Mekong Capital invests 4.9 million USD in education

VietNamNet Bridge – Viet Nam is taking some of their best athletes to the 29th Southeast Asian Games in Malaysia this August, but it is little known that many have some interesting tales to tell. High hopes: Swimmer Nguyen Thi Anh Vien will shoulder the heaviest duty at the SEA Games. — File Photo At the Kuala Lumpur event, the men’s basketball team will be captained by 37-year-old Nguyen Manh Hung, who is a five-time SEA Games champion in taekwondo. Hung, who stands 1.80m tall, was trained to be a volleyball player at the age of 14 in Thanh Hoa Province. However, he shifted to practise taekwondo when the volleyball team disbanded because of a budget crunch three months later. He is well-known as the best athlete in the region in the above 80kg category. Hung found it hard to challenge a worthy rival who could beat him, leading to his triumph at the SEA Games five times in a row from 1999 to 2007. After retirement, Hung worked as a coach and became the head of Thanh Hoa’s Taekwondo Department. “When I was an athlete, coaches asked me to play basketball as a kind of exercise to strengthen my physique. However, the more I played it, the more I loved it,” said Hung, who trained in basketball regularly, apart from spending time on taekwondo, football, tennis and the catwalk as a model. He surprised everyone when he joined Saigon Heat to play professional basketball in 2014. After three years…... [read more]

VietNamNet Bridge – Nguyen Tien Cuong is expected to win the country’s first gold medal in the men’s individual three-string bow (compound) event at the 29th Southeast Asian (SEA) Games in Malaysia today. Straight shooter: Nguyen Tien Cuong will compete in the men’s individual three-string bow event at the SEA Games in Malaysia. — Photo vcmedia.vn At the Games, archery and eight other events including football, futsal, swimming and sepak takraw will kick off before the official opening ceremony on August 19. The remaining events will begin following the festivities. Cuong is considered the most experience member of the archery team, with 14 years of training and competition under his belt. He is world No 72 and is the highest ranked archer in Southeast Asia. Hanoian Cuong marked a milestone for Vietnamese archery by winning a gold medal at the 27th Games held in 2013 in Myanmar. The sport is usually dominated by Thailand, Myanmar, the Philippines, and Malaysia. The victory marked the first individual gold medal for Viet Nam. Two years ago, at the 28th Games held in Singapore, he came home with gold again. “I am not afraid of pressure at the Games. I will try my best to achieve the best result during the event,” said Cuong. Born in 1988, Cuong became familiar with the three-string bow in 2003 when Viet Nam began partaking in this sport. During the 19th, 20th and 22nd editions of the Games, the Vietnamese archers walked away without any awards, but at…... [read more]

VietNamNet Bridge – The central province plans to build a sculpture park in the My Son Sanctuary to honour people for their contributions to preserving and restoring its cultural heritages, earning them the UNESCO recognition. Ancient: A Cham tower at the UNESCO-recognised world heritage My Son Sanctuary in Quang Nam Province. The province plans to build a statue park in the area.  The Chairman of Duy Xuyen District’s People’s Committee, Nguyen Cong Dung told Viet Nam News the park will be designed as a destination for tourists when visiting Cham towers complex in My Son. ‘We have been collecting opinions and ideas in making an official design for the park. It will serve as a part of introduction of the My Son Sanctuary and history of preservation of the heritage,” Dung said. “The best design will be selected for commencing the park later this year,” he said. Dung said the first four famous people featured in the spark will be French archeologist Henri Parmentier (1870-1949), Polish archaeologist and architect Kazimierz Kwiatkowski, known as ‘Kazik’, former party secretary of Quang Nam-Da Nang Province (now Da Nang City and Quang Nam Province) Ho Nghinh (1915-2007), and Nguyen Xuan Dong (1907-86). A 2.5m tall statue of Kazik has been installed at 138 Tran Phu Street in Hoi An Town to honour his work on restoring the ancient town of Hoi An, My Son Sanctuary and Complex of Hue Monuments. Tribute: A statue of Polish architect Kazik stands at 138 Tran Phu Street in…... [read more]

VietNamNet Bridge – With HCM City authorities considering an increase in the number of hours that mini trucks are banned in the inner city, businesses are worried about its fallout. Mini-trucks run from National Highway No1 A to HCM City’s An Suong Intersection. The city is considering banning mini trucks from 6am to 8pm which is said to negatively affect the delivery of goods every day from producers to small production units, restaurants and shops in the city. — Photo: VNA/VNS At a meeting at the beginning of this month to discuss the transportation situation in the first half of this year, the chairman of the city People’s Committee, Nguyen Thanh Phong, urged the Department of Transport to consider banning mini trucks from 6am to 8pm. Since last March they have been banned from 6am to 8am and 4pm to 8pm, but according to the police, at other hours they come into the city and cause severe traffic jams. The city has around 210,000 trucks. Soon after news about the meeting was published in the media, enterprises reacted strongly, with most saying the longer ban would hit them severely since they supply goods every day to many small production units, restaurants and shops. Phu Nu (Women) newspaper quoted Kao Sieu Luc, director of ABC Bakery, as saying that the biggest challenge his company faces now is delivery since mini-trucks are banned during certain hours. His company used to use mini trucks to supply its buyers, but now has to rely…... [read more]

VietNamNet Bridge – A pilot project using low carbon emission light-emitting diode (LED) bulbs will light up 19 main downtown streets in Da Nang as the central coastal city prepares for the high-profile 2017 Asia-Pacific Economic Co-operation (APEC) Summit. Da Nang at night. The city plans to install a LED lighting system on many streets. — Photo: Tran Le Lam/VNS Nearly 3,000 high-voltage bulbs – five per cent of the city’s total public lighting system – will be replaced by the LED public lighting system, beginning this September, and go operational in October. The city has called for funding via the Public-Private-Partnership (PPP) model to install LED lighting system. With the LED lighting system, Da Nang expects to save 1 million KWh per year – 12 per cent of its power consumption, by 2020. Da Nang was selected as an APEC city for a Low-Carbon Model Town Project at the 44th APEC energy meeting in Washington DC back in 2012. The city has also proposed battery-powered bikes, use of renewable energy; a metro system; and rapid bus transit as low carbon measures towards making Da Nang a green city by 2025. It has already cut 12,000 tonnes of carbon emissions through a pilot project and saved VND12 billion (US$570,000) in a power-saving pilot project between 2008-2011. According to a report from the city’s industry and trade department, Da Nang has 51,000 high voltage bulbs along 1,200km of roads with total consumption of 6,800KWh –3.1 per cent of the city’s total…... [read more]

It is necessary to establish a land bank because the majority of the 27 million ha of farmland in Vietnam is owned by individual farmers, which has created a host of difficulties for high-tech agriculture, Mr. Mai Van Phan, Deputy Director General of the Land Registration Department at the Ministry of Natural Resources and Environment (MoNRE), said on August 14. Mr. Phan’s proposal is in the context of high-tech agriculture struggling to accumulate land for large-scale production. According to the latest figures from MoNRE, the country currently has 27 million ha of agricultural land, of which 55 per cent is under farm management and only 10 per cent belongs to economic organizations. The process of land consolidation for large-scale public agricultural production has been slowing. Land fragmentation is a major obstacle to long-term investment in agriculture, especially in high-tech agriculture. According to Mr. Phan, the construction of an agricultural land bank would create a mechanism for developing land funds for agricultural development on a large scale. A land bank requires the building of a comprehensive, scientific, transparent, and accessible information system, as well as policies to encourage the lease of land use rights. Land is said to be one of the greatest obstacles facing investors in Vietnam’s agriculture sector, which is one reason why foreign investment inflows remain modest. According to the Foreign Investment Agency at the Ministry of Planning and Investment, although 2016 was an impressive breakthrough year for the agriculture sector, foreign direct investment (FDI) into the sector…... [read more]

Mini-trucks run from National Highway No1 A to HCM City’s An Suong Intersection. The city is considering banning mini trucks from 6am to 8pm which is said to negatively affect the delivery of goods every day from producers to small production units, restaurants and shops in the city. — VNA/VNS Photo An Hieu With HCM City authorities considering an increase in the number of hours that mini trucks are banned in the inner city, businesses are worried about its fallout. At a meeting at the beginning of this month to discuss the transportation situation in the first half of this year, the chairman of the city People’s Committee, Nguyen Thanh Phong, urged the Department of Transport to consider banning mini trucks from 6am to 8pm. Since last March they have been banned from 6am to 8am and 4pm to 8pm, but according to the police, at other hours they come into the city and cause severe traffic jams. The city has around 210,000 trucks. Soon after news about the meeting was published in the media, enterprises reacted strongly, with most saying the longer ban would hit them severely since they supply goods every day to many small production units, restaurants and shops. Phu Nu (Women) newspaper quoted Kao Sieu Luc, director of ABC Bakery, as saying that the biggest challenge his company faces now is delivery since mini-trucks are banned during certain hours. His company used to use mini trucks…... [read more]

VietNamNet Bridge – Nguyen Thi Phuong and her friends were invited to a party at the newly opened restaurant of Mon Ngon Sai Thanh last week. Mouth-watering: A plate of Bong snails fried with tamarind sauce. Phuong, a Quang Ninh native, said they were keen on trying something different. When she saw the snails section on the menu, Phuong remembered the time she enjoyed the famous boiled and steamed snails cooked with lemon leaves and citronella on Luong Van Can Street in Ha Noi’s Old Quarter. “I can never forget the fragrance and taste of the dish, particularly its nuoc cham (dipping sauce) with ginger, chili and garlic. “These ingredients help warm up the body, my herbalist father told me. He said the warmth was needed because the snail was cold, although it is nutritious and full of protein, it could cause stomach aches, dyspepsia or diarrhea.” But Phuong and her friends had never tried snail dishes from erstwhile Sai Gon, although they’d heard others praise them. So when they saw dishes like oc bong xao me (bong snail fried with tamarind sauce) and oc ca na xao bo cay (Ca Na snail fried with peppery butter) on the menu, they just had to try them. Soft and crisp: Ca Na snails fried with peppery butter. When the oc bong xao me was brought to the table, “my mouth watered. The bong snails were covered with a red and brown tamarind sauce and coconut juliennes. It was topped with red…... [read more]

VietNamNet Bridge – Many people didn’t know whether to laugh or cry when they saw a photo of a man in flood-hit Muong La District in the northern province of Son La wearing a skirt. In another photo from the district that has also gone viral on internet in the last few days, local residents are shown holding a bikini. The bikini are among items donated to victims of the flash floods. — Photo zing.vn The skirt and the bikini are among items donated to victims of the flash floods. According to the Central Steering Committee for Natural Disaster Prevention and Control, heavy rains and flash floods early this month have killed 26 people and left 15 missing and 27 injured in the northern mountainous provinces, mostly Yen Bai, Son La, Lai Chau, Dien Bien and Cao Bang. Torrential rains and floods also swept away or collapsed more than 230 houses, damaged 245 houses, submerged 338.5 hectares of rice, and led to the evacuation of 398 households. Agencies, organisations and individuals across the country and overseas have rushed to help. Flows of aids including food, clothes and other necessities have been sent to the disaster-hit areas. Residents appreciate the support but were amazed to find among the donations items such as high heel shoes or overall skirts, hardly suitable to their needs. Bottom line: donors, please consider giving what people need. Don’t give what you don’t need.  VNS related news Dozens dead, missing in flash floods in the north 17…... [read more]

When U.S. President Donald Trump was elected last November, big business rejoiced. In June, optimism among American CEOs was at a three-year high on hopes that Trump would succeed in implementing his pro-growth agenda, including tax cuts. But Trump has now lost support from several executives who left an advisory panel on manufacturing over his response to a violent white supremacist rally in Virginia -- a sign that big business is disenchanted with the billionaire leader. The head of the powerful AFL-CIO union, Richard Trumka, added his name to the list of defectors that also includes the heads of Merck Pharmaceutical, Under Armour and Intel, as well as the Alliance for American Manufacturing. "We cannot sit on a council for a president who tolerates bigotry and domestic terrorism," Trumka said in a statement. "We must resign on behalf of America's working people, who reject all notions of legitimacy of these bigoted groups." Trump, never one to shy away from controversy, fired back. "For every CEO that drops out of the Manufacturing Council, I have many to take their place," he tweeted. "Grandstanders should not have gone on. JOBS!" But there was a definite feeling that other shoes were ready to drop. "CEOs quit Trump's Panel: Who's Next?" asked a headline on Bloomberg News television. Economist Joel Naroff said he suspected more would like to protest, but are "caught in a bind." "On one side, their job is to maximize the return to the shareholder. On the other side, they…... [read more]




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