Forests sold within four to six years after plantingVietNamNet Bridge - Experts have voiced concern about the short life cycle of forests which are sold four to six years after planting. Vietnam has 3 million hectares of production forestsVietnam has three million hectares of production forests, 90 percent of which are acacia forests which provide materials to the woodwork industry. To have 8 million tons of woodchips for export, Vietnam needs 16 million cubic meters of timber. Also according to Hoai, foreign experts say that Vietnam is planting forests and selling young forests, not doing forestry. As the area for planting forests is limited, the only choice Vietnam can make is improving acacia plantation productivity to increase the timber output.
August 27, 2018 01:07 UTC
Pedagogical schools say they cannot find enough studentsVietNamNet Bridge - Many pedagogical schools complain that the numbers of students applying for admission was too modest after the first enrollment campaign. The decision was released after criticism about the low qualifications of teachers, attributed to the low quality of pedagogical schools’ input students. In the 2017-2018 academic year, some schools accepted to admit the students who got only 10 exam score. She affirmed that only some schools are meeting difficulties in seeking students, while prestigious schools are satisfied with their enrollment. RELATED NEWSEnrollment declines at pedagogy schools, education reform in dangerPedagogy school enrollment declines despite lax admission standardsMai Thanh
August 27, 2018 01:07 UTC
Producers of oil & gas firms see drop in profits, but distributors’ earnings riseVietNamNet Bridge - The oil price fluctuations have had a big impact on the business performance of Vietnam’s oil and gas firms. The oil price fluctuations have had a big impact on the business performance of Vietnam’s oil and gas firms. As the crude oil price is too low, oil & gas exploiters have suspend their drilling plans, which has led to low demand for drilling platform leasing. Collecting gas at oil fields and distributing gas in the market, the company doesn’t bear influences from the oil price fluctuations. US$1=VND22,000RELATED NEWSExperts warn about depletion of Vietnam’s largest oil fieldOil & gas loses the ‘throne’ as the biggest export itemKim Nam
August 26, 2018 10:41 UTC
Locals boycott thermal power projects as electricity shortages loomVietNamNet Bridge - The electricity outages that occurred in the dry season may return and become even more serious as provincial authorities do not want to build more thermal power plants in their localities. The biggest hindrance in developing power plants, according to Vuong, does not lie in the lack of capital, but in environmental problems. If the coal-fired power capacity increases by 2-4 times, the volume of ash and slag to be discharged would be even higher. According to Ma Khai Hien from Enerteam, the current electricity price is not high enough to encourage investors to build renewable power plants. RELATED NEWSCoal-fired power plants’ slag and ash cannot find outletsVietnam could generate all power via renewable energy by 2050: reportManh Hai
August 26, 2018 05:15 UTC
Developing airports: new playing field for billionairesVietNamNet Bridge - A series of new airport projects and upgrading of existing airports have been suggested with total investment capital of billions of dollars. A series of airport projects have been suggestedThe Cam Ranh complex, worth VND4 trillion, was developed under the BOT (build, operation, transfer0 mode by a joint venture of private investors. Many resort tourism projects, valued at billions of dollars, located 10-30 kilometers from the airport, have been implemented. Sun Group, a giant real estate developer, has inaugurated the Van Don International Airport, capitalized at VND7.2 trillion. According to the Civil Aviation Authority of Vietnam (CAAV), 94 million passengers went through airports in 2017 in Vietnam and the number of air passengers may reach 142 million by 2020.
August 26, 2018 01:07 UTC
Painting exhibition focuses on Vietnam’s land, peopleAn exhibition of 44 paintings on Vietnam’s land and people by 22 artists from Asian countries was opened to the public in a ceremony in Hanoi on August 25. Through this, Asian artists will have a chance to explore and depict the beauty of the nature, culture, land and people of Vietnam, as well as to intensify their exchanges in this field of art. This kind of exhibition has been held over the recent years with a view to popularizing the image of Vietnam among foreign friends. This year’s exhibition saw the participation of artists from China, India, Indonesia, Japan, Republic of Korea, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam who just made a field trip to Hoa Lu ancient capital in the northern province of Ninh Binh. The exhibition will run through September 3 in both Hanoi and Ninh Binh province.-VNA
August 25, 2018 17:03 UTC
Hue city hosts int’l cycling tournament Coupe De HueThe I-on Health Cup Race was held in Hue City, the capital of the central province of Thua Thien Hue on August 25 to kick start the Coupe De Hue cycling tournament, which attracts over 700 local and foreign riders. Coupe De Hue cycling tournament takes place on August 25-26, attractting over 700 local and foreign riders. (Photo: coupedehuecyclerace.com)The I-on Health Cup Race includes two events stretching the two distances of 25.8 km and 43.7 km, starting from Phu Van Lau Park in Hue City. The tournament, running through August 26, also hosts the 138-km Gran Fondo Sportive Ride which centres around the historical Citadel. The Coupe De Hue has become the first Union Cycliste Internationale (UCI) – registered Gran Fondo Sportive event in Vietnam and only one of a limited number in Southeast Asia.
August 25, 2018 17:03 UTC
PM to chair Quang Binh investment promotion conferenceThe central province of Quang Binh’s investment promotion conference will take place on August 26-27 in Dong Hoi city under the chair of Prime Minister Nguyen Xuan Phuc, according to the provincial People’s Committee. Dinh Huu Thanh, Director of the provincial Department of Planning and Investment said that the conference aims to introduce the investment potential and opportunities in the province. This is also a chance for investors to meet and make dialogue with local authorities, seeking new cooperation opportunities and sketching out orientations and solutions to effectively exploit the potential and strengths of Quang Binh. According to Vice Chairman of the provincial People’s Committee Tran Tien Dung, the conference is of significant importance to the locality. Earlier, Quang Binh held a number of sideline activities such as investment promotion conferences in the Philippines and Singapore, and a meeting with promising investors in Hanoi.-VNA
August 25, 2018 10:52 UTC
Vu Lan festival – a Vietnamese cultural beautyVu Lan festival is in full swing in Vietnam. In all pagodas and worship places around the country, Buddhist followers gather to hear talks about parental love and to pray for their parents. Vu Lan festival takes place on the 15th day of the 7th lunar month. The Buddhist festival has been popular in Vietnam for many years. He asked for the Buddha’s guidance and other Buddhist monks’ help to save his mother’s soul.
August 25, 2018 10:07 UTC
Regulation on sale promotions might help foreign retailers crush smaller competitorsVietNamNet Bridge - Experts have voiced their concern about the capability of Vietnamese retailers, wondering if they can compete with powerful foreign retail groups flocking to Vietnam. Huy also thinks that in the long term, the regulation on 100 percent promotion value will bring advantages to big retailers. More and more foreign retailers have flocked to Vietnam recently. Vu Vinh Phu, a retail expert, estimates that each sale point in foreign retail chains has revenue 5-7 times higher than Vietnam’s supermarkets. Therefore, once foreign retail chains have the right to raise promotion value, they will have more ‘weapons’ to struggle with Vietnamese ones.
August 25, 2018 10:07 UTC
NA to postpone consideration of special economic unit billThe National Assembly will not review the draft law on special administrative economic units at the sixth National Assembly session in October to have more time for consolidating the bill. Authorities have studied special economic zones in other countries for reference but there are many different views about it so the NA decided to delay the voting for further research, he noted. The bill had been deliberated at the fourth sitting of the 14th National Assembly (October 2017). At the fifth session in May 2018, deputies, scientists, economists, experts and constituents had actively contributed their opinions to the draft law. On June 11, the NA had agreed to postpone the consideration and adoption of the bill until the sixth session of the parliament later this year, instead of in the fifth session.-VNA
August 25, 2018 09:56 UTC
Vietnamese spend billions of US dollars to buy properties overseasVietNamNet Bridge - A Vietnamese corporation has reportedly spent $14 million at an auction to buy a shopping mall in the suburbs of Marrickville in Sydney, Australia, taking the first step in its plan to penetrate overseas markets. Vietnamese spend more money to buy properties overseasSome months before, another business acquired an apartment project on Racecourse street in Kensington in Melbourne in a deal worth $6 million. Vietnamese businesses and individuals began looking for properties overseas some years ago. Vietnamese businesses and individuals began looking for properties overseas some years ago. According to Phoebe Huynh from Denzell Consultancy, Greece has also become one of the countries eyed by Vietnamese house buyers.
August 25, 2018 06:56 UTC
Vietnam Airlines to arrange more flights to Jakarta to serve footballVietnam Airlines will conduct additional flights to Jakarta, Indonesia to serve Vietnamese football fans as the country’s Olympic team is making history by entering the quarter finals at the ongoing ASIAD 2018, the national flag carrier has announced. Accordingly, the carrier will launch two direct flights from Hanoi to Jakarta and add one more HCM City - Jakarta round trip on the day. Vietnam will face Syria in a match the same day. Vietnam Airlines will join hands with tourism companies in Hanoi, Da Nang and HCM City to devise travel packages on the day, which include flight and match ticket, tour guide and travelling fees for tourists. Vietnam won 1- 0 against Bahrain during the last stages of the 16-team knockout round for the men’s football on August 23.
August 24, 2018 10:18 UTC
Vien enters final of women’s 400m medley at Asian GamesVietNamNet Bridge – Vietnam’s top swimmer Nguyen Thi Anh Vien booked a ticket to the final of the women’s 400m medley at the Asian Games (ASIAD) in Indonesia this morning. Vietnamese top swimmer Nguyen Thi Anh Vien. In the 2014 ASIAD, Sakiko won a silver medal in the event with a time of 4:38.63, while Vien won the bronze in 4:39.65. Another Vietnamese swimmer, Mai Thi Linh, failed to qualify for the final after finishing her heat in 5:03.65. At last year’s Southeast Asian Games, Vien won the gold medal in 4:45.82.
August 21, 2018 10:52 UTC
Three major airlines still want to raise airfares, despite big profitsVietNamNet Bridge - All three airlines, Vietnam Airlines, Vietjet Air and Jetstar Pacific, have asked for permission to raise airfares, citing fuel price increases. The attempt by airlines to raise airfares has faced criticism from the public. Nguyen Phuong Thao, an office worker in Hanoi, said the airlines should improve the quality of services if they raise airfares. “Once three airlines want to raise airfares, this will generate a monopoly and violate the competition principle,” he said. CAAV thinks it would be better not to raise airfares this year as the government is making every effort to curb inflation.
August 21, 2018 09:22 UTC