Viet Nam conducts trials on advanced traffic management

NEW YORK: Shares of Fiat Chrysler Automobiles surged on Monday (Aug 14) following a report that it is being targeted for a possible takeover by multiple Chinese companies. Reports Chinese companies are eyeing a possible takeover drove up shares of Fiat Chrysler Automobiles. (AFP/JOE RAEDLE) US-traded shares of FCA were up 8.3 per cent at midday at US$12.57 after the trade publication Automobile News reported that Chinese companies were eyeing Fiat Chrysler as a way to enter the North American market. FCA rejected at least one bid from an unnamed "well-known" Chinese company this month, while other large Chinese automakers were also conducting due diligence on the company, said Automobile News. The publication said FCA executives travelled to China to meet with Great Wall Motor Co. Great Wall, created in 1984, sold more than a million cars last year under the Great Wall and Haval brands. The article also mentioned other Chinese companies as potential suitors, but said it was unclear which ones would follow through. FCA sells annually about 4.5 million cars and light trucks under brands that include Jeep, Dodge, Ram, Alfa-Romeo and Maserati, as well as its two namesake units. FCA spun off the Ferrari brand on Wall Street in October 2015 and Milan in January 2016. The company's chief executive, Sergio Marchionne, has said repeatedly that he would like to merge FCA with another large company to…... [read more]

Torrential rains flooded some northern cities and provinces yesterday, affecting people’s lives and causing traffic chaos. Torrential rains destroyed a road in Ba Chẽ District of the north eastern province of Quảng Ninh.- VNA/VNS Photo Văn Đức In Quảng Ninh Province’s Hạ Long City, rains flooded main streets and caused the death of a 12-year-old school girl. The victim was among three school girls of Lý Tự Trọng Junior Highschool who were swept away by floods on their way home. Two others were rescued. Rains also submerged hundreds of households in mountainous district of Ba Chẽ’s Lương Mông, Minh Cầm and Đạp Thanh communes. Hundreds more households in Cẩm Phả City’s Mông Dương Ward were also flooded and covered with dirt and mud. Rain also caused traffic chaos and congestion in Điện Biên Province’s Điện Biên Phủ City. Hundreds of motorbikes and electric bikes were damaged by the floods. Heavy rains are forecast for northern Việt Nam in the next few days, and localities are being urged to prepare for possible floods and landslides. In a notice sent to local authorities, ministries and relevant agencies, the Central Steering Committee for Natural Disaster Prevention and Control said rainstorms are expected from August 13 to 16, especially in mountainous provinces.  According to the Hydrometeorological Forecast Centre, rainfall is expected to range between 150-250mm in the region with some areas even experiencing rainfall of…... [read more]

FREETOWN: At least 312 people were killed and more than 2,000 left homeless on Monday (Aug 14) when heavy flooding hit Sierra Leone's capital of Freetown, leaving morgues overflowing and residents desperately searching for loved ones. Residents struggled to traverse roads that were turned into churning rivers of mud after Sierra Leone's capital of Freetown was struck by heavy rains, photo: AFP An AFP journalist at the scene saw bodies being carried away and houses submerged in two areas of the city, where roads turned into churning rivers of mud and corpses were washed up on the streets. Red Cross spokesman Patrick Massaquoi told AFP the death toll was 312 but could rise further as his team continued to survey disaster areas in Freetown and tally the number of dead. Mohamed Sinneh, a morgue technician at Freetown's Connaught Hospital, said 180 bodies had been received so far at his facility alone, many of them children, leaving no space to lay what he described as the "overwhelming number of dead". Many more bodies were taken to private morgues, Sinneh said. Images obtained by AFP showed a ferocious churning of dark orange mud coursing down a steep street in the capital, while videos posted by local residents showed people waist and chest deep in water trying to traverse the road. Fatmata Sesay, who lives on the hilltop area of Juba, said she, her three…... [read more]

VietNamNet Bridge – A representative of the Viet Nam Road Administration (VNRA) on Monday worked with the Mekong Delta province of Tien Giang’s Department of Transportation on the problem related to the local Cai Lay toll station. A traffic jam occurs at the Cai Lay toll station in Tien Giang Province on Sunday after drivers voiced their disagreement with the high fee by using small currency notes to pay toll fee at the station. — Photo dantri.com.vn At the meeting, Tran Van Bon, the department’s director, asked the road administration to report the situation to the Ministry of Transport (MoT) to have a plan for reducing fee at the station. The move came after many drivers complained about the high fee at the Build-Operate-Transfer toll stations. According to the Dan Tri online newspaper, drivers used small currency notes to pay toll fee at the Cai Lay toll station on Sunday afternoon, causing traffic to come to a standstill and resulting in difficulties for fee collectors. The drivers’ action was their way of voicing their disagreement with the high fee at the toll station that officially began operation about two weeks ago. The drivers shouted and blew their horns to force officials at the toll station to open the gates. Many locals also joined in cheering for the drivers. The station’s officials were forced to open the gates to avoid traffic jams. Nguyen Manh Thang, deputy general director of VNRA, said feedback and suggestions related to the Cai Lay toll station…... [read more]

VietNamNet Bridge – Two more construction projects in coastal Son Tra and Ngu Hanh Son districts of Da Nang have been found discharging untreated waste water into the city’s household sewage system. Hundreds of hotel and resort projects are under construction along the coast of Ngu Hanh Son and Son Tra districts in Da Nang. Three projects were found pumping waste water from construction sites into the city’s household sewage system. – Photo: Cong Thanh/VNS The head of the city’s construction department inspection team, Le Van Tuan, said the hotel project of the Viet Nam Holiday Company and the Sea Shore Hotel of Chinwin Company had illegally pumped waste water from their on-going excavation of basement floors into the city’s household waste treatment system. Tuan said the waste water from these projects would pollute the popular beaches of Ngu Hanh Son and Son Tra districts. “We asked the two investors to stop discharging waste water into the city’s sewage system before an assessment of the waste water at the two sites are approved,” Tuan said. He added that the department will carry out additional inspections of all construction projects in the coastal area. Last week, the 27-storey Royal Era 1 Hotel was caught discharging untreated waste water from its construction site into My Khe Beach. The project investor, TMS Hotel Da Nang Joint Stock Company, was fined VND6 million (US$265). According to the latest report by the construction department, seven out of 15 wastewater pipes still discharge untreated household sewage…... [read more]

VietNamNet Bridge – Vietnamese sculptor Nguyen Lap Phuong is one of 13 international artists showcasing their artwork at the Kohler Bold. Art. exhibition opening this week in Ha Noi. Octupus shape: Sculptor Nguyen Lap Phuong (left) and noted Vietnamese sculptor Le Cong Thanh pose next to the art piece "Peaceful Birth" by Phuong. – Photo courtesy of the organizer The exhibition, "Multiculturalism", displays sculptures of 13 artists from the Asia-Pacific and Middle East regions. Phuong’s minimalist-style steel art piece Me Tron Con Vuong (Safe Child Birth) was inspired by the relationship between the ocean and the octopus. “In my concept, the octopus symbolises modern artists, who are required to be smart, flexible, adaptable to any cultural and social change and able to work in any multicultural environment. Its long arms are an important organ to absorb information from the ‘multicultural ocean’,” the 28-year-old sculptor explained.    Consisting of a round and dark-coloured base and a metal round-shaped octopus above, the piece also explores the traditional concept of “Round Sky, Square Earth”, reflecting Vietnamese respect for the heaven and earth. The female artist also applied silver sheet inlaid, a traditional Vietnamese technique used in making lacquer and ritual items, onto her gilded piece. A layer of natural lacquer (sap of the Rhus succedanea tree), is also used in the work to enhance its gilding inlay. The Hai Phong-born artist explained that contrasting elements - steel and silver sheet - represent hard-to-harmonize conflicts in a multicultural context: old–new, traditional–modern, positive–negative, and national…... [read more]

Provinces and cities in northern Vietnam have been requested to prepare to deal with flood and landslides in the region. Since the beginning of August, heavy rains and flash floods have claimed at least 34 lives and left 11 others missing and more than 20 injured in the northern region In a notice sent to localities, ministries, Vietnam News Agency (VNA), Vietnam Television (VTV) and Radio the Voice of Vietnam (VOV), the Central Steering Committee for Natural Disaster Prevention and Control said that rainstorms may occur from August 13-16 in the northern region, especially in mountainous provinces. The steering committee warned Lai Chau, Son La, Dien Bien, Lao Cai, Yen Bai, Ha Giang, Tuyen Quang, Cao Bang and Bac Kan provinces of high risks of landslides and flash floods. To minimise human and property losses, it asked local steering boards of natural disaster prevention and control and search and rescue to assign their members to focus on areas at risk of landslides and flash floods and that are easily cut off by floods. Localities were asked to monitor rain and flood developments and spread information to locals, especially those vulnerable to natural disasters, to implement preventive measures.  Search and rescue forces have to be ready around the clock in high-risk areas to take action if disasters occur, the steering committee noted. The VNA, VTV, and VOV, as well as news and media agencies of the localities were requested to increase coverage of disaster-related information and skills to deal with torrential…... [read more]

Hanoi, August 14 (VNA) – Provinces and cities in northern Vietnam have been requested to prepare to deal with flood and landslides in the region.  In a notice sent to localities, ministries, Vietnam News Agency (VNA), Vietnam Television (VTV) and Radio the Voice of Vietnam (VOV), the Central Steering Committee for Natural Disaster Prevention and Control said that rainstorms may occur from August 13-16 in the northern region, especially in mountainous provinces.  The steering committee warned Lai Chau, Son La, Dien Bien, Lao Cai, Yen Bai, Ha Giang, Tuyen Quang, Cao Bang and Bac Kan provinces of high risks of landslides and flash floods.  To minimise human and property losses, it asked local steering boards of natural disaster prevention and control and search and rescue to assign their members to focus on areas at risk of landslides and flash floods and that are easily cut off by floods.  Localities were asked to monitor rain and flood developments and spread information to locals, especially those vulnerable to natural disasters, to implement preventive measures.  Search and rescue forces have to be ready around the clock in high-risk areas to take action if disasters occur, the steering committee noted.  The VNA, VTV, and VOV, as well as news and media agencies of the localities were requested to increase coverage of disaster-related information and skills to deal with torrential rains and floods.  According to the Central Steering Committee for Natural Disaster Prevention and Control, since…... [read more]

Viet Nam’s exports of gems and precious metals reached US$252.2 million in revenue in H1, a year-on-year decrease of 53 per cent. — Photo vietnambiz.vn Viet Nam’s exports of gems and precious metals reached US$252.2 million in revenue in H1, a year-on-year decrease of 53 per cent, financial news website ndh.vn reported. The country’s gems and precious metals are exported to 14 countries and territories, including Switzerland, the United States, United Arab Emirates and Japan, as well as the Republic of Korea and France. The United States has overtaken Switzerland to be the largest consumer of Vietnamese gems and precious metals with turnover of $126.54 million. However, this represented a decline of 27.7 per cent over the same period last year. The country was followed by Belgium and Japan. Switzerland, the largest importer in the first six months last year, lost its top position, slipping to the fourth position with import value of $19.35 million. Hong Kong climbed from ninth position last year to fifth this year, importing gems and precious metals worth $18.48 million, a year-on-year surge of 247 per cent. The United Arab Emirates dropped from third to sixth place, importing gems and precious metals worth $2.86 million, down 89 per cent year-on-year. Although Taiwan’s import turnover during the period reached just $460,000, it represented an increase of 95 per cent. — VNS ... [read more]

VietNamNet Bridge – The Vietnam Pepper Association (VPA) has warned that Chinese businesses have made moves to corner the domestic pepper market. The price of pepper in the domestic market has fluctuated since late July. On July 28, the price rose from VND80,000 per kilo to VND86,000 in the morning, but dropped unexpectedly to VND82,000 per kilo in the afternoon. VPA members said they have evidence to prove that Chinese businesses are controlling the Vietnamese pepper market. Some Vietnamese pepper export companies receive Chinese businessmen who buy pepper at any price set by local exporters and urge them to sign contracts.  VPA members said they have evidence to prove that Chinese businesses are controlling the Vietnamese pepper market. Some Vietnamese pepper export companies receive Chinese businessmen who buy pepper at any price set by local exporters and urge them to sign contracts.  The Chinese repeatedly ask Vietnamese exporters to fulfill contracts, but they refuse to pay deposits, saying that it is difficult because of banking procedures (deposits must be paid within three days after the contract signing). As the orders are with many Vietnamese export companies, information spreads that the demand for pepper is high. Chinese businessmen visit pepper growing areas and promise to sell pepper to merchants at prices lower than market prices, thus acting as both seller and buyer to create ‘virtual fits of fever’ in the market. The merchants accept the deals immediately because of the goods prices, believing that they would make big profits after reselling…... [read more]




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