Green growth: Securing the future for Vietnam businesses

(VOV) -The Vietnam government has moved aggressively to style itself as a leader amid the global push to de-carbonize and reduce greenhouse emissions said Trinh Minh Anh, a Ministry of Industry and Trade (MoIT) official. If we fail to achieve sustainable economic development Vietnamese businesses face a future of increasing resource scarcity and competition, Anh said at a seminar on May 27 in Hanoi addressing the nation’s overall green growth strategy. The continued environmental degradation and unabated climate change impacts will be catastrophic for the nation’s economy, he stressed. Industries such as seafood, garment and footwear currently must follow strict quarantine and environment standards of foreign countries or face having their exports banned and suffer devastating financial consequences. However, most businesses’ financial capacity is limited while their infrastructure is weak and technologies are out of date, resulting in numerous violations of … [Read more...]

First external information service awards presented

The first ever National External Information Service Awards 2014 (in the field of press) were presented at the Vietnam News Agency’s headquarters in Hanoi on May 27. The awards were organised by the Party Central Committee’s Commission for Communication and Education and the Central Steering Committee for External Information Services. The presentation ceremony was attended by Politburo member and standing member of the Party Central Committee’s Secretariat Le Hong Anh; and Politburo member Dinh The Huynh, who is the Secretary of the Party Central Committee, Chairman of the Party Central Committee’s Commission for Communications and Education, and Head of the Central Steering Committee for External Information Services. It also saw the presence of officials of some central committees, ministries and sectors, key press agencies of Vietnam, and award winners. From the call for nominations on December 8, 2014 to the closing date of March 31, 2015, 515 entries … [Read more...]

Vietnam joins Russia’s biggest travel expo


(VOV) -The Vietnam Consulate General to Vladivostok led a delegation on May 22-25 to participate in the Pacific International Tourism Expo (PITE), which attracted tens of thousands of guests. The event, which took place at the Far Eastern Federal University in Vladivostok, provided an excellent platform for Vietnam to promote the country’s tourism events and attractions. It also provided an opportunity to meet and network with local tour agents, airlines, and media in hopes of boosting arrivals from the Far East Russian market. All told the event attracted 268 delegations from 20 countries around the globe, including Japan, the Republic of Korea, China, Malaysia, Indonesia, Guam and Vietnam. Vietnam was pleased to participate in PITE as it is regarded as one the most important travel expos in Eastern Russia. … [Read more...]

Business failures decline

(VOV) - Business failures in Vietnam fell by 0.5% to 3,884 in the first five months of the year compared with the corresponding period last year, according to the General Statistics Office (GSO) of Vietnam. During the January-May period, the number of start-up ventures registering with the GSO jumped 15.5% to 36,055 businesses listing capital of VND219.3 trillion on their registration forms. The figures indicate an encouraging medium to long-term outlook for the nation’s economy, according to the GSO. Commenting on the results, a GSO representative said the number of newly-established businesses should create jobs for an estimated 518.400 workers, showing a promising start to the new year. … [Read more...]

Local steel exports thrive in Pakistan


(VOV) -Pakistan is heavily dependent upon steel imports from Vietnam to bridge the gap between domestic production and the nation’s demand a leading marketing agent and distributor in South Asia recently unveiled. In addition to steel, importers are desirous of purchasing large quantities of cement, building materials and interior decorating items related to construction work in the country, said Amer Malik, director of the Olympias Pakistan Company. At the meeting with business leaders on May 26 in HCM City, Malik said the construction market in this country is vibrant thanks to foreign investment and contractors are pretty much relying on steel imports from Vietnam. A Vietnam commercial counsellor in Pakistan said Vietnam’s exports to the Pakistani economy in the first two months of 2015 reached US$65.98 million, an increase of 131.66% compared with the same period a year ago. … [Read more...]

Children’s blindness rate fourth highest in Asia

About 3 million out of 22.7 million Vietnamese children are facing weak eyesight, while 23,000 of them suffer from bilateral blindness, representing the fourth highest rate in the Asian region. The figures are announced at the ceremony to launch the Flying Eye Hospital (FEH) programme, conducted by the Orbis organisation and the Vietnam National Institute of Ophthalmology at Hanoi’s Noi Bai International Airport on May 26. The FEH is conducting a 2-week training course for 130 medical personnel, along with free check-ups and treatment for more than 160 patients with eyesight problems from May 25 to June 5. The FEH earlier launched training courses and eye check-ups in the central province of Thua Thien-Hue. Orbis, an NGO dedicated to vision treatment worldwide since 1982, has been working in Vietnam since 2000 and has helped establish five eye care centres for children in Hanoi, Hue, Danang, Ho Chi Minh City and Binh Dinh. … [Read more...]

Interesting destinations in Vietnam’s East Pole


(VOV) - Mui Doi - the East Pole of Vietnam is an attractive destination for adventurous tourists. Meanwhile, Mui Dien is an ideal place for couples to take wedding photos. Mui Doi is located in Hon Gom Peninsula, Van Thanh Commune, Van Ninh District, Khanh Hoa Province. It is called Mui Doi (double capes) for two rocky promontories jutting out into the sea. Not far from it is a small island named Hon Dau. It is about 100km from Nha Trang City. Mui Doi is around 40km from Mui Dien. With a beautiful natural landscape formed by numerous spectacular pieces of rocks, they constitute two attractive tourist destinations. Tourists can choose either way, by land or by sea, to discover the beauty of this landscape. … [Read more...]

RoK free trade wins won’t happen overnight


(VOV) -Vietnam’s newly-signed free trade agreement (FTA) with the Republic of Korea (RoK) is expected to provide significant economic benefits— but for rice and other agricultural exports the impact will not be felt in the short term. According to this latest free trade deal, the RoK will eliminate import tariffs on a total of 409 goods while Vietnam will lift tariffs on 272 goods, all phased in over the next 15 years. Seoul currently imposes a 5% import duty on all foreign rice imports collectively up to 409,000 tonnes a year effective as of the beginning of 2015 and the FTA has no immediate effect on this quota. In addition, the RoK imposes a 513% duty on all imports in excess of 409,000 tonnes in any one year as the RoK government looks to protect domestic farmers from foreign competition. The top duty makes the sales price of imported Vietnamese grain more than six fold its original price and up to three times more expensive than that of rice produced domestically … [Read more...]

Vietnam: 3 destinations among top 27 amazing natural wonders


(VOV) -SmarterTravel, one of the largest online travel resources of the US, has revealed the world’s top 27 amazing natural wonders in Asia, including 3 destinations in Vietnam. Accordingly, Ha Long Bay triumphed the first place in the list. The online travel website suggests that visitors should take one of the overnight cruises offered within the bay and watch the sunset over its tranquil waters. Son Doong, the world's largest cave, located in central Vietnam took the 19th place. According to SmarterTravel, the cave is more than 5.5 miles long and has its own jungle and river. Still, it wasn't even discovered until 1991, or fully explored until 2009. Can Gio Mangrove Forest is also named in the list. "The Can Gio wetlands support not only thousands of mangroves, but also around 200 different species of wildlife and 150 species of flora", says the website. Rounding on the list of top 27 include Longdong of Taiwan, The Chocolate Hills, of the Philippines, Flaming … [Read more...]

Hoang Nam climbs to 12th in world junior tennis ranks

(VOV) - Vietnamese young tennis player Ly Hoang Nam has climbed two notches from the 14th to the 12th spot in the International Tennis Federation (ITF)’s latest junior rankings. This is the highest position a Vietnamese young tennis player has achieved in the world rankings so far. The result is attributable to Nam’s recent success to enter the quarter-final of the Grade A Trofeo Bonfiglio tournament and was defeated only by Brazilian player Orlando Luz. However, in the latest ranking of the Association of Tennis Professionals (ATP), Nam fell by six places to stand at 1256th position. Nam will compete in Roland Garros in France from May 31 to June 6. Then he will prepare for Wimbledon tournament in the UK on July 4-10. … [Read more...]

Prime Minister awards merit certificate to swimmer Vien

(VOV) -Nguyen Thi Anh Vien received a Labour Order third class, and a merit certificate from Prime Minister Nguyen Tan Dung on May 26. Her coach, Dang Anh Tuan, was also awarded a Labour Order, third class, for his contribution to Vien's success. The awards are a big motivation for the swimmer about to head into the Southeast Asian Games competition, which begin next month. Vien received the recognition for a remarkable career on the international stage. She grabbed gold medals at the second Youth Olympics, Asian championships, a US juniors tournament, and SEA Games. She took home silver at the Asian Games last year. … [Read more...]

ASEAN agriculture and food forum to take place in Hanoi


(VOV) - The Responsible Business Forum on Food and Agriculture, under the theme ‘ASEAN Beyond 2015: Collaboration for Equitable Growth’ will be held in Hanoi from June 23 – 25. The forum is organised in partnership between Global Initiatives, Vietnam Chamber of Commerce and Industry (VCCI), Ministry of Agriculture and Rural Development (MARD) and World Wildlife Fund (WWF). Around 350-400 participants including 150-200 international delegates who are ASEAN ministers of agriculture, forestry and fishery, the ASEAN Secretary General and representatives from international organisations, NGOs and businesspeople will discuss improving the productivity and sustainability of key agricultural commodities, namely aquaculture; dairy; coffee; corn; rice and tea. They will share information and make recommendations for increasing agricultural productivity, whilst improving rural livelihoods and reducing environmental impact. … [Read more...]

Vietnam Airlines to launch inflight wifi for business-class passengers

Vietnam Airlines will launch inflight wifi for business-class passengers this summer when the airline takes delivery of new Boeing B787-9 and Airbus A350 aircraft in a bid to offer guests more value-added services. The national flag carrier is expected to put the Airbus A350 in service in June this year and the Boeing B787-9 a month later. In addition to bigger seat space and screens for entertainment, business-class passengers can connect to wifi onboard. Vietnam Airlines was quoted by Vietnam News Agency as saying that the carrier is now in talks with two providers of inflight wifi and they would have to get approval from Vietnamese agencies for launching this service in the country. If approved, inflight wifi will be switched on when the 3,000-meter altitude is reached. The new aircraft will be used for Vietnam Airlines’ flights between Hanoi and HCMC and international services linking Vietnam and Paris, London, Frankfurt, Seoul, Tokyo, Shanghai, Beijing and … [Read more...]

Iraq Shi’ite militia take lead in campaign to reverse Islamic State gains

Iraq's Shi'ite paramilitaries said on May 26 they had taken charge of the campaign to drive Islamic State from the western province of Anbar, giving the operation an openly sectarian codename that could infuriate its Sunni Muslim population. The Iraqi government is scrambling to reverse the fall of Ramadi, its biggest military setback in nearly a year. Prime Minister Haider al-Abadi has vowed to recapture the city, the Anbar provincial capital, within days. Shi'ite militiamen, supported by a smaller group of government troops, advanced on May 26 to within a few kilometers of a university on Ramadi's southwestern edge, police sources and Sunni tribal fighters allied to the government said. As they passed through farmland south of Ramadi, the militiamen told people to return home and stay inside, promising they would not be harmed. The loss of Ramadi a week ago was swiftly followed by the fall of the UNESCO heritage city of Palmyra in Syria, the two biggest gains by Islamic State … [Read more...]

FIEs remain tight-lipped in technology transfers


Attracting high technology from foreign firms is still far from a reality in Vietnam, much to the bane of local enterprises. The Central Institute of Economic Management has released a report on firm-level technology and competitiveness in Vietnam. The report was compiled using data from five high-profile surveys concerning over 38,731 local and foreign enterprises during 2010-2014. Results showed that technological advancements usually came from domestic firms. Over 80% of technology transfers took place between domestic firms in the past five years across both related and unrelated sectors. This illustrates that foreign firms have been responsible for just 20% of technology transfers to domestic firms in the observed period. The rate of technology transferred from foreign firms increased from 1% in 2009 to 10% in 2013. "Overall, technology transfers primarily take place among domestic firms in Vietnam, suggesting that foreign direct investment (FDI) may not be as effective a way … [Read more...]

Malaysian police reveal grim secrets of jungle trafficking camps

Malaysian police forensic teams, digging with hoes and shovels, on May 26 began pulling out bodies from shallow graves found in abandoned jungle camps where an inter-governmental body said hundreds of victims of human traffickers may be buried. The Malaysian government said it was investigating whether local forestry officials were involved with the people-smuggling gangs believed responsible for nearly 140 such graves discovered around grim camps along the border with Thailand. The dense forests of southern Thailand and northern Malaysia have been a major stop-off point for smugglers bringing people to Southeast Asia by boat from Myanmar, most of them Rohingya Muslims who say they are fleeing persecution, and Bangladesh. Authorities took a group of journalists to one of the camps, nestled in a gully in thick jungle up a steep, well-worn path about an hour's walk from the nearest road, where a Reuters witness saw the first body removed on May 26 afternoon. Malaysian police said on … [Read more...]

Young accountant wins ‘New Zealand, New Horizon’ contest

A 23-year-old Vietnamese woman has won the "New Zealand, New Horizon" competition held by the New Zealand Embassy in Hanoi, which aims to increase knowledge and understanding between the two countries. With her entry "Magical Dream," Nguyen Thanh Hang won a trip to New Zealand for two, which she gave to her parents. "I have never been to New Zealand before but in my eyes New Zealand is a very green and peaceful country," she said. In her video, Hang, an accountant in Quang Nam Province, used animation to flesh out what it would be like for her parents to visit popular destinations in New Zealand. In about three weeks, more than 200 articles, videos, poems and photos about many different aspects of New Zealand were submitted to the competition. "We received a great number of quality entries which really underscored the strong interest in and knowledge about New Zealand and the relationship between New Zealand and Vietnam," New Zealand Ambassador to Vietnam Haike Manning said. … [Read more...]