Trade fair helps boost commerce with Cambodia

As many as 100 businesses from the Mekong Delta are featuring their products at a border trade fair underway in southern An Giang province, seeking trade opportunities with Cambodian partners. The week-long Khanh Binh border gate fair attracted some 10,000 residents living along the border between An Giang and the Cambodian province of Kandal on its first day on April 9. A wide range of consumer products, handicrafts, and goods for agricultural production are on display at 100 pavilions. Co-organised by the An Giang Trade and Investment Promotion Centre and the Saigon Investment Promotion and Cultural Development Company (Saigon IPC), the event aims to fully exploit the economic potential of the Khanh Binh border gate. At the beginning of this year, the two Governments kick-started the construction of a 40 million USD bridge to connect An Giang with Kandal. Once finished, the work will help further enhance economic development in border areas and two-way trade.-VNA … [Read more...]

Trade fair helps to promote ties with Cambodia

The opening ceremony of the Cam-Viet Fair 2011

The second Cambodia-Vietnam trade and investment fair (Cam-Viet Fair 2011) opened in Kampot town, 150 km east of Phnom Penh, Cambodia, on Aug. 24. On display at the five-day event, held by the Sai Gon Investment Promotion and Cultural Development Company (Saigon IPC), are garments and textiles, leather, food, medicines, cosmetics, household utensils, home decorations and services. Addressing the opening ceremony, Saigon IPC Director Nguyen Duc Nghi, head of the fair's organising board, said the event aims to raise position held by Vietnamese products and businesses in Cambodia. The fair offers a chance for the two countries' businesses to exchange experience in production while helping them expand distribution channels and approach consumers, he said. Ung Mien Hua, a representative from local authorities, expressed his hope that the event would contribute to enhancing traditional friendship and comprehensive cooperation as well as economic, trade and investment ties between … [Read more...]

Social News 4/11

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Vietnam plans World Day of Road Traffic Victims Vietnam is planning a series of events to mark World Day of Remembrance for Road Traffic Victims (November 16), the third of its kind to be held in Vietnam. From November 3-8, the National Committee for Traffic Safety will set up five working groups which will visit the families of road traffic victims in Hanoi, Ho Chi Minh City, the northern provinces of Lao Cai and Yen Bai, the central provinces of Quang Tri and Thua Thien-Hue, and Can Tho city and Vinh Long in the south. … [Read more...]

An Giang province, Cambodian localities establish twin villages

The southern province of An Giang and the Cambodian province of Takeo twinned their border villages, making it easier for locals to provide mutual support. An Nong and An Phu communes and Tinh Bien town in Vietnam are twinned with Phnum Den, Xom and Kom Nop communes in Cambodia's Kirivong district. The signing ceremony in An Giang on November 3 is part of a memorandum of understanding between the Chairman of the provincial People's Committee and the Governor of Takeo province. From now on, the two sides will be able to coordinate trade and cultural exchanges better in order to increase mutual understanding.-VNA … [Read more...]

Vietnam, Cambodia to build bridge next year

Le Anh Work will begin next January on the Long Binh-Chrey Thom Bridge linking Vietnam's southern province of An Giang and the Cambodian province of Kandal. To facilitate the construction of the bridge, authorities of the two sides will simplify immigration procedures for construction workers and exempt machinery and equipment from export and import tariffs. When in place, the bridge will provide the shortest linkage between Phnom Penh and the Mekong Delta, thus stimulating bilateral economic and trade cooperation. The project is part of a credit agreement signed by the two governments during the Vietnam visit last week by Cambodian Prime Minister Hun Sen. Speaking at the signing ceremony, Secretary of State from the Cambodian Ministry of Public Works and Transport Sokhom Pheakavanmony proposed building a Vietnam-Cambodia railway, and economic and trade areas around the bridge. Vietnamese Deputy Minister of Transport Nguyen Van The agreed at the railway project, saying this … [Read more...]

Social Headlines December 30

The implementation of a strategy on ethnic affairs until 2020 was launched at a national conference in Hanoi on December 28, during which, ministries, agencies and localities across the country were assigned with key tasks to realise the set goals.

Expanded Noi Bai-Terminal T1 inaugurated The expanded Terminal T1 of Noi Bai International Airport was officially put into operation on December 29. Terminal T1 was inaugurated in 2001 with a design capacity of serving 6 million passengers per year. However, a two-fold increase in numbers of passengers in recent times forced the Airports Corporation of Vietnam (ACV) to upgrade the terminal. The expanded project was built on 25,000 sq.m by ACV at a cost of VND500 billion. It included five departure and two arrival gates. The same day, nearly 3,000 Jetstar Pacific passengers had their customs procedures cleared at the new expanded terminal. Jetstar Pacific General Director Le Hong Ha said the new terminal helps save time for procedure clearance and improve the quality of services. Three die in boat accident Three women were killed in a boat accident in Tam Ky City in the central province of Quang Nam yesterday. The boat was carrying six people when it sank in the My Cang River … [Read more...]

Work on Long Binh – Chrey Thom bridge to start

Construction of the Long Binh - Chrey Thom Bridge linking the southern province of An Giang and the Cambodian province of Kandal will start next January on the occasion of the 35 th anniversary of Cambodia 's Victory Day. An agreement to this effect was signed by representatives of the Vietnamese Ministry of Transport and the Cambodian Ministry of Public Works and Transport in Ho Chi Minh City on December 27, as part of a credit deal signed between the two Governments on December 26. Once completed, the bridge will provide the shortest route connecting Phnom Penh capital in Cambodia and Vietnam 's borderline, thus stimulating economic and trade growth on both sides. Secretary of State from the Cambodian Ministry of Public Works and Transport Sokhom Pheakavanmony proposed that in addition to the bridge, the two countries should collaborate to build surrounding economic and trade areas, a Vietnam - Cambodia railway and other key transport facilities. Deputy Minister of … [Read more...]

Vietnam, Cambodia provinces to boost cooperation

Officials from the Mekong Delta province of An Giang and the Cambodian provinces of Ta Keo and Kandal met in Chau Doc town on July 19 to review the results of co-operation in the first half of 2010 and discuss ways to strengthen ties in the second half of the year. Both sides noted with pleasure the positive results achieved in a wide range of fields, including border security, the economy, commerce, agriculture, culture, tourism, health care, transport, border demarcation and marker planting, and in the search and repatriation of the remains of volunteer Vietnamese soldiers who laid down their lives in Cambodia. Concerned agencies from the three provinces have regularly maintained the exchange of information, conducted joint patrols to protect the shared border, and worked to prevent and combat crime. The officials discussed measures to further boost cooperation in the remaining months of 2010, focusing on maintaining social order and security along the common border, … [Read more...]

Vietnam, Cambodia provinces to step up cooperation

Officials from the Mekong Delta province of An Giang and the Cambodian provinces of Ta Keo and Kandal met in Chau Doc town on July 19 to review cooperation results in the first half of 2010 and discuss ways to boost cooperative ties in the second half of the year. Both sides noted with pleasure the positive results achieved in a wide range of fields, including border security, the economy, commerce, agriculture, culture, tourism, health care, transport, border demarcation and marker planting, and in the search and repatriation of the remains of volunteer Vietnamese soldiers who laid down their lives in Cambodia . … [Read more...]

Seaplane operator seeks to offer aerial tours of Ho Chi Minh City

A Hai Au Aviation seaplane operates in UNESCO-recognized Ha Long Bay, located in the northern province of Quang Ninh. Photo:

Authorities in Ho Chi Minh City have just requested the local transport department to consider a seaplane operator’s proposal to launch aerial tours above the city. The municipal People’s Committee has recently tasked the Department of Transport and other competent agencies with taking into careful consideration a proposition which was put forward by Hai Au Aviation, a private firm, regarding such tours. The company earlier sought permission to launch a new tour that would allow tourists to explore the city from the sky. The expected itinerary of the seaplane tours is Tan Son Nhat International Airport-Thanh Da Peninsula-the downtown area-Phu My Bridge-Can Gio District. The Thanh Da Peninsula is situated in Binh Thanh District, while the Phu My Bridge spans over the Saigon River sections in District 2 and District 7. Luong Hoai Nam, CEO of Hai Au Aviation, told Tuoi Tre (Youth) newspaper that his company will work to implement this project in the next six months … [Read more...]

Mekong Delta strives to ensure fresh water for agricultural production

The Mekong Delta provinces have devised concrete measures to ensure a constant supply of fresh water for production and daily life, despite the threat of climate change, according to the Southern Institute of Water Resources Research (SIWRR). The provinces aim to restructure local land use, regulate the water supply for agricultural production in coastal areas, and demarcate areas according to the water types present. They also strive to address fresh water shortages in Mekong Delta rivers, while reserving rainwater and connecting with other local water sources to ensure the supply for agricultural production during the dry season. Sea dykes and embankments will also be reinforced along the rivers of Ham Luong, Cai Lon, Cai Be and Vam Co to prevent sea tide invasion. According to the institute, such an intrusion of salty water is expected to affect almost all parts of the delta, especially along the West Sea coastal area and the Ca Mau peninsula, during this year’s dry … [Read more...]

Bac Lieu exports 101 mln USD worth of frozen prawn

Processed shrimp for export (Photo: VNA) The Mekong Delta province of Bac Lieu exported 2,700 tonnes of frozen prawn in April worth 32 million USD, bringing the total export of the product during the first four months of 2015 to 8,300 tonnes which generated 101 million USD. The April volume figure accounted for nearly half the entire first quarter’s 5,600 tonnes which brought home 68 million USD. The positive results stemmed from proactive moves by local businesses to seek contracts in new foreign markets such as Australia, Hong Kong, the Republic of Korea and several Arab countries. To improve their competitiveness in such markets, the local firms have tightened input quality control and food sanitation by carefully selecting suppliers. However, these firms found it difficult to gain access to banks loans, limiting their ability to build long-term business plans.-VNA … [Read more...]

Social News 22/4

National vaccine safety surveillance programme meets WHO requirements Vietnam’s surveillance of adverse events following vaccination meets the requirements of the World Health Organisation (WHO), said experts from the organisation. After a one-week mission to Vietnam from April 9 to review the implementation of the Vaccine Adverse Event Reporting System (VAERS) in the country, the WHO team announced that all six components under Vietnam’s NRA system have passed the check with good results. The team, including 14 experts from the WHO and two observers from Russia urged the Department of Preventive Medicine under the Ministry of Health and the post-vaccination monitoring systems at all levels to continue their efforts in the field. During the checking process, the team made field trips to the southern province of Tay Ninh where they had working sessions with the provincial preventive medicine centre, the municipal medical centre of Tay Ninh City and the medical station of … [Read more...]

Agro-fisheries firms told to tap Finland

Garments and textiles, computers, electronic products and spare parts, machineries, plastic products, footwear and leather were major earners in Viet Nam last year. — VNA/VNS Photo Tran Viet

HCM CITY (Biz Hub) — Vietnamese firms were instructed to export agro-fishery products to Finnish and North European markets at a conference in HCM City on Monday. According to Tran Viet Cuong, Deputy Head of the Vietnam Sanitary and Phytosanitary Notification Authority under the Ministry of Agriculture and Rural Development, the agro-fishery sector's export value depends more on volume than price. The majority of Vietnamese agricultural enterprises are small. Under-10-employee firms account for 44 per cent of the industry while over-300-employee businesses constitute only 3.47 per cent, Cuong noted, adding that 82 per cent of companies have less than VND20 billion (US$926,000) in capital. He said that push to increase Vietnamese agro-fishery exports to Finland and Northern Europe, supported by the Fund for Local Cooperation through the Finnish Embassy in Viet Nam, would play an important role in expanding the sector's market. The project would give technical assistance and … [Read more...]

Foreigners look to Long An for investment projects

The province has to date lured 600 projects from 34 countries and territories with a total registered capital of $3.6 billion. — File Photo

LONG AN (Biz Hub) — Many enterprises from Japan, mainland China, Singapore and Taiwan have arrived in the Mekong Delta province of Long An to seek investment opportunities. During a meeting with Long An People's Committee on Monday, the companies were introduced to the provincial situation on socio-economic development, its investment environment and commitment to create favorable conditions for investors. The province has to date lured 600 projects from 34 countries and territories with a total registered capital of $3.6 billion.— VNS … [Read more...]

Strengthening Businesses in Mekong Delta Region

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The Vietnam Chamber of Commerce and Industry- Can Tho Branch (VCCI Can Tho) recently sponsored a business conference entitled "2015 economy: Orientation and Solution for Mekong Delta businesses to upgrade competitiveness in economic integration." The topic is most important and necessary for businesses, with information showing opportunities and challenges under the impact of trade agreements so that businesses can have appropriate strategic orientation and increase competitiveness when Vietnam integrates fully into the global economy. Speaking at the seminar, Mr Vo Hung Dung, VCCI Can Tho Director reaffirmed that 2015 will be marked by rapid globalisation and regional linkage, with the establishment of FTAs between Vietnam and other countries and territories. In addition to the formal establishment of ASEAN Economic Community (AEC), Vietnam will conclude 6 FTAs including TPP, ASEAN Regional Comprehensive Economic Partnership (RCEP)+6, EU, South Korea, Russia-Belarus-Kazakhstan and … [Read more...]

Long An, Svay Rieng cooperate in child migrant protection

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Illustrative photo. (Photo: VNA) The Mekong Delta province of Long An and the Cambodian Svay Rieng province will work together to implement their cooperation agreements on protecting cross-border immigrant children. During their third meeting held in Long An on April 21, the two sides agreed to cooperate on issues related child protection in border areas and those emigrating between Cambodia and Vietnam through their two bilateral-working teams. The two localities will focus on designing and issuing regulations on the performance of working teams while building plans and activities concerning cross-border migration child protection. They will also coordinate to manage children and conduct surveys and investigations into Cambodian children migrating to Long An province to be used in designing specific measures for caring for and protecting the children. After the meeting between the two localities in Svay Rieng in 2014, Long An helped Cambodian children living in the locality … [Read more...]

Veggie and fruit exports grow sharply

A farmer in Tien Giang Province harvests rambutan. Vinafruit forecast fruit and vegetable exports could reach US$2 billion this year - PHOTO: TRUNG CHANH

Trung Chanh According to the Southern Fruit Research Institute (SOFRI), the country obtained total vegetable and fruit export revenue of US$274 million in January-March, up 13% over the same period of 2014. Notably, exports to Korea jumped 100%, Singapore 300% and Hong Kong 230%. Veggie and fruit exports maintained good growth, especially in selective markets, said Luong Ngoc Trung Lap, head of the market research department at SOFRI. "This was a positive sign amidst tumbling exports of other agricultural products," he said. Data of the Ministry of Agriculture and Rural Development showed the agro-forestry-aquatic exports totaled US$6.13 billion in the first quarter of this year, dropping 13.2% year-on-year. Of the amount, rice exports accounted for US$440 million, down 32%; coffee shipments for US$734 million, tumbling 37.3%; and rubber for US$279 million, down 6.6%. Cashew, pepper and seafood exports registered respective declines of 14.8%, 3% and 20.6% in the period. … [Read more...]

Vasep warns of price competition with Indian shrimp

Employees select shrimp for processing at a seafood enterprise in the Mekong Delta. Vasep says the price of Indian shrimp exported to the U.S. has dropped to US$11 per kilo while that of Vietnamese shrimp has remained unchanged - PHOTO: TRUNG CHANH

Trung Chanh Vasep cited sources as saying that the price of shrimp shipped to the U.S. averaged US$13 per kilo last year, a 15-year high, and the price differentials of shrimp exported by India, Indonesia and Vietnam were insignificant. However, Vasep said the price of Indian shrimp stateside has gone down to US$11 per kilo since January this year while that of Vietnamese shrimp has remained unchanged. Chu Van An, deputy general director of Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, said shrimp supply is ample in India and some other countries as they have better controlled the early mortality syndrome (EMS) in their shrimp farms, enabling them to cut unprocessed shrimp prices which account for 60-70% of production cost. "The price of shrimp on the domestic market stays high, making it difficult for local firms to make their products competitive," An told the Daily. The domestic price started dropping by VND20,000-30,000 a kilo of white-leg … [Read more...]

VND4.5 trillion contracts signed for Duyen Hai 3 power project

At the signing ceremony (Photo: VNA)

Electricity of Vietnam (EVN) has signed capital contribution contracts and credit agreements worth VND4.5 trillion (USD225 billion ) with several banks for the expanded Duyen Hai 3 thermo-power project. The banks include the Vietnam Bank for Industry and Trade (Vietinbank), Vietnam Bank for Foreign Trade (Vietcombank) and Bank for Investment and Development of Vietnam (BIDV). Addressing the signing ceremony in Hanoi on April 20th, Chairman of the EVN Member Board Duong Quang Thanh said the capital will help ensure project progress, which is critical to ease power shortages in the southern region. Meanwhile, the project is expected to boost socio-economic development in the Mekong Delta region by resolving electricity shortages during the dry season, he added. Vietinbank General Director Le Duc Tho said the EVN continually receives assistance from large commercial banks that are responsible for working with economic groups and enterprises to forge rapid and sustainable … [Read more...]