Rich industrialist family dead, believed murdered

HCM CITY (VNS) — A family of six was found dead yesterday morning in a commune in the southern province of Binh Phuoc. It is believed they had been murdered. The bodies were found with their throats slit when workers of Quoc Anh Wood Processing Company went at 6am to the villa – which was also the owner's house and the company headquarters – in Minh Hung Commune, Chon Thanh District. Quoc Anh, 47, the owner, his wife Nguyen Thi Anh Nga, and their two sons and two nephews were the victims. Five of them were killed inside the house and a little boy was found near the fence. The house is in a crowded residential area along National Highway No 13 near the Minh Hung – South Korea Industrial Park. Around 100 workers are employed there. Anh, who owned one of the biggest wood processing companies in the province, was famous for his wealth. The police and local authorities have cordoned off the site and are investigating. — VNS … [Read more...]

Trade hopes high as Party leader meets US trade rep

Party General Secretary Nguyen Phu Trong and delegates cut the ribbon at a ceremony to hand over a new-generation Boeing 787-9 Dreamliner from the US Boeing Group to Vietnam Airlines at Ronald Reagan Airport in Washington DC. — VNA/VNS Photo Tri Dung

HA NOI (VNS) — The General Secretary of the Communist Party of Viet Nam, Nguyen Phu Trong, met US Trade Representative Michael Froman on Monday in Washington to discuss enhancing trade ties between the two countries. The Vietnamese leader said the Party and State consistently promoted international integration. He added that he hoped that Viet Nam-US trade links would expand. Trong said Viet Nam was trying to integrate into the regional and global economy, citing its involvement in the Trans Pacific Partnership (TPP) negotiations. He asked the US to support Viet Nam in negotiations. He said he hoped the US would expand its market for Vietnamese goods and recognise Viet Nam's market economy. Froman said he believed Viet Nam-US relations and trade ties would be fostered by the Vietnamese leader's visit. He spoke highly of achievements in bilateral economic and trade after 20 years of normal ties between Viet Nam and the US. Froman said the US would continue to work with Viet … [Read more...]

Ha Noi Council faces hot issues

A view of Trung Yen Urban area, one of the mostly developed urban areas in the west of Ha Noi. Ha Noi People's Council has received 257 questions from municipal voters, mostly reflecting hot issues, ahead of its three day meeting this week. — VNS PhotoThai Ha

HA NOI (VNS) — Ha Noi People's Council has received 257 questions from municipal voters, mostly reflecting hot issues, ahead of its three day meeting this week. Of these questions, 50 are addressed to Ha Noi People's Committee (the executive arm elected by the People's Council) and the remainder concern the lower levels of the government under it – the people's committees of districts and communes. The Ha Noi People's Committee has decided to pick the most relevant questions from them and reply to them during the session. It has also promised to answer the remaining queries before October 30 on its website and through the mass media. Some of the prominent questions are about the lack of playground for children; building cultural venues; the rehabilitation of drug addicts and their reintegration into the society; companies owning the debts of social insurance premiums they are supposed to pay the State for their employees; as well as building healthcare institutions and … [Read more...]

Imported waste faces checks

Containers containing waste material sits in Hai Phong Port. All imported waste will be examined at customs checkpoints to ensure it meets national environmental requirements. — Photo vietnamnet.vn

HA NOI (VNS) — All imported waste material will be examined at customs checkpoints, according to a new regulation issued by the General Department of Customs that aims to ensure all waste meets national environmental requirements. Customs officials have seen a lot of waste materials imported that fail to meet the requirements, posing risks to the environment. The department asked local customs offices to examine waste shipments more closely. Customs offices will check all batches of imported waste material at customs check points before transporting them to factory and manufacturing units. The department also urged customs offices to look for loopholes in existing mechanisms and legal policies, report them to the department. According to the Law on Environmental Protection, waste materials imported into the country must be included on the list of waste materials allowed for import by the Prime Minister. Examinations of imported waste materials must be conducted according to … [Read more...]

Hydropower evacuees find lives still unsettled

Farmers harvest tea in the resettled Thanh Son Village, Thanh Chuong District, Nghe An Province. More than 2,500 families resettled after their land was taken for Ban Ve hydro-power plant 10 years ago say their lives are still shattered by the move. — VNA/VNS Photo Thanh Tung

NGHE AN (VNS) — More than 2,500 families resettled after their land was taken for Ban Ve hydro-power plant 10 years ago say their lives are still shattered by the move. They say they cannot find markets for their tea, and what is really depressing, they do not have enough irrigation water for their crops. They add that in their new location, about 150km from their old village, there is a lack of markets - and roads and schools. The families are now living in two communes, Thanh Son and Ngoc Lam in central Nghe An Province's Thanh Chuong District. Vi Van Thoan, one of the farmers affected, said that he and his neighbours had established tea plantations, but they did not know many buyers. "We hope Government agencies will help us find outlets," he said. "Our lives could stabilise if we could find good outlets." Lu Van Dau, head of Xop Lam Village in Thanh Son Commune, told the National Assembly TV channel that the resettlement area did not have enough irrigation water for … [Read more...]

Authorities rush to rescue sailors

BINH THUAN (VNS) — The Binh Thuan Port authorities are hurrying to salvage the Truong Hai ship that has run aground off the southern Binh Thuan Province. The ship, carrying 3,000 tonnes of rice and 13 sailors, ran aground about nautical 15 miles southwest of Ke Ga Lighthouse in the province's Ham Thuan District on Sunday. Authorities said that the water tank, meant to balance the ship, had been punctured. The sailors were continuously pumping out water to maintain the vessel's balance and save the ship from sinking. They also asked fishermen nearby to help unload a part of the rice cargo. The port authority said some fishing boats tried to get access to the ship to steal its cargo and property. The port authorities are working with the provincial police and border guard forces to take emergency measures to save the ship and ensure the safety of its property and sailors. — VNS … [Read more...]

HCM City names, shames 21 firms

HCM City (VNS) — The HCM City Taxation Department has announced the names of 21 companies that have for long not paid taxes and owe a total of VND300 billion (US$14 million) in back taxes. The district 3-based Lam Vien Construction and Investment Joint Stock Company owes the largest amount — VND102 billion ($5.6 million) — followed by another Industrial and Civilian Construction Company (VND32 billion or $1.5 million) and Tan Phong Investment, Trade and Service Company (VND30 billion or $1.4 million). The department said the companies have continued to evade taxes for a long time despite coercive measures. It had the right to freeze a company's bank accounts, seize assets, collect receivables from third parties, and rescind the invoice, licence and tax code. "These enterprises are listed as examples for other companies that have not paid taxes," a department spokesperson said. "We will continue to publicly more name if they do not pay." — VNS … [Read more...]

Korea wants to build USD1bn wholesale market in Hanoi

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The Korean Chamber of Business (Korcham) wants to build a large wholesale market to connect local producers with buyers in Seoul and other cities in northeast Asia, including Tokyo and Beijing. Hanoi's Long Bien Market Hong Sun, the secretary general of Korcham in Vietnam, said the market will cover 300ha and provide information and technology to promote international sales by auction. It will also have hotels and a retail trade centre. Total capital is estimated to be USD1bn, rising to USD2bn, funded by the governments of South Korea and Vietnam, and private companies. The main trading centre is estimated to cost USD200-400m and is expected to be completed within three years. Sun said a better distribution system will improve Vietnam's competitiveness. He said logistical costs in Vietnam are high, accounting for an average 20 percent of costs, which has hindered development in the agriculture sector. … [Read more...]

Major landmarks in Vietnam-U.S. relations

Vietnam and the U.S. normalized their relations in 1995. The following are some landmarks in the bilateral ties. The Special envoy of the U.S. President, John Vessey, visited Vietnam in August 1987 to discuss humanitarian affairs of common concern. The M.I.A Office officially came into operation in July 1991, becoming the first U.S. agency to operate in Vietnam since 1975. The U.S. lifted the ban on organized U.S. travel to Vietnam in December 1991. Direct telephone links with Vietnam were established in November 1992. U.S. President George H. Bush in December 1992 allowed American enterprises to open representative offices in Vietnam and sign contracts after trade embargo against Vietnam was abolished. Vietnam and the U.S. signed an agreement to set up liaison offices in each other’s capitals inJanuary 1995. The U.S. President Bill Clinton announced normalization of relations with Vietnam on July 11, 1995. Vietnam and the U.S. inked the bilateral trade agreement in July … [Read more...]

Breakfast @ Tuoi Tre News – July 8

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Enjoy your breakfast while skimming today’s news wrap-up on Tuoi Tre News. -- During his five-day landmark visit, General Secretary of the Communist Party of Vietnam Nguyen Phu Trong had a historic meeting with U.S. President Barack Obama at the White House on Tuesday (Vietnam time). The two statesmen discussed many issues of crucial importance regarding the two countries’ relation. Society -- The Vietnam Customs have requested customs departments in cities and provinces to work closely with relevant teams at international airports on stepping up surveillance of crew members’ luggage. The move comes after a number of air staffers were found illegally transporting goods on inbound and outbound flights. -- Associate Professor Vu Minh Phuc, of Pediatrics Hospital 1 in Ho Chi Minh City, told a workshop on Tuesday that over 1,300 children with innate heart diseases are currently in line for surgery. Out of approximately one million Vietnamese newborns every year, … [Read more...]

Quang Ngai: Organizing agriculture and craft village festival

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(Cinet)- The central coastal province of Quang Ngai has organized a festival featuring agriculture and craft villages in the central region on July 06-12. With a title of the sustainable development of Agriculture, Farmer and Rural, the Festival is to be held from July 6-12 in Hoang Hoa Tham Street, Quang Ngai city. The Festival objective is to introduce visitor’s products and typical services of farmers and enterprises processing in field of agriculture, farmer and rural areas. Around 400 businesses from the central and Central Highlands regions will participate into showcasing agricultural products, tools, equipment and techniques. Also, the festival is a forum for organizations and individuals to share information, promote their products, transfer technology and strengthen trade promotion in the agricultural sector and craft villages. The main activities include: to display as many as achievements of agriculture and villages; to honor agricultural products and typical … [Read more...]

Trade Union: Building and developing Vietnamese culture and people

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(Cinet)- On July 06, in Nghe An, Trade Union of the Ministry of Culture, Sports and Tourism organized a seminar "Trade Union – Building and Developing Vietnamese culture and People to meet sustainable demand of the country." The seminar aims to increase more awareness and action for some organizations and members of the Trade Union in Resolution 33-NQ/TW; Decision of Minister about "Building and developing Vietnamese culture and people to meet sustainable development of the country". At the seminar, there are 15 discussions from Department and Theatres to focus on some basic contents as follows: considering some measures to implement Resolution 33 and Documents of the Government. With various contents, the seminar organizes a forum to exchange some opinions and experiences to implement Resolution 33-NQ/TW of the Central and find a solution to turn Resolution into life. … [Read more...]

Obama, Vietnam leader discuss East Sea in landmark meeting

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US.President Barack Obama (R) shakes hands with Vietnam's Communist Party General Secretary Nguyen Phu Trong following their meeting in the Oval Office at the White House in Washington July 7, 2015. Trong is Vietnam's first party general secretary to visit the US, as Hanoi has strengthened its military relationship with former foe Washington since a territorial dispute with Beijing in the South China Sea has heated up in the past couple of years. Photo: Reuters US President Barack Obama and Vietnam's Party chief discussed concerns over China's activities in the East Sea (aka South China Sea) during a historic White House meeting on Tuesday marking two decades of engagement between the former foes. Nguyen Phu Trong met with Obama in the Oval Office, where they had "candid" discussions over differences about human rights and religious freedom as well a pending Pacific trade agreement with the region, Obama said. Trong, one of the most powerful figures in Vietnam, invited Obama to … [Read more...]

Obama, Vietnam Party Chief discuss East Sea in landmark meeting

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US.President Barack Obama (R) shakes hands with Vietnam's Communist Party General Secretary Nguyen Phu Trong following their meeting in the Oval Office at the White House in Washington July 7, 2015. Trong is Vietnam's first party general secretary to visit the US, as Hanoi has strengthened its military relationship with former foe Washington since a territorial dispute with Beijing in the South China Sea has heated up in the past couple of years. Photo: Reuters US President Barack Obama and Vietnam's Party chief discussed concerns over China's activities in the East Sea (aka South China Sea) during a historic White House meeting on Tuesday marking two decades of engagement between the former foes. Nguyen Phu Trong met with Obama in the Oval Office, where they had "candid" discussions over differences about human rights and religious freedom as well a pending Pacific trade agreement with the region, Obama said. Trong, one of the most powerful figures in Vietnam, invited Obama to … [Read more...]

Party leader Nguyen Phu Trong holds talks with US President Obama

Party General Secretary Nguyen Phu Trong and US President Barrack Obama at the talks at the Oval Office of the White House in Washington

Party General Secretary Nguyen Phu Trong and US President Barrack Obama held talks at the Oval Office of the White House in Washington in the morning of July 7 (local time). Vietnamese delegates attending the talks included Tong Thi Phong – Politburo member and National Assembly Vice Chairwoman; Le Thanh Hai – Politburo member and Secretary of the Ho Chi Minh City Party Committee; Tran Quoc Vuong – Secretary of the Party Central Committee and Chief of the Party Central Committee’s Office; Pham Binh Minh – member of the Party Central Committee, Deputy Prime Minister and Foreign Minister; Hoang Binh Quan – member of the Party Central Committee and Chairman of the Party Central Committee’s Commission for External Relations; Vu Huy Hoang – member of the Party Central Committee and Minister of Industry and Trade; and Pham Quang Vinh – Vietnamese Ambassador to the US. On the US side there were Vice President Joe Biden, National Security … [Read more...]

Party leader holds talks with US President

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Party General Secretary Nguyen Phu Trong (L) and US President Barrack Obama hold talks at the Oval Office (Photo: VNA) Party General Secretary Nguyen Phu Trong and US President Barrack Obama held talks at the Oval Office of the White House in Washington in the morning of July 7 (local time). Vietnamese delegates attending the talks included Tong Thi Phong – Politburo member and National Assembly Vice Chairwoman; Le Thanh Hai – Politburo member and Secretary of the Ho Chi Minh City Party Committee; Tran Quoc Vuong – Secretary of the Party Central Committee and Chief of the Party Central Committee’s Office; Pham Binh Minh – member of the Party Central Committee, Deputy Prime Minister and Foreign Minister; Hoang Binh Quan – member of the Party Central Committee and Chairman of the Party Central Committee’s Commission for External Relations; Vu Huy Hoang – member of the Party Central Committee and Minister of Industry and Trade; and Pham … [Read more...]

Securities firms can apply for FOL increase

An unidentified investor checks stock information on the website of Maybank Kim Eng Securities Limited in this file photo. Local securities enterprises can now submit foreign ownership limit (FOL) increase applications to the State Securities Commission (SSC) - PHOTO: TL

Thanh Thuong Speaking to the Daily, SSC vice chairman Nguyen Thanh Long said a higher FOL would apply to securities firms from September 1 when Decree 60 takes effect. Given the new rule, brokerages can register at the SSC to raise their foreign ownership cap to over 49% or even 100%. They are able to sell shares to foreign investors after they get approval from the agency rather than having to wait for a guidance circular. Long said the objective is to help struggling enterprises seek new sources of capital and boost restructuring plans. This is also in line with Vietnam’s commitments to the World Trade Organization (WTO). The new decree stipulates that foreigners can own up to 100% shares at a securities enterprise or establish a 100% foreign-owned securities firm in the country. It replaces Decree 58, which allows foreigners to either own a 49% stake at a Vietnamese brokerage or set up a 100% foreign-owned company. The old decree prevents foreigners from holding a … [Read more...]

Luxury hotels face rising competition

Tran Thu The company’s 2014 survey on hotels released last week showed average room occupancy at four- and five-star hotels nationwide was 60.7% last year, down two percentage points against the previous year. The rate at hotels in HCMC fell 6.7% but edged up 6.7% in Hanoi in 2014 from a year ago. Kenneth Atkinson, executive chairman of Grant Thornton Vietnam, told reporters in HCMC last week that room occupancy in Hanoi jumped thanks to more supporting infrastructure. Meanwhile, the rate in HCMC was down due to fierce competition and new hotels in service. The average room tariff in 2014 at upscale hotels inched up 0.2%, from US$97.6 in 2013 to US$97.8 last year. The survey found an increase of 3.6% in the average room tariff at four-star hotels but a decline of 6.4% in that of five-star hotels. Room charges in Danang City and Hoi An City registered growth of 23% but dropped by 17.2% in Phan Thiet City, by 13.7% in Hanoi and by 4.7% in HCMC. Atkinson said when a new … [Read more...]

Vietnam Party Chief’s US visit marks a turning point: expert

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US Ambassador to Vietnam Ted Osius (L) shakes hands with Vietnam’s Party General Secretary Nguyen Phu Trong after he arrives at the Andrews military airport in Washington DC at 8 a.m. July 6 (local time). Photo: VNA/Tien Dung An ongoing visit to the US by Vietnamese Party General Secretary Nguyen Phu Trong could be a turning point in the 20-year diplomatic relations between the two countries, said an American expert in an interview with the Vietnam News Agency. Gregory Poling from the Center for Strategic and International Studies (CSIS) said bilateral relations have progressed substantially, reflected in Vietnam’s joining of the World Trade Organization, a boom in bilateral trade and investment activities, the establishment of a comprehensive partnership and the US partly lifting its arms embargo on Vietnam. This is the first time a General Secretary of the Communist Party of Vietnam has made a visit to the US. The visit takes place at a time important to Vietnam-US … [Read more...]

Vietnam attends UNIDO projects

The Prime Minister has approved Vietnam’s participation in a regional project funded by the United Nations Industrial Development Organisation (UNIDO) as part of efforts to implement the Stockholm Convention of Persistent Organic Pollutants (POP). The project, which will use non-refundable aid sourced by the Global Environmental Facility Fund (GEF), will focus on demonstrating best available techniques (BAT) and best environmental practices (BEP) in open burning activities in response to the Stockholm Convention. The PM assigned the Ministry of Nature Resources and Environment (MoNRE) to cooperate with UNIDO to complete documents and sign the project with sponsoring partners, as well as to implement the project in line with the regulations. The projects is expected to help reduce the unintentional emission of POPs by industrial sectors in Vietnam, contributing to protecting the environment and human’s health, especially during the country’s industrialization and … [Read more...]