Coastal Quang Ninh-Chinese Fujian sea cruise route launchedThe five-star Costa Fortuna cruise ship arrived in the northern coastal province of Quang Ninh on December 9, marking the opening of a marine tourism route linking the locality to Fujian province, China. The five-star Costa Fortuna cruise shipThe 12-storey vessel, with 3,000 tourists on board, was en route from Fujian’s Xiamen port city to Quang Ninh to sail around Ha Long Bay, before leaving for the central city of Da Nang. The trip was organised by Chinese tour operator Orangeways, which has strength in hosting Meeting, Incentive, Convention and Exhibition (MICE) tours in Europe and Asia. This is the first time the company has run a tour in Vietnam, supported by its local partners – Inter Cruises Vietnam and Ha Long Cruises. In May 2017, Quang Ninh and Fujian signed a cooperation pact, which stressed potential for engagements in sea and air tourism.-VNA
December 10, 2017 05:48 UTC
Vietnam advised to import electricity from LaosVietNamNet Bridge - The Mekong Connection Initiative, including the Stimson Center, the International Union for Conservation of Nature (IUCN), the Nature Conservancy and the University of California Berkeley (UCB), believes that Vietnam should become the major importer of electricity from Laos. Vietnam has high demand for electricityIf Vietnam doesn’t import electricity from Laos, it will have to build more coal-fired thermal power plants and depend on coal imports. Power purchase agreements will determine which hydropower projects will be developed, and the voice of Vietnam in international energy negotiations will be more weighty,” he said.If Vietnam doesn’t import electricity from Laos, it will have to build more coal-fired thermal power plants and depend on coal imports.Many experts have also advised Vietnam to import electricity from Laos. “We should not think of buying electricity from Laos. If we do, we will encourage them to build more power plants”.
December 10, 2017 01:07 UTC
China police seize ivory smuggled via Vietnam borderCustoms officers in the Chinese Guangxi Zhuang Autonomous Region have confiscated 368.5 kg of ivory, which were trafficked from Africa into the country via its border with Vietnam. The 165 elephant tusks, worth over 29 million CNY (4.4 million USD), were illegally transported to Pingxiang city on the night of November 13 and were captured by customs officers the next day, a Nanning official said on December 8. According to China’s State Forestry Administration, in 2016, the amount of smuggled ivory seized in China dropped by 80 percent from previous peak years. The local law stipulates that the smuggling of precious animal products worth more than 1 million CNY can be punished with over 10 years in prison or a life sentence. China will stop commercial processing and sales of ivory by the end of this year.-VNA
December 09, 2017 10:41 UTC
Six Tibetan bears in Binh Duong rescuedSix Tibetan bears were successfully rescued from a farm in Thuan An township of the southern province of Binh Duong by the Animals Asia on December 8. This year, the Animals Asia has rescued and sent a total of 17 Tibetan bears to the sanctuary, with 15 bears from Binh Duong province. Statistics of the Ministry of Agriculture and Rural Development showed that there were 317 bears in Binh Duong in 2005, but the figure strongly reduced to 155 in 2014. To date, the Animals Asia has rescued 192 Tibetan and Malayan bears. The organisation has worked together with authorised agencies and forest protection sector to save bears and disseminate bear protection laws.
December 09, 2017 10:18 UTC
Nearly $1.5 million to protect garden houses in HueThe central province of Thua Thien - Hue has decided to allocate 32.6 billion VND (1.44 million USD) to preserve and develop garden houses in 2017-2020, heard a conference to review two years of the province’s resolution on garden houses protection. The An Hien garden house at No 58 Nguyen Phuc Nguyen in Thua Thien - HueOver the last two years, the province poured nearly 7.3 billion VND (321,460 USD) to maintain and develop garden houses in Hue and Phong Dien district. About 5.3 billion VND (233,380 USD) was earmarked to restore five out of 14 houses, with a financial aid of from 600-750 million VND for each house. To be a Hue-style garden house, a home must have two distinct elements: a nha ruong (Hue-style wooden house with beams and pillars), and surrounding gardens. At the end of the feudal era in 1945, Hue had 7,178 garden houses.
SCIC sells 5.6 percent stake at VinaconexThe State Capital Investment Corporation (SCIC) collected 137 billion VND (6 million USD) after auctioning 5.35 million shares of the Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on the Hanoi Stock Exchange on December 8. The amount of shares was equal to 5.6 percent stake of SCIC at Vinaconex. After the sale, the SCIC reduced its ownership in Vinaconex from 57.79 percent to 52.2 percent, nearly 250 million shares. Vinaconex has also formally established two fully Vinaconex-invested firms, Vinaconex CM and Vinaconex INVEST, under its restructuring plan. Vinaconex CM has chartered capital of 300 billion VND and plans to gradually increase it to 1 trillion VND.
Vietnam, Taiwan work to search for missing Vietnamese workerVietnam has promptly worked with relevant Taiwanese agencies to handle a fishing vessel accident with some Vietnamese on board, of whom one remains unaccounted for. The information was released by the Vietnam Foreign Ministry’s Consular Department concerning the Taiwanese-flag No 6 Sheng Fu fishing vessel. The department said at the time of the accident, ten people were on board the vessel, including five Vietnamese nationals. Of the four rescued Vietnamese workers, one was severely injured and is hospitalised. Taiwanese search and rescue units are working to find the missing person but facing difficulties due to dreadful weather.
Vietnam, Laos seek to enhance border cooperation in 2018The 27th annual Vietnam-Laos border meeting was held on December 9 in Hanoi, aiming to seek orientations for border cooperation in 2018. Both sides reviewed their coordination in border issues as well as their affiliation in implementing bilateral border and territory agreement in 2017. They also showed their delight at the signing of two legal documents on border cooperation – a protocol on borderline and national border markers, and an agreement on land border and border gate management regulations, which became effective since September 5, 2017. Vietnam and Laos agreed that in 2018, they will focus on cooperation in border management in line with the two newly signed border agreements and other joint projects relating to border affairs, while completing the designing of a master plan on developing Vietnam-Laos border gates system by 2025 with a vision towards 2035. Both sides agreed to organise the 28th meeting in Laos in the fourth quarter of 2018.-VNA
December 09, 2017 08:37 UTC
The market recently received a ‘breath of fresh air’ when Toromart, the first unmanned convenience store, was opened in downtown HCMC. While retailers say convenience stores are less competitive than traditional markets and supermarkets because there are fewer goods and the selling prices are higher, they are still opening more stores. A senior executive of FamilyMart said it requires long term capital to develop convenience stores. The report also showed that convenience stores and mini supermarkets are in ‘hot development’. RELATED NEWSVietnam’s retail market: convenience stores mushroomConvenience stores aid growth of Vietnam’s retail industryChi Mai
December 09, 2017 07:07 UTC
Ministry rejects Uber’s complaints about tax arrearsThe Ministry of Finance rejected the Netherlands-based Uber International Holding BV’s complaints about the decision to collect 67 billion VND, or nearly 3 million USD, in tax arrears in a statement sent to the US-ASEAN Business Council. After inspecting the tax payments of Uber Vietnam, the HCM City Department of Taxation verified that the taxi firm has generated income in Vietnam from its ride-hailing services on a network of local partner drivers. Therefore, it is subject to the foreign contractor taxes in compliance with the current regulations and the Vietnam-Netherlands Double Taxation Avoidance Agreement, the ministry said in the statement. Uber entered Vietnam in June 2014. According to Dang Duy Khanh from the General Department of Taxation, Uber’s total revenue from 2014 to June 30 this year was estimated at more than 2.77 trillion VND (122.1 billion USD) and the firm has paid approximately 76.9 billion VND (3.38 million USD) in taxes.-VNA
December 08, 2017 09:56 UTC
Da Nang airport declared best in Vietnam for service qualityThe Da Nang international airport has secured first position in Vietnam in terms of providing the best service quality, according to a survey of 6,000 passengers in the April – September period, conducted by the Civil Aviation Authority of Vietnam (CAAV). Passengers at Da Nang international airportThe survey was conducted at Vietnam’s three largest international airports of Noi Bai (Hanoi), Tan Son Nhat (Ho Chi Minh City) and Da Nang, which were measured on a scale of 1 to 5. Da Nang international airport finished with a total score of 4.24, followed by Noi Bai airport with 4.11 points and Tan Son Nhat airport with 4.01 points. The 25 criteria for evaluation included the attitude and service quality of passenger check-in officers, wifi quality, way-finding and signing guidelines, departure lounge spaces, and taxi availability and prices, among others. The survey showed that the attitude of passenger check-in officers at the three airports was ranked first with 4.34 points, but the wifi quality ranked bottom with 3.75 points.
December 08, 2017 09:45 UTC
Vincom Retail shares (VRE) have seen prices increase by two times thanks to news about a series of projects by Vingroup (VIC), its holding company. The continued increase of stock prices which have exceeded resistance thresholds has worried investors. Analysts say there are three scenarios for the stock market in the last months of the year. Meanwhile, real estate shares are supported by the expected high profit of property firms thanks to the warming up of the real estate market. RELATED NEWSVietnam fastest growing stock market in regionStock market capitalisation equals 61% of VN’s GDPMai Chi
December 08, 2017 09:22 UTC
Vietnam treasures comprehensive strategic partnership with RussiaVietnam attaches importance to the comprehensive strategic partnership with Russia and the relations with the Communist Party of the Russian Federation (CPRF), said Politburo member and head of the Communist Party of Vietnam (CPV) Central Committee’s Inspection Commission Tran Quoc Vuong. The hosts praised Vietnam’s recent achievements and congratulated the country on the successful hosting of the 25th APEC Summit 2017, saying that this contributed to promoting regional and global peace and cooperation, and the ties between Vietnam and Russia in particular. Many cooperative agreements have been signed between the Vietnamese National Assembly and the Russian Federation Council, contributing to deepening the traditional friendship and multi-faceted cooperation between the two people, they said. Meanwhile at meeting with CPRF President Gennady Zyuganov, the two sides talked the relations of the two parties and countries as well as party-building work. Vietnam was an active and prestigious member in the international communist and worker movement, he said, adding that the CPRF always supports the Russian administration’s policies in strengthening relations with Vietnam.
Untreated waste pollutes Vinh Phuc environmentVietNamNet Bridge – With tonnes of waste discarded directly into fields, lakes and ponds or dumped on roadsides for years, the northern province of Vinh Phuc has a serious pollution problem. Provincial reports say that Vinh Yen City and Phuc Yen Town alone generate 180 tonnes of domestic waste a day, and 90 per cent of it is buried at temporary dumping sites. Adding to the domestic waste is industrial waste, waste from animal husbandry and waste generated by handicraft villages, which means pollution has become a problem in rural areas, too. Without local landfills, residents have to collect and gather waste before transporting it to landfills in Vinh Yen City and Phuc Yen Town for treatment. A corner of a road in Vinh Phuc Province becomes a dumping site.
Vietnam’s protected forest dwindlingVietNamNet Bridge – Despite positive reports from authorities on the steady increase of the national forest cover, the size of the country’s protected forest is in fact decreasing at an alarming rate, experts said. Pine trees in the protected forest in Ho Chi Minh Highway in Dak Song District, in the Central Highlands province of Dak Nong, are illegally chopped down. The deforestation has left the country with only about 4.5 million ha of protected forest. Nguyen Tuan Hung from the AoF’s Department of Special Use Forest and Protected Forest Management said that Vietnam planned to raise the amount of protected forest to 5.68 million ha by 2020, citing the country’s forestry development strategy. Vietnam must find a way to plant more than one million ha of protected forest in about two years to reach the set target, assuming no additional protected forest is lost.