Auto industry receives huge FDI investments

Auto industry receives huge FDI investmentsVietnam’s auto industry saw its highest level of foreign direct investment thanks to loosened tax policies and rising personal incomes. Manufacturing industry continued to top the list as FDI increased annually with over 1,000 investments. The auto industry rose from fourth or fifth rank to second, above real estate, as it also received a substantial amount of investments last year with over 505 projects. Mercedes opened 12 more distribution centres and Toyota increased its distribution outlets to 44. What can they do asides from asking for financial support from the government while state budget revenues are being limited?"

January 16, 2017 07:55 UTC

Feedback sought on Long Thanh Airport design

Feedback sought on Long Thanh Airport designVietNamNet Bridge – The Aviation Airport Corporation of Viet Nam (ACV) has started collecting feedback from the local community in HCM City regarding the architectural plan of Long Thanh International Airport’s passenger terminal from January 12 to 23, 2017. The Aviation Airport Corporation of Viet Nam (ACV) has started collecting feedback from the local community in HCM City regarding the architectural plan of Long Thanh International Airport’s passenger terminal from January 12 to 23, 2017. We are establishing the feasibility research for the first phase of the Long Thanh International Airport’s passenger terminal,” Dao Viet Dung, deputy general director of the ACV was quoted as saying on the government website. The ACV had already organised a contest for the architectural plan of the Long Thanh International Airport’s passenger terminal. The Long Thanh International Airport project was divided into three stages.

January 16, 2017 05:21 UTC

BUSINESS NEWS IN BRIEF

By 2020, the provincial total production value for the textile industry hopes to reach VND3.95 trillion (US$178.2 million), double that of 2015. Production quantity aims to increase to 51 to 53 million units in 2020 and up to 64 to 65 million units in 2025. As of 2016, Binh Dinh’s textile industry had produced 20 million units. "The municipal Department of Industry and Trade has implemented a plan to stabilize the market during Tet. ), an investment of $134.3 million in total, which will have an annual capacity of over 800,000 tonnes on completion.

January 16, 2017 05:21 UTC

China, Europe drive shift to electric cars as U.S. lags

China, Europe drive shift to electric cars as U.S. lagsElectric cars will pick up critical momentum in 2017, many in the auto industry believe - just not in North America. The road ahead for electric vehicles (EVs) in the United States, however, could have more hairpin curves. To drive the shift to electric, industry executives said they needed more help from governments. In China, Europe and the United States, automakers are advocating new infrastructure money go to public electric car charging networks. "Look to China rather than the U.S. for the future of electric cars," Gerard Detourbet, a Renault-Nissan executive leading low-cost plug-in development, said recently.

January 16, 2017 05:21 UTC

Vietnamese dominate regional vovinam champs

Vietnamese dominate regional vovinam champsViet Nam took top position in the Southeast Asian Vovinam (Vietnamese traditional martial art) Championship, yesterday in Seam Reap, Cambodia. VN wins 12 gold medals at regional vovinam championship. The Vietnamese martial artists earned 12 gold, 13 silver and one bronze medals at the fourth championship, which began on January 9. Laos stood in third, winning four gold medals. They competed for 27 sets of medals in nine categories, as well as 18 medals awarded for performance.

January 16, 2017 04:35 UTC



Tan Son Nhat to increase night flights during Tet

Tan Son Nhat to increase night flights during TetVietNamNet Bridge – The Tan Son Nhat Airport Authority announced it will increase the number of night flights to meet high demand during Tet (Lunar New Year) holiday. Passengers check in at Tan Son Nhat International AirportDang Tuan Tu, director of the Tan Son Nhat Airport Authority, said the increase of night flights would ease the overload of jet parking space at night, because the airplanes would continuously depart and land so the number of airplanes in the parking area would not increase. Nguyen Quy Don, head of the HCM City long-range air traffic control centre of the Southern Airport Authority, said the centre also planned to increase its staff to be on duty at Tan Son Nhat airport during peak hours. According to the Tan Son Nhat authority, the number of passengers and flights before and after Tet 2017 will rise year-on-year 19.6 per cent. In particular, on January 24 and 25, the Tan Son Nhat airport will handle 776 flights and 112,745 passengers, an increase of 141 flights and 14,500 passengers compared to the same period last year.

January 16, 2017 04:30 UTC

Flappy Bird, Politaire show Vietnam doesn’t lack talent

Flappy Bird, Politaire show Vietnam doesn’t lack talentVietNamNet Bridge - After Nguyen Ha Dong’s Flappy Bird emerged in early 2014, marking Vietnam’s position in the world market, Vietnam’s game industry developed rapidly with numerous game studios, big and small. After Nguyen Ha Dong’s Flappy Bird emerged in early 2014, marking Vietnam’s position in the world market, Vietnam’s game industry developed rapidly with numerous game studios, big and small. Solitaire could not be displayed on mobile devices which have small screens.Just within two weeks, the programmers of Pine Entertainment could complete the game. The products must also be original and creative.Politaire is specifically designed for mobile device users, from gameplay to the use of thumbs. In graphics.

January 16, 2017 01:51 UTC

Mekong Delta 2016: historic drought, saline intrusion destroys crops

Mekong Delta 2016: historic drought, saline intrusion destroys cropsVietNamNet Bridge - Dried fields, cattle dying of thirst, expensive drinking water, sea water overflowing houses. In 2016, the lives of millions of people in Mekong Delta, Central Highlands and central region were upset because of drought and salinity intrusion. In the first months of 2016, when the north saw record spells of cold, the central and southern regions suffered a historic drought and saline intrusion caused by El Nino.The natural calamity faded fertile fields and withered crops. In Central Highlands, vast coffee hills were ‘burned to death’ and turned into firewood.In shrimp farming areas, shrimp could not grow because of salt water. In the south central region, the production was suspended on 23,000 hectares of rice fields because of the lack of water.

January 16, 2017 01:41 UTC

VN traffic won’t improve without sacrifice: economist

VN traffic won’t improve without sacrifice: economistVietNamNet Bridge – Economist Luong Hoai Nam tells the Tuoi tre (Youth) newspaper about the urgent trade-offs between private transport and public transport and offers the way forward to curbing traffic congestion in major cities. — Photo tuoitre.vnMajor cities like Ha Noi and HCM City see serious traffic jams, although initiatives have been implemented to curb the problem. BRT is a good idea, but in the first days of its operation, BRT has been trapped among private vehicles. To road users, they must be aware that if they keep using private vehicles, they must accept traffic congestion as a consequence. Or, if they keep using private vehicles, they will keep suffering from traffic jams.

January 16, 2017 01:33 UTC

84 percent of VN students say they feel unsafe at school

84 percent of VN students say they feel unsafe at schoolVietNamNet Bridge - Eighty percent of students say they have suffered from gender-based violence at least once, while 71 percent of students have been affected by school violence in the last six months. Eighty percent of students say they have suffered from gender-based violence at least once, while 71 percent of students have been affected by school violence in the last six months. In addition, 84 percent of students said they felt insecure at school. One reason is that teachers think beating and insulting students is an educational method, and parents use beating to deal with problems.Huong also thinks that pressure of life that adults put on children’s shoulders is another reason. Their inactive lives, only eating, sleeping and learning every day, fuels anger.However, according to Huong, the major cause is that parents and teachers neglect their duty of giving moral lessons to students, telling them not to disturb others and respect others’ personalities.“If students are taught this, they will have few reasons to fight each other,” Huong said.Some analysts say schools and teachers must take responsibility for the increased school violence because they are indifferent to the problems or even make it worse.However, Huong denied that teachers assist school violence.

January 16, 2017 01:33 UTC

Social News 15/1

It is a favored venue social major events, meetings, and performances by domestic and foreign art troupes. The exhibition complex will be a venue for significant cultural and social activities in the province and highlight its economic achievements, its developers said. The money raised will be used to buy presents and the materials needed to make 1,000 sticky rice cakes to gift homeless people and those living in social welfare centres. On display are documents, objects, publications and nearly 100 maps which were collected by local and international researchers and scholars. All these exhibits affirmed the process Vietnam continuously exercised and defended its sovereignty over Hoang Sa and Truong Sa islands.

January 15, 2017 14:11 UTC

Creative methods bring history to life

Creative methods bring history to lifeVietNamNet Bridge – “What would you do if you were a high court mandarin during the Nguyen Dynasty?”Illustrative imageThe hypothetical question was asked in the end-of-term history exam at Nguyen Tat Thanh Secondary School in Ha Noi. History teacher Thu said that it was only the final term question after more active learning in class throughout the semester, when students were divided into smaller groups for discussion and debate. Digging up the historical questions, according to teacher Thu, was a very active way of learning history. The questions all tried to get students involved in the possibility of reshaping history, hypothetically, or help to shape the future. History text books only have a few lines on a subject, but she found a more specific way to give students an image to remember.

January 15, 2017 10:55 UTC

Ministry wants to resume mining, but local authorities demur

Ministry wants to resume mining, but local authorities demurVietNamNet Bridge - While the Ministry of Industry and Trade (MOIT) wants to resume exploitation of Thach Khe, the largest iron mine in South East Asia, after eight years of interruption, Ha Tinh provincial authorities are reluctant to do so. While the Ministry of Industry and Trade (MOIT) wants to resume exploitation of Thach Khe, the largest iron mine in South East Asia, after eight years of interruption, Ha Tinh provincial authorities are reluctant to do so. Local authorities are hesitant to develop the project due to doubts about raising capital. Some mining companies have recently asked for permission to export iron ore in inventory.An analyst said that it was not by chance that MOIT has decided to restart Thach Khe mining. A series of large blast-furnace steel projects such as Ca Na and Dung Quat are also being considered.

January 15, 2017 10:08 UTC

Planting forests under the ocean

In an effort to preserve and revive nature’s precious gift, Phu Quoc Nature Reserve has been implementing a project of planting a coral reef nursery garden on the seabed. From An Thoi Harbour in Phu Quoc District, a wooden boat carries a group of conservationists from Phu Quoc Nature Reserve, heading south. Delicate work: On moving to the new coral reef, the breed coral branches are preserved in sea water tanks that are provided with oxygen constantly. Photo phuquocreal.vnHowever, it takes a long time for the surviving coral branches to continue growing and regenerate into new coral reef. “The cost of planting one square metre of coral reef is about VND3 million (US$132) and it takes five years.

January 15, 2017 09:47 UTC

Inequality on the rise in Vietnam: survey

Reasons for the inequality include economic development and ineffective use of funds to reduce poverty, participants at the event said. Impacts of inequalitiesAccording to the report, economic inequality has triggered inequalities of voice and opportunity. Nguyen Hoang Mai, vice chairman of the NA’s Committee on Social Affairs, said the NA has made bold decisions in an attempt to tackle inequality. “But we have a lot of works ahead to tackle inequality,” Mai said. In the meantime, Oxfam Viet Nam called Vietnamese Government, civil society groups, and media to monitor the implementation of policies to tackle inequality.

January 15, 2017 09:47 UTC



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