PM asks Ha Tinh to become major industrial center

Prime Minister Nguyen Xuan Phuc at the event (Source: VNA)  Ha Tinh (VNA) – Prime Minister Nguyen Xuan Phuc held a working session with authorities of Ha Tinh on July 24 to discuss ways to build the central province into one of the major industrial hubs in the country. Speaking at the event, the PM underscored the importance of Vung Ang Economic Zone, which he said, should be developed into an industrial centre for not only Ha Tinh but also the central region in the near future. He suggested supplementing the provincial master plan, with a focus on Vung Ang Economic Zone, while continuing to improve business climate, facilitate businesses’ land access and save their time and costs. The Government leader called for further attention to support industry, engineering and chemical industries, tourism, disaster and climate change response. He asked Ha Tinh to continue monitoring two furnaces at the Taiwanese-invested Formosa steel plant and working closely with the Ministry of Natural Resources and Environment, ministries and agencies concerned to deal with environment protection violations at the company. Commenting on future tasks, he said the province needs to continue refining mechanisms, grasp opportunities and make breakthroughs to improve local livelihoods. Last year, the province’s gross regional domestic product grew 5.16 percent, including agriculture (down 3.4 percent), industry and construction (up 10.07 percent), and services (up 5.8 percent). The total State collections hit over 3.7 trillion VND (163.6 million…... [read more]

Prime Minister Nguyen Xuan Phuc (front, third, right) inspects the waste treatment system of Formosa on July 24 (Photo: VNA) Ha Tinh (VNA) – Prime Minister Nguyen Xuan Phuc has inspected the waste treatment area and production line of Hung Nghiep Formosa Ha Tinh Steel Limited Company (FHS) in Ha Tinh province, asking the firm must consider the environmental matter to be a vital factor to the implementation of its large-scale steel project. During his working session on July 24 leaders of FHS, which was responsible for the marine environmental incident in four central provinces last year, the PM said the steel plant has been so far the largest foreign investment project in Vietnam with over 11 billion USD; however, it caused the biggest maritime environmental incident in the country. He recognised the efforts of relevant ministries, sectors and localities in addressing the incident as well as  ensuring security, social order and safety, and socio-economic development in the four central affected provinces. Formosa had admitted its responsibility for the incident and seriously dealt with the consequences, he said, adding that the company is installing the latest equipment of environmental treatment. The moves have demonstrated the investor’s determination in their recovery work while affirming the Vietnamese Government’s viewpoint of facilitating operation of investors to do business successfully in the country, he added. He asked FHS to apply the new cutting-edge technologies and equipment in the production line to address the incident, adding that it…... [read more]

Mr. Liem required the Department of Transport to work with the city’s Steering Committee on Natural Resources Prevention, Search and Rescue, agencies and districts to survey areas highly prone to landslide and propose solutions to protect residents’ lives and properties. Before August 15, they should conduct surveys at 40 landslide spots, address problems while implementing counter landslide projects and put forward solutions to speed up their progress. In addition, Mr. Liem wanted them to suggest a scientific study plan to ensure the city’s proactivity in coping with landslide in following phases. The Department of Transport should work with its Inland Waterway Management Division to review the progress, capital, implementation mechanism and site clearance of 22 projects which the agency is investor. They should estimate reasons for behind schedule projects and report solutions to speed them up. At least three projects should be done this year, the remaining ones must be completed next year. Districts assigned to invest in 15 projects should focus on speeding up construction to soon open them for service. The city People’s Committee required the Department of Planning and Investment, the Department of Transport and the Department of Agriculture and Rural Development to study regulations to implement a project to handle a landslide spot in Hiep Phuoc commune, Nha Be district and other urgent works with a specific mechanism. These agencies should guide investors to implement projects in line with current regulations and report to the city committee within ten working days. The Department of Finance…... [read more]

Mr. Liem required the Department of Transport to work with the city’s Steering Committee on Natural Resources Prevention, Search and Rescue, agencies and districts to survey areas highly prone to landslide and propose solutions to protect residents’ lives and properties. Before August 15, they should conduct surveys at 40 landslide spots, address problems while implementing counter landslide projects and put forward solutions to speed up their progress. In addition, Mr. Liem wanted them to suggest a scientific study plan to ensure the city’s proactivity in coping with landslide in following phases. The Department of Transport should work with its Inland Waterway Management Division to review the progress, capital, implementation mechanism and site clearance of 22 projects which the agency is investor. They should estimate reasons for behind schedule projects and report solutions to speed them up. At least three projects should be done this year, the remaining ones must be completed next year. Districts assigned to invest in 15 projects should focus on speeding up construction to soon open them for service. The city People’s Committee required the Department of Planning and Investment, the Department of Transport and the Department of Agriculture and Rural Development to study regulations to implement a project to handle a landslide spot in Hiep Phuoc commune, Nha Be district and other urgent works with a specific mechanism. These agencies should guide investors to implement projects in line with current regulations and report to the city committee within ten working days. The Department of Finance…... [read more]

NDO – Formosa should regard the environmental issue as crucial to its survival, said Prime Minister Nguyen Xuan Phuc, during his July 24 working session with leaders of the Hung Nghiep Formosa Ha Tinh Steel Co. Ltd. (FHS), which was responsible for the severe sea environmental incident in four provinces across central Vietnam last year. Addressing the event in Ha Tinh province, the PM noted that despite being the largest foreign investment project in Vietnam, with capital of over US$11 billion, Formosa Ha Tinh also caused the largest environmental disaster the country has ever witnessed. He recognised the efforts exerted by the relevant ministries, sectors and localities in overcoming the consequences of the Formosa-related incident, as well as in ensuring social security and order and the normal socio-economic development activities in the four affected provinces, in the central region. Evaluating the outcomes of Formosa’s incident recovery work, the Government leader said that the company has taken full responsibility and has seriously dealt with the aftermath, with 52 of its 53 basic environmental violations being addressed and a modern environmental treatment system installed. These moves have demonstrated the investor’s determination in their recovery work, whilst affirming the Vietnamese government’s stance of providing favourable conditions for investors to conduct business successfully in the country, he added. The PM asked FHS to apply advanced technologies and modern equipment in its production line, in order to fully address its violations in terms of both machinery and social responsibilities, whilst expressing his belief that the…... [read more]

Scientists are compiling a crop structure map for the Mekong Delta to counter growing climate change impact in the region known as the country’s food granary. Farmers till a field in the southern city of Cần Thơ. Scientists are compiling a crop map for the Mekong Delta to counter the growing climate change impact in the region. - VNA/VNS Photo Duy Khương The plan will determine which crops would be cultivated and on what scale based on annual weather and natural disaster predictions, said Nguyễn Hồng Sơn head of the Department of Cultivation under the Ministry of Agriculture and Rural Development. "The map will help authorities and farmers prepare appropriate production plans," he told a seminar in Cần Thơ Province last week. However, Sơn cautioned that the plan cannot cover the entire region, just the large sub-regions of the Đồng Tháp Mười and Long Xuyên quadrilateral, Cà Mau Peninsula, coastal areas, and alluvial zones. Bùi Tân Yên, a scientist from the Research Programme on Climate Change, Agriculture, and Food Security (CCAFS), explained the vulnerability of the Mekong Delta region to adverse climate change impact, especially extreme drought, flooding, and salt intrusion. Yên said a wealth of research on natural disaster risks has not been “utilised well” to devise early warning systems and plans for coping with disaster. Since there are varying natural characteristics, production practices and infrastructure development levels in the sub regions…... [read more]

Hydropower dam breach risk remains high Ngoc Lan By Ngoc Lan - The Saigon Times Daily HANOI - Local citizens are facing the risk of hydropower dam breach despite the availability of many legal documents and directives on safe hydropower plant operations and reservoir operation processes, said delegates at a meeting in Hanoi City on August 6. Hydropower dam safety has become a topic of public debate after a hydropower dam in the Central Highlands province of Gia Lai broke open again last week, causing flash floods that destroyed hundreds of hectares of crops and caused huge asset damage for locals. Speaking at a meeting organized by the Ministry of Industry and Trade, Nguyen Ngoc Hoi, vice chairman of Thanh Hoa Province, urged the Ministry of Natural Resources and Environment to issue regulations in the operation processes of dams for Hua Na and Cua Dat hydropower plants. Local residents in six to seven districts would be at risk when the stormy season comes. Dang Huy Cuong, director of the Electricity Regulatory Authority of Vietnam (ERAV) under the Ministry of Industry and Trade, said hydropower plant investors in general follow rules on dam safety. However, some operators of small plants with generation capacity under 30 MW and approved by local authorities have not fully followed regulations. As the challenges regarding large investments, complicated weather patterns and narrowing forest areas have hindered hydropower plant operations, investors could not arrange financial sources to implement dam safety rules, Cuong said. Nguyen Xuan Tien, chairman…... [read more]

Reporter: You had been working in Vietnam before 1992 (it means before the normalization of the US- Vietnam diplomatic ties). Why did you decide to come to Vietnam? Was there any risk for you to do so at that time? Mr. Rider: I came to Vietnam for the first time in January 1992, more than 2 years before the embargo was lifted and three years and a half before normalization was achieved between the two countries. There are three things that drove me to Vietnam: First, there was actually a deal. When I was still working in New York at an investment bank, one of my colleagues in our Los Angeles office told me about the small but realistic development in the Cho Lon area in Ho Chi Minh City. I found it interested and decided to leave the investment bank and started my own company there. Even though I had never been to Vietnam at that time, I was in Tokyo and had traveled to Singapore, Indonesia, Hong Kong, Taiwan, the Philippines except for Vietnam. So when an opportunity for a project came up, I said: “Yes, that is a great idea to go!” Second, my background is in anthropology, I am always interested in culture and emerging markets and developing areas. Vietnam is very exotic to me to come and understand. Finally, there was a war in Vietnam and even though I was too young to be a soldier, I was very aware of the war because of…... [read more]

In January, 1995, Vietnam applied for its entry to the World Trade Organisation (WTO) after which the organisation set up a working board on Vietnam, that included members from 38 nations and territories around the world. After 10 years of negotiations, the working board has so far voiced its support for Vietnam’s bid to enter the WTO. However, integrating into the WTO will provide many opportunities while posing a lot of difficulties and challenges to Vietnam that will require full efforts to overcome. The-148 member WTO is the world’s largest trade body, accounting for 85 percent of total global commodities and around 90 percent of total global trade and service. National weaknesses Vietnam is considered a country with an almost complete legal system prior to WTO membership. However, the system is unspecific, unsynchronized and restricted by principled regulations, and thus has a large impact on the implementation process. Towards implementing global commitments, in the initial period, State budget collection has been sharply reduced while the State had to handle payment balance deficits, provide employment, improve labour standards and boost business reforms. These activities require huge capital resources, high technical standards and significant human capacity. Most Vietnamese enterprises operate on a small scale with little capital and low labour productivity. In addition, low technological levels are considered the largest barriers to increase businesses’ competitive capacity. Domestic enterprises have not yet seized good opportunities to gain access to markets and are weak in settling international trade disputes. When Vietnam joins the WTO,…... [read more]

Located in the northern part of South America, Venezuela has a total area of 912,050 square kilometres, with a population of 26 million. Endowed with plentiful natural resources, including oil, gas, iron, bauxite, gold, zinc and coal ores, Venezuela has become one of the powerful economies in South America, with oil exploitation emerging as the spearhead of the economy. Currently, Venezuela is the fifth largest oil exporter in the world, with oil revenue making up 70 percent of the country’s total export value. As part of a national economic development plan, Venezuela has decided to nationalise its oil industry, and has successfully implemented many social welfare programmes, including anti-illiteracy and expanded education programmes for young people, and free primary healthcare services for poor people. Vietnam and Venezuela established diplomatic relations on December 18, 1989, but Venezuelan people demonstrated their support and solidarity with the Vietnamese people’s struggle against US aggressors in the 1960’s and 70’s. Venezuelan soldiers kidnapped a US Major Colonel to negotiate with the US for an exchange of Vietnamese hero Nguyen Van Troi. The development of bilateral ties was marked by an official visit to Venezuela by Chairman of Vietnam National Assembly Nguyen Van An last March and a reciprocal visit to Vietnam by Deputy Foreign Minister R. Rivero last May. On this occasion, the Vietnamese Embassy in Caracas and the Venezuelan Embassy in Hanoi were established. The two sides also signed several important documents to bolster bilateral cooperation. In a recent interview with VOV, Venezuela Ambassador…... [read more]




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