Vietnam approves $800mn contract with Japan’s Sumitomo on power plant expansion

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The Ministry of Construction has named Japanese trading company Sumitomo Corporation the contractor for parts of a project to expand a thermal power plant in southern Vietnam. The Tokyo-based company will be the EPC (engineering, procurement, and construction) contractor for a supercritical power station under the Duyen Hai 3 coal-fired thermal electricity plant expansion project in Tra Vinh Province, the ministry said in a directive. The Japanese contractor is required to use Vietnamese subcontractors during the implementation of the project as they have committed to in the contractor license application, according to the document. Sumitomo announced in a press release in November that Toshiba Corporation would supply the key equipment – the steam turbine and the generator – for the power station, while American firm Babcock & Wilcox would provide the boiler. The civil construction work would be carried out by Mitsui Engineering & Shipbuilding Co. Ltd. … [Read more...]

Retailers yet to take to online shopping in Vietnam

A popluar online shopping website in Viet Nam. Online retailers have been urged to deliver quality products and good customer service to protect the sector's reputation.— Internet Photo

The development of e-commerce has played a vital role in the world market as retail continues to modernise. However, many retailers have not utilised more modern trade methods, like online shopping, said Vu Vinh Phu, president of the Ha Noi Supermarket Association, at a conference in Ha Noi promoting internet-based retail. Phu said e-commerce makes shopping more convenient, and increases production and consumption. Consumers can save time and find lower prices online, said Nguyen Ngoc Hung, director of Di Sieu Thi Joint-Stock Company. However, some businesses have posted exaggerated advertisements and poor products online, preventing the online market from developing. Phu urged online retailers to deliver quality products and good customer service to protect the sector's reputation. State agencies should have strict measures for dealing with online trading violations, he said. However, just in case, consumers should research products carefully before buying. However, so far, … [Read more...]

City ensures supply of Tet goods

Saigon Co.op has increased supply of essential goods by two to three times compared to normal months to ensure adequate supply during the holiday. — VNA/VNS Photo Thanh Vu HCM CITY (Biz Hub) — Enterprises in HCM City have completed plans to prepare goods for the Tet holiday, which falls next year on February 19. Van Duc Muoi, general director of Vissan Limited Company, which processes and trades fresh and frozen meat and meat-related foods, told Viet Nam News that the company had prepared 46,000 pigs, 2,000 cows and 4,000 tonnes of processed food to serve customers, 10 per cent higher than the previous Tet. "There will be no price shock during Tet," he said, adding that "we will slash prices sharply on days near Tet to stimulate consumption". Many poultry and egg providers like Ba Huan and Vinh Thanh Dat plan to increase supply by 10-15 per cent for Tet. As for confectionery products, most producers plan to increase supply and offer many kinds at a wide price range to … [Read more...]

Art & Entertainment News 21/12

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Ha Tinh to preserve 200-year-old dwelling The Ha Tinh Museum is preparing a plan to preserve a 200-year-old "typical Vietnamese house", officials say. The museum staff said they discovered the house in mountainous Huong Son Commune, Huong Khe District during a recent investigative trip. The house is in good condition with all original structures intact, from the gate to the main building. The gate, built with laterite bricks, has complicated carvings on it. The main building includes three sections of a wooden frame that are similar to the nha ruong (wooden house with many beams and pillars) found in Hue. Traditional carvings of birds and flora were also found on the wooden beams. The house's roof is covered by the yin-yang earthen tiles and its walls are made of unbaked clay. Writer Bui Ngoc Tan passes away after long cancer fight Writer Bui Ngoc Tan, 80, passed away on Thursday after many years fighting cancer. Tan was born in 1934 in the northern city of Hai Phong. He … [Read more...]

Social News 18/12

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Ha Noi told to fight sexual harassment in public transport The National Committee for Traffic Safety asked the Ha Noi People's Committee to combat sexual harassment against women and girls on public transport. Accordingly, relevant agencies must identify locations, public transport routes and road sections where sexual harassment often occurs. The city must also improve lighting in areas where women are vulnerable to sexual assault, broadly announce telephone numbers for police in case of emergency and give instructions and advice on how to avoid and what to do when encountering sexual harassment. Women should be provided training in necessary skills to protect themselves in public places, and authorities should encourage them to report sexual harassment and other physical abuse, the committee said. Additionally, the city must tighten control over areas where sexual abuse is common in order to discover and punish criminals. Deputy chairman of the Ha Noi People's Committee … [Read more...]

Social News 17/12

Six farmers drown as fishing boat overturns Six farmers were drowned when their boat suddenly overturned this morning in Nam Thinh Commune of the northern Thai Binh Province's Tien Hai District. The accident occurred when the farmers were on their way to catch clams. According to the local people, the farmers were in a small boat. The accident was blamed on strong winds and the fact that the small boat was overcrowded. The local rescue team has salvaged the boat after retrieving the victims' bodies. The People's Committee of the district visited the victims' families and gave each VND3 million (US$140) as aid. Court starts hearing former VietinBank execs’ appeals agement department at the Vietnam Bank for Industry and Trade (VietinBank), and other defendants. On January 27, 2014, Nhu was sentenced to life in jail by the HCMC People’s Court for swindling nearly VND4 trillion out of three banks, nine companies, and three individuals. To steal the deposits of customers … [Read more...]

Social News 15/12

Project targeting low-income earners introduced in Ha Nam A World Bank-funded project targeting low-income earners has been introduced in the northern province of Ha Nam. The 55.6 million USD project, supported by the World Bank is being carried out nationwide from 2013 to 2018. The "Innovation Targeting People on Low Incomes in Vietnam" project aims to create opportunities for Vietnamese businesses to access to loans and capitals so that they can enhance their proficiency in implementing innovations through applying, perfecting and expanding their operations, as well as commercialising technology to improve living standards for low-income people. Developing traditional medicine, information technology and communication, agriculture and aquiculture are at the heart of the project. Addressing at the conference to introduce the project, Deputy Director General of the Ministry of Planning and Development’s Agency for Enterprises Development Nguyen Hoa Cuong, who is also … [Read more...]

Social News 14/12

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Vietnam warned against unsafe foods The Vietnam Food Administration (VFA) under the Ministry of Health this week received warnings of foreign food safety agencies against two types of dried food originating in Taiwan including tofu and fruits, which contain toxic substances. Particularly, Hong Kong’s Center for Food Safety informed the Vietnamese administration of a ban on dried tofu imported from Taiwan after this product had been found to be contaminated with toxic chemicals. The UK Food Standards Agency on Monday also warned against dried fruits produced by two firms named Gima and Norfolk, which contained sulfur dioxide not listed on the food label. … [Read more...]