the next year, the student of the Vietnam Australia Advanced College of Hotel Management will also be an ambassador for one of the organizers, Japan's Hisamitsu Company, in Vietnam.The two runners-up were 18-year-old Duong Thi My Duyen of Tien Giang Province and Hanoi singer Pham Thanh Tam. Each received VND35 million ($1,940).Tran Thi Ngoc Anh won the "Miss Ao dai" and "Most favorite contestant" voted by audiences via telephone. She received 5,108 votes in the latter contest.Hoang Thi Ngoc Han was named "Miss Sportswear", Duong Kim Le … [Read more...]

Preparations for Miss Universe contestant nearly complete

Cong Tri measures Vo Hoang Yen to begin designing her costumes for the 2009 Miss Universe pageant. (Photo: Courtesy of Uni Corp)

The Vietnamese designer Nguyen Cong Tri and ABC Ao Dai will take care of costumes for the Vietnamese contestant, Vo Hoang Yen, at the 2009 Miss Universe pageant over August 1-23. Designer Cong Tri will prepare 12 dresses for Yen for some selected events, while ABC will complete the ao dai for the traditional costume event. Discussing the dresses, Tri said: "Yen possess a good body and white skin, and all my designs for her at the pageant will probably make her more charming among the other contestants. "The highlights will be two evening dresses for the final night with my best design and best materials." Meanwhile, Dinh Van Tho, a spokesperson for ABC, said: "We will keep all the traditional beautiful designs on the ao dai for Yen, but we will also add some modern patterns and use new materials to make it fit modern fashion." All the designs will be finished before July 20 and Yen will introduce all of these to the local audiences via the media. Duc Tri is one of the most … [Read more...]

Modern lighting marks advancement and celebration for Hanoi

Many central locations in Hanoi will be decorated with lights, trees, flowers and banners to celebrate the 1000th anniversary of the city this October. VND 42 billion (2.2 million USD) has been invested into the lighting system alone. Magnificent lights reflect off Hoan Kiem Lake. The decorative lighting project in preparation for the big ceremony has been tested since Tet in February, which includes many architectually famous buildings, green trees, frame patterns, slogans, fountain lights, all lit with the most advanced lighting systems such as LED, automatically changing lights, and an underground lighting system. Lights have been placed in 15 locations around Hoan Kiem Lake, 4 around West Lake, 6 around the Ho Chi Minh Mausoleum and Ba Dinh Square, Thien Quang Lake, National Convention Centre, and 22 main routes, have been installed and operated frequently every weekend from now until the big anniversary. During the Tet holidays, an amount of VND 18.5 billion (965,000 USD) was … [Read more...]

Real Estate Market: Opportunities for Recovery

Experts said the realty market will recover in the second quarter of this year due to the big housing demand. On the other hands, thanks to the economic rebound of Vietnam and the world, accommodation demand has been rising. Land fever In the coming time, the realty market will see a land fever because of the current abundant apartment demand. In Hanoi, a range of housing, apartment and public work complexes in Cau Giay and Tu Liem districts have received in-principle approval from the municipal People's Committee for investment. When social house projects are implemented, apartment demand will continue falling. Recently, Hanoi has agreed in principle the local Department of Planning and Investment's proposal to build a 1.13-ha low-rise project at Dai Mo commune, Tu Liem district. The city has also okayed Urban Infrastructure Development Investment Corporation (UDIC)'s a social house project for state employees. Low-priced accomodation attracts customers This year, low-priced … [Read more...]

VNPT and UDIC join hands

A cooperation agreement was signed by the Vietnam Post and Telecommunications Group (VNPT) and the Urban Infrastructure Development Investment Corporation (UDIC) on December 3rd. Under the agreement, VNPT will be responsible for building an infrastructure network and providing information, and postal and telecommunication services to UDIC's buildings, infrastructure projects and urban and industrial zones. In addition, the two sides will assist each other in goods consumption, as well as in seeking investment and cooperation opportunities, developing their trade names in both domestic and foreign markets. Source: HNM Translated by Vu Hung … [Read more...]

Historic flooding leaves 49 dead or missing

Non-stop heavy rains since October 30 have left 49 dead and missing in northern and central provinces. Hanoi and Ha Tinh province were hardest hit each reporting 17 people dead or missing, while the provinces of Hoa Binh, Bac Giang, Ninh Binh, Vinh Phuc, Nghe An, Thai Nguyen, Quang Binh and Phu Tho lost one to two persons each. In Hanoi, nearly 13,000 houses were flooded, and more than 50,627 ha of summer crops were completely destroyed and 9,000 ha aquaculture operations were submerged. Heavy rains also flooded several power transformer stations including Ba La, Dong Bong, Cau Dien, and Me Tri, cutting power to many areas in the city. Total material losses were estimated at VND3,000 billion. The flooding also submerged many houses and ten of thousand of hectares of subsidiary crops in the provinces of Vinh Phuc, Phu Tho, Thai Nguyen, Bac Ninh, Hai Duong, Hung Yen, Nam Dinh, Thai Binh, Ninh Binh, Thanh Hoa, Nghe An, Ha Tinh and Quang Binh. Municipal and provincial rescue missions have … [Read more...]

The UDIC targets to buit 170,000 s.q.m of housing area

Hanoi Times -The Urban Infrastructure Development Investment Corporation (UDIC) set the goal to build 170,000 square meter of housing area in 2008, striving to reach the total output value of VND 3,560 billion and revenue of VND 3,670 billion, up 15% against 2007.The UDIC will also speed up the project tempo o­n new urban development investment of Yen Hoa, Ha Dinh, Nam Thang Long, Bac Co Nhue-Chem and Hoang Van Thu.Last year, the UDIC built 165,000 square meter of floor area, reaching over VND 3,100 billion of total output value and handed in VND 321 billion to the State Budget. … [Read more...]

Masterplan on Hoang Van Thu Urban Quarter announced

Hanoi Times - The Hanoi Department of Planning and Architecture together with the Urban Infrastructure Development Investment Corporation (UDIC) announced the detailed planning scheme of Hoang Van Thu Urban Quarter.The 28-ha urban quarter, located in the wards of Hoang Van Thu, Thinh Liet and Yen So (Hoang Mai District), will be the residence of 4,000 people.High-rise buildings are arranged from the North to the South, gradually lowering to the East and the Yen So Park to ensure spatial harmonity with the surroundings. Garden houses in combination with green areas will be located to the eastern park of the quarter. … [Read more...]

Two contractors banned from road projects

Le Anh The Ministry of Transport in a decision issued on July 24 banned Consulting and Construction Ltd., Co. 747 and Design Consultant Enterprise, an arm of Investment Construction Joint Stock Company No.10 under the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO). The two consultants are found by the ministry to have violated regulations in supervising the project's quality and progress and failed to perform their contracts duly. Apart from these two contractors, over then other units relating to the construction of the road have also had their works reviewed to guarantee the project's quality. Previously, the transport ministry made a snap inspection into the project, invested by the Hau Giang Province's Department of Transport, and identified many violations by contractors. … [Read more...]

Equitisation gains momentum

HA NOI (VNS) — The Ministry of Construction will complete equitisation of all its enterprises next year. Prime Minister Nguyen Tan Dung had accepted plans offered in a joint proposal from the ministry and the Ministry of Finance. Accordingly, Dung required the construction ministry to submit equitisation plans for the Viet Nam Machinery Erection Corporation and the Construction Machinery Corporation by the end of the year. He also agreed to equitise the Da River Corporation and the Housing and Urban Development Corporation by the end of next year. The three corporations together with the Urban and Industrial Zone Development Investment Corporation will be responsible for equitising their subsidiaries and their parent companies. The PM has also asked the construction ministry to advise its State-owned enterprises to accelerate equitisation plans. The ministry manages 16 corporations. Last year, it was instructed to equitise five corporations. Minister of Construction Trinh Dinh … [Read more...]

City opens two new steel flyovers for traffic

Two steel flyovers at the intersections of Ba Thang Hai-Nguyen Tri Phuong-Ly Thai To Streets in District 10, and Hoang Hoa Tham-Cong Hoa Streets in Tan Binh District in Ho Chi Minh City were opened for traffic on August 27. View of Ba Thang Hai-Nguyen Tri Phuong-Ly Thai To flyover from above (Photo: SGGP) The Ba Thang Hai-Nguyen Tri Phuong-Ly Thai To flyover covers a length of 384 meters and width of 9.5 meters, and was built at a cost of VND318.7 billion (US$15 million). The Hoang Hoa Tham-Cong Hoa flyover is 268 meters long and 9.5 meters wide, and was built at a cost of VND247 billion (US$ 11.6 million). The overpasses are expected to open to traffic on September 27, contributing to easing congestion in the City, and the project's contractor, Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO), is trying to complete the structure one month ahead of schedule. Apart from the two flyovers, a steel flyover across Cay Go Roundabout in District 6 will open to … [Read more...]

Housing stimulus set to benefit all

HA NOI (VNS)— The Government's VND30 trillion (US$1.44 billion) bank loan package designed to assist low-income property seekers would not be limited to State-owned enterprises (SoEs), the Ministry of Construction has said as it moves to dispel doubts the loans would not reach the private sector. Do Duc Duy, head of the ministry's secretariat, said out of 30 approved projects, only four were from SoEs. These included the Viet Nam Glass and Ceramics Corporation (Viglacera), Building Materials Corporation No1 (FICO) and Viet Nam Urban and Industrial Zone Development Investment Corporation (IDICO) who would be able access the loans. Miniter of Construction Trinh Dinh Dung said the difficulties of the real estate market, property stock and developing social housing projects were closely related. Dung said if businesses were able to access the loans, they could build new projects or complete those that were half-finished to provide social houses for low- and middle-income earners. He added … [Read more...]

Accelerating social housing construction

(VEN) - The national housing strategy makes clear the government's focus on accelerating social housing construction to meet the needs of disadvantaged groups.Social housing project in southwest Linh Dam, HanoiAccording to the Ministry of Construction's report at the 5th Session of the 13th National Assembly Meeting, demand for social housing is sure to increase in the future. About 1.74 million people in urban areas are faced by housing difficulties, with average housing area per capita of less than 5sq.m; and 1.715 million workers are in need of stable housing by 2015. In order to meet these housing needs, 700,000 apartments must be built by 2015 and 200,000 apartments must be built by 2020. Some localities have huge social housing demands including Hanoi 111,200 apartments, Ho Chi Minh City 134,000 apartments, Da Nang 16,000 apartments, Dong Nai 95,000 apartments, and Binh Duong 104,000 apartments. Meanwhile, staff and officials under 25 ministries in Hanoi also need about 30,000 … [Read more...]

BUSINESS IN BRIEF 18/4

Agro-products to face tough battles aheadOne of the greatest challenges facing Vietnam's agricultural sector is to maintain the competitiveness as the country further integrates into the world economy, heard the Vietnam Agricultural Outlook Conference 2013.Speaking at a conference in Hanoi last week, Do Anh Tuan, director of the Center for Agricultural Policy, said agro-product exports hit a record high of US$27 billion and achieved growth of 3.4% last year. Rice, coffee and furniture generated a turnover of over US$3 billion each, while rubber, tra fish, shrimp, cashew and cassava brought in more than US$1 billion each."In the context of economic woes, agriculture remained a lifebuoy for the economy," said Tuan.Still, Vietnam's agriculture has a lot of problems to deal with. For example, the country's processing capacity has not caught up with the regional level; product quality and food safety are not guaranteed; unstable macroeconomic environment makes production of agribusinesses … [Read more...]

Industrial park builds social housing

HCM CITY (VNS) — Construction on the first social housing project in the southern province of Dong Nai has begun in Nhon Trach Industrial Park. Work on the apartments, parks, private roads and public facilities, started last week, is expected to be completed in eight years. The Viet Nam Urban and Industrial Zone Development Investment Corporation (IDICO) under the Construction Ministry invested VND758 billion (US$36.3 million) in the project. The 100,000sq.m complex will have 27 five-storey buildings with a total of 3,491 apartments for employees at the industrial park. Each apartment, with an area of 30 - 65sq.m, will offer affordable prices. A 36sq.m apartment will sell for about VND180 million ($8,600). Speaking at the groundbreaking ceremony, Construction Minister Trinh Dinh Dung said a large number of workers at industrial parks faced a lack of housing. Two million workers are employed at industrial parks but only 20 per cent of them have housing. IDICO, which manages 17 … [Read more...]

Dong Nai province builds accommodations for workers and poor labourers

Construction on a building for workers in Nhon Trach Industrial Zone in the southern province of Dong Nai has been inaugurated on an area of over 100,000 square metres, which will provide accommodation for some 9,000 workers when completed. The ground-breaking ceremony for the Nhon Trach Industrial Zone workers' housing. Photo: Dantri newspaperThe project is being conducted by theVietnam Urban and Industrial Zone Development Investment Corporation (IDICO) with total capital of VND758 billion. The complex includes houses, public constructions, parks and internal traffic routes, with 3,491 flats providing total floor area of 177,008 square metres. According to Mr. Dinh Quoc Thai, Chairman of the Dong Nai provincial People's Committee, this is the first social housing project in the program to develop social housing for low-income people in the province. This is also a project with modern design, satisfying the demand for accommodations of workers and poor labourers. The project not … [Read more...]