Ban lifted on Australian fruit

Viet Nam is set to resume import of oranges, mandarins and grapes from Australia on August 1, seven months after it stopped buying Australian fruits due to a fruit fly outbreak there. Hoang Trung, deputy head of the Plant Protection Department, said Vietnamese agencies, through inspection trips to Australia, had found that the three fruits met plant quarantine conditions. Another 35 Australian fruits remain in the black list and Viet Nam has yet to make a decision about allowing them in again, he said. Thanh Nien (Young People) Women's Union holds jobs fair The HCM City Women's Union on Wednesday inaugurated the Seventh Women's Job Festival and the 2015 Launching Viet Nam Products Festival at the Le Thi Rieng Cultural Park, District 10. The festivals have attracted nearly 30 companies, who are seeking to hire more than 4,000 workers in various fields and provide vocational training for poor women. The festivals will go on until July 26. Nguoi Lao Dong (Labourer) Local products … [Read more...]

VN students win gold at math Olympiad

Vu Xuan Trung and Nguyen The Hoan from high schools in Ha Noi and Thai Binh Province won gold medals at the International Mathematics Olympiad (IMO) in Chiang Mai, Thailand, yesterday, according to the Ministry of Education and Training. The ministry sent six students to the contest, and all of them have won top prizes. The IMO, a world mathematics competition for high school students, is held in a different country every year. The first IMO was held in 1959 in Romania, with seven countries participating. This year the event attracted countries like Australia, Canada, India, the UK, and the US. Thanh Nien (Young People) H1 trade deficit tops $3b The June trade deficit of US$140 million took Viet Nam's first half deficit to US$3 billion, the General Department of Viet Nam Customs reported on Wednesday (July 15). In the period imports rose 16.7 per cent year-on-year to $80.8 billion. In June exports rose by 4.6 per cent month-on-month to $14.3 billion even as imports edged down to … [Read more...]

Thua Thien-Hue supports ethnic groups

The Thua Thien- Hue Province People's Committee has approved a plan to support housing land, farming land and clean water for poor and near-poor ethnic households in especially difficult villages in 2015. Poor and near-poor ethnic households who have not provided with housing land, farming land and clean water will benefit from the plan. Under the plan, each household will be allotted a minimum of 200sq.m of housing land. Households that cannot access a water supply system will be given VND1.3 million (US$60) each to build a water tank and dig wells. Nhan Dan (The People) Illegal sand mining causes river erosion Eight newly eroded sites along rivers and canals have been identified in HCM City's outlying districts since May, according to the HCM City Inland Waterway Authority. Cu Chi District accounts for four of the eroded sites while Can Gio, Nha Be, Thu Duc and 2 districts each account for one site. Illegal sand mining was the cause of erosion. The city has a total of 45 … [Read more...]

Property sales up in first half

The Housing and Real Estate Market Management Department said there were 14,000 successful housing transactions in the country in the first half of the year. Ha Noi saw some 1,650 transactions in May, up 5 per cent from April, and that rose to 1,750 in June. The capital should thus record around 7,500 transactions in the first half, a 2.5-fold increase from the first half of 2014. In HCM City, there were more than 1,600 transactions in May, nearly 6 per cent higher than in April, and June numbers are estimated at 1,700. Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times) HCM City hosts seminar on treating anemia A seminar on the latest advances in treatment of anaemia due to chronic kidney disease was held recently in HCM City by the HCM City Nephrology Association in co-operation with Hoffmann – La Roche. Doctors pointed out the importance of anaemia management in the early stages of chronic kidney disease and diabetic nephropathy and said anemia should be treated early … [Read more...]

Cooking gas price drops by VND3,500

The Southern Gas Branch has announced that its business members have reduced the retail price of gas by VND3,500 per 12-kilo container from July 1, due to the global gas price dropping by US$12.5 per tonne. The highest retail price of common cooking gas is H-gas, selling for VND268,500; Saigon Petro VND285,000; PetroVietnam Gas VND287,000; Petrolimex VND292,500; and VT-Gas 295,500. Nguoi Lao Dong (Labourer) Bac Giang sells 85 per cent of litchi output Tran Van Loc, director of Bac Giang Province's Department of Industrial and Trade, said the province had sold 159,500 tonnes of litchi, accounting for 85 per cent of the total output. Of the amount, 84,000 tonnes were bought in the domestic market, the remaining was exported, including to markets in China, the US, France, Australia, England, Malaysia, and Laos. Luc Ngan District, the largest litchi area of the province, is still in the harvest season. Its production is estimated to reach 118,500 tonnes. Tin Tuc (News) Mega-project … [Read more...]

New law aims to protect best interests of children: official

Dao Hong Lan, Deputy Minister of Labour, Invalids and Social Affairs explained to the newspaper "Thoi bao Kinh te Viet Nam" (Vietnam Economic Times) the process of revising the Law on Child Protection. * What are the most important points contained in the draft revised law? It is proposed that the name of the law be changed to the Law for Children. It will have five chapters, one more than the current law. A major change in the draft law is the definition of a child as a person under 18, not 16 as defined in the 2014 law. In the 2014 Law on Child Protection, Care and Education, neither the participation rights of a child is comprehensively or specifically covered, nor solutions or measures to ensure their rights are implemented. But the draft law dedicates one chapter on the child's rights and measures to ensure rights are respected and implemented. The chapter is a step to institutionalise the words in the 2013 Constitution: "Children have the right to participate in children's … [Read more...]

Korean firms eye Thanh Hoa investment

Representatives of the Korea Chamber of Commerce and Industry, Korea Trade Centre, and Korean businesses held a meeting with Vietnamese business executives in Thanh Hoa Province on Wednesday. It was aimed at helping businesses from the two countries find partners and explore investment opportunities in the province for Korean businesses. The two sides also signed a memorandum for developing bilateral trade co-operation. DAU TU (VIET NAM INVESTMENT REVIEW) City to reward outstanding young citizens The HCM City Communist Youth Union has announced its annual Young Citizen Award for people with outstanding achievements in the fields of education, technology, arts and culture, military, and social work. People under 30 who work and live in the city are eligible for the awards. Candidates can send their nominations to the union in District 1 by October 9. TUOI TRE (YOUTH) More than 1m people get free healthcare More than 1 million people across the country have received free health … [Read more...]

Authorities adopt an ‘iron fist’ in effort to tackle smuggling

Minister of Public Security Tran Dai Quang talks with Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times) about anti-smuggling activities. In recent years, police, army and customs have been fighting smuggling, trade fraud, and fake products. But results have not been as good as expected. How do you evaluate the situation? Fights against smuggling, trade fraud and fake goods are considered one of the Government's most important tasks. In recent years, they have made some achievements. However, the trade in smuggled and copied goods - especially petrol, coal, cigarettes, sugar, diet supplements and electronic products - is still rampant. Criminals have become more and more artful. They set up big organisations in key regions that are difficult to root out. I believe that to make more progress, the fight should be strengthened with well-trained anti-smuggling forces using high technology equipment. Do you think police have performed their role well? Our priority is to complete … [Read more...]

HCM City to intensify traffic-safety

The HCM City People's Committee has asked departments and agencies to take steps to reduce the number of traffic accidents, fatalities and injuries by the end of this year. The Transport and Police departments will work with district People's Committees to check traffic congestion, repair traffic lights and install more cameras on streets. According to the city's Traffic Safety Board, more than 1,400 traffic accidents occurred in the first five months of 2015. Of that number, 293 died and 1,270 were injured. Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times) Bridge to connect Nha Be and Can Gio A cable-stayed bridge connecting HCM City's outlying districts of Nha Be and Can Gio is planned to be built this August, and completed within 47 months. The construction is part of Ben Luc – Long Thanh expressway project, running through Long An Province, HCM City and Dong Nai Province. It is 2.7 kilometres in length and 21.75 metres wide, and will have four lanes. Total investment … [Read more...]

Ca Mau helps fishermen to build ships

HCM CITY (VNS) — The southernmost province of Ca Mau is simplifying procedures to allow fishermen to access bank loans to build fishing boats. "The Government's Decree No 67 says that financial support will be provided to fishermen to upgrade or make new boats. There will also be policies to assist people in aquaculture," Do Chi Sy, head of the provincial Marine Resource Protection and Exploitation Sub-department, was quoted as saying in the Thoi Bao Kinh Te Viet Nam (Viet Nam Economics Times) newspaper. However, if fishermen want loans, they must provide at least 30 per cent of capital for wooden boats or 10 per cent for steel boats (VND2.5-3 billion or US$120,000- 145,000). "This is a huge amount of money for fishermen. Therefore, the number of those who want to upgrade or make new boats have fallen from 360 people early this year to around 100," Sy said. To support the fishermen, the provincial People's Committee has asked the Steering Committee, in co-operation with … [Read more...]

MOIT, experts disagree on bauxite projects

VietNamNet Bridge - The Ministry of Industry and Trade (MOIT) has said the Tan Rai and Nhan Co bauxite projects are highly efficient, but scientists say they will cause serious consequences. MOIT’s Minister Vu Huy Hoang, in a report to the ongoing National Assembly session, said that the bauxite projects in the Central Highlands were running smoothly as planned. The Tan Rai bauxite project has been reported as gaining the expected socio-economic efficiency and satisfying environmental requirements. Thoi Bao Kinh Te Viet Nam quoted Hoang as reporting that worries about the red mud treatment have been lifted as the environmental indexes are all below the permitted levels. The newspaper also quoted Hoang as saying that the products of the Tan Rai alumina factory are sold as soon as they are produced. There has been no inventory to stock. The majority of the factory’s products have been exported. The investor has signed contracts on selling alumina with 11 clients from … [Read more...]

Road fee hike raises complaints

Transport enterprises oppose the Ministry of Transport's decision to raise fees on the HCM City–Trung Luong Highway by 50 per cent from June 1. Two flyovers on the highway have not been built due to a lack of capital. One flyover would run from provincial road No 10B and another from Tran Dai Nghia road to Tan Tao–Cho Dem. The new fees would be applied from June 1 to August 31, 2018. Fees for cars with less than 12 seats will increase from VND40,000 (US$2) to VND60,000 ($2.5). For 12-seat to 30-seat buses, the fee will rise from VND60,000 ($3) – VND90,000 ($4.5). Fees for trucks over 18 tonnes with 40-feet containers will increase from VND240,000 ($12) to VND360,000 ($18). According to estimates from the Ministry of Transport, the increased fee would bring VND620 billion ($30 million), along with VND325 billion ($15.5 million) from selling fee collection rights to the Yen Khanh Trade–Production–Service Ltd company. That would be enough to pay for … [Read more...]

Vietnam materials industry urged to reduce reliance

Pham Xuan Duong, deputy head of the Party's Central Committee’s Economic Commission, told Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times) why the country spends so much on imports. Q: A lot has been said about the issue that Vietnam depends too much on imported materials for local production. There is no proper answer to the problem. Can you explain the situation? A: Studies indicate that sectors including energy and mechanics already have their own development plans and strategies. For instance the power sector has been able to satisfy the country's demand for local production and consumption, thanks to a resolution made by the Political Bureau and a scheme launched by the government. However, we don't have a specific development strategy for the materials manufacturing sector, but only a general strategy, mainly for the construction materials sector such as cement and steel. This is why we have to import a lot of materials. Our recent survey showed that factories … [Read more...]

Vietnam boosts labour exports

VietNamNet Bridge – Viet Nam aims to send 90,000 guest workers abroad in 2015, deputy director of the Overseas Labour Management Department Tong Hai Nam told Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times). Illustrative image -- File photo Last year was a successful year for Vietnam in sending guest workers abroad. Will you please explain why? In 2014, although the world's economy still faced many difficulties, the number of Vietnamese guest workers working abroad increased in a big way, particularly to Japan and Taiwan. Vietnamese guest workers have improved their skills considerably - and their knowledge of foreign languages and discipline. In addition, the Government has made some adjustments in policies to enable more guest workers go abroad. Due to the prolonged economic crisis, the demand for foreign guest workers in many countries in 2014 was low. This led to fierce competition among labour-export countries. Viet Nam also faced some problems with guest workers. … [Read more...]

Footwear sector takes steps into New Year

HA NOI (Biz Hub) — A successful 2014 and the promise of bigger export opportunities has given the domestic leather and footwear industry the confidence to set a US$14 billion export target for this year. Phan Thi Thanh Xuan, general secretary of the Viet Nam Leather and Footwear Association (Lefaso), told Viet Nam News that the new target marked a year-on-year increase of 15 per cent. She said last year was a successful year for the industry, with its presence in 47 global markets seeing the total leather, footwear and handbags exports rise 22.5 per cent over 2013 to $12.74 billion, accounting for 8.5 per cent of the nation's total export turnover. Impending Free Trade Agreements (FTAs) and the Trans-Pacific Partnership (TPP) will attract new investments into Viet Nam's leather and footwear industry, she said. "We think the agreements will create remarkable growth in export turnover in the coming years," Xuan said, explaining that the ensuing reduction in tariff barriers … [Read more...]

Tay Ninh plans 11 social housing projects

Low-income earners have chance to own their own flats thanks to social housing projects. (Photo: VNA) To meet the housing demand of low-income earners, the southern province of Tay Ninh will build seven social housing projects with 2,385 units to supply accommodation for nearly 10,000 people, and four others with over 2,000 rooms for nearly 20,000 workers at industrial parks. The 11 projects will cost nearly 2.13 trillion VND (99.9 million USD), of which 16 billion VND is from the provincial budget and the rest from investors, reported Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times). The province will speed up detailed zoning plans for these projects, pay all costs for site clearance, and invest in infrastructure.-VNA … [Read more...]

January CPI seen edging down

Buyers shop at Co.op Mart in HCM City. The CPI in January will fluctuate slightly and see a minor reduction. — VNA/VNS Photo Thanh Vu HA NOI (Biz Hub) — The Consumer Price Index (CPI) in January will fluctuate slightly and see a minor reduction, the Price Management Department under the Ministry of Finance, forecast. January is the month before the Tet holiday, so prices in the local market are affected by some factors, including production demand, processing and consumption of goods for the Tet festival, while purchasing power experiences solvency at the end of the year, which pressures prices, the department pointed out. However, there will be some positive factors supporting the stability of the local market and price increases will be controlled, including a slight decrease in prices of essential goods and materials in the global market, the department said. In the domestic market, ministries, provinces/cities and enterprises will collaborate in preparation for … [Read more...]

HN aims to ensure stable Tet prices

Customers browse products at a Hapromart in Gia Lam District, Ha Noi. — VNA/VNS Photo Tran Viet HA NOI (Biz Hub) — Ha Noi businesses have stocked up and developed trade promotions to stabilise the market and boost consumption during the Tet holiday, a Ha Noi Industry and Trade Department official said. At a meeting of the industry and trade sector of Ha Noi on Tuesday, Tran Phuong Lan, deputy director of the department, said most enterprises in the capital city have actively planned to increase their goods inventory by 10 to 15 per cent or VND16 trillion (US$774.2 million) for the Tet holiday, the Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) newspaper revealed. The supply will meet up to 70 per cent of the city's demand, and will include 4,000 tonnes of rice, 900 tonnes of pork, 450 tonnes of poultry, along with 200 tonnes of seafood, 1.5 million litres of cooking oil and 1,500 tonnes of vegetables. Supermarkets, such as Big C, Metro, Citimart, Le's market, Coop … [Read more...]