Việt Nam invests in 1,188 overseas projects

HÀ NỘI — Việt Nam had channeled almost US$21.4 billion into 1,188 projects across 70 countries and territories as of January 2017, an official from the Ministry of Planning and Investment said. Of the total, $5.12 billion and $2.89 billion, respectively, was invested in 270 and 191 projects in the two neighbouring countries – Laos and Cambodia. Đoàn Thanh Nghị, deputy head of the overseas investment desk of the Ministry of Planning and Investment, said the Government had worked to facilitate domestic investors to move beyond borders. It will take three days for projects to get NA or PM approval to receive licence certificates. Conditional investment projects are those with impact on national defence-security, social order and safety, ecological environment, education and training, among others.

February 20, 2017 07:51 UTC

Brazil to import robusta coffee from Việt Nam

HÀ NỘI — Silvio Farnesi, Brazilan Ministry of Agriculture’s manager in charge of coffee, said the Brazilian government has approved import of robusta coffee for the first time in history, including from Việt Nam. This is to meet domestic demand for instant coffee production, he said. Brazil plans to import one million sacks of coffee, each equivalent to 60kg, by this May, with a maximum of 250,000 sacks per month. As the world’s top green coffee producer and instant coffee exporter, Brazil produced 49.6 million sacks of coffee, up 14.8 per cent annually. Arabica is mainly used for roasted and ground coffee production while robusta is used for instant coffee.

February 20, 2017 07:41 UTC

’Gabigol’ nets maiden strike as Inter beat Bologna

MILAN — Brazilian striker Gabriel ’Gabigol’ Barbosa handed Inter Milan all three points and kept his side within reach of the European places with his maiden Serie A strike in a 1-0 win at Bologna on Sunday. Coach Stefano Pioli gave Rodrigo Palacio a rare start up front, with Eder, Antonio Candreva and Perisic giving the Argentine striker plenty of support. But Bologna were a tough nut to crack, and Inter were wasteful throughout until Barbosa fired an easy tap-in past Angelo Da Costa with nine minutes toplay. Crosses were coming thick and fast into the Bologna area from both flanks but Inter were making little headway. Inter then had Handanovic to thank for saving the points at the death by rushing off his line to deny Vasilis Torosidis.

February 20, 2017 05:50 UTC

World’s largest container ship docks at Vietnam’s Cai Mep

World’s largest container ship docks at Vietnam’s Cai MepMargrethe Maersk container ship with the deadweight of 194,000 tons and capacity of 18,300 TEU docked at Cai Mep International Terminal (CMIT) on February 20th, making it the first seaport in Vietnam and the nineteenth in the world able to accommodate the world’s largest Maersk Triple E class container ship. The world’s largest container ship docks at Cai Mep International Seaport, Ba Ria-Vung Tau, southern Vietnam on February 20th. The ship was on its way to transport goods from Asia and Europe, docking at Cai Mep to load and straightly transport Vietnamese goods to Europe. Six years after the first container wharf of Cai Mep seaports came into operation, the volume of container goods via the complex reached 1.36 million TEU in 2015. CMIT is a dedicated container terminal invested by international container terminal operator APM Terminal, Saigon Seaport and Vietnam National Shipping Lines (Vinalines) in the lower reaches of the Cai Mep river.

February 20, 2017 05:48 UTC

Roland Mouret back in London to face young designers

LONDON — French designer Roland Mouret returned to the city where he made his name on Sunday to celebrate 20 years in fashion, admitting he wanted to test himself against London’s younger creative set. "What is my voice in the middle of a generation of designers who are ten years younger than me?" London is renowned as a hotbed of young fashion talent, in large part due to its world-class fashion colleges, with designers such as J.W. Mouret rose to the challenge by turning back to his first collection, reworking five original pieces, including a dress made from a square of flowered fabric. Mouret said he imagined the clothes being worn by women leaving their lovers, going out to work, or to a political protest -- gorgeous, louche, but eminently wearable.

February 20, 2017 05:45 UTC

City plans super cheap homes

City plans super cheap homesVietNamNet Bridge – Municipal authorities are considering following in Binh Duong Province’s footsteps to build ‘super-affordable houses,’ but the jury is out on the project’s feasibility. The socio-economic conditions of each locality are different, and HCM City cannot expect to copy the Binh Duong model. Le Hoang Chau, Chairman of HCM City Real Estate AssociationIn my opinion, HCM City can only build some 15,000 to 20,000 $4,500 apartments because its land reserves are very limited. If HCM City authorities are dead set on building super-affordable houses, infrastructure must be a priority. Le Hoang Chau, Chairman of HCM City Real Estate Association.

February 20, 2017 05:15 UTC

Britain’s House of Lords begins debating Brexit bill

LONDON — Britain’s House of Lords begins debating a bill today empowering Prime Minister Theresa May to kickstart Brexit – a potentially tricky test given her Conservatives do not hold a majority there. Discussions in the unelected upper house of parliament get underway after the lower House of Commons overwhelmingly approved the draft legislation earlier this month. But he doubted the unelected chamber -- whose members are appointees, many of them career politicians -- would seek to derail the Brexit bill entirely. Her view was echoed by Conservative MP Dominic Raab, who warned that voters would not look kindly on unelected peers seeking to block the Brexit bill. But Brexit minister David Davis said he expects the government to meet its self-imposed deadline of triggering Article 50 by the end of next month.

February 20, 2017 04:59 UTC

When love turned sour for five managerial icons

And Ranieri because the Foxes have lost their bite and are in danger of becoming the first English league champions to be relegated since Manchester City in 1938. Here AFP Sports looks at five other managerial icons who fell foul of the very same fans who used to chant their names from the rooftops. Luiz Felipe Scolari - Brazil’Big Phil’ never stood taller than when he guided a Brazil side numbering the three ’R’s’ Rivaldo, Ronaldo and Ronaldinho to the 2002 World Cup triumph over Germany. Jose Mourinho - ChelseaThe self anointed ’Special One’ returned to Chelsea for a second spell and duly delivered the 2015 Premier League title in his second season back. He had the last laugh years later, ending his career by guiding Bayern Munich to the treble of the league title, Cup and Champions League.

February 20, 2017 04:54 UTC

Central VN faces challenges persuading pupils back to class

Central VN faces challenges persuading pupils back to classSchools in some remote areas of the central region are facing difficulties attracting students back to schools after the Tet holiday as many prefer staying at home to help their parents with new farm crops. A small girl helps her mother with farm work in Quang Tri ProvinceOnly eight pupils attended a class at Ba Xa Secondary School in Ba To District, Quang Ngai Province afterTet last year. It has always been difficult for teachers in some remote and mountainous areas of Quang Tri, Quang Ngai, Quang Nam and Thua Thien-Hue provinces to call for pupils to return to school after the holiday. Many schools in the two mountainous districts of Huong Hoa and Dakrong in Quang Tri Province have also reported high number of absent pupils in recent days. "4% of high school pupils and 10% of secondary pupils haven't returned to class in our district," Huan said.

February 20, 2017 04:41 UTC

Hanoi to revoke out-dated motorbikes to reduce air pollution

Hanoi to revoke out-dated motorbikes to reduce air pollutionChairman of the Hanoi People's Committee Nguyen Duc Chung said that Hanoi is considering revoking obsolete motorbikes which are among factors causing more serious air pollution in Hanoi. According to Chung, the current air monitoring stations showed that exhaust fumes of vehicles are among key reason for the city's air pollution. Hanoi is home to 6 million motorbikes, including out-of-dated 2.5 million which are unsafe to be used. Metro projects are being carried out in Hanoi, which have also contributed to more serious air pollution as well as traffic congestion. These are among the eight urban railway routes that Hanoi wants to build in the future.

February 20, 2017 04:41 UTC

Germany expects continued IMF aid for Greece

BERLIN — Germany has said that it expects the International Monetary Fund to continue participating in the bailout for debt-stricken Greece, despite the lender’s doubts on the issue. Ahead of key talks over the Greek debt saga, German Finance Minister Wolfgang Schaeuble told ARD public television he was "starting from the principle" that the Washington-based IMF would carry on supporting Greece alongside the eurozone. Concerns over Greek debt have been rising in recent weeks, sparking fears of another eurozone crisis. "I think there is a good chance that we will have a solution with the participation of the IMF." It has demanded the eurozone reduce the debt burden to make the repayments more sustainable.

February 20, 2017 04:33 UTC

Pence takes charm offensive to EU and NATO

BRUSSELS — US Vice President Mike Pence meets EU and NATO leaders today at the end of a European trip aimed at reassuring allies worried that President Donald Trump might abandon them. Upon arrival in Brussels on Sunday, Pence said he looked "very much forward" to his meetings with EU foreign policy chief Federica Mogherini, European Council President Donald Tusk, European Commission President Jean-Claude Juncker and NATO Secretary General Jens Stoltenberg. Brussels follows a visit to the Munich Security Conference, where Pence told European leaders and defence experts: "The United States is and will always be your greatest ally. "President Trump and our people are truly devoted to our transatlantic union." While Pence’s meetings with EU and NATO leaders are likely to be diplomatic, several groups plan to hold demonstrations against Trump policies.

February 20, 2017 04:24 UTC

Explosion at Colombia bullring injures dozens

BOGOTA — An explosion injured at least 26 people in the Colombian capital Sunday, most of them police guarding a bullring that had been targeted by protests on reopening last month, officials said. The explosion struck near the Plaza Santamaria bullring in the Macarena district. Bullfighting protestsClosed in 2012 by the city’s former leftist mayor Gustavo Petro, the bullring was ordered to reopen by Colombia’s Constitutional Court. City Mayor Enrique Penalosa, who overflew the scene in a helicopter, said the area had been secured. The authorities have not said who was behind the explosion or whether anti-bullfight activists were suspected.

February 20, 2017 04:19 UTC

VN students gain insight into pangolin conservation

VN students gain insight into pangolin conservationMore than 400 university students have learned about pangolins, the world’s most trafficked mammal, through activities held in Hanoi by the Save Vietnam’s Wildlife (SVW) and the students’ association of the Vietnam National University of Forestry. Dead pangolins are kept at the Hanoi Wildlife Rescue CentreVietnam is home to the Chinese pangolin (Manis pentadactyla) and the Javan pangolin (Manis javanica), both of which are critically endangered. Aside from the forum, students also visited an exhibition featuring photos about pangolin rescue and reintroduction taken by renowned photographers such as Suzi Eszterhas and SVW staff. Too many rare animals have become extinct in Vietnam, but the country can still save pangolins if efforts are made immediately, he said. All hunting and trading of the species in Vietnam is illegal, as is the use of products from pangolin.

February 20, 2017 04:18 UTC

Roadblocks divert car industry gains

Roadblocks divert car industry gainsAs car sales fall within the country, Vietnam is looking to overhaul regulations to keep up with the rapid changes within the automotive industry. In January, auto imports from ASEAN countries skyrocketed following tariff reductions throughout the region. However, Vietnam’s automobile industry has an annual production capacity of 250,000 units compared to over two million in Thailand. The organisation said the country needs to increase the domestic car market volume to retain local assembly. Vietnam’s domestic car market is not big enough to support large-scale automotive production.

February 20, 2017 03:45 UTC



Trending Today






Loading...