Viet Nam Motor Show opens in HCM City

NDO – Vietnamese students participating in the Olympiad competitions this year have achieved the highest results ever, thanks to the efforts of the students and special attention from the education and training sector in improving the quality of education. >>> Vietnam wins gold at 28th International Biology Olympiad >>> Vietnam wins four gold medals, ranks third at IMO 2017 >>> Vietnam reaps high results at int’l chemistry Olympiad Significant achievements in the international arena According to the Ministry of Education and Training (MOET) all six students, competing at the at the 58th International Mathematical Olympiad (IMO) 2017 in Brazil, won medals including four gold, a silver and a bronze medal. Notably, in addition to winning medals, Vietnamese students also achieved high marks, helping the math team finish third in the world, after the Republic of Korea (ROK) and China. 12th grader Hoang Huu Quoc Huy from Le Quy Don High School for the Gifted (Ba Ria-Vung Tau province) was one of the three students to win gold medals, with the highest score of 35 points, among more than 600 students of 112 delegates taking part in the 2017 event. Meanwhile, five students competing in the 48th International Physics Olympiad in Indonesia all won medals, bringing home four gold and one silver medal. This result is the highest ever, helping Vietnam rank fifth after China, the ROK, Russia and Singapore. Whilst at the 49th International Chemistry Olympiad in Thailand, which gathered 297 students from 76 different countries and territories, all four…... [read more]

Self-modified three-wheel vehicles will be strictly controlled before being completely banned in 2018, said Vũ Văn Diện, deputy chairman of northern Quảng Ninh Province’s People Committee. Self-modified three-wheel vehicles are considered as popular means of transportation to transport tourists on the number of island communes in Quảng Ninh’s Vân Đồn District. – VNA/VNS Photo Văn Đức He made the announcement at a meeting on traffic order and safety held last weekend in Quảng Ninh. Self-modified three-wheel vehicles have been operated in the province for over 10 years.   These vehicles are considered as a popular means of transportation for tourists on the islands of Quan Lạn, Minh Châu and Ngọc Vừng. It has recently been used to transport visitors from hotels and guest houses to the beach at Bãi Cháy Resort in Hạ Long City. However, most drivers of these vehicles lack licences and do not register their vehicles. These vehicle owners have regularly flouted the law, and it affects the safety and order of transport in the city, making it a matter for public concern. Lưu Minh Đức, chairman of People’s Committee of Quan Lạn Commune, home to 150 three-wheel vehicles, said since the beginning of this year local authorities have coordinated with the police force to number the vehicles for better management. Local residents have also been informed about roadmap to stop the operation of these kinds of…... [read more]

Mountain, river and famous scenic landscapes make An Giang a leader of hospitality industry in the region. Every year, the province welcomes 6 million tourists, earning a big source of income for the local economy. Many companies are active in tourism industry, including An Giang Tourism Joint Stock Company (An Giang Tourimex) with a leading role and impact on tourism and travel business in the province. Strong brand and spectacular leap After nearly 40 years of unremitting efforts, An Giang Tourism Joint Stock Company has built up its strong and prestigious brand in tourism - travel, restaurant and luxury hotel segments. An Hai Son-Kien Giang Hotel, Tourist Service Centre, Tuc Duc Hill Resort-Tri Ton, Ben Da Nui Sam Hotel, Long Xuyen-Cuu Long Hotel, Dong Xuyen Hotel and its representative branch in Ho Chi Minh City are its typical assets created by the company in tourism business in the past 40 years. Not only that, for the past four decades, An Giang Tourism Joint Stock Company has also expanded into the food industry with six rice mills. An Giang Tourism Joint Stock Company is staffed by enthusiastic, devoted and professional employees, enabling it to obtain great successes in tourism and food businesses. Having experienced the country’s economic development periods from self-subsistence to integration into the global economy, An Giang Tourism Joint Stock Company has fulfilled the mission of a State-owned enterprise. Marking its 38 years of construction and development, the firm made a…... [read more]

According to the General Statistics Office (GSO), the State budget disbursement in the first six months of 2017 reached 38.7 per cent of the full-year target and rose 7.6 per cent over the same period of 2016. However, the disbursement pace of government bonds and State fund remained slow.   The disbursement of government bonds and State funds reached only VND7.4 trillion and VND24.2 trillion, down 53.2 per cent and 8.7 per cent from the same period of last year, respectively. The aggregate disbursement value of all sources approximated that in previous years but was still lower than this year’s plan.   At the meeting of the Prime Minister’s Working Group on public investment disbursement in 2017, Mr Mai Tien Dung, Minister and Chairman of the Government Office and Head of the Working Group, said, 13 ministries, agencies and localities disbursed less than 20 per cent of the plan in the period and they were criticised by the Prime Minister.   The 13 criticised agencies included the Ministry of Planning and Investment, the Ministry of Foreign Affairs, the Ministry of Health, the State Bank of Vietnam, the Commission for Ethnic Minority Affairs, Vietnam News Agency, Vietnam War Veterans' Association, Hanoi City, Da Nang City, Ho Chi Minh City, Binh Duong province, Tay Ninh province and Binh Phuoc province.   According to the Working Group, the lateness in public investment disbursement is seen as a bottleneck to economic growth. If there…... [read more]

The HCM City Department of Information and Communication is working with companies to provide free wi-fi for 100,000 workers by 2019. Illustration photo The department is working with South Saigon Development Corporation (SADECO), Việt Nam Posts and Telecommunications Group (VNPT) and Vinatech Technology and Communication Company Limited (Vinatech) to create around 1,000 free wi-fi access points for the workers at their living accommodations this year, with equal wi-fi coverage across all areas. The two-phase project began early this year, with access points created for 10,000 workers in District 7 and Thủ Đức District. From December 18 this year to June 2019, more access points will be launched to serve a total of 100,000 workers. Each access point can serve around 10 users. Along with a bandwidth of 35Mbps, the expected link speed will reach a minimum of 20Mbps/3Mbps for two-way downloading and uploading of data from the internet. Lê Quốc Cường, deputy director of the Department of Information and Communications, said: “Providing free wi-fi for workers can improve their life and work.” HCM City has 10 industrial parks and three export processing zones, with a total number of workers ranging from 300,000 to 500,000, according to a report from HCM City Institute of Development Studies. Of these, 70 per cent are workers from other provinces and cities, mostly consisting of young adults with low to medium income who lack adequate…... [read more]

Tough talks over pay raiseThuy Dung HANOI – While employers seek to cap the minimum wage increase for next year at less than 5%, employees are pushing for an 8-10% pay raise, and the wide difference requires another round of negotiations on August 7. The current salary level, according to experts, meets around 90% of the minimum living demand for laborers, said Hoang Quang Phong, vice president of the Vietnam Chamber of Commerce and Industry (VCCI) at a meeting of the National Wage Council last Friday. Pay rise to erode competitiveness Meanwhile, local companies want to achieve sustainable growth because any sharp rise in the minimum wage will force them to restructure production, resulting in staff layoffs and creating other social problems, said Phong of VCCI, which represents employers. Phong said the business performance of local enterprises has slightly improved. However, those active in textile-garment, leather-footwear, seafood, and electronics sectors will face adverse effects upon any strong hike in the minimum wage. A report shows there are around 54.4 million employees nationwide, but those having signed labor agreements with enterprises and cooperatives account for a mere 17%. As such, if the minimum wage is adjusted up strongly, other social factors will follow suit – lives of laborers subject to the adjustment and those working in the informal sector will be impacted. Nguyen Duc Thuan, chairman of the Vietnam Leather, Footwear and Handbag Association, said enterprises always regard their employees as a cornerstone to fuel their growth. However, Thuan said, if…... [read more]

Trinh Xuan Thanh turns himself inThe Saigon Times Daily A post on the Ministry of Public Security’s website informs the public of Trinh Xuan Thanh’s turning himself in to the police - PHOTO: MINISTRY OF PUBLIC SECURITY HANOI – Trinh Xuan Thanh, former general director of PetroVietnam Construction Corporation (PVC), on July 31 turned himself in to the investigative police agency under the Ministry of Public Security after a year of hiding overseas. The Ministry of Public Security announced Thanh, who also served as vice chairman of Hau Giang Province and held other senior positions at the Ministry of Industry and Trade, surrendered to the police, but did not elaborate on how he had returned to the country. Thanh had faced an international arrest warrant since the ministry issued it on September 16, 2016. On September 15 last year, the ministry prosecuted Thanh for allegedly violating the State’s economic regulations causing serious consequences at PVC and its subsidiaries. Then, Thanh allegedly fled the country in mid-August last year. In his positions as deputy secretary of the party committee and general director of PVC and later as secretary of the corporation’ Party committee and chairman of the board of directors from 2011 to 2013, Thanh allegedly showed irresponsibility and negligence in the leadership and management of the corporation’s operations. He was also accused of violating regulations on business administration, resulting in losses of nearly VND3.3 trillion (US$145.46 million) to the State-owned corporation. Thanh and his accomplices were also accused of causing…... [read more]

Tien Giang collects toll fees on new bypassTrung Chanh TIEN GIANG – National Highway No.1 Tien Giang Investment Co Ltd begins on August 1 to collect toll fees on a new bypass around the town of Cai Lay in the Mekong Delta province of Tien Giang, said Huynh Van Nguyen, director of Tien Giang Province’s Transport Department. The toll station which is located at KM 1999+300 is scheduled to collect fees within six years and four months, starting from on August 1. The toll for vehicles of fewer than 12 seats, trucks of less than two tons, and commuter buses is VND35,000 per trip. The monthly toll is VND1.05 million, and the quarterly toll is around VND2.8 million. The tolls for vehicles of 12-30 seats and trucks of 2-4 tons are VND50,000 per trip, VND1.5 million per month and VND4.05 million per quarter. The tolls stand at VND60,000 per trip, VND1.8 million per month and VND4.8 million per quarter for vehicles of 31 seats and more, and trucks of 4-10 tons. Trucks of 10-18 tons and 20-foot semi-trailers pay VND100,000 per trip, VND3 million per month and VND8.1 million per quarter. Especially, trucks weighing over 18 tons, or carrying a 40-foot container are charged at VND180,000 per trip, VND5.4 million per month and about VND14.6 million per quarter. The bypass project includes a 12-kilometer section around the Cai Lay Town, and an improved section of National Highway 1 spanning 26 kilometers across Tien Giang Province. The VND1.4-trillion project, which got…... [read more]

Phan Thiet Airport to lengthen runwayLe Anh HCMC – The runway of Phan Thiet Airport in the south-central province of Binh Thuan will be lengthened from 2,400 to 3,050 meters to ensure sustainable development and enhance the effectiveness of the airport which is still under construction. The Transport Department of Binh Thuan Province said the central Government has approved a scheme to upgrade the airport from level 4C to 4E. Currently, relevant agencies are making preparations for the upgrade such as completing design work and investment procedures. The Transport Department said site clearance for the airport project, whose construction began nearly three years ago, has not been completed, as a company has not handed over 98.58 hectares of land to implement the project due to an ongoing compensation dispute. Site clearance is expected for completion next month. Roads leading to the airport will be also built at the end of the year. The construction of Phan Thiet Airport was commenced in January 2015 on a total area of 543 hectares including a 150-hectare area for the air force, a 145.6-hectare civil aviation area and a 247.4-hectare shared area. Up to 48 households and six organizations were asked for relocation. The airport was planned to be used for both civil and military flights. It was initially designed to handle 500,000 passengers by 2020 using ATR 72, F70 and other small aircraft, and one million passengers by 2030 using A320 and A321 airplanes. The two-phase project includes a 2,400-meter-long runway on a…... [read more]

Taiwan sees good potential for medical cooperation with VietnamHoang Nhung HCMC – Taiwan sees strong potential for boosting medical cooperation with Vietnam, especially in medical tourism and supply of medical equipment for Vietnamese hospitals, said Angela Chang, director of the Taiwan External Trade Development Council. Speaking on the sidelines of an exhibition on Taiwan’s general healthcare held in HCMC from July 25 to 29, Chang said more Vietnamese patients have traveled to Singapore, Thailand, China and Taiwan for medical treatment. There were up to 2,000 Vietnamese traveling to Taiwan in 2015 for medical treatment, she said. This is a great opportunity for Taiwan’s healthcare sector to get more customers from Vietnam, especially when medical cost in Taiwan is just about one-fifth of those in Western countries. In addition, investment in medical projects in Vietnam is another sphere of strong potential. In Vietnam, one hospital invested by Taiwan’s Shingmark Enterprise is being built in Bien Hoa City, Dong Nai Province. The Shing Mark Hospital has been constructed since 2013 with an initial investment of VND6.4 trillion. After completion, the nine-floor hospital will have 1,500 beds and cover an area of 87,000 square meters. The first 150 beds are ready and the hospital is officially opened for patients from now. Some Taiwanese specialists in the healthcare sector believe Vietnam is in high demand for healthcare investment in the future, and therefore, Taiwan will boost investment in the medical sector in Vietnam and some others in the region. Many Taiwanese experts said they…... [read more]

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