Capella begins industrial park construction in Quang Nam

Capella Quang Nam Joint Stock Company, a subsidiary of Capella Land JSC, will construct Tam Thang 2 Industiral Zone (Tam Thang 2) located in the central province of Quang Nam, aiming to meet the increasing demand for land leasing in the province’s industrial zones. The project will be extremely well connected through the province's arterial roads and other infrastructure facilities The construction will be implemented only a short time after receiving approval from by the prime minister under Document No.425/TTg-CN dated March 24, 2017. The construction of the project, which has a total investment capital sum of VND350 billion ($15.35 million), is expected to be completed within two years. Representatives of the investor said that the company is committed to accelerating investment in the infrastructure construction of the first phase that has a scale of 30 hectares to meet the demand for land leasing from the clients. Covering an area of 103ha in Chu Lai Open Economic Zone (EZ), the project has extremely favourable geographic location. It is only 65 kilometres from Danang, 35km from Chu Lai International Airport, and only 6km from Tam Ky city. Besides, it is easy to connect to airports, seaports, and urban centers via strategic transport routes, such as National Highway 1A, Danang-Quang Ngai Expressway, and the coastal road. Enterprises investing in Tam Thang 2 Industrial Zone (IZ) will enjoy the highest tax incentives under the government's incentive…... [read more]

An overview of the meeting (Source: VNA) HCM City (VNA) – Member economies of the Asia-Pacific Economic Cooperation (APEC) have exchanged experience in emergency preparedness at a meeting in Ho Chi Minh City. The 12th meeting of the Emergency Preparedness Working Group, from August 21-22, is part of the third APEC Senior Officials’ Meeting (SOM 3). Addressing the opening ceremony, Tran Quang Hoai, head of the General Department for Natural Disasters Prevention ad Control under the Ministry of Agriculture and Rural Development, said since the beginning of this year, the APEC region has faced abnormal natural disasters as well as global climate change challenges. Many types of natural disasters are posing threats to most of countries worldwide, he said, noting that such natural disasters are increasing in both frequency and intensity, causing great losses and affecting production and business activities as well as public health. Therefore, it is a must to intensify information exchange and take more drastic actions in order to minimise the occurrence of natural disasters in the region, he said. The official noted that natural disasters kill 300 people and cause losses worth more than 1 billion USD each year in Vietnam, which has been listed as one of the countries worst affected by climate change. Many regions in Vietnam have faced serious riverbank and coastal landslides, and mountainous localities in the country have been hit by flooding, he said, stressing that natural disasters so far this year have…... [read more]

Officials of the APEC Health Working Group gather in Ho Chi Minh City on August 21 (Source: VNA) HCM City (VNA) – Officials of the APEC Health Working Group gathered in Ho Chi Minh City on August 21, expecting to address a range of issues in order to build a healthy Asia-Pacific region. In his opening remarks, Vietnamese Deputy Minister of Health Le Quang Cuong highlighted health as a critical component of economic and trade development and cooperation in the Asia-Pacific region. Investment in health is the key to inclusive and sustainable economic growth, he said, adding that better health leads to greater wealth and that will be an essential driver of long-term economic development growth. Cuong reviewed Vietnam’s hosting of the first Health Working Group Meeting in Nha Trang city, the central province of Khanh Hoa, from February 23-24, with the theme of “Health system strengthening towards sustainable development” and five priorities. The priorities include progress on universal health coverage in APEC economies towards healthy Asia-Pacific by 2020, strengthening communicable disease control and antimicrobial resistance among APEC economies, integrated approach for promoting healthy aging and non-communicable diseases (NCDs), sustainable health care finance in the transitional period and health in all policies, and multi sectoral action to achieve health related to sustainable development goals (SDGs) 2030. The theme and priorities were highly appreciated and endorsed by 21 APEC economies as they are issues of common interest that need to be strengthened…... [read more]

VietNamNet Bridge – ILO Viet Nam Country Director, Chang-Hee Lee, explains the impact minimum wage can have on the country’s economy. ILO Viet Nam Country Director, Chang-Hee Lee What is the view of the ILO on minimum wage increase of 6.5 per cent for 2018? It was a joint decision of the Government, employers and trade unions through the National Wage Council, which we, the International Labour Organization (ILO), fully respect. I am sure that it was not an easy process of reaching the consensus on minimum wage increase, as each party came from different perspectives and interests. There can be different views on the 6.5 per cent increase. Workers and trade unions would say it is not sufficient to ensure minimum living standards. Meanwhile, employers, particularly those in export industries, would say their competitiveness will be eroded if minimum wage keeps going up. You can hear these arguments virtually in almost every country which is integrated into global trade. Based on Viet Nam’s macro-economic performance figures, it could be said that minimum wage increase of 6.5 per cent is within a reasonable range. According to the Government statistics, Viet Nam’s GDP (Gross Domestic Products) grew at 6.2 per cent and CPI (Consumer Price Index) up by 4.74 per cent in 2016. And this year’s GDP growth is expected to reach 6.5 per cent and CPI at 4 per cent. However, the effects of minimum wage can be different on different groups of employers and workers. In particular, businesses at…... [read more]

VietNamNet Bridge – Archer Chu Duc Anh secured a gold medal in the men's recurve (one-stringed bow) for Vietnam at the ongoing 29th Southeast Asian (SEA) Games. Archer Chu Duc Anh (Photo: thethao.tuoitre.vn) Anh defeated Khairul Anuar Mohamad from the host country of Malaysia 6 – 2 on August 20. Bui Truong Giang, head of Vietnam’s archery division, called Anh’s gold medal a very special one.   Earlier, archers Nguyen Tien Cuong and Chau Kieu Oanh grabbed a bronze medal at the mixed team compound. Chau Kieu Oanh won a silver medal in the women’s individual compound event, the first medal for Vietnam at the largest regional sport event. The trio Chau Kieu Oanh, Le Ngoc Huyen and Nguyen Thi Nhat Le pocketed another silver for Vietnam in the women’s team compound category. Ten archery categories are featured at the Games, consisting of individual recurve (men and women), recurve team (men, women and mix), individual compound (men and women) and compound team (men, women and mix). Vietnam sent more than 470 athletes to compete at the Games in Malaysia from August 19-30. They are scheduled to take part in 32 out of 38 sports and meet about 6,000 athletes from 10 other countries in the region. Source: VNA related news SEA Games 29: Archers win another medal for Vietnam Vietnamese archers break SEA Games’ record... [read more]

NDO/VNA – Member economies of the Asia-Pacific Economic Cooperation (APEC) have exchanged experience in emergency preparedness at a meeting in Ho Chi Minh City. The 12th meeting of the Emergency Preparedness Working Group, from August 21-22, is part of the third APEC Senior Officials’ Meeting (SOM 3). Addressing the opening ceremony, Tran Quang Hoai, head of the General Department for Natural Disasters Prevention and Control, under the Ministry of Agriculture and Rural Development, said since the beginning of this year, the APEC region has faced abnormal natural disasters, as well as challenges due to global climate change. Many types of natural disasters are posing threats to most countries worldwide, he said, noting that such natural disasters are increasing in both frequency and intensity, causing great losses and affecting production and business activities as well as public health. Therefore, it is necessary to intensify information exchange and take more drastic actions in order to minimise the occurrence of natural disasters within the region, he said. The official noted that natural disasters kill 300 people and cause losses worth more than US$1 billion each year in Vietnam, which has been listed as one of the countries worst affected by climate change. Many regions in Vietnam have faced serious riverbank and coastal landslides, and mountainous localities in the country have been hit by flooding, he said, stressing that natural disasters have left 100 people dead so far this year. Hoai called on the APEC economies to review regulations, work together to build a…... [read more]

NDO/VNA – Member economies of the Asia-Pacific Economic Cooperation (APEC) have exchanged experience in emergency preparedness at a meeting in Ho Chi Minh City. The 12th meeting of the Emergency Preparedness Working Group, from August 21-22, is part of the third APEC Senior Officials’ Meeting (SOM 3). Addressing the opening ceremony, Tran Quang Hoai, head of the General Department for Natural Disasters Prevention and Control, under the Ministry of Agriculture and Rural Development, said since the beginning of this year, the APEC region has faced abnormal natural disasters, as well as challenges due to global climate change. Many types of natural disasters are posing threats to most countries worldwide, he said, noting that such natural disasters are increasing in both frequency and intensity, causing great losses and affecting production and business activities as well as public health. Therefore, it is necessary to intensify information exchange and take more drastic actions in order to minimise the occurrence of natural disasters within the region, he said. The official noted that natural disasters kill 300 people and cause losses worth more than US$1 billion each year in Vietnam, which has been listed as one of the countries worst affected by climate change. Many regions in Vietnam have faced serious riverbank and coastal landslides, and mountainous localities in the country have been hit by flooding, he said, stressing that natural disasters have left 100 people dead so far this year. Hoai called on the APEC economies to review regulations, work together to build a…... [read more]

VietNamNet Bridge – Dozens of quan ho (love duets) artistes in Bac Ninh Province – cradle of the traditional art form – are coming together every Saturday night to entertain audiences in a very special performance. Boat music: Quan Ho performances on the Nguyen Phi Y Lan Lake in Bac Ninh City every Saturday aim to promote the art form within and outside the northern province.  Instead of performing in the yard of a communal house yard, which is the typical venue, the singers perform on boats on the Nguyen Phi Y Lan Lake in Bac Ninh City. The boat performances are among activities aiming to preserve values of the traditional art form that was recognised by UNESCO as an intangible cultural heritage of humanity in 2009.   Tran Quang Nam, director of the province’s Culture, Sports and Tourism Department, said quan ho has different sub-genres, including hat chuc, hat mung (literally means greeting singing); hat tho or ritual singing; hat canh – a kind of singing competition between a village’s quan ho group with another group from another village, which takes place at night during every spring festival; and hat hoi or festival singing. “In hat hoi, the singers perform on a boat,” he said, explaining why the quan ho boat performance has been a significant part of any traditional festival in Bac Ninh Province for centuries. “We expect that the quan ho boat performance every Saturday night will be a meaningful cultural activity, helping introduce and promote further…... [read more]

NDO/VNA – Officials of the APEC Health Working Group gathered in Ho Chi Minh City on August 21, aiming to address a range of issues in order to build a healthy Asia-Pacific region. In his opening remarks, Vietnamese Deputy Minister of Health Le Quang Cuong highlighted health as a critical component of the economic and trade development and cooperation in the Asia-Pacific region. Investment in health is the key to inclusive and sustainable economic growth, he said, adding that better health leads to greater wealth, which will be an essential driver for long-term economic development growth. Cuong reviewed Vietnam’s hosting of the first Health Working Group Meeting in Nha Trang city, Khanh Hoa province, from February 23-24, with the theme of “Health system strengthening, towards sustainable development” and focusing on five priorities. The priorities include; ensuring progress on universal health coverage in APEC economies towards a healthy Asia-Pacific by 2020, strengthening communicable disease control and antimicrobial resistance among APEC economies, an integrated approach for promoting healthy aging and non-communicable diseases (NCDs), sustainable health care finance in the transitional period and a focus on health in all policies, and multi sectorial action to achieve health in relation to sustainable development goals (SDGs) by 2030. The theme and priorities were highly appreciated and endorsed by the 21 APEC economies as they are issues of common interest that need to be strengthened further for all APEC economies in the coming year, he noted. The second APEC Health Working Group Meeting will review the…... [read more]

NDO/VNA – Officials of the APEC Health Working Group gathered in Ho Chi Minh City on August 21, aiming to address a range of issues in order to build a healthy Asia-Pacific region. In his opening remarks, Vietnamese Deputy Minister of Health Le Quang Cuong highlighted health as a critical component of the economic and trade development and cooperation in the Asia-Pacific region. Investment in health is the key to inclusive and sustainable economic growth, he said, adding that better health leads to greater wealth, which will be an essential driver for long-term economic development growth. Cuong reviewed Vietnam’s hosting of the first Health Working Group Meeting in Nha Trang city, Khanh Hoa province, from February 23-24, with the theme of “Health system strengthening, towards sustainable development” and focusing on five priorities. The priorities include; ensuring progress on universal health coverage in APEC economies towards a healthy Asia-Pacific by 2020, strengthening communicable disease control and antimicrobial resistance among APEC economies, an integrated approach for promoting healthy aging and non-communicable diseases (NCDs), sustainable health care finance in the transitional period and a focus on health in all policies, and multi sectorial action to achieve health in relation to sustainable development goals (SDGs) by 2030. The theme and priorities were highly appreciated and endorsed by the 21 APEC economies as they are issues of common interest that need to be strengthened further for all APEC economies in the coming year, he noted. The second APEC Health Working Group Meeting will review the…... [read more]




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