Bản in : Made-in-Vietnam Kobe beef to be sold in June

The first Vietnamese-raised Kobe-style beef will be sold in June in the Central Highlands province of Lam Dong with prices ranging between 3.5 million VND (165 USD) to over 5 million VND (234 USD) per kilogram.

The only farm in Vietnam raising Kobe beef – a world-famous cow variety originating from Japan with strict rearing stipulations such as drinking beer, listening to music and receiving massages – is located in Tan Lac commune, Bao Lam district.

Director of the Vietnam Kobe beef corporation that owns the farm Nguyen Tri Duc Vu told “Nguoi Lao Dong” newspaper that his company was set up in 2009 as part of a cooperation programme between Vietnam and Japan.

The company imported Kobe sperm from the US and bred them with the local dairy cows for the first generation.

In 2011, it imported 120 dairy cows for breeding, including 100 from Australia and Thailand .

The farm currently has nearly 100 F1-generation Kobe cows ranging from 12 to 26 months old.

Kobe cows are adapted to cool weather, therefore often facing complications from the exposure to high temperatures in Vietnam, especially those under four months old.

As such, a special health care and strict raising process is required. In addition to daily food, the cows will be supplemented with essential vitamins and minerals.

The cows are fed a regimen of broken rice grains, bagasse and soybeans residue.

A new-born Kobe cow weighs around 30-40 kilograms. After birth, the cow is weighed and receives a health check. Each calf has an identity card with its birthday, origin and traits.

Kobe cows must be raised for nearly 32 months to reach their full weight of around 800-1,000 kilograms.

Every morning before feeding the cows, farmers will turn on classical music to relax the cows and increase their appetite.

Vu said the first made-in-Vietnam Kobe beef will be sold in Lam Dong next June and in Hanoi and Ho Chi Minh City in the future.

The meat for sale is limited, he said, adding that only about 5-10 will be slaughtered a month. Each could provide 300-400 kilograms of meat.

Vu revealed that his company is pouring 40 billion VND (1.87 million USD) to expand the farm.

It is expected to raise 900 cows in the coming years.

In 2015, the company plans to rear the first generation of Kobe cows in the first four months and entrust them to farmers who will look after the cattle until they reach 26 months of age.

The company will then take over from the farmers and fatten the cows before they are sold in the market.-VNA



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Vietnam, China cooperation steering committee holds 8th meeting – Viet Nam – News

At the meeting, Minh and Chinese State Councillor Yang Jiechi focused discussions on measures to realise agreements reached during Party General Secretary Nguyen Phu Trong’s visit to China in April 2015 and efficiently implement an action programme on the Vietnam-China strategic cooperative partnership in order to enhance bilateral ties.
Both sides agreed to maintain regular visits and meetings between the two countries’ high-level leaders, carry out a cooperation plan for 2016-2020 between the two Parties, and organise several exchange activities for people and youth in 2015.
At the meeting

At the meeting

They decided on priority initiatives to strengthen cooperation between ministries, sectors and localities, particularly in diplomacy, defence, security and law enforcement while agreeing on specific measures to boost economic, trade and investment ties and expand cooperation in agriculture, health, transport, and science and technology.
The two sides also exchanged views candidly on maritime issues, stressing the need to follow important common perceptions reached by the Parties’ and States’ high-level leaders, and strictly implement the agreement on basic principles guiding the settlement of maritime issues.
They emphasised the importance of effectively using government-level negotiation mechanisms for the Vietnam-China territorial border; using negotiations to seek basic and long-term solutions acceptable for both countries to controlling differences at sea; fully implementing the Declaration on the Conduct of Parties in the East Sea (DOC); working towards the formation of a Code of Conduct in the East Sea (COC); and avoiding any actions that complicate disputes in order to maintain the Vietnam-China partnership as well as peace and stability in the East Sea.
On June 18, the Vietnamese official met with Premier Li Keqiang, during which he affirmed Vietnam attaches importance to developing its comprehensive strategic cooperation partnership with China.
He asked the Premier to direct Chinese sectors and localities to implement the outcomes of the meeting, intensify the import of Vietnamese agro-fishery and forestry products – especially rice – and address disputes in the East Sea on the basis of international law, including the 1982 United Nations Convention on the Law of the Sea.
Premier Li, in turn, confirmed that the Chinese Party, Government and people wish to maintain high-level meetings and visits between the two countries and are willing to work with Vietnam to deal with disputes and boost bilateral cooperation to maintain peace, stability and prosperity in the region.
The same day, Minh received Foreign Minister Wang Yi. The two sides agreed to strengthen collaboration between their ministries, intensify visits and meetings between senior leaders and enhance cooperation in economics, trade and investment.



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Bản in : Vietnam int’l trade fairs kick off in Ho Chi Minh City

  • Bản in : PM lays out ambitious plans for Da Nang city

Da Nang should strongly and sustainably boost socio-economic development, especially in hi-tech business, tourism and the poverty alleviation, Prime Minister Nguyen Tan Dung told the central city's administration on April 14. PM Dung said the central city had already achieved good results in construction, planning and infrastructure investment. "The city has successfully changed its economic structure, of which tourism and services accounted for nearly 68 percent. Budget collection and exports have also grown well in the first quarter," PM Dung said. He said the city should overcome any difficulties and promote its socio-economic development in coming years. The prime minister…... [read more]

  • Work on Vinpearl Southern Hoi An complex started

(CPV) - The construction of Vinpearl Southern Hoi An complex was kicked off on March 26th, in the central coastal province of Quang Nam. The ceremony was attended by Prime Minister Nguyen Xuan Phuc and leaders of Quang Nam. The project, located in two communes, Binh Duong and Binh Minh in Thang Binh district, is the first tourism and recreation complex of the Vinpearl system. It is capitalized with more than VND5 trillion. The complex will cover 200 hectares and includes a hotel and villas, Vinpearl Golf, Vinpearl Land, Vincom mega mall, and hi-tech agricultural area in combination with VnEco…... [read more]

  • Safari park opens in Bình Định Province

Viet Nam News BÌNH ĐỊNH - The FLC real estate group opened its safari park in the central Bình Định Province's Quy Nhơn City to visitors on Saturday. Spread across 38.5 hectares in the FLC Quy Nhơn eco-resort complex, the semi-wild park, which officially opened on Saturday, is home to more than 1,000 individual animals and serves as a biodiversity conservation facility. The recent launch of the FLC eco-resort complex helped attract 3.2 million tourists to the central province in 2016, a year-on-year increase of 23 per cent, said Hương Trần Kiều Dung, vice chairwoman of the group's board of…... [read more]

  • Vingroup invests VNĐ5 trillion in Vinpearl South Hội An

Viet Nam News HÀ NỘI - The property and retail conglomerate Vingroup JSC (Vingroup) kicked off construction of the Vinpearl South Hội An Complex on Sunday. The complex has investment capital of VNĐ5 trillion and covers an area of 200ha. It is located in Bình Dương Commune, Thăng Bình District, in the central province of Quảng Nam. Vinpearl South Hội An will include hotels, Vinpearl villas, Vinpearl Golf sports centre and Vinpearl Land amusement park, as well as shopping zones and VinEco hi-tech agriculture area. The project is divided into two phases. The first phase is expected to be finished…... [read more]

  • Safari park opened in Binh Dinh province

Covering 38.5 hectares at the FLC Quy Nhon eco-resort complex, the semi-wild park, home to more than 1,000 animal individuals, serves as a biodiversity conservation facility. It began receiving visitors from March 26. The recent launch of the five-star FLC eco-resort complex has helped Binh Dinh attract 3.2 million tourists in 2016, a year-on-year increase of 23%, according to Vice Chairwoman of the group’s Board of Management Huong Tran Kieu Dung. The complex covers 1,300 hectares and has a total investment of VND7 trillion (US$311 million). It houses a 36-hole golf course, a 1,500-room five-star hotel, a 1,500-seat international convention…... [read more]

  • HCM City set to host textile, garment industry expo

The Vietnam Saigon Textile and Garment Industry/Fabric and Garment Accessories Expo (Saigon Tex 2017) that will showcase high-end machinery and equipment and feedstock for the textile and garment industry will be held in HCM City next month. The 35,000sq.m expo is expected to attract nearly 1,200 exhibitors from 23 countries and territories, including Belgium, Canada, China, the Czech Republic, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Korea, Malaysia, the Netherlands, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the UK, the US and Viet Nam. It will also feature several seminars, including on increasing value for Vietnamese textile and garment…... [read more]

  • City to host textile industry expo

Viet Nam News HCM CITY - The Vietnam Saigon Textile and Garment Industry/Fabric and Garment Accessories Expo (Saigon Tex 2017) that will showcase high-end machinery and equipment and feedstock for the textile and garment industry will be held in HCM City next month. The 35,000sq.m expo is expected to attract nearly 1,200 exhibitors from 23 countries and territories. It will also feature several seminars, including those on increasing value for Vietnamese textile and garment products, challenges and investment opportunities in the textile and footwear sector, trade barriers from the free trade agreement between the EU and Việt Nam, as well…... [read more]

  • Bản in : Asian remote sensing conference opens in Hanoi

The 31 st Asian Conference on Remote Sensing (ACRS) kicked off at the National Conventional Centre in Hanoi on November 1, drawing the participation of over 600 scientists and managers from the region and North America. The five-day event is being organised by the Vietnam Association of Geodesy, Cartography and Remote Sensing (VGCR), and the Institute of Geography , in conjunction with the Asian Association on Remote Sensing (AARS). The annual event is aimed at helping scientists and managers exchange the most updated information regarding remote sensing, space, geographic information systems (GIS) and other applications; and discuss the development of…... [read more]

  • Bản in : Cultural events to celebrate national day

To celebrate Vietnam National Day on September 2 and the 40 th anniversary of the implementation of President Ho Chi Minh’s testament, various art performances will be taking place in Hanoi and HCM City. The highlight of the celebrations will be a music gala to honour the life, career and service of President Ho Chi Minh at Ba Dinh Square on Saturday (August 29). Entitled “Ho Chi Minh – Mot Doi Vi Nuoc Vi Dan” (Ho Chi Minh – A Life Devoted to the Country and People), the performance is being co-organised by the Ho Chi Minh Mausoleum Management Board,…... [read more]

  • Da Nang city accelerates construction on projects serving APEC 2017

Investors are taking advantage of convenient climate to accelerate the building of key constructions serving the 2017 APEC Summit in Da Nang city. The Ariyana Da Nang Exhibition and Convention Centre (ADECC) is chosen to be the place for the APEC CEO Summit. The 3-storey construction provides a floor area of over 10,600 square metres and is able to receive 2,150 people. It is expected to be in trial use this May. BTA (Photos: baodanang.vn)... [read more]

Bản in : Cuba to enhance experience exchange with Vietnam: official

Cuba wishes to regularly exchange experience with Vietnam to promote socialism in their respective nations, said Politburo member and Vice President of the Cuban State Council Lazara Mercedes Lopez Acea.

She made the remark during talks on June 16 with Vietnamese Politburo member Pham Quang Nghi, who led a delegation of the Communist Party of Vietnam (CPV) on an official visit to Cuba.

The host, who is also the Secretary of the Communist Party of Cuba (PCC)’s Havana Committee, reviewed the progress in the two countries’ relations.

She stressed that the Parties’ comprehensive leadership is pivotal to the success of the reform process in Vietnam and the economic model update in Cuba.

Nghi, who is also the Secretary of the Hanoi Party Committee, congratulated Cuba on its updated economic model achievements and growing standing in the world.

He voiced his support for increasing exchanges of high-ranking party delegations, promoting the efficiency of inter-governmental meetings and bringing economic cooperation on par with their political relations.

At the talks, both sides highlighted the 55th founding anniversary of bilateral relations later this year and emphasised its importance to effectively implement the Parties’ cooperation agreement for the 2014-2019 period.

They committed to working closely to prepare for and organise the Parties’ third theoretical workshop and boost partnerships between Hanoi and Havana.

Also on June 16, the Vietnamese official held separate meetings with Head of the PCC’s international relations department Jose Ramon Balaguer Cabrera, Head of the PCC’s organisation and personnel department Abelardo Alvarez Gil, and Head of the PCC’s religious affairs office Caridad Diego.

The two sides briefed each other on their respective countries’ situations and discussed political, foreign, and religious issues and their coordination in organising joint activities.-VNA



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Lawmakers in discussions on legal reforms – Viet Nam – News

The Hanoitimes – Lawmakers discussed amendments to the Civil Procedure Code in their plenary session in the morning of June 15 during the National Assembly’s ongoing ninth sitting.

A majority of deputies agreed that revisions were needed to cement the Party’s guidelines for legal reform. Areas addressed include the organisation of court trials, the rights and responsibilities of people involved in court proceedings and the quality of proceedings.

Vu Xuan Truong of Nam Dinh province and Dang Dinh Luyen of Khanh Hoa province asked the drafting committee to carefully review the law, explaining each change they made.
Vi Thi Huong of Dien Bien province and Pham Van Ha of Nghe An province said the Supreme People’s Procuracy’s role in proceedings must jibe with the 2013 Constitution. According to the Constitution, the procuracy controls and supervises trial proceedings.
Giang Thi Binh of Lao Cai province, Nguyen Minh Lam of Long An province, Nguyen Xuan Thuy of Phu Tho province and others asked the drafting committee not to change Article 21, which mandates the Supreme People’s Procuracy’s presence during court proceedings.
Deputies also asked the committee to adhere to the Constitution’s protection of legal rights, and the interests of the Vietnamese State and its citizens.
Other topics included adjournment rights and applying legal precedents during trial.
In the afternoon, NA members discussed the amended Code of Criminal Procedure. Talk mostly focused on Article 2, which stipulates that the court cannot reject a civil case even if there are no related law articles to apply.
Nguyen Cong Hong, NA member from Ha Tinh, said the new amendment was in accordance with the Constitution 2013. He said the regulation was also in line with Government efforts to build a governance system that focused on protecting citizens’ rights. Therefore, he said, it was not right for the court to reject a civil case because there “there are no laws to apply”.
Hong said the rejection could lead to citizens using personal ways to deal with conflict, adding that this could be very dangerous.
Nguyen Thai Hoc, an NA member from Phu Yen province, said the new regulation would help citizens to increase their trust in courts. However, NA member Vo Thi Hong Thoai said it would not help the court if there was no legal basis to solve the case.
Speaking at the discussion, Chief Judge of the People’s Supreme Court Truong Hoa Binh, said the basis for the new article was that the Government wanted to protect people’s rights.
He added that Vietnam also participated in the International Covenant on Civil and Political Rights, which stipulated the legal rights of citizens and ensured the law to recognise the civil rights of the people.
Binh acknowledged that there should be further research on the shortcomings of the regulation.
However, he noted that the court would protect justice, the rights of the people and organisations, but would ensure it would strictly refuse cases that violated the law and affected the political system.



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Hanoi seminar talks ASEAN Politics-Security Community – Viet Nam – News

  • Nhandan Newspaper - Symposium spotlights integration’s opportunities, challenges

2015 is considered a special year for Vietnam’s global integration, with the successful conclusion of the Trans-Pacific Partnership (TPP) negotiations, and the formation of the ASEAN Economic Community. The intensive integration into the region and the world is believed to generate a host of opportunities and challenges for society overall, the economy, and each individual person. Prof. Tran Tho Dat and Assoc. Prof. To Trung Thanh from the National Economic University said from 2016 and in following years, Vietnam must drastically reform its growth model, restructure its economy, renovate FDI attraction policies, and foster support industries. The State should design…... [read more]

  • Bản in : Dialogue highlights influence of ASEAN Economic Community

The impacts of the 2015 formation of the ASEAN Economic Community (AEC) on the lives of citizens in Vietnam and the entire region was the main focus of a policy dialogue held in Hanoi on September 4. The event was jointly organised by the Ministry of Labour, Invalids and Social Affairs, the International Labour Organisation (ILO) and the Asian Development Bank (ADB) on the sidelines of the 6 th APEC Human Resources Development Ministerial Meeting. It provided an opportunity for representatives from Vietnam and international organisations to discuss the country’s comprehensive international integration policy, which focusses on regional and global…... [read more]

  • VN fresh produce losing market share to Thailand

Hanoi Supermarket Association chair Vu Vinh Phu told stakeholders at a recent business conference that Vietnamese consumers have lost confidence in home grown fresh fruit and vegetables. Farmers and local wholesalers are not benefiting from the large number of free trade agreements such as the ASEAN Economic Community, declared Phu. Those trade deals have just resulted in more imports of fresh produce streaming across the border at the expense of the domestic sector. Phu said he would like to see free trade take root in the country but as long as the situation continues like this— the country as a…... [read more]

  • Give people direct stake in ASEAN unity - Opinion - Outlook - Vietnam News Politics, Business, Economy, Society, Life, Sports

I carried out a small, informal survey on my own recently. I spoke to students from several universities in Ha Noi about ASEAN, wanting to learn a bit about what they thought of the concept and ideal of the ASEAN Community (AC), which is expected to materialise in 2015. Every student knew the name ASEAN, but most did not know much else. They did not know much about its history, its aims and so on. Some of the students could not even list all the member states that make up the bloc. If this was the level of awareness among…... [read more]

  • Improving SMEs` competitiveness in global integration - Industry - Economy

The Hanoitimes - Small and medium–sized enterprises (SMEs) have been urged to improve their competitiveness amid rapid global integration, to grab opportunities as signs of economic recovery are already emerging in 2015. Bui Thu Thuy, deputy director of the Agency for Enterprise Development under the planning and investment ministry, said at a conference held by the Viet Nam Chamber of Commerce and Industry yesterday that SMEs would continue to struggle this year, despite their large contribution of 50% of the GDP. Thuy pointed out that SMEs were encountering problems of credit difficulties, small capital scales, outdated technologies and weak management…... [read more]

  • Local fresh produce losing market share to Thailand

Farmers and local wholesalers are not benefiting from the large number of free trade agreements such as the ASEAN Economic Community, declared Phu. Those trade deals have just resulted in more imports of fresh produce streaming across the border at the expense of the domestic sector. Phu said he would like to see free trade take root in the country but as long as the situation continues like this— the country as a whole is not benefitting and he prefers protectionist measures be put in place. The supermarkets are not being hurt as much because it doesn’t affect their sales…... [read more]

  • Bản in : Declaration on the ASEAN Community establishment signed

Kuala Lumpur (VNA) - Leaders of the 10 ASEAN member countries signed the Kuala Lumpur Declaration on the Establishment of the ASEAN Community at the 27 th ASEAN Summit in Kuala Lumpur, Malaysia on November 22. Following are the full text of the declaration. “WE, the Heads of State/Government of the Member States of the Association of Southeast Asian Nations (hereinafter referred to as ASEAN), namely Brunei Darussalam, the Kingdom of Cambodia, the Republic of Indonesia, the Lao People's Democratic Republic, Malaysia, the Republic of the Union of Myanmar, the Republic of the Philippines, the Republic of Singapore, the Kingdom…... [read more]

  • Nhandan Newspaper - Community establishment to be signed by ASEAN leaders

During the 27th ASEAN Summit and related meetings that will take place in Kuala Lumpur, Malaysia, from November 18-22, ASEAN leaders will also sign the Kuala Lumpur declaration on the ASEAN Vision to 2025 and discuss regional and international issues of shared concern, announced a press conference in Kuala Lumpur on November 18. The summit will draw leaders from ten ASEAN member nations and dialogue partners, including Australia, China, India, Japan, the Republic of Korea (RoK), New Zealand, Russia, and the US. The United Nations Secretary General will attend the event, said the press conference. A series of related activities…... [read more]

  • Viet Nam, Thailand look for garment, textile co-operation - Industry - Economy

Nguyen Van Tuan, deputy general secretary of the Viet Nam Textile and Apparel Association, said in recent years that Viet Nam had emerged as a production hub for garment and textile products.However, the industry has had to import up to 85 per cent of materials needed for production.He said cooperation with Thailand was necessary as it has advantages in textiles, design and administration.Phasiree Orawattanasrikul, vice chairwoman of Thai Garment Manufacturers Association's (TGMA) Trade and Investment Promotion sub-committee, said Thailand's textile and garment industry had an entire supply chain cycle from upstream to downstream, from yarn manufacturing to apparel manufacturing. It…... [read more]

  • Economist: Vietnam needs to take measures ahead of AEC establishment - Economy

The Hanoitimes - Vietnam needs to take measures to protect itself including aligning its economic institutions with other ASEAN nations in order to avoid the risk of economic crisis when the ASEAN Economic Community (AEC) is officially formed, according to a leading economist. The ASEAN Economic Community (AEC) – a key pillar in the ASEAN Community which came into being on December 31, 2015 – has set a foundation for the start of a new chapter in economic integration in the Southeast Asian region. During an interview granted to Vietnam News Agency correspondents, Dr. Nguyen Chi Hieu, a financial and…... [read more]

Government keeps close control of public debt – Viet Nam – News

The Prime Minister has issued a number of measures on public debt control such as strengthening management of public spending, increasing long-term, domestic and official development assistance (ODA) loans at low interest rate (averagely 1.6 percent per year), and strictly managing the Government-guaranteed loans, the official said.
Deputy PM Nguyen Xuan Phuc took the floor at the Q&A session of the ninth sitting of the 13th National Assembly

Deputy PM Nguyen Xuan Phuc took the floor at the Q&A session of the ninth sitting of the 13th National Assembly

Regarding international economic integration, he stressed Vietnam’s proactive and active integration in 2015. The ASEAN Free Trade Area (AFTA) offers both opportunities and challenges, he said, adding the improvement of legal institution and investment climate, and economic restructure are of importance.
Vietnam is one of the countries to actively implement the three pillars of the ASEAN Community, namely politics-security, economics, and social-cultural affairs, he said, warning difficulties still lie ahead such as how to preserve the national cultural identities when engaging in the ASEAN common house.
Deputy PM Phuc also underlined the Government’s key measures to fulfil the 2015 national socio-economic plan such as promoting agriculture production and sales of farm produce; increasing social investment in infrastructure building, especially transport system; bettering business climate and increasing competitiveness; while addressing social concerns, mitigating impact of natural disasters, and ensuring social order and safety.
He reported that in the first five months of 2015, the consumer price index (CPI) increased by 0.2 percent and the credit growth reached 5.18 percent, higher than 1.51 percent of the same period last year.
The Government pledged to implement more effectively the agriculture restructure project towards increasing the added value of the products and selecting plants and animals suitable with conditions of each regions and localities, he said.
Regarding the question on anti-corruption, Deputy PM Phuc said the country detected and handled 256 cases in 2014, up 25 cases from the previous year.
The Central Steering Committee for Corruption Prevention and Fight has put forth major measures such as building institutions, increasing international cooperation, and promoting the role of elective agencies and the Vietnam Fatherland Front in detecting dishonest or illegal behaviours.
As regards encouraging the involvement of all sectors in infrastructure development investment, he said this is a policy of the Party and State, but it does not means privatisation and must be under the State management for the sake of the stakeholders: the State, investors, and people.
He added that the private economic sector plays a crucial role in the economy to generate jobs and create gross domestic product (GDP). The Law on Business, which took effect in 2005, has enabled the development of enterprises, he said, noting that the establishment of large-scale and highly competitive firms is essential in the integration process.
The Government pledged to create favourable business environment, stabilise the macro economy, accelerate equitisation of State-run businesses and administrative reform to ensure fair and transparent playing grounds for businesses, he stated.
Concluding the question-and-answer session, National Assembly Chairman Nguyen Sinh Hung said the session heard over 130 opinions from the deputies and more than 200 issues of public concerns put on the table. The discussion took place in a democratic, straightforward, and constructive fashion, he said.



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IMF willing to continue supporting Vietnam – Viet Nam – News

  • Vietnam hopes to get IMF’s advice: NA vice chief

She made the proposal while receiving IMF Deputy Managing Director Mitsuhiro Furusawa in Hanoi on June 12. She also asked for IMF’s recommendations on the management of macro-economy, monetary and fiscal policies as well as measures and resources for economic restructuring, especially in banking reform and bad debt settlement. The NA Vice Chairwoman also expressed hope that the IMF continue assisting NA bodies by providing them with expertise and policy making experience of other countries as well as latest information on the world economy and studies on Vietnam’s socio-economic conditions. On his part, Mitsuhiro Furusawa said he hopes for stronger…... [read more]

  • VN predicted to become world’s factory

VGP – International organizations forecasted that Viet Nam’s GDP growth in 2015 may reach from 6-6.5% and the nation will become the world’s factory. Illustration photo Thanks to achievements in exports, Foreign Direct Investment (FDI), overseas remittances and the business environment, foreign organizations released positive evaluations of the Government’s efforts in improving the business environment. Maintaining the macro-economy, controlling inflation, stabilizing exchange rates and increasing belief in Vietnamese Dong have created a firm foundation for development and gained benefits from trading. The International Monetary Fund (IMF) appraised the nation’s efforts in stabilizing the macro-economy and economic restructuring, especially in terms…... [read more]

  • Vietnam hopes to get IMF’s advice

Vietnam wishes to receive advice from the International Monetary Fund (IMF) on how to overcome difficulties and obstacles to successfully renovate its economy, state National Assembly Vice Chairwoman Nguyen Thi Kim Ngan. She made the proposal while receiving IMF Deputy Managing Director Mitsuhiro Furusawa in Hanoi on June 12. She also asked for IMF’s recommendations on the management of macro-economy, monetary and fiscal policies as well as measures and resources for economic restructuring, especially in banking reform and bad debt settlement. The NA Vice Chairwoman also expressed hope that the IMF continue assisting NA bodies by providing them with expertise…... [read more]

  • NA Vice Chairwoman: Vietnam hopes to get IMF’s advice

(VOVworld) - Vietnam wishes to receive advice from the International Monetary Fund (IMF) on how to overcome difficulties and obstacles to successfully restructure its economy, said National Assembly Vice Chairwoman Nguyen Thi Kim Ngan. Mitsuhiro Furusawa, International Monetary Fund's deputy managing director. (Photo: Getty Images While receiving IMF Deputy Managing Director Mitsuhiro Furusawa in Hanoi on Friday, Ms.Ngan asked for IMF’s recommendations on the management of the macro-economy, monetary and fiscal policies as well as measures and resources for economic restructuring, especially in banking reform and bad debt settlement. She also expressed her hope that the IMF will continue assisting…... [read more]

  • IMF willing to continue supporting Vietnam

The Hanoitimes - Prime Minister Nguyen Tan Dung received Deputy Managing Director of the International Monetary Fund (IMF) Mitsuhiro Furusawa in Hanoi on June 12 during his working visit to Vietnam. The Prime Minister emphasised that Vietnam hopes to increase cooperation with the IMF. At the reception, Prime Minister Nguyen Tan Dung said the IMF has long backed Vietnam, particularly in policy consultation and technical supports. Prime Minister Nguyen Tan Dung (L) received IMF Deputy Managing Director Mitsuhiro Furusawa in Hanoi on June 12 Vietnam’s development goal is a rapid and sustainable socio-economic growth with stable macro-economics, improved social welfare…... [read more]

  • Top IMF official suggests VN update fiscal policies

HA NOI (VNS) — Prime Minister Nguyen Tan Dung emphasised that Viet Nam hoped to increase co-operation with the International Monetary Fund (IMF), while receiving IMF Deputy Managing Director Mitsuhiro Furusawa in Ha Noi yesterday. PM Dung said the IMF has long backed Viet Nam, particularly in policy consultations and in providing technical support. Viet Nam is working to create rapid and sustainable socio-economic growth with stable macro-economics, improved social welfare and reduced poverty. Towards these goals, the Vietnamese government has been making efforts to carry out its defined key policies, which include focusing on completing market economy institutions, accelerating…... [read more]

  • IMF official supports VN’s reforms

VGP – PM Nguyen Tan Dung extended thanks to the International Monetary Fund’s support, particularly in policy consultation and technical assistance, for Viet Nam over the past years. PM Nguyen Tan Dung welcomes IMF Deputy Managing Director Mitsuhiro Furusawa, Ha Noi, June 12, 2015 - Photo: VGP During his meeting with Deputy Managing Director Mitsuhiro Furusawa in Ha Noi on Friday, the Government chief said Viet Nam is developing its economy in a fast and sustainable manner on par with ensuring macroeconomic stability, social progress and equality. To achieve the above target, the Vietnamese Government is doubling its efforts in…... [read more]

  • Prime Minister receives IMF Deputy Managing Director

Prime Minister Nguyen Tan Dung (F) received IMF Deputy Managing Director Mitsuhiro Furusawa in Hanoi on June 12 (Photo:VNA) Prime Minister Nguyen Tan Dung emphasised Vietnam’s hope for increased cooperation with the International Monetary Fund (IMF) while receiving IMF Deputy Managing Director Mitsuhiro Furusawa in Hanoi on June 12. PM Dung said the financial group has long backed Vietnam, particularly in policy consultation and technical supports. Vietnam aims for a rapid and sustainable socio-economic growth with stable macro-economics, improved social welfare and reduced poverty. Towards these goals, the Vietnamese government has been making efforts to carry out its defined key…... [read more]

  • State President receives IMF Deputy Managing Director

VGP - State President Truong Tan Sang on June 11 welcomed International Monetary Fund (IMF) Deputy Managing Director Mitsuhiro Furusawa in Ha Noi. Appraising IMF’s assistance for Viet Nam’s development over the recent years, the State President asserted that Viet Nam respects the IMF’s role as an economic policy consultant and a crucial sponsor for the nation’s socio-economic development plan. Viet Nam has deeply integrated into the world’s economy and gained a number of achievements in poverty reduction, he said, adding that the nation has to face challenges, such as the middle-income nation trap. He hoped that the IMF would…... [read more]

  • President calls on IMF to continue support for VN

HA NOI (VNS) — State President Truong Tan Sang has requested the International Monetary Fund (IMF) to continue its counselling and support to Viet Nam in economic reform and high-quality workforce training. Sang noted that the IMF's help is significant, given that the country is facing a number of challenges, including the "middle-income trap." From a centrally planned economy, Viet Nam has grown into a market economy and has widely integrated into the world, with improved living standards. However, the average income per capita of Viet Nam is far behind the other countries in the region, he told IMF Deputy…... [read more]

Bản in : Vietnamese, Tanzanian Presidents hold talks

Tanzanian President John Magufuli (R) welcomes President Truong Tan Sang (Source: VNA)

Dodoma (VNA) – President Truong Tan Sang held talks with his Tanzanian counterpart John Magufuli within the framework of his State visit to the East African country on March 9.

Both leaders showed their belief that the visit will be a new important milestone, creating a driving force to develop the two countries’ traditional friendship and cooperation for development intensively and effectively.

They said they were satisfied with positive progresses in Vietnam-Tanzania relations since the two nations established their diplomatic ties on February 14, 1965.

President Truong Tan Sang affirmed that Vietnam continually treasures and wishes to expand its mutual beneficial cooperation with African nations, especially Tanzania which has supported Vietnam during its past struggle for liberation and current nation building and development.

He congratulated Tanzania on the achievements in its economic development and reform, while appreciating the country’s contributions to peace, stability and connectivity in the Southern African Development Community, the East African Community and the entire continent.

The Presidents agreed to enhance bilateral political ties through delegation exchanges, intensifying coordination and support at the United Nations, the Non-Aligned Movement and other international forums.

They shared opinions on regional and international situations and shared common principles to address disputes and differences in order to ensure peace and stability in regions and the world.

Both agreed that territorial disputes and conflicts must be settled by peaceful means on the basis of international law.

In terms of trade, the two sides discussed numerous measures to promote bilateral trade in conformity with their countries’ potential.

Along with their strengths, like Tanzania’s cashew nuts and Vietnam’s rice, they agreed to expand import and export in garments and in agricultural machines.

Vietnam is willing to act as a bridge for Tanzania’s goods to approach the markets of ASEAN and members of free trade agreements to which Vietnam is a member, President Sang said, hoping that Tanzania will create favourable conditions for Vietnamese commodities to enter Tanzania, other East African countries and the Southern African Development Community, towards a target of 1 billion USD in two-way trade by 2020.

The two leaders also expressed their delight at the initial success of the Halotel telecoms network of the Viettel Tanzania joint venture, which has contributed to developing telecommunications, creating jobs for Tanzanians, and developing Tanzania’s economic regions.

President John Magufuli said he hopes other Vietnamese enterprises will invest in or share experience and technologies with Tanzania in the fields of agriculture, aquaculture, garment and textiles, and footwear, and invest in Tanzania’s industrial zones.

The two leaders agreed to make agriculture and telecoms the two priorities in bilateral cooperation in the time ahead. They were unanimous in implementing two agricultural cooperation projects in Tanzania, and in the early organising of a second meeting of the Vietnam-Tanzania Joint Committee in Dar-es-Salaam, within the year.

They vowed to encourage the two countries’ localities to cooperate directly – like between Tanzania’s Zanzibar and Vietnam’s Quang Ninh province.

They also reached a consensus on speeding up the signing of an agreement on avoidance of double taxation and another on investment encouragement and protection.

President Sang took the occasion to invite his Tanzanian counterpart to visit Vietnam. The latter accepted the invitation. The date of the visit will be reached through the diplomatic channel.-VNA



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Prime Minister calls on Hung Yen to attract more investment

(VOVworld) – Prime Minister Nguyen Xuan Phuc has urged Hung Yen province, the homeland of the late Party Secretary General Nguyen Van Linh, to uphold its tradition to become wealthier.

prime minister calls on hung yen to attract more investment hinh 0

Working with Hung Yen authorities on Sunday, Mr. Phuc said efforts should be made to develop the industry, attract investment, and protect the environment: “The province needs to renew its political determination to improve the business climate and competitiveness so as to encourage business growth and innovations. Hung Yen should attract foreign direct investment projects in hi-tech and preserving and processing agricultural produce, while creating favorable conditions for the development of small and medium-sized enterprises to generate jobs. The province should work harder to have 16,000 enterprises by 2020, doubling the current figure.”



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Breakfast @ Tuoi Tre News – December 12

Here are the leading news stories about Vietnam you should not miss today, December 12

Here are the leading news stories about Vietnam you should not miss today, December 12

Politics

— During her visit to New Delhi from December 8 to 11, Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan joined talks with Indian President Pranab Mukherjee on Saturday evening, addressing measures to enhance the two nations’ economic cooperation.

Society

— Under the effect of a tropical depression, which was west of Vietnam’s Truong Sa (Spratly) archipelago on Sunday night, rain is forecast to continue in southern Vietnam, according to the National Center for Hydro-meteorological Forecasting.

— Phan Thanh Ngoan, a 30-year-old lieutenant, succumbed to his wounds on Saturday after being stabbed in the stomach at a karaoke bar on Phuc Quoc Island, off the southern province of Kien Giang. Ngoan was stuck in a fight between two gangs before he was accidentally attacked by the thugs.

— Police in District 5, Ho Chi Minh City, have inaugurated a new center for monitoring public security cameras, which is designed to help officers promptly deal with any social disorder in the area.

— A female patient, hailing from the northern province of Lao Cai, has accused a Chinese-owned clinic in Hanoi of wrongly diagnosing her gynaecological conditions and charging her an exorbitant price of VND16 million (US$709) for the treatment.

— The Embassy of Vietnam in Angola confirmed on Sunday that a Vietnamese woman living in Angola had been burnt alive by local robbers on Wednesday last week.

Business

— Many businesses in the Mekong Delta province of Tien Giang have signed deals with local farmers for the production of clean rice, which will benefit both parties as well as consumers.

Lifestyle

— A food festival was organized by the Ministry of Foreign Affairs in Hanoi on Sunday with the participation of 39 representatives from foreign embassies in Vietnam.



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Global companies fight climate change

(VOVworld) – Leaders of many companies in the world have repeated their consistent opinion on the need to reduce green house gas emission involving their factories. This positive move will add to the governments’ efforts to realize the Paris Agreement on Climate Change adopted last December.

A worker stands on palm oil seeds in Riau province, Indonesia. An Indonesian palm-oil company, Astra Agro Lestari, committed itself to policies to reduce deforestation. Credit Adek Berry/Agence France-Presse — Getty Images
A worker stands on palm oil seeds in Riau province, Indonesia. An Indonesian palm-oil company, Astra Agro Lestari, committed itself to policies to reduce deforestation. Credit Adek Berry/Agence France-Presse — Getty Images

An increasing number of companies have begun to realize that environmental protection is a core part of their business strategies. In Asia, palm oil companies, whose products directly involve logging and burning trees, have joined emission reduction efforts. In Japan, hospitals, big companies, and schools restrict the use of lifts and encourage people to walk. Producers give priority to developing products with longer life expectancy.

In the US, many companies pledged to reduce carbon emission by 50% and use only renewable energy. Johnson&Johnson declared to cut 80% of carbon emission by 2050. Dell pledged to reduce greenhouse gas emission by 50% in 2020 compared with 2012 and convert half of its used energy to renewable energy by 2020. Nike plans to use 100% of renewable energy by 2025.

The International Maritime Organization (IMO) has approved a mandatory system for collecting data on ships’ fuel consumption. Ships of 5,000 gross tonnage or more will have to record and report their consumption for every type of fuel. IMO Secretary General Kitack Lim said the move will contribute remarkably to the fight against climate change.

Independent airlines and the aviation transport sector in general have become more responsible for their environmental impacts. Jetstar Group has implemented a program on minimizing greenhouse gas emission, calling on passengers to contribute a donation per flight and committing to support environmental sustainability.

Hong Van



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