Actively Increasing Attractiveness of Investment Environment

Along with the positive achievements in economic development, the 18 year development journey of Binh Phuoc province has witnessed newfound maturity and breakthroughs in investment attraction. Not chasing after figures or attracting investment at any cost, Binh Phuoc carefully selects proper investment projects. According to Director of Planning and Investment Department of Binh Phuoc Vu Thanh Nam, although many businesses have come to seek investment opportunities in Binh Phuoc, the province has given priority to investment projects which cause less pollution, use high technology, consume less power and hire employees with qualifications found in the province. Can you introduce some outstanding achievements that Binh Phuoc has achieved in attracting investment, particularly FDI, until now? Eighteen years after the re-establishment of the province, thanks to available advantages and potential, investment attraction of Binh Phuoc has achieved certain results. At the time of … [Read more...]

Sudden cold spell in southern Vietnam triggers rise in respiratory problems

A cold front is hitting southern Vietnam, having caused a sharp temperature drop in the past few days and led to a rise in respiratory problems among residents. >> Tropical snowfall causes congestion in Sa Pa (photos) Affected by the cold spell, the temperatures in many southern localities have suddenly plummeted during the last several days, according to the Southern Hydro-Meteorological Station. Residents in Ho Chi Minh City trembled on Thursday as it was 18 degrees Celsius, five degrees lower than a day before, too cold for a tropical city with over 30°C being its ‘standard’ temperature. It was even colder in Phuoc Long and Dong Phu Districts in the southern province of Binh Phuoc, where the lowest temperature was 16-16.5°C. Meanwhile, many other localities saw their temperatures drop to under 20°C, such as Long An Province’s Moc Hoa District (18.6°C), Dong Thap Province’s Cao Lanh City (18.8°C), and Tien Giang … [Read more...]

Vietnam Rubber: Increasing Added Value, Boosting Exports

The Vietnamese rubber industry has a glorious tradition and a long-standing history tied to the cause of fighting for, protecting and building the country. That tradition was created and nurtured by the energy, sweat, life and wisdom of thousands of people across generations. On the 85th founding anniversary of the Vietnam rubber industry (October 28, 1929 - 2014) and the 10th anniversary of the Vietnam Rubber Association (November 2004 - 2014), Vietnam Business Forum interviewed Mr Tran Ngoc Thuan, Chairman of the Vietnam Rubber Association, on this issue. Nguyen Mai reports. Could you please tell us about the remarkable milestones in the 85-year history of the Vietnamese rubber industry? The establishment of the first cell of Indochinese Communist Party at Village 3 of Phu Rieng Rubber Plantation in Thuan Loi commune (present-day Thuan Phu commune, Dong Phu district, Binh Phuoc province) on October 28, 1929 was the premise for the formation of the traditional day of the Vietnamese … [Read more...]

Vietnam seeking money for costly plan to bring separated gayals home

Around 20 wild gayals divided into two herds are 'locked' in the forests of the southern province of Binh Phuoc and unable to return 'home' to neighboring Dong Nai Province because the forest area in between the provinces has been chopped down for the planting of rubber trees. Previously, the forests of the two provinces were contiguous to each other on the land and only separated by the Dong Nai River starting from the Central Highlands and flowing through to sea mouths in Ho Chi Minh City. In the past the wild animals often crossed the river to find new grass plots in different seasons but they are now separated into different herds after being 'blocked' by deforestation. Plan to 'reunite' gayal couples in Dong Nai Forest management authorities from both provinces have admitted that the Ma Da forest in Dong Nai are now more suitable for the wild animals than those in Binh Phuoc. The Ma Da forest is part of Dong Nai Sanctuary. So, a costly plan has been set up to rescue … [Read more...]

Cocoa shortage provides opportunity for farmers

BINH PHUOC (VNS) — The global supply of cocoa will not keep up with demand for the next five to 10 years, which could result in a bright future for Viet Nam's cocoa industry, delegates told a forum held in Binh Phuoc Province on Thursday. "Demand for chocolate is surging worldwide, particularly in Asia," said Nguyen Vinh Thanh, cocoa sourcing manager for Cargill Viet Nam. Besides traditional markets like the US and Europe, the demand for cocoa from China, India and Indonesia has increased recently, he said. However, production cannot keep up with demand since many major producing countries, including Ivory Coast, Ghana and Indonesia, have aging trees that are producing fewer beans. The market imbalance has driven up prices, Thanh said, adding that the prices could rise much higher than current levels. Nguyen Van Thiet, UTZ Certified representative in Viet Nam, said in the past five years, cocoa prices, like many other farm produce, had fluctuated but … [Read more...]

Cashew needs new answers

by Xuan Huong BINH PHUOC (VNS)— The cashew industry has achieved impressive growth in recent years, with increasing exports, but a fall in the area under cultivation and other problems threaten its continued development. To develop in a sustainable manner the industry requires appropriate development strategies, according to the Department of Crop Production. Speaking at a forum on sustainable cashew development in Binh Phuoc Province last Thursday, Nguyen Nhu Hien, deputy head of the department, said Viet Nam had been one of the world's largest cashew exporters since 2006. Exports were worth US$1.65 billion last year, the fourth largest agricultural export after rice, coffee, and rubber, he said. But the industry now faced challenges, he said. "Area under cashew shrank by 129,900ha in the last seven years to 310,000ha last year," he said, adding that "output dropped by 27,400 tonnes in the period." Domestic production only met 30 per cent of … [Read more...]

Children sick due to hot spell in southern Vietnam

As a heatwave is raging in Vietnam's southern region with temperatures up to 39 degrees Celsius, many children have fallen ill and been hospitalized for treatment, according to a Ho Chi Minh City hospital. >> Temp in South may soar up to 43°C The number of children admitted to Children's Hospital No. 1 in HCMC's District 10 for treatment has begun to increase as the heatwave covers the region, said Dr. Pham Van Hoang, deputy head of the hospital's Examination Department. The hospital has examined about 7,000 children per day over the past few days, compared to the usual 6,000 kids per day, he said. Respiratory diseases, diarrhea, and hand-foot-mouth disease in children have increased the most during the past several days, Dr. Hoang said. If the hot weather continues, the number of sick children will increase sharply in coming days, he warned.Tuoi Tre reporters saw the examination areas at the hospital crowded with children and their parents on Monday, many of whom had to … [Read more...]

Vietnamese businesses suffer from state inspections

VietNamNet Bridge - While businesses have to brace themselves up to overcome difficulties in the prolonged economic crisis, they are "harassed" by inspectors coming from various state agencies. Binh Phuoc Livestock JSC, one of the businesses that suffer from being inspected so many times. Inspection activities of state management bodies over enterprises are regarded as one of the criteria for assessing the quality of economic management to promote enterprise development. However, in many cases, inspection is unnecessary and considered "harassment". Inspectors try to find faults The Australian-invested Sunshine Food Vietnam Co. is considering filing an appeal to the Ministry of Finance against the sanction imposed by the HCM City Tax Department's inspectors. According to this company, in November 2012, tax inspectors inspected this company and decided to collect arrears of over VND500 million ($25,000) (corporate income tax in 2007 and 2008 and VAT in 2007 … [Read more...]

Temp in South may soar up to 43°C

As a heatwave is covering southern Vietnam, the highest temperatures in the region is forecast to rise up to 43 degrees Celsius in coming days, while the weather in the northern region remains cold, the Southern Hydro-meteorological Station said on Friday. On March 11 and 12, the temperature in Dong Phu District, Binh Phuoc Province increased to 38 degrees, while it was lower, at 37 degrees, in Tay Ninh Province and Long Khanh Town in Dong Nai Province. In Ho Chi Minh City, the highest daily temperature during the two days was also about 37 degrees. At 10 am this morning, March 15, the city saw a hot at 31 degreees and the temperature will dorecase to increase to 37 degrees at 2 pm the same day. The ongoing heatwave, the first in this year's dry season in the southern region, is now slowing down a bit because of the impact of a cold front that is moving south from north. However, the region will face the scorching weather again in two days, with the highest temperatures to amount to … [Read more...]

Twenty injured when bus rolls over

BINH PHUOC (VNS)— Twenty passengers were hospitalised on Monday afternoon after a bus overturned in southern Binh Phuoc Province's Dong Phu District. Eight victims were still being treated yesterday, police said. The 29-seat bus, driven by Do Van Hung, 33, of central Quang Nam Province, was heading to HCM City from the Central Highlands province of Dak Nong. Witnesses said the bus was being driven at high speed just before the accident, causing concern among the passengers, police reported. The bus had overturned after the driver allegedly braked sharply, police report. The case is still under investigation. — VNS … [Read more...]

Tien Giang declares H5N1 bird flu epidemic

The southern Tien Giang Province People's Committee on Wednesday declared an epidemic of the H5N1 avian flu in two communes, where the disease spread widely with most of the 557 affected ducks having died. The declaration was issued by deputy chairwoman of the Committee, Tran Thi Kim Mai, who asked the local Veterinary Sub-Department and other concerned agencies to take measures to control and drive back the epidemic in accordance with the Ordinance on Veterinary. All concerned agencies are required to tighten control over poultry-related activities and absolutely ban transporting of poultry into or out of epidemic areas, the authorities said. According to a report of the Sub-Department of Veterinary, the epidemic broke out from October 31 to November 4 at four households that raise a total of over 900 ducks in Tan Phu and Tan Thoi communes in Tan Phu Dong District. All the above ducks have been destroyed in conformity with current regulations. In related news, a herd of ducks … [Read more...]

Ensuring sustainable development for cashew industry

(VEN) - The cashew market has become increasingly active towards the end of the year. In the first nine months of this year, the cashew industry exported 212,000 tonnes of cashew nuts and reached export turnover of about US$1.35 billion.Cashew processingVietnam Cashew Association (Vinacas) Chairman Nguyen Duc Thanh said that export turnover of the cashew industry in 2013 is expected to reach US$1.8 billion. Resolving material source shortage Vinacas set out targets for total export turnover in the 2013-2015 period of over US$4 billion and the proportion of cashew nuts with high added value content of 5-7 percent. Nguyen Duc Thanh said that businesses in the cashew industry have paid special attention material sources. In fact, export cashew volume in the third quarter of this year reached over 20,000 tonnes. However, due to the lack of material sources, export volume has declined in the remaining months of this year. Nguyen Duc Thanh also predicted that cashew exports in 2013 would … [Read more...]

BUSINESS IN BRIEF 24/10

US$9 billion oil refinery project under constructionConstruction of Nghi Son Refinery and Petrochemical Complex started in Nghi Son Economic Zone in Thanh Hoa province on October 23.At the ground-breaking ceremony, Prime Minister Nguyen Tan Dung said the Nghi Son complex is of great significance to ensuring national energy security in the implementation of the socio-economic development strategy.Built on 400 hectares at an estimated cost of US$9 billion, it has a design capacity of 10 million tonnes per year (200,000 barrels per day).Once completed, the project together with the Dung Quat Oil Refinery will meet two-thirds of total requirements for oil refinery products in the national industrialisation and modernisation process.The modern oil refinery complex also includes a 2,400MW thermal power, a cement plant to produce 9.3 million tonnes per year, and a transport system to link deep-water ports. It plays an important role in promoting investment in Nghi Son EZ and surrounding … [Read more...]

Red tape holds back investment in Binh Phuoc

Minh Hung-South Korea Industrial Park.— File Photo HCM CITY (Biz Hub)— The southern province of Binh Phuoc has promised to focus on streamlining administrative procedures and improving infrastructure to make it easier for investors who have been complaining about them. C&N Vina Co Ltd, which built the Minh Hung-South Korea Industrial Park, for instance, said it encountered problems like poor infrastructure and tortuous procedures. It took two years to wrap up administrative procedures for building a dormitory for workers, it said. Minh Hung 3 Industrial Park's developers said the procedures for getting approval to increase capital and clearing land took too much time, affecting the progress of work. In response, the provincial Department of Planning and Investment has called on the People's Committee to reform administrative procedures and generally improve the investment climate. Vu Thanh Nam, the department's director, also said relevant agencies have been instructed to list all … [Read more...]

Police hunt gaur hunters in Vietnam’s central highlands

Police in Vietnam's Central Highlands province of Dak Nong are looking for at least six members of a gang of poachers who had shot dead a rare gaur in a local nature reserve. A file photo of a gaur in a Vietnamese Central Highlands forest Ly Van Duc, 50, and Chiu A Loc, 42, were caught near the Nam Nung Reserve Monday with 18 kilograms of skin, bones, meat and internal organs of the animal, news website Dan Tri reported Wednesday. Based on the animal's head left in the reserve, police said the gaur must have weighed around 200 kilograms. They seized a handmade hunting gun, more than 100 bullets, and 46 handmade detonators. Duc and Loc told the police they were hunting with six other people. The Gaur (Bos gaurus) is listed as an endangered species in Vietnam. Hunting and use of the gaur for commercial purposes is banned. RELATED CONTENT Rare gaur found dead in southern VietnamWild gaur found grazing with cows, believed to have produced crossbreeds Last month, a gaur weighing … [Read more...]

Livestock firm accuses environmental policy of power abuse

VietNamNet Bridge - The Ministry of Public Security has asked the police of Binh Phuoc province to urgently report about the case in which the Binh Phuoc Livestock Company accused the environmental crime prevention police agency (PC49) of abusing power, raising difficulties, causing heavy losses for the firm.        According to records, on January 15, 2013, the Binh Phuoc Livestock Company, based in Tan Lap Commune, Dong Phu District, Binh Phuoc province, was inspected by PC49. The firm was found to violate the rules on wastewater treatment and discharge. In late February, PC49 proposed Binh Phuoc province to fine the firm totaling VND225 million ($11,000). However, due to controversy over the case, the local government has yet to issue the sanction decision.Since then PC49 constantly summoned board members, shareholders and even the partner of the company - the CP Vietnam Livestock JSC (Thailand). PC49 also sent its staff to the head office of the company and its partner and to the … [Read more...]

Vietnamese students conned at casinos in Cambodia

Lured into gambling across the border where they are forced into debt, many Vietnamese students then drop out of school and make their friends the newest victims The Las Vegas Sun casino in Cambodia, not far from the border with Vietnam. Many students in Binh Duong and Binh Phuoc provinces to the northwest of Ho Chi Minh City have been lured to Cambodian casinos, including the Las Vegas Sun, where they were forced into debt and held for ransom. PHOTO: DO TRUONG  Students from the southern provinces of Binh Duong and Binh Phuoc have been cheated into debt at Cambodian casinos, and some have even been held for ransom, according to local police. Nguyen Thanh Khiem, vice chief police of Ben Cat District in Binh Duong, said his agency have detected many suspected brokers. "The problem is that many of them who have been cheated by similar scams have now turned to lure their friends into the casino cons," he said. Local media have reported on Vietnamese youngsters being tricked at … [Read more...]

GOVERNMENT IN BRIEF 15/4

Worship of Hung Kings 'source of strength for all Vietnamese' The worship of the Hung Kings, the founders of the Vietnamese nation, generates a source of strength for their offspring to overcome any difficulties and challenges in nation-building, President Truong Tan Sang said at a ceremony in the northern province of Phu Tho on Saturday. According to Vietnamese legend, the 18 Hung King dynasties ruled during the first period of Vietnamese history, from 2879-258 BC.   The worshipping rituals of the Hung King was performed at the ceremony in the northern province of Phu Tho. The worship will help Vietnamese generations to overcome difficulties and challenges.  The worshipping rituals are closely related to the ancestor worshipping tradition of most Vietnamese families, which forms an important part of people's spiritual lives.The ceremony, which coincided with the opening of the Hung Kings Temple Festival, marked the ritual's recent recognition as a UNESCO Intangible Cultural Heritage … [Read more...]

Scarce food forces gaurs to plunder

VietNamNet Bridge - Illegal poaching and shrinking habitat are forcing endangered Gaurs to encroach on farmland in southern Dong Nai Province, causing conflict with local farmers.  Gaurs in Cat Tien Nation Park in central Dong Nai Province. Gaurs living near Dong Nai Biosphere Reserve are becoming endangered due to bitter conflicts with local people in southern Dong Nai Province. — Photo Countersy of www.vov.vnA recent survey of the Dong Nai Biosphere Reserve showed that the reduction of natural forest by over a third in seven years had reduced food for the gaurs and driven them out on to farmland.The area of natural forest in southern Binh Phuoc Province's Dong Phu District, which is home to the gaurs near the reserve, reduced from 5,000 hectares to 3,000 hectares between 2005 and 2012, said Tran Van Mui, director of the reserve. Mui said around 130 male, female and baby gaurs currently live together as herds in the reserve. The area of the natural forest was converted into land … [Read more...]

Rare wild bulls in need of protection

Bulls in forests of Binh Phuoc Province are being threatened due to increased poaching and deforestation. Bulls are listed in Vietnam's book of endangered species Forest rangers in Dong Phu District said they have been recording more cases of illegal hunting of bulls in recent years. At least one bull was shot in 2010. Another was found being trapped in November, 2011, along with another trapping case in May 2012. Local forest rangers face obstacles in monitoring the forest because most of the land has been allocated to organisations or individuals for management. Nguyen Hoang Hao, an official from the Dong Nai Cultural and Natural Biosphere Reserve, said, "These bulls are a rare and precious species in Vietnam. They are listed in the country's book of endangered species. It's necessary to set up a protected zone where these animals will be in a safe habitat and protected from poachers." Local forest rangers in Dong Phu said the natural forest habitat of the bulls has also been … [Read more...]