Nearly 50,000 books at upcoming fairVietNamNet Bridge – The sixth Viet Nam International Book Fair will take place at Ha Noi’s Thong Nhat Park from August 23 to 27 with the participation of nearly 100 domestic and foreign book companies and publishing houses. Book lovers: Readers gather at the previous International Book Fair. “The international book fair has gained prestige and fame so that this year, we will have the participation of more foreign agencies than the previous event,” he added. The book fair will expose readers to 40,000 titles in Vietnamese and 7,500 titles in foreign languages. The books on display including awarded books, e-books, books on sea and islands and national sovereignty, books on ASEAN community and books printed with new materials and technology.
August 18, 2017 23:15 UTC
ĐÀ NẴNG — The property developer VinaCapital Group has introduced its Ocean Estates show village, the last remaining residential beachfront project of the Ocean Resort on the central city’s pristine beach. Construction on the Ocean Estates commenced in 2016 on an area of 7.5ha with total investment capital of VNĐ650 billion (nearly US$30 million). According to Vinacapital, the Ocean Estates is the last residential project that will be developed within the beachfront parcel of the Ocean Resort, the largest resort complex in the central region which was named ‘Best Golf Development’ on numerous occasions at the Asia Pacific Property Awards 2011-16. Matthew Koziora, Director of Transactions at VinaCapital said: “The Ocean Estates and the Ocean Resort are further supported by Đà Nẵng’s emergence as one of the hottest new destinations on the Asian golf and tourism trail. The site is surrounded by a series of golf courses including a Greg Norman-designed golf course, separate beach club and is a short distance from the Sheraton Hotel – a selected accommodation site for the Asian Pacific Economic Co-operation (APEC) Summit in Đà Nẵng on November 5-11.
August 18, 2017 19:18 UTC
James Nachipo of the international security division, Australian Department of Foreign Affairs and Trade, who chaired the Counter Terrorism Working Group (CTWG) Meeting, said: “The meeting this morning was discussing and developing a new plan which will commence in 2018 and go up to 2022. Now the importance and significance of the plan itself is that it will map out and identify paradigms for APEC, for our working group to focus on an area of terrorism. “No country is immune from terrorism, and we welcome Việt Nam’s participation in the working group. “We are committed to counter the spread of radicalisation conducive to terrorism, terrorist propaganda, including the use of the internet and social media for terrorism-related purposes, as well as acts of public justification of terrorism intended to incite terrorist acts. “APEC economies will continue to take co-ordinated actions, exchange information and share best practices to effectively respond to the terrorist challenges in the region.” – VNS
August 18, 2017 15:00 UTC
HCM CITY – Greater convergence among APEC members’regulatory systems for medical products is expected to improve public safety and patient access to life-enhancing medical products, experts said at a forum at the APEC Senior Officials Meeting (SOM-3) held in HCM City on Friday. A strategic framework for regulatory convergence for medical products by 2020 is expected to achieve greater uniformity within APEC. It would facilitate exchange of information among regulators to improve safety and efficacy of medical products, create more efficient regulatory processes, and align regulatory requirements to promote public health and innovation. Each economy will determine the level of convergence it desires, develop specific strategies to promote regulatory convergence, and set a timetable in the context of its own regulatory system and socio-cultural objectives. While each economy may adopt each phase in its own timeframe, the ultimate aim is for APEC economies to achieve maximum regulatory convergence by 2020.
August 18, 2017 14:03 UTC
Liem beats Garry Kasparov in US chess tourneyVietNamNet Bridge – Vietnamese grandmaster Le Quang Liem beat legendary chess player Garry Kasparov in the blitz category in the ongoing St Louis Rapid & Blitz tournament in the US on Thursday. — Photo tinmoi.vnLiem, who has an Elo rating of 2739, beat the Russian-Croatian former world chess champion (Elo 2812) after 31 moves in the fifth round. On August 16, he had lost to 54-year-old Kasparov in the rapid category. “I am very happy as I beat Kasparov although I held the black pawns,” Liem said after the match. Liem also defeated Fabiano Caruano of the US (Elo rating 2807) in the first round of the blitz category.
August 18, 2017 11:15 UTC
APEC meetings begin in HCM CityVietNamNet Bridge – The first of the third APEC Senior Officials Meeting (SOM 3) and related meetings began in HCM City today. The meeting also reviewed outcomes of the previous workshop on restructuring of shipping and port industry that took place in HCM City on August 15-16. Medical productsThe Regulatory Harmonisation Steering Committee (RHSC) today unveils the Strategic Framework Regulatory Convergence for Medical Products by 2020. Each economy will determine the level of convergence it desires, develop specific strategies to promote regulatory convergence and set its timetable in the context of its own regulatory system and socio-cultural objectives. While each economy may adopt each phase in its own timeframe, the ultimate aim is for APEC economies to achieve the maximum regulatory convergence possible by 2020.
August 18, 2017 11:15 UTC
Former Ocean Bank executives to be tried again on August 28VietNamNet Bridge – The first-instance hearing for Ha Van Tham, former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (Ocean Bank), and his accomplices will be reopened on August 28, according to the Hanoi People’s Court. Ha Van Tham, former Chairman of the Board of Directors of Ocean Bank (Source: laodong.com.vn)The trial for the case was first held on February 27. According to the court’s verdict, when working as Ocean Bank’s Chairman of the Board of Directors, Tham and his accomplices, who are other former leaders and employees of the bank, made a lot of credit-related violations causing losses for the bank and seriously affecting the State’s monetary policies. Their violations resulted in losses of nearly 2 trillion VND (88 million USD) for Ocean Bank. He had directed the bank’s staff to pay interest rates outside of the mobilising deposit contracts for customers.
August 18, 2017 09:56 UTC
HÀ NỘI — Nam Kim Steel Joint Stock Company has approved a report on the pre-feasibility study, conducted for setting up a steel sheet factory in the southern province of Bà Rịa-Vũng Tàu. As per the plan, the plant will require an investment capital of VNĐ2.2 trillion (US$97 million) and have the capacity to produce 800,000 tonnes per year. The factory will produce galvanised steel sheets, galvanised aluminium sheets, zinc-coated aluminium-coated sheets, zinc-coated sheets, steel pipes, steel boxes, sections and products from steel coil, cold-rolled steel, galvanised steel, black steel tape and galvanised steel tape. In the first six months of 2017, Nam Kim Steel posted an output of 380,000 tonnes, a year-on-year increase of 7 per cent. Specifically, its output of iron and steel products went up by 21 per cent compared to the same period last year.
August 18, 2017 09:55 UTC
HÀ NỘI – Vietnamese grandmaster Lê Quang Liêm beat legendary chess player Garry Kasparov in the blitz category in the ongoing St Louis Rapid & Blitz tournament in the US on Thursday. Liêm, who has an Elo rating of 2739, beat the Russian-Croatian former world chess champion (Elo 2812) after 31 moves in the fifth round. “I am very happy as I beat Kasparov although I held the black pawns,” Liêm said after the match. Liêm also defeated Fabiano Caruano of the US (Elo rating 2807) in the first round of the blitz category. The Vietnamese player concluded nine blitz games with two wins and four draws, ranking the sixth place in the tournament.
August 18, 2017 09:53 UTC
BANKOK — The Thai Retailers Association will organise the RetailEx ASEAN 2017 - ASEAN’s fastest growing retail trends and solutions trade exhibition in Bangkok from September 14-16. The RetailEx ASEAN 2017, which enters its third consecutive year, is a collaboration between the Thai Retailers Association and Impact Exhibition Management Co., Ltd. It will showcase outstanding designs of retail stores, technology for the retail business and e-commerce. There will also be free training on e-commerce from digital experts at the ASEAN level, business management and growth of organisations. According to the association, Thailand’s retail business grew by an approximate 3 per cent a year over the last three years.
August 18, 2017 09:45 UTC
HÀ NỘI — Gemadept Corporation (Gemadept) announced on Wednesday its complete divestment from the Hoa Sen - Gemadept Logistics and International Port Corporation. In 2008, Gemadapt and the Hoa Sen Group signed a deal to establish the company, aimed to develop a logistics and port project in Bà Rịa - Vũng Tàu Province. Gemadept held 51 per cent of shares while the Hoa Sen Group held 45 per cent. The 55ha Hoa Sen - Gemadept International Port is located on a 300m long coast line, and has neither high productivity nor high revenues. The Hoa Sen Group’s port project was set up in 2006 with an initial charter capital of VNĐ39 billion ($1.7 million).
August 18, 2017 09:41 UTC
Khanh Hoa: Explosion kills six, injures several othersVietNamNet Bridge – At least six people were killed and several others injured on Friday morning in an explosion in Khanh Son District, central coastal Khanh Hoa Province, authority officials said. An explosion occurs on Friday in To Hap Township, central coastal Khanh Hoa Province, killing six and injuring several others. Soon after receiving news about the explosion, district authority representatives together with emergency rescue forces and investigators arrived at the accident site in an attempt to deal with its aftermath. The district authorities said the police were collecting information about the explosion and would report to the provincial authority at the earliest time. A group of provincial authority officials also arrived and sent condolences to the victims’ families, promising to support them.
August 18, 2017 09:22 UTC
Amid an average 14.4 percent growth rate of listed companies, many enterprises have reported unsatisfactory business results, including strong brands with a long business history. The profits mostly came from the sale of old cars.Caosumina (CSM), considered Number 1 in the tyre industry, has also shown signs of a slowdown. Though it had to spend more on sales activities, the results remain unsatisfactory.Lix the detergent brand has reported a 18.5 percent profit drop, though revenue rose by 8 percent. The gross margin decrease was blamed on competition from Unilever and P&G.Habeco, in the southern beer market, still gained a 4.6 percent growth rate thanks to higher demand. The higher input material price has caused the cost price to increase by 17 percent.
August 18, 2017 09:11 UTC
HÀ NỘI — Viettel, the military-run network operator, is offering up to 99 per cent discounts on international roaming services for subscribers to celebrate the ongoing Southeast Asian Games (SEA Games) 29 in Malaysia. In addition, they will get 80 per cent off for calling or receiving calls in Malaysia and 65 per cent off international messaging rates. Viettel is currently the largest roaming provider in Việt Nam, connected with more than 500 networks from about 200 countries and territories worldwide. The firm previously announced that it would offer subscribers preferential international data roaming rates when they travel to Japan, the Republic of Korea and Australia up to September 15. When using the data roaming services of the RoK’s SKT and KTF, Japanese Softbank and NTT Domoco and Australian Telstra, Viettel customers will only have to pay VNĐ22/10 KB.
August 18, 2017 09:08 UTC
HCM CITY – The first of the third APEC Senior Officials Meeting (SOM 3) and related meetings began in HCM City today. The meeting also reviewed outcomes of the previous workshop on restructuring of shipping and port industry that took place in HCM City on August 15-16. Medical productsThe Regulatory Harmonisation Steering Committee (RHSC) today unveils the Strategic Framework Regulatory Convergence for Medical Products by 2020. Each economy will determine the level of convergence it desires, develop specific strategies to promote regulatory convergence and set its timetable in the context of its own regulatory system and socio-cultural objectives. While each economy may adopt each phase in its own timeframe, the ultimate aim is for APEC economies to achieve the maximum regulatory convergence possible by 2020.
August 18, 2017 08:57 UTC