BRG Group deepening global footprint for sustainable development

BRG Group chairwoman Nguyen Thi Nga and golf icon Jack Nicklaus

For many years now, BRG Group- a local leading private group in finance, banking and golf resorts, and its chairwoman Nguyen Thi Nga has pursued a strategy of working with global players in the hospitality and finance-banking industry to deepen its international integration. BRG’s main aim is to build high-quality and distinctive Vietnamese properties to serve not only domestic customers, but can also satisfy demanding requirements from both local and international business people and visitors. The group has made great strides in creating increasingly diversified and new unparalleled values in each product and service, looking for a higher quality of life for resident community and the society. BRG’s enthusiasm for and dedication to each project shows its concern not only for profit, but also to the development of the nation and the community. These good values have helped BRG make strong alliances with foreign partners. As for the golf side of BRG’s business, … [Read more...]

State-run animation firm to launch IPO next week

Duc Nam The company will offer nearly 590,000 shares, or an 11% stake, on the northern bourse at the starting price of VND10,300 each. Compared to the recent IPOs launched by State-owned enterprises, the upcoming IPO has drawn more attention from investors as the cartoon maker has nearly 1,000 square meters of land at 7 Tran Phu Street, Ba Dinh District, Hanoi City, a prime location. This is where Thanh Giong cinema is located. The cinema is the first and only place to screen animated films in the country. Around 70% of Vietnam Animation Company’s earnings are from film production and distribution and cinema operation, and the remainder is from office leasing and other services such as events organization and equipment leasing. In 2015, the firm obtained VND12.8 billion (US$574,000) in revenue. It aims to raise the figure to VND15-16.8 billion a year in the 2016-2018 period. It was established in 1959 as an animated film studio under the Vietnam Animation Department. It … [Read more...]

2.5-ton rice cake made for Hung Kings’ death anniversary in Saigon’s park

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VietNamNet Bridge - The Dam Sen Cultural Park in District 11, HCM City on April 14 hired 50 artisans to make and boil a giant banh chung (square-shaped glutinous rice cake) weighing 2.5 tons to offer to the Hung Kings, the founders and the first protectors of the country, at the Hung Kings' death anniversary on the 10th day of the third lunar month (April 17th). This year, the anniversary ceremony themed "Toward the Ancestral Land" will last three days at the park, from the 10th to the 12th of the third lunar month (April 16 to 18). The Hung Kings' Death Anniversary 2016 will kick off on the morning of April 16 at the park's Au Lac Square. Apart from staging scenes depicting how Hung Kings founded and protected the country, one of the highlights will be literature and martial arts performances. Literature performance written by Professor Vu Khieu highlights the love of the current generations for their ancestors as well as wishes for peace and happiness. Martial arts performances … [Read more...]

SBV issues commemorative note for 65th anniversary

The front of the commemorative note. SBV has issued a banknote worth 100 dong to commemorate its 65th. - Photo tienphong.vn

The State Bank of Viet Nam has issued a banknote worth 100 dong to commemorate its 65th anniversary on May 6. The commemorative banknote has no payment value. It aims to recognise the outstanding developments of the banking sector and promote the image of the country internationally. The banknote will be presented to guests invited to the sector's anniversary. A representative of the central bank said the cost of implementing the design of this type of banknote has been covered by companies with the most advanced technology in the world. The front of the banknote features the portrait of late President Ho Chi Minh, the nominal value of 100 dong in both numbers and letters, the image of the coat of arms and the SBV governor's signature. The back of the note depicts the SBV headquarters, Thanh Giong (Saint Giong) and the Ngoc Lu bronze drum. This is the second time the SBV has issued a commemorative note. In 2001, the bank issued a banknote worth 50 đồng to commemorate its 50th … [Read more...]

​Vietnam central bank to issue commemorative 100-dong bill

The reverse of the 100-dong banknote to be issued by the State Bank of Vietnam on May 6, 2016. Photo:

The State Bank of Vietnam (SBV) announced on Monday that it will issue a souvenir 100-dong banknote on May 6 in commemoration of its 65th anniversary (1951-2016). According to the SBV, which is the central bank, the bill will be a 100 Vietnamese dong denomination, will be printed on 83 millimeter by 163 millimeter high-quality, cotton paper with a primary color of red, and will not be eligible for circulation. The bill will feature the most iconic features of the country, such as Thanh Giong (Saint Giong), a mythical folk hero, a stylized depiction of the currency used in ancient Vietnam representing the nation’s monetary sovereignty, and the patterns found on Ngoc Lu Bronze Drum, an artifact from the country’s Bronze Age, according to Dao Minh Tu, vice governor of the SBV. Tuoi Tre Tu expects the bill to serve as a souvenir while helping to promote features of Vietnam to its citizens and international friends who take interest in the country’s economy and … [Read more...]

Growing green-skin grapefruits helps build new rural areas in Ben Tre

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(VOVworld) – Ben Tre province has 5,500 hectares under green-skin grapefruit cultivation for domestic consumption and export. Green-skin grapefruits have increased local incomes and boosted new rural development. Green-skin grapefruits are easy to sell and profitable. Major grapefruit growing areas in Ben Tre are Cho Lach, Chau Thanh, Ben Tre city, Mo Cay Bac, Mo Cay Nam, and Giong Trom. In 2005 Mr. Le Van Phong’s family began to grow grapefruits after failing to find buyers for their longans. The National Target Program on new rural development has provided them and other farming households with planting and tending techniques. Phong’s 6 hectares of grapefruits produce 6-8 tons per harvest with each kilogram earning him approximately 2USD. Phong said: "The price of grapefruits has remained steady for 7 years. I earned 15,000 USD last year and this year it will be more than 25,000 USD." The steady price of grapefruits has guaranteed a stable income for farmers … [Read more...]

Thousands in Ben Tre face high risk of landslides

Photo: VNA

Thousands of households in the Mekong Delta province of Ben Tre are in urgent need for resettlement, as they face a high risk of falling victim to riverside landslides. As many as nine landslide-prone districts and cities in the province with 8,347 households have been identified. The most-affected areas are the districts of Chau Thanh, Cho Lach and Mo Cay Bac. Provincial Department of Agriculture and Rural Development Deputy Director Cao Minh Duc highlighted the difficulties facing the resettlement, saying that the locality has no land funds for the purpose. Most of the affected households are impoverished and cannot manage their own relocation, Duc added. The People’s Committees of the districts of Binh Dai, Giong Trom, Mo Cay Bac and Mo Cay Nam have asked for the province’s approval on a project to move nearly 500 locals from landslide-prone areas. However, the project is still awaiting approval, according to Duc. The official called for the Ministry of Agriculture … [Read more...]

Vietnamese Entrepreneurs: Constructing the Nation, Building Personal Affluence

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Recently, the Vietnam Chamber of Commerce and Industry (VCCI) hosted a solemn event to celebrate the 70th anniversary of the letter sent by President Ho Chi Minh to the business circle, and respond to the First Patriotic Emulation Congress of the Business Sector and Entrepreneur Force (2015-2020). In the spirit of "Convergence - Enrichment - National Construction," the First Patriotic Emulation Congress of the Business Sector and Entrepreneur Force (2015-2020) reviewed and evaluated the patriotic emulation movement of business community and entrepreneurs in five years from 2010 to 2015; praised and honoured outstanding examples in production and business activities; and defined objectives and orientations for the upcoming time. The Congress also launched the patriotic emulation movement in the business community to stimulate innovations, leverage opportunities, overcome challenges, build and develop a strong business community for Vietnam as expected in Resolution 09 of Politburo. In … [Read more...]

HCM City to stage historical dramas

HCM CITY (VNS) — Six historical and legendary plays will be restaged this week by the IDECAF Drama Troupe in HCM City, as part of Mid-Autumn Festival celebrations around the city. The plays include Tran Quoc Toan Ra Quan (Young Hero Tran Quoc Toan), Trung Nu Vuong (The Heroic Sisters Trung Trac and Trung Nhi), Dinh Bo Linh (Dinh Bo Linh-Founder of the Dinh Dynasty), Thanh Giong (Saint Giong), Son Tinh-Thuy Tinh (Mountain God and Water God), and Nang Cong Chua Di Lac (The Lost Princess). The works all feature historic events and national heroes, and are aimed at young audiences. "We wanted to encourage children and teenagers to learn about the country's history and theatre," said the troupe's director Huynh Anh Tuan. "Our performances are targeted to primary and secondary school students at a discount, with tickets priced at VND100,000 (nearly US$5) for upstairs seats and VND150,000 ($7) for downstairs," he said. The organisers will also present free toys to members of the … [Read more...]

HCM City needs more statues, parks and squares

Art critics, sculptors and officials from HCM City and neighbouring areas attending a seminar on September 10 said the city should erect more sculptural works in public areas for landscaping purpose. The city needs more public spaces like parks, squares, schools and administrative centres, speakers at the seminars said. The city now has only 50 statues, and of these, 10 were built before 1975. President Ho Chi Minh Statue in the city. They include statues of Tran Hung Dao at Me Linh Square, Thanh Giong at Phu Dong Roundabout, and An Duong Vuong at Nguyen Tri Phuong Roundabout, which have degraded. New outstanding works include a statue of President Ho Chi Minh in front of the HCM City People's Committee Head Office, and Mau Tu (Mother and Child) in front of the Opera House. Seventy-six percent of statues feature Vietnamese leaders, veterans, and historic events. The others are about cultural leaders, legendary heroes, and regional heroes. More than half of statues are made from … [Read more...]

HCM City needs more statues, parks, squares to make public space pretty

HCM CITY (VNS) — Art critics, sculptors and officials from HCM City and neighbouring areas attending a seminar yesterday said the city should erect more sculptural works in public areas for landscaping purpose. The city needs more public spaces like parks, squares, schools and administrative centres, speakers at the seminars said. The city now has only 50 statues, and of these, 10 were built before 1975. They include statues of Tran Hung Dao at Me Linh Square, Thanh Giong at Phu Dong Roundabout, and An Duong Vuong at Nguyen Tri Phuong Roundabout, which have degraded. New outstanding works include a statue of President Ho Chi Minh in front of the HCM City People's Committee Head Office, and Mau Tu (Mother and Child) in front of the Opera House. Seventy-six per cent of statues feature Vietnamese leaders, veterans, and historic events. The others are about cultural leaders, legendary heroes, and regional heroes. More than half of statues are made from cement with steel, 20 per … [Read more...]

Contest on charming Vietnamese students launched

PANO - A contest to discover the most charming female Vietnamese students in 2015 was jointly launched on August 17 in Hanoi by the Central Committees of Vietnamese Youth Union and Vietnamese Students’ Association, Thanh Giong Knowledge Portal, Centre for Supporting and Developing Vietnamese Students, and IMC Group. At the event. Photo: vov.vn Themed "The beauty of smartness", the contest aims to honor the beauty of female Vietnamese students, especially the beauty of intelligence, talent and confidence, in contribution to encouraging students to actively study and take part in social activities. Unmarried female students, aged 18-24, 1.60m in height or higher, studying at universities and colleges nationwide and living a good lifestyle are eligible to compete in the contest. Applications, downloaded from thanhgiong.vn or VMU.vn, can be sent to the Thanh Giong Knowledge Portal at 64 Ba Trieu Street, Hoan Kiem district, Hanoi, by the end of October 17th. Translated by Ha … [Read more...]

National history a child’s play

Making history: Trung Nu Vuong (The Heroic Trung Sisters) is part of Toi Yeu Lich Su Viet Nam (I Love Viet Nam's History), an IDECAF theatre production for children. — VNS Photo Thanh Hiep

HCM CITY (VNS) — IDECAF Stage, HCM City's leading drama troupe, is performing a children's play about historic Vietnamese figures every weekend until July 30. The play, Trung Nu Vuong (The Heroic Trung Sisters), features the Trung sisters, Trung Trac and Trung Nhi, two of the country's most popular heroines who led the Vietnamese in their fight against Chinese rule in 40AD. Nearly 200 children attended the opening at Tran Cao Van Drama Stage last weekend. Young audiences were rapt with wonder while veteran and young actors, such as Dinh Toan, Thanh Loc and My Duyen, displayed skills in music, dance, pantomime and circus tricks. "Costume designers and specialists in sound and light added a realistic element to the play through beautiful clothes, accessories and interior design suited to the play's theme," said the play's director Vu Minh. Ticket buyers had to stand in long lines at the box office. Minh is one of the city's young talents who have worked to create a new style … [Read more...]

Social News 22/6

Environment projects to get 3.6% loans The Viet Nam Environment Protection Fund has announced loans at 3.6 per cent interest for environment protection projects, according to a media report. Thoi Bao Kinh Doanh (Business Newspaper) reported that the loans would be for up to 10 years and worth 70 per cent of the project cost. The fund, managed by the Ministry of Natural Resources and Environment, will also give priority to projects to treat waste at industrial parks, factories and workshops, domestic waste, and exhaust emissions. Projects using environment-friendly and energy-efficient technologies and equipment are also eligible for the preferential loans. The VEPF normally lends at 5.4 per cent to environment protection activities. Insiders said that the loans at 3.6 per cent interest are meant to support enterprises and investors involved in environment protection since projects of this nature always require huge investments. Thus, the loans could play a key role in the … [Read more...]

Social News 21/6

HCM City gets high-level People's Procuracy A high-level People's Procuracy in HCM City has been established under a resolution of the Standing Committee of the 13th National Assembly. The NA on May 28 passed Resolution 953, based on the 2014 People's Procuracy Organisation Law. Under the resolution, the Supreme People's Procuracy appointed Nguyen Van Quang as the director of the high-level People's Procuracy. The Procuracy exists on four levels: district, province, high-level (for three centrally governed cities – HCM City, Ha Noi and Da Nang) and supreme. Also appointed were four deputy directors of the high-level People's Procuracy: Vo Van Them, Nguyen Thanh Son, Nguyen The Thanh and Le Xuan Hai. Nguyen Van Quang, director of the high-level People's Procuracy in HCM City, said the high-level People's Procuracy in HCM City had been established on the basis of Appeal Procuracy 3. In addition to exercising the right of prosecution and supervisor of judicial activities for … [Read more...]

New sluice gate helps water rice fields in Ben Tre

An irrigation sluice gate officially began operating in the Mekong Delta province of Ben Tre on June 19, aimed at preventing salinisation and supplying fresh water for local farmers. The Son Doc 2 sluice, located in Hung Le Commune, Giong Trom District, is part of the Northern Ben Tre Irrigation Project. Project director Do Van Nhan said the Son Doc 2 sluice, built with an investment of 150 billion VND (roughly 6.8 million USD), is a very important component of the bigger project, helping supply fresh water for 11,000ha of agricultural land in the districts of Giong Trom and Ba Tri. Overall, the Northern Ben Tre Irrigation Project is expected to prevent saline water intrusion while irrigating 140,000ha of crops and providing 20,000ha of water surface for aquaculture in the districts of Binh Dai, Ba Tri, Giong Trom and Chau Thanh, and Ben Tre City. Cao Van Trong, Chairman of the provincial People's Committee, said at the sluice inauguration ceremony that in recent years, the … [Read more...]

Ben Tre sluice gate to rehydrate local farms

BEN TRE (VNS)— An irrigation sluice gate officially began operating in Ben Tre Province's Giong Trom District yesterday, aimed at preventing salination and supplying fresh water for local farmers. The Son Doc 2 sluice, located in Hung Le Commune, is part of the Northern Ben Tre Irrigation Project. Project director Do Van Nhan said work began on the Son Doc 2 sluice in March 2013 with a capital investment of VND150 billion (roughly US$6.8 million). He said it was a very important component of the bigger project, helping supply fresh water for 11,000ha of agricultural land in the districts of Giong Trom and Ba Tri. Overall, the project is expected to prevent saline water intrusion while irrigating 140,000ha of crops and providing 20,000ha of water surface for aquaculture in the districts of Binh Dai, Ba Tri, Giong Trom and Chau Thanh, and Ben Tre City. It will also help develop road and waterway transportation in the Cuu Long (Mekong) Delta province. Officials said the supply … [Read more...]

Innovation and Creativity: Driving Force for Sustainable Development

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After nearly 10 years doing business in Hoa Binh province, An Thinh Hoa Binh Real Estate Joint Stock Company has left remarkable imprints in urban and industrial infrastructure construction. Its Luong Son Industrial Park is a bright spot in investment attraction in Hoa Binh province. But for more than a year now, An Thinh Hoa Binh decided to invest in a new trend. Vietnam Business Forum interviewed Mr Vu Duy Bong, Chairman of An Thinh Hoa Binh Real Estate Joint Stock Company and Member of VCCI Executive Committee of the sixth term. Nguyet Tham reports.As a business leader, how do you assess VCCI’s positions and roles in business support and development promotion in the past term? VCCI has an important role in the business community, which is convincingly evidenced by its gathering of over 110,000 direct and indirect members. Remarkably, top companies of different economic sectors are VCCI members. The 5th VCCI term (2008-2013) is a testing period of the Vietnamese economy and … [Read more...]

Relic and legendary Vietnamese hero captured in photos

Two stone dragons at the entrance to the Phu Dong Temple. Photo:Tuoi Tre

A recent trip by a Tuoi Tre (Youth) newspaper reporter has offered a fascinating glimpse of an age-old relic complex on the outskirts of Hanoi which is home to a legendary young hero and a UNESCO-recognized festival held to pay tribute to him. Located only 20 kilometers from the heart of the Vietnamese capital, Phu Dong Commune in Gia Lam District is legendarily believed to be where Thanh Giong, one of the four immortal heroes in Vietnamese folklore, was born and defeated Chinese invaders. As legend has it, Thanh Giong’s mother conceived him soon after she put her foot into a huge footstep. At three years old, Thanh Giong remained unable to speak or walk. To his mother’s and everyone else’s astonishment, the little boy insisted his mother notify the king’s emissary of his intention to defend his country against the invaders. Within an instant, the little boy grew into a brawny young man. After triumphing over the enemy, Thanh Giong soared from the Soc … [Read more...]

Relic associated with legendary Vietnamese hero captured in photos

After a countryside market session, locals gather for some rest at the foot of the Phu Dong Temple. Photo:  Tuoi Tre     Two stone dragons at the entrance to the Phu Dong Temple. Photo:

A recent trip by a Tuoi Tre (Youth) newspaper reporter has offered a fascinating glimpse of an age-old relic complex on the outskirts of Hanoi which is home to a legendary young hero and a UNESCO-recognized festival held to pay tribute to him. Located only 20 kilometers from the heart of the Vietnamese capital, Phu Dong Commune in Gia Lam District is legendarily believed to be where Thanh Giong, one of the four immortal heroes in Vietnamese folklore, was born and defeated Chinese invaders. As legend has it, Thanh Giong’s mother conceived him soon after she put her foot into a huge footstep. At three years old, Thanh Giong remained unable to speak or walk. To his mother’s and everyone else’s astonishment, the little boy insisted his mother notify the king’s emissary of his intention to defend his country against the invaders. Within an instant, the little boy grew into a brawny young man. After triumphing over the enemy, Thanh Giong soared from the … [Read more...]