Military gala night features Vietnam-Cambodia ties

VietNamNet Bridge - The State Bank of Vietnam is determined to get rid of cross-ownership status at banks, but  the achievements remain modest. Duong Cong Minh, former chair of LienVietPost Bank, before running for the post of chair of Sacombank, sold all the shares he was holding in LienVietPost Bank. And so did Him Lam Group. Him Lam, the founding shareholder and the largest shareholder in LienVietPost Bank which held 14.98 percent of the bank’s charter capital (96.77 million shares), is no longer a shareholder of LienVietPost Bank since June 24. The State Bank of Vietnam is determined to get rid of cross-ownership status at banks, but  the achievements remain modest. Minh and his Him Lam Group had to divest from one bank before Minh became the chair of another bank as stipulated in the central bank’s Circular 36 on the permitted ownership ratios. The number of banks with cross-ownership fell from seven to three. SBV recently took strong actions to reduce the cross-ownership at banks However, the cross-ownership still exists. Circular 36 stipulates that one bank can hold shares of no more than two other banks and the amount of shares it can hold is less than 5 percent of total shares. Before the circular was issued, Vietcombank held 9.8 percent of MBB shares, 8.2 percent of Eximbank shares, 5.26 percent of Saigon Bank and 4.6 percent of OCB shares. And by July 18, the bank still held 7.16 percent of MBB, 8.19 percent of Eximbank, 4.3 percent of…... [read more]

VietNamNet Bridge – The Viet Nam Drama Theatre is touring Europe to present a comedy criticising egotism. Big ego: A scene in Benh Si (Egotism). The play will be performed in various cities in Europe. — Photo courtesy Viet Nam Drama Theatre The troupe, led by theatre director Nguyen The Vinh, said they are happy to perform for the Vietnamese expatriate communities in Europe. They will perform in the Czech Republic, Germany, Poland, Austria, Hungary, Russia and Ukraine from now to September 4. Directed by People’s Artist Tuan Hai, the comedy Benh Si (Egotism) is one of the most famous plays written by late playwright Luu Quang Vu. It stars actors Xuan Bac, Phu Don, Viet Thang and actress Ho Lien. Taking place in a rural village in the north, the play is about a commune chairman and his officers, who are ordinary and good-natured people. However, they begin to consider themselves ‘noble’, and start to seek glory. Ridiculousness occurs happen when the officials’ good natures cannot change to adapt to their new lives. Luu Quang Vu wrote more than 50 plays. Most of them criticise the dark side of society, especially focusing on corruption and authoritarian behaviour. The play Benh Si was Vu’s last production before he died aged 40 in a traffic accident in 1988. It has been performed throughout the country and received great acclaim from audiences, said director Vinh. “The play reflects the negative problems of society,” said Vinh. “Though it was written 20 years ago,…... [read more]

VietNamNet Bridge – Authorities in the Cuu Long (Mekong) Delta province of An Giang on Tuesday discovered a newly eroded area extending 270 metres along the Hau River on An Thanh Islet. Authorities in the Cuu Long (Mekong) Delta province of An Giang on Tuesday discovered a newly eroded area extending 270 metres along the Hau River on An Thanh Islet. — Photo The section, located in Cho Moi District’s Hoa An Commune, is near another eroded area of 2,000 square metres that fell into the river on August 10. The land was being used to grow flowers for Tet (Lunar New Year) next year. At least 19 erosion spots, covering a total length of 1,738 metres along the riverbank, have been detected, according to the provincial Department of Agriculture and Rural Development. The Cho Moi People’s Committee has asked residents to move their flower plants out of the area. The erosion has affected 172 houses and caused 20 houses to collapse into the Hau River, with damage estimated at more than VND89 billion (US$3.9 million).  Source: VNS related news Mekong Delta struggles with erosion Serious erosion occurs in western coast of Kien Giang Mekong Delta blighted by riverbank erosion Ministry identifies eight causes behind landslides in Mekong Delta... [read more]

VietNamNet Bridge – Archer Chau Kieu Oanh won a silver medal at the 29th Southeast Asian (SEA) Games in Malaysia yesterday, Viet Nam’s first medal the this year’s Games. On target: Chau Kieu Oanh (left) poses with her silver medal at the 29th Southeast Asian (SEA) Games in Malaysia yesterday. — Photos: VNA/VNS Oanh lost 143-144 to Sri Ranti of Indonesia in the final of the women’s individual three-string bow category. It was the first time Oanh took part in the region’s largest sporting event and is relatively inexperienced internationally. “I regretted that I made an error in the first shot because of psychological pressure. Although I tried my best I couldn’t take gold. However, I am very happy as it is my first medal in the Games. I want to give it my parents,” said Oanh. Oanh said if she won gold it would be a special gift for her on the occasion of her birthday. “I was determined to win gold in Malaysia to celebrate my 20th birthday on August 21. But in sport, anything can happen. I still have two more events so I will make every effort to gain the best result,” Oanh added. Earlier, the southern province of Tra Vinh-born player Oanh beat Su Su Hlaing of Myanmar 139-134 in the qualifying round. She defeated Aung Ngeain of Myanmar 144-141 in the quarter-finals and then Fatin Nurfatehah Mat Salleh of the hosts 145-142 in the semi-finals. Also in this division, Fatin of Malaysia won the…... [read more]

Deputy chairman of HCM City’s District 1 Doan Ngoc Hai have shut down more parking lots on local pavements after he resumed the street clearing campaign. On the evening of August 16, an inspection taskforce led by Hai checked a parking lot on Hai Ba Trung Street, Ben Nghe Ward. The parking area representative failed to show the parking lot’s operation licence, but just an old licence which issued to the district’s urban order management team and had expired from June 30.    The parking lot owned by District 1's urban order management team.   Hai said that the district’s urban order management team was not allowed to own a parking lot, and it down from today, August 17. Some days ago, he also instructed to clear illegal parking lots on Nguyen Van Binh Street which is often known as HCM City’s book street. Hai also identified parking lot on Cong Xa Paris square area as illegally charging for parking as its licence expired in 2015, but has been collecting fees from visitors since then. Also on the evening of August 16, the pavement clearance team led by Hai also punished a range of restaurants and water stalls for the pavement encroachment.       Doan Ngoc Hai checking papers related to the operation of the parking lot   Many cars which were illegally parked on local pavements were also…... [read more]

VietNamNet Bridge – In heavy rain, Australian Josh Berry of Premium Cycling Vinh Long won the fifth stage of the Mekong Delta Cycling Tournament, the Hat Ngoc Troi Rice Cup, yesterday. Josh Berry celebrates winning fifth stage of the Mekong Delta Cycling Tournament, the Hat Ngoc Troi Rice Cup, yesterday. — Photo Berry pulled away in the last 10kms to triumph in the 107km stage from Vị Thanh to Cà Mau City with a time of 2:44.57. Le Van Duan of VUS-HCM City and Do Tuan Anh of Domesco Pharmacy Dong Thap were the runners-up. Duan holds the green jersey as the best sprinter with 83 points, while Nguyen Tuan Vu of Calytos Dong Thap has the white jersey for best young cyclist. Le Ngoc Son of Gao Hat Ngoc Troi An Giang retained the yellow jersey with an overall time of 16:02.57 after five stages, followed by Pham Quoc Cuong of Calytos Dong Thap and Loic Desriac of Bike Life Dong Nai. Calytos Dong Thap maintained the lead in the team’s rankings with a time of 48:12.07. Gao Hat Ngoc Troi An Giang and Bike Life Dong Nai ranked second and third. This morning, cyclists will race the 114km sixth stage from Ca Mau to Soc Trang City. Source: VNS related news Nguyen Thi That wins national women’s open cycling tournament Miyoko wins international cycling’s second stage... [read more]

VietNamNet Bridge – Nam Tra My District in Quang Nam Province will host the first monthly Ngoc Linh ginseng market from September 29 to October 1. Promising root: Ngoc Linh ginseng harvested at a mountain farm in Nam Tra My District.  The chairman of the district people’s committee, Ho Quang Buu, told Viet Nam News the market in the south central province would provide a meeting point for tourists, investors, traders and local growers of Panax vietnamensis, better known as Vietnamese ginseng. He said the market, to be held every month between the 10th and 12th, would help boost the sale of local medical herbs, farm produce and forestry products, as well as improve the living standard of ethnic groups in the mountainous district. “We will allocate the culture and sport centre in the district to display farm produce, ginseng and herbs at 20 pavilions. Villagers will bring their products to introduce and sell at the market under strict control of quality and brand,” Buu said. Ngoc Linh ginseng, grown both in Nam Tra My District in Quang Nam and Kon Tum Province in the Central Highlands, has been designated a national brand. Earlier this year, the district introduced the first ever Ngoc Linh ginseng and medical herbs centre in Tra Mai Commune as a major source of seed and saplings. The district plans to develop 15,000ha of ginseng farm in seven mountain communes by 2030. According to district authorities, more than 42,000ha of primary forests have been well preserved…... [read more]

VietNamNet Bridge – The Viet Nam National Opera and Ballet (VNOB) will perform ballet, folklore and contemporary dances featuring the tale of My Chau - Trong Thuy at Ha Noi Opera House on August 23 & 24.  Meritorious Artist Phan Luong (standing) plays Trong Thuy. Photos courtesy of VNOB Based on My Chau - Trong Thuy, the story about the reign of King An Duong Vuong in the 3rd century BC, the 90-minute work Moi Tinh Thanh Co (Love in Citadel) features the tragedy of the King’s daughter My Chau. "The tale has been being staged by many theatres with different genres of art such as tuong (classical opera), cheo (traditional opera) and cai luong (reformed theatre), it is amazing to stage My Chau - Trong Thuy with dance," said Meritorious Artist Phan Luong.  Luong plays Trong Thuy, and will perform ballet and contemporary dances.  Legend has it that Au Lac, as Viet Nam was known years ago, was a kingdom where peace reigned. King An Duong Vuong built a new citadel and got a magic crossbow to protect his kingdom. Princess My Chau fell in love with Trong Thuy, a son of Trieu Da, the lord of a rival state that bordered Au Lac in the north, and the two wedded. After the wedding, Trong Thuy asked for the secret of the crossbow, but My Chau declined at first. Finally she revealed the secret and her kingdom was promptly attacked. The king killed My Chau for her betrayal. In…... [read more]

America's closest allies condemned U.S. President Donald Trump in unusually strong and personal terms on Wednesday after he put part of the blame for violent clashes in the state of Virginia on those marching against gun-brandishing neo-Nazis. British Prime Minister Theresa May, widely criticised at home for cultivating close ties to Trump during his first half year in office, spoke out after the president repeated his view that the white nationalists and counter-protesters were both to blame. "There's no equivalence, I see no equivalence between those who propound fascist views and those who oppose them and I think it is important for all those in positions of responsibility to condemn far-right views wherever we hear them," May said. The leader of the centrist Liberal Democrats said May should rescind her invitation to Trump to pay a state visit to Britain. "After. @realDonaldTrump whitewash of murder and hatred by #WhiteSupremacists why is he still on list of invited official guests to UK?" Vince Cable tweeted. Politicians in Germany, which has tough laws against hate speech and any symbols linked to the Nazis who murdered 6 million Jews in the Holocaust, expressed shock at the images of people in Charlottesville, Virginia carrying swastikas and chanting anti-Jewish slurs. Chancellor Angela Merkel condemned the "racist, far-right violence". Her challenger in next month's election called Trump's comments the "confused utterances" of a dangerous man. "We should not tolerate the monstrosities coming out of the president's mouth," Martin Schulz told the RND newspaper group in…... [read more]

With the aim of building a dialogue channel for Vietnamese and Taiwanese green energy industries, as well as supporting Taiwanese companies to develop the Vietnamese green energy market, Vietnam Chamber of Commerce and Industry, Ho Chi Minh Branch (VCCI-HCM) recently collaborated with the Taiwan External Trade Development Council (TAITRA) to host the Conference on Green Energy Insights: Vietnam-Taiwan Trends and Development.” Speaking at the conference, Madam Karen Ma, Director of the Green Trade Project Office, Taiwan, said, in many Asian countries like India, Thailand, Singapore and Brunei, using green energies, including solar energy, is highly recommended and seen as an effective solution to ensure national and regional energy security. In particular, these countries have also developed complete legal frameworks to provide a solid foundation for green energy development in the future. “While energy demands in developing countries are increasing and non-renewable energy sources are costlier and more environment-polluting, investing in green energy development in general and solar power development in particular is considered to be indispensable and sustainable direction,” she stressed. Taiwan has extensive experience in green energy and can fully use this strength to help Vietnam to harness its abundant green energy potential by introducing advanced green energy technologies to develop green energies and renewable energies in Vietnam, thus enabling Vietnam to achieve the goals of the Green Energy Strategy and implement international commitments for sustainable development, said Karen Ma. Sharing her experience in developing green energy industries, she said, “The core…... [read more]

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