Ginger Jam village busily preparing for Tet

Every year at the beginning of the 12th lunar month, the ginger jam village in Kim Long begins making jams to prepare for the upcoming Lunar New Year festival. This is the most important step in making ginger jam. The ginger jam is cooled down in five minutes. Ginger jam is kept in a cool dry place before packaging. Ginger jam in Kim Long has a special flavor as it is produced in traditional method.

January 17, 2017 08:43 UTC

Central Bank of Vietnam aims to hold inflation under 4% in 2017

The central bank has pledged to control inflation at under 4 per cent. “For a long time, we have been able to control inflation lower than the National Assembly’s target. “To stabilize foreign currency exchange rates, the SBV kept a strong policy to have high interest for Vietnamese dong and low interest for foreign currency. This has mostly eliminated speculation in foreign currency,” she added. Last year, the SBV bought a reserve of foreign currency but still controlled inflation.

January 17, 2017 08:04 UTC

Vietnam's firms hopeful for strong 2017

Vietnam's firms hopeful for strong 2017Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled with Government efforts to improve the business climate and remove obstacles. Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled with Government efforts to improve the business climate and remove obstacles. A survey by the General Statistics Office amongmanufacturing and processing firms found that 81 per cent of respondents expected stable or better business results this year. A previous survey by Vietnam Report among the 500 largest enterprises in Viet Nam found they were all optimistic about revenue, profit and overall business results for 2017. “This is driven by the improved business climate and the Government’s dynamics in removing difficulties for businesses.

January 17, 2017 07:58 UTC

Vietnam's young workforce underutilised

Vietnam's young workforce underutilisedForty-three per cent of the country’s young labour workforce is still underutilised, while low quality employment remains a strong hindrance to the country’s productive transformation. The survey finds that although 58.6 per cent of young workers were in paid employment, nearly half did not have a written contract. Skills mismatch remains a problem, with 26 per cent of young working people overeducated for their jobs and 23.5 per cent undereducated. “This means that businesses are neither fully utilising the productive capacity of many young workers nor operating at their full productivity level by employing less productive workers,” Chang-Hee Lee said. At the same time, we need to better connect between jobs and workers through employment agencies,” he said.

January 17, 2017 04:41 UTC

VN taekwondo athletes win gold in France

VN taekwondo athletes win gold in FranceVietnam won four gold medals at the International Taekwondo Technique Open which closed in Lille, France on January 16. Vietnamese athletes pose with their medals at the International Taekwondo Technique Open in Lille, France. Phung earlier bagged his own gold in the men’s freestyle individual for over-18 class and a silver in the individual of 18-30 years old. She also came third in the women’s freestyle individual for over-18. “The Lille Open is a prestigious competition which attracts a number of high quality athletes in Europe.

January 17, 2017 03:54 UTC

Vietnamese, Japanese PMs agree to elevate ties during talks

Vietnamese, Japanese PMs agree to elevate ties during talksPrime Minister Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe have reached high consensus on major orientations and specific measures to push forward the comprehensive, practical and effective development of the bilateral extensive strategic partnership. The two PMs agreed to continue strengthening political trust via maintaining high-level visits and meetings, and increasing the efficiency of dialogue mechanisms. They committed to closely working together for the upcoming Vietnam visit by the Japanese Emperor and Empress. They lauded the talks between Vietnamese local authorities and Japanese corporate executives during the visit, believing that it affords a chance for them to further intensify investment ties in the future. Following the talks, the two PMs witnessed the signing of agreements between ministries, agencies and businesses./.

January 17, 2017 02:43 UTC

Vietnamese scientists perform well in 2016

The role of Vietnamese scientists in the country’s development and people’s livelihoods was especially apparent in 2016. They found the reason and the culprit who caused the accident – Formosa Ha Tinh.“If scientists had not made such a conclusion based on convincing evidence, this would have fallen into a deadlock,” Nhuan said.The analysis of satellite images showed that oil spills must not be the reason. The analysis of figures about earthquakes in Vietnam and the region also proved that geological disaster must be excluded.And the analysis of fish allowed scientists to conclude that the fish died not because of disease. Though the algae bloom was found on a small scale, this was not the reason behind the mass fish deaths.Scientists found convincing evidence to prove that there was a waste water source from Vung Ang area of Ha Tinh province which, combined with iron hydroxide, created a substance containing toxicity which had a density higher than the sea water and moved in accordance with ocean currents from the north to the south, causing the mass fish deaths.The convincing evidence shown by Vietnamese scientists, plus arguments from international scientists, then forced Formosa Ha Tinh, the Taiwanese investor, to admit its responsibility for polluting the marine environment.Minister of Science & Technology Chu Ngoc Anh, noting that it took scientists only two months to come to the conclusion, affirmed this showed the great efforts by scientists. In a similar environmental disaster in Chiba, Japan in December 2004, scientists needed one year to find the truth.Scientists also deserved credit for issuing warnings about extreme weather conditions to help minimize their effects on people’s lives.They issued an early warning that rainfall would decrease by 40-60 percent in Mekong Delta and by 49-70 percent in the Central Highlands in 2014, 2015 and 2016, all of which actually occurred.

January 17, 2017 01:56 UTC

Vietnam imports tons of carbendazim, a carcinogen

While Carbendazim is prohibited in many countries in the world, it is still used in Vietnam in a large quantity. A report from the Plant Protection Agency on the volume of plant protection chemicals with Carbendazim content in the last three years showed that Vietnam imported 2,000 tons of the products each year, mostly from China, India, Thailand and Singapore. Carbendazim is the major metabolite of Benomyl and Thiophanate-methyl decomposed in plants, water and the environment. On the list of pesticides allowed to be used in Vietnam, 16 commercial products with Benomyl content, and 90 commercial products with Thiophanate metyl are included. Pesticides with Carbendazim are used to prevent about 30 types of diseases affecting plants.

January 17, 2017 01:21 UTC

Health sector must be on guard

Health sector must be on guardVietNamNet Bridge – Associate Professor Tran Dac Phu, director general of the Department of Preventive Medicine, under the Ministry of health speaks to Viet Nam News Agency about his department’s readiness to cope with disease outbreaks. Then there was the outbreak of the Zika virus in 2016, that led to the birth of children with smaller heads. At a time when our international exchanges are increasing, we cannot say that Viet Nam is safe from epidemics elsewhere. This is an alarming sign for the health sector, which has to exert all efforts to ensure all children get all the immunisation shots needed. What are the activities planned by the health sector for this year?

January 17, 2017 00:57 UTC

Inequality challenges, next phase of Doi moi?

Inequality challenges, next phase of Doi moi? The problem of inequality in Viet Nam is taking place in the context of an unprecedented inequality crisis across the globe. Research from the World Bank and Oxfam shows that inequality of opportunity is the most worrisome form of inequality in Viet Nam, particularly among rural and poor people. In China the crime rate is found to be positively correlated with intra-provincial regional inequality; and an increase in income inequality has a robust effect of increasing crime rates. In a speech in 2013, US President Obama described rising income inequality as the "defining challenge of our time."

January 17, 2017 00:57 UTC

No wedding like the other

No wedding like the otherVietNamNet Bridge – It’s wedding season in Viet Nam and stories of the special ceremonies abound. But one wedding photo in particular attracted much attention and thousands of online comments. We went to see a sorcerer before the wedding to seek advice from him," he told Tien Phong (Vanguard) newspaper. No escape from this marriageA person’s wedding day is normally one of the happiest days of their life, but this was not so for Nguyen Thanh Tin, a groom from HCM City. Unforgettable partyNguyen Van T, a 26-year-old man from Tay Ninh Province’s Go Dau District, won’t ever forget a wedding party he attended recently.

January 17, 2017 00:57 UTC

Vietnam sets new requirements for doctoral training programs

Vietnam sets new requirements for doctoral training programsVietNamNet Bridge - The Ministry of Education and Training (MOET) has set stricter requirements for doctorates, hoping that changes in the new regulations will shift the quality of PhDs to the regional level. According to Nguyen Thi Kim Phung, director of the University Training Department, there are five new changes in the new regulation. Postgraduates also have to show their capability for scientific research through published research, scientific activities and technology transfer before registering to attend exams to become postgraduates. MOET requires postgraduates to have scientific articles published in prestigious scientific journals before their doctoral dissertations are defended. Quang sets up a principle for his graduate students that they must have at least two ISI articles published, because only ISI articles can ensure reliability and prove the research new.

January 17, 2017 00:57 UTC

HCM City upgrades bus services

HCM City upgrades bus servicesVietNamNet Bridge – The municipal authority of HCM City has taken measures to improve the city’s public passenger transportation, aiming to increase the number of bus passengers by 5 per cent this year. HCM City plans to draw the public to public transportation in a bid to ease traffic congestion. According to HCM City People’s Committee, in 2017 the city’s bus fleet will provide services to 600 million passengers, and will meet 15 to 20 per cent of the city residents’ demand for transportation services. To realise the targets, the city’s transportation sector will adopt major measures to attract residents to bus services. Tran Chi Trung, Director of HCM City Centre for Public Transportation Services, said infrastructure facilities for bus services will be improved this year, including more bus stations and bus stops, and especially facilities for handicapped passengers.

January 16, 2017 08:58 UTC

Students design an intelligent wheelchair

Students design an intelligent wheelchairVietNamNet Bridge – With a passion for physics, a Dong Nai-based group of students have invented an affordable robot-wheelchair, in a bid to ease the struggle disabled people have with movements and maneuverers, having been inspired by the wheelchair used by world-renowned physicist Stephen Hawking. The chair is also outfitted with a robotic arm that can hold a water bottle or hand over clothing to users. The machine can either be manually controlled via a control panel or an app on a smartphone or tablet. In the six months beginning in June 2016, the nation-wide contest drew some 110 ideas from 29 universities and academies. The invention “Supporting robot for people with infirmities and disabilities” by Dong Nai students.

January 16, 2017 08:55 UTC

VCB, ACB mobilised $452 million in bonds last year

VCB, ACB mobilised $452 million in bonds last yearThe Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB) and the Asia Commercial Joint Stock Bank (ACB) issued a total of $452 million worth of bonds in 2016. Together with ACB, the bank had issued a total of more than $451 million bond worth in 2016 to public investors. The 2016 year-end reports revealed that while VCB issued VND8 trillion (US$360 million) worth of bonds, ACB issued VND2.05 trillion ($92.6 million) worth of bonds, lower than its target of VND2.5 trillion. ACB issued VND1.05 trillion worth of bonds from November to December 2016. On June 30, 2016, ACB had reported having mobilised VND1 trillion worth of bonds with a five-year maturity period.

January 16, 2017 08:54 UTC

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