(CPV) - Vietnam Medical Equipment Corporation (VINAMED) received certificate of investment decision acceptance for high-quality medical services center at Thanh Hoa General Hospital during the Thanh Hoa Investment Promotion Conference 2017. The VND739 billion-project will be executed under a socialization investment method with the joint venture between Thanh Hoa General Hospital and VINAMED as the investor. It is among the most important contents in the scheme of restructure and development of Thanh Hoa province service by 2020 with a orientation to 2025, and matches up with the comprehensive planning for healthcare sector adjustment by 2020 with a vision to 2030. According to Mr. Pham Quang Huy, Chairman of the Board of Director of VINAMED, investment in hospital and clinic infrastructure is one of meaningful social activities VINAMED always nurtures, and is committed to doing its best for public healthcare with most practical activities. That is the second healthcare unit where … [Read more...]

In his message to the Russian President, which was read by Major General Tran Minh Son, head of the Vietnam Military Attaché Agency in Russia, at the funeral service for Gorbatko in Moscow on May 19, President Tran Dai Quang said that the passing away of Gorbatko is a great loss of both Russia and Vietnam. The Party, State and people of Vietnam highly value contributions that Gorbatko made to the development of the Vietnam-former Soviet Union ties in the past and the Vietnam-Russia strategic partnership recently. Astronaut Viktor Gorbatko passed away on May 17 at the age of 83 after an illness. He was born on December 3, 1934 and grew up in Northern Caucasus of Russia. He flew to the space three times in 1969, 1977 and 1980. In his last flight on July 23, 1980, he was accompanied by first Vietnamese cosmonaut Pham Tuan in the "Union-37" spaceship that was launched from Baikonur and returned to the ​Earth on July 31, 1980. The flight became a historical event of both countries, marking … [Read more...]

According to the plan of the municipal People’s Committee, activities to celebrate the 50th anniversary of the Vietnam – Cambodia diplomatic ties (June 24, 1967 – June 24, 20107) will be organised in June. Meanwhile, meetings to celebrate the 40th anniversary of the signing of the Vietnam-Laos Treaty of Amity and Cooperation (July 18, 1977 – July 18, 2017) and 55 years of the two countries’ diplomatic ties (September 5, 1962 – September 5, 2017) will take place in July. The city will organise events to exchange experience in operation of people’s councils at levels, agriculture and finance between authorised agencies of Vietnam and Laos. The municipal education and training department will provide scholarships to Cambodian and Lao students in the city while taking measures to improve training quality. Disadvantaged patients in some Lao and Cambodia localities will be provided with eye check-ups and surgeries. In terms of trade relations, … [Read more...]

The only survivor in a recent truck accident that claimed two lives in the northern province of Hoa Binh was left speechless seeing locals rush out to loot products on the vehicle, instead of helping them. The only survivor in a recent truck accident that claimed two lives in the northern province of Hoa Binh was left speechless seeing locals rush out to loot products on the vehicle, instead of helping them. A truck was transporting rice bran on the National Highway 6 in Quy Hau Commune in Tan Lac District at around 1:45 am on Thursday when the driver lost control and crashed into a mountain. Only one of the three people in the cabin survived the crash, albeit with multiple injuries. The sole survivor immediately called for help, only to see dozens of local residents and passers-by jostle to the street to loot the bran bags scattered around the road, he recalled. Some of the looters even deployed cargo motorbikes to take home as much of the rice bran as they could. A police team … [Read more...]

Workers attend the Excellent Skills Competition held by Gia Định Textile & Garment Corporation. -VNA/VNS Photo Thanh Vũ Viet Nam News Gia Lộc HCM CITY - Nguyễn Thị Lương, 34, of Cầu Tre Export Goods Processing Joint-Stock Company has shown creative skills in her work to help raise labour productivity for her company. Lương, a graduate of Food Industry College's two-year training course in chemistry, has helped improve molds for compressed tea and knives for cutting bitter melons. The molds for compressed tea, which have been used since April 2012, have raised productivity from an average of eight tea bricks made per hour to 13 per hour. Lương's initiative helped save VNĐ100 million (US$4,385) in a five-month period. In 2012, Lương also conducted research on knives to cut bitter melons, but initially her results weren't successful. Nevertheless, her company's managers encouraged her to continue. Named one of "60 excellent young workers" in the country this year, she was … [Read more...]

Vietnam Medical Equipment Corporation (VINAMED) officially received the investment certificate to develop a high-quality medical services centre at Thanh Hoa General Hospital in the framework of Thanh Hoa Investment Promotion Conference 2017, which took place on May 18. Thanh Hoa enthusiastic over fated investments Nguyen Dinh Xung, Vice Secretary of the provincial Party Committee and Chairman of Thanh Hoa People’s Committee, seeks to promote the province as a top tier destination for investors. The project has a total investment value of VND739 billion ($32.55 million) by Thanh Hoa General Hospital and VINAMED. The project is a paramount item in the plan of restructuring and developing healthcare services in the central province of Thanh Hoa by 2020 with vision to 2030, and is in line with Vietnam's comprehensive planning for the healthcare sector by 2020 with vision to 2030. Pham Quang Huy, chairman of the VINAMED board of directors, said the investment in the … [Read more...]

Hanoi is home to 25 of the 60 real estate projects in 10 cities and provinces that the Ministry of Finance (MoF) proposed the Government Inspectorate to investigate for signs of violations. RELATED CONTENTS: Government leaders have asked MoF to submit a list of 60 real estate projects in ten cities and provinces to the Government Inspectorate for investigation under the 2017 schedule approved by the prime minister. The 60 real estate projects or land plots on the list were formerly managed by state-owned enterprises, and were approved to change the land use purposes between July 2014 and November 2016. After the changes of land use purposes, the plots were used to implement major projects. The land use or lease fees the developers pay is far under the market value, resulting in losses to the state budget. Notably, on this list sent by MoF, Hanoi has the largest number (25) of real estate projects referred for inspection, belonging to companies such as Vietnam Investment and … [Read more...]

A list of all housing projects in which foreign organisations and individuals are not allowed to make purchases is being publicised by local authorities at the urgent bidding of the government. This breeze of transparency is considered a positive step towards encouraging foreigners to purchase accommodation and participate in the Vietnamese real estate business. According to the Housing Law 2014, which officially entered into force in 2015, all foreign organisations or individuals with a valid visa are eligible for homeownership in Vietnam. However, foreign ownership is limited in special areas, excluding purchasers from land plots directly related to the army, national defence or national security. The Ministry of Construction (MoC) has stipulated that all information related to foreign homeownership must be made public and posted on the web sites of provincial departments of Construction. MoC also stressed that if any foreign organisation or individual faces problems in the pursuit … [Read more...]

HANOI, May 18 - Coffee market in Vietnam was slow as bid-ask spreads were wide, resulting in several unmatched orders, while discounts in Indonesia narrowed after a holiday, traders said on Thursday. HANOI, May 18 - Coffee market in Vietnam was slow as bid-ask spreads were wide, resulting in several unmatched orders, while discounts in Indonesia narrowed after a holiday, traders said on Thursday. Exporters quoted the 5 percent black and broken grade 2 robusta in Vietnam, the world's top robusta maker, at $20-$40 premium a tonne to London's ICE July contract , up from US$10-20 premiums last week, traders said. "At this price, buyers and sellers' offers don't match ... so the market is very quiet," said Phan Hung Anh, deputy director of Anh Minh Co, a coffee-trading firm based in Dak Lak, Vietnam's largest coffee-growing province. Importers, who seem to have enough beans in stock and have been bearing large financial costs due to recent price hikes in London market, are offering at a … [Read more...]

Viet Nam News HÀ NỘI - Trade Counsellor of the Việt Nam Embassy to the United Arab Emirates (UAE) has warned Vietnamese fruit export firms not to have transactions with 13 import companies in the UAE. These import companies have been reported for swindling, several of which were sued in court for not paying money to exporters, according to the trade counsellor in a notice published on the website of the Ministry of Industry and Trade on Thursday. In July 2016, the trade counsellor warned about several ways of swindling and trade frauds by the UAE fruit import companies. The lack of understanding about the UAE market, culture, trading modes and consumer habit caused a lot of difficulties and implied significant risks for Vietnamese firms when exporting to Dubai. Việt Nam's fruit and vegetable exports to the UAE grew from US$14.2 million in 2014 to $16.2 million in 2015 and $22.8 million in 2016. - VNS The list of import firms that Vietnamese firms were advised not to have … [Read more...]

VietNamNet Bridge - Mekong Delta farmers experienced the worst dry season in history in 2016, and are now facing another severe season in 2017. A report from the General Department of Irrigation shows that in the 2016 dry season, farmers in the southern part of the central region had to stop cultivating 23,000 hectares of rice because of the lack of water. The drought affected 43,000 hectares of industrial crops in the Central Highlands and the eastern part of the southern region. Meanwhile, a report of the Department of Agricultural Economics showed that 300,000 households lacked water for daily life in the dry season last year. Le Van Hieu, Soc Trang province deputy chair, said drought and saline intrusion affected 31,000 hectares and caused damages worth VND900 billion. Other localities reported damages worth VND15 trillion, despite great efforts to mitigate the consequences from the natural calamity. Mekong Delta farmers experienced the worst dry season in history in 2016, … [Read more...]

The forum on Australia-Vietnam Young Leadership Dialogue (AVYLD), the first of its kind, focused on innovation in the leadership role in the 21st century, education, business and national development. The participants shared their own success or failure stories and their ways to overcome challenges and make the best use of opportunities. Addressing the forum, Australian Foreign Minister Julie Bishop highlighted the close relations between Vietnam and Australia. The two countries share many interests in the Asian-Pacific region and a joint commitment to boosting their economic ties, she said. She described the connectivity created by the AVYLD as an important momentum contributing to consolidating the bilateral relationship, saying the forum has created a venue for the most talented youths of the two countries to cooperate with each other. Duong Hoai Nam, Chargé d'Affaires of the Vietnamese Embassy in Australia, hailed the initiative to establish the AVYLD, especially in the … [Read more...]

Labeled a traitor by President Donald Trump, Manning is seen by many Americans as a courageous rights activist for revealing US army secrets. Chelsea Manning, the transgender army private jailed for giving US secrets to WikiLeaks, said Wednesday she was looking to put the past behind her as she walked free from a maximum-security prison in Kansas. "After another anxious four months of waiting, the day has finally arrived. I am looking forward to so much!" Manning, whose sentence was commuted by former president Barack Obama, said in a statement via her legal team. "Whatever is ahead of me, is far more important than the past," said the 29-year-old, who served seven of a 35-year sentence over one of the largest leaks of classified documents in US history. "I'm figuring things out right now -- which is exciting, awkward, fun, and all new for me." Manning "has been released from the United States Disciplinary Barracks" at Fort Leavenworth, U.S. Army spokeswoman Cynthia Smith said in … [Read more...]

Viktor Gorbatko blasted into the cosmos with Pham Tuan, the first Asian to go into outer space, in July 1980. Russian cosmonaut Viktor Gorbatko, who accompanied Vietnam's legendary first spaceman Pham Tuan, passed away in Moscow on Wednesday at the age of 82, Russian news agency TASS reported. TASS cited an industry source as saying that Gorbatko died in the intensive care unit at a hospital where he had been staying for the past two weeks. Gorbatko was part of the first Soviet cosmonaut training camp in 1960 and ventured into outer space in 1969, 1977 and 1980. Pham Tuan was part of the crew in July 1980 and became the first Asian to travel into outer space. At the time he was a research cosmonaut in the joint USSR-Vietnamese Space Program. The 70-year-old is now a retired lieutenant general and director of the General Department of Defense Industry under the defense ministry. Related News: China simulates extended moon stays amid space drive 'Awesomesauce,' proclaims US … [Read more...]

To mark the 70th Day for Wounded Soldiers and Martyrs (July 27th), Hanoi has given support worth VND402 billion to build and repair houses for 7,566 revolutionary contributors. The information was announced during a press conference by the city Party Committee on May 16th. According to Nguyen Quoc Khanh, Deputy Director of the city Department of Labor, War-Invalids and Social Affairs, each built house has received VND70 million and each repaired house has been provided with VND35 million in support. According to reports, as of May 10th, the building and repairing of houses were completed for 4,825 families. “The housing support will be completed before July 27th,” Mr. Khanh confirmed. Together with housing support, Hanoi will also issue specific solutions to help poor and nearly-poor revolutionary contributors’ families have access to production loans and employment. From now until July 27th, the city will visit and give presents and medical treatment to wounded … [Read more...]

Viet Nam News ĐÀ NẴNG - The central city's People's Court rejected poacher Nguyễn Văn Lý's appeal of a three-year conviction at a hearing on Monday. Lý was sentenced by Sơn Trà district people's court last year for killing two Red-Shanked Doucs in the Sơn Trà Nature Reserve. The court said Lý had violated regulations on hunting and killing endangered species under the list of protected animals of the Governmental Decree No 32. Lý, 29, along with his wife, his father and two other accomplices, hunted illegally in the Sơn Trà Nature Reserve in Đà Nẵng for one month in 2015. The group killed five wild animals, including two endangered Red-Shanked Doucs (Pygathryx nemaeus) - a kind of langur that was declared endangered by the International Union for Conservation of Nature in 2013, and the Red Book of Việt Nam. Rangers from the Sơn Trà-Ngũ Hành Sơn's Forest Protection Department caught them with 100 traps and 3.11kg of dried meat, bone, skin and fur of the wild animal at their … [Read more...]

In recent years, automation has revolutionised the way products are manufactured and assembled, shifting the production paradigm to a more mechanical approach. General director of Misumi Vietnam Co. Ltd., Yasuo Shimokura, spoke with VIR’s Phuong Thu about industrial production trends and trade in Vietnam. As the leading manufacturer and distributor of standard components for factory automation, what is your company’s strategy in Vietnam? Misumi is a one-stop solution provider for various manufacturing needs. We are proud to be the leading manufacturer and distributor of standard components for factory automation, press dies, and plastic moulds. Furthermore, we have expanded our scope to include electronics, tools, maintenance and repair, and operational consumables. Our firm supplies more than 10 million quality products to our customers worldwide. To meet the growing demand for Misumi products in the region, Misumi Vietnam Co., Ltd. was established in July 2016. This … [Read more...]

HÀ NỘI - The Việt Nam General of Agriculture Material Corporation Limited (Vigecam) plans to offer over 6.3 million shares in its IPO on July 19. The company will offer its shares at the starting price of VNĐ10,100 (44 US cents) per share. The IPO is a part of the company's equitisation plan, which is expected to increase Vigecam's chartered capital to VNĐ220 billion. Beside the 6.3 million shares to be sold in the IPO, 15.4 million shares or 70 per cent of capital will be sold to strategic investors and the rest of total shares will be sold to employees and the labour union. After the equitisation, the State will no longer be a shareholder of the company. Vigecam, founded in 1960, is one of the largest providers of agricultural materials in Việt Nam. The company imports and supplies agricultural materials, including fertiliser, tea, domestic agricultural products and machinery for agricultural production. Every year, the corporation distributes a vast quantity of chemical … [Read more...]

HÀ NỘI - Thiên Long Group (TLG) held its 2017 annual shareholders' meeting yesterday, announcing a 15 per cent residue dividend from 2016 would be dispersed this year. The company's dividend for 2017 would amount to 20 per cent of total earnings, while in 2016 the figure was 30 per cent in cash. Fifteen per cent were paid last year, leaving the rest to be paid in July 2017. TLG also reported its business plan this year to include an expected revenue of VNĐ2.45 trillion ($109.5 million), post tax income of VNĐ265 billion ($11.84 million), up by 13 and 10 per cent compared to 2016, respectively. The board approved TLG's plan to issue more than 11.4 million shares with a 10:3 ratio to increase charter capital from VNĐ383 billion to VNĐ498 billion ($17.11 million to $22.25 million) in the third quarter of 2017. This year meeting also announced TLG's plan to increase foreign investors' percentage of ownership from 49 per cent to 100 per cent. - VNS … [Read more...]

Heroic Vietnamese mothers and war invalids will receive VND1 million each, double the amount last year, while a total VND761 million (US$33,000) will be presented as gifts to invalids who are outstanding business owners in 30 communes and districts. A survey found that the city has 7,566 war-hero households that need funds for home repairs at a total cost of VND402 billion (US$17.4 million), with the State and city administration having agreed to provide VND230 billion (US$10 million). As of May 10, 4,825 households had completed home building or repairs, 63.8 percent of the total, while 2,205 others are in the process, or 29.1 percent, and the remaining 486 will complete it before July 27. On the occasion, a commemorative ceremony and a conference to honour individuals and organisations who served the nation will be held. The municipal People’s Committee asked authorities of districts, communes and townships to ensure social welfare is provided to war heroes and their … [Read more...]