Military Insurance Corporation to trade on UPCoM in May

Eighty million shares of the Military Insurance Corporation will debut on the Unlisted Public Company Market (UPCoM) on May 5. — Photo dautuchungkhoan.vnHÀ NỘI – Eighty million shares of the Military Insurance Corporation will debut on the Unlisted Public Company Market (UPCoM) on May 5. Military Insurance Corp (MIC) will trade its shares under code MIG at an opening price of VNĐ10,000 per share. The largest shareholder of MIC is the Military Commercial Joint Stock Bank (MBBank), which holds 69.58 per cent of the chartered capital in the insurance firm. MIC sells insurance products such as health insurance, accident insurance, asset insurance, and other financial business activities.

April 26, 2017 04:41 UTC

Petrolimex aims to boost efficiency, profit in 2017

The Việt Nam National Petroleum Group (Petrolimex) will continue improving the quality of corporate management and enhancing international integration to increase efficiency. — Photo nguoiduatin.vnHÀ NỘI – The Việt Nam National Petroleum Group (Petrolimex) will continue improving the quality of corporate management and enhancing international integration to increase efficiency. Petrolimex announced these development plans until the end of this year at its annual shareholder meeting in Hà Nội yesterday. Petrolimex also plans to increase efficiency in capital use and promote international integration by investing abroad and working with ministries and agencies in completing legal policies for investment and business. Also at the shareholder meeting, Petrolimex released the results of its production and business last year.

April 26, 2017 02:48 UTC

Việt Nam, Angola seek to boost ties

Foreign Minister Phạm Bình Minh (R) reveices Angolan Minister of External Relations Georges Rebelo Pinto Chikoti in Hà Nội yesterday. He expressed hope that Angola and Việt Nam would continue to beef up ties in areas such as agriculture, education, health care, telecommunication and oil and gas. Meanwhile, Minh affirmed that Việt Nam attached importance to fostering ties with friends in Africa, while considering Angola a major partner in the region. "Việt Nam is willing to share its experience with Angola in national construction and development," he stated. There is plenty of room for Việt Nam and Angola to expand co-operation, especially in agriculture, education, healthcare, and telecommunications, according to President Trần Đại Quang.

April 26, 2017 02:48 UTC

Gov’t aims for public debt below 65% of GDP

HÀ NỘI – The Government of Việt Nam has targeted keeping the public debt ratio below 65 per cent of gross domestic product (GDP) during 2016-18. Public debt includes central government debt, Government-backed loans and local government debt. The National Assembly’s Resolution on a national five-year financial plan in 2016-20 issued in November 2016 also set the ceiling for public debt ratio at 65 per cent of GDP, central government debt at 54 per cent of GDP and foreign debt at 50 per cent of GDP. Việt Nam is amending the 2009 Law on Public Debt Management aiming to control public debt and balance the State budget and socio-economic development. Việt Nam aims to improve the efficiency of public investments and hasten public debt restructuring.

April 26, 2017 01:52 UTC

Garment exports grow despite hurdles

Currently, Vietnamese garment and textile products are available in 40 countries and territories, with major markets including the United States, Japan, the Republic of Korea, China and the EU. Việt Nam’s garment industry has also not developed in terms of design, so most textile and garment enterprises have found it difficult to compete for export orders from this market. However, Dung said, meeting the rules of origin under the Việt Nam-EU Free Trade Agreement in terms of preferential tax rate would be the biggest challenge for Vietnamese garment exports. In particular, the United States continued to be the largest export market of Vietnamese garment products, accounting for 48 per cent of the total garment export value. Export value of textiles and garments into the United States has increased by 12-13 per cent each year in recent years.

April 26, 2017 01:52 UTC

Students choose highschool exams for college admissions

Social science examsMore than 417,330 candidates applied for social science exams, accounting for nearly 50 per cent of total registered candidates. Meanwhile, more than 321,450 candidates will sit for natural science exams, accounting for more than 37 per cent, MoET said, adding that remaining candidates had signed up for both exams. Đà Nẵng City’s Department of Education and Training reported that of 11,000 candidates registered for national high school exams, 6,000 will take natural science exams, 5,000 will take social science exams, and 1,000 will sit for both of them. Students who signed up for social science exams would have to take history exams this year, Nguyễn Minh Hùng, deputy chairman of provincial department, said. This has encouraged more students to choose what is more suitable for them, and in this case, it has been social science, according to Ga.Also, a recent change from essay to multiple-choice exams, which require more understanding than memorisation, has also explained why more candidates have chosen to take social science exams.

April 26, 2017 01:52 UTC

Gov’t looks to control public debt

HÀ NỘI -- Controlling public debt and ensuring stable Budget revenues will be priority tasks for the Government this year, the Prime Minister has directed. Collection targetsThe PM asks all organisations to strictly pursue budget collection targets set for 2017. These are the pre-requisites for developing sustainable and stable revenues for the State budget, the directive says. It also says the taxation and customs offices have to be focal points in increasing State Budget collection by 14-16 percent over 2016. Belt tighteningThe Instruction asks all Government offices nation-wide to strictly abide by the Budget Law, the Public Investment Law, the National Assembly Resolution, and all relevant Party and Government resolutions.

April 26, 2017 01:52 UTC

Lessons for sex education to be included in new textbooks

Lessons for sex education to be included in new textbooksVietNamNet Bridge - The news that a seventh grader and her parents only knew about her pregnancy on the day she gave birth has rung the alarm bell over Vietnamese students’ lack of sex education. General school students approach sex education for the first time when they have science in the fifth grade. The news that a seventh grader and her parents only knew about her pregnancy on the day she gave birth has rung the alarm bell over Vietnamese students’ lack of sex education. “We only have some periods to give important lessons,” Linh said, emphasizing that the lessons must be considered as important as math or literature lessons. RELATED NEWSLocal youth need sex educationTeachers still shy of sex educationChi Mai

April 26, 2017 00:53 UTC

Saudi wins top Arab fiction award

ABU DHABI — A Saudi novelist has won the International Prize for Arabic Fiction, becoming the third author in 10 years from the kingdom to grab the Arab world’s most prestigious literary award. Though "90 per cent of the novel is fiction", Alwan said after receiving the award "I felt the pain while writing it". Its French edition went on to win the best Arabic novel translated into French for that year. Alwan was chosen in 2010 as one of the 39 best Arab authors under the age of 40 by the Beirut39 project. When such questions are posed, novelists find their chance to repose them in a literary form," he added.

April 26, 2017 00:00 UTC

Vietnam must rein in antibiotic use

The first reason I should mention is the general public’s poor awareness of the use of antibiotic drugs and limited knowledge about antibiotic drugs and their usage. Worse still, people can often buy antibiotic drugs without doctors’ prescriptions. At present, many countries are still using antibiotic drugs of the first generation. But in our country, we have already used antibiotic drugs of the 3rd and 4th generations. This is an indication that the discovery of a new antibiotic drug cannot meet the rapid development of drug-resistant bacteria.

April 25, 2017 23:37 UTC

Contech Việt Nam 2017 opens in Hà Nội

HÀ NỘI – The International Trade Fair for Construction, Mining and Transport, Machinery, Equipment, Technology, Vehicles and Materials (Contech Việt Nam 2017) opened its doors yesterday at the National Exhibition Construction Centre in Hà Nội. The three-day fair witnesses the participation of more than 100 exhibitors including those from Germany, Spain, Japan, South Korea, Singapore, Thailand and China. It is described as a good opportunity for participating enterprises to advertise their machines and technology, seek new partners while fostering technical transfers. In his speech at the fair’s opening ceremony, chairman of the Việt Nam Building Material Association Tống Văn Nga said he hoped that the event would open up new business opportunities for both local and foreign enterprises. Three conferences covering technology in construction, building material, and the mining industry will be organised on the sidelines of the event.

April 25, 2017 21:56 UTC

Young Vietnamese innovators compete in Manila

MANILA – The three-member Vietnamese team, EDMTDevDTU, from Duy Tân University in Đà Nẵng City competed in the Southeast Asia regional finals of Microsoft Imagine Cup 2017 in Manila, the Philippines. The first runner-up and second runner-up places were awarded to Team HeartSound from Singapore and Team Opticode from the Philippines, respectively. The Vietnamese team’s project is an app called Smart Chick, which uses applied machine learning technology to help farmers determine suitable breeding methods. The data-driven approach will help farmers maintain the quality of poultry products being sold to customers. “Radio-Frequency Identification (RFID) technology will help farmers manage their individual livestock, and help consumers track information on the products they have purchased,” the team said.

April 25, 2017 11:03 UTC

Vietnam records over 860 work-related accidents in 2016

Vietnam records over 860 work-related accidents in 2016More than 860 people were killed in work-related accidents last year in Viet Nam, according to a report from the Ministry of Labour, Invalids and Social Affairs (MoLISA)’s Labour Safety Department. More than 860 people were killed in work-related accidents last year. According to the report, there were close to 8,000 occupational accidents, resulting in over 860 deaths. The localities with the highest number of workplace accidents are HCM City, Hanoi, Binh Duong and Thanh Hoa. Many fatal accidents have also not been reported, Ha Tat Thang, head of the Labour Safety Department, said.

April 25, 2017 10:52 UTC

Dong Nai loses $61.8m worth of crops to untimely rain

Dong Nai loses $61.8m worth of crops to untimely rainUnseasonable rain earlier this year has damaged 40,300ha of crops in the southern province of Dong Nai, according to its Department of Agriculture and Development. Vu Minh Duc, a Dong Nai Province farmer, has lost 60-70 per cent of the cashew he had grown on his one hectare of land due to unseasonable rains earlier this year. Flowers and immature fruits were destroyed in 4,610-6,910ha of mango trees, or 40-60 per cent of the province’s total. The rains have cost the province around VNĐ1.4 trillion (US$61.8 million) worth of losses. If accepted by the provincial government, farmers who have lost 30-70 per cent of their crops could get VNĐ2 million per hectare.

April 25, 2017 10:41 UTC

“Cinderella” ballet performance in HCM City this weekend

“Cinderella” ballet performance in HCM City this weekendVietNamNet Bridge - After the first performance in August 2013 at the Saigon Opera House, the ballet “Cinderella” became an annual awaited performance for HCMC audiences, especially young people. The work will be on stage again at the HCM City Opera House, No. The Grimm Brothers’ fairy tale “Cinderella” has inspired thousands of theatrical and staging artworks around the world. The ballet “Cinderella” was composed by Sergei Prokofiev from 1940 to 1944. Many particular stamps were created in HBSO’s “Cinderella” version by the famous Norwegian choreographer Johanne Jakhelln Constant.

April 25, 2017 10:25 UTC

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