Landfill reduction and restriction needed

Waste is not thoroughly treated It is high time to reduce, restrict landfills and gradually replace them by modern technology. According to experts, the rapid urbanization process in Vietnam is putting pressure on the environment due to the incapability of controlling generating waste, especially domestic solid waste. Waste treatment in cities today is mainly landfill technology. MA. Chu Van Hai, Director of Centre of Analytical Services and Experimentation of Ho Chi Minh City said a normal landfill accounts for 10 - 15 hectares. In addition, each landfill also comprises works such as hazardous waste classification and treatment, covering, drainage system and high covering of soil, isolation barrier to reduce odors ... Therefore, the fund for the landfill method is not small. Also, in practice, this solution does not thoroughly treat the waste. After burying, waste can still scattered away or can seep into the ground following rain water and contaminate water sources of the … [Read more...]

Waste treatment must improve: experts

Ninety percent of waste in Vietnam is buried by an outdated, environmentally ineffective method that is costly and requires large plots of land, delegates heard at a conference held last week in the central province of Binh Thuan. HCM City leads with 7,000 tonnes of waste per day, most of it buried. "Burial of waste is the easiest and cheapest method, but it needs a huge area, at least 10 – 15 hectares," Chu Van Hai, Director of HCM City's Testing and Analysis Service Centre, was quoted as saying in the Sai Gon Giai Phong (Liberated Saigon) newspaper. The costs, which are also high, cover waste classification and treatment, water drainage systems, fence and microbiological agents to reduce odors. Even after burial, rats and insects can spread the waste, which is then absorbed into the land and pollutes water resources. "Waste after burial can also be dug up by people who are looking for scrap iron," he said. New technologies, including incineration and compression, … [Read more...]

Waste treatment must improve

HCM CITY (VNS) — Ninety per cent of waste in Viet Nam is buried by an outdated, environmentally ineffective method that is costly and requires large plots of land, delegates heard at a conference held last week in the central province of Binh Thuan. HCM City leads with 7,000 tonnes of waste per day, most of it buried. "Burial of waste is the easiest and cheapest method, but it needs a huge area, at least 10 – 15 hectares," Chu Van Hai, director of HCM City's Testing and Analysis Service Centre, was quoted as saying in the Sai Gon Giai Phong (Liberated Sai Gon) newspaper. The costs, which are also high, cover waste classification and treatment, water drainage systems, fence and microbiological agents to reduce odors. Even after burial, rats and insects can spread the waste, which is then absorbed into the land and pollutes water resources. "Waste after burial can also be dug up by people who are looking for scrap iron," he said. New technologies, including incineration … [Read more...]

Vietnam police probe slander in BBC Vietnamese article

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Investigative police under Vietnam's Ministry of Public Security initiated an investigation on Friday into a criminal slander case pursuant to Article 122 of the Vietnamese Penal Code in relation to the article "Dương Chí Dũng và những triệu đôla," published April 24 on the BBC Vietnamese website under the byline Nguyễn Hùng. The article, which can be translated as "Duong Chi Dung and the millions of dollars," included these lines: "Theo ông Dũng, người đưa tiền của bà Lan cho ông tên là Tiệp. Các nguồn tin nói đây là ám chỉ thiếu tướng Trần Quang Tiệp, trợ lý Bộ trưởng Bộ Công an Trần Đại Quang." (According to Mr. Dung, the person who gave Ms. Lan's money to him was Tiep. Sources said this alluded to Major General Tran Quang Tiep, an assistant to Minister of Public Security Tran Dai Quang.) Lieutenant General Hoang Kong Tu, chief of the investigative police under the public security ministry, told Cong An Nhan Dan (People's Police) newspaper in an interview on Friday that … [Read more...]

Environment fund says soft loans await enterprises

Nguyen Nam Phuong, director of the fund, told participants at an investment promotion seminar in HCMC that manufacturers could take out a loan worth 70% to 75% of the total value of their projects for a term of up to 10 years and with an interest rate of 5.4% per year. Like other credit institutions, the fund requires borrowers to have certain assets as collateral for their loans. Phuong said this was a non-profit fund mandated to support production companies which are looking for greener business. … [Read more...]

Youths face extortion charges for threats to kidnap, kill, bomb

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Police in Ho Chi Minh City are seeking an indictment against two young men for threatening a business man and his family with a bomb in an attempt to extort US$20,000. A source told Thanh Nien that the plot's mastermind, 19-year-old Ngo Van Sam and his partner, 20-year-old Pham Van Cuong, are facing extortion charges. Ngo Van Sam (L) and Pham Van Cuong … [Read more...]

Police nab two men, 19 and 20, for blackmail, demanding ransom

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Two young men were arrested in Ho Chi Minh City Saturday for making death threats and collecting a US$20,000 ransom from a businessman. One of them is the victim's cousin. Police, who were informed of the threats two days earlier by the victim, Ngo Xuan Tiec, 46, president and director of the city-based Tam Sinh Nghia Investment-Development Company, caught Pham Van Cuong, 20, red-handed receiving the ransom. Ngo Van Sam (L) and Pham Van Cuong … [Read more...]

Thanh Nien Investment becomes sole distributor of Bona hardwood floor care in Vietnam

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Representatives of Thanh Nien Media Corp, Thanh Nien Investment and Bona AB at the signing ceremony Thanh Nien Investment (TNI), a subsidiary of Thanh Nien Media Corp., on Monday signed a deal to become the sole distributor of Swedish group Bona AB’s hardwood floor care in Vietnam. At the signing ceremony, Nguyen Cong Khe, Chairman of Thanh Nien Media Corp cum Chairman of Board of Directors of TNI, said he believed the cooperation will greatly benefit both sides, given the strong growth of Thanh Nien Media Corp. Paul Spångberg, Vice President and Director of Division Industrial Coating at Bona, stressed that the selection of TNI as Bona’s sole distributor "has marked the presence of Bona in the Vietnamese market." The signing of contract has demonstrated that Bona is "making great efforts and is determined to expand the brand in Vietnam," he said. According TNI Director Nguyen Anh Nghia, Bona has made the decision based on TNI’s financial capacity, profound … [Read more...]

Vietnam’s PM axes PetroVietnam chairman

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A file photo shows PetroVietnam chairman Nguyen Xuan Son delivering a speech in Hanoi. The chairman of the national oil and gas giant PetroVietnam has been dismissed, with a source saying he was interrogated in a police probe of a bank of which he was a former CEO. The dismissal decision, signed by Prime Minister Nguyen Tan Dung, named Nguyen Quoc Khanh, chief executive officer of PetroVietnam, to temporarily replace Son as the Chairman of Board of Directors as from Sunday. The dismissal was based on proposals from the Minister of Industry and Trade and the Minister of Interior, the decision said without elaborating. Son, as a state official, is now transferred to the Ministry of Industry pending a new post assignment, the decision said. Son, 53, had been chairman of state-own PetroVietnam from July 2014. A source told Thanh Nien that Son is accused of committing "economic management violations" during his term as the chief executive officer of Dai Duong (Ocean) Commercial Bank … [Read more...]

More gifts for troops and islanders in Truong Sa district

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PANO – Bao Viet Corporation on May 15th granted VND 3.5 billion for the building of a CQ boat and other gifts, worth VND 250 million, for troops and people in Truong Sa island district. Addressing the ceremony, the corporation’s Chairman of Board of Directors said that together with contributing to the nation’s economic development, over the past time, Bao Viet Corporation has also joined hands in promoting security and peace for the nation. He added that this was among activities showing the gratitude ofthe corporation's staff to those who frequently brave and overcome difficulties and dangers to safeguard national seas and islands and continental shelf. Translated by Son Ca … [Read more...]

Hiway opens first Sapomart, offers discounts

Customers shop in Hiway's first Sapomart supermarket in Ha Dong district. Close to 95 per cent of Sapomart's goods are made-in-Viet-Nam items. — Photo hiway.com.vn HA NOI (Biz Hub) — The Hiway Vietnam Joint Stock Company (Hiway) opened its first Sapomart supermarket in Quang Trung Road, Ha Dong District, in the capital city on January 6. On the occasion, the company announced discounts on thousands of items in the supermarket and free delivery within a 10km radius. In addition, they will accept payments made with all kinds of bank cards. Hiway's Chairman of board of directors Le Hoang Ha said that the company plans to construct 10 Sapomart outlets between 2015 and 2016. He said that two Sapomarts will be opened in Ba Dinh and Tay Ho districts of Ha Noi towards the end of January. On the same day, Hiway announced that the company has changed its SuperCenter supermarket brand name to Sapomart, with an aim to provide better services to customers. "The change of our brand … [Read more...]

VNPT fosters information and technology applications for Committee on Ethnic Minority Affairs

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(CPV) - The Vietnam Posts and Telecommunications Group (VNPT) and the Committee on Ethnic Minority Affairs (CEMA) on September 9, signed an agreement to cooperate on telecommunications, information technology and communications for the 2014 - 2020 period. The program aims to build a solid, modern infrastructure on telecommunications, information technology and communications for CEMA, effectively contributing to the management/guidance of the Government in the ethnic minority sector from the central to the grass root level. Besides, VNPT will also support CEMA in popularizing the CPV's guidelines and policies, the Constitution and law to the citizens; providing value added taxes services for ethnic minority and mountainous areas; as well as training human resources for the sector. This program sets a milestone for CEMA in the administrative reform progress towards an E-government; and reaffirms VNPT's capacity, brand and reputation in the field as a telecommunications, … [Read more...]

Putting into exploitation of villa of Bac Lieu mandarin’s son

Villa of Bac Lieu mandarin's son

More than 1 year of restoration, embellishment efforts, villa of Bac Lieu mandarin's son was completed and put into service of tourism. In the past 3 days, thousands of visitors were in and out of the province coming there to admire the architecture, artifacts and so on. It is the property of the rich notorious playboy prince in sixth original provinces of South Vietnam. The villa of Bac Lieu mandarin's son was built in 1919, designed by a contemporarily famous French engineer. The entire building materials of the house, such as iron, cement, bricks, tiles etc were selected and purchased by French engineers. The villa followed western style in the early nineteenth century, combined with oriental feng shui, including a ground floor, a storey that decorated with flower borders and floated patterns; there are 4 rooms and 4 halls. According to an investor- Mr. To Huy Phong, Chairman of board of Director of Cam Quyen Company, his company has invested nearly 100 billion VND for … [Read more...]

PVN exceeds yearly target

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(VOV) - The Vietnam Oil and Gas Group (PVN) earned VND762.86 trillion in revenue last year, representing an annual increase of 18% and meeting the target 50 days ahead of schedule. PVN signs contract for new power station PVN posts $29.85b in turnover PVN on course to hit annual targets PVN exploited 310 millionth of crude oil on August 8 and 90 billionth cu.m. of gas on October 24. It generated 70 billion Kwh of electricity as of December 22 and churned out 8 million tonnes of fertilizer as of September 20. The Dung Quat Oil Refinery produced 20 million tonnes of petroleum by May 20, 62 days earlier than expected. In addition, the group signed four new contracts, had five new oil discoveries and put nine oil fields into operation. In 2014 PVN plans to pump up 16.83 million tonnes of crude oil, bring ashore 9.8 billion cu.m. of gas, generate 15.7 billion Kwh of electricity. It aims to earn VND673.3 trillion and contribute VND144.5 trillion to the State budget. To meet its … [Read more...]

Auto export: New opportunities for local manufacturers

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VinaMazda, a unit of Thaco group, will export its locally-assembled automobiles to Laos on July 14, kick-starting its ambitious plan to penetrate into other Southeast Asian markets with its assembled Mazda brand in the near future. The shipment of the first batch of Mazda cars by VinaMazda, the exclusive manufacturer and distributor of Japan's Mazda Motor in Vietnam, was reached under a fresh contract recently signed in Japan by Chairman of Board of Directors of Thaco group Tran Ba Duong and Japan's Mazda Motor's Executive Vice President Seita Kanai. Following Laos, Cambodia and Myanmar will be the next destinations that VinaMazda has eyed on, according the daily newspaper Dau tu on July 10. Vice President Seita Kanai said his group has seen ASEAN markets as very promising, citing Vietnam where young people account for a large part of population as an example. For this year, VinaMazda plans to sell at least 300 automobiles in these neighbouring markets and will increase … [Read more...]

Enterprises actively seek capital

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(VEN) - Enterprises are tending to limit borrowing and instead focusing on resolving internal problems, such as improving administration, saving costs, attracting investors and implementing joint development of production and business activities. Nam Ngu fish sauce is one of Masan Consumer's products Enterprises have actively tightened credit policy and saved in expenditures to maintain production in order to wait for opportunities. Hoa Sen Group Chairman of Board of Directors Le Phuoc Vu when speaking about the group's experiences in overcoming difficulties said that, the most important thing was the management of cash flows. Therefore, the group cut unreasonable costs and inefficient investment portfolios negatively affecting cash flows. In addition, enterprises must have quick capital turnover, reduce dependence on banks, shorten the maturity of capital and limit risks to the lowest level. In particular, enterprises should use capital within their range in order to ensure … [Read more...]

Vietnam-France Business Forum opens

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More than 500 Vietnamese businesses and 120 French companies are participating in the "Vietnam-France Business Forum", which opened in Ho Chi Minh City on April 8. The forum aims to create favourable conditions to develop partnerships between the two countries' businesses. During the two-day event, companies will introduce their strengths and discuss how to develop business activities. The French businesses have an opportunity to receive consultation from more than 20 specialists in Vietnamese banking, taxation, human resources and intellectual property. Nicole Bricq, French Minister of Foreign Trade, expressed her interest and priority to develop an economic partnership with Vietnam. The forum creates opportunities for French businesses to expand their market in Vietnam and Southeast Asia, she said. Le Hoang Quan, Chairman of the Ho Chi Minh City People's Committee, said that the series of events to celebrate the 40th anniversary of Vietnam-France diplomatic ties is … [Read more...]

BIDV rejects rumour of its chairman’s arrest

The Bank for Investment and Development of Vietnam (BIDV) has rejected the rumour that its Chairman of Board of Directors Tran Bac Ha was arrested. Mr. Tran Bac Ha The bank issued a statement on the evening of February 21 saying that the rumour is a fabrication for ill purposes. "On the morning of February 21, while the management of BIDV was attending a meeting under the chair of Chairman Tran Bac Ha on the implementation of its business plan, the Prime Minister’s resolutions No. 01 and 02/NQ-CP and the State Bank Governor’s 01/CT – NHNN Directive, a rumour spread that the bank’s leader was arrested," the statement said, adding that the rumour had affected the BIDV’s prestige as well as the Vietnamese securities and financial markets. Therefore, the bank reported the incident to the Security Department II under the Ministry of Public Security, which assessed that those who spread the rumour aimed not only to make profit but also to damage the financial-banking market. The bank’s … [Read more...]