Philippines upholds ban on open-pit mining

The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority. In a report sent to the Prime Minister, the finance ministry said that the Prime Minister had approved a development plan for the coal sector to ensure reduction of coal exports and export for kinds of coal for which the domestic market does not have a demand. He approved a plan on exporting two million tonnes of coal per year for the period of 2017-20. Coal has had many kinds of tax rates, ranging from 10 per cent to 45 per cent. The coal export tariff stands at 10-15 per cent. Anthracite coal, with an export tax rate at 10 per cent, is the lowest under the National Assembly’s tax rate frame. Therefore, the coal industry’s proposal on cutting the rate under 10 per cent is beyond the authority of the Government as well as the Prime Minister, the ministry said. Under the Law on environmental protection, environmental protection tax rate for coal is between VND10,000-30,000 per tonne. According to Resolution 1269 issued by the Standing Committee of the National Assembly, the environment protection tax rate is VND10,000 per tonne of brown coal and coking coal and VND20,000 per tonne of anthracite coal. These rates are the lowest level allowed by National Assembly’s regulations, reported vietnamnet.vn. The National Assembly had not proposed to adjust those tax rates as part of the amended Law on environmental…... [read more]

The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority. (Photo:  nangluongvietnam.vn)   Hanoi (VNS/VNA) - The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority. In a report sent to the Prime Minister, the finance ministry said that the Prime Minister had approved a development plan for the coal sector to ensure reduction of coal exports and export of kinds of coal for which the domestic market does not have a demand. He approved a plan on exporting two million tonnes of coal per year for the period of 2017-20. Coal has had many kinds of tax rates, ranging from 10 percent to 45 percent. The coal export tariff stands at 10-15 percent. Anthracite coal, with an export tax rate at 10 percent, is the lowest under the National Assembly’s tax rate frame. Therefore, the coal industry’s proposal on cutting the rate under 10 percent is beyond the authority of the Government as well as the Prime Minister, the ministry said. Under the Law on environmental protection, environmental protection tax rate for coal is between 10,000-30,000 VND per tonne. According to Resolution 1269 issued by the Standing Committee of the National Assembly, the environment protection tax rate is 10,000 VND per tonne of brown coal and coking coal and 20,000 VND per…... [read more]

The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority. — Photo nangluongvietnam.vn The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority. In a report sent to the Prime Minister, the finance ministry said that the Prime Minister had approved a development plan for the coal sector to ensure reduction of coal exports and export for kinds of coal for which the domestic market does not have a demand. He approved a plan on exporting two million tonnes of coal per year for the period of 2017-20. Coal has had many kinds of tax rates, ranging from 10 per cent to 45 per cent. The coal export tariff stands at 10-15 per cent. Anthracite coal, with an export tax rate at 10 per cent, is the lowest under the National Assembly’s tax rate frame. Therefore, the coal industry’s proposal on cutting the rate under 10 per cent is beyond the authority of the Government as well as the Prime Minister, the ministry said. Under the Law on environmental protection, environmental protection tax rate for coal is between VND10,000-30,000 per tonne. According to Resolution 1269 issued by the Standing Committee of the National Assembly, the environment protection tax rate is VND10,000 per tonne of brown coal and coking coal and VND20,000 per…... [read more]

The 32-year-old Japanese, who is known for walking through 20 countries the last decade to promote peace and environment messages, provided lectures and planted trees with students at RMIT University on June 29. It was his fourth visit to Vietnam. The last time, he walked more than 500 miles from Ho Chi Minh City to Bangkok in 2010. Yuji said that through the years, he has seen more young people started to become engaged in peace and environment protection activities. “Young generations have started actions through their great awareness of global responsibility for future generation and their country,” he said in an email. “It is a great sign.” He said during his latest visit, many young students groups invited him to join their campaigns calling for the use of eco-friendly bags. But on the other hands, he said, the city government has left urban development and its population expansion taking over a lot of green spaces. “Compared with the old city center, many new areas of Ho Chi Minh City do not have much nature.” Green living Ho Chi Minh City is one of a few Asian cities that still have huge old trees on its main streets and big green parks, he said, sharing the opinion of many foreign tourists to the city. But its ongoing urban development including the first metro line and new connections to the new urban area in District 2 has put a heavy toll on many trees, some of which are around a century…... [read more]

In the first half of this year, Vietnam’s export turnover is estimated to have reached US$42.3 billion (up 30 percent over the same period last year) and accounting for 53 percent of the yearly plan. With the prices of export products such as coffee, rubber, cashew nut and tea (exclusive of rice) increasing, 11 key items of farm produce and seafood earned more than US$1 billion. Vietnam plans to export about 800,000 tonnes of rubber worth US$3 billion in export revenue in 2011, a remarkable increase in both volume and value over 2010. Despite a decline in crude oil and coal exports, Vietnam’s export turnover in the past six months was still higher than last year’s corresponding period. Industrial products achieving high export growth included chemical and plastic products, bags, suitcases, footwear, steel and iron. However, some other products such as computer components, spare parts, electrical wires and cables failed to achieve export growth as high as expected. Therefore, incentive policies should be adopted to boost the export of these products in the second half of the year. On account of high export growth in the first half, the trade deficit dropped to a five-year record low, accounting for only 15.7 percent of total export turnover, even lower than the set target of 16 percent. To ensure export growth, Vietnamese businesses are still finding themselves in a difficult position. The Deputy General Director of the Vietnam National Textile and Garment Group (VINATEX) Le Tien Truong said despite some progress in…... [read more]

This Convention now became the primary instrument governing the conduct of States in their uses of the ocean. The adoption of the 1982 United Nations Convention on the Law of the Sea met the desire and expectations of the international community for a fair international legal framework related all issues on the sea and ocean, including seabed and the subsoil of the submarine areas. The process of negotiation of the UNCLOS took years to be completed with efforts of over 150 states and international organizations, including NGOs. To date, 164 States are party to the UNCLOS. The UNCLOS is a constitutive multilateral treaty, setting out the rights and obligations of States and other international actors in different maritime areas and in relation to various uses of the ocean. Therefore, the Convention is accepted by such a large number of states, including land-locked ones. The UNCLOS laid the foundation for the establishment of a new legal order for issues related to the sea and ocean. It comprehensively covers all sea-related areas, taking into account the interests of all states in the world, be they developed or developing, large or small, coastal or land-locked. Since its entry into force on November 16, 1994, the UNCLOS has become an important legal basis for regulating maritime issues as well as an important legal instrument for settling and dealing with sea-related disputes. That is why the UNCLOS is considered as “A Constitution for the Oceans”. Throughout its 30 years of existence, the UNCLOS has been…... [read more]

In his opening address, Vu Van Hien, director general of Vietnam Television (VTV), noted said that Vietnam attaches great importance to expanding its cooperation with international organisations, including the CIRTEF. He said that as the current global economic crisis is taking its toll on many economies, it is essential to promote the broadcasting industry’s role as a driving force behind community development. He said that in this context, the CIRTEF should help its member broadcasters address global issues, including climate change, environment protection, poverty reduction and the settlement of disputes Taking the floor, Deputy Prime Minister Nguyen Thien Nhan affirmed that the Vietnamese government highly values the important role of the media, including radio and television, and creates the best possible conditions for them to develop and integrate into the world. He said that Vietnam has more than 700 media agencies with 15,000 professional journalists. Radio the Voice of Vietnam (VOV) and Vietnam Television (VTV) are among the leading national media agencies whose broadcasts reach more than 99 percent of the country’s population. Both agencies have increased airtime and the quality of their programmes to meet public demand for information, including international friends and Vietnamese nationals residing abroad. He hoped that during the two-day meeting, delegates will share experiences and work out specific and practical plans of action to strengthen cooperation and narrow the gap between countries in the northern and southern hemispheres. The representative of the International Francophone Organisation (OIF), Paul Charlemagne, said that at the meeting, radio and…... [read more]

According to the foundation’s survey, climate change is affecting lives in all 25 communes in Quang Nam province where vulnerable farmers in the coastal, mountainous and lowland areas rely heavily on agriculture and fishing industry. Most of those interviewed said they often lacked timely information on upcoming disasters and did not have access to Government policies regarding natural disasters preparedness and CC adaptation. The survey also found that local authorities had similar problems, and lacked proper facilities in their work. Le Hue, head man of Binh An Tay Commune, said, “ We have about 15 young, strong men for rescue missions, but they don’t have motorized boats or life jackets.” In these areas 90 percent of houses are made of bamboo or wood, and are simply not strong enough to resist the regular onslaught of storms and floods. As a result, 66 percent of interviewees’ houses have been regularly damaged by floods and typhoons, according to the survey. Rural roads, irrigation systems, clean water systems, electrical power lines and bridges must be built of concrete in these 25 communities, said Ly Dinh Son, director of the Center for Business Entities and Community Development (CBC). The survey was conducted last year by the EMW, which included an extensive field study of 125 households in 25 communities in Quang Nam province, a coastal area especially vulnerable to rising sea levels, flooding and typhoons. Under the project, the foundation and the CBC conducted discussions with community representatives and local authorities on the impact…... [read more]

According to the foundation’s survey, climate change is affecting lives in all 25 communes in Quang Nam province where vulnerable farmers in the coastal, mountainous and lowland areas rely heavily on agriculture and fishing industry. Most of those interviewed said they often lacked timely information on upcoming disasters and did not have access to Government policies regarding natural disasters preparedness and CC adaptation. The survey also found that local authorities had similar problems, and lacked proper facilities in their work. Le Hue, head man of Binh An Tay Commune, said, “ We have about 15 young, strong men for rescue missions, but they don’t have motorized boats or life jackets.” In these areas 90 percent of houses are made of bamboo or wood, and are simply not strong enough to resist the regular onslaught of storms and floods. As a result, 66 percent of interviewees’ houses have been regularly damaged by floods and typhoons, according to the survey. Rural roads, irrigation systems, clean water systems, electrical power lines and bridges must be built of concrete in these 25 communities, said Ly Dinh Son, director of the Center for Business Entities and Community Development (CBC). The survey was conducted last year by the EMW, which included an extensive field study of 125 households in 25 communities in Quang Nam province, a coastal area especially vulnerable to rising sea levels, flooding and typhoons. Under the project, the foundation and the CBC conducted discussions with community representatives and local authorities on the impact…... [read more]

“The young generation should be tasked to promote fine bilateral relations which have been built up over the past 60 years,” said Hungarian Minister Counselor to Vietnam, Varaljai Marton, at a ceremony celebrating the 60th anniversary of Vietnam-Hungary diplomatic ties in Ho Chi Minh City on February 3. He said that in addition to US$35 million in Official Development Assistance (ODA), Hungary will continue offering Vietnam some 500,000 euros each year to educate students in natural sciences, health care, agriculture and technology. On the occasion, Marton highlighted Vietnam’s increasingly important role in the region and in the world as well as the nation’s efforts to build a market economy and a new legal foundation to facilitate investment and international economic cooperation. Le Minh Triet, Chairman of the municipal Vietnam-Hungary Friendship Association, thanked Hungary for helping Vietnam train over 4,000 people and expressed his hope the relationship would continue expanding to all fields, bringing about practical benefits for the two nations. Vietnam-Hungary trade grew by 34.5 percent annually in the 2005-2007 period, hitting a record US$100 million in 2008. Hungary mostly imported agricultural products, leather shoes, utensils and electronics from Vietnam. Hungarian businesses are now focused on tourism, information technology, healthcare, real estate, waste treatment and environment protection projects in Vietnam.... [read more]




Links Topics : http://news.c10mt.com/2017/07/philippines-upholds-ban-on-open-pit.html