Mozambique – an important partner of Vietnam in Africa

Hoang Xuan Vinh is expected to earn two gold medals at the upcoming SEA Games (Photo: VNA) Hanoi (VNS/VNA) - Vietnamese marksmen set a relatively modest goal of earning three gold medals at the upcoming Southeast Asian (SEA) Games in Malaysia. “The 2017 Games will be a difficult event for us, as the hosts [Malaysia] cut all team events, which are a strong point of Vietnam. As usual, Vietnamese best shooter Hoang Xuan Vinh will compete in three or four categories. However, in this Games, one of Vinh’s key events, centre-fire pistol, has also been removed. So Vietnam team only target three golds. If the team can do that, it is a success,’ said head coach Nguyen Thi Nhung. At the 28th Games held in Singapore two years ago, Vietnamese shooters contributed 11 golds to Vietnam’s medal count. Vietnam will send 23 shooters competing in 11 out of 14 divisions. Among three gold medals which Vietnam aim to grab, Vinh is expected to take two. The remaining gold is for Nguyen Xuan Chuyen, Phan Công Minh or Bui Hong Phong. According to the International Shooting Sport Federation rankings, Olympic Rio 2016 gold medalist Vinh still leads the men’s 10m air pistol, while in the 50m air pistol he ranks second after Jin Jongoh from the Republic of Korea.  However, Nhung said Vinh’s glory at the Olympics doesn’t ensure that he will earn gold at the regional sports festival, as…... [read more]

VietNamNet Bridge – Associate Professor Nguyen Minh Due, chairman of the Viet Nam Energy Science Council speaks to Tuoi tre (Youth) newspaper about the need to develop renewable energy in Viet Nam. Associate Professor Nguyen Minh Due Following the revised national electricity development plan by 2020, electricity generated from coal-fired thermal power plants still accounts for nearly 50 per cent of the country’s total power, while electricity generated from wind and solar sources only makes up 1-2 per cent. Why is this? Under the plan, we are still focusing on coal-fired thermal power and the ratio of electricity generated from renewable sources remains at a low level. The high cost of renewable energy has been blamed for the situation. I think we are falling behind the global trend, where other countries are developing renewable energy. Some people have said the cost of running a coal-fired thermal power plant was low, thus, coal-fired thermal power still plays a major role in generating electricity for the country. Actually, if we take a detailed assessment, we find that the operation of a coal-fired thermal power plant often lasts about 30 years and the costs are not as low as we thought. It is because the source of domestic coal is diminishing in the future. Even thermal power plants have already planned to import coal to meet demand. The question is how we will import coal in the next 2-3 decades when the price of coal is predicted to increase due to limited supply.…... [read more]

NDO - Prime Minister Nguyen Xuan Phuc urged the Vietnam National Oil and Gas Group (PetroVietnam) to continue modernising its technology and build on its momentum to maintain its standing in the national economy, during a working session with the group held in Hanoi on August 5. Speaking at the session, the PM noted that the group’s attainments have substantially contributed to the national socio-economic development and sovereignty protection, adding that restructuring the group and its affiliates is also crucial in promoting key projects and contributing to the national economy. More attention should also be paid to improving employee livelihoods, he said. According to a report presented by the group at the session, PetroVietnam produced 9.23 million tonnes of oil in the first seven months of 2017. The group’s total revenue in the first seven months of 2017 reached VND278.5 trillion (US$12.25 billion), surpassing the seven-month target by 14% and fulfilling 64% of the yearly target. The fire prevention at oil and gas facilities was seriously controlled while social welfare policies have been carried out. The group is striving to produce at least 13.28 million tonnes of crude oil and 10.61 billion cubic meters of gas in 2017 and will keep a close watch on oil prices in order to promptly cope with any fluctuations. It will also focus on the safe and stable operation of oil and gas plants in addition to accelerating investment and prioritising capital for projects to…... [read more]

Newly harvested pineapples being readied for shipment at Vi Thanh City, Hau Giang Province. — VNA/VNS Photo Huynh Su Trade promotion activities in the southern region this year have focused on monitoring start ups and promoting clean agricultural and industrial production, officials said at a conference on Thursday. Training and enhancement of stakeholders’ managerial skills was another focus area, said Do Thi Minh Tram, deputy head of the Agency for Regional Industry Development (ARID). The eighth annual conference on trade promotion in southern cities and provinces was organised by the Ministry of Industry and Trade (MoIT), ARID and HCM City’s Department of Industry and Trade (DoIT). It took note of numerous successes and discussed solutions to remaining problems. The conference noted that a training workshop held recently had more than 730 participants gain insights into business management, quality control, accessing distribution networks, eCommerce and the use of technology in trade promotion. The HCM City DoIT also reported a number of support activities for technology transfer, with 48 rural areas receiving modern machinery worth VND6.7 billion ($298,653) for use in agricultural production. Several deficiencies were also highlighted at the meeting, including the low rate of disbursement of State capital at just 18.8 per cent of the annual target. The provinces of Ba Ria – Vung Tau and Soc Trang have yet to begin the disbursement process, while others like Tay Ninh, Tien Giang and Hau Giang have only achieved one to…... [read more]

A social housing project in District 7, HCM City. The southern city plans to build 20,000 units for poor people by 2020, and is considering their cost, with the construction department head preferring "nice" apartments to ensure high quality of life. — VNA/VNS Photo Van Khanh Hoang Nguyen HCM City should build social housing priced at up to VND1 billion (US$44,000) rather than VND200-300 million to ensure a reasonable quality of life for their occupants, the city’s top construction official has said. Tran Trong Tuan, director of the Department of Construction, told a conference on Friday that building affordable apartments has been part of the city’s agenda for decades. It has built tens of thousands of apartments for poor people and workers and plans to build 20,000 more from now through 2020, he said. But he was not keen on super-cheap apartments, saying the quality of life of their occupants should be a priority. Earlier he had talked to the media about three requirements for a cheap social housing project: land given for free to developers, infrastructure and a minimum size of each unit of at least 25sq.m. Nguyen Van Duc, deputy director of property developer Dat Lanh, who had designed cheap housing in the city many years ago, told the conference it is feasible to build apartments priced at VND200-300 million in outlying districts like 12, Hoc Mon, Cu Chi, Binh Chanh, and Nha Be. He said the department…... [read more]

“We will adjust Vien’s competition categories when the Games begin. It depends on the schedule and real situation. The tournament rules allow us to reduce the competition categories of athletes, not increase them,” said Hung. At the 28th Games held in Singapore two years ago, Vien registered for 19 events. However, she only participated in 13 events to focus on her favorite races. Vien, 20, took home eight gold, one silver and one bronze medal to become one of the best performers at the 28th Games, behind only Singapore’s Joseph Isaac Schooling, who claimed gold in all nine disciplines he participated in. Top Vietnamese female swimmer Nguyen Thi Anh Vien  To prepare for the Games, Vien took part in the recent FINA World Swimming Championships in Hungary but didn’t perform well. She failed in the qualifying round of her strong categories – the women’s 400m medley and 200m medley. However, Hung said Vien and other Vietnamese swimmers will not be focusing on the poor result. “Vien’s goal is the Games in Malaysia,” said Hung. “It is not easy to win gold medals in a tournament which has high competition such as the regional sport event. Coach Hoang Anh Tuan and Vien will have to calculate carefully to partake in the chosen divisions, not affecting physical fitness but still fulfilling the target,” Hung added. According to Nguyen Hong Minh, former Head of the National Sport Administration’s Elite Sport Department, Vien’s poor…... [read more]

AIA Vietnam has entered a partnership with DongA Bank in early August, marking the insurer’s third bancassurance deal in the past three months. AIA continues to strike bancassurance partnerships in Vietnam, this time with the retail-focused DongA Bank As part of the collaboration, AIA will deliver innovative products and a digitally-driven insurance experience through DongA Bank’s extensive network of 235 branches across Vietnam. Customers can use their DongA Bank account to pay their AIA insurance premiums quickly and conveniently. All of AIA’s specialists at DongA Bank will be equipped with AIA’s interactive point-of-sale tool. Consumers can obtain on-the-spot financial consultancy, sample quotation and financial illustration, as well as access to their electronic insurance policy and claims statuses. AIA also offers DongA Bank customers a new value added proposition called AIA Vitality, a wellness programme that motivates customers to make healthy choices every day. This is the third bancassurance partnership of AIA with a Vietnam-based bank in the past three months. The Hong Kong-based insurer previously announced deals with Shinhan Vietnam in July and HSBC Vietnam in May. “AIA will deliver our leading products and services powered by digital technology, user-friendly access, and new customer propositions to the banks’ fast growing customer base,” said Wayne Besant, CEO of AIA Vietnam. For DongA Bank, the deal also marks the first time that the Vietnamese bank shook hands with an insurer. CEO Nguyen…... [read more]

“The 2017 Games will be a difficult event for us, as the hosts [Malaysia] cut all team events, which are a strong point of Vietnam. As usual, Vietnamese best shooter Hoang Xuan Vinh will compete in three or four categories. However, in this Games, one of Vinh’s key events, center-fire pistol, has also been removed. So Vietnam team only target three golds. If the team can do that, it is a success,’ said Head Coach Nguyen Thi Nhung. At the 28th Games held in Singapore two years ago, Vietnamese shooters contributed 11 golds to Vietnam’s medal count. Vietnam will send 23 shooters competing in 11 out of 14 divisions. Vietnamese best shooter Hoang Xuan Vinh. Photo: Vietnam+ Among three gold medals which Vietnam aim to grab, Vinh is expected to take two. The remaining gold is for Nguyen Xuan Chuyen, Phan Công Minh or Bui Hong Phong. According to the International Shooting Sport Federation rankings, Olympic Rio 2016 gold medalist Vinh still leads the men’s 10m air pistol, while in the 50m air pistol he ranks second after Jin Jongoh from the Republic of Korea. However, Nhung said Vinh’s glory at the Olympics doesn’t ensure that he will earn gold at the regional sports festival, as the shooting’s result depends on many factors. “Each event has different features. Vinh’s Olympic gold medal doesn’t guarantee that he can maintain his elite performance in the regional tournament. His biggest difficulty is…... [read more]

NDO – Vice President Dang Thi Ngoc Thinh has expressed her belief that village elders, chiefs and people with prestige in the North West region would continue to promote their prestige and act as role models for other locals to follow, thus promoting the region’s socio-economic development. The Vice State President made the suggestion while hosting a reception for a delegation of 86 prestigious village seniors and chiefs, from the North West’s ethnic minority community, in Hanoi on August 4. Over the past few years, along with people across the country, ethnic minorities have actively participated in a range of patriotic emulation movements and there have been many typical examples of individuals and groups across many fields. To date, in the North West, local People's Committees have recognised nearly 23,000 prestigious people. These individuals have played a pivotal role in propagandising the Party and State's guidelines and policies, as well as the patriotic emulation movement, among ethnic minority communities. They are also important factors in assisting the local authorities at all levels in propagating and mobilising ethnic minorities to participate in socio-economic development, ensuring national defence and security and preserving the great national unity bloc. Speaking at the meeting, Vice President Thinh said that the localities in the Northwest region have recorded positive development both economically and socially and have maintained political stability, security and national defence. In particular, the contribution of each person, especially the village elders, village chiefs, typical Party members and people with prestige…... [read more]

NDO - The Prime Minister has recently approved a project on improving the competitiveness of a number of key Vietnamese export commodities by 2020 with a vision to 2030. By 2020, the quality and added value of advantageous products will be improved with the added value of agricultural and fishery products to be expanded by 20%. The proportion of these products will be enhanced in developed economies including the EU, Japan, and the Republic of Korea. In the 2016-2020 period, the export growth rate of commodities will increase by 8% per year, with a focus on groups of prioritised commodities such as rice, coffee, rubber, seafood, pepper, textiles, footwear, furniture, telephones and spare parts, computers, electronic products and spare parts. The project aims to re-organise production by improving the methods of production and export towards higher added values; shifting export models from intermediate export to direct ones; and from FOB to CIF. The project also targets to cement and expand export markets; build national brand names; and improve national competitiveness; cut business costs; and improve business competence, especially that of SMEs and associations. The project seeks to encourage and support businesses inbuilding export strategies in line with every market and competence; engage in foreign production and distribution channels; and join global value chains. Enterprises will receive assistance in market access, trade promotion activities, and market analysis, as well as receiving support in order to strengthen connectivity among raw material suppliers, producers, transporters, manufacturers. ... [read more]




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