No-show by 113 emergency police leaves Vietnam family at mercy of gang


A hawker's family in Binh Duong Province in southern Vietnam was brutally attacked by armed men early Wednesday, but received no help from 113, the emergency police unit, despite repeated calls. Le Thi Loan, 31, shows the injuries inflicted by machete-wielding gangsters early Wednesday Le Van Khanh, 55, his wife Le Thi Tho, 54, and their daughter and son, who live in Ben Cat District, suffered severe machete injuries. The victims said three of the men first came at around 1 a.m. to buy dumplings from Le Thi Loan, 31, the daughter, but complained about the high price, and returned later with dozens of others with machetes to attack Loan and demolish her cart. The other three of the family were injured while trying to save Loan. "A ferocious-looking man ordered the others to cut Khanh to death," Tho said. "We kept begging them, but they just continued until we all passed out on the sidewalk." Some of Khanh's relatives, who had been too scared to intervene, said they dialled 113 … [Read more...]

3 boys drown in south-central Vietnam


The bodies of three boys aged between 7 and 10 were found in a river in the southern central province of Ninh Thuan on Sunday. Ninh Thuan Province's Dinh River in which three boys aged between 7 and 10 drowned on Friday On Friday afternoon, Dao Vinh Hung, Le Van Khanh, both 10, and Nguyen Van Bi, 7, went to the Dinh River in the province's Phan Rang-Thap Cham City to bathe. Their families started looking for them after it turned dark and the boys had not returned home. They found the boy's clothes on the banks of the river. RELATED CONTENT Brothers drown in central Vietnam riverMore than 200 children drown in Vietnam After searching for the children the whole night, they sought help from local soldiers who recovered the three bodies from the river on Sunday afternoon. Around 3,500 children drowned last year in Vietnam. A report released last month by UNICEF states that drowning is a leading killer of children across parts of Asia. The report surveyed four countries … [Read more...]

Wartime poisons persist in Bien Hoa


Environmentalists are hopeful the first international study of dioxin contamination around Bien Hoa Airbase will pave the way for a US-funded cleanup International and local researchers conduct sediment sampling around the Bien Hoa Airbase. The first-ever international study has confirmed continued dioxin contamination at the airbase and called for an immediate stop to fish harvesting in the area. PHOTO COURTESY OF HATFIELD CONSULTANTS … [Read more...]

Southern gangsters get 81 years in jail for machete attack


A group of ten alleged gang members received a total of 81 years in jail for attacking a man with machetes and severely injuring his companion. A sentencing in the southern province of Binh Duong on Friday gave the assorted men 76 years in total, while a trial in nearby Dong Nai Province had already given one of them five years for sending his men across the provincial border to the attack. … [Read more...]

Go-ahead for new airport triggers property frenzy in southern Vietnam


The law-making National Assembly’s green light to the construction of Long Thanh International Airport in the southern province of Dong Nai is forecast to turn the surrounding area into a hotspot for realty investors like what happened in 2009, an expert from U.S.-owned realty consultant firm CBRE Vietnam said this week. Transactions for properties in the vicinity of the proposed new airport, work on which is expected to start in 2018 following a resolution passed by lawmakers last month, have begun to pick up recently, Duong Thuy Dung, director of the research and consulting department of the consultancy, said on June 30 during a conference in Ho Chi Minh City, adding that volumes and value are still relatively small in comparison with other areas. With a vote of 428-17 plus 16 abstentions on June 25, the National Assembly approved the development of Long Thanh International Airport in the eponymous district of Dong Nai Province. Although the project will be implemented … [Read more...]

US university provides scholarships for Vietnamese students

Representatives of Eastern International University (EIU) in southern Binh Duong province and Portland State University (PSU) in the US’s Oregon State signed a memorandum of understanding on granting scholarships to Vietnamese students to learn at the PSU on July 3. PSU President Wim Wiewel said that this is part of the university’s scholarship fund for Vietnamese students worth 6 million USD. Chairman of the provincial People’s Committee Tran Van Nam spoke highly of cooperation between the two universities. He hoped that the connection will help train high-quality human resources for Binh Duong province, pledging to create favourable conditions for the cooperation. The PSU now partners a number of Vietnamese universities, including the EIU, Hanoi University of Foreign Trade, and National Economics University.-VNA … [Read more...]

Italian region shares cooperative development expertise with Vietnam


Vietnam Fatherland Front President Nguyen Thien Nhan at the event (Photo:Vietnam Plus) The Italian region of Emilia-Romagna shared its experiences in developing cooperatives with a visiting delegation led by Vietnam Fatherland Front President Nguyen Thien Nhan on July 2. At the workshop, Giovanni Monti – President of the Emilia-Romagna branch of the National League of Co-operatives and Mutuals (Legacoop) – said cooperatives in Italy date back more than 150 years and currently generate annual revenue of 45 billion EUR (about 49 billion USD), accounting for 8 percent of the country’s GDP. The Emilia-Romagna region currently houses 3,500 cooperatives operating in agriculture, industry, construction, education, health care and goods retail. They are members of Legacoop and receive support from the league but operate independently, he noted. Palma Costi, an official of the region, said cooperatives play an important role in the regional economy and many have become … [Read more...]

Image: Pottery workshop preserves 150 year-old techniques


Dai Hung Pottery Workshop in Binh Duong Province has upheld traditional techniques of making jars and jugs for more than 150 years. The workshop, in Hamlet 1, Tuong Binh Hiep Commune, not only keeps traditions alive but is a major contributor to the local economy. Generations of potters knead and mold the clay jars by hands and fire them with wood kilns. Potters don't earn much - about VND80,000 a day - but they say it is enough. Ho Van Lon, a potter of 50 years' experience, said, "All seven members of my family are potters. My whole life is dedicated to clay and soil, and they have never betrayed me." The workshop was shutdown briefly over concerns of pollution, but provincial authorities decided to preserve the traditional craft and, in 2006, Dai Hung Pottery Workshop was recognised as provincial relic site. Bui Van Giang, the fifth owner of the workshop, is dedicated to keep the tradition alive. … [Read more...]

Japanese pouring more money into Vietnam real estate

Part 1: Vietnamese market attractive to Japan

VietNamNet Bridge - Have the Japanese been too slow to invest in Vietnamese real estate market? The current merger & acquisition (M&A) wave indicates ‘no’. More Japanese real estate firms have shown their interest in Vietnam. Toshin Development, for example, has suggested building an underground shopping mall in HCM City. The project is expected to be developed in the Ben Thanh Market area and connect to the Ben Thanh-SuoiTien subway station. Toshin Development plans a huge amount of investment capital of VND6.4 trillion for the project, while suggesting the PPP (private public partnership) mode with the capital contribution ratio of 67-33 percent. The underground shopping mall would comprise two public and commercial areas. The Vietnamese partner will build public areas with the Japanese, while the Japanese firm would develop the shopping mall. Toshin Development is a subsidiary of Takashimaya, a shopping mall development group. If the project gets approval … [Read more...]

FDI flows into textile-garment projects

Quoc Hung Early this week, the government of Binh Duong Province awarded an investment certificate to Polytex Far Eastern Co. Ltd. under Taiwan’s Far Eastern Group to develop a US$274-million clothing project. The biggest FDI project in the southern province in the year to date will go up on 99 hectares at Bau Bang Industrial Zone and produce supporting items for the apparel sector. It is designed to have an annual capacity of 43,200 tons of polyester, 127 million square meters of knitted fabric and 96 million square meters of cotton fabric. The investor wanted to build the factory in Vietnam to capitalize on the opportunities from the Trans-Pacific Partnership (TPP). The group plans to invest an additional US$700 million to US$1 billion in the second phase of the project. Earlier this year, three large-scale projects were approved for the textile and garment sector with two in HCMC and Dong Nai Province, according to statistics of the Foreign Investment Agency under the … [Read more...]

Home ownership law changes for foreigners to boost property market


Foreigners can buy houses in Vietnam under a new law that takes effect July 1, a move greeted as positive news for the local real estate market. Home ownership for foreigners to lift property market The regulation is expected to improve investor confidence in Vietnam’s property market. But the impact on the market will depend on yet-to-be issued guidelines on the law. Le Hoang Chau, the chairman of HCM City Real Estate Association (HoREA) said, "The law will be a breath of fresh air for the property market." Chau said around 30,000 high-ranking foreign specialists and directors are working and living in HCM City. In addition, a lot of foreign peoples are working and living around the country, including 80,000 from South Korea, 8,000 from Japan and 1,200 from Germany. Such people have been living in Vietnam for years and that they can now buy their own homes should warm up the property market in cities and provinces with several industrial parks like HCM City, Dong Nai … [Read more...]

Nghe An Boosting Investment Attraction, Creating Growth Driver


In 2014, Nghe An granted and revised investment certificates to 187 projects with total registered capital of VND55,663 billion (US$2.5 billion), including 145 newly licensed projects with a total registered capital of VND43,892 billion. To date, the province has 776 investment projects in operation, including 733 domestic investment projects with VND164,937 billion and 43 FDI projects with over US$1.6 billion. Big projects consist of TH-Truemilk, Saigon - Song Lam Beer, Hanoi - Nghe An Beer, Ban Ve hydropower plant, Hua Na hydropower plant, MDF wood board plant, garment and textile plants, electronic component assembly plants invested by South Korean and Japanese investors. In 2015, Nghe An targets to attract at least 100 projects with aggregate registered capital of VND10,000-20,000 billion, and create new jobs for 10,000-12,000 people.To learn more about current investment results and plans to realise future targets of Nghe An province, Vietnam Business Forum interviewed Mr Nguyen … [Read more...]

Vinamilk seeks less State ownership

Automated production lines use robotic operating systems in Vinamilk's second mega factory in My Phuoc Industrial Park in southern Binh Duong Province. — VNA/VNS Photo The Anh

HA NOI (VNS) — Vietnam Dairy Joint Stock Company (Vinamilk) wants to reduce State owner-ship in enterprises after equitisation to create conditions to increase their self-manage-ment and competitiveness for further development. This was one of the measures proposed by Vinamilk during a working session between the company and a National Assembly delegation led by Vice Chairwoman Nguyen Thi Kim Ngan on Monday. Vinamilk CEO and Director General Mai Kieu Lien said it was necessary to clarify the role of State ownership representatives and the board of directors at joint stock companies to help tackle existing obstacles. Some 45.06 per cent of Vinamilk's shares are currently held by the State through State Capital Investment Corporation (SCIC). It had been pointed out that the SCIC's rights of operation of the company had reduced the command of the board of directors over the management of the operations of the company, she said. She cited the commercial transaction to buy Dalat … [Read more...]

Multi-million-USD textile project gets approval in Binh Duong

A 274 million USD textile project run by a Taiwanese company got an investment certificate from southern Binh Duong province authorities on June 29. Polytex Far Eastern Co. Ltd, a member of Taiwan’s Far Eastern Group, will spend 274 million USD on phase one of the project, which will cover 99 hectares at the Bau Bang industrial and urban park. The factory will have an annual capacity of 21,600 tonnes of polyester fibre, 21,600 tonnes of polyester drawn textured yarn, 127 million square metres of knitting fabric and 96,000 square metres of cotton cloth. When operational, it is expected to create more than 3,000 jobs for local people. Polytex Far Eastern Chairman Cheng Chen Yu said the Bau Bang industrial park owns favourable investment climate, adding that the Taiwanese group will pour 700 million – 1 billion USD into phase two of the project. The Far Eastern Group is a leading corporation in Taiwan with total assets estimated at nearly 80 billion USD. Chairman … [Read more...]

Binh Duong grants investment certificate to Polytex Far Eastern


Chairman of Binh Duong provincial People's Committee Tran Van Nam (right) grants the investment certificate to Chairman of the Board of Directors of Polytex Far Eastern Cheng Chen Yu NDO - The People's Committee of Binh Duong province on June 29 granted an investment certificate to Polytex Far Eastern Vietnam Ltd Company to build a factory producing synthetic fibers. The first phase of the factory will have an investment of US$274 million, covering an area of 99 hectares at Bau Bang Urban Area and Industrial Park. The synthetic fiber factory is scheduled to have an annual capacity of 21,600 tonnes of polyester, 21,600 tonnes of DTY fibers, 127 million m2 of knitted fabric, and 96,000 m2 of cotton fabric. The factory is expected to create jobs for more than 3,000 people. Chairman of the Board of Directors of Polytex Far Eastern Cheng Chen Yu, said Bau Bang in Binh Duong was an ideal location with a good investment environment for Far Eastern Group to carry out its project after … [Read more...]

First half year: Enterprises create 651,000 jobs

Photo for illustration

In the first half of this year, over 45,400 have been newly established, providing over 651,000 jobs for labourers, a year-on-year increase of 20.4%, the General Statistics Office (GSO) has reported. According to the GSO, in June alone, 9,351 enterprises have been set up with a registered capital of VND63.1 trillion, leading to the employment of 133,000 labourers to work in the newly-established enterprises. The number of labourers working in industrial enterprises as of early June increased by 6.6% compared to the same period last year. Of which the number of labourers working in the mining industry decreased by 8.2%, in the processing and manufacturing industries increased by 7.9%, and the water provision and waste water treatment increased by 3.7%. The GSO statistics showed that there had been an increase in the number of labourers in localities that have large scale industrial production, including Thai Nguyen province with an increase of 61.7%; Vinh Phuc province (17.2%), … [Read more...]

Social News 29/6

Inside Canalis Bar.

Police raid bar in HCM City Police caught more than 10 people with drugs as they raided the Canalis Bar in District 3, HCM City, at early hours yesterday. As many as 250 customers were present in the bar during the raid and many of them failed to show any identity papers. Police also checked the motorbikes and automobiles of customers and reportedly found weapons. No immediate penalty on taxis without black boxes The Ministry of Transport (MOT) has proposed the Government to defer imposing penalty on taxis lacking black boxes or with malfunctioning black boxes. Earlier, it was scheduled that the owners of taxis without black boxes, an itinerary supervising device, will be penalised from the beginning of next month. The MOT said that some localities have failed to complete the installation of black boxes on transport vehicles. The Viet Nam Automobile Transportation Association said that the number of taxis in the country has been huge, nearly 60,000, which has affected the … [Read more...]

Conference seeks more investment in agriculture


Processing cashew nuts for exports in southern Binh Duong province (Photo: VNA) Private enterprises have succeeded with their agricultural investments, but their progress still lags behind their true potential and the demand for development in the sector, a conference was told in Hanoi on June 28. Minister of Agriculture and Rural Development Cao Duc Phat noted that investments by private businesses in the area had increased by 1.9 times from 2009-13. The number of companies investing in agriculture rose from around 2,400 in 2007 to 3,635 in 2013, an average growth rate of 13.8 percent per year. Private firms accounted for nearly 90 percent of the figure, creating jobs for some 265,000 workers. Companies such as Vinamilk, TH Truemilk, Minh Phu Seafood and property developer Hoang Anh Gia Lai have become locomotives driving high-tech application and market expansion in the agricultural sector in many localities. Real estate giant Vingroup, major telecommunications service … [Read more...]

Over 11,000 smuggling cases uncovered in southern region

Market management forces in southern localities handled 11,330 cases of smuggling and trade fraud in the first six months of this year, heard a conference in Binh Duong province on June 26. Reports presented at the conference show that smuggling, fake goods trade and trade fraud in the region was very complicated, with various forms. The smuggling of commodities, particularly tobacco and refined sugar was on the rise, especially in border areas. Market management forces of An Giang and Tay Ninh provinces seized nearly 40 tonnes of sugar smuggled from Cambodia in the period. Participants discussed and set forth plans to further their cooperation in the remaining months of the year, focusing on intensifying checks and inspections to prevent and detect smuggling in border areas.-VNA … [Read more...]

Saigon Co.op opens second store in Binh Duong

Customers shop at Co.opmart Binh Duong on the opening day on June 25. VNS photo Tuan Linh

Saigon Co.op, owner of the Co.opmart supermarket chain, opened its second outlet in Binh Duong Province's Thu Dau Mot city on June 25, making it the 76th outlet under the Co.opmart chain nationwide. Covering more than 4,700sq.m at Binh Duong Trade Centre, Co.opmart Binh Duong has an investment of over VND60 billion (US$2.75 million) and sells more than 30,000 items, including fresh food, cosmetics, clothes, electronics and household utensils. Like other Co.opmart supermarkets, the store provides price-stabilised goods for local residents and neighbouring areas. To mark its opening, the new supermarket is offering three big promotions, including discounts of up to 50 per cent on hundreds of products, gifts and lucky draw programme with attractive prizes like Honda Air Blade, Samsung TV and Sanyo fridge. Source VNS … [Read more...]